Forex strategies revealed | FSR Forum

The New York Open 20.11.2014.



EURUSD



Time frame: 1 hour
Trend: Down
Outlook: EURUSD is trading back up to the negatively layered moving averages
Probable scenario: Short beneath 1.2505
Alternate scenario: Long above 1.2575
Intraday levels: Open: 1.2554, R1 1.2610, R2 1.2670, S1 1.2470, S2 1.2405


GBPUSD



Time frame: 1 hour
Trend: Up
Outlook: GBPUSD is trading higher and away from the positively layered moving averages
Probable scenario: Long above 1.5687
Alternate scenario: Short beneath 1.5645
Intraday levels: Open: 1.5680, R1 1.5755, R2 1.5830, S1 1.5580, S2 1.5500


USDJPY



Time frame: 1 hour
Trend: Up
Outlook: USDJPY is trading back down to the positively layered moving averages
Probable scenario: Awaiting long set up
Alternate scenario: Short beneath 117.88
Intraday levels: Open: 117.93, R1 119.00, R2 119.50, S1 118.00, S2 117.50


USDCHF



Time frame: 1 hour
Trend: Up
Outlook: USDCHF is trading back down to the positively layered moving averages
Probable scenario: Long above 0.9606
Alternate scenario: Short beneath 0.9552
Intraday levels: Open: 0.9568, R1 0.9630, R2 0.9680, S1 0.9525, S2 0.9475