Forex strategies revealed | FSR Forum

The London open 21.11.2014.




EURUSD



Time frame: 1 hour
Trend: Up
Outlook: EURUSD is trading back down to the positively layered moving averages
Probable scenario: Long above 1.2570
Alternate scenario: Short beneath 1.2530
Intraday levels: Open: 1.2539, R1 1.2620, R2 1.2680, S1 1.2475, S2 1.2410


GBPUSD



Time frame: 1 hour
Trend: Up
Outlook: GBPUSD is trading back down to the positively layered moving averages
Probable scenario: Long above 1.5715
Alternate scenario: Short beneath 1.5670
Intraday levels: Open: 1.5692, R1 1.5770, R2 1.5855, S1 1.5600, S2 1.5525


USDJPY



Time frame: 1 hour
Trend: Down
Outlook: USDJPY is trading back up to the negatively layered moving averages
Probable scenario: Short beneath 117.35
Alternate scenario: Long above 118.37
Intraday levels: Open: 118.14, R1 118.70, R2 119.25, S1 117.20, S2 116.20


USDCHF



Time frame: 1 hour
Trend: Neutral
Outlook: USDCHF is trading around the moving averages
Probable scenario: Long above 0.9605
Alternate scenario: Short beneath 0.9550
Intraday levels: Open: 0.9582, R1 0.9635, R2 0.9680, S1 0.9525, S2 0.9475