Instaforex Analysis

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Re: Instaforex Analysis

Postby IFX Gertrude » Thu Jun 13, 2013 4:42 am

EUR/JPY technical analysis for June 13, 2013

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RECOMMENDATION:
Sell stop (pending order) at 128.24.
Take profit at 128.10.
Stop loss at 128.34.

More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
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Re: Instaforex Analysis

Postby IFX Gertrude » Fri Jun 14, 2013 6:24 am

EUR/JPY technical analysis for June 14, 2013

Image

RECOMMENDATION:
SELL Stop (Pending Order) is at 126.24.
Take Profit is at 126.10.
Stop Loss is at 126.34.

More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2917
Joined: Wed Nov 07, 2012 6:25 am

Re: Instaforex Analysis

Postby IFX Gertrude » Mon Jun 17, 2013 6:05 am

EUR/JPY technical analysis for June 17, 2013

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With all the three Moving Average making a death cross pattern formation, the market is still in downtrend pressure. It seems the seller will get more advantage than the buyers as long as 126.25 is not breached, the downside pressure still continues.

RECOMMENDATION:
SELL Stop (Pending Order) at 125.99.
Take Profit at 125.85.
Stop Loss at 126.09.

More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2917
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Re: Instaforex Analysis

Postby IFX Gertrude » Tue Jun 18, 2013 6:10 am

NZD/USD technical analysis for June 18, 2013

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Overview:
NZD/USD movement will be continued straight from 0.7850 (in the H1 chart 23.6% of Fibonacci retracement levels). Therefore the kiwi is showing signs of strength, following the break of the highest level of 0.7860. So it will be a good sign to buy above the level of 23.6% of Fibonacci retracement levels in the H1 chart with the first target of 0.7960 and further to 0.8050 (it will act as a strong resistance for that it is going to be a good place to take profit, it also should be noted that this level of taking profit will coincide with 78% of Fibonacci. However, in case a reversal takes place and NZD/USD breaks through the support level of 0.7850/0.7860, the market will lead to further decline to 0.7710, indicating bearish mood. According to previous events, the price will be trapped between 0.8000 and 0.7920. Buy above 0.7860 with the first target of 0.7950, it might resume to 0.80 and then, to 0.8047. Below 0.8050 look for further downside with 0.7923 and 0.7860 targets. Also it should be noted that if there happens a break through 0.7850, the market will indicate bearish momentum towards 0.7710.

More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
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Re: Instaforex Analysis

Postby IFX Gertrude » Wed Jun 19, 2013 4:53 am

EUR/JPY technical analysis for June 19, 2013

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Today this currency pair is in the uptrend. This is indicated by the moving average already making a Golden Cross pattern, but please remain careful because this night the US FOMC Statement is expected, please be prepared for the reversal movement during the news release.

RECOMMENDATION:
Buy stop (pending order) at 128.11. Take profit at 128.25. Stop loss at 128.01.

More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
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Re: Instaforex Analysis

Postby IFX Gertrude » Thu Jun 20, 2013 6:09 am

EUR/JPY technical analysis for June 20, 2013

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For today, EUR/JPY seems to have a little sign of weakness even though the situation is still in the uptrend, which is indicated by all the three Moving Averages still forming the Golden Cross pattern, but unfortunately this currency pair has already retraced and touched the Exponential Moving Average (100). We know this will be the sign of the weakness from the uptrend in this currency, so pay attention to any reversal movements to test their previous support.

RECOMMENDATION:
Buy stop (pending order) at 128.51. Take profit at 128.65. Stop loss at 128.41.

More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
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Re: Instaforex Analysis

Postby IFX Gertrude » Fri Jun 21, 2013 5:03 am

USD/CHF technical analysis for June 21, 2013

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Overview:
USD/CHF: The price has still been trapped between 0.9275 - 0.9300 as well as it has been set below strong resistance at the level of 0.9420 (this level is formed at the weekly pivot point for June 17 - 21, 2013). Additionally, it should be noted that these levels are coinciding between 23.6% and 00% of Fibonacci retracement levels in the H1 chart and the pair has already formed a strong resistance at this level of 0.9403 and it is now about to test it. Therefore, the Swiss franc will have a downside momentum which is rather convincing and the structure of the fall looks non-corrective. Moreover, the decline from 0.9403 should be resumed to 0.9185 (strong support will be set at 0.9185). In order to indicate a bearish opportunity below 0.9403, it will be a good sign to sell below 0.9400 with the first target at 0.9290 and it will call for the downtrend in order to continue a bearish movement towards 0.9228 (00% of Fibonacci retracement levels in the H1 chart). Furthermore, it also should be mentioned that the price at 0.9222 will possible form a double bottom and call for a strong support. Hence, saturation around 0.9185 will rebound the pair; meanwhile, it will probably show that the market is going to start showing the signs of a bullish trend. In other words, it will be a good sign to buy above 0.9185 with the first target of 0.9300 and continue towards 0.9380.

More analysis - at instaforex.com
Best regards, PR Manager

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Re: Instaforex Analysis

Postby IFX Gertrude » Mon Jun 24, 2013 5:26 am

EUR/JPY technical analysis for June 24, 2013

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For today, EUR/JPY seems to have got a bullish momentum again, but the momentum is not strong enough because we spotted that EUR/JPY has already touch the EMA (100), this means the weak signal of the current trend (bullish), so please be prepared for unexpected reversal moves on this currency.

RECOMMENDATION:
Buy stop (pending order) at 129.26.
Take profit at 129.40.
Stop loss at 129.16.

More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2917
Joined: Wed Nov 07, 2012 6:25 am

Re: Instaforex Analysis

Postby IFX Gertrude » Wed Jun 26, 2013 5:36 am

USD/CHF technical analysis for June 26, 2013

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Overview:
USD/CHF's subsequent sharp fall suggests that decline from 0.9579 had resumed to test 0.9382. Therefore, the pair has already formed a strong support at the psychological level of 0.9130. It should be noted that the price has still been trapped between 0.9310 and 0.9220. Moreover, it couldn't close below this psychological level, while the price has been set above it for two weeks, hence the market started showing bullish signs. Consequently, it is a good sign to buy above 0.9130 with the first target of 0.9118 (Pivot point), and continue towards 0.9490. However, If the trend breaks this level and closes below it (0.9480), it will be a downside momentum. The structure of the fall does not look corrective, hence the market will indicate a bearish opportunity below 0.9480, subsequently the support will be become a resistance. It will be a good sign to sell below 0.9480 with the target at 0.9420. Further, it will be resumed towards 0.9132 in order to form a double bottom.

More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2917
Joined: Wed Nov 07, 2012 6:25 am

Re: Instaforex Analysis

Postby IFX Gertrude » Thu Jun 27, 2013 5:01 am

AUD/USD - Buy above 0.9341 - daily strategy for June 27, 2013

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Yesterday the Australian dollar overcame 0.9294 area. After three attempts to break it, this pair at the moment is trading at 0.9322. Now it must face the 0.9341 area. A closure 4H chart above this level will open the way to the area of 0.9519, psychological level. It is the first weekly resistance. This morning during the American session, there will be data, which certainly will give strength to the U.S. dollar. On the other hand, China's economy is slowing, because of this, Australia is lagging with all the raw material used to be exported in large quantities. Also the price of gold is affecting this pair. The fact that today in the early hours of the day it reached the level of $1,222 per an ounce of gold is weakening the strength of the Aussie. On the other hand, people have begun to worry because the RBA will need to cut rates in the near term. However, we recommend you to buy this pair only if the price of the pair exceeds the 0.9341 area in 4H charts with objectives to the level of 0.9480.

More analysis - at instaforex.com
Best regards, PR Manager

Learn more about InstaForex Company at http://instaforex.com
IFX Gertrude
 
Posts: 2917
Joined: Wed Nov 07, 2012 6:25 am

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