Daily Market From ACFX.com

[Atlas CapitalFx]

Daily Technical Analysis for USDCHF as at 18th December 2012

DAILY OVERVIEW
Trend : Short
Ambush Zone : -
Target 1 : -
Target 2 : -
Stop : -



Comments
No change from yesterday’s posting. The bias has shifted to the short side. It is too early to post a Fibonacci short set up but our eye is drawn to the down trend line as an area where short entries could possibly be taken.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

Daily Technical Analysis for GBPUSD as at 18th December 2012

DAILY OVERVIEW
Trend : Long
Ambush Zone : 1.6105 – 1.6045
Target 1 : 1.6220
Target 2 : 1.6310
Stop : < 1.6000



Comments
New long set up posted. Our preference is to wait for a pull back before one enters the trade with the initial area of interest being the 8 period moving average.

Definitions
Trend : Current trend as defined by technical Swing Analysis.
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

Daily Technical Analysis for Gold as at 18th December 2012

DAILY OVERVIEW
Trend : Short
Ambush Zone : 1719.80 – 1739.15
Target 1 : 1684.50
Target 2 : 1671.90
Stop : 1754.40



Comments
Yesterday Gold traded close to Target 1. We are monitoring Gold for continued bearish momentum to Target 2.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

[Atlas CapitalFx]

Daily Technical Analysis for EURUSD as at 18th December 2012


DAILY OVERVIEW
Trend : Long
Ambush Zone : 1.3030 – 1.2940
Target 1 : 1.3190
Target 2 : 1.3285
Stop : < 1.2875



Comments
New long set up posted. Our preference is to wait for a pull back before one enters the trade with the initial area of interest being the 8 period moving average.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for Oil (WTI) as at 18th December 2012

DAILY OVERVIEW
Trend : Short
Ambush Zone : 88.80 – 91.50
Target 1 : 84.00
Target 2 : 77.25
Stop : >93.65



Comments
Oil continues to make minor micro swings within a relatively tight range. We are monitoring the current bullish momentum and the reaction once Oil enters Fibonacci resistance.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

Daily Technical Analysis for USDJPY as at 18th December 2012

DAILY OVERVIEW
Trend : Long
Ambush Zone : -
Target 1 : -
Target 2 : -
Stop : -



Comments
Yesterday USDJPY closed its opening gap. Our bias is long but with a preference to purchase a pullback initially at the 8 period moving averages and then at the Fibonacci support area. We are monitoring the price action and most probably list new Fibonacci levels and targets tomorrow.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

[Atlas CapitalFx]

Daily Technical Analysis for Gold as at 19th December 2012

DAILY OVERVIEW
Trend : Short
Ambush Zone : 1719.80 – 1739.15
Target 1 : 1684.50
Target 2 : 1671.90
Stop : 1754.40



Comments
Yesterday Gold reached Target 1 and 2. We are monitoring the price action at these levels for further down side momentum.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for Oil (WTI) as at 19th December 2012

DAILY OVERVIEW
Trend : Short
Ambush Zone : 88.80 – 91.50
Target 1 : 84.00
Target 2 : 77.25
Stop : >93.65



Comments
Oil is now trading marginally beneath Fibonacci resistance. We continue to monitor the price action at these levels. However, a failure to breach the uptrend line will force us to review our negative bias.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


]Daily Technical Analysis for EURUSD as at 19th December 2012

DAILY OVERVIEW
Trend : Long
Ambush Zone : 1.3065 – 1.2960
Target 1 : 1.3255
Target 2 : 1.3285
Stop : < 1.2875



Comments
EURUSD continued to trade higher yesterday with no short signals generated on the lower 4 and 1 hour position entry time frames. Our bias is still on the long side with a preference is to wait for a pullback rather than to chase the move higher.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

[Atlas CapitalFx]

Daily Technical Analysis for USDJPY as at 19th December 2012

DAILY OVERVIEW
Trend : Long
Ambush Zone : -
Target 1 : -
Target 2 : -
Stop : -



Comments
USDJPY has been trading within a tight range for the past 2 days. Our bias is still on the long side with a preference is to wait for a pullback rather than to chase the move higher.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for GBPUSD as at 19th December 2012

DAILY OVERVIEW
Trend : Long
Ambush Zone : 1.6135 – 1.6055
Target 1 : 1.6270
Target 2 : 1.6310
Stop : < 1.6000



Comments
GBPUSD continued to trade higher yesterday with no short signals generated on the lower 4 and 1 hour position entry time frames. Our bias is still on the long side with a preference is to wait for a pullback rather than to chase the move higher.

Definitions
Trend : Current trend as defined by technical Swing Analysis.
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for USDCHF as at 19th December 2012

DAILY OVERVIEW
Trend : Short
Ambush Zone : -
Target 1 : -
Target 2 : -
Stop : -



Comments
USDCHF continues to trade lower. Our bias is still on the short side with a preference is to wait for a pullback rather than to chase the move lower. We have set not Fibonacci level yet but key areas to consider for placing shorts are the 8 period moving averages and the down trend line.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

[Atlas CapitalFx]

Daily Technical Analysis for USDJPY as at 20th December 2012

DAILY OVERVIEW
Trend : Long
Ambush Zone : 83.15 – 82.35
Target 1 : 84.60
Target 2 : 85.50
Stop : <81.65



Comments
USDJPY yesterday pushed higher only for sellers to come into the market during the start of the European session. We are monitoring possible buying opportunities initially at the 8 period moving average followed by Fibonacci support.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

Daily Technical Analysis for Oil (WTI) as at 20th December 2012

DAILY OVERVIEW
Trend : Short
Ambush Zone : 88.80 – 91.50
Target 1 : 84.00
Target 2 : 77.25
Stop : >93.65



Comments
Oil is now trading within the Fibonacci resistance area. We are monitoring the reaction at these levels. A weak down thrust will put further question marks on our short technical bias.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for EURUSD as at 20th December 2012

DAILY OVERVIEW
Trend : Long
Ambush Zone : 1.3090 – 1.2965
Target 1 : 1.3310
Target 2 : 1.3385
Stop : < 1.2875



Comments
EURUSD yesterday pushed higher only for sellers to come into the market. Yesterday’s negative close has so far continued into the European session. We are monitoring possible buying opportunities initially at the 8 period moving average followed by Fibonacci support.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

[Atlas CapitalFx]

Daily Technical Analysis for Gold as at 20th December 2012

DAILY OVERVIEW
Trend : Short
Ambush Zone : 1690 – 1710
Target 1 : 1660
Target 2 : 1590
Stop : >1725



Comments
New short set up posted. We have identified possible selling opportunities initially at the 8 period moving average and then at Fibonacci resistance.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for USDCHF as at 20th December 2012

DAILY OVERVIEW
Trend : Short
Ambush Zone : 0.9230 – 0.9320
Target 1 : 0.9085
Target 2 : 0.9040
Stop : >0.9380



Comments
USDCHF yesterday pushed lower only for buyers to come into the market. Yesterday’s positive close has so far continued into the European session. We are monitoring possible selling opportunities initially at the 8 period moving average followed by Fibonacci support.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for GBPUSD as at 20th December 2012

DAILY OVERVIEW
Trend : Long
Ambush Zone : 1.6155 – 1.6065
Target 1 : 1.6305
Target 2 : 1.6620
Stop : < 1.6000



Comments
GBPUSD yesterday pushed higher only for sellers to come into the market. Yesterday’s negative close has so far continued into the European session. We are monitoring possible buying opportunities initially at the 8 period moving average followed by Fibonacci support.

Definitions
Trend : Current trend as defined by technical Swing Analysis.
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

[Atlas CapitalFx]

Daily Technical Analysis for USDJPY as at 21st December 2012

DAILY OVERVIEW
Trend : Long
Ambush Zone : 83.15 – 82.35
Target 1 : 84.60
Target 2 : 85.50
Stop : <81.65



Comments
We continue to monitor possible buying opportunities initially at the 8 period moving average followed by Fibonacci support.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for USDCHF as at 21st December 2012

DAILY OVERVIEW
Trend : Short
Ambush Zone : 0.9230 – 0.9320
Target 1 : 0.9085
Target 2 : 0.9040
Stop : >0.9380



Comments
We continue to monitor possible selling opportunities initially at the 8 period moving average followed by Fibonacci resistance.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for Oil (WTI) as at 21st December 2012

DAILY OVERVIEW
Trend : Short
Ambush Zone : 88.80 – 91.50
Target 1 : 84.00
Target 2 : 77.25
Stop : >93.65



Comments
No change from yesterdays positing. Oil is now trading within the Fibonacci resistance area. We are monitoring the reaction at these levels. A weak down thrust will put further question marks on our short technical bias.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

[Atlas CapitalFx]

Daily Technical Analysis for EURUSD as at 21st December 2012

DAILY OVERVIEW
Trend : Long
Ambush Zone : 1.3090 – 1.2965
Target 1 : 1.3310
Target 2 : 1.3385
Stop : < 1.2875



Comments
EURUSD is trading off the highs. We are monitoring the price action and will assess the current market state if there is a retracement initially to the 8 period moving averages and then the Fibonacci support area.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for Gold as at 21st December 2012

DAILY OVERVIEW
Trend : Short
Ambush Zone : 1675 – 1705
Target 1 : 1635
Target 2 : 1590
Stop : >1725



Comments
Gold continues to trade lower. We are monitoring the price action for potential shorting opportunities at the 8 period moving average and Fibonacci resistance.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for GBPUSD as at 21st December 2012

DAILY OVERVIEW
Trend : Long
Ambush Zone : 1.6155 – 1.6065
Target 1 : 1.6305
Target 2 : 1.6620
Stop : < 1.6000



Comments
GBPUSD is trading off the highs. We are monitoring the price action and will assess the current market state if there is a retracement initially to the 8 period moving averages and then the Fibonacci support area.

Definitions
Trend : Current trend as defined by technical Swing Analysis.
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

[Atlas CapitalFx]

Daily Technical Analysis for Oil (WTI) as at 24th December 2012

DAILY OVERVIEW
Trend : Short
Ambush Zone : 88.80 – 91.50
Target 1 : 84.00
Target 2 : 77.25
Stop : >93.65



Comments
Oil is now trading within the Fibonacci resistance area and closed lower on Friday. We are monitoring the reaction at these levels. A weak down thrust will put further question marks on our short technical bias.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for Gold as at 24th December 2012

DAILY OVERVIEW
Trend : Short
Ambush Zone : 1675 – 1705
Target 1 : 1635
Target 2 : 1590
Stop : >1725



Comments
Gold traded off the Friday morning lows to end the session higher. We are monitoring the price action for potential shorting opportunities at the 8 period moving average and Fibonacci resistance.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for GBPUSD as at 24th December 2012

DAILY OVERVIEW
Trend : Long
Ambush Zone : 1.6155 – 1.6065
Target 1 : 1.6305
Target 2 : 1.6620
Stop : < 1.6000



Comments
GBPUSD has traded down to Fibonacci support. We are monitoring the price action for any upside momentum.

Definitions
Trend : Current trend as defined by technical Swing Analysis.
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

[Atlas CapitalFx]

Daily Technical Analysis for EURUSD as at 24th December 2012

DAILY OVERVIEW
Trend : Long
Ambush Zone : 1.3090 – 1.2965
Target 1 : 1.3310
Target 2 : 1.3385
Stop : < 1.2875



Comments
EURUSD is trading off its highs is now bouncing off the 8 period moving average. We continue to monitor the price action for upward momentum.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for USDCHF as at 24th December 2012

DAILY OVERVIEW
Trend : Short
Ambush Zone : 0.9230 – 0.9320
Target 1 : 0.9085
Target 2 : 0.9040

Stop : >0.9380



Comments
We continue to monitor possible selling opportunities initially at the 8 period moving average followed by Fibonacci resistance.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for USDJPY as at 24th December 2012

DAILY OVERVIEW
Trend : Long
Ambush Zone : 83.15 – 82.35
Target 1 : 84.60
Target 2 : 85.50
Stop : <81.65



Comments
We continue to monitor possible buying opportunities initially at the 8 period moving average followed by Fibonacci support.

Definitions
Trend : Current trend as defined by technical Swing Analysis
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend