Daily Market From ACFX.com

[Atlas CapitalFx]

Daily Technical Analysis for Gold as at 27th December 2012

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



Comments
Gold is trading around the 8 period moving averages. Tight daily ranges during the holiday period would not be unexpected.

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 27th 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 around the 8 period moving averages. Tight daily ranges during the holiday period would not be unexpected.

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 27th 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 is trading around the 8 period moving averages. Tight daily ranges during the holiday period would not be unexpected.

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 GBPUSD as at 27th December 2012

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



Comments
BPUSD is trading within its Fibonacci support area. Tight daily ranges during the holiday period would not be unexpected.

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 27th December 2012

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



Comments
USDJPY gapped and traded higher on Boxing Day and this positive move has continued through to this morning’s European session. The bias is to the long side with the preferred entry points being around the 8 and 34 period moving averages and the then Fibonacci support. However with such strong news based move further upside moment is possible.

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 27th 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 trade higher within its Fibonacci resistance area and experienced a strong Boxing Day rally that has so far continue through to the European session. Technically the bias is to the short side but the current positive price action has been noted.

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 GBPUSD as at 28th 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 within its Fibonacci support area. Tight daily ranges during the holiday period would not be unexpected.

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 28th 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 is trading around the 8 period moving averages. Tight daily ranges during the holiday period would not be unexpected.

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 28th 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 trade higher within its Fibonacci resistance area and experienced a strong Boxing Day rally that has so far continue through to the European session. Technically the bias is to the short side but the current positive price action has been noted.

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 28th 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 around the 8 period moving averages. Tight daily ranges during the holiday period would not be unexpected.

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 28th December 2012

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



Comments
Gold is trading around the 8 period moving averages. Tight daily ranges during the holiday period would not be unexpected.

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 28th December 2012

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



Comments
USDJPY continues to trade higher. The bias is to the long side with the preferred entry points being around the 8 and 34 period moving averages and the then Fibonacci support. However with such strong news based move further upside moment is possible.

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 3rd January 2013

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



Comments
EURUSD traded off its highs into the direction of Fibonacci support. We are monitoring a price rotation for a possible buying opportunity on lower time frames.

Definitions
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for GBPUSD as at 3rd January 2013]

Daily Overview
Trend : Long
Ambush Zone : 1.6225 – 1.6130
Target 1 : 1.6385
Target 2 : 1.6620
Stop : <1.6065




Comments
The upper trend line which is formed by multi month triangle resistance is in sight and very much a target for the bulls. The first initial attempt was made but repulsed. GBPUSD is now trading within a new Fibonacci support area. We are monitoring the price action for a possible rotation back to the long side.

Definitions
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for Gold as at 3rd January 2013

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



Comments
Gold may have stalled within its Fibonacci resistance area. We are monitoring the price action for a possible resumption back to the previous down trend.

Definitions
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 3rd January 2013

Daily Overview
Trend : Long
Ambush Zone : 89.55 – 87.00
Target 1 : 93.80
Target 2 : 100.40
Stop : 85.20



Comments
Oil has now put in a Higher High. Our bias has shifted to the long side. We are monitoring the price action for pull backs which would be used as possible buying opportunites.

Definitions
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for USDCHF as at 3rd January 2013

Daily Overview
Trend : Short
Ambush Zone : 0.9230 – 0.9320
Target 1 : 0.9080
Target 2 : 0.9040
Stop : >0.9380



Comments
USDCHF this morning is trading positively with Fibonacci resistance and the down trend line becoming targets where shorts could possibly be taken.

Definitions
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for USDJPY as at 3rd January 2013

Daily Overview
Trend : Long
Ambush Zone : -
Target 1 : -
Target 2 : -
Stop : -



Comments
As previously posted, USDJPY continues to trade higher. The bias is to the long side with the preferred entry points being around the 8 and 34 period moving averages and the then Fibonacci support. However with such strong news based move further upside moment is possible.

Definitions
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 7th January 2013

Daily Overview
Trend : Long
Ambush Zone : 1.3090 -1.2965
Target 1 : 1.3310
Target 2 : 1.3385
Stop : <1.2875



Comments
EURUSD on Friday bounced in the Fibonacci support area. We are monitoring the possibility of a move in the direction of Target 1 from here.

Definitions
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for GBPUSD as at 7th January 2013

Daily Overview
Trend : Long
Ambush Zone : 1.6105 - 1.5945
Target 1 : 1.6385
Target 2 : 1.6620
Stop : <1.5825



Comments
We have indicated on the latest daily chart for GBPUSD the best fit for a Fibonacci set up that allows for the recent market action. If GBPUSD fails to hold within the Fibonacci support area the next possibility of support is a bounce off the downward trendline.

Definitions
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for USDJPY as at 7th January 2013

Daily Overview
Trend : Long
Ambush Zone : -
Target 1 : -
Target 2 : -
Stop : -



Comments
As previously posted, USDJPY continues to trade higher. The bias is to the long side with the preferred entry points being around the 8 and 34 period moving averages and the then Fibonacci support. However with such strong news based move further upside moment is possible.

Definitions
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

[Atlas CapitalFx]

Daily Technical Analysis for USDCHF as at 7th January 2013

Daily Overview
Trend : Short
Ambush Zone : 0.9230 - 0.9320
Target 1 : 0.9080
Target 2 : 0.9040
Stop : >0.9380



Comments
As previously posted, the down trend line and Fibonacci resistance proved yesterday to be good targets. We are monitoring for price rotation at these levels which would signal a possible resumption of the down trend.

Definitions
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend



Daily Technical Analysis for Oil (WTI) as at 7th January 2013

Daily Overview
Trend : Long
Ambush Zone : 89.55 - 87.00
Target 1 : 93.80
Target 2 : 100.40
Stop : 85.20



Comments
As previously posted, Oil has now put in a Higher High. Our bias has shifted to the long side. We are monitoring the price action for pull backs which would be used as possible buying opportunities.

Definitions
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for Gold as at at 7th January 2013

Daily Overview
Trend : Short
Ambush Zone : 1675 - 1705
Target 1 : 1635
Target 2 : 1590
Stop : >1725



Comments
Gold on Friday breached Target 1 but has since aggressively traded away from that level. Although the bias is still negative we have noted Friday’s bullish close.

Definitions
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 8th January 2013

Daily Overview
Trend : Long
Ambush Zone : 1.3090 - 1.2965
Target 1 : 1.3310
Target 2 : 1.3385
Stop : <1.2875



Comments
EURUSD continues to trade away from the Fibonacci support area. We continue to monitor a possible move to Target 1

Definitions
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for GBPUSD as at 8th January 2013

Daily Overview
Trend : Long
Ambush Zone : 1.6105 - 1.5945
Target 1 : 1.6385
Target 2 : 1.6620
Stop : <1.5825



Comments
GBPUSD yesterday held Fibonacci support. We are monitoring a possible move to Target 1. If GBPUSD breaks down from these levels there is a possibility of a bounce off the downward sloping trend line.

Definitions
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for USDJPY as at 8th January 2013

Daily Overview
Trend : Long
Ambush Zone : -
Target 1 : -
Target 2 : -
Stop : -



Comments
USDJPY this morning is reversing from its highs. If today’s candle closes beneath the low of the most recent isolated high then we would monitor the possibility of a move to support. The bias is to the long side with the preferred entry points being around the 8 and 34 period moving averages and the then Fibonacci support. However with such strong news based move further upside momentum is possible

Definitions
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend

[Atlas CapitalFx]

Daily Technical Analysis for USDCHF as at 8th January 2013

Daily Overview
Trend : Short
Ambush Zone : 0.9230 - 0.9320
Target 1 : 0.9080
Target 2 : 0.9040
Stop : >0.9380



Comments
The down trend line and Fibonacci resistance continues to provide good resistance. We are monitoring for price rotation at these levels which would signal a possible resumption of the down trend.

Definitions
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for Oil (WTI) as at 8th January 2013

Daily Overview
Trend : Long
Ambush Zone : 89.55 - 87.00
Target 1 : 93.80
Target 2 : 100.40
Stop : <85.20



Comments
Our bias on Oil is long but with a preference to enter the market at Fibonacci support. However Oil has continued to trade at its highs which may possibly indicate further upside momentum.

Definitions
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend


Daily Technical Analysis for Gold as at at 8th January 2013

Daily Overview
Trend : Short
Ambush Zone : 1660 - 1680
Target 1 : 1625
Target 2 : 1590
Stop : >1695



Comments
We have indicated a possible new Fibonacci short set up. However the aggressive rejection of the last down move has been noted. We suggest further confirmation is required before entering the market.

Definitions
HH : Higher High
HL : Higher Low
LL : Lower Low
LH : Lower High
CofT : Change of Trend