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Daily Analysis FX
- Thread starter nico3725
- Start date
nico,
Good commentary. Keep it coming.
Good commentary. Keep it coming.
Congratulations Nico3725 !!
Good info. This info has not been seen on any of the Frx sites mentionned in this thread !!! ( I mean about the Pimco comment)
Not even on Bloomberg !!
Would be interesting to know on what website you got it. It shows that this website is very much on the subject !!
Good info. This info has not been seen on any of the Frx sites mentionned in this thread !!! ( I mean about the Pimco comment)
Not even on Bloomberg !!
Would be interesting to know on what website you got it. It shows that this website is very much on the subject !!
How about www.pimco.com for a guess.
Not even.
Moreover we are not supposed to go on this site to follow FRX !!!
EUR/USD
1.0501. EUR turned down from 1.0540, but held above support
near 1.0460 in overnight trading. It can still try a move
higher to 1.0560/70 as long as 1.0435 contains the downside.
Minor resistance is at 1.0515.
USD/CHF
1.3846. No change in view. Dollar should resume its downtrend
towards 1.3790/00 as resistance at 1.3970/85 contains its
advances.
USD/JPY
119.94. Dollar found support at 118.70 itself & broke
resistance at 119.80 also. In the short term, Dollars
advances may be repulsed near 120.40/50 area for a drop to
119.60/55. Minor resistance is at 120.15/20.
GBP/USD
1.6051.Cable may be trading in a triangle with downside
support near 1.5965/55. While it holds, Cable will retain its
chances for a probe higher near 1.6195/1.6215.
Other Comments
EUR/CHF: 1.4586.EUR broke the resistance at 1.4580 which will
add a bit of strength to EUR for a try at 1.4610/25.
EUR/JPY: 125.79. EUR has turned positive after the break of
125.65/70. It can aim for 126.25/35 while 125.40/35 lends
support.
EUR/GBP: 0.6536.Short term uptick to 0.6555/65 is possible
while 0.6520/15 supports.
AUD/USD: 0.5756. Down correction may continue for a while
between 0.5790 & 0.5735.
USD/CAD: 1.5523. Drop to 1.5460/50 is anticipated. Resistances
are at 1.5555 & 1.5570.
1.0501. EUR turned down from 1.0540, but held above support
near 1.0460 in overnight trading. It can still try a move
higher to 1.0560/70 as long as 1.0435 contains the downside.
Minor resistance is at 1.0515.
USD/CHF
1.3846. No change in view. Dollar should resume its downtrend
towards 1.3790/00 as resistance at 1.3970/85 contains its
advances.
USD/JPY
119.94. Dollar found support at 118.70 itself & broke
resistance at 119.80 also. In the short term, Dollars
advances may be repulsed near 120.40/50 area for a drop to
119.60/55. Minor resistance is at 120.15/20.
GBP/USD
1.6051.Cable may be trading in a triangle with downside
support near 1.5965/55. While it holds, Cable will retain its
chances for a probe higher near 1.6195/1.6215.
Other Comments
EUR/CHF: 1.4586.EUR broke the resistance at 1.4580 which will
add a bit of strength to EUR for a try at 1.4610/25.
EUR/JPY: 125.79. EUR has turned positive after the break of
125.65/70. It can aim for 126.25/35 while 125.40/35 lends
support.
EUR/GBP: 0.6536.Short term uptick to 0.6555/65 is possible
while 0.6520/15 supports.
AUD/USD: 0.5756. Down correction may continue for a while
between 0.5790 & 0.5735.
USD/CAD: 1.5523. Drop to 1.5460/50 is anticipated. Resistances
are at 1.5555 & 1.5570.
EUR/USD 1.0564. EUR managed to break minor resistance at 1.0515 without any difficulty. Short term pictures continue to be positive for a test higher to 1.0620/30.Supports are at 1.0540 & 1.0525.
USD/CHF 1.3820. Dollar tested our target near 1.3790 comfortably. The weakness should continue towards 1.3730/15 in the short term. Resistance is at 1.3845/50.
USD/JPY 119.15. Dollarâs upside failed near minor resistance at 120.15 indicated on Friday & fell to levels far lower than expected. Minor support is near 118.70/65, break of which will turn the picture bearish for 118.25 initially & 117.70/30 later.
GBP/USD 1.6072. No change in view. Cable may be trading in a triangle with downside support near 1.5965/55. While it holds, Cable will retain its chances for a probe higher near 1.6195/1.6215.
EUR/CHF: 1.4591.EUR tested our target near 1.4615 & should now consolidate for a while between 1.4570 & 1.4625.
EUR/JPY: 125.92. No change in view. EUR has turned positive after the break of 125.65/70. It can aim for 126.65/75 while 125.40/35 lends support.
EUR/GBP: 0.6570. Short term uptick to 0.6595/0.6605 is possible while 0.6545/40 supports.
AUD/USD: 0.5833. AUD should move higher to 0.5875/95. Supports are at 0.5805 & 0.5785
USD/CAD: 1.5426. The anticipated drop materialized. USD may try 1.5380/75 in short term after which an up correction of 80 to 100 points is expected
http://www.rtfx.com/e/fxnews/daily_market_e.html
USD/CHF 1.3820. Dollar tested our target near 1.3790 comfortably. The weakness should continue towards 1.3730/15 in the short term. Resistance is at 1.3845/50.
USD/JPY 119.15. Dollarâs upside failed near minor resistance at 120.15 indicated on Friday & fell to levels far lower than expected. Minor support is near 118.70/65, break of which will turn the picture bearish for 118.25 initially & 117.70/30 later.
GBP/USD 1.6072. No change in view. Cable may be trading in a triangle with downside support near 1.5965/55. While it holds, Cable will retain its chances for a probe higher near 1.6195/1.6215.
EUR/CHF: 1.4591.EUR tested our target near 1.4615 & should now consolidate for a while between 1.4570 & 1.4625.
EUR/JPY: 125.92. No change in view. EUR has turned positive after the break of 125.65/70. It can aim for 126.65/75 while 125.40/35 lends support.
EUR/GBP: 0.6570. Short term uptick to 0.6595/0.6605 is possible while 0.6545/40 supports.
AUD/USD: 0.5833. AUD should move higher to 0.5875/95. Supports are at 0.5805 & 0.5785
USD/CAD: 1.5426. The anticipated drop materialized. USD may try 1.5380/75 in short term after which an up correction of 80 to 100 points is expected
http://www.rtfx.com/e/fxnews/daily_market_e.html
EUR/USD.. 1.0554. Basically no change in view. Short term pictures continue to be positive for a test higher to 1.0600/30.Supports are at 1.0520 & 1.0500. From levels above 1.0600, chances are there for a decent retracement down to 1.0450 or 1.0360. But need to wait for confirmation of this down move.
USD/CHF 1.3843. Dollar is expected to drift lower towards 1.3775 or 1.3730/15 in the short term. Resistance is at 1.3885/95.
USD/JPY 118.75. No change in view. Dollar is trading near minor support near 118.70/65, break of which will turn the picture bearish for 118.25 initially & 117.70/30 later.
GBP/USD 1.6029. No change in view. Cable may be trading in a triangle with downside support near 1.5965/55. While it holds, Cable will retain its chances for a probe higher near 1.6195/1.6215.
Other Comments
EUR/CHF: 1.4612.Divergence in MACD is noticed in hourly charts. EUR may fall to 1.4575/55. Resistance is at 1.4625/40.
EUR/JPY: 125.34. EUR is so far unable to capitalize on its recent strength. Short term pictures hint at drop to 124.95 or 124.65.Resistance is at 125.55/60.
EUR/GBP: 0.6578. No change in view. Short term uptick to 0.6595/6605 is possible while 0.6545/40 supports.
AUD/USD: 0.5862. AUD should move higher to 0.5890/95. Supports are at 0.5845 & 0.5830.
USD/CAD: 1.5426. Dollar tested close to our target yesterday. It can rise to 1.5445/55 initially & ideally to 1.5505/15 later
http://www.realtimeforex.com/e/fxnews/daily_market_e.html
USD/CHF 1.3843. Dollar is expected to drift lower towards 1.3775 or 1.3730/15 in the short term. Resistance is at 1.3885/95.
USD/JPY 118.75. No change in view. Dollar is trading near minor support near 118.70/65, break of which will turn the picture bearish for 118.25 initially & 117.70/30 later.
GBP/USD 1.6029. No change in view. Cable may be trading in a triangle with downside support near 1.5965/55. While it holds, Cable will retain its chances for a probe higher near 1.6195/1.6215.
Other Comments
EUR/CHF: 1.4612.Divergence in MACD is noticed in hourly charts. EUR may fall to 1.4575/55. Resistance is at 1.4625/40.
EUR/JPY: 125.34. EUR is so far unable to capitalize on its recent strength. Short term pictures hint at drop to 124.95 or 124.65.Resistance is at 125.55/60.
EUR/GBP: 0.6578. No change in view. Short term uptick to 0.6595/6605 is possible while 0.6545/40 supports.
AUD/USD: 0.5862. AUD should move higher to 0.5890/95. Supports are at 0.5845 & 0.5830.
USD/CAD: 1.5426. Dollar tested close to our target yesterday. It can rise to 1.5445/55 initially & ideally to 1.5505/15 later
http://www.realtimeforex.com/e/fxnews/daily_market_e.html