FXコミュニティのブログ

タグ・フィルター:  Trading Channel
Avatar

AUD/USD gets some relief after inflation report

U.S. dollar gained strongly in the past three trading days. AUD/USD traded to the lowest level this year after unimpressive CPI inflation report. The spike lower was a very short term one though as the pair bounced from the bottom of the three-month channel near 0.7575. Broken support level near 0.7625 should provide some resistance.
全て読む
翻訳する: 英語 オリジナルを表示
もしくはコメントを残す
Avatar

EURo sellers still in control

Since the last ECB meeting, at which Draghi hinted that they may ease further in December, Euro fell more than four cents. Hawkish Fed didn't help the pair either. It is currently holding below the bottom (trendline) of the seven-month trading channel and below 50, 100 and 200 DMA. Rallies have been weak, suggesting that the sellers are firmly in control.
Support:
1.0985 - 1.1000 (00's, Low Of Day, Weekly Pivot Point, H1 50 SMA, Late Friday Low)
1.0950 - 1.0965 (Previous Day Low, Daily Support 1…
全て読む
翻訳する: 英語 オリジナルを表示
もしくはコメントを残す
Avatar

GBPCHF Stuck In Trading Range For Now

GBP/CHF like the most swiss pairs have been going nowhere since SNB step into the market we have been stuck into a big range. We have establish the range between 1.5480 high and 1.3800 low, an 680 pips range. we can been seen that for the most part we have been staying at the lower level of this range comparing it with the times we have visited the high of the range. From figure 1 it can been seen that we have multiple touch of support and only one touch of resistance. This multiple rejection of…
全て読む
翻訳する: 英語 オリジナルを表示
Daytrader21 avatar
Daytrader21 2014年05月07日

Update 2: As expected 1.4870 resistance level capped the market and by they shape of price action structure this can be wave 2 of wave III of C. Usually wave 3 is the longest wave based on Elliot wave and we should see momentum start accelerating after 1.4870 resistance level will be broken and turned in support. 

Daytrader21 avatar
Daytrader21 2014年05月17日

Update 3: We're on our way to hit the my target with only 50 pips to go. You can see how after we broke the 1.4870 the market never looked back. From here on 1.5000 should provide a good support zone amd should limit any downside movement

Daytrader21 avatar
Daytrader21 2014年05月24日

Update 4: We have hit again our target making a double top here. But there is a high change to consolidate here between 1.5080 resistance zone and 1.4980 support zone. This move has already run his curse so she need to take some breath.

Daytrader21 avatar
Daytrader21 2014年05月31日

Update 5: As expected from my previous update we had a reaction from the 1.2080 and we indeed consolidate around 1.5000 big round number. The daily range has also become more tight between 1.5030-1.4990 usually Monday is not a day where we can expect big breakouts and most likely we should stay in this tight congestion zone, for now we're only 20 pips away from my target so anything is possible.

Daytrader21 avatar
Daytrader21 2014年06月02日

Update 6: As expected we have move within some tight congestion zones between 1.5040 resistance zone and 1.5000 big round number and support zone for this pair. My prediction had a deviation of just 6 pips from my target which is quite an accurate prediction. From here on we should see momentum start picking up as long as the 1.5000 support level holds.

もしくはコメントを残す