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Rosli1217

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October 25

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Mitglied seit:	June 18, 2013
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$AUDJPY could reach the next resistance at 94.00

Rosli1217 Posted 5 Sep. as Analysis on AUD/JPY, Target: 94.0000, Date: 1 von November, 12:00 GMT in #Technical analysis #AUD/JPY

AUD/JPY is showing signs of a reversal from its recent downtrend as it made an upside breakout from the neckline of its double bottom pattern on the daily time frame.The pair busted above the 90.50 handle in today’s Asian session as the Australian economy reported a stronger than expected GDP reading for the second quarter of the year. As for Japan, Abe’s proposed sales tax could undermine spending and growth, and might prompt further easing from the BOJ. The pattern is roughly 400 pips in heigh…

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Fundamental Analysis Vs Technical Analysis

Rosli1217 Veröffentlicht 24 Aug.

An important part of any beginner’s learning strategy should be on knowing the difference between fundamental analysis and technical analysis. A lot of investors/traders do a fundamental or technical analysis before putting their money at stake. As the name suggests, fundamental analysis is done to know about the fundamentals of a company – its reputation, balance sheet, income statement, etc. Technical analysis, on the other hand, is concerned with studying the past performance of a security to…

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Fall to re-test 1.2747 support could be

Rosli1217 Posted 24 Aug. as Analysis on EUR/USD, Target: 1.2747, Date: 1 von October, 12:00 GMT in #Technical analysis #EUR/USD

EURUSD broke above 1.3415 resistance, suggesting that the uptrend from 1.2747 has resumed. Further rise could be expected next week, and next target would be at 1.3600 area. Initial support is at the lower line of the price channel on daily chart, as long as the channel support holds, the uptrend will continue. Key support is 1.3200, only break below this level will indicate that the uptrend from 1.2756 is complete, then another fall to re-test 1.2747 support could be seen.

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