Technical Analysis.

[oracle]

Technical Analysis
EUR/USD
July 12, 2011.



Pivot Point: 1.4081

Overview:

The EUR/USD's subsequent sharp fall suggests that decline from 1.4227 and it could break Support at 1.4100. Therefore it was turned to Resistance, and the price has still trapped between 61.8% Fibonacci Retracement levels and 50%. Moreover, should be noted that on daily chart the RSI is still going down, hence it is a good sign to sell below 1.4100 with a first target of 1.4040 and continue towards 1.3950. On other hand, if it is approaching from the RSI/70 then it will be saturation around 1.3907 to rebound the price.

Technical Levels:

R3: 1.4416
R2: 1.4322
R1: 1.4175
PP: 1.4081
S1: 1.3934
S2: 1.3840
S3: 1.3693

[oracle]

Technical Analysis and Trading Recommendations.
EUR/USD.
JUly 11, 2011.



Pivot Point: 1.4281


Outlook:

Last week, the EUR/USD has downside movement from 1.4581 to 1.4212, and today the market has opened at 1.4205.

1st: Uptrend represents the triple bottom of the channel emerging.
2nd: The RSI has still positive on the weekly frame, hence it calls for a new upleg.
3rd: A strong Support at 23.6% Fibonacci Retracement level.

Therefor, the price movement will be trapped between 1.4140 and 1.4417 (Fibonacci Retracement levels). Moreover With 1.4140 a major Support, there, the market will indicates a Bullish opportunity on level of 1.4200/1.4140, with a first target at Pivot Point (1.4281), then if break 1.4300 will be a breakout above this level with a second target at 1.4400. However, the best location for placing a stop loss should be below 1.4100.


Technical Levels:

[oracle]

Technical Analysis and Trading Recommendations
GBP/USD
July 8, 2011.



Psychological Level at 1.5930

The GBP/USD's subsequent sharp fall suggests that decline from 1.6448 and had resumed to 1.5957 yesterday. And it is now approaching from the psychological level of 1.5930, moreover, it is also between the 50% Fibonacci Retracement and 38.2% (daily chart). If the trend will break this level and closure below it, then it will be a downside momentum is rather convincing and the structure of the fall looks is not corrective, therefor the market will indicate a Bearish opportunity below 1.5930 then the Support will be become a Resistance, hence it will a good sign to Sell below 1.5930. Meanwhile, if the pair can't break this level, it will probably recovery and choppy rise from this level extended further next days, for that it will be a good sign to buy above 1.5960.

Recommendations:

According to previous events the price still flapping between 1.6000 and 1.5950.

1. Below 1.5930 look for further downside with 1.5850 and 1.5800 targets.
2. Buy positions above 1.5960 with target 1.6015 then 1.6085.

[oracle]

Technical Analysis
GBP/USD
July 7, 2011.





Psychological Level at 1.5930

Overview:

The GBP/USD's subsequent sharp fall suggests that decline from 1.6448 and had resumed to 1.5957 yesterday. And it is now approaching from the psychological level of 1.5930, moreover, it is also between the 50% Fibonacci Retracement and 38.2% (daily chart). If the trend will break this level and closure below it, then it will be a downside momentum is rather convincing and the structure of the fall looks is not corrective, therefor the market will indicate a Bearish opportunity below 1.5930 then the Support will be become a Resistance, hence it will a good sign to Sell below 1.5930. Meanwhile, if the pair can't break this level, it will probably recovery and choppy rise from this level extended further next days, for that it will be a good sign to buy above 1.5960.

[oracle]

July 5, 2011.

Strategy # BR/S #

Currencies Pairs: All
Frame: H1 and/or H4


All traders have to know two important points in trading:

1. Buyers are BIDding at a lower price.
2. Sellers are ASking for a high price.

Through those points is evident that profit is buying cheap and Selling at a high price, thus it should care too much about the entry of the peaks and/or bottoms.


1st Case: #BUY#

Look at the graphic time frame H1 and determine the last three Supports since a week.

Support1
Support2
Support3

The best accurate breakout level for BUYing trade at: (Support1 + Support2 + Support3)/3 + 0.0020

If the trend is strong to breakout 20pips the level that already found, it does mean: it'll continue and it's a good breakout trade and not a fake one.

Taking Profit:
We have to place Take Profit at 25pips below the top Resistance3.

Stop Loss:
The best location for placing Stop Loss is: 20pips below the last swing low.

Note: Take Profit = 5/3 * Stop Loss


Example:

If the Stop Loss is 75pips, then:

Take Profit = 5/3 * Stop Loss
Take Profit = 5/3 * 75pips
Take Profit = 125pips

Confirmation:

We Drag the Fibonacci from the Resistance3 to Support3, if our level is around 38.2% Fibonacci Retracement, it is a good convincing proof to BUY.

2nd Case: #SELL#

Look at the graphic time frame H1 and determine the last three Resistances since a week.

Resistance1
Resistance2
Resistance3

The best accurate breakout level for SELLing trade at: (Resistance1 + Resistance2 + Resistance3)/3 - 0.0020


Taking Profit:
We have to place Take Profit at 25pips above the top Support3.

Stop Loss:
The best location for placing Stop Loss is: 20pips above the last swing high.

Note: Take Profit = 5/3 * Stop Loss


Example:

If Take profit is 195pips, then:

Take Profit = 5/3 * Stop Loss

Stop Loss = (3 * Take Profit) / 5
Stop Loss = (3 * 195pips) / 5
Stop Loss = 117pips

Confirmation:

We Drag the Fibonacci from the Resistance3 to Support3, if our level is around 78.6% Fibonacci Retracement, it is a good convincing proof to SELL.

[oracle]

Technical Analysis and Trading Recommendations
GBP/USD
July 6, 2011.


Yesterday Historic (July 5, 2011 - Note: we use historic prices to determine future prices)

Open 1.6089
High 1.6127
Low 1.5990
Close 1.6062


We have found:


Pivot Point: 1.6060

OCTO = [High / (High + Low)] * 100
OCTO = 50.2133

Volatility = Average * Rang
Test the Volatility, if use 1lot with leverage of 1:200.
Then the Volatility is 220.0015 that does mean the trend's movement is enough strong, moreover the trend is still above the 50% Fibonacci Retracement is .

Look at the chart:
50% Fibonacci Retracement = 1.6014




Recommendations:

1. Buy positions above 1.6040 with a target of 1.6120, then if a break the peak point at 1.6140 it might resuming to 1.6210.
2. Closure below 1.6000 would invalidate this outlook..

Technical Levels:

R3: 1.6266
R2: 1.6197
R1: 1.6129
PP: 1.6060
S1: 1.5992
S2: 1.5923
S3: 1.5855




Short Overview:

The GBP/USD has rebounded from a minor Support at 1.6047, and it is now approaching its Support, it will probably start upside movement at this area and recovery again. Therefore it will a good sign to Buy at this spot with a first target of 1.6120, and continue towards 1.6200. On other hand if a break in 1.6000 will be a good location for placing stop loss below 1.5992 (Support 1).

[oracle]

July 5, 2011.

Strategy # BR/S #

Currencies Pairs: All
Frame: H1 and/or H4


All traders have to know two important points in trading:

1. Buyers are BIDding at a lower price.
2. Sellers are ASking for a high price.

Through those points is evident that profit is buying cheap and Selling at a high price, thus it should care too much about the entry of the peaks and/or bottoms.


1st Case: #BUY#

Look at the graphic time frame H1 and determine the last three Supports since a week.

Support1
Support2
Support3

The best accurate breakout level for BUYing trade at: (Support1 + Support2 + Support3)/3 + 0.0020

If the trend is strong to breakout 20pips the level that already found, it does mean: it'll continue and it's a good breakout trade and not a fake one.

Taking Profit:
We have to place Take Profit at 25pips below the top Resistance3.

Stop Loss:
The best location for placing Stop Loss is: 20pips below the last swing low.

Note: Take Profit = 5/3 * Stop Loss


Example:

If the Stop Loss is 75pips, then:

Take Profit = 5/3 * Stop Loss
Take Profit = 5/3 * 75pips
Take Profit = 125pips

Confirmation:

We Drag the Fibonacci from the Resistance3 to Support3, if our level is around 38.2% Fibonacci Retracement, it is a good convincing proof to BUY.

[oracle]

Technical Analysis and Trading Recommendations
NZD/USD
July 4, 2011.

Pivot Point: 0.8277

Daily:



Overview:

The NZD/USD has continued straight from 0.8200, hence the Kiwi is shown signs of strenght following the break of the highest level of 0.8213 and open today above the pivot point (0.8277), thus it will be a good sign to buy above the level of 0.8213 with a first target of 0.8333 and futher to 0.8380. However, in case of reversal takes place and the NZD/USD breaks through the Support level of 0.8200 then the market will lead to futher decline to 0.8125, in order to indicating the correction movement. Moreover should note a point of view that the EMA25 (Red) have to cross over the EAM50 (Green), it would be more of a confirmation for downtrend.

[oracle]

Technical Analysis.
EUR/USD
June 30, 2011.

Pivot Point: 1.4402

H4:


EUR/USD: The market continues to show signs of strength following the break above 1.4415 Resistance and close at 1.4433.
Therefore it will be turned to a minor Support. In such case, stronger rise should be seen towards 1.4535 Resistance for confirmation.
Moreover the trend is still above 50% Fibonacci retracement level, thus it will be a good sign to buy above 1.4400 and sell below 1.4360.


Daily:

(1.4100 has called as a major Support, in June 27, 2011.)

The EUR/USD's choppy rise from 1.4100 extended further last April 2011. Nevertheless, downside momentum is rather convincing and the structure of fall looks to test 1.4141, after reach the trend around 1.4500/1.4550.


Technical Levels:

R3: 1.4598
R2: 1.4522
R1: 1.4478
PP: 1.4402
S1: 1.4358
S2: 1.4282
S3: 1.4238

[oracle]

Technical Analysis and Trading Recommendations
EUR/GBP
June 29, 2011.

Expertise: Technical Analysis
Average Time Frame of Trades: 1 days to 3 days.



Pivot Point: 0.8965

The EUR/GBP has rebounded from a strong Resistence at 0.9020 (in May 5, 2011 at 08:00 GMT+2), it is now approaching its resistance around the spot between 0.8990 and 0.9040, it will probably start downside movement at this area and recovery again. Moreover the RSI calls for a new whole decline. Therefore it should ask for a high price to sell at this spot with a first target of 0.8940 and continue towards 0.8875 On other hand if a break in 0.9125 will be a good location for placing stop loss


Recommendations:

Short Selling at 0.9000 / 0.9040
Take Profit at 0.8880
Stop Loss at 0.9115

Technical Levels:

R3 0.9063
R2 0.9024
R1 0.9004
PP 0.8965
S1 0.8945
S2 0.8906
S3 0.8886