Thursday, April 30, 2015

Support & Resistance for EUR/USD (SIGNAL)

For today

R4 - 1.1245 / R3 - 1.1218 / R2 - 1.1188 / R1 - 1.1135
SPOT 1.1111
S1 - 1.1076 / S2 - 1.1014 / S3 - 1.0986 / S4 - 1.0959   

BUY AT 1.1040 FOR 1.1245; STOP AT 1.0950

Monday, April 27, 2015

Support & Resistance for NZD/USD (SIGNAL)

For today

R4 - 0.7740 / R3 - 0.7687 / R2 - 0.7670 / R1 - 0.7635
SPOT 0.7606
S1 - 0.7537 / S2 - 0.7487 / S3 - 0.7422 / S4 - 0.7392   

SHORT AT 0.7650 FOR 0.7425; STOP AT 0.7670

Sunday, April 26, 2015

The Week Ahead - April 27 2015

FXStreet ::: ECONOMICCALENDAR 

TUESDAY, APR 28
AUDUSD starting the week at 0.78 & RBA Gov Glenn speech, might give strength for AUDUSD & it might continue pushing up toward reaching the important level 0.805 
WEDNESDAY, APR 29
The Market is expecting the Fed interest rate decision to stay the same at 0.25%, & during the last 2 weeks the US Dollar been decreasing its strength letting the market correct after a long wait, & during this event, prices might continue to correct up against the US Dollar.  
THURSDAY, APR 30
The market is expecting the interest rate decision to stay the same at 3.5% & currently NZDUSD is at 0.75 looking toward retesting 0.78 resistance level.
Currently USDJPY is at 118.9 & this event might be its opportunity to revive the bullish momentum & again to start pushing toward 120.00 resistance level. 
The market is expecting green numbers & in case that happen EURUSD might push above 1.1 resistance level & currently EURUSD is at 1.08 level. 
Happy Trading, 

Thursday, April 23, 2015

Support & Resistance for NZD/USD (SIGNAL)

For today

R4 - 0.7740 / R3 - 0.7687 / R2 - 0.7670 / R1 - 0.7635
SPOT 0.7582
S1 - 0.7553 / S2 - 0.7487 / S3 - 0.7422 / S4 - 0.7392   

SHORT AT 0.7600 FOR 0.7425; STOP AT 0.7670


Wednesday, April 22, 2015

Support & Resistance for EUR/USD (SIGNAL)

For today

R4 - 1.0888 / R3 - 1.0849 / R2 - 1.0782 / R1 - 1.0742
SPOT 1.0728
S1 - 1.0684 / S2 - 1.0659 / S3 - 1.0624 / S4 - 1.0571   

LONG AT 1.0720 FOR 1.0880; STOP AT 1.0660

Monday, April 20, 2015

MONDAY, APR 20 The Week Ahead - April 20 2015

FXStreet ::: Economic Calendar


MONDAY, APR 20
The Market is expecting a stable number as previous & on daily chart NZDUSD passed last Friday resis level 0.7695 & in case we got a green number for CPI we might see the price jumping above that resis level & hold above it. 
In a time when USDCAD is building resis levels from top & each one is under the previous one, the last strong resis on daily chart is at 1.2668 level... BoC Gov speech might give the push needed for USDCAD to correct more. 
AUDUSD on daily chart built a strong support at 0.7530 & currently the price is at 0.7770 & the RBA Gov speech might give us hints if AUDUSD might continue the correction up or if the general RBA sentiment still more weakness for AUD during the next months. 
TUESDAY, APR 21
Also this event from RBA might give us hints what next on AUDUSD chart for the next months. 
WEDNESDAY, APR 22
The Market is expecting a red number for CPI & in case that happened we might see AUDUSD retesting imp support levels. 
The Market is expecting that all the votes will be to hold rates, same as the previous vote & the last vote was in Mar 18 2015 & currently GBPUSD is trying to hold above 1.50 psycho level & in case it manage to hold above that level for a long time it might attract more buyers & in case it fail to hold & dive toward 1.49 again, then it might attract more sellers.  
FRIDAY, APR 24
EURUSD is currently correcting after building a strong support at 1.04 & price is at 1.08... EURUSD did tested the res level of 1.11 till now 2 times & in case it manage to reach it again & to hold above it... then we might see a serious correction which will attract more buyers. 
The Market is expecting a green number & in case that happened during the last day of this week, the US Dollar might push all majors down & let them retest imp support levels. 
Happy Trading, 

Visit Forex Social Network at: http://www.forexstreet.net/?xg_source=msg_mes_network

Support & Resistance for GBP/USD (SIGNAL)

For today

R4 - 1.5177
R3 - 1.5155
R2 - 1.5081
R1 - 1.5061
SPOT 1.4967
S1 - 1.4917
S2 - 1.4885
S3 - 1.4850
S4 - 1.4813  

BUY AT 1.4930 FOR 1.5155; STOP AT 1.4850

How to trade support & resistance levels

Sunday, April 19, 2015

new strategy, new signal

I'm using only manual trading. The basis of my trading strategy is weakly chart. I not use indicators.
Requirements:
  • Leverage - 1:500 
  • Minimum Order Quantity - 0,01 lot
  • Minimum Order Quantity step - 0,01 lot 
  • Account currency is desirable - EUR 
  • Recommended account with a fixed or zero spread
  • The maximum number open positions - 1
  • Planned income to 10-30 % per month.

Wednesday, April 15, 2015

Support & Resistance for EUR/USD (SIGNAL)

For today

R4 - 1.0788 / R3 - 1.0729 / R2 - 1.0708 / R1 - 1.0673
SPOT 1.0627
S1 - 1.0611 / S2 - 1.0575 / S3 - 1.0555 / S4 - 1.0532   

BUY AT 1.0605 FOR 1.0780 OBJECTIVE, STOP 1.0550


Monday, April 13, 2015

The Week Ahead - April 13 2015

FXStreet ::: Economic Calendar


TUESDAY, APR 14
The market is expecting a green number & In case that happen the US Dollar might get strength on that day & majors versus the US Dollar might retest imp levels. 
WEDNESDAY, APR 15
The market is expecting a decrease in China GDP & in case that happen it might be translated as more weakness for the Australian currency.  
The market is expecting the ECB to keep interest rate at 0.05% & during this event we might see some price actions on EURUSD chart. 
The market is expecting the BoC to keep interest rate at 0.75% & during this event we might see some price actions on USDCAD chart. 
THURSDAY, APR 16
The market is expecting a red number for Employment change from Australia & in case that happen might be translated more weakness for the Australian currency. 
FRIDAY, APR 17
The market is expecting a stable number for US CPI & in case that happened we might see on charts weakness for the US Dollar. 
The market is expecting a red number for the Canadian CPI & in case that happen USDCAD might fly up testing imp resistance levels. 
Happy Trading, 

Wednesday, April 8, 2015

Support & Resistance for NZD/USD (SIGNAL)

For today

R4 - 0.7664 / R3 - 0.7630 / R2 - 0.7585 / R1 - 0.7565
SPOT 0.7518
S1 - 0.7479 / S2 - 0.7440 / S3 - 0.7392 / S4 - 0.7373   

BUY AT 0.7485 FOR 0.7630; STOP AT 0.7440

Tuesday, April 7, 2015

Support & Resistance for EUR/USD (SIGNAL)

For today

R4 - 1.1115 / R3 - 1.1052 / R2 - 1.0997 / R1 - 1.0965
SPOT 1.0935
S1 - 1.0906 / S2 - 1.0864 / S3 - 1.0836 / S4 - 1.0795   

LONG AT 1.0850 FOR 1.1115; STOP AT 1.0790


Sunday, April 5, 2015

The Week Ahead - April 6 2015

FXStreet ::: Economic Calendar

TUESDAY, APR 07
The US Dollar got weakened last Friday & RBA hold the power this week to switch the direction of AUDUSD from bearish to bullish if there is a will to give strength for AUD. RBA interest rate decision is an event which can give the wave needed for AUDUSD to get close to 0.805 resistance important level. In case RBA want to keep the AUDUSD bearish then the market might dive and retest supports during this event. 
The purchasing managers index from Europe will reflect how the economy is adjusting with a weak Euro, in case the number came in green then EURUSD might keep on advancing up profiting from a weak US Dollar. 
WEDNESDAY, APR 08
Last Friday USDJPY went to 118 again after the US Dollar got weak, & BOJ have the power this week to revive the big plan of weakening the JPY for export reasons & we might see during this event USDJPY retesting 120.00 resistance. In case USDJPY started a long term correction we might see during this event USDJPY price moving side way resisting the bearish momentum. 
USD ::: FOMC Minutes
US Dollar started last Friday the bearish journey to revive export for US companies, & during this event we might get some hints regarding the correction of the US Dollar if it might happen very fast or it might be delayed again another month. On EURUSD chart we can notice that EURUSD is showing serious signs of a correction up as a reaction for the US Dollar weakness.  
THURSDAY, APR 09
GBPUSD reached last Friday 1.49 & might keep on advancing during this week up & on BoE interest rate decision GBPUSD might get the push needed to strongly hold above psycho level 1.50 . On the other hand if the BoE want to push GBPUSD more down for export reasons we might see GBPUSD retesting supports during this news event.  
FRIDAY, APR 10
USDCAD is currently correcting from last resistance level 1.28 & right now at 1.24 & if news came in green from Canada it's expected that USDCAD might continue the correcting momentum by going more down. On the other hand in case the news came in red then USDCAD might retest resistance levels. 
GDP news release if came in green might give GBPUSD the energy needed to start a long term bullish wave. On the other hand if the number came in red then GBPUSD might dive and retest supports. 
Happy Trading, 

Visit Forex Social Network at: http://www.forexstreet.net/?xg_source=msg_mes_network