Thursday, May 21, 2015

Support & Resistance for AUD/USD (SIGNAL)

For today

R4 - 0.8135 / R3 - 0.8089 / R2 - 0.8052 / R1 - 0.8010
SPOT 0.7897
S1 - 0.7858 / S2 - 0.7843 / S3 - 0.7788 / S4 - 0.7774   

LONG AT 0.7900 FOR 0.8160, STOP AT 0.7850



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Thursday, May 14, 2015

Support & Resistance for NZD/USD (SIGNAL)

For today

R4 - 0.7684 / R3 - 0.7644 / R2 - 0.7629 / R1 - 0.7578
SPOT 0.7526
S1 - 0.7506 / S2 - 0.7460 / S3 - 0.7422 / S4 - 0.7402   

BUY AT 0.7490 FOR 0.7640; STOP AT 0.7460

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Tuesday, May 12, 2015

Support & Resistance for AUD/USD (SIGNAL)

For today

R4 - 0.8136 / R3 - 0.8076 / R2 - 0.8031 / R1 - 0.7972
SPOT 0.7896
S1 - 0.7850 / S2 - 0.7788 / S3 - 0.7764 / S4 - 0.7706   

LONG AT 0.7950 FOR 0.8185; STOP AT 0.7850

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Monday, May 11, 2015

MONDAY, May 11 The Week Ahead - May 11 2015

FXStreet ::: ECONOMIC CALENDAR 

MONDAY, MAY 11
The Market is expecting BoE interest rate decision to stay at 0.5% & currently GBPUSD is at 1.54 & might continue climbing with steady steps up toward 1.58... As much 1.50 imp support hold GBPUSD is strongly bullish. 
TUESDAY, MAY 12
As much 1.50 imp support hold GBPUSD is strongly bullish. 
WEDNESDAY, MAY 13
EURUSD is currently at 1.11 & if GDP number came in green EURUSD price might continue pushing up & next resistance level for EURUSD might be 1.14 
As much 1.50 imp support hold GBPUSD is strongly bullish. 
Green numbers from US might make the market correct, where if we got red numbers then the US Dollar might give strength to other majors & it's when we might see clearly on our chart the trend switch direction increasing as bullish on EURUSD & GBPUSD charts. 
FRIDAY, MAY 15
Currently USDJPY is holding next to 120.00 level & during this speech we might hear justifications for USDJPY to start its new jump up toward 125.00 resistance level. 
Happy Trading, 
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Monday, May 4, 2015

Support & Resistance for EUR/USD (SIGNAL)

For today

R4 - 1.1389 / R3 - 1.1336 / R2 - 1.1290 / R1 - 1.1225
SPOT 1.1187
S1 - 1.1157 / S2 - 1.1116 / S3 - 1.1072 / S4 - 1.1048   

LONG AT 1.1150 FOR 1.1380; STOP AT 1.1040

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Sunday, May 3, 2015

The Week Ahead - Monday May 04 2015

FXStreet ::: ECONOMIC CALENDAR 

TUESDAY, MAY 05
AUDUSD last week managed to reach the important level 0.8050, which showed us that the buyers are starting to switch sentiment from bearish to bullish. The market is expecting a decrease for RBA interest rate decision from 2.25% to 2.00% in case that happened we might see a wave of 150 or 200 pips on AUDUSD chart. 
The market is expecting a decrease on this survey release from 56.5 to 56.2, & in case that happen the US Dollar might become weak during the hours which will follow this news release. 
WEDNESDAY, MAY 06
The market is expecting a decrease from 1.2% to 0.8% & in case that happened NZDUSD might fall & currently its on 0.7538 level & this news event might let it fall 100 pips. 
THURSDAY, MAY 07
GBPUSD did fall last week from 1.54 to 1.51, & during the first 3 days of that week before the election day GBPUSD might get strength & push up on an attempt to retest 1.54 resistance level. 
The market is expecting an increase in unemployment number & in case that happened AUDUSD might fall during this news event. 
FRIDAY, MAY 08
The market is expecting an increase from 126K to 231K & in case that happened might be good for the US Dollar & majors might fall on that day versus the strength of the US Dollar. 
USDCAD did correct from 1.27 to 1.21 during the last 4 months & it have space to jump up in case the US Dollar gain strength from a green NFP number & if Unemployment Rate number from Canada came in red, the last number was 6.8%. 
Happy Trading, 
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