Forex Magnum


FX Thoughts for the Day

Autore: Written by

R: 1.0800 / 1.0850 / 1.0870

Dollar-Swiss fell to a low of 1.0757 in the European session today. It may still go down towards 1.0750-40 in the US session today which may hold followed by a rise towards 1.0850-900 in the coming sessions next week. Though, a strong break below 1.0740 may see the pair fall further towards 1.0700, we will still be bullish on the pair and will look to buy rather than sell at those levels

Holding Long:

USD 10K Long at 1.0785, SL 1.0720, TP Open

R: 1.5350 / 1.5380 / 1.5425

Cable touched a high of 1.5391 in the Asian session today and has come down from there. The pair may dip towards 1.5275 in the US session today, a break below which may bring it towards 1.5200 in the coming sessions on monday. The pair is ranged between 1.5200-500 and we may want to buy/sell at the lower/upper end of the range rather than taking a position in the middle of the range.

R: 0.9350 / 0.9405 / 0.9500

Aussie has been trading in the range of 0.9290-320 in the Asian and the European session today. We may see the pair rise towards the Resistance at 0.9350 in the US session today, a strong break above that looks unlikely.

Today is the last day of the week/month. The pair has been honouring a trendline Support on the weekly charts (0.9159) and is expected to honour it next week also. However, the Trendline Resistance on the Monthly charts (0.9266) may be broken.

We may see a rise towards 0.9350-400 in the coming week followed by a dip towards 0.9200. Though, a rise past 0.9405 ,may take it towards 0.9500-50, still we see more chances of 0.9350-405 holding.

Kshitij Consultancy Service

Legal disclaimer and risk disclosure

These views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsibly for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.


Sei un Analista Tecnico Indipendente Professionista del mercato FOREX? Registrati anche tu nella comunità ed elabora insieme a noi strategie automatiche di successo! Dettagli


Sai programmare in MQL o usare il MetaTrading? Registrati e contribuisci alla programmazione di trading system, script e indicatori per MetaTrader. Dettagli


Ti piace il Trading? Vieni in Trading Room a Cosenza, guarda le analisi tecniche real time dei nostri indicatori e decidi quando entrare nel mercato. Corsi base ed avanzati. Dettagli

Non esistono ancora Commenti per questa news.

Archivio News


1 2 3 4 5 > >>

Weekly Economic and Financial Commentary

FX Strategy Weekly

The Week Ahead

USDJPY: Signs Of Price Exhaustion On The Horizon

Chart of The Day: USD/CHF

Weekly Focus: Greece Debt Meltdown - What's Next?

Aid Package for Greece Eases Pressure on Euro

Weekly Market Commentary

EUR/USD's Pullback Tests Broken Support as Resistance

EUR/USD Mid-Day Outlook

USD/CHF Mid-Day Outlook

GBP/USD Mid-Day Outlook

EURUSD: Recovery Momementum Eyes The 1.3414 Level

USD/JPY Mid-Day Outlook

Mid-Day Report: Dollar Soft after GDP, Euro Extends Recovery

FX Thoughts for the Day

Technical Analysis Daily: USD/JPY

Daily FX Report

Today's Market Outlook

Eur/Usd: 1.3264 Will Is Important

Forex Technical Analysis

Currency Crosses Pairs Analysis

Forex Technical Update

GBP/JPY Daily Outlook

Technical Analysis Daily: GBP/USD


1 2 3 4 5 > >>