Technical Analysis for Crude Oil 2-7-2015

Technical Analysis for Crude Oil 2-7-2015

Oil moved yesterday in the average movement of 241 cents, its highest level at 59.09 and the lowest price at 56.67 and closed at 56.97 to Lose 211 cents during yesterday’s trading.

Oil opened today's trading at 56.93 volatile between 56.87 and 57.22 during the Asian session trading at 35 pips for the poor liquidity in the market range.

Oil moves in a series of up Impulse waves in a parallel price channel

We saw oil achieved our target at 57.50 during yesterday trading

It is expected that the oil is heading targeting 58.00 as the target on time frame of four hours and till now we see the Bears control on market direction

And the Relative Strength Indicator "RSI" show us Distribution operations at the market

Today we could see sharp trading because of the economic data from USA

Support levels: 56.06 and 55.15 and 53.64

Resistance levels: 58.48 and 59.99 and 60.90

For More Technical Outlook FxStations

Read More

Technical Outlook for USD/JPY 2-7-2015

Technical Outlook for USD/JPY 2-7-2015

Usd/Jpy pair moved yesterday in the average price movement of 88 PIPs, it recorded the highest level at 123.23 and the lowest levels at 122.36 levels and closed at 123.17 to Gain 78 pips According to Positive ADP Non-Farm Employment Change from USA.

The pair opened today at 123.18 oscillatory between the 123.15 and the 123.45 levels during the Asian session in a trading average of 30 pips for the limitation of the market liquidity, and in the European session the pair went up to 123.57.

It is expected that the pair Usd against the Jpy will go to targeted level at 123.90 in the next few hours.

And the Relative Strength Indicator "RSI" show us accumulation operations at the market and the control of Bulls on the market

Medium term trend: UP

Support levels: 122.61 and 122.05 and 121.74

Resistance levels: 123.48 and 123.79 and 124.35

For More Technical Outlook FxStations

Read More

Technical Analysis for Gold 2-7-2015

Technical Analysis for Gold

Gold moved yesterday in the average movement of 75 PIPs, its highest level at 1174.97 and the lowest price at 1167.35 and closed at 1167.35 to lose 46 pips According to Positive ADP Non-Farm Employment Change from USA.

Gold opened today's trading at 1168.35 volatile between 1166 and 1169 during the Asian session trading at 3 dollars for the poor liquidity in the market range.

Gold moves in a series of down impulse waves under the trend line

We saw the pair achieved our target at 1163

It is expected that the yellow metal is heading targeting 1160 as the target on time frame of four hours and till now we see the Bears control on market direction and the Bulls waits the first Support Level to enter the market

And the Relative Strength Indicator "RSI" show us distribution operations at the market

Today we could see sharp trading because of the economic data from USA

Support levels: 1164.81 and 1162.27 and 1157.19

Resistance levels: 1172.43 and 1177.51 and 1180.05
For More Technical Outlook FxStations

Read More

Technical Outlook for GBP/USD 2-7-2015

Technical Outlook for GBP/USD 2-7-2015

Gbp/Usd pair move yesterday in the average price movement of 145 PIPs, it records the highest level at 1.5736 the lowest levels at 1.5591 levels and closed at 1.5618 to Lose 96 pips according to Positive ADP Non-Farm Employment Change from USA.

The pair opened today at 1.5618 oscillatory between the 1.5600 and the 1.5620 levels during the Asian session in a trading average of 20 pips for the limitation of the market liquidity, and in the European session the pair went down to 1.5584

The pair is moving in a series of down corrective waves targeted 50% FIBO retracement

And we saw the pair achieved our target at 1.5645 during yesterday’s Trading

It is expected that the pair Pound against the dollar will go to targeted level at 1.5510 in the next few hours According to economic data today.

Today at 12:30 we are looking for Non-Farm Employment Change and Unemployment Rate from USA

And the Relative Strength Indicator "RSI" show us distribution operations at the market and the control of Bears on the market

Medium term trend: down

Support levels: 1.5560 and 1.5503 and 1.5415

Resistance levels: 1.5705 and 1.5793 and 1.5850

For More Technical Outlook FxStations

Read More

Technical Analysis for EUR-JPY 2-7-2015

Technical Analysis for EUR-JPY 2-7-2015

Eur-Jpy pair moved yesterday in the average price movement of 136 Pips, it recorded the highest level at 137.42 and the lowest at 136.03 and closed at 136.16 to Lose 22 Pips during Yesterday’s trading according to Concern about the Greek case.

The pair opened today at 136.16 oscillatory between the 136.03 and the 136.63 levels during the Asian session in a trading average of 60 pips for the limitation of the market liquidity.

The pair is moving in a series of down correction waves after breaking the price channel.

So it is expected that the pair eur/jpy will reach the targeted level at 135.50 in the next few hours.

The Relative Strength Indicator "RSI" reveals that the distribution operations at the market and the control of Bears on the market...

Medium term trend: Down

Support levels: 135.65 and 135.14 and 134.26

Resistance levels: 137.04 and 137.92 and 138.43

 For More Technical Outlook FxStations

Read More

Technical Outlook for EUR/USD 2-7-2015

Technical Outlook for EUR/USD 2-7-2015

Eur/Usd pair moved yesterday in the average price movement of 126 PIPs, it recorded the highest level at 1.1172 and the lowest at 1.1044 and closed at 1.1055 to lose 89 PIP According to Positive ADP Non-Farm Employment Change from USA.

The pair opened today at 1.1055 oscillatory between the 1.1033 and the 1.1089 levels during the Asian session in a trading average of 54 pips for the limitation of the market liquidity.

The pair is moving in a series of up impulse waves in a parallel price channel, and now the pair is trading around the lower limit of the channel that expected to Boomerang up

And we saw the achieved our target at 1.1090

It is expected that the pair eur /usd will reach the targeted level at 1.1020 in the next few hours, and then to 1.1140

Today at 12:30 we are looking for Non-Farm Employment Change and Unemployment Rate from USA

The Relative Strength Indicator "RSI" reveals the distribution operations at the market and till now we are seeing the control of Bears on the market.

Medium term trend: UP

Support levels: 1.1008 and 1.0962 and 1.0880

Resistance levels: 1.1136 and 1.1218 and 1.1264

 For More Technical Outlook FxStations

Read More

Technical Outlook for Dow-Jones 2-7-2015

Technical Analysis for Dow-Jones 2-7-2015

dow Jones moved yesterday in the average movement of 195 pips, its highest level at 17713 and the lowest Level at 17522 and closed at 17672 to Gain 152 pips, during yesterday’s trading.

Dow opened today's trading at 17680 volatile between 17645 and 17682 during the Asian session trading at 37 pips for the poor liquidity in the market range, and in the European session the Dow went up to 17712

Dow moves in a series of up impulse waves after breaking the price channel.

It is expected that the oil is heading targeting 17750 to make a little of correction as the target on time frame of four hours and till now we see the Bulls control on market direction

And the Relative Strength Indicator "RSI" show us accumulation operations at the market

Today we could see sharp trading because of the economic data from USA

Support levels: 17558 and 17444 and 17367

Resistance levels: 17749 and 17826 and 17940

For More Technical Outlook FxStations

Read More