Technical Outlook For Eur-Usd 3-8-2015

Technical Outlook For Eur-Usd 3-8-2015

Eur/Usd pair moved last Friday in the average price movement of 193 Pips, it recorded the highest level at 1.1113 and the lowest at 1.0920 and closed at 1.0981 to Gain 50 Pips during Friday’s trading after we saw the consumer prices held steady.

The pair opened today at 1.0969 oscillatory between the 1.0965 and the 1.0988 levels during the Asian session in a trading average of 23 pips for the limitation of the market liquidity, and in the European session the pair went up to 1.0995

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

It is expected that the pair Eur-usd will reach the targeted level at 1.1070 in the next few hours.

The Relative Strength Indicator "RSI" reveals the distribution operations at the market and until

Now we are seeing the control of Bears on the market.

Medium term trend: Down

Support levels: 1.0896 and 1.0811 and 1.0703

Resistance levels: 1.1089 and 1.1197 and 1.1282

More Technical Outlook FxStations

Read More

Technical Analysis for Dow Jones 3-8-2015

Technical Analysis for Dow Jones 3-8-2015

Dow Jones moved last Friday in the average movement of 126 pips, its highest level at 17719 and the lowest Level at 17592 and closed at 17611 to lose 56 pips during Friday’s trading.

Dow opened today's trading at 17625 volatile between 17600 and 17644 during the Asian session trading at 44 Pips for the poor liquidity in the market range, and in the European session the dow went down to 17544.

Dow moves in a series of down corrective waves below the trend line.

It is expected that the Dow is heading targeting 17510 as the target on time frame of four hours and until 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 the USA

Support levels: 17562 and 17513 and 17435

Resistance levels: 17435 and 17767 and 17816.33

More Technical Outlook FxStations 

Read More

Technical Outlook For Usd/Jpy 16-7-2015

Technical Outlook For Usd/Jpy  16-7-2015

Usd/Jpy pair moved yesterday in the average price movement of 71 PIPs, it recorded the highest level at 123.96 and the lowest levels at 123.25 levels and closed at 123.75 to Gain 40 pips According to yesterday’s economic data.

The pair opened today at 123.76 oscillatory between the 123.75 and the 123.96 levels during the Asian session in a trading average of 21 pips for the limitation of the market liquidity.

The pair is trading above the trend line so it is expected to make new Highs.

It is expected that the pair Usd against the Jpy will go to targeted level at 124.20 in the next few hours and fall down again.

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

Today at 14:00 we are looking for Philly Fed Manufacturing Index from USA.

Medium term trend: UP

Support levels: 123.34 and 122.94 and 122.63

Resistance levels: 124.05 and 124.36 and 124.76

For More Technical Outlook FxStations

Read More

Technical Outlook For Gbp/Usd 16-7-2015

Technical Outlook For Gbp/Usd 16-7-2015

Gbp/Usd pair move yesterday in the average price movement of 98 Pips, it recorded the highest level at 1.5674 the lowest levels at 1.5576 levels and closed at 1.5631 to close at the same opining price according to Yesterday’s economic data.

The pair opened today at 1.5631 oscillatory between the 1.5606 and the 1.5640 levels during the Asian session in a trading average of 36 pips for the limitation of the market liquidity, and in the European session the pair went up to 1.5649

The pair is moving in a series of up impulse waves after returning to trade in the wedge.

It is expected that the pair Pound against the dollar will go to targeted level at 1.5750 in the next few hours According to economic data today.

Today at 12:00 we are looking for Philly Fed Manufacturing Index from UK

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: 1.5580 and 1.5529 and 1.5482

Resistance levels: 1.5678 and 1.5725 and 1.5776

For More Technical Outlook FxStations

Read More

Technical Analysis for EUR/JPY 16-7-2015

Technical Analysis for EUR/JPY 16-7-2015

Eur/Jpy pair moved yesterday in the average price movement of 102 Pips, it recorded the highest level at 136.37 and the lowest at 135.34 and closed at 135.48 to Lose 31 PIPs during yesterday’s trading.

The pair opened today at 135.48 and in the European session the pair fall down to 135.04

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

It is expected that the pair Eur/jpy will reach the targeted level at 134.10 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: 135.09 and 134.70 and 134.06

Resistance levels: 136.12 and 136.76 and 137.15

For More Technical Outlook FxStations

Read More

Technical Outlook for Eur-Usd 16-7-2015

Technical Outlook for Eur-Usd 16-7-2015

Eur/Usd pair moved yesterday in the average price movement of 106 Pips, it recorded the highest level at 1.1035 and the lowest at 1.0929 and closed at 1.0946 to Lose 60 PIPs during yesterday’s trading after positive economic data from USA

The pair opened today at 1.0946 oscillatory between the 1.0920 and the 1.0962 levels during the Asian session in a trading average of 42 pips for the limitation of the market liquidity.

The pair is moving in a series of down corrective waves after breaking the price channel, and we saw the pair retested the broken limit, so it is expected to fall down to lows again.

It is expected that the pair Eur/Usd will reach the targeted level at 1.0850 in the next few hours.

Today at 11:45 we are looking for Minimum Bid Rate from Europe.

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: Down

Support levels: 1.0905 and 1.0864 and 1.0799

Resistance levels: 1.1011 and 1.1076 and 1.1117

For More Technical Outlook  FxStations 

Read More

Technical Analysis for Dow Jones 16-7-2015

Technical Analysis for Dow Jones 16-7-2015

Dow Jones moved yesterday in the average movement of 80 pips, its highest level at 18004 and the lowest Level at 17921 and closed at 17991 to Gain 32 pips during yesterday’s trading.

Dow opened today's trading at 17985 volatile between 17980 and 18025 during the Asian session trading at 45 Pips for the poor liquidity in the market range, and in the European session the dow went up to 18061

Dow moves in a series of up impulse waves after returning to the parallel price channel.

It is expected that the Dow is heading targeting 18110 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 at 14:00 we are looking for Philly Fed Manufacturing Index from USA.

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

Support levels: 17940 and 17889 and 17857

Resistance levels: 18023 and 18055 and 18106

For More Technical Outlook FxStations

Read More