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  1. #21
    Show Me The Money! fx-investindo's Avatar
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    Default Re: Sharing Technical Analysis

    GBP/USD Weekly Outlook 23 April 2012

    GBP / USD rises to as high as 1.6149 last week and the initial bias remains on the upside this week to 1.6165 cluster resistance. Note that GBP / USD is building momentum Uptren again with the current rally and 1.6165 is likely to successfully penetrated. In such case, the completion of a decrease of 1.6764 has been confirmed. And, strong rally should be seen to 100% projection of 1.5234 to 1.5991 from 1.5602 of that is at 1.6359 . At downsidenya, below 1.6037



    EUR/USD Weekly Outlook 23 April 2012

    Although it had dropped to 1.2994 at the beginning of last week, EUR / USD is getting strong support from the 1.3 level of psychological and rebound. Penetrate further than 1.3212 indicate that the decline from 1.3385 has completed. More importantly, current developments argue that price actions from 1.3486 is the pattern of consolidation and has been equipped with three waves down to 1.2994. Initial bias is slightly on the upside this week for 1.3385 resistance first (R1). Break there will confirm the bullish and indicate that whole rebound from 1.2625 will continue. In such case, EUR / USD will target 100% projection of 1.2625 to 1.3486 from 1.2994 of that is at 1.3855 . At downsidenya, below 1.3128 minor support (S1) will shift the focus back to 1.2994 support (S2).



    USD/JPY Weekly Outlook 23 April 2012
    USD / JPY 's recovery effort last week is limited to 81.77 after encountering resistance from the channel of short-term decline. Initial bias is neutral (sideway) this week. At downsidenya, under81.16 minor support will indicate that choppy decline from 84.17 likely to continue for 61.8% retracement of 76.02 to 84.17 which is at 79.13 . In contrast, penetrating from the 81.77 price for a while now will be confirmed cases decreased from 84.17 has completed and opened the way to retest 84.17 high prices today.


    EUR/GBP Weekly Outlook 23 April 2012

    EUR / USD fell to 0.8161 last week and break 0.8221 to confirm the resumption of the overall decline from 0.9803 . Some consolidation (correction) in advance may be seen above 0.8161 while the low prices this week. But the recovery is limited below 0.8276 and bring resumption of decline to 61.8% from 0.8830 to 0.8221 from 0.8505 is projected at 0.8129 , and then support 0.8067 .


    AUD/USD Weekly Outlook 23 April 2012

    AUD / USD was in a tight range below 1.0452 last week and more sideway trading could be seen. However, note that the first, sideways choppy trading from 1.0452 indicates that rebound from 1.0225 is not over. Secondly, with daily MACD is above signal line, 1.0225 could be a short term basis. Therefore, the anticipated strong gains this week and through 1.0452 will target 61.8% retracement of 1.0852 to 1.0225 is at 1.0612 . In contrast, below 1.0308 may be the continuing decline through 1.0225 for the lowest prices extend decline from 1.0852 .


    USD/CHF Weekly Outlook 23 April 2012

    USD / CHF 's fall and break of support 0.901 last week indicate that rebound from 0.9001 has completed at 0.9251 . More importantly, current developments indicate that a price rise from 0.8930 is the pattern of consolidation (correction) and finished at 0.9251 . In other words, a decline from 0.9594 might proceed. Initial bias remains a bit on the downside this week to 0.9001 first support (S1). Break there will confirm bearish and more translucent than 0.8903 target 38.2% retracement of 0.7065 to 0.9594 is at 0.8628 . We will now remain cautiously bearish for 0.9251 untouched.




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  2. #22
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    Default Re: Sharing Technical Analysis

    GBP/USD Daily Outlook 24 April 2012

    Daily Pivots: (S1) 1.6060; (P) 1.6104; (R1) 1.6170;

    With H4 MACD crossed below signal line, the daily bias in GBP / USD turned neutral (sideway). Focus remains on 1.6165 resistance first (R1). Break there will confirm the completion of a decrease of 1.6764 and bring rally further to 100% projection of 1.5234 to 1.5991 from 1.5602 of that is at 1.6359 next resistance (R2). On the support side of the break bearishnya 1.5984 (S1) would argue that the short-term rally in the GBP / USD has been completed and will flip bias back to the downside to below 1.5818 support (S2).



    EUR/USD Mid-Day Outlook 24 April 2012

    Daily Pivots: (S1) 1.3154; (P) 1.3190 (R1) 1.3252;

    Translucency of 1.3128 minor support indicates that recovery from 1.2994 might have ended at 1.3226 already. Bias is turned neutral (sideway) and we will wait for the breakout of the zone 1.2994/3385 to confirm our view. On the bearish side, note that the EUR / USD was held under the resiten decrease in the medium term trend line and struggling to sustain above 55 days EMA. Through 1.2994 would confirm cases of rebound from 1.2625 might be completed and will continue to decline from 1.4939 . On the bullish side, through 1.3385 will suggest that rebound from 1.2625 will continue.



    USD/JPY Mid-Day Outlook 24 April 2012

    Daily Pivots: (S1) 81.41; (P) 81.59; (R1) 81.72;

    As noted earlier, the USD / JPY 's choppy decline from 84.17 is still in the process and are still in short-term downtrend channel. Daily bias remains on downsidenya to 80.29 and will further penetrate target 61.8% retracement of 76.02 to 84.17 which is at 79.13 . On the contrary, above 81.77 will indicate that the reduction was completed at 80.29 and will pave the way for stronger rise to retest 84.17.


    USD/CHF Mid-Day Outlook 24 April 2012

    Daily Pivots: (S1) 0.9061; (P) 0.9108; (R1) 0.9133;

    Rebounded more strongly than expected in USD / CHF today and the bias is turned neutral (sideway). At downsidenya, translucency of 0.9001 support will confirm the bearish case that fall from 0.9594 will continue and by 0.8903 will target 38.2% retracement of 0.7065 to 0.9594 is the 0.8628 . However, the invisibility of 0.9251 resistance will confirm a case of a decrease of 0.9594 is complete at 0.8930 and will flip bias back to the upside and the target above 0.9594.


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