http://www.exchangemoneyplace.com/ Stocks, Forex, Trading and Foreign Exchange, Rare Metals and commodities and Learn how to trade stocks and make money. en Thu, 23 May 2013 03:00:59 GMT vBulletin 60 http://www.exchangemoneyplace.com/images/styles/GamerGreen/misc/rss.png http://www.exchangemoneyplace.com/ http://www.exchangemoneyplace.com/forex-trading-stock-market/21703-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html Wed, 22 May 2013 10:15:40 GMT *EUR/USD* The Euro maintains positive near-term tone and holds above 1.2900 support, following overnight’s extension to 1.2937, where rally was... EUR/USD

The Euro maintains positive near-term tone and holds above 1.2900 support, following overnight’s extension to 1.2937, where rally was capped by 55 day EMA. The level lays just ahead of 1.2950, previous range floor and Fib 38.2% of 1.3193/1.2795 descend, break of which to confirm near-term base and open more significant barriers at 1.3000, 50% retracement and 1.3027, 14 May high. Corrective actions should be ideally contained at 1.2880/70 zone, Fib 38.2% / 50% of the near-term ascend from 1.2795 and hourly 55 day EMA, to keep bullish structure intact.

Res: 1.2937, 1.2950, 1.2972, 1.3000
Sup: 1.2900, 1.2883, 1.2865, 1.2840








GBP/USD

Cable slumped to the fresh lows near 1.5100 yesterday, after upside rejection at 1.5280, where lower top was left. Bears are back in play, as the pair ended corrective action and near-term focus lays at psychological 1.5100 support, blow which, fresh resumption of the pullback from 1.5600 area, would look for test of 1.5020/00 zone. Quick corrective rally stays so far capped under important 1.5200 resistance that keeps the downside pressured, with near-term indicators holding in the negative territory.

Res: 1.5188, 1.5200, 1.5220, 1.5261
Sup: 1.5137, 1.5110, 1.5100, 1.5020









USD/JPY

The pair holds neutral near-term tone and moves in a directionless mode, with 102.24/87 marking near-term range limits. As the pullback from fresh high at 103.29, has been contained at 102.00, the latter offers solid support for fresh attempt higher. Studies of 4h chart remain positive, while overall bullish tone keeps the upside favored. Clearance of 103.29 to resume the broader uptrend that could travel up to 105.00 barrier. Only loss of 102.00 and 101.80, near-term range floor, would delay and allow for stronger correction.

Res: 102.87, 102.93, 103.29, 103.50
Sup: 102.24, 102.00, 101.80, 101.25








AUD/USD

Aussie dollar has regained some ground after finding temporary support at 0.9709, with subsequent rally being limited at 0.9840 for now. Repeated failures at 0.9840, keep the upside attempts limited, with near-term price action moving in a sideways mode, within 0.9750/0.9840 range. Hourly studies are neutral, while negative tone prevails on 4h chart that sees the current corrective action limited. Potential break above 0.9840, would look for test of strong 0.9900 zone, to signal further recovery, while more likely scenario, sees loss of 0.9750 platform and return to initial support at 0.9700.


Res: 0.9840, 0.9881, 0.9915, 0.9939
Sup: 0.9762, 0.9750, 0.9720, 0.9709


]]> Forex trading and Stock Market WindsorBrokers http://www.exchangemoneyplace.com/forex-trading-stock-market/21703-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html http://www.exchangemoneyplace.com/forex-trading-stock-market/21693-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html Mon, 20 May 2013 10:38:15 GMT *EUR/USD* The single currency remains under pressure, as last Friday’s fall dipped briefly below 1.2800 handle. Subsequent bounce still stays... EUR/USD

The single currency remains under pressure, as last Friday’s fall dipped briefly below 1.2800 handle. Subsequent bounce still stays capped at initial 1.2850 barrier, previous lower base and 55 day EMA. With hourly studies heading higher and 4h studies being overextended, further recovery is possible, however, clearance of 1.2900 zone, 50% of 1.3027/1.2795 fall, is seen as minimum requirement to signal near-term basing attempt and allow for stronger recovery, where next barriers at 1.2950 zone will come in focus. Overall negative tone doesn’t see much of upside prospect in the near-term, as daily studies turned bearish and while price holds below 1.2950/1.3000, previous range floor / 200 day MA.

Res: 1.2850, 1.2888, 1.2900, 1.2930
Sup: 1.2818, 1.2795, 1.2750, 1.2744







GBP/USD

Cable consolidates recent losses that dipped to 1.5157 so far, with 1.5200 limiting the upside for now. Fresh bear-leg that commenced on upside rejection at 1.5321, could extend to 1.5125, Fib 61.8% of 1.4830/1.5603 upleg and 1.5100, round figure support, initial targets, as pivotal 1.5200 support has been lost and near-term top at 1.5600 zone confirmed. Negative near-term studies keep the downside favored, with limited corrective actions expected to stay under 1.5300 barrier.

Res: 1.5205, 1.5262, 1.5300, 1.5330
Sup: 1.5171, 1.5157, 1.5125, 1.5100












USD/JPY

Overall bullish structure remains intact for now, despite overnight’s gap-lower opening and spike low near 102.00 support. Bounce back towards 103.00 barrier, kept positive near-term structure, however, failure to fill the gap, would keep the downside at risk, with good support laying at 102.50, Fib 38.2% of 101.25/103.28 upleg / 55 day EMA, loss of which to confirm further corrective action. Conversely, break above 103.00 barrier, would focus last Friday’s fresh high at 103.28 and signal resumption of broader uptrend.

Res: 102.93, 103.12, 103.28, 103.50
Sup: 102.50, 102.00, 101.90, 101.73








AUD/USD

The Aussie starts the week with slight positive tone and bounces off last Friday’s fresh low at 0.9709. recovery was so far limited under the next barrier at 0.9800, reinforced by descending 55day EMA that keeps upside prospects under question mark. Overall bearish tone still keeps the downside in focus, with key target at 0.9579, May 2012 low, however, bears may be interrupted by corrective action, as hourly indicators are heading north and 4h / daily studies are oversold. Such scenario requires break above initial 0.9800 barrier and regain of the next one at 0.9900, to confirm near-term recovery under way and avert immediate downside risk.

Res: 0.9789, 0.9810, 0.9881, 0.9915
Sup: 0.9737, 0.9709, 0.9662, 0.9600


]]> Forex trading and Stock Market WindsorBrokers http://www.exchangemoneyplace.com/forex-trading-stock-market/21693-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html http://www.exchangemoneyplace.com/forex-trading-stock-market/21667-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html Wed, 15 May 2013 14:26:26 GMT *EUR/USD* The Euro remains under pressure after yesterday’s upside rejection at 1.3025, where a double-top was left, ahead of fresh weakness. The... EUR/USD

The Euro remains under pressure after yesterday’s upside rejection at 1.3025, where a double-top was left, ahead of fresh weakness. The price violated psychological 1.2900 support, on today’s acceleration lower that suggests further descend, as 50% of 1.2744/1.3241 upleg has been broken and near-term studies hold negative tone. Loss of 1.2900 handle to expose next targets at 1.2861, Fib 76.4% and 1.2800, round figure support. However, bears may be interrupted by corrective action on oversold near-term studies, with previous strong supports at 1.2934/53, now offering initial resistance, ahead of 1.3000, below which rallies should be ideally contained. Only lift above 1.3025 would signal a pause in near-term downtrend and allow for stronger counce.

Res: 1.2934, 1.2953, 1.3000, 1.30245
Sup: 1.2886, 1.2861, 1.2840, 1.2800







GBP/USD

Near-term bears are fully in play, as the price extended descend from 1.5590 double-top, to crack significant support zone and breakpoint at 1.5217/1.5195, 50% of 1.4830/1.5603 / April’s higher platform. The support proves to be strong, as the price bounced, after hitting fresh low at 1.5190. Dominating negative tone on near-term studies does not see much of upside potential for now, with any stronger rally, expected to hold below 1.5300 barrier. Bearish continuation below 1.5190 to confirm top at 1.56 zone and confirm end of 1.4830/1.5603 corrective phase, with 1.5125/00, seen as next downside targets.

Res: 1.5236, 1.5276, 1.5300, 1.5330
Sup: 1.5190, 1.5150, 1.5125, 1.5100







USD/JPY

The pair rallies again, after corrective pullback from 102.14 found footstep at 101.25. Break above initial 102.00/14 barriers, signals bullish resumption of fresh upleg from 98.63 that opens way towards next target at 103.00. Positive near-term studies remain supportive, with initial supports standing at 102.14/00, previous barriers and 101.25, keeping the downside protected.

Res: 102.60, 103.00, 103.50, 104.00
Sup: 102.14, 102.00, 101.25, 101.00






AUD/USD

The pair remains in a steep downtrend that accelerated after losing 1.0114, multi-month range floor. Break below parity level, as psychological support and the next one at 0.9900, keeps the way open towards 0.9579, May 2012 low, with interim supports at 0.9825/00 and 0.9660. However, corrective action may preced fresh weakness, but rallies are for now seen limited, with initial barriers at 0.9914/40 and parity level expected to cap.

Res: 0.9900, 0.9915, 0.9940, 1.0000
Sup: 0.9851, 0.9825, 0.9800, 0.9750


]]> Forex trading and Stock Market WindsorBrokers http://www.exchangemoneyplace.com/forex-trading-stock-market/21667-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html http://www.exchangemoneyplace.com/forex-trading-stock-market/21663-forex-metal-launches-new-deposit-funds-page.html Wed, 15 May 2013 02:10:28 GMT *Forex-Metal Launches a New Deposit Funds Page* Forex-Metal, a leading online Forex and CFD broker, is happy to present a brand new concept of the... Forex-Metal Launches a New Deposit Funds Page

Forex-Metal, a leading online Forex and CFD broker, is happy to present a brand new concept of the company Deposit Funds section. The new design spotlights a wealth of payment options, accepted by the broker, deposit time, deposit fee (if any), bonus offered and currencies accepted. Payments can be made directly from the Deposit Funds page, by clicking a button next to each payment option.

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"We are always looking for new ways to better serve the needs of our clients and are very pleased and excited with the new user-friendly design of the deposit page", says Ram Titarelli, company web designer. "We are sure that the new clear look and enhanced functionality will provide our clients with a streamlined user experience. Our clients will be amazed at a wide array of payment options offered and the ease, speed, and convenience of depositing funds into their trading accounts with Forex-Metal".

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http://www.forex-metal.com/affiliate/287/1 ]]> Forex trading and Stock Market Thowesne http://www.exchangemoneyplace.com/forex-trading-stock-market/21663-forex-metal-launches-new-deposit-funds-page.html http://www.exchangemoneyplace.com/forex-trading-stock-market/21652-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html Tue, 14 May 2013 10:01:50 GMT *EUR/USD* The remains in near-term consolidative mode, as 1.2934 proved to be solid support after being retested and holding for now, with brief... EUR/USD

The remains in near-term consolidative mode, as 1.2934 proved to be solid support after being retested and holding for now, with brief attempt above 1.3000 barrier, signaling possible corrective action. Improved hourly studies support the notion, however, sustained break above 1.3000 and regain of minimum 1.3050/60 is required to confirm base and trigger fresh recovery. Otherwise, further weakness would be likely scenario, as 4h indicators hold in the negative territory and price action being capped by descending 20 day EMA.

Res: 1.3024, 1.3033, 1.3050, 1.3064
Sup: 1.2965, 1.2934, 1.2900, 1.2861








GBP/USD

Cable bounces off yesterday’s fresh low at 1.5276, following bearish extension below psychological 1.5300 support. Prevailing negative tone on lower timeframes studies, keeps the downside focused, with corrective rallies seen limited, while below 1.5383/1.5410 barriers. Overall negative tone and break below main bull-trendline, sees increased risk of fresh weakness towards pivotal 1.5200 support zone, 50% of 1.4830/1.5603 / April’s higher platform.

Res: 1.5410, 1.5450, 1.5482, 1.5500
Sup: 1.5300, 1.5276, 1.5217, 1.5195











USD/JPY

Near-term focus is starting to shift towards the downside and open way for corrective pullback, as the pair holds below 102.00 barrier. Loss of initial support at 101.50, increases downside risk, as hourly studies slide into negative territory and yesterday’s Doji candle signaling near-term indecision. However, confirmation would require break below 101.00 handle to open Fibonacci supports at 100.80/38. Strong support and breakpoint at 100.00 is expected to hold dips, as larger picture bulls remain fully in play, with current reversal seen as corrective and preceding fresh rally.

Res: 102.00, 102.14, 102.50, 103.00
Sup: 101.25, 101.00, 100.80, 100.38









AUD/USD

The pair consolidates recent losses that bottomed at 0.9939, after the parity level has been lost and now acting as initial resistance, reinforced by hourly 55 day EMA. Possible stronger correction cannot be ruled out, as 4h conditions are oversold and hourly indicators are heading north. However, signal of basing attempt would require regain of initial 1.0030/45 barriers, while regain of 1.0100, 50% of 1.0253/0.9939 fall, would confirm recovery. Overall picture remains bearish, as the pair commenced fresh bear-phase, following break below multi-month range floor.

Res: 1.0010, 1.0028, 1.0045, 1.0096
Sup: 0.9960, 0.9939, 0.9900, 0.9825


]]> Forex trading and Stock Market WindsorBrokers http://www.exchangemoneyplace.com/forex-trading-stock-market/21652-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html http://www.exchangemoneyplace.com/forex-trading-stock-market/21631-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html Mon, 13 May 2013 12:34:31 GMT *EUR/USD* The Euro traded in consolidative mode during the Asian session, moving within narrow range and above last Friday’s fresh low at 1.2934... EUR/USD

The Euro traded in consolidative mode during the Asian session, moving within narrow range and above last Friday’s fresh low at 1.2934 that marks Fib 61.8% of 1.2744/1.3241 recovery rally. The downside pressure persists, as the pair dented 200 day MA and near-term range floor at 1.2950, with weekly close above these supports, but below psychological 1.3000 barrier. Corrective rally above the later, may extend towards strong resistance at 1.2950/60 zone, last Friday’s high / 50% of 1.3193/1.2934 downleg, where rally should be capped. However, sustained break here, would sideline immediate bears and allow for stronger recovery. As near-term indicators hold in the negative territory, fresh weakness is still seen as likely scenario, with violation of 1.2950/34 supports, expected to open 1.2915, daily Ichimoku cloud bottom and psychological 1.2900 support.


Res: 1.3000, 1.3033, 1.3050, 1.3064
Sup: 1.2958, 1.2934, 1.2900, 1.2861








GBP/USD

Cable extended weakness off 1.5600 barrier and retraced 38.2% of larger 1.4830/1.5603 rally, on last Friday’s fall to 1.5313. Corrective rally on oversold near-term studies, would be short-lived and likely precede fresh weakness, as long as previous breakpoint at 1.5410 and Friday’s high / 50% of 1.5586/1.5313 fall limits the upside. The notion is supported by negative near-term technicals and double-top at 1.5590, as well as brief break below main bull trendline, drawn off 1.4830, 13 Mar low. However, further weakness below 1.5300 handle, needs to break key near-term support at 1.5200, to confirm top at 1.5600 area and signal end of two-months corrective rally.

Res: 1.5410, 1.5450, 1.5482, 1.5500
Sup: 1.5340, 1.5313, 1.5300, 1.5285





USD/JPY

The pair continue to trend higher, with last Friday’s and overnight probe above psychological 102.00 barrier, suggesting further bullish extension towards 103.00, next target, however, fresh bull-leg above psychological 100.00 barrier, could travel to 105.00. Corrective pullbacks are expected to be limited and any stronger reversal should be contained above 100.00 support. Initial supports lie at 101.00 and 101.80, Fib 38.2% of 98.63/102.14 upleg / 55 day EMA.

Res: 102.00, 102.14, 102.50, 103.00
Sup: 101.00, 100.80, 100.38, 100.00







AUD/USD

Last Friday’s extension of larger downtrend and break below parity level, keeps the bears in play and sees scope for further extension, as the pair lost significant support at 1.0114, multi-month range floor. Dips were so far contained at 0.9960, above which, near-term consolidation is under way. With the upside, for now being capped by psychological 1.0000 barrier and 20 day EMA, recovery action should be limited, despite overextended near-term studies. Any stronger bounce, however, would require clearance of strong 1.0220/50 zone, to ease immediate bear pressure, otherwise, fresh weakness towards 0.9900, would be likely scenario.

Res: 1.0010, 1.0028, 1.0072, 1.0107
Sup: 0.9960, 0.9900, 0.9825, 0.9800


]]> Forex trading and Stock Market WindsorBrokers http://www.exchangemoneyplace.com/forex-trading-stock-market/21631-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html http://www.exchangemoneyplace.com/forex-trading-stock-market/21602-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html Wed, 08 May 2013 09:28:19 GMT *EUR/USD* The Euro remains in the range-trading mode, with slight improvement seen on a break above 1.3100 barrier, as near-term base has been... EUR/USD

The Euro remains in the range-trading mode, with slight improvement seen on a break above 1.3100 barrier, as near-term base has been established at 1.3060 zone. Hourly and 4h structure remains weak, however, fresh strength threatens break through 4h triangle resistance at 1.3120, along with recent highs at 1.3130 zone, also 50% of 1.3241/1.3032 that is required to further improve near-term tone for possible extension towards the range tops. Conversely, slide below 1.3100., would shift the focus lower and expose 1.3060/30, strong support zone.

Res: 1.3120, 1.3135, 1.3160, 1.3200
Sup: 1.3060, 1.3052, 1.3032, 1.3000








GBP/USD

Cable trades in a near-term corrective mode, following yesterday’s sharp fall that found temporary support at 1.5445/1.5603 upleg. As lower timeframes studies weakened and indicators slid into negative territory, downside risk towards pivotal 1.5410/00 support zone, remains in play. Recovery attempts face good barrier at 1.5500, while only break above 1.5500, yesterday’s high, would ease immediate bear pressure.

Res: 1.5570, 1.5605, 1.5650, 1.5700
Sup: 1.5470, 1.5445, 1.5410, 1.5400










USD/JPY

The pair remains at the back foot, following upside rejection at 99.44 on Monday and series of lower tops, defining near-term descend. With 99.00 barrier capping the upside and yesterday’s low at 98.63, coming under pressure, more risk is seen towards the downside in the near-term. However, break below 98.50, Fib 38.2% of 97.00/99.44 upleg and 55 day EMA, is required to confirm reversal and signal lower top at 99.44. Alternative scenario requires break above 99.34/44 highs to shift focus towards initial target and psychological barrier at 100.00.

Res: 99.14, 99.34, 99.44, 99.74
Sup: 98.63, 98.50, 98.20, 98.00







AUD/USD

The pair trades in a near-term recovery mode, off fresh lows posted at 1.0154, where basing attempt becomes evident. Yesterday’s loss of strong 1.0220 support and near-term base, as well as psychological 1.0200 handle, keeps bears in play for eventual push towards key support and larger range bottom at 1.0114. Recovery rally needs to clear 1.0200/20, previous strong support, also Fib 38.2% of 1.0321/1.0154 descend, to ease immediate bear-pressure and allow for further recovery, however, overall bearish tone sees the action limited and keeps the downside in focus.

Res: 1.0200, 1.0220, 1.0253, 1.0300
Sup: 1.0180, 1.0154, 1.0114, 1.0100


]]> Forex trading and Stock Market WindsorBrokers http://www.exchangemoneyplace.com/forex-trading-stock-market/21602-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html http://www.exchangemoneyplace.com/forex-trading-stock-market/21595-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html Thu, 02 May 2013 12:20:35 GMT *EUR/USD* The Euro failed to sustain gains on yesterday’s rally through key 1.3200 barrier, as the price reversed lower after posting fresh high... EUR/USD

The Euro failed to sustain gains on yesterday’s rally through key 1.3200 barrier, as the price reversed lower after posting fresh high at 1.3240. Gains were capped by 50% retracement of larger 1.3710/1.2744 descend, with reversal below 1.3200 handle, softening near-term structure. The pullback found temporary support at 1.3150, 50% of 1.3053/1.3241 upleg and above trendline support / 61.8% / 20 day EMA at 1.3125. While above the latter, scope exists for fresh attempt at 1.3200, initial resistance and extension higher, as 4h structure is positive and favors further bulls, as a part of larger recovery from 1.2950. Conversely, loss of 1.3125 and psychological 1.3100, also 50% of 1.2950/1.3241, would signal top at 1.3241 and bring bears back to play.

Res: 1.3184, 1.3200, 1.3222, 1.3241
Sup: 1.3145, 1.3125, 1.3115, 1.3100







GBP/USD

Cable consolidates yesterday’s rally that dented initial target at 1.5605, 50% retracement of 1.6380/1.4830, with pullback being contained by 55 day EMA at 1.5540, for now. Positive structure on lower timeframes keeps the upside in focus, as clearance of 1.5605 is seen as a trigger for fresh extension of recovery rally from 1.4830. Any deeper pullbacks should be held above 1.5400 zone, to avert downside risk.


Res: 1.5570, 1.5605, 1.5650, 1.5700
Sup: 1.5540, 1.5500, 1.5465, 1.5417










USD/JPY

The pair holds above freshly established base at 97.00, but downside pressure persists, as recovery attempts stay capped under initial 98.00 barrier and lower timeframes indicators hold in the negative territory. With descending 55 day EMA maintaining slide, immediate focus lays at 97.00, loss of which to resume larger downtrend from levels just under 100.00 barrier and expose breakpoint at 96.70, Fib 76.4% of 95.80/99.87 ascend / 12 Mar previous high. Alternatively, confirmation of near-term base at 97.00, requires clearance of 55 day EMA at 97.45 and more significant 98.00/25 resistance zone, 30/29 Apr highs / 50% retracement of 99.87/97.00 downleg.

Res: 97.45, 97.65, 98.00, 98.25
Sup: 97.00, 96.70, 96.34, 96.00







AUD/USD

Aussie dollar lost ground after upside rejection just under key 1.0400 barrier, as subsequent sharp reversal fully retraced 1.0220/1.0383, near-term recovery rally. With bears now full in play, penetration through psychological 1.0200 support, is expected to open way towards 1.0114, 04 Mar low, multi-month range floor and near 50% of med-term 0.9579/1.0623 ascend. Previous higher base at 1.0260, now offers initial resistance, with any further extension higher, seen limited under 1.0300 for now.

Res: 1.0260, 1.0300, 1.0320, 1.0338
Sup: 1.0200, 1.0180, 1.0114, 1.0100


]]> Forex trading and Stock Market WindsorBrokers http://www.exchangemoneyplace.com/forex-trading-stock-market/21595-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html http://www.exchangemoneyplace.com/forex-trading-stock-market/21578-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html Tue, 30 Apr 2013 10:02:45 GMT *EUR/USD* The Euro extended recovery rally to briefly break above 1.3100 handle, however, gains were limited, as the price action was capped at... EUR/USD

The Euro extended recovery rally to briefly break above 1.3100 handle, however, gains were limited, as the price action was capped at 1.3115, failing to clear the barrier on repeated attempt. Pullback under 1.3100, could be seen as corrective, while price holds above 1.3050 zone, 50% of 1.2989/1.3115 upleg / 20 day EMA, as 4h indicators maintain positive tone, with higher low seen as good base for possible fresh attempt above 1.3100/15, to possibly open key 1.3200 barrier. From the other side, slide below 1.3050, would risk return to 1.3000 base and keep the near-term range top intact.

Res: 1.3100, 1.3115, 1.3127, 1.3142
Sup: 1.3069, 1.3050, 1.3030, 1.3000







GBP/USD

Cable enters corrective mode, following yesterday’s rally through 1.5500 barrier that reached 1.5544 high so far. Daily close slightly below 1.5500 and fresh extension lower that tests 55 day EMA, risks deeper pullback, as hourly studies moved into negative territory. Further easing would face Fibonacci supports at 1.5444 (38.2%) and more significant 1.5410, 50% retracement of 1.5281/1.5544 rally and previous peak, loss of which to sideline near-term bulls. Studies on 4h chart are emerging from overbought zone and keep the price pressured.

Res: 1.5500, 1.5544, 1.5570, 1.5605
Sup: 1.5475, 1.5444, 1.5417, 1.5410









USD/JPY

Near-term structure remains negative, as recovery rally from 97.34, yesterday’s low, remains capped at Fib 38.2% of 99.49/97.34 fall at 98.19. Hourly studies are weak, with more negative tone seen on 4h chart, where indicators hold in the negative territory and price pressured by 20/55 EMA’s bearish crossover, that keeps the downside favored. Slide below 97.35, also Fib 61.8% of 95.80/99.87 recovery and 97.20, 17 Apr low, to open way for further extension lower, where 96.75, 76.4% / previous peak of 12 Mar, is seen as next target and breakpoint. Risk of triple top completion is still high and loss of 96.70 is to confirm.

Res: 98.11, 98.19, 98.41, 98.70
Sup: 97.65, 97.35, 97.20, 97.00






AUD/USD

The pair holds positive near-term tone off 1.0220 low, as fresh gains through 1.0335/38 resistance, cracked the next barrier at 1.0357, Fib 38.2% / daily Ichimoku cloud top and see potential for extension higher. Key near-term resistance at 1.0400, 14 Apr high / 50% retracement of 1.0581/1.0220, comes in focus, as break here is required to confirm base at 1.0220 and resume recovery. Previous barriers at 1.0335/38, now offer initial support, with dips to be ideally contained at 1.0320 zone, to keep bulls intact.


Res: 1.0357, 1.0371, 1.0400, 1.0443
Sup: 1.0335, 1.0320, 1.0300, 1.0261


]]> Forex trading and Stock Market WindsorBrokers http://www.exchangemoneyplace.com/forex-trading-stock-market/21578-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html http://www.exchangemoneyplace.com/forex-trading-stock-market/21574-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html Mon, 29 Apr 2013 11:39:49 GMT *EUR/USD* The Euro holds above 1.3000 but still directionless, moving within 1.2950/1.3100 range. Slight improvements seen on overnight’s... EUR/USD

The Euro holds above 1.3000 but still directionless, moving within 1.2950/1.3100 range. Slight improvements seen on overnight’s gap-higher opening and upside aligned hourly studies, keep the immediate barrier at 1.3100 in near-term focus. Break above 1.3100, also 4h triangle resistance, would avert the downside risk, in favor of extension towards next barrier at 1.3127, 19 Apr high, to confirm near-term base at 1.2950 and possibly re-open key 1.3200 resistance. Psychological 1.3000 support keeps the near-term price action supported for now, with any penetration lower, to weaken the structure.

Res: 1.3076, 1.3092, 1.3127, 1.3142
Sup: 1.3030, 1.3000, 1.2987, 1.2950








GBP/USD

Cable maintains positive tone, as fresh gains through psychological 1.5500 barrier that kept last week’s rally capped, now open way for fresh bulls. Immediate barrier lies at 1.5570, 100 day MA, ahead of 1.5605, 50% retracement of 1.6380/1.4830 downleg. Short-term studies remain positive but overbought that may signal hesitation on approach to the next targets. Previous peak and last Friday’s low at 1.5410/17 zone, offer solid support and should contain corrective dips.

Res: 1.5550, 1.5570, 1.5605, 1.5629
Sup: 1.5510, 1.5479, 1.5417, 1.5410








USD/JPY

The pair remains under pressure, as last Friday’s fresh weakness and weekly close below 98.00 handle and overnight’s extension to 97.34, Fib 61.8% of 95.80/99.87 upleg, confirm near-term bears being in play. Corrective rally on oversold hourlies, faces initial resistance s at 98.00/30, with previous low and 50% retracement of 99.74/97.35 at 98.50, reinforced by 20/55 day EMA’s, bearish crossover seen as ideal cap. With near-term structure being negatively aligned, further downside is seen favored after the correction, with 97.20/00 seen as next targets. Conversely, extension above 98.50 would ease bear-pressure, however, regain of 99.00 barrier is required to shift focus higher and re-expose recent highs and psychological 100 barrier.

Res: 98.00, 98.30, 98.50, 98.82
Sup: 97.35, 97.20, 97.00, 96.75








AUD/USD

The pair regained positive tone after upside rejection at 1.0335 and subsequent pullback found support at 1.0260. Fresh strength that surged through 1.0300 barrier overnight and approach of 1.0335/38 double-top, sees scope for extension of near-term recovery rally from 1.0220 low, with clear break above 1.0338 required to confirm and open immediate targets at 1.0357, 19 Apr high / Fib 38.2% of 1.0581/1.0220 fall and 1.0400, 14 Apr high / 50% retracement. Hourly structure remains positive, while 4h indicators are breaking above their midlines.

Res: 1.0336, 1.0357, 1.0400, 1.0443
Sup: 1.0300, 1.0261, 1.0230, 1.0220


]]> Forex trading and Stock Market WindsorBrokers http://www.exchangemoneyplace.com/forex-trading-stock-market/21574-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html http://www.exchangemoneyplace.com/forex-trading-stock-market/21553-windsor-brokers-short-term-technical-analysis-majors-07-00-gmt.html Wed, 24 Apr 2013 09:48:37 GMT *EUR/USD* The remains weak, following yesterday’s fall that cracked 1.3000 support and dipped to 1.2972, where the pair found temporary footstep... EUR/USD

The remains weak, following yesterday’s fall that cracked 1.3000 support and dipped to 1.2972, where the pair found temporary footstep at 50% retracement of 1.2744/1.3200 rally. With quiet overnight trading, concentrated around 1.3000 handle, near-term focus is shifted towards the downside, as 1 and 4h studies hold negative tone and daily diamond pattern has been completed. Penetration through 1.2972 would look for another significant support zone at 1.2930/20, 200 day MA / Fib 61.8% retracement. The upside is seen capped at 1.3080/1.3100, while clearance of 1.3130 barrier would turn focus towards the upside.

Res: 1.3027, 1.3050, 1.3083, 1.3100
Sup: 1.2972, 1.2930, 1.2918, 1.2900









GBP/USD

Cable continues to trade within 1.5200/1.5300 range, as yesterday’s fresh attempt through the near-term base failed. Near-term studies remain negatively aligned and keep 1.5200 in focus, while 1.5286/1.5300 highs are expected to limit the upside attempts. From the other side, larger picture bulls remain in play, as pullback from 1.5410 high, found support at 50% of 1.4830/1.5410 ascend and bull trendline off 1.4830 at 1.5200 zone. Violation of the latter would weaken the daily structure and sideline bulls from 1.4830, in favor of further reversal.

Res: 1.5286, 1.5300, 1.5328, 1.5367
Sup: 1.5225, 1.5200, 1.5175, 1.5121









USD/JPY

The pair recovered most of 22/23 Apr reversal, when repeated failure on approach to 100.00 barrier triggered fresh weakness. With dips finding support at 98.50 and fresh strength through 99.00, approaching 100.00 barrier, near-term bulls are fully in play. Yesterday’s price action was briefly interrupted by news that triggered increased volatility, but price quickly returned to its initial direction. Studies on 1 and 4h charts maintain positive tone and keep the upside favored for another attempt at psychological 100.00 barrier, while 99.00 offers initial support and 98.50, reinforced by ascending 55 day EMA, expected to protect the downside.

Res: 99.74, 99.87, 99.93, 100.00
Sup: 99.22, 99.00, 98.50, 98.00








AUD/USD

The pair remains under pressure, as recovery attempt off yesterday’s fresh low at 1.0220, stayed limited under initial 1.0300 barrier. Downside acceleration, seen overnight and triggered by weaker than expected Australian data, maintain negative sentiment for renewed attempt at 1.0220 and psychological 1.0200 support, ahead of med-term range support at 1.0114, low of 04 Mar 2013.


Res: 1.0274, 1.0300, 1.0336, 1.0357
Sup: 1.0230, 1.0220, 1.0200, 1.0114


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