Majors

USDJPY stays below downward trend line

By at 16 October, 2014, 2:42 am

USDJPY stays below downward trend line

USDJPY stays below the downward trend line on 4-hour chart, and remains in downtrend from 110.08, and the fall extended to as low as 105.32. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 104.50 area. On the upside, a clear break above …

EURUSD failed to break above 1.2791 resistance

By at 15 October, 2014, 3:38 am

EURUSD failed to break above 1.2791 resistance

EURUSD failed to break above 1.2791 resistance, and stayed in the trading range between 1.2500 and 1.2791. However, the fall from 1.2791 would possibly be correction of the uptrend from 1.2500, as long as 1.2500 support holds, one more rise to 1.2850 area could be expected. On the downside, a breakdown below 1.2500 support will …

EURUSD is now in uptrend from 1.2500

By at 13 October, 2014, 2:55 am

EURUSD is now in uptrend from 1.2500

EURUSD is now in uptrend from 1.2500, the fall from 1.2791 is likely correction of the uptrend. Key support is at 1.2500, as long as this level holds, the uptrend could be expected to resume, and one more rise to 1.2850 area to complete the upward movement is possible. On the downside, a breakdown below …

EURUSD continued its downward movement from 1.2994

By at 6 October, 2014, 3:31 am

EURUSD continued its downward movement from 1.2994

After consolidation, EURUSD continued its downward movement from 1.2994, and the fall extended to as low as 1.2500. Near term resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, further decline could be expected and next target would be at 1.2200 area. Key resistance is …

Majors Daily Forecast 30 September 2014

By at 30 September, 2014, 9:06 am

Majors Daily Forecast 30 September 2014

EUR/USD Risk reward: 1.59 Trend: Down Sell at 1.2703 SL 1.2735 TP 1.2652 USD/JPY Risk reward: 1.72 Trend: Up Buy at 109.21 SL 108.89 TP 109.76 GBP/USD Risk reward: 2.09 Trend: Strong Up Buy at 1.6249 SL 1.6217 TP 1.6315 USD/CHF Risk reward: 1.34 Trend: Up Buy at 0.9498 SL 0.9466 TP 0.9541 The current …

Majors Daily Forecast 29 September 2014

By at 29 September, 2014, 7:51 am

Majors Daily Forecast 29 September 2014

EUR/USD Risk reward: 2.06 Trend: Strong Up Buy at 1.2663 SL 1.2631 TP 1.2729 USD/JPY Risk reward: 1.50 Trend: Up Buy at 109.35 SL 109.03 TP 109.83 GBP/USD Risk reward: 2.12 Trend: Strong Up Buy at 1.6215 SL 1.6183 TP 1.6283 USD/CHF Risk reward: 1.66 Trend: Down Sell at 0.9532 SL 0.9564 TP 0.9479 The …

Majors Daily Forecast 26 September 2014

By at 26 September, 2014, 7:56 am

Majors Daily Forecast 26 September 2014

EUR/USDRisk reward: 2.09Trend: Strong DownSell at 1.2757 SL 1.2789 TP 1.2690USD/JPYRisk reward: 1.78Trend: UpBuy at 108.84 SL 108.52 TP 109.41GBP/USDRisk reward: 2.00Trend: DownSell at 1.6315 SL 1.6347 TP 1.6251USD/CHFRisk reward: 1.69Trend: UpBuy at 0.9460 SL 0.9428 TP 0.9514The current support/resistance levels are:EUR/USD 1.2687, 1.2661, 1.2620 – 1.2827, 1.2853, 1.2894USD/JPY 108.22, 108.00, 107.65 – 109.46, 109.68, …

© 2014 FXM8.com All Rights Reserved | Terms of Service Log in | Register
Saturday, 25 October 2014,