daily signals Archives

Morning  Signals – Friday , 23 Dec – 2011  09 : 10 AM GMT

EUR/USD
Trend: Upward
Buy EUR/USD at 1.3073  SL 1.3033 TP 1.3103
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GBP/USD
Trend: Upward
Buy GBP/USD at 1.5698  SL 1.5658  TP 1.5728
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USD/JPY
Trend: Downward
Sell USD/JPY at 78.03  SL 78.43  TP 77.73
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USD/CHF
Trend: Downward
Sell USD/CHF at 0.9350  SL 0.9390  TP 0.9320
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EUR/USD Signal- December 22, 2011

  • 22 December 2011 1:00 PM GMT

By: Fadi Steitie

Currency: EUR/USD
Trend Expected Direction: Down
Strategy: Elliott Waves and Fibonacci Trading.
Description:I think we completed wave iv and forming wave v. Trend
position is (ii) of v and will fall to (iii), (iv) and (v). It is at
0.5 now with a heavy resistance.
Action: Short the pair
Target Area: 1.28350
Stop Loss: 1.3200
Risk: 100%

EUR/USD Signal 12/22/11

Morning  Signals – Thursday , 22 Dec – 2011  08 : 10 AM GMT

EUR/USD
Trend: Upward
Buy EUR/USD at 1.3107  SL 1.3067 TP 1.3137
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GBP/USD
Trend: Upward
Buy GBP/USD at 1.5713  SL 1.5673  TP 1.5743
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USD/JPY
Trend: Downward
Sell USD/JPY at 78.02  SL 78.42  TP 77.72
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USD/CHF
Trend: Downward
Sell USD/CHF at 0.9312  SL 0.9352  TP 0.9282
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Forecast for December 22nd, 2011 From RoboForex

EUR/USD

The EUR/USD currency pair has tested the broken neckline, and currently we should expect the price to fall down to new minimums. The test of the trend’s descending line at the RSI is an additional signal to sell the pair.

At the H1 chart of the pair we can see that the price is forming a signal to sell it. The trend’s rising line at the RSI has been broken, we should expect the test of the similar line at the price chart. One can consider selling the pair with the tight stop and increase the amount of short positions only after the price breaks the lower border and leaves the rising channel.

GBP/USD

Pound is testing the resistance level, we should expect it to rebound from the level and start moving downwards with the target in the area of 1.5400. At shorter time frames we have “head and shoulders” reversal pattern forming with the target in the area of 1.5570, one can consider selling the pair with the tight stop at current prices. If the price breaks the resistance level, this case scenario will be cancelled.

At the H1 chart of the pair the breaking of the trend’s rising line at the RSI will be an additional signal to sell the pair. The closest target of the fall here is the area of 1.5550.

NZD/USD

At the daily chart of the NZD/USD currency pair the price continues moving inside the descending pattern, the target of the fall is the area of 0.7195. The RSI indicator faced the resistance from the trend’s descending line. If the price breaks the upper border and leaves the descending channel, this case scenario will be cancelled.

OIL

The price has tested the trend’s rising line at the RSI, we should expect it to rebound from the line and start moving downwards. The closest target of the fall is the area of 90.00, the next one – the level of 76.50. If the price reaches a new maximum at the level of 99.00, this case scenario will be cancelled.

Morning  Signals – Wednesday , 21 Dec – 2011  08 : 05 AM GMT

EUR/USD
Trend: Upward
Buy EUR/USD at 1.3124  SL 1.3084 TP 1.3154
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GBP/USD
Trend: Upward
Buy GBP/USD at 1.5717  SL 1.5677  TP 1.5747
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USD/JPY
Trend: Downward
Sell USD/JPY at 77.72  SL 78.12  TP 77.42
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USD/CHF
Trend: Downward
Sell USD/CHF at 0.9278  SL 0.9318  TP 0.9248
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Morning  Signals – Monday , 19 Dec – 2011  08 : 15 AM GMT

EUR/USD
Trend: Upward
Buy EUR/USD at 1.3022  SL 1.2982 TP 1.3052
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GBP/USD
Trend: Upward
Buy GBP/USD at 1.5508  SL 1.5468  TP 1.5538
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USD/JPY
Trend: Downward
Sell USD/JPY at 77.94  SL 78.34  TP 7764
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USD/CHF
Trend: Downward
Sell USD/CHF at 0.9362  SL 0.9402  TP 0.9332
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Morning  Signals – Friday , 16 Dec – 2011  08 : 30 AM GMT

EUR/USD
Trend: Downward
Sell EUR/USD at 1.3009  SL 1.3049 TP 1.2979
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GBP/USD
Trend: Downward
Sell GBP/USD at 1.5498  SL 1.5538  TP 1.5468
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USD/JPY
Trend: Upward
Buy USD/JPY at 77.96  SL 77.56  TP 78.26
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USD/CHF
Trend: Upward
Buy USD/CHF at 0.9411  SL 0.9371  TP 0.9441
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Morning  Signals – Thursday , 15 Dec – 2011  07 : 45 AM GMT

EUR/USD
Trend: Upward
Buy EUR/USD at 1.3014  SL 1.2974 TP 1.3044
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GBP/USD
Trend: Upward
Buy GBP/USD at 1.5471  SL 1.5431  TP 1.5501
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USD/JPY
Trend: Downward
Sell USD/JPY at 77.99  SL 78.39  TP 77.69
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USD/CHF
Trend: Downward
Sell USD/CHF at 0.9497  SL 0.9537  TP 0.9467
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Morning  Signals – Tuesday, 13 Dec – 2011  08: 20 AM GMT

EUR/USD
Trend: Upward
Buy EUR/USD at 1.3210  SL 1.3170 TP 1.3240
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GBP/USD
Trend: Upward
Buy GBP/USD at 1.5620  SL 1.5580  TP 1.5650
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USD/JPY
Trend: Downward
Sell USD/JPY at 77.70  SL 78.10  TP 77.40
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USD/CHF
Trend: Downward
Sell USD/CHF at 0.9355  SL 0.9395  TP 0.9325
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Morning  Signals – Monday , 12 Dec – 2011  09: 05 AM GMT

EUR/USD
Trend: Upward
Buy EUR/USD at 1.3322  SL 1.3282 TP 1.3352
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GBP/USD
Trend: Upward
Buy GBP/USD at 1.5595  SL 1.5555  TP 1.5625
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USD/JPY
Trend: Downward
Sell USD/JPY at 77.71  SL 78.11  TP 77.41
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USD/CHF
Trend: Downward
Sell USD/CHF at 0.9262  SL 0.9302  TP 0.9232
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