日本語
Español
中文
Русский 
Français
- New York 18:00
- London 22:00
- Barcelona 23:00
- Tokyo 07:00
- Sydney 09:00
- RATES & CHARTS
- NEWS
- FUNDAMENTAL
- TECHNICAL
- TOOLS
- METATRADER
- LIVE
- EDUCATION
- FORUM
- SERVICES
- BROKERS & FDMs
- Premium
FX Thoughts for the Day
Thu, Mar 19 2009, 11:51 GMT
by Kshitij Consultancy Service Team
Kshitij Consultancy Services | View company's profile
EURO, JAP YEN and EURO-YEN
Read our current comments and trade recommendations on EUR-USD, USD-JPY and EUR-JPY by registering to our newsletter.
USD-CHF @ 1.1294/99...Plunges once again
-----------------------------------
R: 1.1555 / 1.1567-87 / 1.1621
S: 1.1273 / 1.1194-75 / 1.1117
Next Support level for Swiss is at 1.1175 (50% retracement of the rise from 1.0367 to 1.1967). Dollar-Swiss is being butchered further even after it dipped towards 1.13 our target mentioned in the morning. It might possiblty rest near 1.1194 where exists the 200-day MA if it sees a dip past the 100-week MA at 1.1275. Our Projected Max Low for the day is also at 1.1273, it might not be able to hold on to the Support going by the momentum.
GBP-USD @ 1.4487/91...Surges past 1.45
-------------------------------------
R: 1.4667-75 / 1.4707 / 1.5005
S: 1.4271 / 1.4027
Cable has surged past 1.4500 mentioned in the morning. Now, will it follow the trend mentioned in the morning by dipping from hereon to top out near the current level? Could be possible. If that were to happen, the pair could soon be preparing for journey downhill towards 1.3700 else there's 100-day MA at 1.4675 which might be tested. Whatever said and done! These markets have grown extremely volatile now. To see the chart of Cable, click on: http://www.kshitij.com/graphgallery/gbpcandle.shtml#candle
AUD-USD @ 0.6882/87...Holding Long
---------------------------------
R: 0.7005 / 0.7251
S: 0.6714 / 0.6660 / 0.6600
Aussie inched higher towards the target of 0.70 for the time being which is soon likely to be revised to 0.7250. We would match the market for such a rise. We have gone Long in Aussie following the trend. Though we expected the surge to be towards 0.6850, the rising Momentum outdid the target. A dip is likely to be contained near the Resistance-turned-Support region of 0.6640-00. However, the double bottom on the weekly charts, looks confirmed for the pair.
Holding:
Long AUD 10K at 0.6881, SL 0.6790, TP 0.7000
Happy Trading!
Published on Thu, Mar 19 2009, 12:40 GMT
Kshitij Consultancy Services
http://www.fxthoughts.com | info@kshitij.com
Archive
- FX Thoughts for the Day
Published On Fri, Mar 19 2010, 11:42 GMT - FX Thoughts for the Day
Published On Thu, Mar 18 2010, 12:49 GMT - FX Thoughts for the Day
Published On Wed, Mar 17 2010, 12:22 GMT - FX Thoughts for the Day
Published On Tue, Mar 16 2010, 11:28 GMT - FX Thoughts for the Day
Published On Mon, Mar 15 2010, 12:22 GMT
Legal disclaimer and risk disclosure
These views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsibly for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.Related reports
USD higher, Greek debt worries, India hikes rates by Easy Forex
Fri, Mar 19 2010, 18:04 GMT
Stock Traders focusing on Quadruple Witching by ForexHound.com
Fri, Mar 19 2010, 14:36 GMT
Discount rate discussions keeping floor under bonds by Interactive Brokers LLC
Fri, Mar 19 2010, 14:29 GMT
GoldCore Update: Sterling Gold Near Record Highs as Election Looms and Economic Outlook Uncertain by GoldCore
Fri, Mar 19 2010, 14:28 GMT
U.S. Dollar strengthens Overnight; Risk Aversion Highlighted by ForexHound.com
Fri, Mar 19 2010, 14:26 GMT
Related content
Forex: Cable fell sharply on Friday
FXstreet.com | Fri, Mar 19 2010, 19:19 GMT
Forex: AUD up from lows and sleepy ahead weekend
FXstreet.com | Fri, Mar 19 2010, 17:25 GMT
Forex: GBP/USD breaks below 1.5100, approaching 1.5000
FXstreet.com | Fri, Mar 19 2010, 15:16 GMT
Commodities: Gold shattered in seconds
FXstreet.com | Fri, Mar 19 2010, 14:42 GMT
Forex: GBP/USD falls to test 1.5100
FXstreet.com | Fri, Mar 19 2010, 14:05 GMT
Interested in forex trading? forex brokerage firms!
GET CASH BACK FOR YOUR TRADES! Learn more about the Pip Rebate Program
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2010 "FXstreet.com. The Forex Market" All Rights Reserved.