Monday, July 29, 2013

Forex Review

Analysis for the week of July 29th until August 2nd, 2013

 
Technical Trading Plan

EUR/USD
 

RESISTANCE
R1:  1.32812
R2:  1.32952
R3:  1.33254
SUPPORT
S1:  1.32679
S2:  1.32551
R3:  1.32373 

USD/JPY
 

RESISTANCE
R1:  98.162
R2: 98.296
R3: 98.492
SUPPORT
S1:  97.747
S2: 97.453
R3: 96.951

 USD/ZAR


RESISTANCE
R1:  9.85280
R2: 9.95562
R3: 10.05765
SUPPORT
S1:  9.75825
S2: 9.67565
R3:   9.62550

 XAU/USD – GOLD


RESISTANCE
R1:  $1,334.52
R2: $1,339.70
R3:  $1,345.41
SUPPORT
S1:  $1,323.24
S2: $1,316.91
R3:  $1,310.63

 
S & P Futures


RESISTANCE
R1:  1,687.82
R2:  1,694.34
R3: New Highs
SUPPORT
S1:  1,671.49
S2:  1,666.41
R3:  1,667.42

 
JSE – Johannesburg Stock Exchange


RESISTANCE
R1:  36,600.63
R2:  37,105.26
R3: 37,609.90
SUPPORT
S1:  35,745.83
S2:  35,498.66
R3:  34,757.15

 

Monday, July 22, 2013

Forex Review


Weekly Forex Analysis for the week of July 22nd until July 26th 2013

 

 

Technial Trading Plan



EUR/USD
 
RESISTANCE
R1:  1.31790
R2:  1.31803
R3:  1.32000
SUPPORT
S1:  1.31178
S2:  1.30728
R3:  1.29929

USD/JPY
 
RESISTANCE
R1:  101.409
R2:  103.293
R3:  New High
SUPPORT
S1:     98.837
S2:    96.953
R3:   96.590

USD/ZAR
 

RESISTANCE
R1:  9.93041
R2:  10.07171
R3:  10.19534
SUPPORT
S1:  9.78469
S2:    9.58158
R3:    9.32106

XAU/USD – GOLD


RESISTANCE
R1:  $1,320.40
R2: $1,376.13
R3:  $1,418.24
SUPPORT
S1:  $1,270.86
S2: $ 1,233.70
R3:  $1,210.17

 S & P Futures
 
RESISTANCE
R1:  1,691.12
R2:  1,693.33
R3: NEW HIGH
SUPPORT
S1:  1,687.74
S2:  1,685.52
R3:  1,681.61

 JSE – Johannesburg Stock Exchange
 

RESISTANCE
R1:  36,704.57
R2:  36,745.62
R3: 37,660.80
SUPPORT
S1:  35,892.01
S2:  35,547.28
R3:  34,574.64

Monday, July 15, 2013

Weekly Forex Analysis for the week of July 15th until July 19th, 2013


Weekly Forex Analysis for the week of July 15th until July 19th 2013

 

 

Technial Trading Plan for the week of July 15th until July 19th, 2013

 
EUR/USD
 
RESISTANCE
R1:  1.31055
R2:  1.31500
R3:  1.31954
SUPPORT
S1:  1.30052
S2:  1.28975
R3:  1.27667

USD/JPY
 

RESISTANCE
R1:  99.767
R2:  101.408
R3:  103.234
SUPPORT
S1:  97.039
S2:    93.852
R3:    92.599

 

USD/ZAR
 

RESISTANCE
R1:  10.27312
R2:  New Highs
R3:  New Highs
SUPPORT
S1:    9.85657
S2:   9.62865
R3:  9.32738

 XAU/USD – GOLD
 

RESISTANCE
R1:  $1,321.57
R2: $1,356.13
R3:  $1,414.00
SUPPORT
S1:  $1,221.12
S2: $1,200.00
R3:  New Lows

S & P Futures


RESISTANCE
R1:  New Highs
R2:  New Highs
R3: New Highs
SUPPORT
S1:  1,647.63
S2:  1,633.78
R3:  1,614.00

JSE – Johannesburg Stock Exchange

 
RESISTANCE
R1:  36,287
R2:  36,716.99
R3: New Highs
SUPPORT
S1:   35,592.58
S2:  35,308.46
R3:  34,794.62

 

Monday, July 8, 2013

Weekly Forex Analysis for the Week of July 8th until July12th, 2013



Trend for the Markets Remain Strong

This week is important for the markets. If the trend stays its course then further strength in the dollar index could extend the weakness of some of the actively traded FX pairs. Among the currencies that investors and traders are watching this week are the EUR/USD, GBP/USD, AUD/USD and USD/CHF.  Aside from the currencies, the indices also remain hot games with the Johannesburg Stock Exchange (JSE – SEP13), S&P500 (SP- SEP13) and the Nikkei (NK – SEP13) in focus. Crude Oil (CL – AUG13) appears to have some more upside, though it seems good for a counter-trend scalp trade. Given the technicals, it’s going to take quite a surprise to change the sentiment among market participants. This could come in the form of words from US Fed chairman Bernanke, ECB president Trichet or from the Bank of Japan press conference. The necessary ingredients for this change are certainly present this week.

Technial Trading Plan for the week of
July 8th until July 12th, 2013

EUR/USD
 
RESISTANCE
R1:  1.28309
R2:  1.28962
R3:  1.29198
SUPPORT
S1:  1.28128
S2:   New Lows
R3:  New Lows

USD/JPY

 
 
RESISTANCE
R1:  101.70
R2:  101.87
R3:  103.211
SUPPORT
S1:  100.92
S2:    99.951
R3:   99.437

 USD/ZAR


RESISTANCE
R1:  10.32751
R2:  New Highs
R3:  New Highs
SUPPORT
S1:  10.09684
S2:  9.95587
R3:  9.84481

 XAU/USD – GOLD



RESISTANCE
R1:  $1,223.38
R2: $1,239.84
R3:  $1,256.99
SUPPORT
S1:  $1,217.99
S2: $1,190.22
R3:  New Lows

S & P Futures
 

RESISTANCE
R1:  1,630.83
R2:  1,631.10
R3: New Highs
SUPPORT
S1:  1,217.99
S2:  1,190.22
R3:  1,621.20

 JSE – Johannesburg Stock Exchange

 

RESISTANCE
R1:  34,902.76
R2:  35,083.86
R3: 35,294.09
SUPPORT
S1:  34,609.68
S2:  34,566.00
R3: 34,201.24