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

 

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

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 15^th until July 19^th, 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

 

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 8^th until July 12^th, 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