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

Weekly Forex Analysis for the Week of July 1st until July 5th, 2013

                 Potentially Very Profitable Week in the Markets              

Remarkable opportunities are available in the various financial markets. We’ll have interest rate decision coming out from the European Central Bank, the Bank of England and the Reserve Bank of Australia. Additionally there will be speeches from some very influential people whose words are sure to cause massive moves in the markets. Bank of Japan’s Governor Kuroda is among those who will addressing the world on monetary policy. This is the week that one must trade and be prepared to see outstanding profits if appropriately positioned.


                             Technial Trading Plan for

the week of July 1st until July 5th, 2013

 

EUR/USD

 

RESISTANCE	R1:  1.30753	R2:  1.31029	R3:  1.31143
SUPPORT	S1:  1.30039	S2:  1.29875	R3:  1.29748

USD/JPY

 

RESISTANCE	R1:  99.450	R2:  99.813	R3:  103.626
SUPPORT	S1:  99.191	S2:  99.107	R3:    98.950

 

USD/ZAR

 

RESISTANCE	R1:  9.91907	R2:   9.96838	R3:  10.01026
SUPPORT	S1:  9.83194	S2:   9.78198	R3:    9.68662

 

XAU/USD – GOLD

 

RESISTANCE	R1:  $1,254.82	R2: $1,277.75	R3:  $1,299.65
SUPPORT	S1:  $1,237.47	S2: $1,224.54	R3:  $1,199.99

 

S & P Futures

 

RESISTANCE	R1: 1,600.17	R2:  1,604.92	R3: 1,608.22
SUPPORT	S1: 1,592.67	S2:  1,588.05	R3: 1,581.93