| Author's today's articles: Arief Makmur - Official analytic of InstaForex Companies Group Born May, 15th/1970 at Jakarta; Graduate from Trisakti University in 1998 at Major Corporate & Bussiness Law. Starting in Finance World in 1998 at Jakarta Stock Exchange & Familliar with Forex Market since December 2003. Mourad El Keddani - Official analytic of InstaForex Companies Group Was born in Oujda, Morocco. Currently lives in Belgium. In 2003 obtained B.S. in Experimental Sciences. In 2007 obtained a graduate diploma at Institut Marocain Specialise en Informatique Applique (IMSIA), specialty � Software Engineering Analyst. In 2007�2009 worked as teacher of computer services and trainer in a professional school specializing in computer technologies and accounting. In 2005 started Forex trading. Authored articles and analytical reviews on Forex market on Forex websites and forums. Since 2008 performs Forex market research, and develops and implements his own trading strategies of Forex analysis (especially in Forex Research & Analysis, Currency Forecast, and Recommendations and Analysis) that lies in: Numerical analysis: Probabilities, equations and techniques of applying Fibonacci levels. Classical analysis: Breakout strategy and trend indicators. Uses obtained skills to manage traders� accounts since 2009. In April 2009 was certified Financial Technician by the International Federation of Technical Analysts. Winner of several social work awards: Education Literacy and Non-Formal Education (in Literacy and Adult Education in The National Initiative for Human Development). Languages: Arabic, English, French and Dutch. Interests: Algorithm, Graphics, Social work, Psychology and Philosophy. "The world is moved not only by the mighty shoves of the heroes, but also by the aggregate of the tiny pushes of each honest worker" Helen Keller Harsh Japee - Official analytic of InstaForex Companies Group Official analyst of InstaForex Companies Group. Born on 4th February 1977. Studied Bachelor of Computer Science and Engineering, Dgyneshwar Vidhyapeeth, Pune, India. Work Experience:Worked as a Network Specialist and was involved in many Wide Area Network implementation projects for Corporates and Stock Exchanges in India. Got involved into Forex Markets, since early 2006. Developed Trading Sills and became an FX Technical Trainer since March 2008. Currently visiting premier B-Schools as a Technical Trainer and also serving at Ahmedabad Management Association. With Divine Blessings of Guruji have personally trained around 750+ participants in Gujarat since March 2008. Also acting as a Currency Hedging Advisor to a few Export-Import Companies in Ahmedabad, Gujarat. Authored "FX Technical Traders Handbook" published by Ahmedabad Management Association. Interests: Light Music, Meditation, Serving Less Priviledged. "When One Understands "Who am I", All Problems are Solved." By Our Divine Guruji, Dhyanyogi Shri Madhusudasji Maharaj EUR/USD Intraday Technical Levels for October 26, 2012 2012-10-26  TODAY's TECHNICAL LEVELS: Breakout BUY Level: 1.3000. Strong Resistance: 1.2992. Original Resistance: 1.2980. Inner Sell Area: 1.2968. Target Inner Area: 1.2937. Inner Buy Area: 1.2932. Original Support: 1.2894. Strong Support: 1.2881. Breakout SELL Level: 1.2874. DESCRIPTION: Today EUR/USD has support and resistance at 1.2894 and 1.2980. The rate is accompanied by strong support at 1.2881 and by 1.2992 as strong resistance. If EUR/USD breaks out and closes below 1.2874 level today, then it will indicate considerable bearish strength. Meanwhile, if EUR/USD manages to break out and closes above 1.3000 level, then it will denote high bullish strength. Alternatively, for advance traders, you can trade in a way to open a BUY position at the level of 1.2932 and at 1.2968 – a SELL position. In this case both targets should be located at the level of 1.2937. Best regards, Arief Makmur Official Analyst of InstaForex Companies Group InstaForex Companies Group http://instaforex.com E-mail: Arief.jakarta@indo.instaforex.com USD/JPY Intraday Technical Levels for October 26, 2012 2012-10-26  TODAY's TECHNICAL LEVELS: Resistance 3: 80.61. Resistance 2: 80.45. Resistance 1: 80.29. Support 1: 80.10. Support 2: 79.94. Support 3: 79.78. DESCRIPTION: Please, pay attention to the levels of support 3 (79.78) and resistance 3 (80.61). In general, when a level is touched, USD/JPY will rebound from the previous minimum by 10 to 20 pips, but if the levels are broken through by over 50 pips, then it will be a sign that these currencies have found trends today. Best regards, Arief Makmur Official Analyst of InstaForex Companies Group InstaForex Companies Group http://instaforex.com E-mail: Arief.jakarta@indo.instaforex.com NZD/USD: (Bearish Market: 0.8233) Technical Analysis for October 26, 2012 2012-10-26 Overview: The NZD/USD pair is expected to continue the movement from the point of 0.8165. Thus, the kiwi shows the signs of strength, following the breakdown of the highest level 0.8165. This fact can be considered as a good signal for BUY deals above this strong support (0.8165) with the first targets at 0.8230 (it will serve as a strong resistance level and is considered to be appropriate for take profit orders). It is necessary to mention that this level will coincide with the weekly resistance 2 (0.8287). However, in case of the reverse movement and if the NZD/USD pair fails to break through the resistance level of 0.8287, the market will show a further decline to the level of 0.8165 (it is the weekly pivot point) indicating a bearish mood in order to retest the weekly support 1 at the level of 0.8103.   Weekly Pivot Points: R3: 0.8344 R2: 0.8287 R1: 0.8222 PP: 0.8165 S1: 0.8100 S2: 0.8043 S3: 0.7978 If you have any questions or requests, please feel free to contact me mourad.elkeddani@analytics.instaforex.com. EUR/CHF: Technical Analysis (Long Term) for October 26, 2012 2012-10-26 Forecast: At 1.2 / 1.206 a strong level (Support) will be formed providing a clear signal for buy deals with the target seen at the 1.2270 level. Stop loss is to be placed below 1.1850.  Overview: EUR/CHF: The market is still showing signs of strength following the break above 1.2000, now it could rebuy at the spot of 1.2060. Therefore, it will turn to a strong support. In such case, a stronger rise should be seen towards 1.2270 resistance for confirmation. Moreover, the trend is still above 50% Fibonacci retracement level, thus it will be a good sign to buy above 1.2 (rebuy at 1.2060), and sell below 1.1950. Types of Analysis: - Fundamental analysis: the Swissie is also quoted amid the promise to “buy unlimited euro” in order to support this market. - Technical analysis: on a daily chart the level of 1.2 coincides with the golden ratio (61.8% of Fibonacci retracement levels), then it indicates a bullish market. - Sentiment analysis: psychological level is at 1.2000, in this case one should be patient to keep the trade till the end. - Money management: always invest 3% - 7% of the capital (composite) per all trades, always risk (stop loss) 1% - 5% of the capital per all trades, and always trade high risk ratio - trade at least 1/2. - Period: long-term. - Stop loss must be set at 1.1950. If you have any questions or requests, please feel free to contact me: mourad.elkeddani@analytics.instaforex.com. GbpChf Breaks First Resistance at 1.5050 Level 2012-10-26  Technical Outlook and Chart Setups: Yesterday was a bullish day for the single currency pair, racing through measured resistance R1, as it is depicted above. Looking into the developments that were seen for the last 24 hours, we are coming to the following conclusions. 1. 1.4700 Support remains intact, and the single currency pair races past first measured resistance at 1.5050 level. 2. Hourly Chart suggests that this rally in 5 waves is impulse. Move probable move should be a retracement towards 1.4920/50 levels. 3. One can expect higher levels above R2 i.e. 1.5250 and above; one retracement is done. 4. Intermediary support now is around 1.4800/20 levels. Trading Recommendations: 1. Stop placed at 1.5100 is still intact, look for a pullback around 1.4950. 2. Exit short positions around 1.4950, switch to longs placing stop below 1.4800, and target 1.4250 plus. Good Luck! EurJpy Pullsback From Resistance, 104.75 Level Still Possible 2012-10-26  Technical Outlook and Chart Setups: All right, the single currency respects resistance at 104.20/30 levels and pulls back. Fine till now, but it does not still confirm a bearish view, aggressively. It is still possible that the ongoing consolidation between 103.00 and 104.50 breaks out to fresh highs before a meaningful correction. It is humbly recommended, to cover short positions taken yesterday between 104.20/30, at least for now. Intermediary support stands at 103.00 at the moment and a break down would suggest a move lower towards 102.00 level, as it was discussed yesterday. But a bullish bounce at current levels around 103.20/30 levels would still take prices to 104.75 level before reversing. Exit short positions for now. Trading Recommendations: 1. Exit short positions if they were taken yesterday. 2. Aggressive trade strategy would be to go long, stop at 102.90, and target above 104.50/60. Reverse on a stop trigger. 3. Conservative trade strategy would be to go short on a break of 103.00 or on a rally towards 104.70 level. Good Luck! Subscription's options management Theme's: Fundamental analysis, Fractal analysis, Wave analysis, Technical analysis, Review, Forecast, Stock Markets Author's : Alexander Dneprovskiy, Aleksey Goncharov, Maxim Magdalinin, Stanislav Polyanskiy, Alexey Portnov, Natalia Grigorieva, Aleksey Almazov, Asri Mahmood, Denis Strelkov, Arief Makmur, Gleb Kabanov, Vadim Idrisov, Gerardo Porras Palomino, Albert Fitoussi, Sergey Dushechkin, Mohamed Samy, Vyacheslav Belousov, Oleg Khmelevskiy, Mourad El Keddani, Sergey Litvinenko, Muzammil Hussain Bhatti, Grigory Sokolov, Mohamed Nour Elden Beshir, Yuriy Zaycev, Andrey Syrbu, Harsh Japee, Dmitriy Demidenko, Azeez Mustapha, Nikita Kabanovs, Ahsan Aslam
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