Add your banner 728x90 on Top for 3, 7, 15, 30 days advertising...

Talk-HYIP Buttons

Go Back   Money Making Forum - HYIP Listings > Other Ways to Make/Save Money > Forex Trading / Day Trading
User Name

Thread Tools Display Modes
Old 11-14-2013, 10:23 AM
alayoua alayoua is offline
Senior Investor
Join Date: Jul 2011
Posts: 537
Default Forex Technical & Market Analysis FXCC Nov 14 2013

Forex Technical & Market Analysis FXCC Nov 14 2013

Fed chairperson delegate Janet Yellen states USA far from being able to taper asset purchase programme.

French and German preliminary GDP figures are published on Thursday, Germany's is expected in at 0.3% with France's at 0.1%. Italy's is expected in at -0.3%. Europe's flash GDP number is expected in at 0.2%. The ECB will publish its monthly bulletin on Thursday, whilst the UK's retail sales are expected to be flat, but could register a fall if consumers keep their hands in their pockets with Xmas being so close. Canada's trade balance is expected in at $1.2 bn for the month, whilst the USA trade balance for the month is expected in at -$34 billion, a near mirror opposite of Germany's positive ?34 billion figure. Unemployment claims in the USA for the week are predicted in at 331K. The weekly oil and gas storage inventory data is published with oil expected in at a low print of 0.7. The DJIA closed up 0.45% on Wednesday, the SPX up 0.81% and the NASDAQ up 1.16%. European markets were mainly in the red; STOXX down 0.45%, CAC down 0.56%, DAX down 0.24% and UK FTSE down a substantial 1.44% after a negative reaction to the UK's BoE inflation report. Looking towards the market opening on Thursday November 14th the DJIA future is up 0.44%, SPX up 0.82% and the NASDAQ up 1.1%. The STOXX index is down 0.53%, DAX doe 0.36% and CAC down 0.55%. NYMEX WTI oil is up 0.60% at $93.60 per barrel, NYMEX nat gas is down 1.58% $3.56 per therm, COMEX gold is up 0.87% at $1282 per ounce, COMEX silver down 0.78% at $20.62 per ounce.

2013-11-14 09:00 GMT | EMU ECB Monthly Report
2013-11-14 09:30 GMT | UK Retail Sales (YoY) (Oct)
2013-11-14 10:00 GMT | EMU Gross Domestic Product s.a. (YoY) (Q3)
2013-11-14 15:00 GMT | FOMC Member Yellen Speech

2013-11-14 06:38 GMT | GBP/USD had “abc” correction in first few hours of Asian session; now working higher
2013-11-14 05:48 GMT | BoE's Fisher: we won't raise rates any time soon
2013-11-14 05:06 GMT | Nikkei surges above 2% in sympathy with Wall Street
2013-11-14 05:00 GMT | USD/CHF continues expected pullback – with extra “oomph” from Fed’s dovish comments

HIGH 1.34976 LOW 1.34631 BID 1.34675 ASK 1.34678 CHANGE -0.13% TIME 08 : 44:13

TREND CONDITION Upward penetration

MARKET ANALYSIS - Intraday Analysis

Upwards scenario: Instrument gained momentum on the upside recently, turning short-term bias to the positive side. Next resistive structure on the way lies at 1.3495 (R1), break here would suggest next intraday targets at 1.3519 (R2) and 1.3542 (R3). Downwards scenario: Possible downside extension is limited now to the support level at 1.3456 (S1). Break here is required to open a route towards to next target at 1.3433 (S2) and then any further easing would be targeting final support at 1.3410 (S3).

Resistance Levels: 1.3495, 1.3519, 1.3542
Support Levels: 1.3456, 1.3433, 1.3410

HIGH 1.60651 LOW 1.60272 BID 1.60390 ASK 1.60396 CHANGE -0.1% TIME 08 : 44:15

TREND CONDITION : Upward penetration

Upwards scenario: GBPUSD is approaching our next resistive measure at 1.6079 (R1). Break here is required to initiate upside pressure towards to next target at 1.6109 (R2) and then resistance at 1.6139 (R3) acts as last attractive point for today. Downwards scenario: Possible price depreciation is limited to support level at 1.6010 (S1). Break here is required to enable possible retracement action towards to our next targets at 1.5980 (S2) and 1.5949 (S3) in potential.

Resistance Levels: 1.6079, 1.6109, 1.6139
Support Levels: 1.6010, 1.5980, 1.5949

HIGH 99.727 LOW 99.135 BID 99.612 ASK 99.616 CHANGE 0.39% TIME 08 : 44:16

TREND CONDITION : Upward penetration

Upwards scenario: We see potential of further instrument appreciation in near term perspective. Clearance of our next resistive structure at 99.79 (R1) would open way towards to next target at 100.00 (R2) and any further rise would then be targeting 100.21 (R3). Downwards scenario: Possible retracement formation is limited now to support level at 99.42 (S1). If the price manages to surpass it, we would suggest next intraday targets at 99.22 (S2) and 99.01 (S3).

Resistance Levels: 99.79, 100.00, 100.21
Support Levels: 99.42, 99.22, 99.01

Source: FX Central Clearing Ltd,( )
Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

All times are GMT. The time now is 09:01 AM.

Contact Us - Home - Archive - Top

Powered by vBulletin & Talk-HYIP
2000 - 2020
All posts on are the opinions of the individual posters and not necessarily those of or it's owner. does not support or endorse any programs and/or opportunities discussed here, & we do not give investment advice. We also do not research the opportunities discussed here. We simply provide a place for discussion.