1 0 Tag Archives: downside
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S&P 500 in oversold conditions to trade higher today – Charmer Charts – FXstreet.com


S&P 500 in oversold conditions to trade higher today – Charmer Charts
FXstreet.com
FXstreet.com (Barcelona) - Charmer Charts analysts expect the S&P 500 to trade higher today as oversold conditions are blocking the downside. “We have resistance in the 1357/59 area and this would give sellers a chance to get back into the market.

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May 11, 2012
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Forex: AUD/USD remains a sell on rallies – Charmer Charts – FXstreet.com


Forex: AUD/USD remains a sell on rallies – Charmer Charts
FXstreet.com
C.Harmer, analyst at Charmer Charts, admits that Thursday's failure to break above 1.0150 has added downside pressure to the cross, depicting now a double bottom in all but daily charts. “This double bottom should hold this time…and provoke a move ...

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May 11, 2012
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For GBP/USD, Downside Is Possible: April 23, 2012 – Forex Pros


For GBP/USD, Downside Is Possible: April 23, 2012
Forex Pros
By Forex4you | Forex | Apr 23, 2012 12:29PM GMT | Add a Comment Looking at the chart of cable there is the strong possibility of a reversal taking place at the current level. There are two major resistance lines at the 1.6148 highs reached last week ...

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April 23, 2012
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Forex: GBP/USD further downside expects if 1.6072/65 is trespassed – Charmer … – FXstreet.com


Forex: GBP/USD further downside expects if 1.6072/65 is trespassed – Charmer ...
FXstreet.com
C.Harmer, analyst at Charmer Charts, comments that at 1.6120, technical studies show overbought levels in the cross, therefore she would expect the pair to correct lower. “We would then like to see the market down to 1.6072/65…and if we fail we see ...

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April 23, 2012
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Forex: AUD/USD further downside awaits if 1.0360/40 is breached – Charmer Charts – NASDAQ


Forex: AUD/USD further downside awaits if 1.0360/40 is breached – Charmer Charts
NASDAQ
C.Harmer, analyst at Charmer Charts, comments that while the cross is trading above 1.0360/40 buyers should push higher to the 1.0460/80 region. If the upside does not falter, then the 1.0525 area could be visited. "…we expect downside to be contained ...

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April 2, 2012
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AUDUSD moves below key support on daily chart – ForexLive (blog)


AUDUSD moves below key support on daily chart
ForexLive (blog)
Looking at the shorter term chart below (5 minute), it too is showing downside pressure. First, the correction off the 1st sharp leg down held the 38.2% retracement. The next clue came when the 100 bar MA (blue line in the chart below) found sellers ...

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March 22, 2012
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Forex: AUD/USD prints fresh low at 1.0366 – FXstreet.com


Forex: AUD/USD prints fresh low at 1.0366
FXstreet.com
Charmer Charts analysts expect the cross to defend its 1.0370 area as support, but there is room for more downside: “However, we are not oversold on the medium term charts and therefore if we lose 1.0360 we expect further weakness to ensue with ...

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March 22, 2012
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Forex: GBP/USD sell any correction higher – Charmer Charts – NASDAQ


Forex: GBP/USD sell any correction higher – Charmer Charts
NASDAQ
C.Harmer, analyst at Charmer Charts, remarks that a close above 1.5705 would be necessary to alleviate downside pressure. Otherwise, more negative sentiment could drag the cross to 1.5666 (MA200d). This area plus the 1.5650 region would initially hold ...

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March 7, 2012
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Forex: EUR/USD expect further upside if 1.3245/85 is overcome – Charmer Charts – NASDAQ


Forex: EUR/USD expect further upside if 1.3245/85 is overcome – Charmer Charts
NASDAQ
C.Harmer, technical expert at Charmer Charts, coincides with this correction lower to the 1.3160 region, and she suggests that further downside is not ruled out as according to technical studies there is still room for more decline, with possible ...
Forex: GBP/USD sell any correction higher – Charmer ChartsFXstreet.com

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March 6, 2012
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Forex: EUR/USD expect further upside if 1.3245/85 is overcome – Charmer Charts – FXstreet.com


Forex: EUR/USD expect further upside if 1.3245/85 is overcome – Charmer Charts
FXstreet.com
C.Harmer, technical expert at Charmer Charts, coincides with this correction lower to the 1.3160 region, and she suggests that further downside is not ruled out as according to technical studies there is still room for more decline, with possible ...

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Forex: USD/CHF in daily losses, at 0.9115 – NASDAQ


Forex: USD/CHF in daily losses, at 0.9115
NASDAQ
Already expecting a failure at 0.9165/80 resistance, Charmer Charts suggested a bounce to the downside: "We see a retest of 9065/60 and this is where we would expect buyers once more. They should hold longs unless we lose 9010", says Carol Harmer, ...

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March 5, 2012
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FX EUR/CHF TECHS: Slow grind lower continues – FXstreet.com


FX EUR/CHF TECHS: Slow grind lower continues
FXstreet.com
The latter is a stalling point on the charts and a fresh assault on the downside looms once more. Hourly studies have rolled over from overbought levels and risk is lower intraday." Get all of your FXstreet data from one customizable page. FREE!

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February 24, 2012
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FX USD/CHF TECHS: Off key support but sell failures – FXstreet.com


FX USD/CHF TECHS: Off key support but sell failures
FXstreet.com
The Bollinger pattern continues to roughly contain price action although daily charts remain biased to the downside. The Bollinger bands have contracted though which suggests that a trending move is due. Continue to set shorts on failures with tight ...

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February 21, 2012
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Forex: USD/CHF should be well supported at the 0.9080 zone – Charmer Charts – NASDAQ


Forex: USD/CHF should be well supported at the 0.9080 zone – Charmer Charts
NASDAQ
C.Harmer, expert at Charmer Charts, suggests that the weakness could drive the cross to the 0.9080 area, where it should hold well and trade higher. If bearish sentiment persist then 0.9065 could be visited, and further downside would see a test of the ...
Forex: AUD/USD remains a sell on rallies – Charmer ChartsFXstreet.com

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February 13, 2012
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Forex: USD/CHF should be well supported at the 0.9080 zone – Charmer Charts – FXstreet.com


Forex: USD/CHF should be well supported at the 0.9080 zone – Charmer Charts
FXstreet.com
C.Harmer, expert at Charmer Charts, suggests that the weakness could drive the cross to the 0.9080 area, where it should hold well and trade higher. If bearish sentiment persist then 0.9065 could be visited, and further downside would see a test of the ...

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February 13, 2012
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Forex: EUR/JPY on track to fill up gap – NASDAQ


Forex: EUR/JPY on track to fill up gap
NASDAQ
With New York closing out the global day and week around 99.45, a gap still exists on the charts. The tentative bias looks to be to close this gap. Unless it can be closed, expect more downside going forward. Support below remains at the roughly flat ...

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January 23, 2012
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Forex – Chart USD/SGD Update: Leaning towards the support line of 1-1/2 month … – FXMarketAlerts.com


Forex - Chart USD/SGD Update: Leaning towards the support line of 1-1/2 month ...
FXMarketAlerts.com
Above intraday resistance at 1.2905 will dissipate downside pressure. [WT] EMGA Chart Roadmap 1-2 Day Technical Summary [KRW, SGD, THB, IDR, TWD, PHP]. This is just a sample report that would be received as part of our Charts package (see below).

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January 13, 2012
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Forex – Chart EUR/NOK, EUR/SEK, USD/NOK, USD/SEK Opening Summaries – FXMarketAlerts.com


Forex - Chart EUR/NOK, EUR/SEK, USD/NOK, USD/SEK Opening Summaries
FXMarketAlerts.com
... towards closing yesterday in the appearance of an outside range is shifting focus back towards downside, with strong supports seen at 6.7970/7795. [WT] This is just a sample report that would be received as part of our Charts package (see below).

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January 10, 2012
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Forex – Chart EUR/NOK, EUR/SEK, USD/NOK, USD/SEK Opening Summaries – FXMarketAlerts.com


Forex - Chart EUR/NOK, EUR/SEK, USD/NOK, USD/SEK Opening Summaries
FXMarketAlerts.com
... stance seen on daily tools, risk stays on the downside, eyeing next support at 6.7795 and break will extend current decline towards stronger 6.6846. [WT] This is just a sample report that would be received as part of our Charts package (see below).

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January 4, 2012
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AUD/NZD Daily Outlook- Jan 3, 2012 – DailyForex


AUD/NZD Daily Outlook- Jan 3, 2012
DailyForex
Historically, the 1.31 level is a bit high, and the weekly charts look a little tired. However, 1.30 level needs to be broken to the downside in order to think of selling this pair for anything other than a scalp. The commodity trade is going to be an ...

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January 3, 2012