1 0 Tag Archives: resistance
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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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Gold has good support at 1661/57 – Charmer Charts – FXstreet.com


Gold has good support at 1661/57 – Charmer Charts
FXstreet.com
FXstreet.com (Barcelona) - Charmer Charts sees good support at 1661/57 to hold Gold in weakness. The next upside target will be 1669/70: “Expect resistance to kick in here and for the market to come back a little from these highs.

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April 30, 2012
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Understanding Support and Resistance – DailyForex.com


Understanding Support and Resistance
DailyForex.com
Increasing the likelihood of your trade working out is essentially what trading is all about and therefore, support and resistance are the essence of Forex trading. Another interesting phenomenon of support and resistance is that it tends to reverse ...

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April 29, 2012
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Charmercharts Forex Report: 2nd April – Inside Futures


Charmercharts Forex Report: 2nd April
Inside Futures
by Carol Harmer of Charmer Charts therefore we may see another bounce from 1.3330/25 early in the session towards the 1.3360/75 resistance again. We would encourage sellers back into the market at these highs, and will hold unless we break 1.3410.

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April 2, 2012
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Forex: GBP/USD potential upside to visit 1.6005 – Charmer Charts – FXstreet.com


Forex: GBP/USD potential upside to visit 1.6005 – Charmer Charts
FXstreet.com
C.Harmer, analyst at Charmer Charts, reckons that the support level at 1.5860 is growing bigger, reinforced as well by technical studies that would point to further upside. She signals 1.5930 as a short-term resistance.

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March 21, 2012
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Forex: AUD/USD to correct to 1.0355-60 – FXMR – NASDAQ


Forex: AUD/USD to correct to 1.0355-60 - FXMR
NASDAQ
Last week the charts showed very clear resistance between 1.0600?10 and 1.06660?65. And so it remains. Support could (should?) have been at 1.0545 from the bullish 65?day but, at the time of writing, this looks to be breaking down.

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March 12, 2012
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AUD/JPY Gartley Forms Under 86.30 Resistance – DailyFX


AUD/JPY Gartley Forms Under 86.30 Resistance
DailyFX
By Walker England, Trading Instructor, The Gartley trading pattern is a complex harmonic charting setup using Fibonacci Retracements, geared to finding reversals. The gartley is considered harmonic, because it looks for multiple fib retracements from ...

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February 22, 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
Struggling to hold the 7.5200 level with bounce from the 7.5190 low see more ranging action. However, would need to clear the 7.5635 resistance to get a stronger recovery underway. Below 7.5190 triggers further slide. [PL] Prices are stabilising above ...

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February 17, 2012
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Forex: AUD/USD remains a sell on rallies – Charmer Charts – NASDAQ


Forex: AUD/USD remains a sell on rallies – Charmer Charts
NASDAQ
Carol Hamer, analyst at Charmer Charts, would expect the cross to decline as shown by overbought readings in both short and medium tem charts, with a possible visit to the 1.0620 support area. "Resistance remains 1.0795 through 1.0820 and we would ...

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February 13, 2012
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BULLION MORNING – Gold rebounds on stronger euro on hopes of progress in Greece debt talks – FXStreet.com

On the charts, resistance is now pegged at $1,745 and then $1,763 ... 10.2 The Company makes no warranty that that the Website or the server that makes it available are free of viruses or anything else which may be harmful or destructive.
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January 31, 2012
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EUR/USD Daily Outlook Jan. 30, 2012 – DailyForex.com


Voxy

EUR/USD Daily Outlook Jan. 30, 2012
DailyForex.com
The charts are providing many reasons to still be somewhat weary of trading this pair, and it makes sense as the fundamental situation between the two economies is quite murky at best. The 1.3250 area can be thought of as a minor resistance area, ...
Daily Technical Report January 31, 2012Forex Pros
Sunrise Market CommentaryAction Forex
EUR/USD Weekly Fundamental Analysis Jan. 30-Feb. 3, 2012, ForecastInternational Business Times

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Daily Market Analysis: Currency Report – Forex Pros


Daily Market Analysis: Currency Report
Forex Pros
The 1.30 level is a massive zone that will provide resistance, and we think that a break of that isn't realized until we see the 1.31 closed above on the daily chart. We are waiting for just that to buy this market. On the other hand, the trend is down ...

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January 24, 2012
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Forex: AUD/USD sees key resistance at 1.0506 – FXMR – NASDAQ


Forex: AUD/USD sees key resistance at 1.0506 – FXMR
NASDAQ
At the moment of writing, the AUD/USD is hovering 1.0500 and Grier-Rees chooses to wait: "On the charts all the trends are pointing higher. However ahead lies 1.0506, the 61.8% Fibo extension of a complex bull pattern that started in early October.

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January 23, 2012
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USDCNH Continues Lower – Forex Pros


USDCNH Continues Lower
Forex Pros
By FXDD | Forex | Dec 22, 2011 12:00PM GMT Looking at the USDCNH chart we've been examining, the pair moved higher since we last visited it, however former trendline support has held as resistance and the pair has moved through the November lows to new ...

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December 22, 2011
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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
... further extension to target 6.6645 then 6.6000. The upside still limited with resistance at 6.7600 then 6.8020, only above the latter to ease bear pressure. This is just a sample report that would be received as part of our Charts package (see below).

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December 8, 2011
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Forex: GBP/USD: Resistance area at 1.5850/75 will cap – Windsor Brokers – NASDAQ


Forex: GBP/USD: Resistance area at 1.5850/75 will cap - Windsor Brokers
NASDAQ
In 4-hour charts, the pair remains weak, according to Drvenica, suggesting a re-test of 1.5690: "Neutral hourly studies see the pair entrenched within 1.5700/1.5800 range, while 4-hour outlook maintains short-term bears for retest of 1.5690 to spark ...

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November 18, 2011
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What I See in FX Market – FXstreet.com


FXstreet.com

What I See in FX Market
FXstreet.com
WHAT ProAct Traders SEE: We are currently @ 1.0285 and sitting just below the Day chart downtrend top and the resistance @ the current price. We still have a lot of bulls in the cross so could see it finally break out to the upside. ...

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November 12, 2011
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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
Setback to see support at 9.0200 and 9.0000, failure here will expose more downside scope to the 8.9830 low. Resistance is at 9.0570 then 9.1130. This is just a sample report that would be received as part of our Charts package (see below).

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November 9, 2011
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Forex: EUR/USD key support at 1.3820 – V.Bednarik – FXStreet.com

EUR, GBP test resistance but fail to break free EUR/JPY: IIF dampens the mood Berlusconi ... Technically speaking, “The hourly chart shows a short term double roof around 1.3900, with a neckline at 1.3820, making of this last the key support ...
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October 23, 2011
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Forex Trading: EURUSD Resistance At 1.3694-97 And 1.3720 – Daily Markets


Forex Trading: EURUSD Resistance At 1.3694-97 And 1.3720
Daily Markets
So follow the charts as they help define risk. If you have a bias, still use the charts as at least you will know when you are wrong. WIth that said the 1.3694 and 1.3720 remain topside resistance for the pair. Stay below and the bears are happy. ...

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September 21, 2011