FOREX Technical Analysis 27. Jan. 2012

468x60cbf FOREX Technical Analysis 27. Jan. 2012

FX Forex Market Technical Analysis:

Forex Trading Technical Analysis for the 27. Jan. 2012

Technical Analysis for the following Currencies:

EUR/USD, USD /CAD, USD/JPY, AUD/USD, GBP/USD, EUR/JPY, EUR/CHF
All Data are  6:20 am + 1 GMT

EUR / USD intraday: the upward movement will prevail.
Turning point (devaluation level): 1,305
We prefer, purchase positions at 1.3055 with targets at 1.3145 and 1.3185 price.
Alternative scenario: in 1305 we expect further downward movements with 1.3025 & 1298 as price targets.
Technical Analysis Comment: the RSI is mixed to bullish.

USD / CAD in the course of the day: under pressure.
Turning point (devaluation level): 1,005
We prefer: short positions in 1005 with advanced course aims to 1 & 0.9965.
Alternative scenario: above 1005 we expect further upside movement with 1008 & 1011 as price targets.
Technical Analysis Comment: the RSI is mixed to bearish.

USD / JPY intraday: under pressure.
Turning point (devaluation level): 77.45
We prefer: sales positions at 77.4, with price targets of 76.85 & 76.65.
Alternative scenario: above 77.45, we expect further upward movement of 77.65 & 77.85 as price targets.
Technical Analysis Comment: the RSI is badly directed.

AUD / USD intraday: the upward movement will prevail.
Turning point (devaluation level): 1,057
We prefer: long positions over 1057 with extended price targets on 1,064 & 1.0685.
Alternative scenario: in 1057 we expect further downward movements with 1054 & 1049 as price targets.
Technical Analysis Comment: the RSI is mixed with a bullish trend.

GBP / USD intraday: the upward movement will prevail.
Turning point (devaluation level): 1.5625
We prefer, purchase positions in 1563 with price targets at 1.5735 and 1577.
Alternative scenario: below 1.5625, we expect further downward movements with 1558 & 1555 as price targets.
Technical Analysis Comment: the RSI is mixed to bullish.

EUR / JPY intraday: under pressure.
Turning point (devaluation level): 101.6
We prefer: sales positions at 101.6 with advanced course aims to 100.5 & 99.95.
Alternative scenario: over 101.6 we expect further upside movement with 102 & 102.2 as price targets.
Technical Analysis Comment: the RSI is badly directed.

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FOREX Technical Analysis 26. Jan. 2012

FX Forex Market Technical Analysis:

Forex Trading Technical Analysis for the 26. Jan. 2012

Technical Analysis for the following Currencies:

EUR/USD, USD /CAD, USD/JPY, AUD/USD, GBP/USD, EUR/JPY, EUR/CHF
All Data are  6:20 am + 1 GMT

EUR / USD intraday: the upward movement will prevail.
Turning point (devaluation level): 1.3035
We prefer, purchase positions in 1304 with price targets for 1316 and 1.3195.
Alternative scenario: below 1.3035, we expect further downward movements with 1.2975 & 1293 as price targets.
Technical Analysis Comment: the RSI is bullish and calls for a further upward movement.

USD / CAD in the course of the day: under pressure.
Turning point (devaluation level): 1.0055
We prefer: positions below 1.0055 with expanded sales price targets on 1 & 0.9965.
Alternative scenario: above 1.0055, we expect further upside movement with 1008 & 1011 as price targets.
Technical Analysis Comment: the RSI is bearish and calls for a further downward movement.

USD / JPY intraday: under pressure.
Turning point (devaluation level): 77.95
We prefer: sales positions at 77.9, with price targets at 77.55 and 77.3.
Alternative scenario: above 77.95, we expect further upward movement of 78.25 and 78.5 as price targets.
Technical Analysis Comment: the RSI is badly directed.

AUD / USD intraday: further increase.
Turning point (devaluation level): 1.0545
We prefer: long positions on 1.0545 with expanded course objectives to 1065 and 1.0715.
Alternative scenario: below 1.0545, we expect further downward movement of 1,048 & 1.0445 as price targets.
Technical Analysis Comment: the RSI is bullish and calls for a further upward movement.

GBP / USD intraday: the upward movement will prevail.
Turning point (devaluation level): 1.5585
We prefer, purchase positions in 1559 with price targets at 1:57 and 1.5735.
Alternative scenario: below 1.5585, we expect further downward movements with 1555 & 1551 as price targets.
Technical Analysis Comment: the RSI is well aligned.

EUR / JPY intraday: bullish trend on 101.1.
Turning point (devaluation level): 101.1
We prefer: long positions on 101.1 with enhanced price targets on 102 & 102.3.
Alternative scenario: at 101.1, we expect further downward movements with 100.5 & 99.95 as price targets.
Technical Analysis Comment: the RSI is mixed with a bullish trend.

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