Thursday, June 11, 2015

DailyFX Technical Focus: 6/11/2015

DailyFX Technical Focus: 6/11/2015

DailyFX Technical Focus: 6/11/2015

Posted: 11 Jun 2015 11:06 AM PDT

The break above 1.5440 and the slope line that has been precise as support and resistance since February is bullish. In fact, the line acted as support today (6/11).

USDOLLAR Searching for Direction

Posted: 11 Jun 2015 10:37 AM PDT

Crude Faces 12 Month Trendline

Posted: 11 Jun 2015 10:37 AM PDT

Gold Bounces from Support Line; Still Below Resistance Though

Posted: 11 Jun 2015 10:37 AM PDT

USD/CHF at Short Term Downtrend Resistance

Posted: 11 Jun 2015 10:37 AM PDT

USD/CAD Finds Low at Early May High

Posted: 11 Jun 2015 10:37 AM PDT

USD/JPY Drops Sharply from Long Term Uptrend Resistance

Posted: 11 Jun 2015 10:37 AM PDT

NZD/USD Breaks Long Term Slope Line

Posted: 11 Jun 2015 10:37 AM PDT

AUD/USD Breaks above Short Term Downtrend Line

Posted: 11 Jun 2015 10:37 AM PDT

GBP/USD Slope Line is Precise as Support and Resistance

Posted: 11 Jun 2015 10:37 AM PDT

EUR/USD Easing Into Support Lines

Posted: 11 Jun 2015 10:37 AM PDT

Sentiment Points to Euro Gains, Aussie and Kiwi Dollar Declines

Posted: 11 Jun 2015 07:35 AM PDT

One-sided retail forex sentiment points to continued Euro gains versus the US Dollar, while the New Zealand and Australian Dollars are likely to fall further.

British Pound Forecast to Appreciate versus Yen

Posted: 11 Jun 2015 07:35 AM PDT

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are short gives signal that the GBPJPY may continue higher. The trading crowd has grown further net-short from yesterday and last week. The combination of current sentiment and recent changes gives a further bullish trading bias.

New Zealand Dollar Forecast to Hit Fresh Lows

Posted: 11 Jun 2015 07:35 AM PDT

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the NZDUSD may continue lower. The trading crowd has grown further net-long from yesterday and last week. The combination of current sentiment and recent changes gives a further bearish trading bias.

Australian Dollar Likely to Continue Lower

Posted: 11 Jun 2015 07:35 AM PDT

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the AUDUSD may continue lower. The trading crowd has grown further net-long from yesterday and last week. The combination of current sentiment and recent changes gives a further bearish trading bias.

US Dollar Outlook Clouded versus Japanese Yen

Posted: 11 Jun 2015 07:30 AM PDT

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the USDJPY may continue lower. The trading crowd has grown less net-long from yesterday but further long since last week. The combination of current sentiment and recent changes gives a further mixed trading bias.

British Pound Forecast Less Clear as Trading Crowds Sell

Posted: 11 Jun 2015 07:30 AM PDT

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the GBPUSD may continue lower. The trading crowd has flipped from net-short to net-long from yesterday but unchanged since last week. The combination of current sentiment and recent changes gives a further mixed trading bias.

One-sided Forex Trader Sentiment Points to Euro Gains

Posted: 11 Jun 2015 07:30 AM PDT

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are short gives signal that the EURUSD may continue higher. The trading crowd has grown less net-short from yesterday and last week. The fact that crowds remain net-short gives us a steadily bullish trading bias.

USDollar Attempts Breakout on News

Posted: 11 Jun 2015 07:03 AM PDT

The USDollar has attempted to breakout higher on this mornings Retail Sales data. Learn today's traving values with the Chart of the Day!

Greek Unemployment up to 26.6%; EUR/USD Holds

Posted: 11 Jun 2015 06:39 AM PDT

Greece unemployment figures rise to 26.6% as bailout talks continue following Merkel, Tsipras meeting. Here’s what to watch.

Price & Time: Kiwi - Down Before Up?

Posted: 11 Jun 2015 05:15 AM PDT

NZD/USD falls to new 4-year low...

Important Day Ahead for US Dollar Both Fundamentally and Technically

Posted: 11 Jun 2015 04:35 AM PDT

Important data is being released as many USD-pairs sit at technical crossroads.

Crude Oil May Be Resuming Recovery, SPX 500 Bounces from Support

Posted: 11 Jun 2015 01:08 AM PDT

Crude oil prices may be resuming the recovery launched from lows in mid-January while the SPX 500 is revisiting the upside after meeting trend support.

EUR/USD to Eye May High on Dismal U.S. Retail Sales Report

Posted: 11 Jun 2015 01:00 AM PDT

Another disappointing U.S. Retail Sales report may push EUR/USD back towards the May high (1.1465) as it drags on Fed interest rate expectations.

US Dollar Technical Analysis: Prices Drop to 3-Week Low

Posted: 11 Jun 2015 12:33 AM PDT
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)