Monday, January 4, 2016

Fibonacci levels

Symbol       S3          S2        S1 Pivot Points RI   R2         R3

EUR/USD 1.0795 1.0828 1.0849 1.0883 1.0916 1.0937 1.0971

GBP/USD 1.4646 1.4693 1.4722 1.4769 1.4816 1.4845 1.4892

USD/JPY 120.15 120.29 120.37 120.50 120.64 120.72 120.85

USD/CHF 0.9808 0.9871 0.9910 0.9974 1.0037 1.0076 1.0140

AUD/USD 0.7249 0.7264 0.7272 0.7287 0.7302 0.7310 0.7325

USD/CAD 1.3767 1.3800 1.3821 1.3854 1.3887 1.3908 1.3941

NZD/USD 0.6781 0.6803 0.6816 0.6838 0.6860 0.6873 0.6895

EUR/JPY 129.58 130.11 130.43 130.96 131.49 131.81 132.34

GBP/JPY 175.80 176.51 176.95 177.66 178.37 178.81 179.52

GOLD 1052.83 1056.84 1059.32 1063.33 1067.34 1069.82 1073.83

SILVER 13.62 13.71 13.77 13.86 13.95 14.00 14.09

CRUDE 35.80 36.18 36.42 36.80 37.18 37.42 37.80

NZD/USD stages crushing decline

4 January 2016,

The 1-hour NZD/USD MACD series is sitting at extreme lows.

Recent plummeting NZD/USD price action has been highlighted by an above-average distance between MACD and its signal line. From a strategic standpoint, there could be further stomach-churning dips to endure, as well as brief relief rallies. The latest MACD print shows dissipation of downside momentum, thus reinforcing the second scenario.

NZD/USD 2016-01-04T03:45:00
0.67525/0.67541 (0.1495565131121%)
H0.67645 L0.6749
S3S2S1R1R2R3
0.67646662394200.67838331063580.67951665321980.68256668249760.68448336919140.6856167117754
Trend IndexOB/OS Index
Bearish Oversold

USD/JPY plummets through the magic 120.00 level

4 January 2016, 

FXStreet (Guatemala) - USD/JPY keeps printing new lows at time of writing with a big risk-off theme coming into play at the start of 2016.

Volatility was always on the cards and the greenback is starting to reverse the gains on the board, most evident in the Yen although the pound is stabilizing and the euro correcting also. However, the antipodeans are not having a good time of the risk-off mood either and are at the lows vs the greenback still after the Chinese data induced run for cover kicked din when the Caixan manufacturing yet again disappointed by some margin.

USD/JPY levels

Technically, a break of the psychological 120 handle and daily closes will leave the downside exposed towards the 119.11 2012-2015 uptrend.
ahead of the uptrend at 118.11.

USD/JPY 2016-01-04T02:00:00
119.842/119.852 (0.1535303639670%)
H120.06 L119.697

NZD/USD Bulls are losing momentum


4 January 2016, 

NZD/USD sellers stood their ground and buyers retreated in recent sessions as MACD (26, 12, 9) has fallen off below its median line.

On a 4hr chart, this technical condition may be taken by many trend-following traders as a trigger to liquidate long positions.

The fact that the MACD hasn't been under zero for at least one week of trading, reinforces the argument that room for further NZD/USD depreciation is there.

NZD/USD 2016-01-04T02:45:00
0.67617/0.6763 (-0.085754417091%)
H0.67695 L0.67572
S3S2S1R1R2R3
0.67646662394200.67838331063580.67951665321980.68256668249760.68448336919140.6856167117754
Trend IndexOB/OS Index
Bearish Oversold

USD/SGD met with an upside nudge


4 January 2016, 

A shooting star reversal seen on the USD/SGD daily chart is tipping traders off for a downside break.

The price rallied during the session, but pulled back to the bottom to close near the opening price.

Considering what's happening on 4-hour studies where the price structure has been at a considerable distance above it's 200-period SMA, the case for a retracement becomes highly compelling.

NZD/USD 2016-01-04T02:45:00
0.67617/0.6763 (-0.085754417091%)
H0.67695 L0.67572
S3S2S1R1R2R3
0.67646662394200.67838331063580.67951665321980.68256668249760.68448336919140.6856167117754
Trend IndexOB/OS Index
Bearish Oversold

USD/SGD to recapture critical juncture

4 January 2016, 

Recent upward moves led to a cross between the 100 and 200 SMA on the 4H USD/SGD charts.

A recent bounce in the USD/SGD price structure might contribute to a consensus of technical levels, especially when the recent lows are at a relative narrow distance from the price level where the so-called "Golden Cross" occurred. At a distance slightly shorter than a daily ATR, the 200 SMA could exhibit some attraction to the price. The bullish outlook should be dismissed by a close beyond the 200 SMA.

NZD/USD 2016-01-04T02:45:00
0.67617/0.6763 (-0.085754417091%)
H0.67695 L0.67572
S3S2S1R1R2R3
0.67646662394200.67838331063580.67951665321980.68256668249760.68448336919140.6856167117754
Trend IndexOB/OS Index
Bearish Oversold

The 1-hour NZD/USD MACD series is sitting at extreme lows.



Recent plummeting NZD/USD price action has been highlighted by an above-average distance between MACD and its signal line. From a strategic standpoint, there could be further stomach-churning dips to endure, as well as brief relief rallies. The latest MACD print shows dissipation of downside momentum, thus reinforcing the second scenario.

NZD/USD 2016-01-04T03:45:00
0.67525/0.67541 (0.1495565131121%)
H0.67645 L0.6749
S3S2S1R1R2R3
0.67646662394200.67838331063580.67951665321980.68256668249760.68448336919140.6856167117754
Trend IndexOB/OS Index
Bearish Oversold