Deltastock Daily FX Analysis

This is a discussion on Deltastock Daily FX Analysis within the Daily Analysis forums, part of the Commercial category; September 10, 2009 Current level - 92.10 Yesterday's corrective phase peaked at 92.60 and the pair broke below 92.04, reaching ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Sep 10, 2009, 10:58am   #17
 
Deltastock's Avatar
Joined Aug 2009
Deltastock started this thread September 10, 2009
Current level - 92.10


Yesterday's corrective phase peaked at 92.60 and the pair broke below 92.04, reaching temporary low at 91.61. Current rebound is corrective in nature, preceding next slide towards 90.35. Crucial on the upside is 92.60.


Click the image to open in full size.
Deltastock is offline Broker   Reply With Quote
Old Sep 11, 2009, 10:18am   #18
 
Deltastock's Avatar
Joined Aug 2009
Deltastock started this thread September 11, 2009
Current level-1.4597


We think, that a top might be in place, so expect a break below 1.4570 to signal, that a larger corrective phase is on the run, towards 1.4444 support.


Click the image to open in full size.
Deltastock is offline Broker   Reply With Quote
Old Sep 14, 2009, 10:32am   #19
 
Deltastock's Avatar
Joined Aug 2009
Deltastock started this thread September 14, 2009
Current level- 1.6572


Recent high at 1.6741 was confirmed to be the end of the rise from 1.6111, so currently a larger consolidation with a negative bias is underway, targeting 1.6430. Intraday resistance comes at 1.6602, followed by the crucial 1.6625.


Click the image to open in full size.
Deltastock is offline Broker   Reply With Quote
Old Sep 17, 2009, 9:53am   #20
 
Deltastock's Avatar
Joined Aug 2009
Deltastock started this thread September 17, 2009
Current level - 90.86


We think, that from yesterday's low at 90.12 the third part of the consolidation is underway and it should challenge 91.63 before next leg downwards, to 88.64. Important resistance on the upside is 92.02, followed by the crucial 93.40.


Click the image to open in full size.
Deltastock is offline Broker   Reply With Quote
Old Sep 22, 2009, 8:40am   #21
 
Deltastock's Avatar
Joined Aug 2009
Deltastock started this thread September 22, 2009
Current level- 1.6268


As expected, the minor consolidation below 1.6205 resistance was followed by a final spike low for 1.6111, which failed at 1.6140 and the pair reversed, entering a larger corrective phase towards 1.6401. Intraday resistance comes at 1.6296, nearest support is 1.6254, followed by the crucial 1.6220.


Click the image to open in full size.
Deltastock is offline Broker   Reply With Quote
Old Sep 23, 2009, 9:38am   #22
 
Deltastock's Avatar
Joined Aug 2009
Deltastock started this thread September 23, 2009
Current level-1.4802


We think, that with yesterday's peak at 1.4842 the uptrend from 1.4611 has ended and the pair is entering a corrective phase towards 1.4749, en route to 1.4701. Nevertheless, the overall bias remains bullish and new highs around 1.4911 are to be expected after building a reliable base above 1.4701. Crucial is 1.4611.


Click the image to open in full size.
Deltastock is offline Broker   Reply With Quote
Old Sep 24, 2009, 9:44am   #23
 
Deltastock's Avatar
Joined Aug 2009
Deltastock started this thread September 24, 2009
Current level-1.4757


Still in the consolidation pattern below 1.4842 and there are no signs of bottoming so far, so allow one more dip to 1.4680 support area before renewing the rise for 1.4911. Crucial remains 1.4611.

Click the image to open in full size.
Deltastock is offline Broker   Reply With Quote
Old Sep 25, 2009, 10:17am   #24
 
Deltastock's Avatar
Joined Aug 2009
Deltastock started this thread September 25, 2009
Current level- 1.6011


Yesterday's break below 1.6111 support area did activate a reversal formation on the daily frame, targeting 1.5352-1.50+ area with crucial level above 1.6458. Intraday bias is positive with a risk limit below 1.5979, targeting 1.6086, en route to 1.6110-30. Current consolidation will aim to correct the slide 1.6467-1.5916.

Click the image to open in full size.
Deltastock is offline Broker   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Deltastock trading and execution??? svetlinkariol Forex Brokers 5 Sep 16, 2009 2:18pm
Deltastock Level 2 forex tar Forex Brokers 1 Aug 14, 2009 12:30pm
DeltaStock broker is scam Kallas Forex Brokers 1 Apr 29, 2009 9:12pm

Currently Active Users Viewing This Thread: 2 (0 members and 2 guests)