Deltastock Daily FX Analysis

This is a discussion on Deltastock Daily FX Analysis within the Daily Analysis forums, part of the Commercial category; September 28, 2009 Current level - 89.53 Recent break below 90.12 provoked a sharp sell-off towards 88.41, thus filling our ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Sep 28, 2009, 10:05am   #25
 
Deltastock's Avatar
Joined Aug 2009
Deltastock started this thread September 28, 2009
Current level - 89.53


Recent break below 90.12 provoked a sharp sell-off towards 88.41, thus filling our target at 88.64 and currently the pair is in a corrective phase below 90.34, that should be followed by one more downward test of the 87.12 weekly low. Intraday bias is positive for 89.92 and 90.34 with a risk limit below 89.15. Current consolidation above 88.42 is expected to last minimum 4 trading sessions.

Click the image to open in full size.
Deltastock is offline Broker   Reply With Quote
Old Sep 29, 2009, 9:42am   #26
 
Deltastock's Avatar
Joined Aug 2009
Deltastock started this thread September 29, 2009
Current level-1.4616


Yesterday's rise peaked below 1.4680 dynamic resistance and the pair reversed, initiating a downtrend for 1.4512, en route to 1.4444. Intraday resistance comes at 1.4647, followed by the crucial 1.4719.

Click the image to open in full size.
Deltastock is offline Broker   Reply With Quote
Old Oct 5, 2009, 1:07pm   #27
 
Deltastock's Avatar
Joined Aug 2009
Deltastock started this thread October 5, 2009
Current level- 1.5872


Obviously the consolidation pattern above 1.5766 is not over yet, but while the pair trades below 1.6130 resistance area, the overall outlook will remain absolutely bearish for 1.5352. Intraday bias is negative, but 1.6024 high is not yet confirmed to be the end of the 1.5766-1.6130 ranging pattern. Only a break below 1.5801 recent low will generate a signal for a trend renewal.

Click the image to open in full size.
Deltastock is offline Broker   Reply With Quote
Old Oct 7, 2009, 11:05am   #28
 
Deltastock's Avatar
Joined Aug 2009
Deltastock started this thread October 7, 2009
Current level - 88.34


As expected, the pair broke below 88.82 dynamic support and aims at 87.12 lows. Intraday resistance comes at 88.61, followed by the crucial 89.05. On the 4 h. chart the crucial level for the downtrend since 97.80 has been changed from 92.50 to 89.99.

Click the image to open in full size.
Deltastock is offline Broker   Reply With Quote
Old Oct 8, 2009, 11:20am   #29
 
Deltastock's Avatar
Joined Aug 2009
Deltastock started this thread October 8, 2009
Current level- 1.6047


Yesterday's rise broke through 1.6010 dynamic resistance and current bias is positive for 1.6130 major resistance area. Intraday support comes at 1.6010-24, followed by the crucial 1.5970. On the larger frames the pair is still in the prolonged consolidation above 1.5766 and a break below 1.5855 will target 1.5352 support zone.

Click the image to open in full size.
Deltastock is offline Broker   Reply With Quote
Old Oct 9, 2009, 9:02am   #30
 
Deltastock's Avatar
Joined Aug 2009
Deltastock started this thread October 9, 2009
Current level-1.4721


The rise from 1.4650 peaked at 1.4817 and a massive sell-off followed, reaching a temporary low at 1.4703. The overall bias remains positive with a crucial level at 1.4650, so we will expect an uptrend to emerge from current levels, towards 1.4842, en route to 1.4967. Intraday bias is still negative with a resistance around 1.4756 and crucial level at 1.4779.

Click the image to open in full size.
Deltastock is offline Broker   Reply With Quote
Old Oct 12, 2009, 9:44am   #31
 
Deltastock's Avatar
Joined Aug 2009
Deltastock started this thread October 12, 2009
Current level- 1.5766


The downtrend from 1.6130 resistance accelerated and broke below 1.5855 "trigger" point. The consolidation pattern above 1.5766 is already completed on the daily frame, so current focus is set at 1.5352. Resistance comes at 1.5798 and crucial is 1.5884.

Click the image to open in full size.
Deltastock is offline Broker   Reply With Quote
Old Oct 14, 2009, 10:32am   #32
 
Deltastock's Avatar
Joined Aug 2009
Deltastock started this thread October 14, 2009
Current level-1.4890


EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated above the 50- and 200-Day SMA, currently projected at 1.4134 and 1.3523.

The uptrend from yesterday's lows at 1.4760 is intact and is aiming at our target at 1.4967. Intraday support comes at 1.4850.

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: 1 (0 members and 1 guests)