Daily Technical Analysis and Recommendations from Forexial FX

[N4X]

Daily Technical Analysis and Recommendations from Forexial FX - 13-01-2006
EUR/USD



Technical Analysis: The Euro fell dramatically in yesterday's session and reached the 1.2000 level as expected due to the release of various economic news and reports. The biggest effect was from the release of the US Trade Balance which came better than expected and that ignited the fall from 1.2160 to near the fibo 38.2% (from 1.2585 to 1.1640) at 1.2006. It is expected for the Euro to test the fibo 61.8% at 1.2225 which we think it should hold for some time to come. The Euro will be affected today by the release of the E-12 Consumer Price Index and the more important US PPI (excluding food and energy) which is expected to come out better than the previous reading. Also, we should not forget that ECB President Mr. Trichet and Dallas Fed President Mr. Fisher will speak later today and that could put pressure on both the Euro and the Dollar to swing in both directions. Be very careful in trading today.

Recommendation

Sell @ 1.2190
Stop @ 1.2235
Traget @ 1.2135

Buy @ 1.2010
Stop @ 1.1970
Target @ 1.2070

Good luck in your trading


For complete report visit Forexial FX

Regards,
N4X

[N4X]

Daily Technical Analysis and Recommendations from Forexial FX - 16-01-2006

EUR/USD

Technical Analysis: The release of various economic news and reports has lifted the Euro to as high as 1.2145 in the last day of last week session, passing in its way the fibo 50.0% (from 1.2585 to 1.1640) at 1.2114. It is expected for the Euro to test the fibo 61.8% at 1.2225 but is has to pass the secondary resistance point at 1.2195 first and it might test the stronger resistance point at 1.2254 which is considered to be a peak and a bottom on the daily and 4 hours charts. Investors will be looking at the German CPI which is due to be released Tuesday and it is expected to be higher than the previous number. Please remember that the US is in holiday today and that might alter the movement of the Euro.

Recommendation

Sell @ 1.2220
Stop @ 1.2265
Traget @ 1.2160

Buy @ 1.2115
Stop @ 1.2080
Target @ 1.2160

Good luck in your trading


For complete report visit Forexial FX

Regards,
N4X

[geiseb_hd]

Dear Friend

Before seeing your posts, I went short this morning on the gbpusd, after seeing:

1) hourly macd cross down, same with stochs
2) I calculate fibs and I assume that it will hit for 7720 super kluster level before heading up again

thanx for your refreshing forex platform, as well as your refreshing forex signals. please come to www.rodelsimon.com and click chat. we can have a good online chat on the pairs.

thanx

[N4X]

Hi geiseb_hd,

Thank you for your comments. I will visit your site as soon as possible.

Did you know that Forexial FX is the only forex company to offer 2 pips spread on all major currency pairs plus GBP/CHF, GBP/JPY, AUD/JPY, EUR/JPY, CHF/JPY, EUR/CHF, EUR/GBP and there is commission charges, no interest charges, no rollover fees and hedge free charges on real accounts.

I just want you to know that!!!


Regards,
N4X

[N4X]

Daily Technical Analysis and Recommendations from Forexial FX - 13-01-2006
EUR/USD



Technical Analysis: The resistance point at 1.2170 held the Euro from advancing further in yesterday's trading session and rebounded to as low as the support point at 1.2075 passing in its way the fibo 50.0%(from 1.2585 to 1.1640) at 1.2114. It is expected for the Euro to continue to trade between the resistance point 1.2170 and the support point at 1.2075 unless we see few surprises especially the German CPI will be released today. The Euro could test the fibo 61.8% at 1.2225 and it might test the stronger resistance point at 1.2254 which is considered to be a peak and a bottom on the daily and 4 hours charts or it might fall to test the first support point at 1.2075 and even lower to the stronger support point at 1.2035 which is considered to be a peak and a bottom on the daily chart. Investors will be looking at the US Empire Manufacturing Index which is due to be released at 1:30 GMT and it is expected to be lower than the previous number. Also, the US Industrial production m/m will be released today and its expected to come out lower than the last number.

Recommendation

Sell @ 1.2215
Stop @ 1.2265
Traget @ 1.2160

Buy @ 1.2060
Stop @ 1.2020
Target @ 1.2160

Good luck in your trading


For complete report visit Forexial FX

Regards,
N4X

[N4X]

Sorry. The date in the previous post should be 17-01-2006 not 13-01-2006

Regards,
N4X

[N4X]

Gongratulations to all who entered in all recommendations for today. All positions were closed at 9:00 GMT

EUR/USD = 43 points
USD/JPY = 2 points
GBP/USD = 70 points
USD/CHF = 57 points

for a total = 172 points

Regards,
N4X

[N4X]

Daily Technical Analysis and Recommendations from Forexial FX - 18-01-2006

EUR/USD



Technical Analysis: The Euro couldn't rise above the level 1.2135-45 in yesterday's trading session and rebounded lower to to just below the support point at 1.2075 at 1.2050-55 level passing in its way the fibo 50.0%(from 1.2585 to 1.1640) at 1.2114. It is expected for the Euro to continue to trade between the resistance point 1.2170 and the fibo 38.2% at 1.2002. The Euro investors will be looking to keep the Euro above the 1.2000 level for the coming sessions. The Euro movement could be enhanced due to the release of the E-12 Industrial Production m/m which is expected to come out better than the previous reading and it will be released at 10:00 GMT. But the a greater effect will come from the release of the US CPI (excl. food and energy) m/m which will come out same as the previous number. The Euro could test the fibo 61.8% at 1.2225 and it might test the stronger resistance point at 1.2254 which is considered to be a peak and a bottom on the daily and 4 hours charts or it might fall to test the first support point at 1.2075 and even lower to the stronger support point at 1.2035 which is considered to be a peak and a bottom on the daily chart.

Recommendation

Sell @ 1.2215
Stop @ 1.2265
Traget @ 1.2160

Buy @ 1.2050
Stop @ 1.2010
Target @ 1.2120

Good luck in your trading


For complete report visit Forexial FX

Regards,
N4X