Friday Sep. 19 2014

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DAILY FOREX MARKET ANALYSIS SELECTED CURRENCY PAIRS SEPTEMBER 19, 2014 ______________________________________________________________ I. DAILY CHART CURRENCY ANALYSIS WIDE-VIEW ANALYSIS IMMEDIATE-VIEW ANALYSIS BRIEF DESCRIPTION II. POSSIBLE TRADES NEXT FEW DAYS ________________________________________________________ TODAY´S PAIRS EURO JPY GBP JPY AUD CAD GBP CHF

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Transcript of Friday Sep. 19 2014

  • DAILY FOREX MARKET ANALYSIS

    SELECTED CURRENCY PAIRS

    SEPTEMBER 19, 2014______________________________________________________________

    I. DAILY CHART CURRENCY ANALYSIS

    WIDE-VIEW ANALYSIS

    IMMEDIATE-VIEW ANALYSIS

    BRIEF DESCRIPTION

    II. POSSIBLE TRADES NEXT FEW DAYS

    ________________________________________________________

    TODAYS PAIRS

    EUROJPY

    GBP JPY

    AUD CAD

    GBP CHF

  • I. CURRENCY ANALYSIS

    EURO JPY

    DAILY CHART

    100,00

    110,00

    120,00

    130,00

    140,00

    15/02/2012 28/08 10/12 26/03/2013 08/07 18/10 03/02/2014 16/05 28/08

    Mar May Jul Sep Nov 2013 Mar May Jul Sep Nov 2014 Mar May Jul Sep

    FXCM Marketscope 2014

    140,451

    Large Pennant setup between the Inner and Outer Uptrend Lines;

    DAILY CHART

    Pennant broken with Bull Candle- started with break of small Range;

    Has reached the Weekly Range - setup and another signal could follow;

  • GBP JPY

    WIDER VIEW

    DAILY CHART

    120,00

    130,00

    140,00

    150,00

    160,00

    170,00

    180,00

    10/11/2011 09/08 30/11 27/03/2013 18/07 08/11 05/03/2014 26/06

    2012 Mar May Jul Sep Nov 2013 Mar May Jul Sep Nov 2014 Mar May Jul Sep

    FXCM Marketscope 2014

    177,684

    Broke out of Large Pennant above Inner Uptrend Line;

    DAILY CHART

    Has hit the Monthly Range (MR) of this pair (1,000 Pips);

    Needs a pullback, setup and another Signal to resume breakout;

  • AUD CAD

    WIDER VIEW

    0,9250

    0,9500

    0,9750

    1,0000

    1,0250

    1,0500

    11/06/2013 16/08 08/10 28/11 22/01/2014 14/03 06/05 26/06 18/08

    Jul Aug Sep Oct Nov Dec 2014 Feb Mar Apr May Jun Jul Aug Sep

    FXCM Marketscope 2014

    0,97744

    Broke out of Range, now at Outer Uptrend Line;

    IMMEDIATE VIEW

    At the Breakout Equivalent (B.E.) of small Range;

    Below Outer Uptrend Line;

  • GBP CHF

    DAILY CHART

    1,4000

    1,4250

    1,4500

    1,4750

    1,5000

    1,5250

    1,5500

    08/02/2013 12/06 21/08 30/10 10/01/2014 21/03 30/05 08/08 09/10

    Mar Apr May Jun Jul Aug Sep Oct Nov 2014 Mar Apr May Jun Jul Aug Oct

    FXCM Marketscope 2014

    1,53200

    Resuming Uptrend with break of Counter Trend Line (Red);

    DAILY CHART

    Has rallied to just below the Weekly Range;

  • III. POSSIBLE TRADES NEXT FEW DAYS

    PAIR SETUPS & SIGNALS

    EURO JPY Daily Chart Setup and Signal to continue bullish breakout;AUD CAD Setup and Bearish Signal Below Outer Trend Line;

    ___________________________________________________________