report (26)

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www.FuturesTechs.co.uk Chart Levels/SkewBar Comment Automated levels Yesterday’s Market Profile R4 R3 R2 R1 S1 S2 S3 S4 AUDUSD FX Spot Weekly Candlestick Chart 0.8964 0.8889 0.8829 0.8746 0.8702 0.8651 0.8576 0.8519 Short Term Trend: Neutral Medium Trend: Bearish Candlestick Chart says: Weekly bullish “Inverted Hammer” says we went all the way up and all the way back down again. Still trading between major support level at 0.8656 and the big 0.8890 resistance level means a range trade until this is resolved. Good support overnight after a test of the lows held up suggests a positive start to the week (for now) we continue to look for a bottoming pattern. Profile Charts say: Seems pretty happy around 0.8730-75 for now with moves away from here being rejected./responded to. We await clarity and a fresh move away from this perceived “value”. Summary: Consolidation after the confirmed reversal at yearly lows. 13 th October 2014 Open 0.8784 High 0.8788 Low 0.8680 Close 0.8685 Change -1.13% R3 0.8863 R2 0.8826 R1 0.8755 PP 0.8718 S1 0.8647 S2 0.8610 S3 0.8539 Yest MPHI 0.8754 Yest POC 0.8718 Yest MPLO 0.8680 10 SMA 0.8757 20 SMA 0.8820 50 SMA 0.9095 ATR 0.0113 RSI 37

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Transcript of report (26)

  • www.FuturesTechs.co.uk

    Chart Levels/SkewBar

    Comment

    Automated levels

    Yesterdays Market Profile

    R4 R3 R2R1

    S1S2S3S4

    AUDUSDFX Spot

    Weekly Candlestick Chart

    0.89640.88890.88290.8746

    0.87020.86510.85760.8519

    Short Term Trend: Neutral

    Medium Trend: Bearish

    Candlestick Chart says: Weekly bullish Inverted Hammer says we went all the way up and all the way back down again. Still trading between major support level at 0.8656 and the big 0.8890 resistance level means a range trade until this is resolved. Good support overnight after a test of the lows held up suggests a positive start to the week (for now) we continue to look for a bottoming pattern.

    Profile Charts say: Seems pretty happy around 0.8730-75 for now with moves away from here being rejected./responded to. We await clarity and a fresh move away from this perceived value.

    Summary: Consolidation after the confirmed reversal at yearly lows.

    13th October 2014

    Open 0.8784High 0.8788Low 0.8680Close 0.8685Change -1.13%R3 0.8863R2 0.8826R1 0.8755PP 0.8718S1 0.8647S2 0.8610S3 0.8539Yest MPHI 0.8754Yest POC 0.8718Yest MPLO 0.868010 SMA 0.875720 SMA 0.882050 SMA 0.9095ATR 0.0113RSI 37

    Slide Number 1