EURUSD 22/1/2013 D1
D1 อาจจะเป็นรูปแบบ Double top ถ้าลงผ่านแนวรับมาได้ก็จะเป็น Double top ที่สมบูรณ์ โดยส่วนตัวคิดว่าน่าจะลงมายังแนวรับก่อน แต่เทรนหลักยังเป็นขาขึ้นอยู่
วันอังคารที่ 22 มกราคม พ.ศ. 2556
Trade Idea Wrap-up: EUR/USD – Sell at 1.3365
| Candlesticks and Ichimoku Intraday | Written by Action Forex | Jan 21 13 15:34 GMT |
EUR/USD – 1.3313
Most recent candlesticks pattern : N/A
Trend : Up
Tenkan-Sen level :1.3316
Kijun-Sen level :1.3306 Ichimoku cloud top :1.3347 Ichimoku cloud bottom :1.3328
Original strategy :
Sell at 1.3365, Target; 1.3265, Stop: 1.3400
Position: -
Target: - Stop:-
New strategy :
Sell at 1.3365, Target; 1.3265, Stop: 1.3400
Position: -
Target: - Stop:- As the single currency has traded narrow after Friday’s retreat from 1.3398 to 1.3281, suggesting further consolidation would be seen and still reckon upside would be limited to 1.3365-75, bring further consolidation below previous resistance at 1.3404, below said support at 1.3281 would bring weakness towards previous support at 1.3258 but sharp fall below 1.3220-25 (50% Fibonacci retracement of 1.3038-1.3404) is not envisaged and renewed buying interests should emerge above 1.3200, bring another rise later.
In view of this, we are looking to turn short on recovery as 1.3370-75 should limit upside. Only above Friday’s high of 1.3398 would shift risk back to upside for a retest of recent high of 1.3404 but break there is needed to confirm early upmove has resumed and extend gain to 1.3440-45 (50% projection of 1.3038-1.3404 measuring from 1.3258), then towards 1.3484 (61.8% projection), however, price should falter well below 1.3500-10 (psychological resistance and 61.8% projection of 1.2998-1.3404 measuring from 1.3258).
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Euro (€) / US Dollar ($) (EUR/USD) Mid-Session Update for January 21, 2013
Trading was light on Monday due to a U.S. holiday. Although the EUR/USD is managing to post a small gain, it was range bound. Typically, an inside day indicates impending volatility which we could see when the Forex markets resume their normal activity on Tuesday.
Based on the short-term range of 1.3403 to 1.3256, the new pivot price is 1.3330. This price is controlling the short-term direction of the market. Since the market is trading below it, there is a slight bias to the downside.
Daily EUR/USD Chart
A trade though 1.3256 will confirm last week’s closing price reversal top. This is likely to trigger an acceleration into an uptrending Gann angle from the 1.2997 bottom at 1.3217 today.
The spiraling action on the 60-minute chart is another indication of impending volatility. The short-term range is 1.3332 to 1.3299. A break out through either price is likely to trigger a volatile move.
Hourly EUR/USD Chart
A trade through 1.3332 is likely to trigger a move to 1.3370. A move through 1.3299 will likely means a quick test of 1.3280 then 1.3256.
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