Forex Signal

Performance:    

Date	Buy / Sell	Currency	Entry Point	Result (PIPS)
04-03-2013	BUY	EUR/GBP	0.8645	-20
04-03-2013	BUY	USD/CAD	1.0290	-20
04-03-2013	BUY	EUR/USD	1.2996	+40
05-03-2013	BUY	AUD/USD	1.0225	+35
06-03-2013	SELL	USD/CHF	0.9440	-20
06-03-2013	SELL	AUD/USD	1.0265	+30
06-03-2013	BUY	EUR/USD	1.2980	+80
07-03-2013	BUY	EUR/JPY	122.50	+120
08-03-2013	BUY	GBP/USD	1.4980	+40
12-03-2013	BUY	USD/JPY	96.00	+15
13-03-2013	BUY	GBP/USD	1.4953	+5
13-03-2013	SELL	EUR/USD	1.3055	+40
13-03-2013	BUY	USD/JPY	95.85	+25
13-03-2013	BUY	AUD/USD	1.0295	+55
14-03-2013	SELL	EUR/USD	1.2945	+70
15-03-2013	BUY	EUR/USD	1.3036	+28
18-03-2013	BUY	EUR/USD	1.2904	+55
18-03-2013	SELL	AUD/USD	1.3090	+5
19-03-2013	BUY	GBP/USD	1.5093	+18
19-03-2013	BUY	GBP/USD	1.5120	+5
19-03-2013	BUY	EUR/USD	1.2940	-40
19-03-2013	BUY	EUR/USD	1.2885	-20
20-03-2013	BUY	EUR/USD	1.2890	+2
20-03-2013	SELL	EUR/USD	1.2907	-18
21-03-2013	SELL	EUR/USD	1.2942	+50
21-03-2013	SELL	EUR/USD	1.2920	+28
25-03-2013	SELL	EUR/USD	1.3035	+35
25-03-2013	SELL	USD/CHF	0.9476	-30
26-03-2013	SELL	AUD/USD	1.0475	+40
28-03-2013	SELL	USD/CHF	0.9529	+50
28-03-2013	BUY	USD/CAD	1.0156	+5
TOTAL				+708

GBP/USD ডেইলি আউটলুক ২৮ মার্চ ২০১৩

GBP/USD 4H চার্টে এখন প্রাইস চ্যানেলে সাপোর্টের মুখোমুখি। সেখান থেকে প্রাইস Rebound করে উপরে উঠতে পারে। আরেকটা বিষয় খেয়াল রাখতে হবে Upside এ প্রাইস যদি 1.5185 এর ক্লিয়ার ব্রেক করে তাহলে পরবর্তী টার্গেট হতে পারে 1.5350 zone।  অপর দিকে সাপোর্ট এর ডাউন সাইড এ ক্লিয়ার ব্রেক প্রাইসকে আবার  1.4831 কে টেস্ট করাতে পারে।  সবমিলিয়ে আজকে GBP/USD  বলা যায় একটা কঠিন সময় এর মধ্যে দিয়ে যাচ্ছে তাই বাই সেল অর্ডার ওপেন এর পূর্বে ট্রেডারদেরকে প্রাইস মুভমেন্ট ভালো করে খেয়াল করার অনুরোধ জানাচ্ছি। 

USD/JPY ডেইলি আউটলুক ২৮ মার্চ ২০১৩

USD/JPY 4H চার্টে এখনো Downtrend প্রাইস চ্যানেল এ রয়েছে, এবং 96.70 থেকে এই Downtrend শুরু হয়েছ। যতদিন প্রাইস চ্যানেল এর Upper line এ  Resistance বহাল থাকবে আশা করছি ততদিন ডাউন ট্রেন্ড Continue করবে বলে আশা করছি। এবং পরবর্তী টার্গেট হতে পারে  92.00 -93.00 প্রাইস এরিয়া। অপরদিকে Upside Resistance এর ক্লিয়ার ব্রেক প্রাইসের নতুন ট্রেন্ড শুরু করতে পারে ।

USD/JPY ডেইলি আউটলুক ২৭ মার্চ ২০১৩

USD/JPY এখনো ডাউন ট্রেন্ড এ রয়েছে যা শুরু হয়েছিল 96.70 থেকে। তবে কালকে প্রাইসের কিছুটা উঠে যাওয়াকে Downtrend Consolidation বলা যেতে পারে। Key Resistance 4H চার্টে Upper Trendline এ আছে। তাই Resistance Hold করা পর্যন্ত মার্কেট নিচে যাবে বলে ধারণা করছি। পরবর্তী টার্গেট হতে পারে 92.00 – 93.00 এরিয়া। অপর দিকে Resistance এর ক্লিয়ার ব্রেক ডাউন ট্রেন্ড কমপ্লিট এর সিগন্যাল দিবে এবং নতুন ট্রেন্ড শুরু করবে। 

Liteforex Bangladesh Challenge Contest Result

Daily Analysis 2012-08-13

EUR/USD

Many traders expected the Euro to rise on the background of the bullish momentum in the stock markets. However, investors decided to take advantage of the recent rising in order to sell the Euro. The currency reached a strong support at 1.24 and despite the break up of the US indices, the Euro failed in breaking through. Stochastic levels are still high, which means that the currency might continue falling towards 1.217-1.22. Nevertheless, the tails that extend from Friday's candlestick indicates for a possible bullish reversal.  The Euro gets support at 1.2240 and if it crosses above Friday's high, it might show another attempt of breaking through 1.24.

GBP/USD

As we estimated on the previous weekly analysis, the pound continued to be traded between the support at 1.545 and the resistance at 1.57. The currency narrowed the range last week, as a strong support appeared around 1.5550. The pound close on the resistance at 1.57 as it looks ready to break through. If it succeeds, the pound might jump upwards to 1.59. However, the 200 SMA waits just above 1.57 and it might be a tough obstacle for the pound. In case of a failure, the currency might slide to the channel's support at 1.545. Investors will look forwards to Wednesday, as the MPC meeting minutes will be revealed.

USD/JPY

This pair keeps stamping, as it could not break through neither the resistance at 78.85 or the support at 78.0.  The main reason for this unclear trend is the contradicting forces of each currency, in which the USD is traded against the general trend. Trading the pair when it has unclear direction is extremely dangerous. Therefore, one should wait until the pair breaks up or breaks down. According to the bearish trend that appears on the daily chart, the Yen is likely to break down. If it does, we might see it around 77.0.

Daily Analysis 2012-07-31

Wall Street opened the trading week on the red territory as NASDAQ shed 0.41%. Dow Jones and S&P 500 lost respectively 0.02% and 0.05% and this indicates for a slight correction to last week's rally. Investors will focus today on consumer confidence data as well on personal spending and personal income data.

EUR/JPY

The Euro is clearly overbought after the sharp rising last week. The currency made a bearish candlestick in the daily chart of EUR/USD and if it slides under yesterday's low, it will ibe an indication for a possible bearish reversal. The Yen, on the other hand, strengthened against the USD yesterday and slid under the important support at 78.25. Therefore, the pair EUR/JPY made a bearish reversal as well. The Euro got the resistance of the 20 EMA on Friday and as a result, a red candlestick appeared in the daily chart. The bullish correction helped the Euro to correct approximately 50% of the recent bearish session, which means that the pair reached proper levels for a bearish reversing. In order to resume strengthening against the Euro, the Japanese Yen will have to break down and close under yesterday's low. If it succeeds, it might strengthen to the level of 94.0 against the Euro.

AUD/JPY

The Australian dollar is currently in a middle of a strong bullish movement against the USD. After it got a strong support at 1.025, the currency rose nearly 250 pips against the USD. The Aussie is now facing the resistance at 1.05 and if it successfully breaks through, it might jump towards 1.07.

The AUD is getting stronger against most of the currencies, including the JPY. Despite the fact that the JPY is gaining power against the USD, the AUD managed to force a break up pattern on the pair's daily chart. The level of 82.35 is resisting the pair and a strong break up might trigger many automatic orders that can lift the pair towards 84.75.

AUD/NZD

We analyzed the pair a week ago and mentioned that it reached a strong resistance in the daily chart. As we expected, stochastic high levels prevented additional break up and the pair corrected down to the support of the 200 SMA. Stochastic levels still indicate for overbuying situation, which means that the bearish correction might continue. If the NZD break down the current support, the pair might fall to 1.285. However, a break up of the 3-days high at 1.30 might push the pair above the resistance at 1.3050.