{"id":13909,"date":"2010-10-11T09:32:23","date_gmt":"2010-10-11T13:32:23","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=13909"},"modified":"2010-10-11T09:32:23","modified_gmt":"2010-10-11T13:32:23","slug":"forex-daily-analysis-11-10-2010","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/10\/11\/forex-daily-analysis-11-10-2010\/","title":{"rendered":"Forex daily analysis: 11-10-2010"},"content":{"rendered":"<p>USD\/CHF<\/p>\n<p>Daily graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/111010\/CHF_DAILY_111010.JPG\">http:\/\/www.real-forex.com\/charts-daily\/111010\/CHF_DAILY_111010.JPG<\/a> <strong> <\/strong><\/p>\n<p><strong> <\/strong><\/p>\n<p>One hour graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/111010\/CHF_1H_111010.JPG\">http:\/\/www.real-forex.com\/charts-daily\/111010\/CHF_1H_111010.JPG<\/a><strong> <\/strong><\/p>\n<p><strong> <\/strong><\/p>\n<p>We can identify a clear and sharp downtrend for the pair during the last few weeks. The bearish envelope template appeared during the 06-10-2010 and 07-10-2010 sessions suggest a close reversing trend, creating an opportunity for a \u201cLong\u201d. In order to catch this opportunity, we suggest looking for an ascending configuration on the one-hour graph. <strong><br \/>\n<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/111010\/CHF_DAILY_111010.JPG\" alt=\"\" width=\"400\" height=\"250\" \/><\/p>\n<p>According to our opinion, the required configuration will be created if the once the resistance 0.9711 will be crossed upward.<strong><br \/>\n<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/111010\/CHF_1H_111010.JPG\" alt=\"\" width=\"400\" height=\"250\" \/><br \/>\nPotential trade<\/p>\n<ul>\n<li>\u201cLimit\u201d order on \u201cLong\u201d position 10 pips above the resistance mentioned previously, meaning 0.9701.<strong><br \/>\n<\/strong><\/li>\n<li>\u201cStop Loss\u201d order on the last low occurred: 0.9592<strong><br \/>\n<\/strong><\/li>\n<\/ul>\n<p>USD\/CAD<\/p>\n<p>Daily graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/111010\/CAD_DAILY_1101010.JPG\">http:\/\/www.real-forex.com\/charts-daily\/111010\/CAD_DAILY_1101010.JPG<\/a><strong><\/strong><\/p>\n<p><strong><\/strong><\/p>\n<p>For the last few weeks, the pair doesn\u2019t follow any specific trend. However, three days ago, the currency crossed a very important support level for a daily graph at 1.0111. Once crossed, a bullish envelope template appeared. A breach of the 07-10-2010 would confirm the template, suggesting a reversing trend upward oriented, creating an opportunity for a \u201cLong\u201d transaction.<strong><br \/>\n<\/strong><\/p>\n<p>We suggest waiting for the breach required, and looking for an ascending configuration on one hour graph in order to enter the transaction.<strong><br \/>\n<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/111010\/CAD_DAILY_1101010.JPG\" alt=\"\" width=\"400\" height=\"250\" \/><\/p>\n<p>Have a nice day!<strong><br \/>\n<\/strong><\/p>\n<p>Real forex team<\/p>\n<p>Sponsored by: Real-Forex<a href=\"http:\/\/www.real-forex.com\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/164x30.jpg\" alt=\"\" width=\"164\" height=\"30\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We can identify a clear and sharp downtrend for the pair during the last few weeks. The bearish envelope template appeared during the 06-10-2010 and 07-10-2010 sessions suggest a close reversing trend,<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-13909","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=13909"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13909\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=13909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=13909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=13909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}