{"id":13943,"date":"2010-10-12T07:10:53","date_gmt":"2010-10-12T11:10:53","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=13943"},"modified":"2010-10-12T07:10:53","modified_gmt":"2010-10-12T11:10:53","slug":"forex-daily-analysis","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/10\/12\/forex-daily-analysis\/","title":{"rendered":"Forex daily analysis"},"content":{"rendered":"<p>EUR\/USD<\/p>\n<p>Daily graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/121010\/EUR_DAILY_121010.JPG\">http:\/\/www.real-forex.com\/charts-daily\/121010\/EUR_DAILY_121010.JPG<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/yoel\/12-10-2010\/EUR_DAILY_121010.jpg\" alt=\"eur-daily\" width=\"314\" height=\"196\" \/><\/p>\n<p>One &#8211; hour graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/121010\/EUR_1H_121010.JPG\">http:\/\/www.real-forex.com\/charts-daily\/121010\/EUR_1H_121010.JPG<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/yoel\/12-10-2010\/EUR_1H_121010.jpg\" alt=\"eur-1h\" width=\"314\" height=\"196\" \/><\/p>\n<p>For the last few weeks, the pair had a clear and strong uptrend. A few sessions ago, a very important resistance at 1.4031 stopped it. The following session was quite anemic, but the last session showed a clear downtrend.<\/p>\n<p>The uncorrected uptrend in addition to the important resistance opposed to the pair may suggest a reversing trend which will partially correct the intensive uptrend occurred during the last weeks, creating an opportunity to make a profitable \u201cShort\u201d.<\/p>\n<p>Potential trade<\/p>\n<p>We suggest looking for a decreasing configuration on one-hour graph. Such a configuration should appear once the support level 1.3866 will be crossed downward. If the configuration required is identified, we suggest to enter the following orders:<\/p>\n<ul>\n<li>\u201cLimit\u201d order on \u201cShort\u201d position 10 pips below the support level noticed earlier, meaning: 1.3856.<\/li>\n<li>\u201cStop loss\u201d order on the last high occurred: 1.3901<\/li>\n<\/ul>\n<p>NZD\/USD<\/p>\n<p>Weekly graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/121010\/NZD_WEEKLY_121010.JPG\">http:\/\/www.real-forex.com\/charts-daily\/121010\/NZD_WEEKLY_121010.JPG<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/yoel\/12-10-2010\/NZD_WEEKLY_121010.jpg\" alt=\"nzd-weekly\" width=\"314\" height=\"196\" \/><\/p>\n<p>A very sharp and clear uptrend started about 8 weeks ago. The potential stopping point can only appear on a weekly graph.<\/p>\n<p>We are currently about 120 pips below an important resistance at 0.7642. We anticipate a reversing trend which may correct the uptrend occurred during the last period. \u00a0This correction may create an opportunity for a nice \u201cShort\u201d.<\/p>\n<p>A daily reversal candle on the resistance could be a clear sign for the reversal.\u00a0 If this candle appears, the opportunity to \u201cShort\u201d will be created.<\/p>\n<p>Have a profitable day!<\/p>\n<p><a href=\"http:\/\/www.real-forex.com\">Real forex team\u00a0<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/164x30.jpg\" alt=\"logo\" width=\"164\" height=\"30\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the last few weeks, the pair had a clear and strong uptrend. A few sessions ago, a very important resistance at 1.4031 stopped it. The following session was quite anemic, but the last session showed a clear downtrend.<\/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-13943","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13943","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=13943"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/13943\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=13943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=13943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=13943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}