{"id":14066,"date":"2010-10-15T03:08:59","date_gmt":"2010-10-15T07:08:59","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=14066"},"modified":"2010-10-15T03:08:59","modified_gmt":"2010-10-15T07:08:59","slug":"forex-daily-analysis-15-10-2010","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/10\/15\/forex-daily-analysis-15-10-2010\/","title":{"rendered":"Forex daily analysis 15-10-2010"},"content":{"rendered":"<p>USD\/CAD<\/p>\n<p>Daily graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/151010\/CAD_DAILY_151010.JPG\">http:\/\/www.real-forex.com\/charts-daily\/151010\/CAD_DAILY_151010.JPG<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/yoel\/15-10-2010\/CAD_DAILY_151010.jpg\" alt=\"cad daily\" width=\"314\" height=\"196\" \/><\/p>\n<p>One-Hour graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/151010\/CAD_1H_151010.JPG\">http:\/\/www.real-forex.com\/charts-daily\/151010\/CAD_1H_151010.JPG<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/yoel\/15-10-2010\/CAD_1H_151010.jpg\" alt=\"cad 1h\" width=\"314\" height=\"196\" \/><\/p>\n<p>The decrease of the currency until the support level 0.9974 anticipated in the last session truly happened.<\/p>\n<p>On the daily graph, we can clearly see that the pair almost reached the level mentioned above. Once reached, because of the importance of the level, a reversing trend may occur, suggesting an opportunity to trade \u201cLong\u201d.<\/p>\n<p>Potential trade<\/p>\n<p>We suggest looking for an ascending configuration on one-hour graph. Such a configuration should appear after the pair will break the resistance level of 1.0075 upward. Order suggested:<\/p>\n<ul>\n<li>\u201cLimit\u201d order on \u201cLong\u201d position 10 pips above the resistance of 1.0075, meaning 1.0085.<\/li>\n<li>First level for a \u201cStop Loss\u201d order on the last low appeared: 1.0026<\/li>\n<\/ul>\n<p>EUR\/JPY<\/p>\n<p>Daily graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/151010\/EUR_JPY_DAILY_1510.JPG\">http:\/\/www.real-forex.com\/charts-daily\/151010\/EUR_JPY_DAILY_1510.JPG<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/yoel\/15-10-2010\/EUR_JPY_DAILY_1510.jpg\" alt=\"eur-jpy daily\" width=\"314\" height=\"196\" \/><\/p>\n<p>After quite a long period of increase in the pair, a reversal happened last week. Please pay attention how important were the candles in the beginning of the decreasing process.<\/p>\n<p>After four days downtrend oriented, a new uptrend occurred, however with small candles, compared to those appeared in the beginning of the decreasing process.<\/p>\n<p>An interesting resistance stopped the trend at 114.83, suggesting a reversing trend. The reversal may create an opportunity for a \u201cShort\u201d trade.<\/p>\n<p>Suggestion: A daily reversing candle or a descending configuration may confirm the reversal to start the transaction.<\/p>\n<p>Have a profitable day!<\/p>\n<p><a href=\"http:\/\/www.real-forex.com\">Real Forex team <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>On the daily graph, we can clearly see that the pair almost reached the level mentioned above. Once reached, because of the importance of the level, a reversing trend may occur, suggesting an opportunity to trade \u201cLong\u201d.<\/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-14066","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14066","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=14066"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14066\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=14066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=14066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=14066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}