{"id":14214,"date":"2010-10-19T05:35:18","date_gmt":"2010-10-19T09:35:18","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=14214"},"modified":"2010-10-19T05:35:18","modified_gmt":"2010-10-19T09:35:18","slug":"forex-daily-analysis-19-10-2010","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/10\/19\/forex-daily-analysis-19-10-2010\/","title":{"rendered":"Forex daily analysis 19-10-2010"},"content":{"rendered":"<p>USD\/CAD<\/p>\n<p>Daily graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/191010\/CAD_DAILY_191010.JPG\">http:\/\/www.real-forex.com\/charts-daily\/191010\/CAD_DAILY_191010.JPG<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/yoel\/19-10-2010\/CAD_DAILY_191010.jpg\" alt=\"USD\/CAD daily\" width=\"314\" height=\"196\" \/><\/p>\n<p>One-Hour graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/191010\/CAD_1H_191010.JPG\">http:\/\/www.real-forex.com\/charts-daily\/191010\/CAD_1H_191010.JPG<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/yoel\/19-10-2010\/CAD_1H_191010.jpg\" alt=\"USD\/CAD 1H\" width=\"314\" height=\"196\" \/><\/p>\n<p>An important support at 1.0163 was crossed downward a few days ago. We can identify a small breach of the support during last session but it was only a test. The pair kept its current trend downward. This small test confirms the fact that the support became a resistance.<\/p>\n<p>The current trend creates the opportunity for a \u201cShort\u201d trade which could be open by the identification of a decreasing configuration on one \u2013 hour graph.<\/p>\n<p>Potential trade<\/p>\n<p>Our analysts estimate the creation of the opportunity once the support of 1.0136 will be broken downward. Our transaction once the support will be broken:<\/p>\n<ul>\n<li>\u201cLimit\u201d order on \u201cShort\u201d position 10 pips below the mentioned the support, meaning: 1.0126.<\/li>\n<li>\u201cStop Loss\u201d on the last high occurred: 1.0160<\/li>\n<li>\u201cTake Profit\u201d order on the next support: 1.0091<\/li>\n<\/ul>\n<p>AUD\/CAD<\/p>\n<p>Weekly graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/191010\/AUD_WEEKLY_191010.JPG\">http:\/\/www.real-forex.com\/charts-daily\/191010\/AUD_WEEKLY_191010.JPG<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/yoel\/19-10-2010\/AUD_WEEKLY_191010.jpg\" alt=\"AUD\/CAD\" width=\"314\" height=\"196\" \/><\/p>\n<p>The pair crossed a very important resistance at 0.9867 during the last 2 weeks, followed by an intensive increase in the currency.<\/p>\n<p>Since the level the pair just crossed is the highest ever reached, our analyses estimate a very high probability for the current trend to increase. Such estimation suggests a great opportunity for a \u201cLong\u201d trade.<\/p>\n<p>In order to catch the opportunity, our analysts suggest observing how the pair will behave with the resistance.\u00a0 If a small reversal happens, followed by a small correction, but still stopped above the resistance, the opportunity for a \u201cLong\u201d will be created.<\/p>\n<p>We estimate a great potential for this transaction since the highest level ever reached was just crossed.<\/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>An important support at 1.0163 was crossed downward a few days ago. We can identify a small breach of the support during last session but it was only a test. The pair kept its current trend downward. This small test confirms the fact that the support became a resistance.<\/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-14214","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14214","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=14214"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14214\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=14214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=14214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=14214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}