{"id":14531,"date":"2010-10-27T05:25:24","date_gmt":"2010-10-27T09:25:24","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=14531"},"modified":"2010-10-27T05:25:24","modified_gmt":"2010-10-27T09:25:24","slug":"forex-daily-analysis-27-10-2010","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/10\/27\/forex-daily-analysis-27-10-2010\/","title":{"rendered":"Forex daily analysis 27-10-2010"},"content":{"rendered":"<p>USD\/JPY<\/p>\n<p>Daily graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/271010\/JPY_DAILY_271010.JPG\">http:\/\/www.real-forex.com\/charts-daily\/271010\/JPY_DAILY_271010.JPG<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/yoel\/27-10-2010\/JPY_DAILY_271010.jpg\" alt=\"USD\/JPY daily\" width=\"314\" height=\"196\" \/><\/p>\n<p>For quite a long period, and until the 25-10-2010 session, the evolution of the pair was clearly downward. Two sessions ago, the support of 80.86 was tested. Following that little and short breach, the pair started to increase again during last session, creating an opportunity to go \u201cLong\u201d.<\/p>\n<p>The test of the support, in addition to the new uptrend, created the increasing envelope template, indicator of future reversal, which should be confirmed by the identification of an increasing configuration on 1 H graph.<\/p>\n<p>Potential trade<\/p>\n<p>1 H graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/271010\/JPY_1H_271010.JPG\">http:\/\/www.real-forex.com\/charts-daily\/271010\/JPY_1H_271010.JPG<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/yoel\/27-10-2010\/JPY_1H_271010.jpg\" alt=\"USD\/JPY 1H\" width=\"314\" height=\"196\" \/><\/p>\n<p>The required configuration should be created once the pair will cross the resistance of 81.64 on 1H graph. In such a case, entering the following transaction might be very profitable:<\/p>\n<ul>\n<li>\u201climit\u201d order on \u201cLong\u201d position 10 pips above the mentioned resistance: 81.74<\/li>\n<li>\u201cStop Loss\u201d on the last \u201cLow\u201d occurred, which is 81.18.<\/li>\n<li>\u201cTake Profit\u201d on the next resistance which is 81.91.<\/li>\n<\/ul>\n<p>NZD\/USD<\/p>\n<p>Daily graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/271010\/NZD_DAILY_271010.JPG\">http:\/\/www.real-forex.com\/charts-daily\/271010\/NZD_DAILY_271010.JPG<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/yoel\/27-10-2010\/NZD_DAILY_271010.jpg\" alt=\"NZD\/USD daily\" width=\"314\" height=\"196\" \/><\/p>\n<p>For several sessions already, the pair is navigating between 0.7550 and 0.7425. In the session of 25-10-2010 the pair reached the 0.7560 USD and started to go down in the following session. The way the pair will behave once the support of 0.7425 reached will determine the best strategy.<\/p>\n<p>If a test occurs (vain breach of the Support), going \u201cLong\u201d might have positive consequences.<\/p>\n<p>If the support is crossed and broken downward, going \u201cShort\u201d after a small technical correction could be more adapted to the situation.<\/p>\n<p>Keep following the evolution of the pair and act in function<\/p>\n<p>Have a profitable day!<\/p>\n<p><a href=\"http:\/\/www.real-forex.com\/affiliate\/scripts\/click.php?a_aid=CountingPips&amp;desturl=http%3A%2F%2Fwww.real-forex.com%2F\">Real-Forex<\/a> team. <img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/146x29.jpg\" alt=\"logo\" width=\"146\" height=\"29\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The test of the support, in addition to the new uptrend, created the increasing envelope template, indicator of future reversal, which should be confirmed by the identification of an increasing configuration on 1 H graph.<\/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-14531","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14531","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=14531"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14531\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=14531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=14531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=14531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}