{"id":14777,"date":"2010-11-02T05:28:18","date_gmt":"2010-11-02T09:28:18","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=14777"},"modified":"2010-11-02T05:28:18","modified_gmt":"2010-11-02T09:28:18","slug":"daily-market-analysis-02-11-2010","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/11\/02\/daily-market-analysis-02-11-2010\/","title":{"rendered":"Daily market analysis 02-11-2010"},"content":{"rendered":"<p>USD\/JPY<\/p>\n<p>Daily graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/November2010\/JPY_DAILY_021110.JPG\">http:\/\/www.real-forex.com\/charts-daily\/November2010\/JPY_DAILY_021110.JPG<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/yoel\/02-11-2010\/JPY_DAILY_021110.jpg\" alt=\"usd\/jpy daily\" width=\"314\" height=\"196\" \/><\/p>\n<p>During the navigation of the 20 previous trading sessions, the pair tried to cross several times the support of 80.42 but failed. The vain breach occurred in the session of 01-11-2010 could indicate a soon reversal, creating an opportunity to go \u201cLong\u201d.<\/p>\n<p>The identification of an increasing configuration should confirm this opportunity.<\/p>\n<p>Potential trade<\/p>\n<p>One-Hour graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/November2010\/JPY_1H_021110.JPG\">http:\/\/www.real-forex.com\/charts-daily\/November2010\/JPY_1H_021110.JPG<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/yoel\/02-11-2010\/JPY_1H_021110.jpg\" alt=\"usd\/jpy 1h\" width=\"314\" height=\"196\" \/><\/p>\n<p>Once the resistance of 80.8 will be crossed and broken, the required configuration should appear. Every trade has to be done carefully, therefore our analysts chose this way:<\/p>\n<ul>\n<li>\u201cLimit\u201d order on \u201cLong\u201d position 10 pips above the one-hour resistance mentioned earlier, meaning: 80.9.<\/li>\n<li>\u201cStop Loss\u201d on the last low occurred: 80.33<\/li>\n<li>\u201cTake profit\u201d on the following resistance: 81.1.<\/li>\n<\/ul>\n<p>AUD\/CAD<\/p>\n<p>Daily graph: <a href=\"http:\/\/www.real-forex.com\/charts-daily\/November2010\/AUD_DAILY_021110.JPG\">http:\/\/www.real-forex.com\/charts-daily\/November2010\/AUD_DAILY_021110.JPG<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.real-forex.com\/charts-daily\/yoel\/02-11-2010\/AUD_DAILY_021110.jpg\" alt=\"aud\/cad daily\" width=\"314\" height=\"196\" \/><\/p>\n<p>The navigation of the last three weeks didn\u2019t stop and is still moving between 0.9661 and 1. Due to the anemic candle appeared on 01-11-2010, the pair may not reach the resistance of the parity at all.<\/p>\n<p>The movement of the pair is very likely to change into a downtrend and even break the support. Once reached, the pair can either test the support, or cross the support and break it.<\/p>\n<p>In case of simple vain breach of the support, the pair is expected to start a new uptrend until the resistance of 1, creating the opportunity to go \u201cLong\u201d.<\/p>\n<p>If the support is crossed and broken, the navigation will stop and the current downtrend will continue, creating the opportunity to go \u201cShort\u201d.<\/p>\n<p>We\u2019ll keep following\u2026<\/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>During the navigation of the 20 previous trading sessions, the pair tried to cross several times the support of 80.42 but failed. The vain breach occurred in the session of 01-11-2010 could indicate a soon reversal, creating an opportunity to go \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-14777","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14777","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=14777"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14777\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=14777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=14777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=14777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}