{"id":15482,"date":"2010-11-17T02:43:44","date_gmt":"2010-11-17T07:43:44","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=15482"},"modified":"2010-11-17T02:43:44","modified_gmt":"2010-11-17T07:43:44","slug":"real-forex-daily-market-analysis-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/11\/17\/real-forex-daily-market-analysis-2\/","title":{"rendered":"“Real-Forex” daily market analysis"},"content":{"rendered":"

USD\/CHF<\/p>\n

Daily graph: http:\/\/www.real-forex.com\/charts-daily\/November2010\/CHF_DAILY_171110.JPG<\/a><\/p>\n

\"USD\/CHF<\/p>\n

A resistance level on 0.9731 was crossed and during yesterday\u2019s trading session, and clearly closed above it. For several sessions, the pair is on its way to the next resistance on the daily graph at 0.9931. During last session that resistance was crossed as well and visibly closed above it.<\/p>\n

Currently, a \u201cLong\u201d trade is not an option since the pair requires a little correction in order to confirm the uptrend and the opportunity created. Two options are possible:<\/p>\n

    \n
  1. The pair is corrected but did not cross back the resistance of 0.9931. After the correction we suggest the identification of an increasing configuration on 1H graph.<\/li>\n
  2. A vain breach of the 0.9931 is done downward, immediately followed by a new increase, and creates the opportunity to go \u201cLong\u201d<\/li>\n<\/ol>\n

    Our analyses suggest the creation of such an opportunity during the tomorrow\u2019s session or the following day.<\/p>\n

    AUD\/USD<\/p>\n

    Daily graph: http:\/\/www.real-forex.com\/charts-daily\/November2010\/AUD_DAILY_171110.JPG<\/a><\/p>\n

    \"AUD\/USD<\/p>\n

    Following an uptrend, which lasted for several months, the pair began to decrease back a few sessions ago by crossing a support level at 1.0002 and clearly closing below it.<\/p>\n

    Currently, the pair is making its way to the following support on the daily graph at 0.9661. When the pair will reach that support, it should be analyzed with the usual tools:<\/p>\n

    1)\u00a0\u00a0\u00a0\u00a0\u00a0 Test of the support \u00e8indication of close reversal, potential for \u201cLong\u201d trades.<\/p>\n

    2)\u00a0\u00a0\u00a0\u00a0\u00a0 Stop on the level. It could be better waiting for a \u201cParking\u201d of about a session and a half, and then entering a \u201cLong\u201d order.<\/p>\n

    3)\u00a0\u00a0\u00a0\u00a0\u00a0 Clear and sharp breach of the support \u00e8 it could be safer waiting for a small correction and after the identification of a decreasing configuration on 1H graph, go \u201cShort\u201d along with the new trend.<\/p>\n

    Have a profitable day!<\/p>\n

    Real \u2013 Forex<\/a> team \"logo\"<\/p>\n","protected":false},"excerpt":{"rendered":"

    A resistance level on 0.9731 was crossed and during yesterday\u2019s trading session, and clearly closed above it. For several sessions, the pair is on its way to the next resistance on the daily graph at 0.9931. During last session that resistance was crossed as well and visibly closed above it.<\/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-15482","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/15482","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=15482"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/15482\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=15482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=15482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=15482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}