{"id":20652,"date":"2011-04-14T04:54:11","date_gmt":"2011-04-14T08:54:11","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=20652"},"modified":"2011-04-14T04:54:11","modified_gmt":"2011-04-14T08:54:11","slug":"daily-market-review-for-the-14-04-2011","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/04\/14\/daily-market-review-for-the-14-04-2011\/","title":{"rendered":"Daily Market Review for the 14.04.2011"},"content":{"rendered":"

EUR-USD<\/strong><\/p>\n

Time:19.30  Rate:1.4477<\/strong><\/p>\n

Strategy: short<\/strong><\/p>\n

Daily time frame<\/strong><\/p>\n

The price was not able to break out another day the level of 1.4520, and the upper side of the parallel upward channel. Most likely the price will decrease to the level of 1.4330 in the first stage. (a third retracement of CD).<\/p>\n

As can be seen by the graph bellow:<\/a><\/strong><\/p>\n

\"\"<\/p>\n

 <\/p>\n

4 hour time frame<\/strong><\/p>\n

 The price created an evening star (brown background) under the resistance level 1.4520 and the breakdown of the level 1.4430, will most likely bring it to the level of 1.4330, retracement of the third Fibonacci of the continuous upward movement (broken blue line).<\/p>\n

Potential Trade<\/strong><\/p>\n

Short<\/strong><\/p>\n

Enter: 1.4430<\/p>\n

Stop: 1.4525<\/p>\n

Target: 1.4330<\/p>\n

As can be seen by the graph bellow:<\/a><\/strong><\/p>\n

\"\"<\/p>\n

 <\/p>\n

GBP-USD<\/strong><\/p>\n

Time: 19.30  Rate: 1.6277<\/strong><\/p>\n

Strategy: short <\/strong><\/p>\n

Daily time frame <\/strong><\/p>\n

The price was supported on the level of 1.6240 (third retracement of the continuous upward movement- broken blue line). The breakdown of the price of this support level will bring it to the level of 1.6110 (two thirds retracement of the continuous upward movement).  <\/strong><\/p>\n

As can be seen by the graph bellow:<\/a> <\/strong><\/p>\n

\"\"<\/p>\n

 <\/p>\n

4 hour time frame<\/strong><\/p>\n

The price broke the resistance level 1.63, and we believe that in the first stage will get to 1.62, support level. If and when the price will break the price level 1.6200, most likely will get to the level 1.60.<\/p>\n

As can be seen by the graph bellow:<\/a><\/strong><\/p>\n

\"\"<\/p>\n

 <\/p>\n

Important news for the 14.04.2011<\/strong><\/p>\n

Time: 15.30 USD PPI m\/m<\/p>\n

Time: 15.30 USD unemployment Claims<\/p>\n

Time: 15.30 USD Core PPI m\/m<\/p>\n

All day: G7 meetings<\/p>\n

 <\/p>\n

RISK DISCLAIMER<\/p>\n

Forex trading<\/a> involves high risk. Before any trade<\/a>, you should consider carefully the investment<\/a> objectives and the level of risk. The data sent by mail is not necessarily real-time data or precise. Real-Forex is not liable for the losses resulting from the utilization of the data. Real-Forex (Finnocorp<\/a> Trading Solution Ltd<\/p>\n

.) is not liable for losses or damages as a result of reliance on the information provided by e-mail or on the overall data, quotes, charts, signals buy \/ sell<\/a>. It is hereby clarified that the investor must be aware of risks involved in trading in financial markets, which is a form of investment that may contain potential risks.<\/p>\n

Real-Forex<\/a> team \"\"<\/a><\/p>\n

Trade like the pro’s with a true ECN Forex broker<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

EUR-USD Time:19.30  Rate:1.4477 Strategy: short Daily time frame The price was not able to break out another day the level of 1.4520, and the upper side of the parallel upward channel. Most likely the price will decrease to the level of 1.4330 in the first stage. (a third retracement of CD). As can be seen … <\/p>\n

Continue reading “Daily Market Review for the 14.04.2011”<\/span><\/a><\/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-20652","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20652","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=20652"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20652\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=20652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=20652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=20652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}