Showing posts with label technical analysis. Show all posts
Showing posts with label technical analysis. Show all posts

Monday 4 January 2016

EUR/AUD Forex Technical Analysis for 04/01/2016

Technical Analysis 

EUR/AUD is bearish on charts and price is trading below the trend line in its daily chart. In daily chart the price is sustaining below 200 day SMA and cross over of 50 day SMA on the downside indicating downtrend of the pair. It is having an important resistance at the level of 1.5345 and support at the level of 1.4834. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.

Euro-AUD-Forex-Technical-analysis

Forex Market Indicators

MACD is sustaining in its negative zone indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

EUR-AUD-Forex-Technical-Chart


Trading Strategy 

EUR/AUD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.


Currency Pair Pivot Points

PAIR
S3
S2
S1
PIVOT
R1
R2
R3
EUR/USD
1.0653
1.0748
1.0804
1.0899
1.0955
1.1050
1.1106
GBP/USD
1.4450
1.4586
1.4667
1.4803
1.4884
1.5020
1.5101
USD/JPY
119.30
119.64
119.99
120.33
120.68
121.02
121.37
USD/CHF
0.9713
0.9782
0.9898
0.9967
1.0083
1.0152
1.0268
AUD/USD
0.7161
0.7201
0.7249
0.7289
0.7337
0.7377
0.7425
EUR/GBP
0.7247
0.7290
0.7327
0.7370
0.7407
0.7450
0.7487
USD/CAD
1.3664
1.3738
1.3793
1.3867
1.3922
1.3996
1.4051
NZD/USD
0.6738
0.6776
0.6812
0.6850
0.6886
0.6924
0.6960

Tuesday 1 December 2015

EUR/GBP Technical Analysis as on Tuesday, December 01 2015


TECHNICAL ANALYSIS

EUR/GBP is primarily bearish on the charts and the currency pair is sustaining below the trend line in its hourly chart. In hourly chart the price is sustaining below 50 day SMA and taking resistance of 200 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 0.7050 and support at the level of 0.7000. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.

EUR-GBP-currency-Technical-Analysis


FOREX INDICATORS

MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

EUR-GBP-Currency-Technical-Analysis


TRADING STRATEGY 

EUR/GBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.


                          Currency Pairs Pivot Points

PAIR
S3
S2
S1
PIVOT
R1
R2
R3
EUR/USD
1.0512
1.0534
1.0552
1.0574
1.0592
1.0614
1.0632
GBP/USD
1.4929
1.4960
1.5009
1.5040
1.5089
1.5120
1.5169
USD/JPY
122.10
122.38
122.80
123.08
123.50
123.78
124.20
USD/CHF
1.0189
1.0221
1.0256
1.0288
1.0323
1.0355
1.0390
AUD/USD
0.7100
0.7134
0.7183
0.7217
0.7266
0.7300
0.7349
EUR/GBP
0.6956
0.6983
0.7001
0.7028
0.7046
0.7073
0.7091
USD/CAD
1.3222
1.3265
1.3308
1.3351
1.3394
1.3437
1.3480
NZD/USD
0.6447
0.6480
0.6538
0.6571
0.6629
0.6662
0.6720

Thursday 8 October 2015

World Index Technical Analysis as on Thursday, October 08 2015

World Index Technical Analysis
European stocks edged higher on Wednesday. The benchmark Germany's DAX 30 gain 67.57 points higher to 9,970.40 and France's CAC 40 gain 6.70 and closed at 4,67.34. FTSE 100 also close at positive note 6,336.35 with net gain of 10.19 points. US markets rallied early on Wednesday, taking the lead from worldwide equity markets, the Dow Jones 30 hit its three month high level. The Dow Jones 30 gain 122.10 and closed at 16,912.29. The Nasdaq 100 was up by 42.80 points to 4,333.46 and the S&P 500 ended 15.91 points up at 1,995.83.



World Index Technical Analysis
World Index



Index
Value
Net Change
Dow30
16,912.29
+122.10
S&P500
1,995.83
+15.91
NASDAQ100
4333.46
+42.8
DAX 30
9,970.40
+67.57
FTSE100
6,336.35
+10.19
CAC 40
4,667.34
+6.70
Nikkei 225
18,151.46
-171.52
S&P/ASX200
5,212.60
+14.73
Hang Seng50
22,326.00
-189.76






Today's Chart: DAX 30


SUMMARY:


Major trend of DAX 30 is side on daily charts. It has accumulated strongly at the support of 9800 . It has breakout from triple bottom and now it is trading with neck line support of 9800. An upside movement in upcoming session is expected as it has also shown golden cross. Currently trading with support of 50 DMA and 200 DMA on hourly charts with bullish cross over of 50 DMA to its 200 DMA. On higher side it can test the level of 10,200, it manages to close above 9960. On lower side it has support level of 9800.

DAX30 Technical Analysis
DAX30 Technical Chart


INDICATOR:

RSI is about to cross up the 50 mark on hourly chart time frame. On ADX is likely to move up with strong accumulation on chart. ADX trading above 25 mark. If it sustain above the same then index would come in positive territory with positive DI has crossed up negative DI .


                                                           Pivot Points

Index FTSE 100 DAX 30 CAC 40 Dow Jones30 S&P
500
R3 6458.4 10225.54 4789.69 17193.7 2009.99
R2 6427.3 10159.32 4759.99 17078.5 2000.81
R1 6381.9 10064.86 4713.67 16995.4 1990.36
PIVOT 6350.8 9998.64 4683.97 16880.2 1981.18
S1 6305.4 9904.18 4637.65 16797.1 1970.73
S2 6274.3 9837.96 4607.95 16681.9 1961.55
S3 6228.9 9743.5 4561.63 16598.8 1951.1

Index Nasdaq
100
S&P/
ASX200
Hang Seng 50 Nikkei 225
R3 4421.01 5276.8 23467 18323
R2 4381.8 5248.4 22997.4 18323
R1 4357.63 5207.9 22756.6 18323
PIVOT 4318.42 5179.5 22287 18323
S1 4294.25 5139 22046.2 18323
S2 4255.04 5110.6 21576.6 18323
S3 4230.87 5070.1 21335.8 18323

Tuesday 15 September 2015

Technical Analysis of World Indices for Tuesday, September 15 2015


European stocks ended mostly lower on Monday as soft Chinese data over the weekend. France's CAC 40 was down by 30.57 points to 4,518.15 and Germany's DAX 30 ended on flat note at 10,131.74 with minor gain of 8.18 points. FTSE 100 also close at negative note 6,084.59, with net loss of 33.17 points. US stocks retreated on Monday as investors remained jittery ahead of the all-important Federal Reserve meeting later this week. The Dow Jones 30 ending down by 62.11 points to 16,30.96. The Nasdaq 100 lost 16.06 points to 4,308.76 and the S&P 500 was also down by 8.02 points to 1,953.03. Asian markets are trading on mix today after disappointing China factory data fueled worries about the country's flagging economy. Hang Seng 50 is down by 43.90 points to 21,518, ASX200 is down by 43.90 points to 5,025.20. Nikkei 225 was only Index which manage to trade on positive note at 18,112.13 with net gain of 146.43 points.



Index
Value
Net Change
Dow30
16,370.96
-62.13
S&P500
1,953.03
-8.02
NASDAQ100
4,308.76
-16.6
DAX 30
10,131.74
+8.18
FTSE100
6,084.59
-33.17
CAC 40
4,518.15
-30.57
Nikkei 225
18,112.13
+146.43
S&P/ASX200
5,025.20
-71.27
Hang Seng50
21,518.00
-43.90




Pivot Points


Index FTSE 100 DAX 30 CAC 40 Dow Jones30
S&P
500
Nasdaq
100
S&P/
ASX200
Hang Seng50 Nikkei 225
R3
6,288.9 10,350.3 4,669.94 16,557.6 1,976.09 4,372.38 5,193.1 22,056.0 18,650.5
R2
6,240.3 10,287.8 4,644.27 16,504.3 1,969.58 4,353.66 5,162.8 21,909.1 18,497.3
R1
6,162.5 10,209.8 4,596.49 16,437.6 1,961.30 4,331.21 5,129.6 21,735.5 18,231.5
PIVOT
6,113.9 10,147.3 4,570.82 16,384.3 1,954.79 4,312.49 5,099.3 21,588.6 18,078.3
S1
6,036.1 10,069.3 4,523.04 16,317.6 1,946.51 4,290.04 5,066.1 21,415.0 17,812.5
S2
5,987.5 10,006.8 4,497.37 16,264.3 1,940.00 4,271.32 5,035.8 21,268.1 17,659.3
S3
5,909.7 9,928.8 4,449.59 16,197.6 1,931.72 4,248.87 5,002.6 21,094.5 17,393.5





Today's Chart: Dow Jones 30 ( 1 Hourly chart)

TECHNICAL ANALYSIS:



Major trend of Dow Jones 30 is side on daily charts. It has accumulated strongly at the support of 16,200 support. An upside movement in upcoming session is expected. It has been forming an ascending triangle and it has given closing above 50 DMA and 200 DMA on hourly charts. Appearance of golden cross of 50 DMA over 200 DMA would indicate good buying opportunity in this Index. On lower side it has support level of 16,100. On higher side if it managed to upside break out from 16,500 then it can test next resistance level of 16,800.

INDICATOR:-
RSI is about to cross up the 50 mark on hourly chart time frame. On ADX is likely to move up with strong accumulation on chart. ADX trading above 35 mark. If it sustain above the same then index would come in positive territory with positive DI has crossed up negative DI . 

Monday 30 March 2015

London Stock Market Overview Monday, March 30 2015


London stock exchange analysis
UK Stock Market Overview
London stocks fall on the fourth day consecutively as a sell-off in iron ore and a stronger dollar hit share prices in the mining sector. In economic data, a Nationwide survey showed the annual growth in UK house prices slowed to an 18-month low of 5.1% in March. Meanwhile, the final estimate of fourth-quarter annualized US economic growth was confirmed at 2.2%, in line with initial estimates but down from 5% in the third quarter.
The FTSE 100 index ended the session down by 0.58 % at 6855.02, as it is not able to sustain above the 7000 level mark. If during the day market is breaching the support level of 6830 on downside after consolidation, then it can test the level of 6770 with the reistance of 6880.

TOP GAINER
Name
Close Price
Change %
CARNIVAL
3241
7.18
INTERCONT HOTELS
2640
2.76
SHIRE
5425
2.17
SABMILLER
3613
1.43
MAN GROUP
203.6
1.24

TOP LOSER

Name
Close Price
Change %
ANGLO AMERICAN
1044
3.02
HAYS
151.2
2.64
RIO TINTO
2809.5
2.35
BARCLAYS
244.25
2.3
BHP BILLITON
1507.5
2.27

Tuesday 24 March 2015

GBP/USD Technical Analysis and Trading Strategy for Tuesday, March 24 2015



GBP/USD Technical Analysis forex signal
GBP/USD



SUMMARY:
The trend of GBP/USD is majorly bearish but from past few trading sessions prices are not sustaining at lower levels & consolidating near the important level of 1.4990. In its hourly chart, prices are consolidating with strong positive bias and taking support of 30 and 200 DMA. If the pair breaks the important level of 1.4990 at upside then we can expect it to test the level of 1.5040/1.5090.


INDICATORS:-
RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair.
MACD line is also sustaining in buying territory indicating the bullish trend in the pair.
GBP/USD Forex Technical Analysis stratrgies

STRATEGY:- GBP/USD has bounced back from the lower level & looking bullish on charts for next few session. One can go for buy on dips strategy for this pair for intra day to mid term positions.

Monday 23 March 2015

FTSE Technical Analysis and Predictions for the upcoming London Stock Market session


London Stock Market Technical Analysis 

At Friday's close, the FTSE 100 index stood strong at 7022.51, up 0.8% on the day, off a touch from its session high of 7024.21. The FTSE 100's landmark move above 7000 came at the right time. With 47 days left until the most uncertain UK election in decades. Vedanta Resources topped the risers, on other side Debenhams was trading lower after the department store was downgraded. The index can expect to go through some jittery times in the coming trading session.
The FTSE 100 index during the day can show further upside movement with support of 6800 For higher side 7100 can be seen in upcoming session. On ADX positive DI has crossed p the negative DI with ADX trading above 30 mark showing that momentum can be stronger.

TOP GAINER
Name
Close Price
Change %
MAN GROUP
251.2
4.97
MARKS & SPENCER
1463
3.32
ANTOFAGASTA
840.3
2.23
AVIVA
1501
2.18
BHP BILLITON
425.9
1.99

TOP LOSER

Name
Close Price
Change %
Schroders NVTG
2411
-2.9
Antofagasta
687
-2.83
Morrison Supermkts
201.3
-2.19
Schroders
3199
-2.11
Rentokil Intial
138.4
-1.77