http://www.rebatefx.com/forum/ Wed, 19 Jun 2013 23:21:19 +0000 MyBB http://www.rebatefx.com/forum/showthread.php?tid=9210 Thu, 13 Jun 2013 03:44:58 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9210 EUR/USD

The Euro continues to trend higher and hits levels close to 1.3400 barrier, on fresh acceleration at European opening. Bulls remain unobstructed and clearance of the latter to open next target and double Fibonacci level at 1.3482/88, 76.4% retracement of 1.3710/1.2744 descend and 138.2% expansion of the upleg from 1.2795. Corrective pullback may interrupt the rally, as near-term indicators are entering overbought zone, with immediate support at 1.3340, 23.6% of 1.3176/1.3389 / 20 day EMA and more significant 1.3305, previous high of 06 Jun / 55 day EMA, while violation of yesterday’s low at 1.3264, near 50% retracement, would signal deeper reversal and put bulls on hold.

Res: 1.3389, 1.3400, 1.3433, 1.3482
Sup: 1.3340, 1.3305, 1.3283, 1.3264






GBP/USD

Cable maintains positive near-term tone, with price action being congested at psychological / 200 day MA 1.5700 barrier. Hourly studies are losing traction, while bearish MACD/RSI divergence on 4h chart increases risk of pause in recent rally, in favor of further consolidative/corrective action towards initial support at 1.5632, yesterday’s low / 55 day EMA and 1.5620, Fib 38.2% of 1.5493/1.5700, where dips should be ideally contained. Otherwise, penetration through 1.5600, 50% retracement, would signal stronger correction towards key near term support and higher platform at 1.5500.


Res: 1.5700, 1.5750, 1.5774, 1.5800
Sup: 1.5632, 1.5620, 1.5600, 1.5572









USD/JPY

The pair remains under strong pressure, as fresh bearish acceleration was triggered on yesterday’s upside rejection at 97.00. The price surged through Ichimoku cloud base at 95.39 and previous low at 94.97 and also broke below 94.00 support, in a free-fall towards the next significant support and near-term targets at 92.56, 02 Apr low. Daily close below the cloud base is to confirm bearish structure, as studies on lower and larger timeframes are negative. Minor corrective rallies may interrupt bears, as studies are entering oversold territory, with previous lows at 95.00 zone, offering initial resistance.

Res: 94.43, 94.90, 95.12, 95.58
Sup: 93.78, 93.50, 93.00, 92.56






AUD/USD

Near-term correction off fresh 3-years low at 0.9324, was capped at 0.9562 and fresh slide to 0.9430, weakened hourly structure. The pair remains in a near-term corrective mode, but lack strength for more significant recovery, as technical of the larger timeframes are negative and 4h 55 day EMA limits the upside for now. As overall bears remain in play, downside risk will persist as long as important barriers at 0.9672 and 0.9790 stay intact. Only break above the latter would sideline bears and allow for stronger correction.


Res: 0.9500, 0.9540, 0.9573, 0.9600
Sup: 0.9427, 0.9414, 0.9380, 0.9324


]]> EUR/USD

The Euro continues to trend higher and hits levels close to 1.3400 barrier, on fresh acceleration at European opening. Bulls remain unobstructed and clearance of the latter to open next target and double Fibonacci level at 1.3482/88, 76.4% retracement of 1.3710/1.2744 descend and 138.2% expansion of the upleg from 1.2795. Corrective pullback may interrupt the rally, as near-term indicators are entering overbought zone, with immediate support at 1.3340, 23.6% of 1.3176/1.3389 / 20 day EMA and more significant 1.3305, previous high of 06 Jun / 55 day EMA, while violation of yesterday’s low at 1.3264, near 50% retracement, would signal deeper reversal and put bulls on hold.

Res: 1.3389, 1.3400, 1.3433, 1.3482
Sup: 1.3340, 1.3305, 1.3283, 1.3264






GBP/USD

Cable maintains positive near-term tone, with price action being congested at psychological / 200 day MA 1.5700 barrier. Hourly studies are losing traction, while bearish MACD/RSI divergence on 4h chart increases risk of pause in recent rally, in favor of further consolidative/corrective action towards initial support at 1.5632, yesterday’s low / 55 day EMA and 1.5620, Fib 38.2% of 1.5493/1.5700, where dips should be ideally contained. Otherwise, penetration through 1.5600, 50% retracement, would signal stronger correction towards key near term support and higher platform at 1.5500.


Res: 1.5700, 1.5750, 1.5774, 1.5800
Sup: 1.5632, 1.5620, 1.5600, 1.5572









USD/JPY

The pair remains under strong pressure, as fresh bearish acceleration was triggered on yesterday’s upside rejection at 97.00. The price surged through Ichimoku cloud base at 95.39 and previous low at 94.97 and also broke below 94.00 support, in a free-fall towards the next significant support and near-term targets at 92.56, 02 Apr low. Daily close below the cloud base is to confirm bearish structure, as studies on lower and larger timeframes are negative. Minor corrective rallies may interrupt bears, as studies are entering oversold territory, with previous lows at 95.00 zone, offering initial resistance.

Res: 94.43, 94.90, 95.12, 95.58
Sup: 93.78, 93.50, 93.00, 92.56






AUD/USD

Near-term correction off fresh 3-years low at 0.9324, was capped at 0.9562 and fresh slide to 0.9430, weakened hourly structure. The pair remains in a near-term corrective mode, but lack strength for more significant recovery, as technical of the larger timeframes are negative and 4h 55 day EMA limits the upside for now. As overall bears remain in play, downside risk will persist as long as important barriers at 0.9672 and 0.9790 stay intact. Only break above the latter would sideline bears and allow for stronger correction.


Res: 0.9500, 0.9540, 0.9573, 0.9600
Sup: 0.9427, 0.9414, 0.9380, 0.9324


]]> http://www.rebatefx.com/forum/showthread.php?tid=9207 Wed, 12 Jun 2013 01:55:39 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9207 EUR/USD

The Euro remains firm, following completion of near-term consolidative phase and fresh rally through previous peak at 1.3305 and 25 Feb high at 1.3317. Fresh bulls are looking for test of 1.3341, Fib 61.8% of larger 1.3710/1.2744 descend, next upside target and psychological 1.3400 barrier. However, extended 4h conditions warn of corrective easing, before bulls take control, with good supports standing at 1.3270, Fib 38.2% / hourly 55 day EMA and 1.3230, Fib 61.8% of 1.3176/1.3333 upleg. Only slide below 1.3200 and higher base at 1.3176, would delay bulls, in favor of deeper pullback.

Res: 1.3316, 1.3333, 1.3341, 1.3372
Sup: 1.3270, 1.3255, 1.3230, 1.3200







GBP/USD

Cable maintains positive near-term tone, after corrective pullback found support at 1.5500 zone. Fresh strength approaches strong resistance zone at 1.5683, 06 June high and 1.5700, 200 day MA, clearance of which is seen as a trigger for resumption of larger uptrend that commenced from 1.5000 base and could extend to 1.5774, Fib 100% expansion. Near-term technicals are positive an support further advance, however, possible hesitation ahead of 1.5700 barrier, cannot be ruled out, as 4h indicators are entering overbought territory. Previous consolidation to at 1.5600, offers initial support, while any stronger pullback should be contained above 1.55 area, to keep bulls intact.

Res: 1.5683, 1.5700, 1.5774, 1.5800
Sup: 1.5627, 1.5600, 1.5550, 1.5520










USD/JPY

The pair trades in a near-term corrective mode, followed to yesterday’s sharp fall that nearly fully retraced 94.97 / 99.27 rally on a slide to 95.58. The rally is seen as corrective, as near-term studies remain negative, with significant resistance at 97.42, 50% of 99.27/95.58 fall, reinforced by 55 day EMA, coming in focus. Lack of momentum sees risk of recovery stall and fresh weakness, for test of series of important supports, 95.58, 95.39, daily cloud base and key 94.97, break of which to resume bears off 103.72 peak. On the upside, key near-term barrier lies at 99.27 and only break here would improve short-term structure and allow for stronger corrective action.

Res: 97.00, 97.42, 97.86, 98.40
Sup: 96.22, 96.00, 95.58, 94.97







AUD/USD

The pair extends correction off yesterday’s fresh 3-years low at 0.9324, as recovery accelerated on regain of important 0.9500 barrier, 50% retracement of 0.9673/0.9324 fall. Monday’s gap has been filled that sees potential for further recovery. Positive hourly studies support the notion. However, larger picture bears remain in play, with significant barriers at 0.9672. 06 Jun high and 0.9790, 03 Jun high, break of which to signal stronger corrective action and sideline bears. Otherwise, scenario of lower top and fresh weakness would be likely, as the price cracked important, multi-year congestion floor at 0.9400/0.9380.

Res: 0.9573, 0.9600, 0.9621, 0.9672
Sup: 0.9480, 0.9414, 0.9376, 0.9324


]]> EUR/USD

The Euro remains firm, following completion of near-term consolidative phase and fresh rally through previous peak at 1.3305 and 25 Feb high at 1.3317. Fresh bulls are looking for test of 1.3341, Fib 61.8% of larger 1.3710/1.2744 descend, next upside target and psychological 1.3400 barrier. However, extended 4h conditions warn of corrective easing, before bulls take control, with good supports standing at 1.3270, Fib 38.2% / hourly 55 day EMA and 1.3230, Fib 61.8% of 1.3176/1.3333 upleg. Only slide below 1.3200 and higher base at 1.3176, would delay bulls, in favor of deeper pullback.

Res: 1.3316, 1.3333, 1.3341, 1.3372
Sup: 1.3270, 1.3255, 1.3230, 1.3200







GBP/USD

Cable maintains positive near-term tone, after corrective pullback found support at 1.5500 zone. Fresh strength approaches strong resistance zone at 1.5683, 06 June high and 1.5700, 200 day MA, clearance of which is seen as a trigger for resumption of larger uptrend that commenced from 1.5000 base and could extend to 1.5774, Fib 100% expansion. Near-term technicals are positive an support further advance, however, possible hesitation ahead of 1.5700 barrier, cannot be ruled out, as 4h indicators are entering overbought territory. Previous consolidation to at 1.5600, offers initial support, while any stronger pullback should be contained above 1.55 area, to keep bulls intact.

Res: 1.5683, 1.5700, 1.5774, 1.5800
Sup: 1.5627, 1.5600, 1.5550, 1.5520










USD/JPY

The pair trades in a near-term corrective mode, followed to yesterday’s sharp fall that nearly fully retraced 94.97 / 99.27 rally on a slide to 95.58. The rally is seen as corrective, as near-term studies remain negative, with significant resistance at 97.42, 50% of 99.27/95.58 fall, reinforced by 55 day EMA, coming in focus. Lack of momentum sees risk of recovery stall and fresh weakness, for test of series of important supports, 95.58, 95.39, daily cloud base and key 94.97, break of which to resume bears off 103.72 peak. On the upside, key near-term barrier lies at 99.27 and only break here would improve short-term structure and allow for stronger corrective action.

Res: 97.00, 97.42, 97.86, 98.40
Sup: 96.22, 96.00, 95.58, 94.97







AUD/USD

The pair extends correction off yesterday’s fresh 3-years low at 0.9324, as recovery accelerated on regain of important 0.9500 barrier, 50% retracement of 0.9673/0.9324 fall. Monday’s gap has been filled that sees potential for further recovery. Positive hourly studies support the notion. However, larger picture bears remain in play, with significant barriers at 0.9672. 06 Jun high and 0.9790, 03 Jun high, break of which to signal stronger corrective action and sideline bears. Otherwise, scenario of lower top and fresh weakness would be likely, as the price cracked important, multi-year congestion floor at 0.9400/0.9380.

Res: 0.9573, 0.9600, 0.9621, 0.9672
Sup: 0.9480, 0.9414, 0.9376, 0.9324


]]> http://www.rebatefx.com/forum/showthread.php?tid=9206 Mon, 10 Jun 2013 04:06:30 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9206 EUR/USD

The Euro remains under pressure, as today’s gap-lower opening triggers fresh weakness that cracked initial supports of 55 day EMA and Fib 38.2% of 1.3052/1.3305 at 1.3180. Negative hourlies favor further downside, with the next support seen at 1.3150, 50% retracement. From the other side, positive tone dominates on 4h studies and sees limited corrective action that is expected to find ground above 1.3100, ahead of fresh bulls, as the pair remain in short-term uptrend off 1.2800 base. Clearance of initial barrier at 1.3230, is required to open last Friday’s high at 1.3284 and key resistance at 1.3305, for resumption of bulls from 1.2800.

Res: 1.3230, 1.3267, 1.3284, 1.3305
Sup: 1.3176, 1.3149, 1.3110, 1.3074








GBP/USD

Cable trades in a near-term corrective mode off last week’s fresh high at 1.5683. Reversal so far dented 1.55 support, where dips were contained by hourly 55 day EMA and 4h 20 day EMA. Break here would trigger stronger pullback towards 1.5425/00, Fib 38.2% of 1.5007/1.5683 / round figure support, possibly to 1.5350, 50% retracement, reinforced by 4h 55 day EMA, as 4h indicators are heading south, off overbought territory. Conversely, bounce through session high at 1.5560, would be initial signal of fresh strength, with regain of 1.5600 handle, required to confirm and re-focus 1.5683 peak / 1.5700, 200 day MA.

Res: 1.5560, 1.5616, 1.5683, 1.5700
Sup: 1.5487, 1.5425, 1.5400, 1.5345








USD/JPY

The pair continues to advance, extending bounce of Friday’s fresh low at 94.97. Overnight’s gap higher opening supports the notion, as the price heads towards initial resistance at 98.85, above which important 99.35, Fib 50% of 103.72/94.97 / 55 day EMA, is expected to come in focus. Hourly studies are positive and favor further upside, however, still negative 4h structure requires break above 99.35, to avert downside risk and open way for stronger recovery.

Res: 98.85, 99.00, 99.35, 100.00
Sup: 98.00, 97.70, 97.55, 97.15








AUD/USD

The pair remains under strong pressure, as price gapped lower nearly 10 pips on Monday’s opening and completed near-term 0.9430/0.9670 corrective phase. Fresh weakness threatens break below very strong support zone at 0.9400/0.9380, low of Oct 2011, loss of which would confirm an end of three-year congestion and spark stronger reversal of longer-term 2008/2011 0.6007/1.1079 rally. Session highs at 0.9456, offer initial resistance, while filling the overnight’s gap on a bounce above 0.9500 barrier would ease immediate bear pressure and allow for further consolidation.

Res: 0.9456, 0.9500, 0.9544, 0.9573
Sup: 0.9383, 0.9350, 0.9300, 0.9275


]]> EUR/USD

The Euro remains under pressure, as today’s gap-lower opening triggers fresh weakness that cracked initial supports of 55 day EMA and Fib 38.2% of 1.3052/1.3305 at 1.3180. Negative hourlies favor further downside, with the next support seen at 1.3150, 50% retracement. From the other side, positive tone dominates on 4h studies and sees limited corrective action that is expected to find ground above 1.3100, ahead of fresh bulls, as the pair remain in short-term uptrend off 1.2800 base. Clearance of initial barrier at 1.3230, is required to open last Friday’s high at 1.3284 and key resistance at 1.3305, for resumption of bulls from 1.2800.

Res: 1.3230, 1.3267, 1.3284, 1.3305
Sup: 1.3176, 1.3149, 1.3110, 1.3074








GBP/USD

Cable trades in a near-term corrective mode off last week’s fresh high at 1.5683. Reversal so far dented 1.55 support, where dips were contained by hourly 55 day EMA and 4h 20 day EMA. Break here would trigger stronger pullback towards 1.5425/00, Fib 38.2% of 1.5007/1.5683 / round figure support, possibly to 1.5350, 50% retracement, reinforced by 4h 55 day EMA, as 4h indicators are heading south, off overbought territory. Conversely, bounce through session high at 1.5560, would be initial signal of fresh strength, with regain of 1.5600 handle, required to confirm and re-focus 1.5683 peak / 1.5700, 200 day MA.

Res: 1.5560, 1.5616, 1.5683, 1.5700
Sup: 1.5487, 1.5425, 1.5400, 1.5345








USD/JPY

The pair continues to advance, extending bounce of Friday’s fresh low at 94.97. Overnight’s gap higher opening supports the notion, as the price heads towards initial resistance at 98.85, above which important 99.35, Fib 50% of 103.72/94.97 / 55 day EMA, is expected to come in focus. Hourly studies are positive and favor further upside, however, still negative 4h structure requires break above 99.35, to avert downside risk and open way for stronger recovery.

Res: 98.85, 99.00, 99.35, 100.00
Sup: 98.00, 97.70, 97.55, 97.15








AUD/USD

The pair remains under strong pressure, as price gapped lower nearly 10 pips on Monday’s opening and completed near-term 0.9430/0.9670 corrective phase. Fresh weakness threatens break below very strong support zone at 0.9400/0.9380, low of Oct 2011, loss of which would confirm an end of three-year congestion and spark stronger reversal of longer-term 2008/2011 0.6007/1.1079 rally. Session highs at 0.9456, offer initial resistance, while filling the overnight’s gap on a bounce above 0.9500 barrier would ease immediate bear pressure and allow for further consolidation.

Res: 0.9456, 0.9500, 0.9544, 0.9573
Sup: 0.9383, 0.9350, 0.9300, 0.9275


]]> http://www.rebatefx.com/forum/showthread.php?tid=9197 Thu, 06 Jun 2013 04:17:16 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9197 EUR/USD

The Euro picks up the pace at the beginning of European session and breaks above two-day congestion under 1.3100 barrier. Prevailing positive tone keeps the upside potential for full retracement of 1.3241/1.2795 descend in play, with interim barriers standing at 1.3136, Fib 76.4% retracement and psychological 1.3200, near 08 May high. Previous top at 1.3075, reinforced by hourly 20 day EMA, offers immediate support, ahead of psychological 1.3000, also 55 day EMA, where any dips should be ideally contained.

Res: 1.3136, 1.3193, 1.3200, 1.3241
Sup: 1.3100, 1.3075, 1.3042, 1.3000







GBP/USD

Cable continues to trend higher, as the latest upleg from 1.5270 higher low, cleared 1.5375/1.5400 hurdles and heads north. Immediate target lies at 1.5462, Fib 76.4% of 1.5603/1.5007 descend and is the lat barrier on the way towards 1.5600 zone, key near-term barrier and beginning of May highs. Near-term studies hold positive tone, however, overbought 1 and 4h reading may delay bulls in favor of corrective pullback. Previous barriers at 1.5400/1.5375, now offer initial supports.

Res: 1.5462, 1.5478, 1.5500, 1.5520
Sup: 1.5400, 1.5375, 1.5330, 1.5300











USD/JPY

The pair fully retraced near-term corrective phase from 98.85 that was capped at 100.40. Renewed weakness below 100.00 psychological support, sees increased downside risk for further extension of pullback from 103.72 high, with Fib 50% of 92.56/103.72 at 98.14, and psychological 98.00 support, seen on a break below 98.85 low. Consolidative phase is under way, with rallies expected to hold below 100.00 barrier and keep bears intact. Only break of 100.40 tops, would signal double-bottom and possible stronger recovery.

Res: 99.50, 99.85, 100.00, 100.40
Sup: 99.00, 98.85, 99.50, 99.14







AUD/USD

The remains under strong pressure, as fresh weakness emerged from the upside rejection at 0.9790, broke below previous low at 0.9527and posted fresh low at 0.9433. Larger bears from 1.0581 remain unobstructed for now and eye the next static support at 0.9382, October 2011 low, with interim support seen at 0.9400. Corrective bounce on oversold near-term studies, do not see much of the upside potential for now, with rallies expected to find solid resistance at 0.9550/0.9600 zone, before bears return to play.

Res: 0.9500, 0.9530, 0.9550, 0.9600
Sup: 0.9433, 0.9400, 0.9382, 0.9350


]]> EUR/USD

The Euro picks up the pace at the beginning of European session and breaks above two-day congestion under 1.3100 barrier. Prevailing positive tone keeps the upside potential for full retracement of 1.3241/1.2795 descend in play, with interim barriers standing at 1.3136, Fib 76.4% retracement and psychological 1.3200, near 08 May high. Previous top at 1.3075, reinforced by hourly 20 day EMA, offers immediate support, ahead of psychological 1.3000, also 55 day EMA, where any dips should be ideally contained.

Res: 1.3136, 1.3193, 1.3200, 1.3241
Sup: 1.3100, 1.3075, 1.3042, 1.3000







GBP/USD

Cable continues to trend higher, as the latest upleg from 1.5270 higher low, cleared 1.5375/1.5400 hurdles and heads north. Immediate target lies at 1.5462, Fib 76.4% of 1.5603/1.5007 descend and is the lat barrier on the way towards 1.5600 zone, key near-term barrier and beginning of May highs. Near-term studies hold positive tone, however, overbought 1 and 4h reading may delay bulls in favor of corrective pullback. Previous barriers at 1.5400/1.5375, now offer initial supports.

Res: 1.5462, 1.5478, 1.5500, 1.5520
Sup: 1.5400, 1.5375, 1.5330, 1.5300











USD/JPY

The pair fully retraced near-term corrective phase from 98.85 that was capped at 100.40. Renewed weakness below 100.00 psychological support, sees increased downside risk for further extension of pullback from 103.72 high, with Fib 50% of 92.56/103.72 at 98.14, and psychological 98.00 support, seen on a break below 98.85 low. Consolidative phase is under way, with rallies expected to hold below 100.00 barrier and keep bears intact. Only break of 100.40 tops, would signal double-bottom and possible stronger recovery.

Res: 99.50, 99.85, 100.00, 100.40
Sup: 99.00, 98.85, 99.50, 99.14







AUD/USD

The remains under strong pressure, as fresh weakness emerged from the upside rejection at 0.9790, broke below previous low at 0.9527and posted fresh low at 0.9433. Larger bears from 1.0581 remain unobstructed for now and eye the next static support at 0.9382, October 2011 low, with interim support seen at 0.9400. Corrective bounce on oversold near-term studies, do not see much of the upside potential for now, with rallies expected to find solid resistance at 0.9550/0.9600 zone, before bears return to play.

Res: 0.9500, 0.9530, 0.9550, 0.9600
Sup: 0.9433, 0.9400, 0.9382, 0.9350


]]> http://www.rebatefx.com/forum/showthread.php?tid=9190 Tue, 04 Jun 2013 01:14:40 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9190 EUR/USD

The Euro holds positive near-term tone, following yesterday’s rally that probed levels above 1.3100 barrier. Corrective easing on overbought hourlies, was so far contained by 20 day EMA and the previous top at 1.3050, however, south-heading hourly indicators do not rule out further easing, with next good support standing at 1.3000, Fib 38.2% of 1.2837/1.3106 upleg / round figure. Studies on 4h chart hold firm tone and keep the upside favored for now, with clearance of 1.3100, also daily Ichimoku cloud top, expected to open way towards 1.3200 zone, with interim barrier at 1.3136, Fib 76.4%.

Res: 1.3079, 1.3106, 1.3136, 1.3200
Sup: 1.3042, 1.3000, 1.2972, 1.2940









GBP/USD

Cable extended recovery phase from 1.5000 double-bottom on yesterday’s rally and so far reached 1.5375, Fib 61.8% of 1.5603/1.5007 descend. Bulls continue to dominate on near-term studies and see potential for further recovery through psychological l.5400 barrier, however, corrective pullback is likely going to precede fresh gains, as near-term technicals are overbought. Initial support at 1.5300 was tested so far, with extension towards 1.5230, previous high / Fib 38.2% of 1.5007/1.5375 rally, seen not harmful for near-term bulls, in case dips will find support at this area. Otherwise, break lower and potential loss of 1.5200, 50% level, would put near-term bulls on hold.

Res: 1.5341, 1.5375, 1.5400, 1.5445
Sup: 1.5287, 1.5235, 1.5200, 1.5147







USD/JPY

The pair trades in a recovery mode, following yesterday’s acceleration lower after psychological 100.00 support has been taken out. Fresh weakness extended below 99.00 figure and posted fresh low at 98.85, where fresh strength emerged. Current rally that regained levels above 100.00 barrier, would be seen as corrective, as long as previous base and 50% retracement of 102.51/98.85 fall at 100.70 caps. Violation of the latter, would be initial signal of stronger recovery. Otherwise, upside rejection below 100.700 would risk lower top and fresh extension of near-term bears off 103.72, 22 May peak.

Res: 100.50, 100.70, 101.00, 101.40
Sup: 100.00, 99.32, 99.00, 98.85








AUD/USD

The Aussie dollar eases from yesterday’s fresh high at 0.9790, posted on a strong rally that cleared initial barrier and near-term congestion top at 0.9700 zone. The pullback so far tested this support that should ideally contain and keep fresh bulls in play for possible stronger recovery. However, hourly studies are still in descending mode and further easing cannot be ruled out, with loss of 0.9669, 50% retracement of 0.9548/0.9790 upleg, seen as bearish trigger. Otherwise, the upside would remain in play, as 4h studies maintain positive tone.

Res: 0.9736, 0.9770, 0.9790, 0.9841
Sup: 0.9680, 0.9669, 0.9640, 0.9600


]]> EUR/USD

The Euro holds positive near-term tone, following yesterday’s rally that probed levels above 1.3100 barrier. Corrective easing on overbought hourlies, was so far contained by 20 day EMA and the previous top at 1.3050, however, south-heading hourly indicators do not rule out further easing, with next good support standing at 1.3000, Fib 38.2% of 1.2837/1.3106 upleg / round figure. Studies on 4h chart hold firm tone and keep the upside favored for now, with clearance of 1.3100, also daily Ichimoku cloud top, expected to open way towards 1.3200 zone, with interim barrier at 1.3136, Fib 76.4%.

Res: 1.3079, 1.3106, 1.3136, 1.3200
Sup: 1.3042, 1.3000, 1.2972, 1.2940









GBP/USD

Cable extended recovery phase from 1.5000 double-bottom on yesterday’s rally and so far reached 1.5375, Fib 61.8% of 1.5603/1.5007 descend. Bulls continue to dominate on near-term studies and see potential for further recovery through psychological l.5400 barrier, however, corrective pullback is likely going to precede fresh gains, as near-term technicals are overbought. Initial support at 1.5300 was tested so far, with extension towards 1.5230, previous high / Fib 38.2% of 1.5007/1.5375 rally, seen not harmful for near-term bulls, in case dips will find support at this area. Otherwise, break lower and potential loss of 1.5200, 50% level, would put near-term bulls on hold.

Res: 1.5341, 1.5375, 1.5400, 1.5445
Sup: 1.5287, 1.5235, 1.5200, 1.5147







USD/JPY

The pair trades in a recovery mode, following yesterday’s acceleration lower after psychological 100.00 support has been taken out. Fresh weakness extended below 99.00 figure and posted fresh low at 98.85, where fresh strength emerged. Current rally that regained levels above 100.00 barrier, would be seen as corrective, as long as previous base and 50% retracement of 102.51/98.85 fall at 100.70 caps. Violation of the latter, would be initial signal of stronger recovery. Otherwise, upside rejection below 100.700 would risk lower top and fresh extension of near-term bears off 103.72, 22 May peak.

Res: 100.50, 100.70, 101.00, 101.40
Sup: 100.00, 99.32, 99.00, 98.85








AUD/USD

The Aussie dollar eases from yesterday’s fresh high at 0.9790, posted on a strong rally that cleared initial barrier and near-term congestion top at 0.9700 zone. The pullback so far tested this support that should ideally contain and keep fresh bulls in play for possible stronger recovery. However, hourly studies are still in descending mode and further easing cannot be ruled out, with loss of 0.9669, 50% retracement of 0.9548/0.9790 upleg, seen as bearish trigger. Otherwise, the upside would remain in play, as 4h studies maintain positive tone.

Res: 0.9736, 0.9770, 0.9790, 0.9841
Sup: 0.9680, 0.9669, 0.9640, 0.9600


]]> http://www.rebatefx.com/forum/showthread.php?tid=9185 Mon, 27 May 2013 01:04:37 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9185 EUR/USD

The Euro maintains positive near-term tone while holding above 1.2900 higher platform, where 55 day EMA keeps the downside protected in the near-term. With 4h indicators being in the positive territory, scope exists for possible fresh attempt at strong barrier and near-term tops at 1.3000 zone, break of which to resume near-term recovery off 1.2795, 17 May low. From the other side, hourly studies are losing traction, with negative daily structure, being pressured by 20/200 MA death cross, downside remains at risk. Break below 1.2900 to confirm and expose lower boundaries of near-term 1.2800/1.3000 range.

Res: 1.2937, 1.2957, 1.3000, 1.3041
Sup: 1.2900, 1.2885, 1.2860, 1.2840







GBP/USD

Near-term picture remains positive, as the pair trades in a corrective mode off 1.5012, 23 May low, with price consolidating under 1.5145, 50% retracement of 1.5279/1.5012 fall. Price action is underpinned by hourly 20/55 day EMA’s bullish crossover at 1.5100, however, break above congestion at 1.5145, is required resume recovery and avert the downside risk, as 4h indicators still hold below their midlines and larger picture shows bears fully in play. Break below 1.5100 handle would re-expose psychological 1.5000 support. On the upside, key resistances lay at 1.5279 and 1.5321, regain of which is required to shift short-term focus higher.

Res: 1.5150, 1.5188, 1.5200, 1.5220
Sup: 1.5116, 1.5100, 1.5062, 1.5020









USD/JPY

The pair came under increased pressure on Friday, when recovery rally failed at 102.57 and subsequent weakness slid below 101.00 handle. The price posted fresh low at 100.65, with negative near-term studies, keeping the downside favored and eyeing psychological 100.00 support. Bearish 20/55 day EMA’s crossover at 101.80, maintains pressure, while only break above Friday’s high at 102.57, would provide near-term relief.

Res: 101.40, 101.82, 102.19, 102.57
Sup: 100.65, 100.36, 100.00, 99.74







AUD/USD

The pair extended weakness from last Thursday’s recovery failure at 0.9777 and approached psychological 0.9600 support that has already been dented on last week’s break to 0.9592. Negative tone dominates on near-term studies and keeps downside focused, as a part of broader downtrend, interrupted by minor correction so far. Main short-term target lays at 0.9579, May 2012 low, with further bearish extension not ruled out, as the pair’s price action was in red for past three weeks. Corrective rallies would face initial resistances at 0.9750/77, while only break above 0.9840, would ease bear pressure and open way for stronger correction.

Res: 0.9676, 0.9695, 0.9714, 0.9738
Sup: 0.9613, 0.9592, 0.9579, 0.9550


]]> EUR/USD

The Euro maintains positive near-term tone while holding above 1.2900 higher platform, where 55 day EMA keeps the downside protected in the near-term. With 4h indicators being in the positive territory, scope exists for possible fresh attempt at strong barrier and near-term tops at 1.3000 zone, break of which to resume near-term recovery off 1.2795, 17 May low. From the other side, hourly studies are losing traction, with negative daily structure, being pressured by 20/200 MA death cross, downside remains at risk. Break below 1.2900 to confirm and expose lower boundaries of near-term 1.2800/1.3000 range.

Res: 1.2937, 1.2957, 1.3000, 1.3041
Sup: 1.2900, 1.2885, 1.2860, 1.2840







GBP/USD

Near-term picture remains positive, as the pair trades in a corrective mode off 1.5012, 23 May low, with price consolidating under 1.5145, 50% retracement of 1.5279/1.5012 fall. Price action is underpinned by hourly 20/55 day EMA’s bullish crossover at 1.5100, however, break above congestion at 1.5145, is required resume recovery and avert the downside risk, as 4h indicators still hold below their midlines and larger picture shows bears fully in play. Break below 1.5100 handle would re-expose psychological 1.5000 support. On the upside, key resistances lay at 1.5279 and 1.5321, regain of which is required to shift short-term focus higher.

Res: 1.5150, 1.5188, 1.5200, 1.5220
Sup: 1.5116, 1.5100, 1.5062, 1.5020









USD/JPY

The pair came under increased pressure on Friday, when recovery rally failed at 102.57 and subsequent weakness slid below 101.00 handle. The price posted fresh low at 100.65, with negative near-term studies, keeping the downside favored and eyeing psychological 100.00 support. Bearish 20/55 day EMA’s crossover at 101.80, maintains pressure, while only break above Friday’s high at 102.57, would provide near-term relief.

Res: 101.40, 101.82, 102.19, 102.57
Sup: 100.65, 100.36, 100.00, 99.74







AUD/USD

The pair extended weakness from last Thursday’s recovery failure at 0.9777 and approached psychological 0.9600 support that has already been dented on last week’s break to 0.9592. Negative tone dominates on near-term studies and keeps downside focused, as a part of broader downtrend, interrupted by minor correction so far. Main short-term target lays at 0.9579, May 2012 low, with further bearish extension not ruled out, as the pair’s price action was in red for past three weeks. Corrective rallies would face initial resistances at 0.9750/77, while only break above 0.9840, would ease bear pressure and open way for stronger correction.

Res: 0.9676, 0.9695, 0.9714, 0.9738
Sup: 0.9613, 0.9592, 0.9579, 0.9550


]]> http://www.rebatefx.com/forum/showthread.php?tid=9181 Sat, 25 May 2013 03:51:36 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9181 http://www.rebatefx.com/forum/showthread.php?tid=9180 Wed, 22 May 2013 07:56:27 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9180
Get Paid to Trade:

INSTANT CASH BACK REBATES

Always in touch with our clients' needs and wishes Trading Forex is introducing something really special that is certain to raise your trading experience to a whole new level.

As your trading volume grows so does your balance, making you even more money on every traded lot

You trade - We pay. If you're looking for the most cash back on your forex rebates, you've come to the right place

http://www.TradingForex.com]]>
Get Paid to Trade:

INSTANT CASH BACK REBATES

Always in touch with our clients' needs and wishes Trading Forex is introducing something really special that is certain to raise your trading experience to a whole new level.

As your trading volume grows so does your balance, making you even more money on every traded lot

You trade - We pay. If you're looking for the most cash back on your forex rebates, you've come to the right place

http://www.TradingForex.com]]> http://www.rebatefx.com/forum/showthread.php?tid=9179 Tue, 21 May 2013 01:50:03 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9179 EUR/USD

The Euro bounced off yesterday’s fresh low at 1.2795 and regained psychological 1.2900 barrier, sidelining immediate downside risk. This would open way for stronger corrective action, as near-term structure turned positive, with clearance of 1.2911, Fib 50% of 1.3027/1.2795 descend, seen as confirmation. Fresh extension higher would face 1.2930/50 as initial barriers, with key near-term resistance and breakpoint, standing at 1.3000/25 zone. As the price action stabilized within 1.2900/1.2860 range, the latter acts as initial support, along with 1.2850, 50% of 1.2795/1.2903 upleg, where corrective dips should be ideally contained.

Res: 1.2900, 1.2911, 1.2928, 1.2950
Sup: 1.2860, 1.2850, 1.2818, 1.2795








GBP/USD

Recovery rally from 1.5157, last Friday’s low, accelerated after breaking above 1.5200 barrier and extended to 1.5280 so far, near Fib 76.4% of 1.5321/1.5157 fall. Hourly studies are positive, however, the freshly established bulls will remain fragile, as long as 1.5300, 55 day EMA and key near-term barrier at 1.5321, 16 May high / Fib 38.2% of 1.5586/1.5157, stay intact. Break here, however, to confirm near-term base and allow for extension of recovery phase that would eye next targets at 1.5372, 50% retracement and 1.5400, psychological barrier. To keep bulls in play, corrective dips should be contained at 1.5200 support zone.

Res: 1.5262, 1.5280, 1.5300, 1.5330
Sup: 1.5220, 1.5200, 1.5180, 1.5157







USD/JPY

The pair trades in a near-term corrective mode, as yesterday’s weakness off fresh high at 103.29, extended to important 102.00 zone, where temporary support has been found. Quick recovery shows regain of momentum, as hourly indicators are heading higher, however, break above 102.75/103.00, previous high / round figure resistance, is required to signal an end of corrective phase and shift focus higher. Current movements could be described as consolidative, while 102.00 and 101.80, 4h range floor, hold the downside, as daily chart bulls remain firmly in play.

Res: 102.75, 102.93, 103.12, 103.29
Sup: 102.00, 101.80, 101.25, 101.00







AUD/USD

The pair trades in a near-term recovery mode, as fresh strength that emerged from 0.9709 low, regained psychological 0.9800 barrier and so far retraced over 61.8% of 0.9912/0.9709 downleg. Hourly studies are positive and favor further upside, with regain of important 0.9920 resistance zone, 15 May high / Fib 38.2% of 1.0253/0.9709 / 55 day EMA, required to confirm near-term base and allow for stronger correction. From the other side, 4h indicators, emerging out of oversold zone and overextended daily conditions, are seen supportive for further recovery. Initial support lays at 0.9750 and should holds dips, to keep fresh bulls afloat.

Res: 0.9840, 0.9881, 0.9915, 0.9939
Sup: 0.9800, 0.9750, 0.9720, 0.9709


]]> EUR/USD

The Euro bounced off yesterday’s fresh low at 1.2795 and regained psychological 1.2900 barrier, sidelining immediate downside risk. This would open way for stronger corrective action, as near-term structure turned positive, with clearance of 1.2911, Fib 50% of 1.3027/1.2795 descend, seen as confirmation. Fresh extension higher would face 1.2930/50 as initial barriers, with key near-term resistance and breakpoint, standing at 1.3000/25 zone. As the price action stabilized within 1.2900/1.2860 range, the latter acts as initial support, along with 1.2850, 50% of 1.2795/1.2903 upleg, where corrective dips should be ideally contained.

Res: 1.2900, 1.2911, 1.2928, 1.2950
Sup: 1.2860, 1.2850, 1.2818, 1.2795








GBP/USD

Recovery rally from 1.5157, last Friday’s low, accelerated after breaking above 1.5200 barrier and extended to 1.5280 so far, near Fib 76.4% of 1.5321/1.5157 fall. Hourly studies are positive, however, the freshly established bulls will remain fragile, as long as 1.5300, 55 day EMA and key near-term barrier at 1.5321, 16 May high / Fib 38.2% of 1.5586/1.5157, stay intact. Break here, however, to confirm near-term base and allow for extension of recovery phase that would eye next targets at 1.5372, 50% retracement and 1.5400, psychological barrier. To keep bulls in play, corrective dips should be contained at 1.5200 support zone.

Res: 1.5262, 1.5280, 1.5300, 1.5330
Sup: 1.5220, 1.5200, 1.5180, 1.5157







USD/JPY

The pair trades in a near-term corrective mode, as yesterday’s weakness off fresh high at 103.29, extended to important 102.00 zone, where temporary support has been found. Quick recovery shows regain of momentum, as hourly indicators are heading higher, however, break above 102.75/103.00, previous high / round figure resistance, is required to signal an end of corrective phase and shift focus higher. Current movements could be described as consolidative, while 102.00 and 101.80, 4h range floor, hold the downside, as daily chart bulls remain firmly in play.

Res: 102.75, 102.93, 103.12, 103.29
Sup: 102.00, 101.80, 101.25, 101.00







AUD/USD

The pair trades in a near-term recovery mode, as fresh strength that emerged from 0.9709 low, regained psychological 0.9800 barrier and so far retraced over 61.8% of 0.9912/0.9709 downleg. Hourly studies are positive and favor further upside, with regain of important 0.9920 resistance zone, 15 May high / Fib 38.2% of 1.0253/0.9709 / 55 day EMA, required to confirm near-term base and allow for stronger correction. From the other side, 4h indicators, emerging out of oversold zone and overextended daily conditions, are seen supportive for further recovery. Initial support lays at 0.9750 and should holds dips, to keep fresh bulls afloat.

Res: 0.9840, 0.9881, 0.9915, 0.9939
Sup: 0.9800, 0.9750, 0.9720, 0.9709


]]> http://www.rebatefx.com/forum/showthread.php?tid=9178 Mon, 20 May 2013 01:40:41 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9178 EUR/USD

The single currency remains under pressure, as last Friday’s fall dipped briefly below 1.2800 handle. Subsequent bounce still stays capped at initial 1.2850 barrier, previous lower base and 55 day EMA. With hourly studies heading higher and 4h studies being overextended, further recovery is possible, however, clearance of 1.2900 zone, 50% of 1.3027/1.2795 fall, is seen as minimum requirement to signal near-term basing attempt and allow for stronger recovery, where next barriers at 1.2950 zone will come in focus. Overall negative tone doesn’t see much of upside prospect in the near-term, as daily studies turned bearish and while price holds below 1.2950/1.3000, previous range floor / 200 day MA.

Res: 1.2850, 1.2888, 1.2900, 1.2930
Sup: 1.2818, 1.2795, 1.2750, 1.2744







GBP/USD

Cable consolidates recent losses that dipped to 1.5157 so far, with 1.5200 limiting the upside for now. Fresh bear-leg that commenced on upside rejection at 1.5321, could extend to 1.5125, Fib 61.8% of 1.4830/1.5603 upleg and 1.5100, round figure support, initial targets, as pivotal 1.5200 support has been lost and near-term top at 1.5600 zone confirmed. Negative near-term studies keep the downside favored, with limited corrective actions expected to stay under 1.5300 barrier.

Res: 1.5205, 1.5262, 1.5300, 1.5330
Sup: 1.5171, 1.5157, 1.5125, 1.5100












USD/JPY

Overall bullish structure remains intact for now, despite overnight’s gap-lower opening and spike low near 102.00 support. Bounce back towards 103.00 barrier, kept positive near-term structure, however, failure to fill the gap, would keep the downside at risk, with good support laying at 102.50, Fib 38.2% of 101.25/103.28 upleg / 55 day EMA, loss of which to confirm further corrective action. Conversely, break above 103.00 barrier, would focus last Friday’s fresh high at 103.28 and signal resumption of broader uptrend.

Res: 102.93, 103.12, 103.28, 103.50
Sup: 102.50, 102.00, 101.90, 101.73








AUD/USD

The Aussie starts the week with slight positive tone and bounces off last Friday’s fresh low at 0.9709. recovery was so far limited under the next barrier at 0.9800, reinforced by descending 55day EMA that keeps upside prospects under question mark. Overall bearish tone still keeps the downside in focus, with key target at 0.9579, May 2012 low, however, bears may be interrupted by corrective action, as hourly indicators are heading north and 4h / daily studies are oversold. Such scenario requires break above initial 0.9800 barrier and regain of the next one at 0.9900, to confirm near-term recovery under way and avert immediate downside risk.

Res: 0.9789, 0.9810, 0.9881, 0.9915
Sup: 0.9737, 0.9709, 0.9662, 0.9600


]]> EUR/USD

The single currency remains under pressure, as last Friday’s fall dipped briefly below 1.2800 handle. Subsequent bounce still stays capped at initial 1.2850 barrier, previous lower base and 55 day EMA. With hourly studies heading higher and 4h studies being overextended, further recovery is possible, however, clearance of 1.2900 zone, 50% of 1.3027/1.2795 fall, is seen as minimum requirement to signal near-term basing attempt and allow for stronger recovery, where next barriers at 1.2950 zone will come in focus. Overall negative tone doesn’t see much of upside prospect in the near-term, as daily studies turned bearish and while price holds below 1.2950/1.3000, previous range floor / 200 day MA.

Res: 1.2850, 1.2888, 1.2900, 1.2930
Sup: 1.2818, 1.2795, 1.2750, 1.2744







GBP/USD

Cable consolidates recent losses that dipped to 1.5157 so far, with 1.5200 limiting the upside for now. Fresh bear-leg that commenced on upside rejection at 1.5321, could extend to 1.5125, Fib 61.8% of 1.4830/1.5603 upleg and 1.5100, round figure support, initial targets, as pivotal 1.5200 support has been lost and near-term top at 1.5600 zone confirmed. Negative near-term studies keep the downside favored, with limited corrective actions expected to stay under 1.5300 barrier.

Res: 1.5205, 1.5262, 1.5300, 1.5330
Sup: 1.5171, 1.5157, 1.5125, 1.5100












USD/JPY

Overall bullish structure remains intact for now, despite overnight’s gap-lower opening and spike low near 102.00 support. Bounce back towards 103.00 barrier, kept positive near-term structure, however, failure to fill the gap, would keep the downside at risk, with good support laying at 102.50, Fib 38.2% of 101.25/103.28 upleg / 55 day EMA, loss of which to confirm further corrective action. Conversely, break above 103.00 barrier, would focus last Friday’s fresh high at 103.28 and signal resumption of broader uptrend.

Res: 102.93, 103.12, 103.28, 103.50
Sup: 102.50, 102.00, 101.90, 101.73








AUD/USD

The Aussie starts the week with slight positive tone and bounces off last Friday’s fresh low at 0.9709. recovery was so far limited under the next barrier at 0.9800, reinforced by descending 55day EMA that keeps upside prospects under question mark. Overall bearish tone still keeps the downside in focus, with key target at 0.9579, May 2012 low, however, bears may be interrupted by corrective action, as hourly indicators are heading north and 4h / daily studies are oversold. Such scenario requires break above initial 0.9800 barrier and regain of the next one at 0.9900, to confirm near-term recovery under way and avert immediate downside risk.

Res: 0.9789, 0.9810, 0.9881, 0.9915
Sup: 0.9737, 0.9709, 0.9662, 0.9600


]]> http://www.rebatefx.com/forum/showthread.php?tid=9174 Tue, 14 May 2013 00:57:04 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9174 EUR/USD

The remains in near-term consolidative mode, as 1.2934 proved to be solid support after being retested and holding for now, with brief attempt above 1.3000 barrier, signaling possible corrective action. Improved hourly studies support the notion, however, sustained break above 1.3000 and regain of minimum 1.3050/60 is required to confirm base and trigger fresh recovery. Otherwise, further weakness would be likely scenario, as 4h indicators hold in the negative territory and price action being capped by descending 20 day EMA.

Res: 1.3024, 1.3033, 1.3050, 1.3064
Sup: 1.2965, 1.2934, 1.2900, 1.2861








GBP/USD

Cable bounces off yesterday’s fresh low at 1.5276, following bearish extension below psychological 1.5300 support. Prevailing negative tone on lower timeframes studies, keeps the downside focused, with corrective rallies seen limited, while below 1.5383/1.5410 barriers. Overall negative tone and break below main bull-trendline, sees increased risk of fresh weakness towards pivotal 1.5200 support zone, 50% of 1.4830/1.5603 / April’s higher platform.

Res: 1.5410, 1.5450, 1.5482, 1.5500
Sup: 1.5300, 1.5276, 1.5217, 1.5195











USD/JPY

Near-term focus is starting to shift towards the downside and open way for corrective pullback, as the pair holds below 102.00 barrier. Loss of initial support at 101.50, increases downside risk, as hourly studies slide into negative territory and yesterday’s Doji candle signaling near-term indecision. However, confirmation would require break below 101.00 handle to open Fibonacci supports at 100.80/38. Strong support and breakpoint at 100.00 is expected to hold dips, as larger picture bulls remain fully in play, with current reversal seen as corrective and preceding fresh rally.

Res: 102.00, 102.14, 102.50, 103.00
Sup: 101.25, 101.00, 100.80, 100.38









AUD/USD

The pair consolidates recent losses that bottomed at 0.9939, after the parity level has been lost and now acting as initial resistance, reinforced by hourly 55 day EMA. Possible stronger correction cannot be ruled out, as 4h conditions are oversold and hourly indicators are heading north. However, signal of basing attempt would require regain of initial 1.0030/45 barriers, while regain of 1.0100, 50% of 1.0253/0.9939 fall, would confirm recovery. Overall picture remains bearish, as the pair commenced fresh bear-phase, following break below multi-month range floor.

Res: 1.0010, 1.0028, 1.0045, 1.0096
Sup: 0.9960, 0.9939, 0.9900, 0.9825


]]> EUR/USD

The remains in near-term consolidative mode, as 1.2934 proved to be solid support after being retested and holding for now, with brief attempt above 1.3000 barrier, signaling possible corrective action. Improved hourly studies support the notion, however, sustained break above 1.3000 and regain of minimum 1.3050/60 is required to confirm base and trigger fresh recovery. Otherwise, further weakness would be likely scenario, as 4h indicators hold in the negative territory and price action being capped by descending 20 day EMA.

Res: 1.3024, 1.3033, 1.3050, 1.3064
Sup: 1.2965, 1.2934, 1.2900, 1.2861








GBP/USD

Cable bounces off yesterday’s fresh low at 1.5276, following bearish extension below psychological 1.5300 support. Prevailing negative tone on lower timeframes studies, keeps the downside focused, with corrective rallies seen limited, while below 1.5383/1.5410 barriers. Overall negative tone and break below main bull-trendline, sees increased risk of fresh weakness towards pivotal 1.5200 support zone, 50% of 1.4830/1.5603 / April’s higher platform.

Res: 1.5410, 1.5450, 1.5482, 1.5500
Sup: 1.5300, 1.5276, 1.5217, 1.5195











USD/JPY

Near-term focus is starting to shift towards the downside and open way for corrective pullback, as the pair holds below 102.00 barrier. Loss of initial support at 101.50, increases downside risk, as hourly studies slide into negative territory and yesterday’s Doji candle signaling near-term indecision. However, confirmation would require break below 101.00 handle to open Fibonacci supports at 100.80/38. Strong support and breakpoint at 100.00 is expected to hold dips, as larger picture bulls remain fully in play, with current reversal seen as corrective and preceding fresh rally.

Res: 102.00, 102.14, 102.50, 103.00
Sup: 101.25, 101.00, 100.80, 100.38









AUD/USD

The pair consolidates recent losses that bottomed at 0.9939, after the parity level has been lost and now acting as initial resistance, reinforced by hourly 55 day EMA. Possible stronger correction cannot be ruled out, as 4h conditions are oversold and hourly indicators are heading north. However, signal of basing attempt would require regain of initial 1.0030/45 barriers, while regain of 1.0100, 50% of 1.0253/0.9939 fall, would confirm recovery. Overall picture remains bearish, as the pair commenced fresh bear-phase, following break below multi-month range floor.

Res: 1.0010, 1.0028, 1.0045, 1.0096
Sup: 0.9960, 0.9939, 0.9900, 0.9825


]]> http://www.rebatefx.com/forum/showthread.php?tid=9172 Mon, 13 May 2013 01:36:24 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9172 EUR/USD

The Euro traded in consolidative mode during the Asian session, moving within narrow range and above last Friday’s fresh low at 1.2934 that marks Fib 61.8% of 1.2744/1.3241 recovery rally. The downside pressure persists, as the pair dented 200 day MA and near-term range floor at 1.2950, with weekly close above these supports, but below psychological 1.3000 barrier. Corrective rally above the later, may extend towards strong resistance at 1.2950/60 zone, last Friday’s high / 50% of 1.3193/1.2934 downleg, where rally should be capped. However, sustained break here, would sideline immediate bears and allow for stronger recovery. As near-term indicators hold in the negative territory, fresh weakness is still seen as likely scenario, with violation of 1.2950/34 supports, expected to open 1.2915, daily Ichimoku cloud bottom and psychological 1.2900 support.


Res: 1.3000, 1.3033, 1.3050, 1.3064
Sup: 1.2958, 1.2934, 1.2900, 1.2861








GBP/USD

Cable extended weakness off 1.5600 barrier and retraced 38.2% of larger 1.4830/1.5603 rally, on last Friday’s fall to 1.5313. Corrective rally on oversold near-term studies, would be short-lived and likely precede fresh weakness, as long as previous breakpoint at 1.5410 and Friday’s high / 50% of 1.5586/1.5313 fall limits the upside. The notion is supported by negative near-term technicals and double-top at 1.5590, as well as brief break below main bull trendline, drawn off 1.4830, 13 Mar low. However, further weakness below 1.5300 handle, needs to break key near-term support at 1.5200, to confirm top at 1.5600 area and signal end of two-months corrective rally.

Res: 1.5410, 1.5450, 1.5482, 1.5500
Sup: 1.5340, 1.5313, 1.5300, 1.5285





USD/JPY

The pair continue to trend higher, with last Friday’s and overnight probe above psychological 102.00 barrier, suggesting further bullish extension towards 103.00, next target, however, fresh bull-leg above psychological 100.00 barrier, could travel to 105.00. Corrective pullbacks are expected to be limited and any stronger reversal should be contained above 100.00 support. Initial supports lie at 101.00 and 101.80, Fib 38.2% of 98.63/102.14 upleg / 55 day EMA.

Res: 102.00, 102.14, 102.50, 103.00
Sup: 101.00, 100.80, 100.38, 100.00







AUD/USD

Last Friday’s extension of larger downtrend and break below parity level, keeps the bears in play and sees scope for further extension, as the pair lost significant support at 1.0114, multi-month range floor. Dips were so far contained at 0.9960, above which, near-term consolidation is under way. With the upside, for now being capped by psychological 1.0000 barrier and 20 day EMA, recovery action should be limited, despite overextended near-term studies. Any stronger bounce, however, would require clearance of strong 1.0220/50 zone, to ease immediate bear pressure, otherwise, fresh weakness towards 0.9900, would be likely scenario.

Res: 1.0010, 1.0028, 1.0072, 1.0107
Sup: 0.9960, 0.9900, 0.9825, 0.9800


]]> EUR/USD

The Euro traded in consolidative mode during the Asian session, moving within narrow range and above last Friday’s fresh low at 1.2934 that marks Fib 61.8% of 1.2744/1.3241 recovery rally. The downside pressure persists, as the pair dented 200 day MA and near-term range floor at 1.2950, with weekly close above these supports, but below psychological 1.3000 barrier. Corrective rally above the later, may extend towards strong resistance at 1.2950/60 zone, last Friday’s high / 50% of 1.3193/1.2934 downleg, where rally should be capped. However, sustained break here, would sideline immediate bears and allow for stronger recovery. As near-term indicators hold in the negative territory, fresh weakness is still seen as likely scenario, with violation of 1.2950/34 supports, expected to open 1.2915, daily Ichimoku cloud bottom and psychological 1.2900 support.


Res: 1.3000, 1.3033, 1.3050, 1.3064
Sup: 1.2958, 1.2934, 1.2900, 1.2861








GBP/USD

Cable extended weakness off 1.5600 barrier and retraced 38.2% of larger 1.4830/1.5603 rally, on last Friday’s fall to 1.5313. Corrective rally on oversold near-term studies, would be short-lived and likely precede fresh weakness, as long as previous breakpoint at 1.5410 and Friday’s high / 50% of 1.5586/1.5313 fall limits the upside. The notion is supported by negative near-term technicals and double-top at 1.5590, as well as brief break below main bull trendline, drawn off 1.4830, 13 Mar low. However, further weakness below 1.5300 handle, needs to break key near-term support at 1.5200, to confirm top at 1.5600 area and signal end of two-months corrective rally.

Res: 1.5410, 1.5450, 1.5482, 1.5500
Sup: 1.5340, 1.5313, 1.5300, 1.5285





USD/JPY

The pair continue to trend higher, with last Friday’s and overnight probe above psychological 102.00 barrier, suggesting further bullish extension towards 103.00, next target, however, fresh bull-leg above psychological 100.00 barrier, could travel to 105.00. Corrective pullbacks are expected to be limited and any stronger reversal should be contained above 100.00 support. Initial supports lie at 101.00 and 101.80, Fib 38.2% of 98.63/102.14 upleg / 55 day EMA.

Res: 102.00, 102.14, 102.50, 103.00
Sup: 101.00, 100.80, 100.38, 100.00







AUD/USD

Last Friday’s extension of larger downtrend and break below parity level, keeps the bears in play and sees scope for further extension, as the pair lost significant support at 1.0114, multi-month range floor. Dips were so far contained at 0.9960, above which, near-term consolidation is under way. With the upside, for now being capped by psychological 1.0000 barrier and 20 day EMA, recovery action should be limited, despite overextended near-term studies. Any stronger bounce, however, would require clearance of strong 1.0220/50 zone, to ease immediate bear pressure, otherwise, fresh weakness towards 0.9900, would be likely scenario.

Res: 1.0010, 1.0028, 1.0072, 1.0107
Sup: 0.9960, 0.9900, 0.9825, 0.9800


]]> http://www.rebatefx.com/forum/showthread.php?tid=9162 Thu, 02 May 2013 03:36:24 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9162 EUR/USD

The Euro failed to sustain gains on yesterday’s rally through key 1.3200 barrier, as the price reversed lower after posting fresh high at 1.3240. Gains were capped by 50% retracement of larger 1.3710/1.2744 descend, with reversal below 1.3200 handle, softening near-term structure. The pullback found temporary support at 1.3150, 50% of 1.3053/1.3241 upleg and above trendline support / 61.8% / 20 day EMA at 1.3125. While above the latter, scope exists for fresh attempt at 1.3200, initial resistance and extension higher, as 4h structure is positive and favors further bulls, as a part of larger recovery from 1.2950. Conversely, loss of 1.3125 and psychological 1.3100, also 50% of 1.2950/1.3241, would signal top at 1.3241 and bring bears back to play.

Res: 1.3184, 1.3200, 1.3222, 1.3241
Sup: 1.3145, 1.3125, 1.3115, 1.3100







GBP/USD

Cable consolidates yesterday’s rally that dented initial target at 1.5605, 50% retracement of 1.6380/1.4830, with pullback being contained by 55 day EMA at 1.5540, for now. Positive structure on lower timeframes keeps the upside in focus, as clearance of 1.5605 is seen as a trigger for fresh extension of recovery rally from 1.4830. Any deeper pullbacks should be held above 1.5400 zone, to avert downside risk.


Res: 1.5570, 1.5605, 1.5650, 1.5700
Sup: 1.5540, 1.5500, 1.5465, 1.5417










USD/JPY

The pair holds above freshly established base at 97.00, but downside pressure persists, as recovery attempts stay capped under initial 98.00 barrier and lower timeframes indicators hold in the negative territory. With descending 55 day EMA maintaining slide, immediate focus lays at 97.00, loss of which to resume larger downtrend from levels just under 100.00 barrier and expose breakpoint at 96.70, Fib 76.4% of 95.80/99.87 ascend / 12 Mar previous high. Alternatively, confirmation of near-term base at 97.00, requires clearance of 55 day EMA at 97.45 and more significant 98.00/25 resistance zone, 30/29 Apr highs / 50% retracement of 99.87/97.00 downleg.

Res: 97.45, 97.65, 98.00, 98.25
Sup: 97.00, 96.70, 96.34, 96.00







AUD/USD

Aussie dollar lost ground after upside rejection just under key 1.0400 barrier, as subsequent sharp reversal fully retraced 1.0220/1.0383, near-term recovery rally. With bears now full in play, penetration through psychological 1.0200 support, is expected to open way towards 1.0114, 04 Mar low, multi-month range floor and near 50% of med-term 0.9579/1.0623 ascend. Previous higher base at 1.0260, now offers initial resistance, with any further extension higher, seen limited under 1.0300 for now.

Res: 1.0260, 1.0300, 1.0320, 1.0338
Sup: 1.0200, 1.0180, 1.0114, 1.0100


]]> EUR/USD

The Euro failed to sustain gains on yesterday’s rally through key 1.3200 barrier, as the price reversed lower after posting fresh high at 1.3240. Gains were capped by 50% retracement of larger 1.3710/1.2744 descend, with reversal below 1.3200 handle, softening near-term structure. The pullback found temporary support at 1.3150, 50% of 1.3053/1.3241 upleg and above trendline support / 61.8% / 20 day EMA at 1.3125. While above the latter, scope exists for fresh attempt at 1.3200, initial resistance and extension higher, as 4h structure is positive and favors further bulls, as a part of larger recovery from 1.2950. Conversely, loss of 1.3125 and psychological 1.3100, also 50% of 1.2950/1.3241, would signal top at 1.3241 and bring bears back to play.

Res: 1.3184, 1.3200, 1.3222, 1.3241
Sup: 1.3145, 1.3125, 1.3115, 1.3100







GBP/USD

Cable consolidates yesterday’s rally that dented initial target at 1.5605, 50% retracement of 1.6380/1.4830, with pullback being contained by 55 day EMA at 1.5540, for now. Positive structure on lower timeframes keeps the upside in focus, as clearance of 1.5605 is seen as a trigger for fresh extension of recovery rally from 1.4830. Any deeper pullbacks should be held above 1.5400 zone, to avert downside risk.


Res: 1.5570, 1.5605, 1.5650, 1.5700
Sup: 1.5540, 1.5500, 1.5465, 1.5417










USD/JPY

The pair holds above freshly established base at 97.00, but downside pressure persists, as recovery attempts stay capped under initial 98.00 barrier and lower timeframes indicators hold in the negative territory. With descending 55 day EMA maintaining slide, immediate focus lays at 97.00, loss of which to resume larger downtrend from levels just under 100.00 barrier and expose breakpoint at 96.70, Fib 76.4% of 95.80/99.87 ascend / 12 Mar previous high. Alternatively, confirmation of near-term base at 97.00, requires clearance of 55 day EMA at 97.45 and more significant 98.00/25 resistance zone, 30/29 Apr highs / 50% retracement of 99.87/97.00 downleg.

Res: 97.45, 97.65, 98.00, 98.25
Sup: 97.00, 96.70, 96.34, 96.00







AUD/USD

Aussie dollar lost ground after upside rejection just under key 1.0400 barrier, as subsequent sharp reversal fully retraced 1.0220/1.0383, near-term recovery rally. With bears now full in play, penetration through psychological 1.0200 support, is expected to open way towards 1.0114, 04 Mar low, multi-month range floor and near 50% of med-term 0.9579/1.0623 ascend. Previous higher base at 1.0260, now offers initial resistance, with any further extension higher, seen limited under 1.0300 for now.

Res: 1.0260, 1.0300, 1.0320, 1.0338
Sup: 1.0200, 1.0180, 1.0114, 1.0100


]]> http://www.rebatefx.com/forum/showthread.php?tid=9149 Mon, 29 Apr 2013 02:54:15 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9149 EUR/USD

The Euro holds above 1.3000 but still directionless, moving within 1.2950/1.3100 range. Slight improvements seen on overnight’s gap-higher opening and upside aligned hourly studies, keep the immediate barrier at 1.3100 in near-term focus. Break above 1.3100, also 4h triangle resistance, would avert the downside risk, in favor of extension towards next barrier at 1.3127, 19 Apr high, to confirm near-term base at 1.2950 and possibly re-open key 1.3200 resistance. Psychological 1.3000 support keeps the near-term price action supported for now, with any penetration lower, to weaken the structure.

Res: 1.3076, 1.3092, 1.3127, 1.3142
Sup: 1.3030, 1.3000, 1.2987, 1.2950








GBP/USD

Cable maintains positive tone, as fresh gains through psychological 1.5500 barrier that kept last week’s rally capped, now open way for fresh bulls. Immediate barrier lies at 1.5570, 100 day MA, ahead of 1.5605, 50% retracement of 1.6380/1.4830 downleg. Short-term studies remain positive but overbought that may signal hesitation on approach to the next targets. Previous peak and last Friday’s low at 1.5410/17 zone, offer solid support and should contain corrective dips.

Res: 1.5550, 1.5570, 1.5605, 1.5629
Sup: 1.5510, 1.5479, 1.5417, 1.5410








USD/JPY

The pair remains under pressure, as last Friday’s fresh weakness and weekly close below 98.00 handle and overnight’s extension to 97.34, Fib 61.8% of 95.80/99.87 upleg, confirm near-term bears being in play. Corrective rally on oversold hourlies, faces initial resistance s at 98.00/30, with previous low and 50% retracement of 99.74/97.35 at 98.50, reinforced by 20/55 day EMA’s, bearish crossover seen as ideal cap. With near-term structure being negatively aligned, further downside is seen favored after the correction, with 97.20/00 seen as next targets. Conversely, extension above 98.50 would ease bear-pressure, however, regain of 99.00 barrier is required to shift focus higher and re-expose recent highs and psychological 100 barrier.

Res: 98.00, 98.30, 98.50, 98.82
Sup: 97.35, 97.20, 97.00, 96.75








AUD/USD

The pair regained positive tone after upside rejection at 1.0335 and subsequent pullback found support at 1.0260. Fresh strength that surged through 1.0300 barrier overnight and approach of 1.0335/38 double-top, sees scope for extension of near-term recovery rally from 1.0220 low, with clear break above 1.0338 required to confirm and open immediate targets at 1.0357, 19 Apr high / Fib 38.2% of 1.0581/1.0220 fall and 1.0400, 14 Apr high / 50% retracement. Hourly structure remains positive, while 4h indicators are breaking above their midlines.

Res: 1.0336, 1.0357, 1.0400, 1.0443
Sup: 1.0300, 1.0261, 1.0230, 1.0220


]]> EUR/USD

The Euro holds above 1.3000 but still directionless, moving within 1.2950/1.3100 range. Slight improvements seen on overnight’s gap-higher opening and upside aligned hourly studies, keep the immediate barrier at 1.3100 in near-term focus. Break above 1.3100, also 4h triangle resistance, would avert the downside risk, in favor of extension towards next barrier at 1.3127, 19 Apr high, to confirm near-term base at 1.2950 and possibly re-open key 1.3200 resistance. Psychological 1.3000 support keeps the near-term price action supported for now, with any penetration lower, to weaken the structure.

Res: 1.3076, 1.3092, 1.3127, 1.3142
Sup: 1.3030, 1.3000, 1.2987, 1.2950








GBP/USD

Cable maintains positive tone, as fresh gains through psychological 1.5500 barrier that kept last week’s rally capped, now open way for fresh bulls. Immediate barrier lies at 1.5570, 100 day MA, ahead of 1.5605, 50% retracement of 1.6380/1.4830 downleg. Short-term studies remain positive but overbought that may signal hesitation on approach to the next targets. Previous peak and last Friday’s low at 1.5410/17 zone, offer solid support and should contain corrective dips.

Res: 1.5550, 1.5570, 1.5605, 1.5629
Sup: 1.5510, 1.5479, 1.5417, 1.5410








USD/JPY

The pair remains under pressure, as last Friday’s fresh weakness and weekly close below 98.00 handle and overnight’s extension to 97.34, Fib 61.8% of 95.80/99.87 upleg, confirm near-term bears being in play. Corrective rally on oversold hourlies, faces initial resistance s at 98.00/30, with previous low and 50% retracement of 99.74/97.35 at 98.50, reinforced by 20/55 day EMA’s, bearish crossover seen as ideal cap. With near-term structure being negatively aligned, further downside is seen favored after the correction, with 97.20/00 seen as next targets. Conversely, extension above 98.50 would ease bear-pressure, however, regain of 99.00 barrier is required to shift focus higher and re-expose recent highs and psychological 100 barrier.

Res: 98.00, 98.30, 98.50, 98.82
Sup: 97.35, 97.20, 97.00, 96.75








AUD/USD

The pair regained positive tone after upside rejection at 1.0335 and subsequent pullback found support at 1.0260. Fresh strength that surged through 1.0300 barrier overnight and approach of 1.0335/38 double-top, sees scope for extension of near-term recovery rally from 1.0220 low, with clear break above 1.0338 required to confirm and open immediate targets at 1.0357, 19 Apr high / Fib 38.2% of 1.0581/1.0220 fall and 1.0400, 14 Apr high / 50% retracement. Hourly structure remains positive, while 4h indicators are breaking above their midlines.

Res: 1.0336, 1.0357, 1.0400, 1.0443
Sup: 1.0300, 1.0261, 1.0230, 1.0220


]]> http://www.rebatefx.com/forum/showthread.php?tid=9148 Wed, 24 Apr 2013 19:41:46 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9148



Commodity Trading]]>



Commodity Trading]]> http://www.rebatefx.com/forum/showthread.php?tid=9139 Mon, 22 Apr 2013 01:21:40 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9139 EUR/USD

The Euro held within tight range during the Asian session, holding below 1.3100 barrier, despite 30-pips gap higher weekly opening. Bounce of recent range bottom at 1.3000 was rejected at 1.3125, Fib 61.8% of 1.3200/1.3000 descend, with Friday’s fall and close below 1.3100, keeping the downside vulnerable. Near-term studies are negatively aligned, as the price was unable to clear 20 day EMA. Immediate support lays at 1.3045, Fri/Thu lows and break lower to re-focus psychological 1.3000, key near-term support. Formation of diamond pattern on a daily chart, signals reversal that requires break below 1.3000 and 1.2972, 50% retracement of 1.2744/1.3200 ascend, to be confirmed. Any bounce through 1.3100/25, would improve near-term structure, however, clearance of 1.3200 would bring bulls fully in play.


Res: 1.3083, 1.3100, 1.3125, 1.3150
Sup: 1.3045, 1.3025, 1.3000, 1.2972










GBP/USD

Cable ended the week under heavy pressure, with negative fundamentals triggering sharp fall. Losses extended overnight and tested near-term base at 1.5200 zone, signaling further weakness. Immediate target and strong support lays at 1.5175, Fib 61.8% of 1.5032/1.5410 rally / daily Ichimoku cloud base, with negative tone on the lower timeframes and double-top left at 1.5380, last week’s highs, supporting the notion. Bearish 20/55 day EMA’s crossover at 1.5280 zone, keeps the upside limited for now

Res: 1.5244, 1.5265, 1.5284, 1.5300
Sup: 1.5200, 1.5175, 1.5121, 1.5100








USD/JPY

The pair flirts with psychological 100.00 barrier again, as strong bounce of last week’s correction low at 95.80, extended close to 100.00. The barrier is strong, as previous attempt here failed and overbought hourly studies suggest hesitation. Indicators on 4h chart, however, see room for test and break above 100.00 barrier, to open next significant barrier at 101.43, Apr 2009 high. Corrective dips should be contained by 99.00/98.50 support zone, to keep near-term bulls intact.

Res: 99.87, 99.93, 100.00, 100.50
Sup: 99.50, 99.33, 99.00, 98.50








AUD/USD

The pair remains under pressure at the beginning of the weeks, continuing broader weakness, sparked on upside rejection at 1.0581 on 11 Apr. Marginally fresh low at 1.0265 was posted overnight, with near-term bears being firmly in play and price being limited by descending 20 day EMA. As daily studies broke in the negative territory, further weakness towards 1.0224/00, Fib 76.4% of 1.0114/1.0581 / round figure support, could be anticipated. Any corrective action faces solid resistance at 1.0357, last Friday’s high, while penetration through 1.0400 barrier, is requires to ease immediate bear-pressure.

Res: 1.0300, 1.0336, 1.0357, 1.0400
Sup: 1.0265, 1.0224, 1.0200, 1.0114


]]> EUR/USD

The Euro held within tight range during the Asian session, holding below 1.3100 barrier, despite 30-pips gap higher weekly opening. Bounce of recent range bottom at 1.3000 was rejected at 1.3125, Fib 61.8% of 1.3200/1.3000 descend, with Friday’s fall and close below 1.3100, keeping the downside vulnerable. Near-term studies are negatively aligned, as the price was unable to clear 20 day EMA. Immediate support lays at 1.3045, Fri/Thu lows and break lower to re-focus psychological 1.3000, key near-term support. Formation of diamond pattern on a daily chart, signals reversal that requires break below 1.3000 and 1.2972, 50% retracement of 1.2744/1.3200 ascend, to be confirmed. Any bounce through 1.3100/25, would improve near-term structure, however, clearance of 1.3200 would bring bulls fully in play.


Res: 1.3083, 1.3100, 1.3125, 1.3150
Sup: 1.3045, 1.3025, 1.3000, 1.2972










GBP/USD

Cable ended the week under heavy pressure, with negative fundamentals triggering sharp fall. Losses extended overnight and tested near-term base at 1.5200 zone, signaling further weakness. Immediate target and strong support lays at 1.5175, Fib 61.8% of 1.5032/1.5410 rally / daily Ichimoku cloud base, with negative tone on the lower timeframes and double-top left at 1.5380, last week’s highs, supporting the notion. Bearish 20/55 day EMA’s crossover at 1.5280 zone, keeps the upside limited for now

Res: 1.5244, 1.5265, 1.5284, 1.5300
Sup: 1.5200, 1.5175, 1.5121, 1.5100








USD/JPY

The pair flirts with psychological 100.00 barrier again, as strong bounce of last week’s correction low at 95.80, extended close to 100.00. The barrier is strong, as previous attempt here failed and overbought hourly studies suggest hesitation. Indicators on 4h chart, however, see room for test and break above 100.00 barrier, to open next significant barrier at 101.43, Apr 2009 high. Corrective dips should be contained by 99.00/98.50 support zone, to keep near-term bulls intact.

Res: 99.87, 99.93, 100.00, 100.50
Sup: 99.50, 99.33, 99.00, 98.50








AUD/USD

The pair remains under pressure at the beginning of the weeks, continuing broader weakness, sparked on upside rejection at 1.0581 on 11 Apr. Marginally fresh low at 1.0265 was posted overnight, with near-term bears being firmly in play and price being limited by descending 20 day EMA. As daily studies broke in the negative territory, further weakness towards 1.0224/00, Fib 76.4% of 1.0114/1.0581 / round figure support, could be anticipated. Any corrective action faces solid resistance at 1.0357, last Friday’s high, while penetration through 1.0400 barrier, is requires to ease immediate bear-pressure.

Res: 1.0300, 1.0336, 1.0357, 1.0400
Sup: 1.0265, 1.0224, 1.0200, 1.0114


]]> http://www.rebatefx.com/forum/showthread.php?tid=9137 Thu, 18 Apr 2013 04:00:29 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9137 EUR/USD

The single currency erased recent gains on yesterday’s fall, as risk-off mode returns to play. Failure to clear important 1.3200 barrier, left a double-top that triggered sharp fall to psychological 1.3000 support. Denting the near-term base above 1.3000, turns the sentiment negative, as 4h indicators are breaking below their midlines and price holds below 20 and 55 day EMA’s that keeps the downside at increased risk. Break of initial 1.3000 support to open for further easing, with next level to watch at 1.2972/18, 50% / 61.8% of 1.2744/1.3200 rally. Recovery attempts are seen limited for now, with 1.3100 barrier, 50% of yesterday’s fall and near 20/55 EMA’s bearish crossover, seen capping.

Res: 1.3075, 1.3100, 1.3122, 1.3150
Sup: 1.3020, 1.3000, 1.2972, 1.2918



[IMG] http://mediaserver.fxstreet.com/Reports/...072226.gif[/IMG]




GBP/USD

Cable remains in a negative mode, following upside rejection at 1.5400, with 4h H&S pattern being completed on a break below the neckline at 1.5270. Fresh extension below the latter that also marks previous tops, keeps the downside at risk, with psychological 1.5200 support being in near-term focus, as the price retraced 50% of 1.5032/1.5410 upleg. Hourly indicators are pointing higher, correcting the oversold conditions, butt holding in the red territory, while 4h studies maintain negative tone and the price holds below moving averages. Downside targets lie at 1.5200 and 1.5175, with corrective rallies expected to be limited under 1.5300/40 barriers.

Res: 1.5300, 1.5316, 1.5340, 1.5378
Sup: 1.5220, 1.5200, 1.5175, 1.5120


[IMG] http://mediaserver.fxstreet.com/Reports/...072206.gif[/IMG]









USD/JPY

The pair stabilizes around 98.00 level, following recovery rally from fresh low at 95.80, posted on 16 Apr. Near-term price action is entrenched within 97.20/98.40 consolidation range, with hourly structure holding neutral tone. Slight improvement on 4h studies still lacks momentum for fresh extension higher that requires break above range top at 98.42, to expose next barrier at 99.00 and shift near-term focus higher. Conversely, loss of range bottom at 97.20, would risk fresh weakness.

Res: 98.42, 98.70, 99.00, 99.52
Sup: 97.62, 97.20, 97.00, 96.57


[IMG] http://mediaserver.fxstreet.com/Reports/...072144.gif[/IMG]





AUD/USD

The pair remains under pressure, as near-term corrective phase, capped at 1.0400, has been completed and the price posted fresh low at 1.0267. With near-term studies maintaining negative tone and risk-aversion being in play, further weakness is seen as likely scenario, with Fib 76.4% at 1.0224 and psychological 1.0200 levels seen as next target. However, overextended 4h conditions, do not rule out fresh corrective action that is seen for now capped at 1.0400.

Res: 1.0332, 1.0375, 1.0400, 1.0435
Sup: 1.0280, 1.0267, 1.0224, 1.0200


[IMG] http://mediaserver.fxstreet.com/Reports/...072126.gif[/IMG]]]> EUR/USD

The single currency erased recent gains on yesterday’s fall, as risk-off mode returns to play. Failure to clear important 1.3200 barrier, left a double-top that triggered sharp fall to psychological 1.3000 support. Denting the near-term base above 1.3000, turns the sentiment negative, as 4h indicators are breaking below their midlines and price holds below 20 and 55 day EMA’s that keeps the downside at increased risk. Break of initial 1.3000 support to open for further easing, with next level to watch at 1.2972/18, 50% / 61.8% of 1.2744/1.3200 rally. Recovery attempts are seen limited for now, with 1.3100 barrier, 50% of yesterday’s fall and near 20/55 EMA’s bearish crossover, seen capping.

Res: 1.3075, 1.3100, 1.3122, 1.3150
Sup: 1.3020, 1.3000, 1.2972, 1.2918



[IMG] http://mediaserver.fxstreet.com/Reports/...072226.gif[/IMG]




GBP/USD

Cable remains in a negative mode, following upside rejection at 1.5400, with 4h H&S pattern being completed on a break below the neckline at 1.5270. Fresh extension below the latter that also marks previous tops, keeps the downside at risk, with psychological 1.5200 support being in near-term focus, as the price retraced 50% of 1.5032/1.5410 upleg. Hourly indicators are pointing higher, correcting the oversold conditions, butt holding in the red territory, while 4h studies maintain negative tone and the price holds below moving averages. Downside targets lie at 1.5200 and 1.5175, with corrective rallies expected to be limited under 1.5300/40 barriers.

Res: 1.5300, 1.5316, 1.5340, 1.5378
Sup: 1.5220, 1.5200, 1.5175, 1.5120


[IMG] http://mediaserver.fxstreet.com/Reports/...072206.gif[/IMG]









USD/JPY

The pair stabilizes around 98.00 level, following recovery rally from fresh low at 95.80, posted on 16 Apr. Near-term price action is entrenched within 97.20/98.40 consolidation range, with hourly structure holding neutral tone. Slight improvement on 4h studies still lacks momentum for fresh extension higher that requires break above range top at 98.42, to expose next barrier at 99.00 and shift near-term focus higher. Conversely, loss of range bottom at 97.20, would risk fresh weakness.

Res: 98.42, 98.70, 99.00, 99.52
Sup: 97.62, 97.20, 97.00, 96.57


[IMG] http://mediaserver.fxstreet.com/Reports/...072144.gif[/IMG]





AUD/USD

The pair remains under pressure, as near-term corrective phase, capped at 1.0400, has been completed and the price posted fresh low at 1.0267. With near-term studies maintaining negative tone and risk-aversion being in play, further weakness is seen as likely scenario, with Fib 76.4% at 1.0224 and psychological 1.0200 levels seen as next target. However, overextended 4h conditions, do not rule out fresh corrective action that is seen for now capped at 1.0400.

Res: 1.0332, 1.0375, 1.0400, 1.0435
Sup: 1.0280, 1.0267, 1.0224, 1.0200


[IMG] http://mediaserver.fxstreet.com/Reports/...072126.gif[/IMG]]]> http://www.rebatefx.com/forum/showthread.php?tid=9098 Tue, 26 Mar 2013 02:32:46 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9098 EUR/USD

The Euro fell sharply yesterday after unsuccessful attempt above 1.3000, with 1.3047 double-top left, before the pair spiraled lower. Loss of previous low and near-term range floor, as well as close below 200 day MA, would be a signal of further weakness, as a part of broader downtrend from 1.3710, annual high. Bounce from fresh low at 1.2826, posted yesterday, is so far seen corrective and triggered by oversold hourly conditions, while 4h indicators maintain bearish tone and 20/55 day EMA’s bearish crossover, keeping the downside pressured. Rallies could extend to 1.2940/50 zone, 50% retracement of yesterday’s fall, before bears re-assert. Only regain of 1.2980 would bring some more positive tone and delay bears. As the downside remains vulnerable, possible penetration of 1.2800 psychological support and low of Sep 2012, would open way towards the next significant levels at 1.2679/60, Fib 61.8% of 1.2042/1.3710 rally and Nov 2012 low.

Res: 1.2910, 1.2937, 1.2963, 1.2977
Sup: 1.2826, 1.2800, 1.2780, 1.2750








GBP/USD

Cable maintains positive tone, correcting the recent rally that posted fresh high at 1.5259 yesterday. Cracking the previous very strong support and med-term range bottom, now reversed to resistance, suggests that further recovery is likely. As the pullback from 1.5259 was contained by bull-trendline off 1.4830 and 50% retracement of 1.5026/1.5259 upleg, 4h studies see room for fresh gains and attack at initial 1.5259/67 targets that would open psychological 1.5300 barrier and 1.5320, 21 Feb high. However, near-term downside risk is still present, as hourly studies are weak, with violation of the trendline at 1.5162 and yesterday’s low at 1.5142, to trigger fresh weakness and expose immediate targets at 1.5115/00, Fib 61.8% / round figure support.

Res: 1.5206, 1.5220, 1.5259, 1.5267
Sup: 1.5162, 1.5142, 1.5100, 1.5070






USD/JPY

The pair dipped further after completing bearish pennant and fresh weakness extended to 93.52, over 50% of 90.85/96.70 rally. Firm bearish tone, seen on 4h chart studies, keeps the downside favored for now, with 20/55 day EMA’s bearish crossover, pressuring. Corrective bounce off 93.52, faces trendline resistance / 55 day EMA at 94.60, as initial resistance, with any further extension higher, seen capped under 95.00 barrier. Continuation of bear-trend through 93.52, to open 93.00/92.90, Fib 61.8% / 05 Mar low.

Res: 94.60, 95.00, 95.12, 95.50
Sup: 93.85, 93.52, 93.00, 92.90







AUD/USD

The pair remains steady and continues to post fresh highs, following break above 1.0400 congestion. Fresh high at 1.0478, posted yesterday, comes under pressure, following shallow consolidation, with near-term focus at psychological 1.0500 resistance and 1.0526, 03 Jan high. Near-term studies are well positioned, with hourly RSI/MACD bearish divergence, so far being ignored by the price action.

Res: 1.0500, 0.0526, 1.0550, 1.0577
Sup: 1.0457, 1.0441, 1.0420, 1.0400

]]> EUR/USD

The Euro fell sharply yesterday after unsuccessful attempt above 1.3000, with 1.3047 double-top left, before the pair spiraled lower. Loss of previous low and near-term range floor, as well as close below 200 day MA, would be a signal of further weakness, as a part of broader downtrend from 1.3710, annual high. Bounce from fresh low at 1.2826, posted yesterday, is so far seen corrective and triggered by oversold hourly conditions, while 4h indicators maintain bearish tone and 20/55 day EMA’s bearish crossover, keeping the downside pressured. Rallies could extend to 1.2940/50 zone, 50% retracement of yesterday’s fall, before bears re-assert. Only regain of 1.2980 would bring some more positive tone and delay bears. As the downside remains vulnerable, possible penetration of 1.2800 psychological support and low of Sep 2012, would open way towards the next significant levels at 1.2679/60, Fib 61.8% of 1.2042/1.3710 rally and Nov 2012 low.

Res: 1.2910, 1.2937, 1.2963, 1.2977
Sup: 1.2826, 1.2800, 1.2780, 1.2750








GBP/USD

Cable maintains positive tone, correcting the recent rally that posted fresh high at 1.5259 yesterday. Cracking the previous very strong support and med-term range bottom, now reversed to resistance, suggests that further recovery is likely. As the pullback from 1.5259 was contained by bull-trendline off 1.4830 and 50% retracement of 1.5026/1.5259 upleg, 4h studies see room for fresh gains and attack at initial 1.5259/67 targets that would open psychological 1.5300 barrier and 1.5320, 21 Feb high. However, near-term downside risk is still present, as hourly studies are weak, with violation of the trendline at 1.5162 and yesterday’s low at 1.5142, to trigger fresh weakness and expose immediate targets at 1.5115/00, Fib 61.8% / round figure support.

Res: 1.5206, 1.5220, 1.5259, 1.5267
Sup: 1.5162, 1.5142, 1.5100, 1.5070






USD/JPY

The pair dipped further after completing bearish pennant and fresh weakness extended to 93.52, over 50% of 90.85/96.70 rally. Firm bearish tone, seen on 4h chart studies, keeps the downside favored for now, with 20/55 day EMA’s bearish crossover, pressuring. Corrective bounce off 93.52, faces trendline resistance / 55 day EMA at 94.60, as initial resistance, with any further extension higher, seen capped under 95.00 barrier. Continuation of bear-trend through 93.52, to open 93.00/92.90, Fib 61.8% / 05 Mar low.

Res: 94.60, 95.00, 95.12, 95.50
Sup: 93.85, 93.52, 93.00, 92.90







AUD/USD

The pair remains steady and continues to post fresh highs, following break above 1.0400 congestion. Fresh high at 1.0478, posted yesterday, comes under pressure, following shallow consolidation, with near-term focus at psychological 1.0500 resistance and 1.0526, 03 Jan high. Near-term studies are well positioned, with hourly RSI/MACD bearish divergence, so far being ignored by the price action.

Res: 1.0500, 0.0526, 1.0550, 1.0577
Sup: 1.0457, 1.0441, 1.0420, 1.0400

]]> http://www.rebatefx.com/forum/showthread.php?tid=9090 Thu, 21 Mar 2013 01:43:19 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9090 EUR/USD

The single currency remains within the range of 1.3000 and 1.2842, with the upper barrier being pressured. Sideways movements are seen in past few sessions after Monday’s gap lower opening, with dips being so far contained by 200 day MA. Hourly structure is positive that sees potential attack at 1.3000 barrier, also 61.8%% of 1.3106/1.2842 fall likely, as break here is seen as a trigger for more bullish action and will signal a bottom. Conversely, loss of 1.2900 handle, will turn near-term outlook bearish.

Res: 1.2977, 1.2994, 1.3044, 1.3077
Sup: 1.2927, 1.2900, 1.2879, 1.2842





GBP/USD

Cable remains in a sideways mode, holding within 1.5070/1.5140 range, with yesterday’s spikes in both directions, seen as a noise. Flat hourly studies favor further directionless trading, while structure on 4h chart holds positive tone, as the price action is supported by ascending 20 day EMA and underpinned by 20/55 EMA’s bullish crossover. Full retracement of 1.5220/1.4830 descend and break higher is needed to confirm bottom for more significant rebound, otherwise, the downside would remain vulnerable. Key support and breakpoint lies at 1.5000, below which, bears will take control.

Res: 1.5142, 1.5185, 1.5200, 1.5220
Sup: 1.5070, 1.5026, 1.5000, 1.4980





USD/JPY

The pair tested 96.00 barrier, following break above trendline resistance at 95.35 and previous recovery high at 95.73. The near-term uptrend has been established, as 4h indicators broke above their midlines that opens way for further recovery, with 76.4% of entire 96.70/94.30 fall being retraced so far. Pullback on overbought hourlies, should ideally find support at 95.70/50 zone, before fresh extension higher, with sustained break above 96.00, to attract 96.50/70 highs for retest. Bull trendline off 94.30 low, stands at 95.20 and only break here would revive bears.

Res: 96.12, 96.25, 96.50, 96.70
Sup: 95.65, 94.47, 95.20, 95.00





AUD/USD

No changes in Aussie’s price action seen in the past few sessions, as the upside remains capped at 1.04 zone. Lack of bullish momentum, so far limits recovery rally from 1.0114 at Fib 61.8% of 1.0597/1.0114 descend, however, the lower boundary of near-term congestion is additionally supported by ascending 200 day MA. Daily studies remain positive and keep the upside favored, while 4h indicators are losing traction and hourlies being neutral. Breakpoints stand at 1.0412 and 1.0342.

Res: 1.0400, 1.0412, 1.0456, 1.0474
Sup: 1.0350, 1.0342, 1.0300, 1.0286

]]> EUR/USD

The single currency remains within the range of 1.3000 and 1.2842, with the upper barrier being pressured. Sideways movements are seen in past few sessions after Monday’s gap lower opening, with dips being so far contained by 200 day MA. Hourly structure is positive that sees potential attack at 1.3000 barrier, also 61.8%% of 1.3106/1.2842 fall likely, as break here is seen as a trigger for more bullish action and will signal a bottom. Conversely, loss of 1.2900 handle, will turn near-term outlook bearish.

Res: 1.2977, 1.2994, 1.3044, 1.3077
Sup: 1.2927, 1.2900, 1.2879, 1.2842





GBP/USD

Cable remains in a sideways mode, holding within 1.5070/1.5140 range, with yesterday’s spikes in both directions, seen as a noise. Flat hourly studies favor further directionless trading, while structure on 4h chart holds positive tone, as the price action is supported by ascending 20 day EMA and underpinned by 20/55 EMA’s bullish crossover. Full retracement of 1.5220/1.4830 descend and break higher is needed to confirm bottom for more significant rebound, otherwise, the downside would remain vulnerable. Key support and breakpoint lies at 1.5000, below which, bears will take control.

Res: 1.5142, 1.5185, 1.5200, 1.5220
Sup: 1.5070, 1.5026, 1.5000, 1.4980





USD/JPY

The pair tested 96.00 barrier, following break above trendline resistance at 95.35 and previous recovery high at 95.73. The near-term uptrend has been established, as 4h indicators broke above their midlines that opens way for further recovery, with 76.4% of entire 96.70/94.30 fall being retraced so far. Pullback on overbought hourlies, should ideally find support at 95.70/50 zone, before fresh extension higher, with sustained break above 96.00, to attract 96.50/70 highs for retest. Bull trendline off 94.30 low, stands at 95.20 and only break here would revive bears.

Res: 96.12, 96.25, 96.50, 96.70
Sup: 95.65, 94.47, 95.20, 95.00





AUD/USD

No changes in Aussie’s price action seen in the past few sessions, as the upside remains capped at 1.04 zone. Lack of bullish momentum, so far limits recovery rally from 1.0114 at Fib 61.8% of 1.0597/1.0114 descend, however, the lower boundary of near-term congestion is additionally supported by ascending 200 day MA. Daily studies remain positive and keep the upside favored, while 4h indicators are losing traction and hourlies being neutral. Breakpoints stand at 1.0412 and 1.0342.

Res: 1.0400, 1.0412, 1.0456, 1.0474
Sup: 1.0350, 1.0342, 1.0300, 1.0286

]]> http://www.rebatefx.com/forum/showthread.php?tid=9076 Tue, 12 Mar 2013 20:49:25 -0700 http://www.rebatefx.com/forum/showthread.php?tid=9076 # 35% first deposit bonus
# Free automatic trading signals
# ENC accounts with low spreads
# Leverage up to 1:500
# Rebates for active traders starting from 0.5 pip
# $100 "No deposit bonus]]> # 35% first deposit bonus
# Free automatic trading signals
# ENC accounts with low spreads
# Leverage up to 1:500
# Rebates for active traders starting from 0.5 pip
# $100 "No deposit bonus]]>