AUD/USD Elliott wave count and Fibonacci levels for November 30, 2011

Wave analysis

Roman Molodiashin

AUD/USD is developing corrective wave B of medium term downtrend (colored light green in the chart) from 0.9663. Within this wave there are five subwaves (colored red in the chart) with impulse subwave 5 still developing from 0.9863. The targets of the upmove are Fibonacci retracements of 1.0752-0.9663, and expansions off 0.9666-0.9975-0.9863, 0.9863-1.0077-0.9975.

Resistances:

- 1.0107 = contracted objective point (COP)
- 1.0172 = objective point (OP)
- 1.0189 = OP
- 1.0208 = .50 retracements

If the pair reverses to the downside the immediate supports will be Fibonacci retracements of 0.9663-1.0085.

Supports:

- 0.9924 = .382 ret
- 0.9874 = .50 ret
- 0.9824 = .618 ret

Overbought/Oversold

Assuming that the larger wave is now moving up it's preferable to try long positions when the Detrended Oscillator goes below the zero level (current prices) or gets into the oversold area (current prices).

http://instaforex.com/forex_analysis/44920/?x=OUE

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GBP/JPY Elliott wave count and Fibonacci levels for November 29, 2011

Wave analysis

Roman Molodiashin

GBP/JPY is developing wave A (colored light green in the chart) of medium term downtrend from 127.25. Within this wave there are four subwaves (colored royal blue in the chart), and corrective subwave 4 is still developing from 119.31. Within the latter there are two subwaves (colored red in the chart) and corrective subwave B is developing from 121.62. The targets of the upmove are Fibonacci retracements of 125.63-119.31, and expansions off 119.31-121.62-120.70.

Resistances:

- 121.72 = .382 retracement
- 122.13 = contracted objective point (COP)
- 122.47 = .50 ret
- 123.01 = objective point (OP)
- 123.22 = .618 ret

If the price reverses to the downside the immediate supports will be Fibonacci retracements of 119.32-121.62, 119.82-121.62.

Supports:

- 120.74-72 = confluence area of .50 and .382 retracements
- 120.51-47 = confluence area of .618 and .50 ret
- 120.19 = .618 ret

Overbought/Oversold

Assuming that the major wave is now up it's preferable to try long positions when the Detrended Oscillator gets below the zero level (15-20 pips below the current prices) or into the oversold area (35-45 pips below the current prices).

http://instaforex.com/forex_analysis/44858/?x=OUE 

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GBP/JPY Elliott wave count and Fibonacci levels for November 28, 2011

Wave analysis

Roman Molodiashin

GBP/JPY is developing wave A (colored light green in the chart) of medium term downtrend from 127.25. Within this wave there are three subwaves (colored royal blue in the chart), and impulse subwave С is still developing from 125.63. Within the latter there are five subwaves (colored magenta in the chart) and potential corrective subwave A is developing from 119.31. The targets of the upmove are Fibonacci retracements of 121.70-119.31, 125.63-119.31, and expansions off 119.31-120.40-119.82.

Resistances:

- 120.49-51 = confluence area of contracted objective point (COP) and .50 retracement
- 120.79 = .618 ret
- 120.91 = objective point (OP)
- 121.58 = expanded objective point (XOP)

If the price reverses to the downside the immediate supports will be Fibonacci retracements of the wave up from 119.31 - this wave is not developed yet, so no supports are available so far.

Overbought/Oversold

Assuming that the major wave is now down it's preferable to try short positions when the Detrended Oscillator gets above the zero level (current prices) or into the overbought area (20-30 pips above the current prices).

http://instaforex.com/forex_analysis/44742/?x=OUE

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GBP/JPY Elliott wave count and Fibonacci levels for November 25, 2011

Wave analysis

Roman Molodiashin

GBP/JPY is developing wave A (colored light green in the chart) of medium term downtrend from 127.25. Within this wave there are three subwaves (colored royal blue in the chart), and impulse subwave С is still developing from 125.63. Within the latter there are five subwaves (colored magenta in the chart) with impulse subwave 5 developing from 124.22. The wave from 124.22 has four subwaves (colored red in the chart), with potential subwave 4 still developing from 119.31. The targets below are Fibonacci expansions off 127.25-123.85-125.63, 125.63-122.90-124.22, 124.22-120.82-121.70, 121.70-119.97-120.87.

Supports:

- 119.14 = objective point (OP)
- 118.30 = OP
- 118.07 = expanded objective point (XOP)

If the price reverses to the upside the immediate resistances will be Fibonacci retracements of 121.70-119.31.

Resistances:

- 120.22 = .382 retracement
- 120.51 = .50 ret
- 120.79 = .618 ret

Overbought/Oversold

Assuming that the major wave is now down it's preferable to try short positions when the Detrended Oscillator gets above the zero level (current prices) or into the overbought area (15-25 pips above the current prices).

http://instaforex.com/forex_analysis/44632/?x=OUE

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AUD/USD Elliott wave count and Fibonacci levels for November 24, 2011

Technical analysis

Sergey Litvinenko

AUD/USD is developing wave A of medium term downtrend (colored light green in the chart). Within this wave there are three subwaves (colored royal blue in the chart) with impulse subwave C still developing from 1.0343. Within the latter wave C there are also waves A, B and C (colored magenta in the chart) with subwave C still developing from 1.0106. The tragets of the downmove are Fibonacci expansions off 1.0752-1.0051-1.0343, 1.0343-0.9964-1.0106, 1.0106-0.99808-0.9898, 0.9898-0.9812-0.9868.

Supports:

- 0.9643-42 = confluence area of super expanded objective point (SXOP) and objective point (OP)
- 0.9600 = OP
- 0.9493 = expanded objective point (XOP)
- 0.9416 = XOP

If the price reverses to the upside the immediate resistances will be Fibonacci retracements of 1.0106-0.9663, 0.9898-0.9663.

Resistances:

- 0.9753 = .382 retracement
- 0.9781 = .50 ret
- 0.9808 = .618 ret
- 0.9832 = .382 ret
- 0.9885 = .50 ret
- 0.9937 = .618 ret

Overbought/Oversold

Assuming that the larger wave is now moving down it's preferable to try short positions when the Detrended Oscillator goes above the zero level (20-25 pips above the current prices) or gets into the overbought area (50-65 pips above the current prices).

http://instaforex.com/forex_analysis/44528/?x=OUE

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Fundamental Analysis, November, 23 / 2011

Fundamental analysis

Gerardo Porras

The dollar strengthened on all fronts by averaging the European session on Wednesday, growing stronger against the euro, pound sterling and Swiss franc.
The problems facing Europe, more precisely the states with financial problems to meet their sovereign debt, as well as doubts about maneuvers that would be carrying out some banks to "disguise" losses and present a positive number, print a downward force to the euro , who arrived 1 hour at its lowest since Oct. 10.
The euro area remains the center, with investor concerns about escalating plans for a new attempt to rescue Dexia, the Franco-Belgian bank to the brink of bankruptcy as a result of exposure to sovereign debt.
In turn, a negative German manufacturing PMI "helped" this new downward movement of the single currency.
Nevertheless, the stock of the old continent have no negative day: the DAX 30 in Germany grows above 2.5%, figures similar to the CAC 40 and FTSE 100. From there you can also explain the slight recovery experienced by the euro in the last hour.
In the U.S. session key data is expected on durable goods orders, which once generated great expectations among operators, which produced sharp movements. Although the impact that in recent months is somewhat devalued, the forecast is for growth of the orders of 0.1% in October, compared with 1.8% the previous period, subject to revision.
Also known reports of income and personal consumption, all at 8:30 Eastern. Meanwhile, at 9:55 will be the turn of the consumer confidence index from the University of Michigan / Reuters, and 10:30, the weekly inventory of oil.
  http://instaforex.com/forex_analysis/44496/?x=OUE 

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GBP/JPY Elliott wave count and Fibonacci levels for November 22, 2011

Wave analysis

Roman Molodiashin

GBP/JPY is developing wave A (colored light green in the chart) of medium term downtrend from 127.25. Within this wave there are three subwaves (colored royal blue in the chart), and impulse subwave С is still developing from 125.63. Within the latter there are also three subwaves (colored magenta in the chart) with impulse subwave C developing from 124.22. The wave from 124.22 also has five subwaves (colored red in the chart), with subwave 5 still developing from 121.70. The targets below are Fibonacci expansions off 127.25-123.85-125.63, 125.63-122.90-124.22, 124.22-122.26-123.09, 123.09-120.82-121.70, 121.70-119.97-120.87.
Supports:
- 119.92-80 = confluence area of contracted objective point (COP) and two expanded objective point (XOP)
- 119.43 = objective point (OP)
- 119.14 = OP
If the price reverses to the upside the immediate resistances will be Fibonacci retracements of 124.22-119.97.
Resistances:
- 121.59 = .382 ret
- 122.10 = .50 ret
- 122.60 = .618 ret

Overbought/Oversold
Assuming that the major wave is now down it's preferable to try short positions when the Detrended Oscillator gets above the zero level (current prices) or into the overbought area (30-40 pips above the current prices).
http://instaforex.com/forex_analysis/44356/?x=OUE

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AUD/USD Elliott wave count and Fibonacci levels for November 21, 2011

Wave analysis

Roman Molodiashin

AUD/USD is developing wave A of medium term downtrend (colored light green in the chart). Within this wave there are three subwaves (colored royal blue in the chart) with impulse subwave C still developing from 1.0343. Within the latter wave C there are also waves A, B and C (colored magenta in the chart) with subwave C still developing from 1.0106. The tragets of the downmove are Fibonacci retracements of 0.9387-1.0752, and expansions off 1.0752-1.0051-1.0343, 1.0343-0.9964-1.0106.
Supports:
- 0.9910-08 = confluence area of contracted objective point (COP) and .618 ret
- 0.9872 = COP
- 0.9727 = objective point (OP)
- 0.9642 = OP
If the price reverses to the upside the immediate resistances will be Fibonacci retracements of the wave down from 1.0343 - this wave is not developed so no resistances are available so far.

Overbought/Oversold
Assuming that the larger wave is now moving down it's preferable to try short positions when the Detrended Oscillator goes above the zero level (5-10 pips above the current prices) or gets into the overbought area (40-55 pips above the current prices).
http://instaforex.com/forex_analysis/44230/?x=OUE

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EUR/JPY Buy Long 104,47 November 18, 2011 (Daily Strategy)

Technical analysis

Gerardo Porras

EUR/JPY
The Euro - Japanese yen pair has formed a bottom around 103.40. this level is strong support because in 4 hours charts, thirteen times and tried to drill this level has been unsuccessful. Given that the euro is now showing signs of recovery, we can enter a buy order in the future, only if the pair manages to break his line so sharp downtrend and closed above 1.0445. With a medium-term goal to the last resistance of 1.0789, the range indicator shows oversold upward bounce is imminent. On the other hand, we will place stop loss just below the 103.40 level test. yen per euro.

http://instaforex.com/forex_analysis/44186/?x=OUE

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GBP/JPY Elliott wave count and Fibonacci levels for November 17, 2011

Wave analysis

Roman Molodiashin

GBP/JPY is developing wave A (colored light green in the chart) of medium term downtrend from 127.25. Within this wave there are three subwaves (colored royal blue in the chart), and impulse subwave С is still developing from 125.63. Within the latter there are also three subwaves (colored magenta in the chart) with impulse subwave C developing from 124.22. The targets below are Fibonacci retracements of 116.91-127.25, and expansions off 127.25-123.85-125.63, 125.63-122.90-124.22, 124.22-122.26-123.09.
Supports:
- 120.78 = .618 retracement
- 120.13 = expanded objective point (XOP)
- 119.92-80 = confluence area of two XOP's
- 119.02 = .786 ret
If the price reverses to the upside the immediate resistances will be Fibonacci retracements of 124.22-120.82.
Resistances:
- 122.12 = .382 ret
- 122.52 = .50 ret
- 122.92 = .618 ret

Overbought/Oversold
Assuming that the major wave is now down it's preferable to try short positions when the Detrended Oscillator gets above the zero level (current prices) or into the overbought area (10-20 pips above the current prices).
http://instaforex.com/forex_analysis/44028/?x=OUE

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AUD/USD Elliott wave count and Fibonacci levels for November 16, 2011

Wave analysis

Roman Molodiashin

AUD/USD is developing wave A of medium term downtrend (colored light green in the chart). Within this wave there are three subwaves (colored royal blue in the chart) with potential subwave C still developing from 1.0343. Within the latter wave C there are also waves A, B and C (colored red in the chart) with subwave C still developing from 1.0199. The tragets of the downmove are Fibonacci retracements of 0.9387-1.0752, and expansions off 1.0752-1.0051-1.0343, 1.0343-1.0112-1.0199.
Supports:
- 1.0056 = contracted objective point (COP)
- 0.9968 = objective point (OP)
- 0.9910-08 = confluence area of contracted objective point (COP) and .618 ret
- 0.9825 = expanded objective point (XOP)
If the price reverses to the upside the immediate resistances will be Fibonacci retracements of 1.0752-1.0051.
Resistances:
- 1.0402 = .50 ret
- 1.0484 = .618 ret

Overbought/Oversold
Assuming that the larger wave is now moving down it's preferable to try short positions when the Detrended Oscillator goes above the zero level (25-35 pips above the current prices) or gets into the overbought area (70-90 pips above the current prices).
http://instaforex.com/forex_analysis/43896/?x=OUE

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GBP/JPY Elliott wave count and Fibonacci levels for November 15, 2011

Wave analysis

Roman Molodiashin

GBP/JPY is developing corrective wave 4 (colored light green in the chart) of medium term uptrend from 127.25. Within this wave there are three subwaves (colored royal blue in the chart), and impulse subwave С is still developing from 125.63. Within the latter there are also three subwaves (colored magenta in the chart) with impulse subwave C developing from 124.22. The targets below are Fibonacci retracements of 116.91-127.25, and expansions off 127.25-123.85-125.63, 125.63-122.90-124.22, 124.22-122.26-123.09.
Supports:
- 122.23 = objective point (OP)
- 122.08 = .50 retracement
- 121.88 = contracted objective point (COP)
- 121.49 = OP
- 121.13 = OP
If the price reverses to the upside the immediate resistances will be Fibonacci retracements of 125.63-122.26.
Resistances:
- 123.55 = .382 ret
- 123.94 = .50 ret
- 124.34 = .618 ret

Overbought/Oversold
Assuming that the major wave is now down it's preferable to try short positions when the Detrended Oscillator gets above the zero level (current prices) or into the overbought area (20-30 pips above the current prices).
http://instaforex.com/forex_analysis/43788/?x=OUE

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GBP/JPY Elliott wave count and Fibonacci levels for November 14, 2011

Wave analysis

Roman Molodiashin

GBP/JPY is developing corrective wave 4 (colored light green in the chart) of medium term uptrend from 127.25. Within this wave there are three subwaves (colored royal blue in the chart), and impulse subwave С is still developing from 125.63. The targets below are Fibonacci retracements of 119.93-127.25, 116.91-127.25, and expansions off 127.25-123.85-125.63, 125.63-122.90-124.22.
Supports:
- 122.73 = .618 retracement
- 122.53 = contracted objective point (COP)
- 122.23 = objective point (OP)
- 122.08 = .50 ret
- 121.50-49 = confluence area of .618 ret and OP
If the price reverses to the upside the immediate resistances will be Fibonacci retracements of 125.63-122.90, 127.25-122.90.
Resistances:
- 124.27 = .50 ret
- 124.56-59 = confluence area of .382 and .618 retracements
- 125.05-08 = confluence area of .786 and .50 ret
- 125.59 = .618 ret

Overbought/Oversold
Assuming that the major wave is now down it's preferable to try short positions when the Detrended Oscillator gets above the zero level (15-20 pips above the current prices) or into the overbought area (35-55 pips above the current prices).
http://instaforex.com/forex_analysis/43714/?x=OUE

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GBP/JPY Elliott wave count and Fibonacci levels for November 11, 2011

Wave analysis

Roman Molodiashin

   GBP/JPY is developing corrective wave 4 (colored light green in the chart) of medium term uptrend from 127.25. Within this wave there are three subwaves (colored magenta in the chart), and impulse subwave is still developing from 125.63. The targets below are Fibonacci retracements of 119.93-127.25, 116.91-127.25, and expansions off 127.25-123.85-125.63, 125.63-124.75-125.56, 125.56-123.01-123.81.
Supports:
- 122.73 = .618 retracement
- 122.23 = confluence area of two objective points (OP)
- 122.08 = .50 ret
If the price reverses to the upside the immediate resistances will be Fibonacci retracements of 125.56-123.01.
Resistances:
- 123.98 = .382 retracement
- 124.29 = .50 ret
- 124.59 = .618 ret

Overbought/Oversold
Assuming that the major wave is now down it's preferable to try short positions when the Detrended Oscillator gets above the zero level (10-15 pips above the current prices) or into the overbought area (20-30 pips above the current prices).
http://instaforex.com/forex_analysis/43598/?x=OUE

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AUD/USD Elliott wave count and Fibonacci levels for November 10, 2011

Wave analysis

Roman Molodiashin

AUD/USD is developing wave A of medium term downtrend (colored royal blue in the chart). Within this wave there are A, B and C subwaves (colored magenta in the chart), and subwave C is still developing from 1.0445. On still smaller scale there are three waves within the latter C - colored red in the chart - and impulse subwave C is still developing from 1.0403. The targets below the current price are Fibonacci retracements of 0.9387-1.0752, and expansions off 1.0752-1.0202-1.0445, 1.0445-1.0275-1.0403.
Supports:
- 1.0105 = contracted objective point (COP)
- 1.0070 = .50 retracement
- 0.9958 = super expanded objective point (SXOP)
- 0.9908 = .618 ret
- 0.9895 = objective point (OP)
If the price reverses to the upside the immediate resistances will be Fibonacci retracements of 1.0403-1.0106.
Resistances:
- 1.0219 = .382 ret
- 1.0255 = .50 ret
- 1.0290 = .618 ret

Overbought/Oversold
Assuming that the larger wave is now moving down it's preferable to try short positions when the Detrended Oscillator goes above the zero level (current prices) or gets into the overbought area (50-70 pips above the current prices).
http://instaforex.com/forex_analysis/43491/?x=OUE

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