monday aug 18, 2014
DESCRIPTION
Monday Aug 18, 2014TRANSCRIPT
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DAILY FOREX MARKET ANALYSIS
SELECTED CURRENCY PAIRS
AUGUST 18, 2014______________________________________________________________
I. CURRENCY ANALYSIS
WIDE-VIEW ANALYSIS
NARROWED-VIEW ANALYSIS
BRIEF DESCRIPTION
II. POSSIBLE TRADES NEXT FEW DAYS
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TODAYS PAIRS
GBP USD
GBP NZD
NZD CAD
EURO JPY
NZD JPY
GBP CAD
AUD USD
USD JPY
CHFJPY
AUD NZD
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I. CURRENCY ANALYSIS
GBP USD
WIDE-VIEW
DAILY CHART
1,2500
1,5000
1,7500
2,0000
02/02/2007 14/07/2009 11/08/2010 06/09/2011 01/10/2012 29/10/2013 29/10/2014 04/08/2015
2008 2009 2010 2011 2012 2013 2014 2015
FXCM Marketscope 2014
1,67262
IMMEDIATE-VIEW
DAILY CHART
Has broken Bullish from a large Pennant Has broken Bearish below Uptrend Lines Has hit Weekly Range Target
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GBP NZD
WIDER-VIEW
DAILY CHART
1,8000
1,9000
2,0000
2,1000
2,2000
01/08/2012 30/04/2013 02/09 07/01/2014 12/05 06/09 04/12 03/03/2015
Sep Nov 2013 Mar May Jul Sep Nov 2014 Mar May Jul Sep Nov
FXCM Marketscope 2014
1,97236
IMMEDIATE VIEW
DAILY CHART
1,9250
1,9500
1,9750
2,0000
2,0250
2,0500
02/12/2013 13/02 18/03 18/04 21/05 23/06 24/07 24/08
2014 Feb Mar Apr May Jun Jul Aug Sep
FXCM Marketscope 2014
1,97233
Has broken below Uptrend Line
Is moving inside Pennant
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NZD CAD
WIDER - VIEW
DAILY CHART
0,7000
0,8000
0,9000
07/01/2008 06/07/2009 14/06/2010 19/05/2011 24/04/2012 02/04/2013 11/03/2014 25/12 25/08/2015
2009 2010 2011 2012 2013 2014
FXCM Marketscope 2014
0,92304
IMMEDIATE VIEW
DAILY CHART
0,8750
0,9000
0,9250
0,9500
0,9750
20/12/2013 10/02 17/03 21/04 26/05 30/06 04/08 02/09 27/09
2014 Feb Mar Apr May Jun Jul Aug Sep Oct
FXCM Marketscope 2014
0,92306
Has broken Several Uptrend Lines
Broken out of Pennant with weak candles
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EURO JPY
WIDER-VIEW
DAILY CHART
100,00
125,00
150,00
10/06/2010 20/09/2011 13/06/2012 11/03/2013 03/12 27/08/2014 06/03/2015 13/09 22/03/2016
Sep 2011 May 2012 2013 2014 Sep
FXCM Marketscope 2014
137,038
IMMEDIATE VIEW
DAILY CHART
132,50
135,00
137,50
140,00
142,50
145,00
27/11/2013 22/01/2014 26/02 02/04 07/05 11/06 16/07 20/08 14/09
2014 Mar May Jul Sep
FXCM Marketscope 2014
137,038
Possibly forming a Large Pennant
Possible 2nd Support point being formed
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NZD JPY
WIDER-VIEW
DAILY CHART
50,00
60,00
70,00
80,00
90,00
100,00
09/03/2005 05/02/2008 02/09/2009 31/03/2011 24/10/2012 26/05/2014 02/08/2015 14/09/2016 28/10/2017
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
FXCM Marketscope 2014
86,953
IMMEDIATE VIEW
DAILY CHART
84,00
85,00
86,00
87,00
88,00
89,00
90,00
26/02/2014 18/04 13/05 05/06 30/06 23/07 15/08 03/09
Mar May Jul Sep
FXCM Marketscope 2014
86,955
Possibly Forming Large Range
Possible 2nd Support Being formed
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GBP CAD
WIDER-VIEW
DAILY CHART
1,6000
1,7000
1,8000
09/11/2012 16/05 28/08 10/12 26/03/2014 08/07 02/10 15/12 27/02/2015
2013 Mar May Jul Sep Nov 2014 Mar May Jul Sep
FXCM Marketscope 2014
1,82089
IMMEDIATE VIEW
DAILY CHART
1,7500
1,7750
1,8000
1,8250
1,8500
1,8750
1,9000
07/01/2014 26/02 31/03 01/05 03/06 04/07 06/08 02/09 25/09
Feb Mar Apr May Jun Jul Aug Sep Oct
FXCM Marketscope 2014
1,82090
Broken Inner Uptrend Line
Two Pennants side-by-side
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AUD USD
WIDER -VIEW
DAILY CHART
0,9000
0,9500
1,0000
1,0500
1,1000
30/03/2011 31/01/2012 16/07 31/12 17/06/2013 29/11 19/05/2014 11/10 07/02/2015
May Sep 2012 May Sep 2013 May Sep 2014 May Sep
FXCM Marketscope 2014
0,93240
IMMEDIATE VIEW
DAILY CHART
0,8750
0,9000
0,9250
0,9500
31/12/2013 14/03 18/04 23/05 27/06 01/08 01/09 26/09
Mar May Jul Sep
FXCM Marketscope 2014
0,93241
Possibly Forming A Range
May break Uptrend Line, Start Downtrend
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USD JPY
WIDER VIEW
DAILY CHART
80,00
85,00
90,00
95,00
100,00
105,00
110,00
25/08/2011 24/04/2012 21/09 22/02/2013 24/07 23/12 26/05/2014 05/10 21/01/2015
2012 May Jul Sep 2013 May Jul Sep 2014 May Jul Sep Nov
FXCM Marketscope 2014
102,551
IMMEDIATE VIEW
DAILY CHART
100,00
102,50
105,00
10/12/2013 20/02 25/03 25/04 28/05 30/06 31/07 29/08
2014 Feb Mar Apr May Jun Jul Aug Sep
FXCM Marketscope 2014
102,551
Within A Range above Outer Uptrend Line
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CHF JPY
WIDER-VIEW
DAILY CHART
80,00
90,00
100,00
110,00
120,00
31/05/2010 05/10 05/06/2012 06/02/2013 08/10 11/06/2014 22/12 14/06/2015
Sep 2011 May Sep 2012 May Sep 2013 May Sep 2014 May Sep
FXCM Marketscope 2014
113,112
IMMEDIATE VIEW
DAILY CHART
110,00
112,50
115,00
117,50
120,00
122,50
07/10/2013 12/12 23/01/2014 04/03 11/04 21/05 30/06 07/08 08/09
Nov 2014 Mar May Jul Sep
FXCM Marketscope 2014
113,112
Above Outer Uptrend Line
Possibly Forming Support of Pennant
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AUD NZD
WIDER-VIEW
DAILY CHART
1,1000
1,2000
1,3000
27/05/2010 14/04/2011 22/11 29/06/2012 08/02/2013 18/09 30/04/2014 06/11 13/04/2015
Sep 2011 May Sep 2012 May Sep 2013 May Sep 2014 May Sep 2015
FXCM Marketscope 2014
1,09924
IMMEDIATE VIEW
DAILY CHART
1,0500
1,0600
1,0700
1,0800
1,0900
1,1000
14/01/2014 26/02 25/03 21/04 16/05 12/06 09/07 05/08 28/08
Mar May Jul Sep
FXCM Marketscope 2014
1,09926
Has broken Inner Downtrend Line
Has formed a Large Pennant
Now at Resistance in a small Range___________________________________________________________
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III. POSSIBLE TRADES NEXT FEW DAYS
PAIR SETUPS & SIGNALS
CHF JPY Break of Downtrend Line, Rally To ResistanceEUR JPY Break of Downtrend Line, Rally To ResistanceAUD NZD Break of Small Range - Major Bullish Breakout/Down to
SupportGBP CAD Break of Pennant- Bearish Breakout
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