EUR/USD - Euro / US DollarEntry: 1.3615
Stop: 1.365
Resistances: 1.3725 - 1.3695 - 1.3635
Supports: 1.345 - 1.354 - 1.359
EUR/JPY - Euro / YenEntry: 123.25
Stop: 123.6
Resistances: 125 - 123.9 - 123.35
Supports: 121.8 - 122.5 - 122.8
EUR/CAD - Euro / Canadian DollarEntry: 1.384
Stop: 1.3865
Resistances: 1.393 - 1.389 - 1.386
Supports: 1.378 - 1.381 - 1.383
EUR/AUD - Euro / Australian dollarEntry: 1.477
Stop: 1.4805
Resistances: 1.486 - 1.483 - 1.4805
Supports: 1.468 - 1.473 - 1.4765
AUD/USD - Australian dollar / US DollarEntry: 0.922
Stop: 0.92
Resistances: 0.9285 - 0.925 - 0.923
Supports: 0.9175 - 0.919 - 0.921
EURO and GBP had a slide day yesterday.They are expected to make some lower level swings and gain levels during Japanese session.During European session they are expected to gain quickly.During late European and early US session they are expected to make some dip and volatile moves and firm up for week end.
Next week Monday they are expected to firm up and gain levels very quickly to reach above the estimated highs of the channels.
I will explain the trading strategies using hedging and also how to determine the entry and exit using price action of the market during todays twin webinars - Tracking the market together part I and part II going to be given during 05:00-05:45 GMT and 14:00-14:45 GMT respectively.
The link to register is available in the home page of fxstreet.com
Regards
Dr.Sivaraman
EURO and GBP made the slide as expected from yesterday mid US session.They have made the slide during Japanese session as posted here yesterday.
During early European session after some firming up move are expected to slide during late European session to reach near low and then swing and firm up during US session.
Recovery move is expected during week end ( Friday)
Regards
Dr.Sivaraman
EUR/GBP - Euro / British PoundEntry: 0.895
Stop: 0.8985
Resistances: 0.9 - 0.8975 - 0.8955
Supports: 0.887 - 0.8925 - 0.8945
EUR/CHF - Euro / Swiss FrancEntry: 1.4465
Stop: 1.4485
Resistances: 1.4505 - 1.4485 - 1.447
Supports: 1.44 - 1.4435 - 1.4455
EUR/CAD - Euro / Canadian DollarEntry: 1.386
Stop: 1.389
Resistances: 1.392 - 1.3885 - 1.3865
Supports: 1.378 - 1.383 - 1.385
EUR/AUD - Euro / Australian dollarEntry: 1.486
Stop: 1.4885
Resistances: 1.5015 - 1.49 - 1.487
Supports: 1.4765 - 1.482 - 1.485
EUR/USD - Euro / US DollarResistances: 1.378 - 1.373 - 1.3695
Supports: 1.3535 - 1.364 - 1.367
Euro and GBp gained further with brief dips during Japanese session.They are expected to rise during early European session to make a drop during late european session to rise again during US session.Wide range swings could give either way trading opportunities- sell during upward stop hunt above initial high and buy during downward stop hunt below the initial low set for the day.
You can take buy positions for position trade during tomorrow japanese session drop to close during week end rise and next week.
USD/YEN is expected to swing and rise above the current range.USD/CAD is expected to gain levels from now.AUD and USD/CHF are expected to make range bound swings.
Regards
Dr.Suivaraman




