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USD / JPY Daily Outlook October 1, 2012

The decline from 79.22 has likely completed at 77.43 . Bias is a little on the upside for 78.36 resistance is small. Break there will target a test on 79.22 . We are supporting the bullish case, decreased from 84.17 has completed at 77.13 . Hence, downside should be limited above 77.13 and bring rebound. Break there of 79.22 will target 80.61 resistance (50% retracement of 84.17 to 77.13 at 80.65).

EUR / USD Daily Outlook October 1, 2012

EUR / USD break 1.2816 today, but managed to recover quickly. The decline from 1.3171 is viewed as corrective only. We still expect the support of 1.2816 (38.2% retracement of 1.2255 to 1.3171 at 1.2821) to hold the downside. Above 1.2970 bias back to the upside for 1.3171 . Break there will confirm resumption of recent rise from 1.2042 and target 1.3486 key resistance (50% retracement of 1.4939 to 1.2042 at 1.3491). However, further break of 1.2816 will bring deeper decline to 61.8% retracement of 1.2255 to 1.3171 at 1.2605.

USD / CHF Daily Outlook October 1, 2012

With the support of 0.9327 , the recovery from 0.9238 could continue higher. We expect strong resistance from the 0.9502 resistance (38.2% retracement of 0.9971 to 0.9238 at 0.9518) to limit upside and bring resumption of decline. Below 0.9327 bias back to the downside and will likely send USD / CHF through 0.9238 towards 0.8930 key support.

GBP / USD Daily Outlook October 1, 2012

GBP / USD fell to 1.6037 today and then slightly recovered. Correction from 1.6309 might continue lower. Short-term outlook remains bullish as long as 1.5912 support has not been touched and we expect a higher increase in the future. Break of 1.6300 would imply a larger bullish and will pave the way to 1.6618/6746 resistance zone.

[fxinvestindo]

Technical Analysis GBP / USD 9 April 2013

With H4 MACD below signal line, bias daily GBP / USD unchanged neutral (sideway). Rebound from 1.4830 is viewed as a correction only. We expect strong resistance of 1.5422 (38.2% retracement of 1.6380 to 1.4830) to limit upside and bring reversal. Break 1.5198 (minor support) will turn bias back to the downside. Break will bring retest 1.5032 1.4830. However, break 1.5422 would open up the prospect of a strong rally to 61.8% retracement at 1.5788.


Technical Analysis EUR / USD 9 April 2013

EUR / USD 's rebound from 1.2746 extends further to 1.3067 so far. Daily bias remains on the upside for 1.3114 (38.2% retracement of 1.3710 to 1.2746). Break there will target 61.8% retracement at 1.3342 and possibly above. Instead, break 1.2900 will turn focus back to 1.2661 key support level.

[fxinvestindo]

Technical Analysis EUR / USD May 8, 2013

Bias Daily EUR / USD remains neutral (sideway) for now. During untouched 1.2954, rebound from 1.2746 is still support to continue and break will target 1.3342 1.3242 (61.8% retracement of 1.3710 to 1.2746). However, a break of 1.2954 will indicate that such rebound has completed and retest on 1.2746 at the same time completing the rebound from 1.2746 in three wave corrective structure and have a larger bearish implications.


Technical Analysis USD / JPY May 8, 2013

Intraday bias remains neutral (sideway) for the moment and consolidation from 99.94 could extend further. Break 97.95 (minor support) would bring further fall. But the downside was conceived by 95.74 and bring rebound. Break of 99.94 will target 104.65 (161.8% projection of 77.13 to 96.70 from 92.56).