Short Term Technical Analysis for Majors (07:00 GMT)

WindsorBrokers

Par 100 posts (V.I.P)
EURUSD

The Euro bounced after posting fresh low at 1.0615 yesterday, on profit-taking action that peaked at 1.0717. Falling daily 10SMA, reinforced by falling daily Tenkan-sen, which maintains downmove for the past month, capped so far the rally at 1.0717.
This barrier should ideally keep the upside protected, however, extension higher cannot be ruled out, as hourly studies turned positive.
Overall picture remains firmly bearish and favors fresh action lower, on completion of current consolidation.
Next significant barriers lay at 1.0760, hourly double top and 4-hour Ichimoku cloud base and 1.0800/28, Fibonacci 38.2% of 1.1094/1.0615 / 12 Nov low and mark the upside breakpoint
Res: 1.0717; 1.0760; 1.0800; 1.0828
Sup: 1.0666; 1.0629; 1.0615; 1.0600

eurusd_20151119111040.png






GBPUSD

Cable probes above four-day 1.5262/1.5153 congestion, following two-day rally from 1.5153, 17 Nov range low, where higher low is forming, after false break below strong weekly Ichimoku cloud support at 1.5191.
Cracking descending daily 20SMA / Kijun-sen line at 1.5267, could be seen as initial bullish signal, though, gains so far stay below psychological 1.5300 barrier.
The notion is supported by near-term studies, which gained bullish tone.
On the other side, daily technicals remain bearishly aligned, with the pair facing strong resistance zone above 1.53 barrier, which consist of sideways-moving daily 30SMA and 200SMA at 1.5306 and 1.5339, respectively.
Sustained break here is needed to confirm bearish resumption and neutralize existing risk of recovery stall.

Res: 1.5291; 1.5306; 1.5340; 1.5370
Sup: 1.5248; 1.5226; 1.5206; 1.5185

gbpusd_20151119111017.png








USDJPY

The pair pulls back in corrective action, after marginally higher high was posted at 123.74. Probe below initial support and former consolidation floor at 123.17, Fibonacci 38.2% of 122.20/123.74, generated initial signal of deeper pullback, which so far hit support at 123.08, rising daily 10SMA.
Strong support lies at 123 zone, defined by 10SMA and 4-hour Ichimoku cloud top and should ideally contain dips, to prevent deeper pullback.
However, near-term studies are weakening and cannot rule out further correction.
Extended corrective action, also signaled by daily RSI / slow Stochastic, reversing from overbought territory, should not exceed key near-term support at 122.20, 16 Nov higher low.

Res: 123.36; 123.74; 124.14; 124.50
Sup: 123.08; 122.90; 122.79; 122.56


usdjpy_20151119110953.png






AUDUSD
The pair rallies above near-term 0.7156/0.7067 consolidation, after strong barriers of falling daily 20SMA and trendline resistance at 0.7125, were taken out.
Today’s fresh strength, follows yesterday’s indecision, shaped in Doji with long tail, commences the third wave of recovery from 0.7014, low of 10 Nov. Daily close above 0.7156, former range top and Fibonacci 38.2% of 0.7380/0.7014 downleg, is seen as minimum requirement to confirm bullish resumption. The notion is supported by probe above the top of thin daily cloud top, which twists higher.
Next important barriers lay at 0.7210/22, Fibonacci 100% expansion / 04 Nov lower top.
Daily indicators are heading north and gaining bullish momentum for fresh upside extension.
Broken daily 20SMA / bear-trendline, now offer strong support, guarding 0.7067 higher low and downside breakpoint.

Res: 0.7177; 0.7197; 0.7210; 0.7222
Sup: 0.7151; 0.7125; 0.7067; 0.7048
audusd_20151119110926.png
 

WindsorBrokers

Par 100 posts (V.I.P)
EURUSD

The Euro cracked psychological 1.06 support, on extension of last Friday’s bearish acceleration that left bearish outside day. Strong bearish stance is also confirmed by negative weekly close. Firm break below 1.06 handle, is expected to trigger stops and accelerate towards next target at 1.0519, 10 Apr low with key med-term support at 1.0461, Mar 2015 year-to date low, seen in extension.
Limited corrections are expected, with falling daily 10SMA / Tenkan-sen, which maintains month-long descend, offering strong resistance at 1.07 zone, where upticks should be ideally capped.
Only sustained break above 1.0760, last Friday / 16 Nov peaks, would ease strong bearish pressure and allow for extended recovery.
Res: 1.0661; 1.0706; 1.0727; 1.0760
Sup: 1.0599; 1.0560; 1.0519; 1.0461

eurusd_20151123101146.png







GBPUSD

Cable reversed quickly and left long daily bearish candle on Friday, following last Thursday’s upside rejection at strong 1.5340 zone, daily Ichimoku cloud base / 200SMA. Friday’s action was capped by south-turning daily 30SMA, where tower top was left at 1.5308.
Bearish acceleration closed below daily 10SMA at 1.5206 and so far touched 1.5138, below Fibonacci 61.8% of 1.5025/1.5334 upleg.
Near-term studies turned bearish on current weakness, while daily bears are re-confirmed on return to firm bearish setup of daily MA’s.
The pair is looking for next support at 1.5100, Fibonacci 76.4% level / hourly higher base, the last obstacle on the way to 1.5025, 06 Nov low and psychological 1.5000 support.
Oversold 4-hour slow Stochastic may trigger extended consolidation, with broken daily 10SMA, currently at 1.5205, expected to ideally cap.
Only break above falling daily 20SMA at 1.5246, would sideline near-term bears.

Res: 1.5175; 1.5205; 1.5246; 1.5260
Sup: 1.5138; 1.5100; 1.5025; 1.5000


gbpusd_20151123101109.png







USDJPY

The pair is gaining traction on bounce from 122.60/70 zone, last Thu/Fri lows and establishes above 123 handle. Fresh rally commenced after bears showed hesitation at 122.60 low, which stayed intact and Doji candle was left on Friday.
Weekly close was also bullish, despite strong selling pressure earlier.
Higher low is now forming at 122.60, for renewed attacks at key 123.74 barrier, peak of 18 Nov, which guards our short-term target at 124.14.
Broken daily 10SMA offers initial support at 123, ahead of 122.60 higher base and pivotal 122.20 higher low, reinforced by rising daily 20SMA.

Res: 123.31; 123.47; 123.74; 124.14
Sup: 123.00; 122.61; 122.20; 121.47


usdjpy_20151123101046.png







AUDUSD
Aussie pulls back below thin daily cloud base at 0.7170, after strong two-day bullish acceleration peaked at 0.7248. Recovery failed to close above 0.7240, Fibonacci 61.8% of 0.7380/0.7014 descend, missing another bullish signal, in favor of corrective pullback.
The pair found footstep at 0.7157, double-Fibonacci support, also former consolidation tops, which should act as ideal support and limit near-term bears off 0.7248.
Slow Stochastic of 4-hour chart is entering oversold territory and could be seen as initial reversal signal. However, regain of minimum 0.72 level, which lies near Fibonacci 38.2% of 0.7248/0.7157, is needed to confirm scenario.
Caution on overbought conditions of daily slow Stochastic and MACD / Momentum studies hovering around the midlines.
Return below 0.7157 will trigger fresh bears and signal extension of reversal from 0.7248.

Res: 0.7200; 0.7240; 0.7265; 0.7300
Sup: 0.7157; 0.7136; 0.7100; 0.7067


audusd_20151123101020.png
 

WindsorBrokers

Par 100 posts (V.I.P)
Short Term Technical Analysis for Majors (11:00 GMT)

EURUSD

The Euro probed above 1.06 barrier, on a bounce from yesterday’s marginally lower low at 1.0556. Current action is seen as consolidation and preceding fresh bears towards initial target at 1.0519 and key med-term support at 1.0461, low of 2015, posted in Mar, in extension.
Bearish resumption, on violation of the latter, is seen as likely s/t scenario, as overall bears remain firmly in play.
Near-term consolidation faces good resistance at 1.0628, falling daily 10SMA, which is expected to ideally cap, guarding descending daily 20SMA, currently at 1.0693, reinforcing 1.0688 pivot, spike high of 25 Nov.

Res: 1.0617; 1.0628; 1.0690; 1.0737
Sup: 1.0576; 1.0556; 1.0519; 1.0500

eurusd_20151201100709.png






GBPUSD

Cable bounced strongly after cracking psychological 1.50 support yesterday and regained levels above 1.51 handle, on today’s fresh bullish acceleration.
Near-term technicals regained traction on current rally, which so far holds under pivotal barrier at 1.5134, 25 Nov lower top / near Fibonacci 38.2% of 1.5334/1.4992 descend, reinforced by falling daily 10SMA.
Sustained break here is required to give initial signal of stronger correction, as daily slow Stochastic reversed from oversold zone and heads north, showing more room for corrective action.
However, strong resistance zone lies ahead, consisting of falling daily 20SMA at 1.5164 and weekly Ichimoku cloud base at 1.5188, which lies just under Fibonacci 61.8% of 1.5334/1.4992 and is expected to limit extended rallies, ahead of renewed attack at 1.50 pivot.
Near-term consolidative actions are seen ahead of renewed attempts higher, while return below 1.5048, session low, would signal an end of corrective phase.


Res: 1.5124; 1.5134; 1.5164; 1.5188
Sup: 1.5075; 1.5028; 1.4992; 1.4950
gbpusd_20151201100642.png






USDJPY

The pair regains 123 zone, after overnight’s sharp fall to 122.62, where footstep was found.
Near-term technicals are in neutral mode, while daily bulls remain intact and keep focus at the upside.
Brief break below rising daily 20SMA, which maintains ascend from 122.24 higher low, so far did not affect overall bullish structure. Repeated daily close above 20SMA, to keep intact near-term upleg from 122.24, for fresh attack at 123.32, yesterday’s high and extension towards key near-term barrier at 123.74, 18 Nov high.
Conversely, fresh attempts lower and daily close below 20SMA, currently at 122.80, would sideline immediate upside attempts and signal extended consolidation.
Session low at 122.62, offers initial support, guarding 122.24/20 breakpoint.

Res: 123.32; 123.59; 123.74; 124.50
Sup: 122.80; 122.62; 122.20; 121.56


usdjpy_20151201100620.png






AUDUSD
Aussie accelerated on RBA overnight, triggering fresh recovery extension, signaled by yesterday’s Bullish Engulfing pattern. Fresh strength emerged above daily Ichimoku cloud top at 0.7214, to peak ticks away from psychological 0.7300 barrier.
Strong bullish setup of daily studies, favors further upside, after near-term consolidation phase, left higher base at 0.7160 zone.
Focus is shifting towards key 0.7380 barrier, peak of 12 Oct, regain of which is needed to confirm higher low at 0.7020 and signal resumption of recovery from 0.6906, low of 04 Sep.
Hourly higher low at 0.7253, offers initial support, ahead of daily cloud top at 0.7214, which is expected to contain extended corrective dips.

Res: 0.7300; 0.7361; 0.7380; 0.7435
Sup: 0.7253; 0.7220; 0.7214; 0.7168

audusd_20151201100551.png
 

WindsorBrokers

Par 100 posts (V.I.P)
Short Term Technical Analysis for Majors (11:00 GMT)

EURUSD

The Euro extends near-term recovery from 1.08 zone, where pullback from 1.0978 peak was contained and hourly higher low formed. The pair broke above hourly Ichimoku cloud top, which now offers initial support at 1.0872.
Yesterday’s positive close improves near-term structure, however, limited upside attempts are seen for now. Mixed setup of daily MA’s and indicators signals no clear direction, with extended range-trading between 1.08 and 1.10 pivots, seen as likely scenario ahead of key FOMC meeting on 16 Dec.
Recovery rally’s high at 1.0978 is reinforced by daily 55SMA, guards psychological 1.10 barrier and 200SMA at 1.1028, which form strong resistance zone.
On the downside, hourly cloud top offers initial support at 1.0872, guarding pivotal 1.08 zone, 07 Dec correction low / Fibonacci 38.2% of 1.0519/1.0978 rally.
Break of either boundary of the range is needed to define fresh direction.

Res: 1.0948; 1.0978; 1.1000; 1.1028
Sup: 1.0872; 1.0839; 1.0800; 1.0764

eurusd_20151209094654.png






GBPUSD

Cable returned back above psychological 1.50 handle, on corrective rally off yesterday’s fresh low at 1.4954. Three-day bearish acceleration that left lower top at 1.5155, retraced Fibonacci 76.4% of 1.4892/1.5157 rally, so far.
Near-term studies remain negative and see limited correction, ahead of fresh push towards 1.4892 target, to mark full retracement of 1.4892/1.5157 upleg.
Firm bearish structure favors further downside, as daily slow Stochastic, which reversed from overbought territory, shows more room at the downside.
Corrective attempts face good resistance at 1.5060 zone, falling daily 10SMA / hourly Ichimoku cloud base, where rallies should be ideally capped.
Extended rallies would open next pivot at 1.5100, 4-hour Ichimoku cloud top, break of which will sideline bears.


Res: 1.5060; 1.5080; 1.5100; 1.5123
Sup: 1.5000; 1.4954; 1.4892; 1.4860

gbpusd_20151209094633.png




USDJPY

The pair extends yesterday’s pullback, after repeated upside rejection at 123.40 zone and shifts near-term focus towards strong support and congestion floor at 122.25 zone.
Initial negative signals were given by break below daily Tenkan-sen / 20SMA at 122.95, however, daily technicals remain bullishly aligned.
Rising daily 30SMA, so far contains at 122.57 and while holding, will keep limited downside risk at 122.25 pivot.
Otherwise, violation of 122.25 support, would signal triple-top formation and trigger stronger bearish acceleration.
Alternatively, bounce and close above 123.00/15 resistance zone, is needed to sideline downside risk and reverse focus higher.

Res: 122.95; 123.15; 123.37; 123.65
Sup: 122.57; 122.25; 122.00; 121.57


usdjpy_20151209094610.png






AUDUSD
Aussie extends strong reversal off 0.7380 pivotal resistance, after attempts to break the resistance failed and subsequent sharp fall commenced.
Two long red daily candles confirm rising downside pressure, as fresh bears accelerated through 0.7200, 50% of 0.7014/0.7383 rally and next support at 0.7168, daily Ichimoku cloud top. Daily cloud is thin (0.7168/43) and is not expected to provide significant support. Surge through the cloud would open next support at 0.7100, round-figure / Fibonacci 76.4% retracement.
Look for corrective rallies in the near-term, as daily slow Stochastic is entering oversold territory. Daily Tenkan-sen at 0.7275 is expected to ideally cap corrective rallies.

Res: 0.7200; 0.7235; 0.7280; 0.7305
Sup: 0.7168; 0.7143; 0.7100; 0.7067

audusd_20151209094517.png
 

WindsorBrokers

Par 100 posts (V.I.P)
EURUSD

The Euro consolidates within 1.0868/1.0982 range, holding in daily Ichimoku cloud, after recovery leg from 1.0801, low of 17 Dec, stalled under psychological 1.10 barrier.
Bullish daily studies favor resumption of the upleg from 1.0801, for final attack at key 1.1058/55 barrier, former recovery top of 15 Dec, reinforced by daily Ichimoku cloud top and 100SMA. Break here is needed to signal resumption of larger recovery from 1.0519, low of 03 Dec and confirm trough at 1.0801.
Near-term studies are bullishly aligned, with correction on overbought slow Stochastic, expected to precede fresh attacks at near-term range top.
Daily Tenkan-sen offers initial support at 1.0929, near Fibonacci 38.2% of 1.0868/1.0977 upleg, which is expected to ideally contain dips.
However, extension of corrective pullback should be contained above daily cloud base at 1.0888, to keep near-term bulls in play.
Otherwise, reversal under daily cloud and rising daily 20SMA, currently at 1.0875, will weaken the structure and expose range’s lower boundary for test.

Res: 1.0982; 1.1009; 1.1042; 1.1058
Sup: 1.0929; 1.0909; 1.0888; 1.0875

eurusd_20151228085047.png






GBPUSD


Cable entered near-term consolidation under 1.4943 high, where recovery rally from fresh eight-month low at 1.4803, was capped by initial barrier, falling daily 10 SMA.
Daily slow Stochastic is heading north, on reversal from oversold territory and sees room for further upside extension. However, firmly bearish daily studies, suggest limited upside action, before bears resume for clear break below cracked weekly channel support, currently at 1.4834, for final push towards key med-term support at 1.4563, annual low, posted on 14 Apr.
Bullishly aligned near-term studies see potential for attempts above 10SMA barrier, towards next significant levels at 1.4969, Fibonacci 38.2% of 1.5237/1.4803 downleg, reinforced by 4-hour Ichimoku cloud base and psychological 1.50 barrier, where extended rallies should be limited.
Only close above falling daily 20SMA, currently at 1.5016, would sideline bears and signal stronger correction.




Res: 1.4943; 1.4969; 1.5000; 1.5020
Sup: 1.4931, 1.4889; 1.4856; 1.4836



gbpusd_20151228085013.png







USDJPY

The dollar bounces from fresh low at 120.05, posted today, on extension of steep fall from 123.53, 18 Dec peak.
Last Friday’s fall left long bearish candle and closed below former low of 14 Dec at 120.33, signals fresh extension of bear-leg from 123.53.
Psychological 120 support holds for now, with further recovery action signaled by oversold daily slow Stochastic. Initial barrier lies at 120.89, daily Ichimoku cloud base and 23.6% of 123.53/120.05 downleg, followed by Fibonacci 38.2% retracement at 121.38 and 200SMA at 121.58, which is expected to cap extended rallies.
On the downside, daily close below cracked Fibonacci 61.8% retracement of 118.05/123.74 rally at 120.22 and sustained break below 120.00 handle, is needed to confirm bearish resumption.


Res: 120.89; 121.38; 121.58; 121.79
Sup: 120.33; 120.05; 119.60; 119.39


usdjpy_20151228084948.png







AUDUSD
Recovery rally from 0.7095 low struggles at strong 0.7280 barrier, former tops of 15/16 Dec and Fibonacci 61.8% of 0.7383/0.7095 downleg. Near-term price action consolidates within narrow range, with bullish setup of daily studies being supportive, but overbought slow Stochastic, warning of possible recovery stall.
Sideways-moving daily 20SMA offers initial support at 0.7241, followed 0.7207, 4-hour chart trough and Fibonacci 38.2% of 0.7095/0.7280 upleg, loss of which would be initial signal of stronger pullback.
Downside breakpoint lies at 0.7160 zone, Fibonacci 61.8% retracement and thin daily Ichimoku cloud.
Conversely, daily close above 0.7280 will give initial bullish signal of further retracement of 0.7383/0.7095 downleg.

Res: 0.7280; 0.7315; 0.7332; 0.7383
Sup: 0.7253; 0.7241; 0.7207; 0.7166

audusd_20151228084924.png
 

WindsorBrokers

Par 100 posts (V.I.P)
EURUSD

The Euro was down 10.28% against the US dollar in 2015, ending year under psychological 1.10 barrier. Low of the year 2015 at 1.0461, posted in March, remained intact, despite repeated attempts lower, which were contained just above 1.05 handle.
Weekly and monthly technicals remain bearish and favor further downside attempts, after completion of med-term consolidation, entrenched within 1.0461 and 1.1712 range, where the pair spent most of the time in 2015.
On the other side, daily studies gained bullish tone, on bounce from December’s low at 1.0519 and point at the upside.
Short-term price action is holding between 1.08 higher base and 1.1058, 15 Dec high, where recovery rally was capped by sideways-moving 200SMA.
These marks initial sup/res levels, with break of either side of the range, needed to define fresh direction.
Near-term price action entered daily Ichimoku cloud, base of which offers immediate support at 1.0830, guarding 1.08 pivot. Return below 1.08 higher base, would turn focus towards key supports at 1.0519 and 1.0461, lows of 03 Dec and 13 Mar 2015.
Otherwise, violation of strong resistances at 1.1030/60 zone, 200SMA / daily Ichimoku cloud top / 15 Dec recovery top, would open way for stronger recovery towards net barrier at 1.15 zone, lower top of mid-Oct and key barrier at 1.1712, high of 2015.

Res: 1.0990; 1.1030; 1.1060; 1.1120
Sup: 1.0800; 1.0720; 1.0645; 1.0520

EURUSDDaily_20160104135300.png






GBPUSD

Cable is in strong downtrend since June 2015, following reversal of recovery rally from 1.4564, 2015 low, which stalled at 1.5928. Bearish acceleration broke below 1.4833, bear-channel support on the weekly chart and looks for full retracement of 1.4564/1.5928 rally.
Studies on larger timeframes hold firm bearish setup and keep downside in focus, with consolidation ahead of key 1.4564 support, expected on overextended daily indicators.
Falling daily 10SMA offers initial resistance at 1.4840, followed by 1.4900, Fibonacci 38.2% of 1.5237/1.4690 downleg and lower top of 24 Dec at 1.4943, where extended correction should be capped.
Only sustained break above psychological 1.50 barrier, would signal stronger correction and neutralize immediate downside threats.


Res: 1.4840; 1.4900; 1.5000; 1.5095
Sup: 1.4690; 1.4630; 1.4564; 1.4500



GBPUSDDaily_20160104135232.png






USDJPY

The pair traded within 115.80/125.85 congestion during the year 2015, after initial Jan / May rally stalled at 125.85 and subsequent pullback retraced over 61.8% of entire rally from 115.80, 2015 low.
Daily and weekly studies turned into bearish mode, on renewed weakness from 123.75, mid-Nov lower platform, heading towards initial support at 118.00, Feb/May base and 15 Oct low.
Violation of the latter will expose annual lows at 116/115.80 zone, which also mark the floor of year-long congestion and pivotal support zone, loss of which would signal stronger correction of broader ascend from 78.00 zone, lows of 2012.
Significant bearish signal was generated on break below, 119.76, multi-year bull-trendline, drawn off 78.00.
Psychological 120 level, offers initial resistance, ahead of lower top at 120.64, which guards daily Ichimoku cloud base at 120.89 and is expected to ideally cap rallies.
Double Death-Cross of 10/200 and 20/200SMA’s, confirms strong bearish pressure and marks the upper breakpoint at 121.60.

Res: 120.00; 120.65; 120.89; 121.60
Sup: 118.69; 118.00; 116.86; 116.00



USDJPYDaily_20160104135205.png




AUDUSD
Aussie was down 11% from Jan 2015 high at 0.8180, to 0.6906, low of the year, posted in September. The pair trades in short-term consolidative phase above 0.6906 low, following sharp two-legged fall that commenced from 2014 high at 0.9443 and found temporary ground at 0.6906.
Consolidation is expected to precede fresh leg lower, extension of multi-year downtrend from 1.1079, peak of 2011.
Today’s fresh bearish acceleration, signals formation of lower top at 0.7325, 31 Dec high and shifts focus towards higher low of 17 Dec at 0.7095, loss of which to expose another pivot at 0.7014, higher low of 10 Nov.
Thin daily Ichimoku cloud en-route, should not mark serious obstacle for freshly established near-term bears.
On the daily chart, bullish alignment of technicals is losing traction, with violation of initial pivot at 0.7095, seen as trigger for further weakness, which would expose lower boundary of short-term congestion at 0.7014.
Firmly bearish weekly and monthly studies support scenario of limited upside action, ahead of fresh leg lower.
On the upside, top of recovery rally from 0.6906, at 0.7383, marks the upper breakpoint, above which, extended correction could be anticipated.

Res: 0.7232; 0.7299; 0.7325; 0.7383
Sup: 0.7153; 0.7095; 0.7014; 0.6936

AUDUSDDaily_20160104135123.png
 

WindsorBrokers

Par 100 posts (V.I.P)
Short Term Technical Analysis for Majors (13:30 GMT)

EURUSD

The Euro returned below broken bear-channel resistance line and daily 20SMA, above which it closed on Friday’s strong rally.
Friday’s daily candle with very long tail, showed renewed buying interest, however, fresh bulls in Asia that initially peaked at 1.0967, were short-lived, keeping former tops at 1.0840 zone, cracked on Asian spike to 1.0967 high, still as good resistance.
Setup of daily MA’s is mixed, along with daily indicators, hovering around their midlines and slow Stochastic entering overbought territory that indicates possible recovery stall.
Fresh weakness off 1.0967 high was for now contained by hourly cloud top at 1.0870, which should act as ideal reversal point, to keep near-term bulls in play. However, lift above 1.09 barrier is seen as minimum requirement to signal fresh bulls and re-expose 1.0940/1.0967 pivots.
Regain of lower platform at 1.0990, is needed to confirm bullish resumption.
Conversely, penetration into thick hourly Ichimoku cloud, spanned between 1.0825 and 1.0870, would be seen as bearish signal, which needs confirmation on attack at clods base.
Res: 1.0900; 1.0938; 1.0967; 1.0990
Sup: 1.0870; 1.0852; 1.0825; 1.0800

eurusd_20160111130915.png






GBPUSD

Cable bounces from fresh 5 ½ year low at 1.4492, posted today on brief probe below psychological 1.45 support. Overall structure remains firmly bearish, as the pair closed on Friday below the last strong obstacle at 1.4563, 2015 low.
The wave C, which commenced from 1.4943, 24 Dec lower top, met its 100% Fibonacci expansion at 1.4501 and could travel to 1.4332, 138.2% expansion, with key longer-term support at 1.4230, 20 May 2010 low, also Fibonacci 161.8% expansion, being in short-term focus.
Consecutive strong bearish weekly close, supports the notion.
However, corrective rally on oversold daily studies, is expected to precede. Initial barrier lies at 1.4600, base of thin hourly cloud, with extended rallies to be capped under 1.4665, Fibonacci 38.2% retracement of 1.4943/1.4492 downleg, reinforced by falling daily 10SMA, which lies just above resistance.
Alternatively, stronger correction could be anticipated on extension above 1.4771, Fibonacci 61.8% retracement.

Res: 1.4600; 1.4643; 1.4665; 1.4701
Sup: 1.4519; 1.4492; 1.4450; 1.4400


gbpusd_20160111130845.png








USDJPY

The pair posted fresh 4 ½ month low at 116.67 today, on resumption of steep 6-day downleg from 120.64 lower top, which forms the wave C of larger downtrend from 123.53, 18 Dec peak.
Long bearish weekly candle signals strong bears in play for further downside.
The pair eyes next targets at 116.13, spike low of 24 Aug 2015 and 115.84/56, lows of Jan 2015 and Dec 2014, which also marks Fibonacci 138.2% expansion and floor of multi-month congestion.
Break here is needed to signal major reversal of multi-year uptrend from 75.55, Oct 2011 low.
Structure remains bearish overall and favors attack at 115.84/56 breakpoint zone, however, oversold slow Stochastic is turning higher and could spark stronger correction, before bears resume.
Highs of last Thu/Fri at 118.75, reinforced by falling daily 10SMA, which currently lies at 119.11, should ideally cap rallies.
Any stronger recovery attempts need to close above psychological 120 barrier, to sideline near-term bears.

Res: 117.90; 118.75; 119.29; 120.10
Sup: 117.50; 117.08; 116.67; 116.13


usdjpy_20160111130817.png






AUDUSD
Aussie consolidates strong 5-day fall, which briefly extended today and posted new low at 0.6925, just ahead of key 0.6906 support, low of 2015. The pair is looking for full retracement of multi-month 0.6906/0.7383 correction phase, to resume larger bear-trend from 1.1079, peak of July 2011.
Meantime, corrective bounce on oversold conditions is likely to precede final push to 0.6906 breakpoint, as daily slow Stochastic is reversing in oversold territory.
Good offers lay at 0.7080/95 zone, last Thu/Fri highs, also Fibonacci 38.2% retracement of 0.7325/0.6925 downleg and former low of 17 Dec and should be ideally capping recovery attempts.

Res: 0.7020; 0.7080; 0.7095; 0.7150
Sup: 0.6925; 0.6906; 0.6850; 0.6800


audusd_20160111130749.png
 

WindsorBrokers

Par 100 posts (V.I.P)
EURUSD
The pair remains under pressure and moves lower, approaching initial support at 1.08, last Friday’s post NFP low. Bears are taking control on daily technicals, as probe below daily 55SMA at 1.0830, is turning setup of daily MA’s into full bearish mode and indicators are moving into negative territory.
Firm break below 1.0810/00, Fibonacci 61.8% of 1.0713/1.0967 upleg / Friday’s low, which marks the first pivot, would open next significant support at 1.0772, daily Ichimoku cloud base, loss of which to expose key 1.0709/13 higher base, for full retracement of recovery leg from 1.0709, 05 Jan low.
Res: 1.0858; 1.0885; 1.0940; 1.0967
Sup: 1.0800; 1.0770; 1.0725; 1.0709

eurusd_20160113094947.png






GBPUSD

Cable is in near-term consolidation above fresh multi-year low at 1.4350, posted yesterday, just ahead of June 2010 low at 1.4344 and our target at 1.4331, Fibonacci 138.2% expansion of extended wave C from 1.4943.
Further upside attempts could be expected as daily studies are oversold and slow Stochastic reversed and emerged from oversold territory. However, overall bears are looking for fresh extension lower, after completion of consolidative phase.
Former target and lows of 08/11 Jan at 1.4500, offer initial barrier, followed by 1.4576, Fibonacci 38.2% of 1.4943/1.4350 downleg and falling daily 10SMA at 1.4613, below which, extended corrective attempts should be capped.
Renewed weakness through 1.4350/31 pivots, would open way towards next target at 1.4230, trough of Apr 2010.


Res: 1.4473; 1.4500; 1.4576; 1.4613
Sup: 1.4416; 1.4350; 1.4331; 1.4230


gbpusd_20160113094921.png






USDJPY

The pair resumes recovery above 118 barrier, which acted as strong resistance and capped past two days recovery attempts.
Today’s fresh strength sees risk of formation of Bear-Trap reversal pattern, with daily close above 118 handle, required to confirm.
Extension above 118.00 pivot and 118.20, Fibonacci 38.2% of 120.64/116.67 downleg, is looking for next pivot at 118.63, falling daily 10SMA and 50% retracement, break of which will generate fresh bullish signal and expose 119.12, Fibonacci 61.8% retracement level.
Otherwise, upside rejection and return below 118 handle would neutralize idea of reversal pattern formation and subsequent stronger correction.

Res: 118.63; 119.12; 119.70; 120.00
Sup: 118.00; 117.62; 117.21; 116.67


usdjpy_20160113094850.png






AUDUSD
The pair probes above near-term consolidation top at 0.7034, as fresh strength emerges after two long-legged daily candles that signaled initial hesitation.
Daily slow Stochastic is heading north, after reversing from oversold territory and generates bullish signal.
Extension above psychological 0.7000 barrier, requires daily close above here, following double failure in past two days, to signal stronger recovery.
The pair now trades in the fourth, corrective wave from 0.6925, as a part of five-wave descend that commenced from 0.7383, 04 Dec high. The wave could extend to 0.7155, according to wave principles, where daily Ichimoku cloud base and daily 20SMA are expected to cap extended correction.
However, overall structure remains firmly bearish and is expected to commence fresh leg lower on attempts at key 0.6906 support, on completion of near-term corrective phase.

Res: 0.7073; 0.7095; 0.7125; 0.7155
Sup: 0.7034; 0.7000; 0.6972; 0.6950


audusd_20160113094827.png
 

WindsorBrokers

Par 100 posts (V.I.P)
Short Term Technical Analysis for Majors (10:00 GMT)

EURUSD
The Euro extends two-day recovery from 1.0787, hourly higher base, formed on downside rejection towards pivotal 1.0776 support, 21 Jan low. Recovery rally penetrated into daily Ichimoku cloud, on probe above cloud base at 1.0859. Rally was so far capped by 30SMA at 1.0880, keeping intact psychological 1.0900 barrier.
Near-term studies are bullishly aligned, while daily indicators hold in neutral territory and MA’s show mixed setup and daily Bollinger bands are contracting
Downside remains in focus in the near-term, however, return to 1.0787/76 pivots, is needed to confirm bearish resumption and expose key short-term support at 1.0709, 04/05 Jan lows and the lower boundary of short-term range, entrenched between 1.0709 and 1.0990.
Conversely, break above 1.09 barrier would sideline downside risk, but sustained break above 1.0925, Fibonacci 61.8% of 1.1058/1.0709 descend, is needed to confirm bullish resumption and expose daily Ichimoku cloud top at 1.1006.

Res: 1.0883; 1.0925; 1.0983; 1.1006
Sup: 1.0848; 1.0817; 1.0787; 1.0776

eurusd_20160127095115.png






GBPUSD

Cable is trading in extended corrective fourth wave off 1.4078 low, which peaked at 1.4365, on yesterday’s acceleration higher. Recovery so far holds below pivotal 1.4408/35 barrier, Fibonacci 38.2% of 1.4943/1.4078 downleg / falling daily 20SMA, which are expected to ideally cap recovery.
Near-term studies are bullishly aligned, while overall picture remains firmly bearish.
Daily RSI is turning lower, momentum studies are negative and slow Stochastic is attempting to turn lower at overbought zone’s border.
Broken daily 10SMA and Tenkan-sen line at 1.4263/51 zone, now offer strong support and break below here is needed to confirm reversal and turn focus towards 1.4078, 21 Jan low.

Res: 1.4365; 1.4408; 1.4435; 1.4510
Sup: 1.4290; 1.4250; 1.4171; 1.4145
gbpusd_20160127095052.png





USDCAD

The pair consolidates above 1.4100 handle, after posting fresh low at 1.4042, on yesterday’s bearish acceleration.
Reversal of oil prices, stopped yesterday’s strong fall, but latest oil dip, did not show stronger impact on USDCAD’s near-term price action.
However, yesterday’s close in long red candle that formed bearish outside day, gives negative signal, as the pair closed below important supports: daily 20SMA at 1.4213 and Fibonacci 61.8% of 1.3808/1.4688 at 1.4144.
Setup of daily MA’s is mixed, indicators are bearishly aligned, but slow Stochastic is oversold and is attempting to turn higher.
This suggests further consolidation, with negative sentiment in play, while initial barrier, daily 20SMA caps. Break here would ease immediate downside risk and expose current congestion top and upside pivot at 1.4323, reinforced by reversed daily 10SMA, currently at 1.4343.
On the downside, yesterday’s low and congestion base at 1.4042, marks initial support, followed by psychological 1.40 and more significant 1.3978, Fibonacci 38.2% of Oct-Jan 1.2829/1.4688 rally, loss of which will confirm bears.
Primary trend remains firmly bullish, but overbought conditions on larger timeframes, suggest deeper correction.

Res: 1.4154; 1.4195; 1.4212; 1.4289
Sup: 1.4259; 1.4207; 1.4160; 1.4112



usdcad_20160127095017.png






AUDUSD
The pair rides on the fourth, corrective wave, which commenced from 0.6826 and is part of five-wave descend from 0.7383, 04 Dec 2015 high.
Fresh acceleration higher, probes above daily 20SMA at 0.7019 and approaches ideal reversal point at 0.7055 zone, where the fourth wave should end, according to wave principles.
Barrier is reinforced by daily Kijun-sen line, which lies at 0.7075 and also marks the mid-point of 0.7325/0.6825 downleg.
Daily slow Stochastic is approaching overbought territory, which may support reversal theory.
Otherwise, extended fourth wave will look for next barrier at 0.7085, descending daily 30SMA and next pivot at 0.7134, Fibonacci 61.8% of 0.7325/0.6825 downleg.
Broken daily 20SMA offers initial support at 0.7020, followed by session low at 0.6990 and daily 10SMA at 0.6952.


Res: 0.7055; 0.7075; 0.7100; 0.7134
Sup: 0.7020; 0.6990; 0.6952; 0.6917

audusd_20160127094952.png
 

WindsorBrokers

Par 100 posts (V.I.P)
Short Term Technical Analysis for Majors (12:30 GMT)

EURUSD
The Euro returned back into daily Ichimoku cloud, on extended recovery that commenced from 1.08 zone, lows hit on Friday’s sharp fall and retested yesterday.
Daily chart shows range-trading, with flat daily indicators, holding in neutrality zone. Setup of daily MA’s turned into mixed mode, on fresh rally that returned above 20 and 30SMA’s.
Daily 30SMA now offers immediate support, which so far contained daily action at 1.0880.
Near-term technicals regained bullish tone and favor further upside attempts, as the pair probes above 1.09 handle.
Descending daily 100SMA and range tops at 1.0970/80 zone, mark strong resistance and are expected to cap extended rallies, guarding next breakpoint at 1.1006, daily Ichimoku cloud top.
Alternative scenario requires return below 20/30SMA’s and extension under daily cloud base at 1.0860, to turn near-term focus lower.

Res: 1.0929; 1.0946; 1.09661.1006
Sup: 1.0880; 1.0860; 1.0832; 1.0808

eurusd_20160202114118.png






GBPUSD

Cable broke and close above daily 20SMA, on yesterday’s rally that left long daily bullish candle and turned near-term sentiment into positive mode. Eventual probe and close above near-term congestion tops, reinforced by Fibonacci 38.2% retracement level of 1.4943/1.4078 downleg, suggest further recovery. Broken 20SMA now acts as support at 1.4356 and holds today’s consolidation.
Renewed attempts and sustained break above yesterday’s peak at 1.4442, would open next pivotal barrier at 1.4510, daily Kijun-sen / 30SMA, also 50% retracement of 1.4943/1.4078 downleg.
Daily 10SMA marks pivotal support at 1.4290, while return below daily Tenkan-sen at 1.4260, will neutralize and revive near-term bears.


Res: 1.4411; 1.4442; 1.4473; 1.4510
Sup: 1.4356; 1.4325; 1.4290; 1.4260

gbpusd_20160202114050.png






USDCAD

The pair consolidates in 1.40 zone, after posting fresh low at 1.3906 on yesterday’s extended weakness.
Repeated close below pivotal 1.3978 support, Fibonacci 38.2% of 1.2829/1.4688 rally gives strong bearish signal, together with repeated bearish daily candle with long upper shadow.
Weaker US dollar offset yesterday’s sharp fall of oil price and keeps negative sentiment in play.
Near-term studies are negative, with bearish setup of daily indicators and bearish 10/20SMA’s cross formed, looking for fresh downside attempts.
Yesterday’s high at 1.4060, offers initial resistance, ahead of falling daily 10SMA at 1.4135, which is expected to ideally cap rallies.
On the downside, session low at 1.3934, marks initial support, ahead of yesterday’s low at 1.3906, followed by 1.3828, rising daily 55SMA, which guards key short-term support, daily higher base at 1.3800.
Res: 1.4060; 1.4190; 1.4135; 1.4204
Sup: 1.3934; 1.3906; 1.3828; 1.3800


usdcad_20160202114021.png






AUDUSD
The pair is heavier in the near-term action, following bearish acceleration on RBA overnight that cracked near-term consolidation floor at 0.7040.
Mixed near-term technicals suggest prolonged range trading, while the price holds above 0.7040 handle, before fresh attempts lower, as reversal of daily slow Stochastic suggests fresh weakness, which requires break below initial 0.7040 support and 0.7020, Fibonacci 38.2% of 0.6825/0.7139 recovery.
Daily Kijun-sen offers immediate resistance at 0.7075, guarding pivotal 0.7140 resistance zone, recovery peak, reinforced by daily 100SMA.

Res: 0.7075; 0.7100; 0.7140; 0.7200
Sup: 0.7040; 0.7020; 0.7000; 0.6969

audusd_20160202113932.png
 

WindsorBrokers

Par 100 posts (V.I.P)
Short Term Technical Analysis for Majors (12:30 GMT)

EURUSD
Near-term structure remains weak, as the pair posted marginally lower low at 1.1105 yesterday, with another red daily candle with long upper shadow, which confirms persisting downside pressure.
However, the pair was so far unable to close below pivotal 1.1120 support, Fibonacci 38.2% of 1.0709/1.1374 rally, despite probes below support.
Extended congestion would be likely near-term scenario, while 1.1120/00 support zone holds, as daily studies are bullish, with 20/200SMA’s Golden Cross being formed and underpinning larger bulls, which are currently in corrective phase.
Also, daily Slow Stochastic turned sideways in oversold territory, suggesting possible reversal.
Selling on upticks remains favored, ideally towards 1.1205, Fibonacci 38.2% of 1.1374/1.1105 downleg / 10SMA, for renewed attempts lower, with tight stop at daily Tenkan-sen, break of which to signal reversal.
Final break through 1.1120/00 supports will open 1.1075/55, daily Kijun-sen / 200SMA, as next strong supports. Loss of the latter is needed to confirm reversal.

Res: 1.1148; 1.1177; 1.1191; 1.1205
Sup: 1.1105; 1.1075; 1.1055; 1.1000


eurusd_20160218114752.png






GBPUSD

Cable rallies above near-term consolidation range, signaling formation of hourly base at 1.4230 zone, after yesterday’s action was shaped in long-legged daily candle, signaling indecision.
Current rally presents the fourth, corrective wave of five-wave downmove from 1.4665, 04 Feb high, which should ideally reverse at 1.4460, before commencing fresh bear-leg.
Daily Slow Stochastic, reversing from oversold zone, supports the action, with initial barrier, daily 30SMA at 1.4377, being reached so far.
Next resistance lies at psychological 1.4400 level and also marks Fibonacci 38.2% retracement of 1.4665/1.4233 downleg, followed by daily 10SMA at 1.4426.
Early upside rejection will signal fresh bears, while extended fourth wave should not exceed 1.4500, Fibonacci 61.8% of 1.4665/1.4233 descend.

Res: 1.4377; 1.4400; 1.4426; 1.4460
Sup: 1.4337; 1.4270; 1.4233; 1.4200


gbpusd_20160218114729.png






USDCAD

The pair slumped yesterday, on fresh rally of crude oil, leaving long red daily candle, which confirms return of near-term bears fully in play.
Fresh weakness broke today below rising daily Ichimoku cloud base and came ticks away from key near-term support at 1.3637, 04 Feb low.
Daily close below cracked Ichimoku cloud base is needed to confirm break and extend the bear-leg from 1.4014, 11 Feb lower top.
Sustained break below 1.3637 pivot, will open 1.3595, daily 100SMA and 1.3539, Fibonacci 61.8% of larger 1.2829/1.4688 rally, in extension.
However, consolidation above 1.3637 pivot cannot be ruled out, as near-term studies are oversold, with daily Tenkan-sen at 1.3830, expected to ideally cap upticks.
Broken daily cloud base now acts as immediate resistance at 1.3710.
Crude oil remains the main driver of the USDCAD pair.
Res: 1.3710; 1.3750; 1.3810; 1.3830
Sup : 1.3651; 1.3637; 1.3595; 1.3539


usdcad_20160218114644.png






AUDUSD


Aussie returned to full bullish mode after yesterday’s dips were contained by daily 20SMA at 0.7080, with subsequent sharp acceleration higher that closed above thin daily Ichimoku cloud and left long-tailed long daily bullish candle.
Strong bullish signal was generated for further upside attempts and full retracement of 0.7241/0.6972 downleg, as yesterday’s rally peaked above 76.4% of 0.7241/0.6972 pullback. Break above 0.7241 barrier is required to signal resumption of the second bull leg of correction from 0.6825 low and expose 200SMA at 0.7291.
Today’s corrective dips were contained by thin daily cloud base at 0.7129, keeping near-term bulls fully in play.
Daily 10SMA at 0.7111 marks pivotal support and extension below here would soften near-term tone and delay attack at 0.7241 target.

Res: 0.7185; 0.7212; 0.7241; 0.7291
Sup: 0.7146; 0.7129; 0.7111; 0.7080


audusd_20160218114617.png
 

WindsorBrokers

Par 100 posts (V.I.P)
Short Term Technical Analysis for Majors (11:00 GMT)

EURUSD
The Euro returned above 1.10 handle, after yesterday’s extended dip to 1.0955, where daily 100SMA contained dip. Yesterday’s trading was shaped in long-legged Doji, which signals indecision, as the second attempt to close below 1.10 handle failed.
Near-term technicals are mixed and suggest further consolidation, with strong resistance at 1.1046 (200SMA), which capped past two-day action, staying intact for now.
Consolidation should be ideally limited by 200SMA, to maintain downtrend from 1.1374, 11 Feb high, which is defined by series of nine consecutive lower highs and lower daily lows.
However, daily Slow Stochastic is reversing from oversold territory and gives bullish signal, which may result in extended correction above 1.1047.
Upside extension should be allowed to 1.1110 (daily 10/20SMA’s bear-cross / near Fibo 38.2% of 1.1374/1.0955 descend), before bears re-assert.
Early upside rejection, however, will signal fresh weakness towards initial target at 1.0955 and daily Ichimoku cloud top at 1.0870.
Fundamentals also give negative tone to the single currency, as Eurozone economy remains weak, with expectations of ECB’s repeated dovish stance, now being boosted by Brexit fears.
All these factors keep short-term focus at the downside, with fresh leg lower expected to commence after current consolidation phase.
Alternative scenario requires firm break above 1.1110 barrier, to sideline immediate downside threats and signal reversal.


Res: 1.1032; 1.1047; 1.1075; 1.1110
Sup: 1.1000; 1.0988; 1.0955; 1.0870



eurusd_20160225093221.png







GBPUSD

Cable trades in a narrow consolidation above fresh seven-year low at 1.3876, posted yesterday on strong three-day fall from 1.4302, 22 Feb weekly high. The pair came under strong pressure on increased Brexit fears and took out significant supports at 1.4078, 21 Jan former low and 1.4000, psychological support, which now acts as strong resistance.
Strong bears so far ignore overextended conditions of daily studies, however, a pause in sharp fall of past three days, could be anticipated, when oversold daily Slow Stochastic reverses higher and generates bullish signal.
Session high at 1.3961 offers initial resistance, followed by psychological 1.40 barrier and 1.4078 (former low and Fibonacci 38.2% of 1.4385/1.3877 downleg), below which corrective actions should be capped.
Overall bears keep focus at next targets at 1.3720, Fibonacci 161.8% projection of descend from 1.5928, 2015 peak and 1.3680, June 2001 low, with extension to key longer term support at 1.3501, low of January 2009 and bottom of sharp Nov 2007 / Jan 2009 2.1161/1.3501 fall.

Res: 1.3961; 1.4000; 1.4078; 1.4150
Sup: 1.3876; 1.3800; 1.3720; 1.3680

gbpusd_20160225093158.png






USDCAD

The pair fell sharply yesterday, following fresh rally in oil prices, which turned near-term focus lower again. Recovery attempts were capped by descending daily 20SMA at 1.3857 that kept intact pivotal daily Ichimoku cloud barrier at 1.3870.
Yesterday’s close in red, with long upper shadow of daily candle, gives strong bearish signal, as fresh weakness pressures again near-term congestion low at 1.3660 and keeps key support, 1.3640 zone base under pressure.
Bearish setup of daily 10, 20 and 30 SMA’s, maintains bearish stance and limits short-term consolidation phase.
However, prolonged directionless trading could be expected while strong support at 1.3640 base holds. Break here is needed to commence fresh leg lower, an extension of larger downtrend from 1.4688 (peak of 20 Jan.
At the upside, falling daily 10SMA offers initial resistance at 1.3759, followed by 20SMA at 1.3832 and breakpoint at 1.3870 (daily Ichimoku cloud base, penetration of which will signal reversal and confirm base at 1.3640 zone.
Res: 1.3733; 1.3759; 1.3832; 1.3857
Sup : 1.3651; 1.3637; 1.3600; 1.3539
usdcad_20160225093129.png





AUDUSD

The Aussie dollar remains soft in the near-term and holds below 0.72 handle, following yesterday’s close in red, but with long-tailed daily candle, which suggested strong bids at significant 0.7148 support (Fibo 38.2% of 0.6972/0.7257 upleg), where yesterday’s dip was contained.
Rising daily 10SMA at 0.7161, which underpins larger ascend, is under pressure again and break here and below 0.7148 support, is needed to trigger further easing, signaled by south-heading, reversed daily Slow Stochastic.
Plethora of good supports between 0.7161 and 0.7115, however, suggests limited corrective action off 0.7257 high.
Early reversal and sustained break above 0.7200 barrier is needed to shift focus higher and signal resumption of larger uptrend, on break above 0.7257 peak and 0.7270 (200SMA).
Conversely, expect deeper correction on break below 0.7114 (50% of 0.6972/0.7257, reinforced by 55SMA).


Res: 0.7209; 0.7257; 0.7270; 0.7325
Sup: 0.7148; 0.7131; 0.7114; 0.7081


audusd_20160225093104.png
 

WindsorBrokers

Par 100 posts (V.I.P)
Short Term Technical Analysis for Majors (10:00 GMT)

EURUSD
The Euro remains within narrow consolidation range, holding around daily cloud top at 1.0865, where it closed for the past two days.
Double–Doji confirms strong indecision, as larger descend was temporarily stopped by daily Ichimoku cloud, spanned between 1.0788 and 1.0865.
However, daily structure remains firmly bearish and favors further downside, which requires break through daily cloud base, to resume bears towards key short-term support at 1.0709.
Near-term technicals are generally neutral, with range top at 1.09 zone, reinforced by hourly Ichimoku cloud top, marking the first breakpoint, above which to attract daily MA’s resistances at 1.0932 (100SMA) and 1.0960 (10/55SMA’s bear-cross), where extended rallies should find solid resistance.


Res: 1.0900; 1.0932; 1.0965; 1.1000
Sup: 1.0851; 1.0823; 1.0808; 1.0788


eurusd_20160303093703.png





GBPUSD

Cable closed in long daily bullish candle yesterday, on extension of recovery rally from fresh low at 1.3834, which closed above initial barrier of daily 10SMA and cracked 1.4078/1.4100 barriers (former low / psychological resistance) on today’s extension to 1.4105, session high.
The pair may extend recovery towards 1.4151 (Fibonacci 38.2% of 1.4665/1.3834 descend), where correction should be ideally capped, as daily Slow Stochastic is entering oversold zone.
Fresh weakness to face initial support at 1.4029 (daily 10SMA), loss of which to weaken near-term structure and open yesterday’s low at 1.3912 and key near-term support at 1.3834.
Alternative scenario requires sustained break above 1.4151 barrier, to signal extended correction and focus daily 20SMA barrier, currently at 1.4225.

Res: 1.4105; 1.4151; 1.4225; 1.4250
Sup: 1.4029; 1.4000; 1.3912; 1.3834

gbpusd_20160303093642.png







USDCAD

The pair entered narrow near-term consolidation, above fresh low at 1.3383, which left Gravestone Doji yesterday. Prolonged consolidation, with stronger upticks could be expected before larger descend resumes, as crude oil, the pair’s main driver, is consolidating after key barrier was cracked.
Near-term price action was so far capped by the base of hourly Ichimoku cloud, spanned between 1.3446 and 1.3485. Lift above hourly cloud will expose falling daily 10SMA, currently at 1.3579, which is expected to ideally cap and guard daily 20SMA pivot at 1.3714.

Res: 1.3446; 1.3485; 1.3579; 1.3637
Sup : 1.3402; 1.3383; 1.3303; 1.3272
usdcad_20160303093543.png




AUDUSD

Aussie surged above 0.73 barrier, on today’s fresh extension of yesterday’s strong rally that ended day in long bullish candle that marked strongest daily gain in one month and closed above strong barrier at 0.7257 (former congestion top / 200SMA).
Firm bullish setup of daily MA’s supports further upside, as the way is open towards next key barrier at 0.7380/83, former double-top of 12 Oct / 04 Dec 2015, reinforced by weekly Ichimoku cloud base.
Broken 200SMA offers initial support at 0.7257 and should ideally contain, while extended dips may look for 0.7200 (rising daily 10SMA).


Res: 0.7325; 0.7383; 0.7435; 0.7495
Sup: 0.7279; 0.7257; 0.7200; 0.7157

audusd_20160303093422.png
 

WindsorBrokers

Par 100 posts (V.I.P)
Short Term Technical Analysis for Majors (11:30 GMT)

EURUSD
The Euro traded within 140-pips wide range on Friday, after US jobs data were released, on sharp U-turn from 1.09 low to 1.1041 (daily high), where strong 200SMA barrier capped upside attempts. Bullish daily and weekly close on Friday was a signal of bullish resumption, however, the upside attempts were capped and daily studies remain bearishly aligned.
This keeps in play risk of lower top formation and fresh leg lower, while correction off 1.0823 (last week’s low) remains capped under pivotal barrier at 1.1044/65 (200SMA / 26 Feb lower top, reinforced by descending 20SMA).
Overnight’s trading was entrenched within narrow range, while early European action showed fresh weakness and cracked initial support at 1.0951, (daily 10SMA), which marks the first downside trigger.
Next important support lies at 1.0900 (Friday’s low / near Fibo 61.8% of two-day recovery rally from 1.0823) and break here is needed to confirm reversal and re-expose key near-term supports at 1.0860/23 (daily Ichimoku cloud top / 02 Mar low of the downleg from 1.1374).


Res: 1.1000; 1.1044; 1.1065; 1.1100
Sup: 1.0942; 1.0900; 1.0860; 1.0823

eurusd_20160307095050.png






GBPUSD

Cable ended past week in long bullish candle, as uninterrupted recovery rally from 1.3834 (29 Feb low), peaked at1.4246, just ahead of daily 30SMA at 1.4273 and closed above important Fibo 38.2% of 1.4665/1.3834 downleg at 1.4151.
Corrective easing is under way and probes below 1.4151, with further downside seen likely, as overbought daily Slow Stochastic is turning lower and generating bearish signal, as the pair returned below cracked daily 20SMA at 1.4203.
Next support lies at 1.4088 (Fibo 38.2% of 1.3834/1.4246 upleg), followed by daily 10SMA at 1.4024, above which extended correction should be contained, to keep near-term bulls in play for renewed attempts high.
On the other side, daily studies are still bearish and see risk of lower top formation and fresh bearish acceleration towards key 1.3834, confirmation of which requires sustained break below 1.40 zone (psychological support / near Fibo 61.8% of 1.3834/1.4246 recovery).

Res: 1.4213; 1.4246; 1.4273; 1.4347
Sup: 1.4088; 1.4040; 1.4024; 1.3991


gbpusd_20160307095021.png






USDCAD

The pair hit fresh three-month low at 1.3314, following Friday’s close in red and the seventh consecutive weekly bearish close, on a cycle from 1.4688 (20 Jan peak).
Bearish acceleration comes ticks away from important 200SMA support, which lies at 1.3281 and break lower is needed generate another bearish signal.
Strong recovery signals of Crude oil price, boost Loonie for further strength and deeper correction of pair’s multi-year rally from 0.9405 to 1.4688.
Sustained break below 200SMA will open psychological 1.30 support and Fibo 61.8% of 1.1917/1.4688 rally, which lies just below, at 1.2976.
Oversold conditions of daily studies remain ignored for now, however, hesitation at 200SMA support, cannot be ruled out.
Falling daily 10SMA offers initial resistance at 1.3495, followed by daily 20/100SMA’s bear-cross formation at 1.3653, also Fibo 61.8% of 1.3856/1.3314 downleg.


Res: 1.3400; 1.3495; 1.3521; 1.3653
Sup : 1.3314; 1.3281; 1.3000; 1.2976

usdcad_20160307094949.png





AUDUSD

The pair consolidates under fresh high at 0.7441, posted on Friday, on five-day rally from 0.7106 trough.
Friday’s close above key short-term barrier at 0.7383 (Oct-Nov 2015 highs) and tops of multi-month congestion, generated bullish signal for possible stronger correction of larger downtrend, as the pair also closed above Fibo 38.2% of 0.8161/0.6825 downleg.
Daily studies maintain firm bullish tone and so far show no significant reaction on overbought conditions.
Extended wave C, which commenced from 0.6972 trough, could travel to 0.7551, its 138.2% Fibonacci expansion.
On the downside, broken FE 100% at 0.7391 (near former range tops), marks immediate support and holds for now, followed by broken weekly Ichimoku cloud base at 0.7360, another good support.
Formation of 10/200SMA’s Golden Cross at 0.7254, underpins the action.

Res: 0.7441; 0.7493; 0.7551; 0.7650
Sup: 0.7391; 0.7360; 0.7325; 0.7254



audusd_20160307094917.png
 

WindsorBrokers

Par 100 posts (V.I.P)
Short Term Technical Analysis for Majors (10:00 GMT)

EURUSD
The Euro failed to break above strong 200SMA barrier, which was cracked on a brief extension to 1.1056 (yesterday’s high).
Quick reversal and daily close below psychological 1.10 support, left Doji candle with long upper shadow, which signaled hesitation and building selling interest.
The notion was confirmed by fresh acceleration lower that broke below hourly cloud (spanned between 1.1000 and 1.0970), threatens pivotal supports at 1.0950/46 (daily 10SMA / daily Ichimoku cloud top), violation of which will confirm reversal and expose next targets at 1.0912/01 (Fibo 61.8% of 1.0823/1.1056 upleg / last Friday’s low.
Daily Slow Stochastic has reversed from overbought zone and shows a plenty of room at the downside. Also, Death Cross pattern, formed on a cross of 20SMA over 200SMA, generated additional pressure.


Res: 1.0988; 1.1000; 1.1020; 1.1056
Sup: 1.0946; 1.0912; 1.0901; 1.0851

eurusd_20160309093252.png






GBPUSD

Double rejection at daily 30SMA confirms strong resistance at 1.4280 zone and possible stronger acceleration lower. Daily Slow Stochastic is reversing in oversold territory and signals further downside, as the pair attacks daily 20SMA support at 1.4180 and hourly Ichimoku cloud base caps at 1.42, for now.
Break below 20SMA would open Fibo 38.2% of 1.3834/1.4281 upleg at 1.4110, loss of which is needed to confirm reversal and expose psychological 1.4000 support, also Fibo 61.8% retracement.
Meantime, extended consolidation between 20 and 30SMA’s cannot be ruled out, before stronger correction starts.
Conversely, sustained break above 30SMA, will signal fresh leg higher of recovery rally from 1.3834 (29 Feb low).

Res: 1.4200; 1.4240; 1.4281; 1.4303
Sup: 1.4175; 1.4110; 1.4057; 1.4000


gbpusd_20160309093228.png





USDCAD

The pair made strong bullish close yesterday, ending day above 1.34 handle and showing strong hesitation at pivotal 200SMA support at 1.3290, which was cracked on past two-day unsuccessful attempts lower.
Falling daily 10SMA, currently at 1.3420, still acts as good barrier, despite being cracked today on brief extension to 1.3440. However, further recovery cannot be ruled out, as daily Slow Stochastic is ascending after reversal from oversold zone and shows more room at the upside. Fibonacci 38.2% retracement of 1.3857/1.3258 downleg, marks next strong resistance at 1.3487, which is expected to limit attempts above 10SMA.
Overall structure remains bearish and sees scope for renewed attack at 200SMA, below which to trigger fresh extension of bear-leg from 1.4688 (20 Jan high), towards psychological 1.3000 support.
On the upside, falling daily 20SMA at 1.3601, marks the breakpoint.

Res: 1.3420; 1.3487; 1.3558; 1.3601
Sup : 1.3364; 1.3325; 1.3290; 1.3258

usdcad_20160309093200.png




AUDUSD

Aussie bounces from session low at 0.7410, where two-day consolidation found support and is forming hourly double-bottom. Fresh recovery rally retraced over 61.8% of 0.7482/0.7408 easing, shifting near-term focus higher, as hourly studies are gaining bullish momentum. Lift above 0.7468, yesterday’s highs, is needed open way for attack at key 0.7482 barrier and resumption of larger recovery rally from 0.6825 (15 Jan low), towards next target at 0.7530, former low of 29 Mar 2015.
Strong bullish setup of daily studies favors further upside and so far ignores overbought conditions.
Alternative scenario requires reversal below near-term consolidation floor at 0.7408, to weaken near-term structure.

Res: 0.7482; 0.7493; 0.7530; 0.7650
Sup: 0.7454; 0.7436; 0.7408; 0.7391




audusd_20160309093135.png
 

WindsorBrokers

Par 100 posts (V.I.P)
Short Term Technical Analysis for Majors (11:15 GMT)

EURUSD
The pair holds positive near-term tone on two-day recovery from 1.1232 low, which came ticks away from pivotal 1.1348 barrier (daily Tenkan-sen line / 50% retracement of 1.1463/1.1232 downleg).
Overall bullish structure favors further upside, as reversed daily Slow Stochastic shows more room for bullish extension.
Sustained break above Tenkan-sen barrier to open 1.1375 (Fibo 61.8%) and psychological 1.1400 barrier. Daily close above 1.1375 is needed to shift focus towards key 1.1463 barrier (12 Apr fresh multi-month high).
Session low at 1.1300, marks initial support, with extended dips expected to find footstep above 1.1260 (daily Kijun-sen line.

Res: 1.1320; 1.1348; 1.1375; 1.1409
Sup: 1.1300; 1.1260; 1.1232; 1.1200
eurusd_20160419094902.png




GBPUSD

Cable hit strong barrier at 1.4338 (daily Ichimoku cloud top), on today’s extension of two-day recovery from 1.4130 higher base.
Yesterday’s close in long bullish daily candle and above daily Kijun-sen line (1.4258), generated strong bullish signal for further recovery.
The pair met the first of two pivotal barriers at 1.4338/1.4345 (daily cloud top / 12 Apr high), with close above these barriers, required to bring short-term bulls fully in play and spark further recovery of larger 1.4512/1.4004 descend.
Broken daily Kijun-sen line at 1.4258, also Fibo 38.2% of 1.4130/1.4336 upleg, offers solid support, which is expected to ideally contain dips, while return below daily cloud base at 1.4219, will shift near-term bias lower.
Res: 1.4338; 1.4345; 1.4392; 1.4457
Sup: 1.4282; 1.4258; 1.4219; 1.4163

gbpusd_20160419094928.png



USDJPY

The pair trades in extended recovery from yesterday’s low at 107.82, as today’s fresh gains establish above 109 handle.
Near-term studies are in mixed setup, as hourlies hold in full bullish mode, while 4-hour technicals are neutral.
Bigger picture shows negative structure, with price action consolidating within 107.60/109.71 range and fresh recovery rallies, bringing the price in the upper side of near-term range.
Prolonged consolidation ahead of fresh weakness, is seen as favored near-term scenario, while sustained break above psychological 110.00 barrier, also Fibo 38.2% of 113.79/107.61 downleg, is required to signal formation of near-term base and stronger recovery.

Res: 109.71; 110.00; 110.65; 111.00
Sup: 108.73; 108.38; 107.82; 107.60

usdjpy_20160419095004.png



AUDUSD
Yesterday’s bullish Outside Day, generated strong positive signal for today’s fresh upside extension that peaked at 0.7800, posting fresh 10-month high, just ahead of near-term target at 0.7810 (FE 200% of extended wave C from 0.6972).
Firm bullish setup of daily studies favors further upside action, which now eyes 0.7900 (weekly Ichimoku cloud top), on extension above 0.7810 hurdle.
Meantime, correction on overbought near-term studies is under way and expected to find ideal support above 0.7735 (former top / Fibo 38.2% of 0.7629/0.7800 upleg).
Caution on overbought daily Slow Stochastic and Bearish Divergence on Momentum / MACD, which may trigger stronger correction on extension below 0.7682 (Fibo 38.2% of larger 0.7490/0.7800 upleg).

Res: 0.7800; 0.7810; 0.7864; 0.7900
Sup: 0.7735; 0.7720; 0.7682; 0.7608

audusd_20160419095033.png
 

farhanepic

New member
ADI Finechem Limited has said that the net profit for ADI Finechem Limited rose by 64 per cent to Rs. 4.99 crore in the fourth quarter of FY 2015-16 as compared to the Rs. 3.03 crore in the fourth quarter of FY 2014-15. The net consolidated revenue increased by 12 per cent to Rs. 41.42 crores in Q4 as compared to 39.40 crores in the same quarter last year.
 

WindsorBrokers

Par 100 posts (V.I.P)
Short Term Technical Analysis for Majors (09:30 GMT)

EURUSD
Reversal signal was generated on daily chart, following yesterday’s rally that left long bullish daily candle and peaked at 1.1445. Rally confirmed strong support at 1.1367 zone (Fibo 61.8% of 1.1213/1.1614 rally), which contained pullback off 1.1614 peak, for now.
Easing from 1.1445 is so far seen as corrective and should ideally stay above 1.1400 zone (psychological support / daily 30SMA), to keep fresh near-term bulls in play, for renewed attempts higher. Lift above initial barrier at 1.1445 will open next strong resistances at 1.1486 (50% retracement of 1.1614/1.1357 pullback, reinforced by daily Tenkan-sen line) and 1.1515 (Fibo 61.8% of 1.1614/1.1357 / weekly Ichimoku cloud top), break of which will confirm reversal.
Conversely, daily close below 1.1367 (Fibo 61.8% of 1.1213/1.1614 rally), will bring bears back to play and expose 1.1308 support (Fibo 76.4% retracement).

Res: 1.1427; 1.1445; 1.1486; 1.1515
Sup: 1.1396; 1.1378; 1.1357; 1.1308
eurusd_20160512085841.png




GBPUSD

Cable left long-legged Doji candle yesterday, signaling hesitation to break above near-term congestion, despite posting fresh marginally higher high at 1.4486 on nearly 100-pips amplitude of yesterday’s trading.
Subsequent pullback that confirmed extended near-term directionless mode, keeps downside vulnerable and risk of possible renewed attack at key supports at 1.4373 (09 May correction low, reinforced by daily 30SMA) and 1.4320 (broken daily inverse H&S pattern neckline).
Daily technicals are mixed and see no clear direction while the price holds within 1.4373/1.4486 range.
Focus is on today’s BOE data, which are expected to influence pair’s near-term action. More dovish tone from BOE could put Cable under increased pressure, as loss of key 1.4373/20 supports, would open way towards key short-term support at 1.4004 (06 Apr low).
Alternative scenario requires clear break above 1.4486/91 barriers (congestion top / daily 10SMA), to signal recovery resumption towards 1.4524/70 (Fibo 38.2% / 50% of 1.4768/1.4373 downleg, respectively).

Res: 1.4453; 1.4486; 1.4524; 1.4570
Sup: 1.4393; 1.4373; 1.4320; 1.4296
gbpusd_20160512085906.png




USDJPY

The pair entered near-term congestion between 108.20 and 109.35, following repeated upside rejection at 108.35 hurdle (10/11 May highs). However, yesterday’s 100-pips fall, which left long red daily candle, so far did impact near-term bulls. Renewed attempts higher pressure initial barrier at 109.00 and show scope for fresh attack at 109.35 pivot (which lies just ahead of Fibo 61.8% of 111.87/105.53 downleg). Break here will expose psychological 110.00 barrier and 110.37 (Fibo 76.4%), in extension.
Conversely, weakness below congestion bottom at 108.20, will risk extension to 107.45 (daily tankan-sen) and signal lower top formation.
Setup of daily technicals is mixed and requires break out of near-term congestion, to signal fresh direction.

Res: 109.35; 110.00; 110.37; 110.88
Sup: 108.50; 108.20; 107.90; 107.60

usdjpy_20160512085927.png



AUDUSD
The pair returned to the lower side of near-term consolidation range and retested daily Ichimoku cloud base at 0.7320, which so far contained downleg from 0.7833 peak, following stall of recovery rally extension at 0.7400 yesterday. This signals extended consolidation as likely scenario, with risk remaining at the downside, on weak near-term technicals.
Daily chart studies maintain strong bearish tone (bearish setup of 10;20;30 SMA’s and indicators deeply in the negative territory). Reversal of daily Slow Stochastic from oversold zone, so far did show stronger impact on bears, keeping upside attempts limited for now.
Yesterday’s high at 0.7400 marks initial resistance, followed by 0.7424 (Fibo 23.6% of 0.7833/0.7298 downleg) and 0.7441 (falling daily 10SMA), which mark initial pivots.
However, regain of minimum 0.7500 (Fibo 38.2% of 0.7833/0.7298 downleg), is needed to signal stronger upside action.
Key supports lay at 0.7320/0.7298, loss of which could trigger bearish acceleration towards0.7259 (200SMA) and 0.7211 (Fibo 61.8% of broader 0.6826/0.7833 ascend).

Res: 0.7377; 0.7400; 0.7441; 0.7500
Sup: 0.7320; 0.7298; 0.7259; 0.7211
audusd_20160512090008.png
 

WindsorBrokers

Par 100 posts (V.I.P)
Short Term Technical Analysis for Majors (10:00 GMT)

EURUSD
Strong bearish signal was generated by yesterday’s long red daily candle. Weakness cracked daily Ichimoku cloud base at 1.1142 and hit fresh low at 1.1131. Near-term action is in narrow consolidation mode under initial barrier at 1.1162 (daily 100SMA).
Focus is at 1.1123 (Fibo 61.8% of 1.0820/1.1614 rally) and 1.1101 (sideways –moving 200SMA).
Close below daily cloud base is needed to confirm strong bearish stance.
Above 100SMA, next barrier lies at 1.1178 (former low / falling 5SMA), followed by top of previous consolidation at 1.1241, reinforced by descending 10SMA, which marks upside breakpoint.


Res: 1.1162; 1.1178; 1.1241; 1.1281
Sup: 1.1131; 1.1123; 1.1101; 1.1056
eurusd_20160525093325.png





GBPUSD

Cable probes above former high of 19 May at 1.4660, after yesterday’s strong bullish acceleration fully retraced 1.4660/1.4440 pullback.
Strong bullish sentiment is in play and looks for sustained break above 1.4660, to retest key short-term barrier and recovery peak of 03 May at 1.4768, reinforced by descending 200SMA at 1.4781
Daily technicals maintain strong bullish setup and support the notion.
Session low at 1.4599 marks initial support, ahead of rising 5SMA at 1.4572. Bullish cross of 10/20SMA is forming at 1.4512 and underpinning bullish action.

Res: 1.4691; 1.4768; 1.4781; 1.4800
Sup: 1.4599; 1.4572; 1.4512; 1.4464

gbpusd_20160525093347.png






USDJPY

The pair fully reversed Monday’s strong fall that bottomed at 109.09, on yesterday’s bullish acceleration which extends today. Fresh strength penetrated again daily cloud base, which now acts as initial support at 109.80. Close above cloud base will confirm renewed bulls for retest of 110.57 (last Friday’s high) and signal resumption of recovery leg from 105.53 (low of 03 May).
Rising daily Tenkan-sen at 109.51 is expected to contain corrective dips.

Res: 110.37; 110.57; 111.00; 111.87
Sup: 108.80; 109.51; 109.09; 108.64

usdjpy_20160525093410.png




AUDUSD
Aussie closed in red yesterday after triple-Doji, signaling resumption of larger downtrend from 0.7833. The pair posted fresh nearly three-month low at 0.7143, however, long tail of yesterday’s candle signal hesitation.
Extended consolidation is expected to precede fresh bearish action towards targets at 0.7106/63 (29 Feb higher low / Fibo 76.4% retracement of 0.6826/0.7833 ascend).
Yesterday’s high at 0.7226 marks good resistance, with extended upticks to stay below 10/200SMA’s Death Cross that formed at 0.7253 and generated strong bearish signal.

Res: 0.7226; 0.7253; 0.7298; 0.7364;
Sup: 0.7171; 0.7143; 0.7106; 0.7063
audusd_20160525093438.png
 

farhanepic

New member
Copper on MCX settled down -0.57% at 312.50 while traded in the range as trading volumes were light with U.S. markets closed Monday for Memorial Day while the U.K. is also shuttered for a public holiday.
 
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