USD/JPY - Trading Week 08 (18.02 - 22.02) - 2013

Background

TREND - UP

RESUME & VIEW - THE PAIR FOUND SUPPORT NEAR 92.00. THAT SUPPORT BECOMES IMPORTANT FOR THE UPTREND DEVELOPED TO CONTINUE THE WAY UP. THE KEY LEVEL THIS WEEK IS 95 DOUBLE TOP TECHNICAL RESISTANCE FROM YEAR 2010.

 

RESISTANCES:

Minor - 

Moderate - 95.00 | 98.00 | 99.00 | 100.00

Strong - 101.50

 

PIVOT POINT - 93.35

 

SUPPORTS:

Minor - 92.00 | 90.00 | 87.00

Moderate - 88.00

Strong -  

 

Situation Chart:

Dow Jones Industrial Average (YM Fut. Continuous Chart) - Trading Week 07 (11.02 - 15.02) - 2013

Background

TREND - UP

RESUME & VIEW - STILL MOVING UP, BUT SLOWED A BIT AROUND 14000 PSYCHOLOGICAL RESISTANCE. THERE IS THE HYSTORICAL TOP RESISTANCE AT 14250. IT NEED TO EMERGE ABOVE BOTH RESISTANCE WITH MOMENTUM TO CONTINUE THE EASY BUYING.

 

RESISTANCES:

Minor - 14500

Moderate - 14000 

Strong - 14250

 

PIVOT POINT - 13885

 

SUPPORTS:

Minor - 13650

Moderate - 13800 | 13385

Strong -  

 

Situation Chart:

DAX Germany - Trading Week 07 (11.02 - 15.02) - 2013

Background

TREND - UP TO NEUTRAL

RESUME & VIEW - STARTED THE PREVIOUS WEEK WITH BUYERS DISCHARGING FROM AROUND THE PSYCHOLOGICAL 8000 LEVEL, BUT FOUND SUPPORT SLIGHTLY ABOVE THE 7500 ONE. FOR THE CURRENTLY DEVELOPED UPTREND 7500 IS VERY IMPORTANT NOW. IF IT DEEP AND CLOSE WELL BELOW THAT LEVEL THE TREND WILL BECOME NEUTRAL TO UP. RESISTANCE FOR RETURNING BACK TO PURE UPTREND IS 7670.

 

RESISTANCES:

Minor - 7670

Moderate - 7875 | 8000

Strong - 8150

 

PIVOT POINT - 7690

 

SUPPORTS:

Minor -  7535 | 7265

Moderate - 7500

Strong -  7000

 

Situation Chart:

SPDR S&P Homebuilders ETF - Trading Week 07 (11.02 - 15.02) - 2013

Background

TREND - UP

RESUME & VIEW - IT HAVE BOUNCED FROM 28.00, BUT NOT SO STRONG. SO IT IS STILL RETRACING. MORE SUPPORT IS SEEN AT 27.20 AND AROUND 25.50 SLIGHTLY BELOW THE UPTRENDLINE PROJECTION. 

 

RESISTANCES:

Minor - 28.75

Moderate - 29.30 | 30.00

Strong - 

 

PIVOT POINT - 28.40

 

SUPPORTS:

Minor - 28.00 | 26.00

Moderate - 27.20 | 25.50

Strong - 

 

Situation Chart:

10-Year Treasury Note (ZN Fut. Continuous chart) - Trading Week 07 (11.02 - 15.02) - 2013

Background

TREND - NEUTRAL TO DOWN 

RESUME & VIEW - BOUNCED FROM 131 SUPPORT AGAIN. IT NEEDS A CLOSE BELOW TO BE ABLE TO OPEN THE WAY FOR A TEST OF 127 STRONG SUPPORT. FIRST RESISTANCE IS 132.15. RETURNING ABOVE THAT RESISTANCE WILL BRING BACK PURE NEUTRALITY AGAIN.

 

RESISTANCES:

Minor -  

Moderate - 132.15 | 133.00

Strong - 135.00

 

PIVOT POINT - 131.10

 

SUPPORTS:

Minor - 130.00

Moderate - 131.00 | 128.25

Strong - 127.00

 

Situation Chart:

EuroBund - Trading Week 07 (11.02 - 15.02) - 2013

Background

TREND - NEUTRAL

RESUME & VIEW - FAILED TO DEEP WELL BELOW 142 SUPPORT ZONE ONE MORE TIME, BUT BOUNCED RETURNING TO NEUTRALITY. THERE IS A CHANCE THAT BOUNCE FROM 141.30 LEVEL TO BE THE RIGHT SHOULDER BOTTOM FROM THE PROJECTED INVERTED H&S PATTENT SEEN ON THE CHART. MUST OVERCOME 144 RESISTANCE TO COLLECT MORE BUYERS CHALLENGING THE TOP RESISTANCE AT 147.

 

RESISTANCES:

Minor - 

Moderate - 144.00 | 146.00

Strong - 147.00

 

PIVOT POINT - 142.30

 

SUPPORTS:

Minor - 142.10

Moderate - 141.30 | 139.50 | 138.38

Strong -  

 

Situation Chart:

Reuters/Jefferies CRB Index (Shares) - Trading Week 07 (11.02 - 15.02) - 2013

Background

TREND - NEUTRAL

RESUME & VIEW - IT FALL DOWN AFTER THE NEW HIGH MADE ABOVE 28.50 RESISTANCE. TO BE ABLE TO DEVELOP INVERTED H&S PATTERN AS SEEN FROM THE CHART IT WILL NEED TO MAKE NEW HIGHS ABOVE 28.85 CURRENT RESISTANCE AND TO NOT FALL BELOW 28.00 SUPPORT.

 

RESISTANCES:

Minor - 28.85

Moderate - 29.30 | 29.60 

Strong - 

 

PIVOT POINT - 28.55

 

SUPPORTS:

Minor - 

Moderate - 28.15 | 27.55 | 27.30

Strong -  

 

Situation Chart:

Light Sweet Crude Oil - Trading Week 07 (11.02 - 15.02) - 2013

Background

TREND - UP TO NEUTRAL

RESUME & VIEW - FOUND RESISTANCE SLIGHTLY BELOW 100 PSYCHOLOGICAL LEVEL. THE SUPPORT AT 95 IS CURRENTLY HOLDING THE OIL. IF IT FAIL, NEXT AND IMPORTANT FOR THE NEWLY DEVELOPING UPTREND SUPPORT IS AT 92.50. 

 

RESISTANCES:

Minor - 97.30

Moderate - 98.30 | 100.50

Strong - 

 

PIVOT POINT - 96.35

 

SUPPORTS:

Minor -  88.00

Moderate - 95.00 | 92.50 | 90.50

Strong -  

 

Situation Chart:

Copper (Commex continuous chart) - Trading Week 07 (11.02 - 15.02) - 2013

Background

TREND - NEUTRAL TO UP

RESUME & VIEW - STALLED AT THE TRIANGLE'S TRENDLINE. SUCCESSFULL BREAKOUT OF THE SUCH WILL START DEVELOPING FURTHER TREND UP. UNTILL THAT IT IS ABOUT TO CONTINUE MOVING INTO THE RANGE 350-380.

 

RESISTANCES:

Minor - 

Moderate - 378 | 382

Strong - 385 | 400

 

PIVOT POINT - 375

 

SUPPORTS:

Minor - 372 | 363

Moderate - 359 | 352

Strong -  

 

Situation Chart:

GOLD - Trading Week 07 (11.02 - 15.02) - 2013

Background

TREND - NEUTRAL

RESUME & VIEW - PASS ANOTHER WEEK MOVING IN TIDE RANGE. NEED TO ESCAPE 1635-1700 BORDERS TO BE ABLE TO FORM SOME MOVE IN TREND. 

 

RESISTANCES:

Minor - 1725

Moderate - 1685 | 1700 | 1755

Strong - 

 

PIVOT POINT - 1675

 

SUPPORTS:

Minor - 1650

Moderate - 1630 | 1585

Strong -  

 

Situation Chart:

U.S. Dollar Index - Trading Week 07 (11.02 - 15.02) - 2013

Background

TREND - NEUTRAL TO DOWN

RESUME & VIEW - BOUNCED STRONG FROM 79.00 IMPORTANT SUPPORT. IT IS CURRENTLY TESTING 80.30 FIRST RESISTANCE, NEXT ONE IS THE STRONG 81.00. ONLY ESCAPING ONE OF THE 78.50-81.50 BORDERS WILL DEVELOP A TREND, UNTILL THAT IT WILL REMAIN NEUTRAL.

 

RESISTANCES:

Minor - 82.00

Moderate - 80.30 | 81.60 | 83.00

Strong - 81.00

 

PIVOT POINT - 79.70

 

SUPPORTS:

Minor - 79.90

Moderate - 79.00 | 78.50

Strong -  78.00

 

Situation Chart:

NZD/USD - Trading Week 07 (11.02 - 15.02) - 2013

Background

TREND - NEUTRAL TO UP

RESUME & VIEW - PASS ANOTHER WEEK WITH NO LUCK TO BREAKOUT ABOVE 0.8500 STRONG RESISTANCE, BUT FALL FROM THERE. THERE IS TRENDLINE SEEN TO SUPPORT THE UPMOVES CURRENTLY LOCATED NEAR 0.8250 LEVEL. IF IT FALL BELOW THAT TRENDLINE THEN TEST OF THE STRONG 0.8050 SUPPORT IS COMMING. 

 

RESISTANCES:

Minor - 

Moderate -  0.8580

Strong - 0.8500

 

PIVOT POINT - 0.8390

 

SUPPORTS:

Minor - 0.8275 | 0.8110

Moderate - 0.8150

Strong -  0.8050

 

Situation Chart:

AUD/USD - Trading Week 07 (11.02 - 15.02) - 2013

Background

TREND - NEUTRAL

RESUME & VIEW - RETURNED TO NEUTRALITY AFTER ANOTHER UNSUCCESSFULL ATTEMPT TO EMERGE ABOVE 1.0600 STRONG RESISTANCE. 1.0150 IS SUPPORT. IT WILL CONTINUE MOVING INTO THE 1.0150-1.0600 BORDERS. 

 

RESISTANCES:

Minor - 1.0350

Moderate -  1.0480

Strong - 1.0600

 

PIVOT POINT - 1.0360

 

SUPPORTS:

Minor - 1.0235 | 1.0100

Moderate - 1.0290 | 1.0150 | 1.0000

Strong -  

 

Situation Chart:

USD/CAD - Trading Week 07 (11.02 - 15.02) - 2013

Background

TREND - NEUTRAL

RESUME & VIEW - THE PAIR CONTINUED MOVING SIDEWAYS NEAR PARITY(1.0000) LEVEL. IT MUST ESCAPE FROM 0.9800-1.0100 BORDERS TO BE ABLE TO FORM A TREND.

 

RESISTANCES:

Minor - 

Moderate -  1.0100 | 1.0230

Strong - 

 

PIVOT POINT - 0.9980

 

SUPPORTS:

Minor - 0.9930 | 0.9900

Moderate - 0.9820

Strong -  

 

Situation Chart:

USD/CHF - Trading Week 07 (11.02 - 15.02) - 2013

Background

TREND - NEUTRAL TO DOWN

RESUME & VIEW - BOUNCED ONE MORE TIME FROM 0.9000 PSYCHOLOGICAL SUPPORT. COULD GO FOR TEST OF 0.9400 RESISTANCE. 0.8900 REMAINS IMPORTANT SUPPORT(IF BELOW THE PAIR WILL START DEVELOPING DOWNTREND).

 

RESISTANCES:

Minor - 0.9200

Moderate - 0.9400 | 0.9500

Strong - 

 

PIVOT POINT - 0.9125

 

SUPPORTS:

Minor - 

Moderate - 0.9000

Strong - 0.8900

 

Situation Chart:

EUR/USD - Trading Week 07 (11.02 - 15.02) - 2013

Background

TREND - UP TO NEUTRAL

RESUME & VIEW - STARTED TO FALL SHARPLY AFTER TOUCHING 1.3700 LEVEL, EVEN DEEPENED BELOW THE FIRST SUPPORT AT 1.3400. THERE IS MODERATE SUPPORT AROUND 1.3300 LEVEL. IT PROBABLY WILL BOUNCE FROM AROUND THERE.  

 

RESISTANCES:

Minor - 1.3600 | 1.3870

Moderate - 1.3700 | 1.4000

Strong - 

 

PIVOT POINT - 1.3480

 

SUPPORTS:

Minor - 1.3230

Moderate - 1.3260 | 1.3000

Strong -  

 

Situation Chart:

GBP/USD - Trading Week 07 (11.02 - 15.02) - 2013

Background

TREND - NEUTRAL TO DOWN

RESUME & VIEW - THE PAIR BOUNCED FROM THE MINOR SUPPORT AT 1.5630  CURRENTLY TRADING NEAR 1.5800 LEVEL. 1.5300 STRONG SUPPORT IS STILL A TARGET WITH 1.5900 LEVEL RESISTANCE FOR IT.

 

RESISTANCES:

Minor - 

Moderate - 1.5900 | 1.6000 | 1.6180

Strong - 

 

PIVOT POINT - 1.5730

 

SUPPORTS:

Minor - 1.5570 | 1.5450

Moderate - 1.5630 | 1.5500 | 1.5400

Strong -  1.5300

 

Situation Chart:

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