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DAILY FOREX MARKET ANALYSIS
SELECTED CURRENCY PAIRS
AUGUST 25,
2014______________________________________________________________
I. CURRENCY ANALYSIS
WIDE-VIEW ANALYSIS
IMMEDIATE-VIEW ANALYSIS
BRIEF DESCRIPTION
II. POSSIBLE TRADES NEXT FEW DAYS
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TODAYS PAIRS
AUD NZD
CAD CHF
EURO NZD
EURO JPY
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I. CURRENCY ANALYSIS
AUD NZD
WIDER VIEW
DAILY CHART
In a Pennant above the major Inner Downtrend Line;
IMMEDIATE VIEW
DAILY CHART
Has broken the Range setup at the Resistance of the Pennant;
First Target would be the Breakout Equivalent (B.E.) of the
Range;
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CAD CHF
WIDER VIEW
DAILY CHART
0,8000
0,8500
0,9000
0,9500
1,0000
24/02/2012 19/09 14/01/2013 07/05 28/08 19/12 15/04/2014 06/08
01/11
May Jul Sep Nov 2013 Mar May Jul Sep Nov 2014 Mar May Jul
Sep
FXCM Marketscope 2014
0,83342
In an Uptrend after breaking the major Inner Downtrend Line;
IMMEDIATE VIEW
DAILY CHART
0,7900
0,8000
0,8100
0,8200
0,8300
0,8400
0,8500
14/03/2014 23/04 16/05 10/06 03/07 28/07 20/08 08/09 25/09
Apr May Jun Jul Aug Sep Oct
FXCM Marketscope 2014
0,83328
Moving Sideways in a Range above Inner Uptrend Line;
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EURO NZD
WIDER VIEW
1,5500
1,6000
1,6500
1,7000
05/07/2013 19/11 23/01/2014 27/03 29/05 31/07 22/09 06/11
Aug Sep Oct Nov Dec 2014 Feb Mar Apr May Jun Jul Aug Sep Oct
Nov
FXCM Marketscope 2014
1,58388
Has pulled back to the Inner Downtrend Line;
IMMEDIATE VIEW
1,5500
1,5750
1,6000
13/06/2014 01/07 14/07 25/07 07/08 20/08 31/08 09/09 18/09
Jul Aug Sep
FXCM Marketscope 2014
1,58417
Forming a possible Range setup at the Inner Downtrend Line and
between the two Counter Trend Lines/Uptrend Lines.
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EURO JPY
WIDER VIEW
100,00
110,00
120,00
130,00
140,00
19/04/2012 02/10 06/02/2013 11/06 14/10 18/02/2014 23/06 08/10
05/01/2015
Jul Sep Nov 2013 Mar May Jul Sep Nov 2014 Mar May Jul Sep
Nov
FXCM Marketscope 2014
137,190
Moving sideways and is now at the Outer Uptrend Line;
IMMEDIATE VIEW
135,00
140,00
145,00
10/10/2013 09/01/2014 21/02 07/04 20/05 02/07 14/08 18/09
Nov Dec 2014 Feb Mar Apr May Jun Jul Aug Sep Oct
FXCM Marketscope 2014
137,187
Possibly forming a large Pennant
Would need to break Downtrend Line and rally to Resistance to
form the Support boundary and complete the Pennant;
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III. POSSIBLE TRADES NEXT FEW DAYS
PAIR SETUPS & SIGNALS
EUR JPY Break above Downtrend Line;NZD JPY Stronger Setup and
Bullish Signal;GBP AUD Stronger Bearish Breakout Candle;GBP CAD
Strong Bearish Breakout Candle;
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