Name: Arab Forex Advisors
Rating: 4

Daily Technical Analysis – 1 Dec, 2016

EUR/USD Intraday: key resistance at 1.0635.

Pivot: 1.0635 Our preference: short positions below 1.0635 with targets at 1.0585 & 1.0560 in extension. Alternative scenario: above 1.0635 look for further upside with 1.0660 & 1.0685 as targets. Comment: as long as 1.0635 is resistance, look for choppy price action with a bearish bias.



Green Lines Represent Resistances \| Red Lines Represent Support Levels \| Light Blue is a Pivot Point \| Black represents the price when the report was produced

GBP/USD Intraday: further advance.

Pivot: 1.2560 Our preference: long positions above 1.2560 with targets at 1.2660 & 1.2765 in extension. Alternative scenario: below 1.2560 look for further downside with 1.2500 & 1.2420 as targets. Comment: the RSI is bullish and calls for further upside.



Green Lines Represent Resistances \| Red Lines Represent Support Levels \| Light Blue is a Pivot Point \| Black represents the price when the report was produced

USD/CHF Intraday: intraday support around 1.0120.

Pivot: 1.0120 Our preference: long positions above 1.0120 with targets at 1.0160 & 1.0195 in extension. Alternative scenario: below 1.0120 look for further downside with 1.0100 & 1.0075 as targets. Comment: the RSI calls for a rebound.



Green Lines Represent Resistances \| Red Lines Represent Support Levels \| Light Blue is a Pivot Point \| Black represents the price when the report was produced

USD/JPY Intraday: intraday support around 113.80.

Pivot: 113.80 Our preference: long positions above 113.80 with targets at 114.80 & 115.30 in extension. Alternative scenario: below 113.80 look for further downside with 113.25 & 112.55 as targets. Comment: a support base at 113.80 has formed and has allowed for a temporary stabilisation.



Green Lines Represent Resistances \| Red Lines Represent Support Levels \| Light Blue is a Pivot Point \| Black represents the price when the report was produced

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

Tags: ALPARI, Bonus, Dollar, EA, EAs, Euro, EURUSD, expert advisors, foreign exchange, Foreign exchange trading, Forex, FX, FX market, fx trading, FXCM, FXDD, Global Market, Metatrader4, online trading, platform, promotion, trading platform, أسهم, استراتيجية, استرالي, استرليني, اسلامي, اف اكس, اف اكس برو, اف اكس دي دي, اف اكس سي ام, افضل شركة فوركس ، فوركس بروكر ، فوركس, افضل منصة, اكسبرتات, الامارات, الباري, الفوركس, المملكة, اندرويد, ايفون ، منصة, باوند, بترول, بورصة, بونص, تحليل اساسي, تحليل بومي, تحليل فني, تحليلات اساسية, تحليلات فنية, تحليلات ناجحة, تداول, تطبيق فوركس, توصيات, توصيات فوركس, توصيات لحظية, توصيات مجانية, توصيات ناجحة, توصيات يومية, جنيه, حساب اسلامي, دبي, دولار, دولار ين, ذهب, سعودية, سلع, سوق المال, شركة فوركس ،شركة وساطة, عربي, عملات, فضة, فوركس, فوريكس, متداول, مضارب, معادن, منصة, منصة تداول, ميتاتريدر, نيكي, ين, يورو, يورو دولار

Daily Technical Analysis – 1 Dec, 2016

Daily Technical Analysis – 1 Dec, 2016

Technical Analysis – 28 July , 2023

Technical Analysis – 4 April , 2023

Technical Analysis – 12 January , 2023

Leave a Reply Cancel reply

You may have missed

FX Trade Recommendations – 17 September 2023

FX Trade Recommendations – 1 September 2023

FX Trade Recommendations – 30 August 2023

FX Trade Recommendations – 29 August 2023

FX Trade Recommendations – 28 August 2023

Download Now

Contact us

About Us

Daily Technical Analysis – 1 Dec, 2016

More News

Leave a Reply Cancel reply

You may have missed

Download Now

Contact us

About Us