Take a short position around 1.4730 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.4663 - 1.4631
Resistances: 1.4865 - 1.4819
Don't trade with money you can't afford to lose.
====================================== GBP/USD
Updated at: Sep-24, 6:00 AM (GMT)
Take a short position around 1.6375 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.6284 - 1.6256
Resistances: 1.6478 - 1.6432
Don't trade with money you can't afford to lose.
====================================== USD/CHF
Updated at: Sep-24, 6:00 AM (GMT)
Take a long position around 1.0266 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.0208 - 1.0178
Resistances: 1.0333 - 1.0311
Don't trade with money you can't afford to lose.
====================================== USD/JPY
Updated at: Sep-24, 6:00 AM (GMT)
Take a long position around 90.84 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 90.66 - 90.42
Resistances: 91.85 - 91.61
Don't trade with money you can't afford to lose.
Take a short position around 1.4612 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.4514 - 1.4477
Resistances: 1.4795 - 1.4726
Don't trade with money you can't afford to lose.
====================================== GBP/USD
Updated at: Sep-28, 6:30 AM (GMT)
Take a short position around 1.5825 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.5580 - 1.5472
Resistances: 1.6402 - 1.6200
Don't trade with money you can't afford to lose.
====================================== USD/CHF
Updated at: Sep-28, 6:30 AM (GMT)
Take a long position around 1.0337 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.0252 - 1.0201
Resistances: 1.0441 - 1.0412
Don't trade with money you can't afford to lose.
====================================== USD/JPY
Updated at: Sep-28, 6:30 AM (GMT)
Take a long position around 89.29 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 87.69 - 86.98
Resistances: 92.01 - 91.04
Don't trade with money you can't afford to lose.
Take a short position around 1.4641 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.4565 - 1.4537
Resistances: 1.4708 - 1.4679
Don't trade with money you can't afford to lose.
====================================== GBP/USD
Updated at: Sep-29, 5:30 AM (GMT)
Take a long position around 1.5948 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.5816 - 1.5768
Resistances: 1.5992 - 1.5965
Don't trade with money you can't afford to lose.
====================================== USD/CHF
Updated at: Sep-29, 5:30 AM (GMT)
Take a long position around 1.0317 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.0275 - 1.0251
Resistances: 1.0396 - 1.0372
Don't trade with money you can't afford to lose.
====================================== USD/JPY
Updated at: Sep-29, 5:30 AM (GMT)
Take a long position around 89.92 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 89.30 - 89.99
Resistances: 90.61 - 90.38
Don't trade with money you can't afford to lose.
Take a long position around 1.4618 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.4556 - 1.4520
Resistances: 1.4697 - 1.4674
Don't trade with money you can't afford to lose.
====================================== GBP/USD
Updated at: Sep-30, 5:30 AM (GMT)
Take a long position around 1.6010 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.5889 - 1.5820
Resistances: 1.6129 - 1.6095
Don't trade with money you can't afford to lose.
====================================== USD/CHF
Updated at: Sep-30, 5:30 AM (GMT)
Take a short position around 1.0338 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.0297 - 1.0278
Resistances: 1.0414 - 1.0388
Don't trade with money you can't afford to lose.
====================================== USD/JPY
Updated at: Sep-30, 5:30 AM (GMT)
Take a short position around 89.65 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 89.36 - 89.23
Resistances: 90.38 - 90.13
Don't trade with money you can't afford to lose.
Take a long position around 1.4625 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.4585 - 1.4559
Resistances: 1.4706 - 1.4683
Don't trade with money you can't afford to lose.
====================================== GBP/USD
Updated at: Oct-1, 5:30 AM (GMT)
Take a long position around 1.5950 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.5890 - 1.5859
Resistances: 1.6129 - 1.6071
Don't trade with money you can't afford to lose.
====================================== USD/CHF
Updated at: Oct-1, 5:30 AM (GMT)
Take a short position around 1.0372 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.0282 - 1.0242
Resistances: 1.0490 - 1.0447
Don't trade with money you can't afford to lose.
====================================== USD/JPY
Updated at: Oct-1, 5:30 AM (GMT)
Take a short position around 89.98 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 89.49 - 89.29
Resistances: 90.24 - 90.12
Don't trade with money you can't afford to lose.
Take a short position around 1.4717 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.4664 - 1.4647
Resistances: 1.4764 - 1.4741
Don't trade with money you can't afford to lose.
====================================== GBP/USD
Updated at: Oct-7, 6:30 AM (GMT)
Take a short position around 1.5887 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.5822 - 1.5792
Resistances: 1.6047 - 1.5992
Don't trade with money you can't afford to lose.
====================================== USD/CHF
Updated at: Oct-7, 6:30 AM (GMT)
Take a long position around 1.0278 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.0255 - 1.0237
Resistances: 1.0322 - 1.0312
Don't trade with money you can't afford to lose.
====================================== USD/JPY
Updated at: Oct-7, 6:30 AM (GMT)
Take a long position around 88.54 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 88.52 - 88.34
Resistances: 89.53 - 89.31
Don't trade with money you can't afford to lose.
Take a long position around 1.4696 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.4660 - 1.4639
Resistances: 1.4789 - 1.4760
Don't trade with money you can't afford to lose.
====================================== GBP/USD
Updated at: Oct-12, 6:30 AM (GMT)
Take a long position around 1.5807 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.5743 - 1.5703
Resistances: 1.6040 - 1.5968
Don't trade with money you can't afford to lose.
====================================== USD/CHF
Updated at: Oct-12, 6:30 AM (GMT)
Take a short position around 1.0341 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 1.0291 - 1.0269
Resistances: 1.0380 - 1.0365
Don't trade with money you can't afford to lose.
====================================== USD/JPY
Updated at: Oct-12, 6:30 AM (GMT)
Take a short position around 90.19 (+/- 5 pips).
Target range LV1 +30 pips and LV2 +60 pips. Set SL -40 pips.
Supports: 89.09 - 88.61
Resistances: 90.82 - 90.55
Don't trade with money you can't afford to lose.
Oil climbs near $74
The market extends last week's gains as investors remain optimistic about the economic recovery and improved energy demand.
LONDON (Reuters) -- Oil jumped more than 2% towards $74 a barrel on Monday, the highest in over six weeks, on optimism about the pace of global economic recovery and indications of stronger oil demand.
Crude gained 2.6% last week, bolstered by a falling dollar. The International Energy Agency raised its oil demand forecasts and a Reuters survey showed Chinese refineries will keep crude processing at record levels in October.
U.S. crude rose $1.87 to $73.64 by 9:42 ET. It climbed as high as $73.81, the highest since it reached a 2009 peak of $75.00 on Aug. 25.
"The break above $70 has been important as it moves the market into a new and higher trading range," said Christopher Bellew, a broker at Bache Commodities, referring to Brent.
"The better Chinese demand figures published last week and the resilience of equities and gold and a weak dollar have all contributed to this upward move in oil prices."
The U.S. dollar eased against a basket of currencies, further supporting oil, while gold rose. Dollar weakness can boost investor demand for oil and other commodities priced in the U.S. currency.
Signs emerged on Monday that while world energy demand is expected to rise more strongly than forecast next year, key exporters are continuing to keep a lid on supplies for now.
Saudi Arabia, the world's top oil exporter, will keep steady in November the curbs on the contracted volumes of crude it supplies to Asia and Europe, industry sources said.
With holidays in the United States, Japan and Canada on Monday, analysts said oil prices would be largely influenced by equities. European stocks rose, as did U.S. shares. "There are a lot of positive sentiments in the market because of expectations for another rally in stock markets this week as well as improved energy demand forecasts from the IEA," said Ben Westmore, a commodities analyst from the National Australia Bank.
Some of the biggest U.S. corporate names are scheduled to post earnings this week, a reality check for whether a seven-month rally in stocks this year has further to run.
Dollar mixed as stocks spike
Greenback down against euro on a quiet trading day as investors push stocks higher ahead of corporate earnings reports.
NEW YORK (CNNMoney.com) -- The dollar was mixed against its counterparts in a quiet-but-volatile trading day.
The dollar fell against the euro to $1.4792 but edged slightly higher against the pound to $1.5794. It also rose against the yen to ¥89.8040, up from last week's eight-month low.
The greenback was taking its cue from Wall Street, where stocks were spiking back near 10,000 -- a level not seen since last October.
"Equities are gradually climbing, and the dollar is gradually falling. It's an inverted risk correlation," said John Kicklighter, currency strategist at DailyFX.com. "The relationship will hold as long as there isn't a fundamental reason to push the dollar one way or another."
The federal government is closed for the Columbus Day holiday and there is no economic data due Monday. Many investors are taking the day off and are not likely to make big moves ahead of corporate earnings and economic data to be released later this week.
"Once we see what's happening in companies' balance sheets, we will start to see risk appetite adjusting," said Kicklighter, who thinks that company performances during the third quarter "won't be that good."
But they could still weigh on the greenback this week if they meet expectations.
"Even if you have modestly bullish reports with a strong round of numbers, the dollar will break down," said Kicklighter. "If we just see moderate reports or companies post earnings that aren't good at all, that will allow the dollar to garner strength because people will become more realistic about company yields and dividends."