Fx Technical Analysis Eur/Usd Gbp/Usd Usd/Zar Usd/Jpy Usd/Chf

 

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  • Dear Valued Client:

    Thank you for continued business with Currency Hedger. Currency Hedger has decided to categorize the FX pairs based on risk factors and volatility into three tiers.

    Please note that Effective Friday October 12th (5 PM NY time on October 12th), all FX pairs will be categorized as follow:

     

    Tier 1    Pairs minimum margin requirement will be 1%

    Tier 2    Pairs minimum margin requirement will be 2%

    Tier 3    Pairs will be available as indicative pricing.

    Tier 1Tier 2Tier 3
    AUD/CADAUD/SGDUSD/TRY
    AUD/CHFCHF/SGDUSD/THB
    AUD/JPYEUR/CNHUSD/RUB
    AUD/NZDEUR/CZKUSD/MXN
    AUD/USDEUR/NOKUSD/HUF
    CAD/CHFEUR/PLNUSD/DKK
    CAD/JPYEUR/SEKGBP/TRY
    CHF/JPYEUR/SGDGBP/DKK
    EUR/AUDEUR/ZAREUR/TRY
    EUR/CADGBP/NOKEUR/HUF
    EUR/CHFGBP/SEKEUR/HKD
    EUR/GBPNOK/JPYEUR/DKK
    EUR/JPYNOK/SEK
    EUR/NZDSEK/JPY
    EUR/USDSGD/JPY
    GBP/AUDUSD/CNH
    GBP/CADUSD/CZK
    GBP/CHFUSD/HKD
    GBP/JPYUSD/NOK
    GBP/NZDUSD/PLN
    GBP/SGDUSD/SEK
    GBP/USDUSD/SGD
    NZD/CADUSD/ZAR
    NZD/CHFZAR/JPY

    Please note that Metals, Commodities and CFDs minimum Margin Requirements remains 2%. Furthermore, please note that the above changes will apply only to your Omnibus account with Currency Hedger.

     

    Please note that Currency Hedger requires that, going into each weekend, the equity in your account is “at least” double the margin required to maintain your open trades. In other words, your “Margin Ratio” (viewable in your Account window) is below 50% by end of day each Friday. Please be mindful of this important obligation and be aware that the Company reserves the right to instruct  a client to reduce their position until compliant. If client fails to bring themselves into compliance, Currency Hedger trade support may reduce positions until guidelines are satisfactorily met. This requirement will be in effect even with this recent change in margin requirement.

    Please monitor margin on deposit with Currency Hedger accordingly, and make any adjustments/changes deemed necessary.

 

 

 

Monday, November 28, 2018

Daily technical strategies

EUR/USD USD/JPY GBP/USD EUR/GBP USD/ZAR

 

EUR/USD Intraday: capped by a negative trend line.

Pivot: 1.1315

Our preference: short @ 1.1295 with targets @ 1.1275 & 1.1260 in extension.

Alternative scenario: above 1.1315 look for further upside with 1.1345 & 1.1360 as targets.

Comment: the RSI is mixed to bearish.

 

 

USD/JPY Intraday: supported by a rising trend line.

Pivot: 113.65

Our preference: long @ 113.85 with targets @ 114.00 & 114.20 in extension.

Alternative scenario: below 113.65 look for further downside with 113.40 & 113.15 as targets.

Comment: the RSI is bullish and calls for further advance.

 

 

GBP/USD Intraday: consolidation.

Pivot: 1.2775

Our preference: short positions below 1.2775 with targets at 1.2720 & 1.2695 in extension.

Alternative scenario: above 1.2775 look for further upside with 1.2820 & 1.2860 as targets.

Comment: the RSI is mixed to bearish.

 

 

EUR/GBP Intraday: intraday support around 0.8850.

Pivot: 0.8850

Our preference: long positions above 0.8850 with targets at 0.8875 & 0.8885 in extension.

Alternative scenario: below 0.8850 look for further downside with 0.8835 & 0.8820 as targets.

Comment: the RSI is mixed to bullish.

 

 

USD/ZAR intraday: as long as 13.8750 is support look for 14.0790

Our pivot point is at 13.8750.

Our preference: as long as 13.8750 is support look for 14.0790.

Alternative scenario: below 13.8750, expect 13.7960 and 13.7490.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 13.9311 and 13.9068).