Forex Buy & Sell Trading Signals - page 12

 

Hello Traders,

Forex Signals & Analysis for 17th October 2011:

Short Term Signals:

Usd/Chf Buy at 0.8855/60 then 0.8835/40, sell at 0.9000/05 then 0.9045/50 then 0.9085/90

Usd/Jpy Buy at 76.70/75 then 76.50/55 then 76.20/25, sell at 77.60/65 then 77.75/80 then 78.10/15

Euro/Usd Buy at 1.3730/35 then 1.3660/65, sell at 1.3960/65 then 1.4000/05 then 1.4110/15

Gbp/Usd Buy at 1.5710/15 then 1.5660/65 then 1.5605/10, sell at 1.5890/95 then 1.5925/30 then 1.6000/05

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, retracement at 0.8970/80, break is to 0.9045/50 then 0.9075/85 while on the downside support & low at 0.8825/35

Usd/Jpy This pair is still on uptrend, retracement at 77.00/05, break is to 76.85/90 then to our shrot term buy signals with good support first at 76.70/75, while high is at 77.25/30, above would power the trend toward our short term sell signals.

Euro/Usd This pair is still on uptrend, retracement at 1.3780/85, break is to our short term buy signals, while high is at 1.3920, above would power the trend toward our short term sell signals

Gbp/Usd This pair is still on uptrend, retracement at 1.5750/60, break is to our short term buy signals while high at 1.5850/60, above would power the trend toward our short term sell signals

Usd/Cad This pair is still on downtrend, retracement at 1.0160/70, break is to 1.0220/25 then good resistance at 1.0275/85, while on the downside toward 1.0030/35 then 1.000/05 and possibly toward low at 0.9960/70

Nzd/Usd This pair is still on uptrend, retracement at 0.7960/65, break is to 0.7915/20 then 0.7850/60, while on the upsdie toward 0.8120/25 then 0.8150/60

Euro/Chf This pair is still on uptrend, retracement at 1.2350/60, break is to 1.2335/40 then 1.2315/20, while on the upsdie toward 1.2415/20 then 1.2440/45 then 1.2465/70

Gbp/Chf This pair is still on downtrend, retracement at 1.4135/40, break is to 1.4185/95, above would target 1.4205/10 and possibly 1.4235/40, while on the downside good support at 1.4100/05, break is toward 1.4050/55 then 1.4035/40

Euro/Gbp This pair is still on uptrend, rertacement at 0.8750, break is to 0.8720/25 then 0.8695/00, while on the upside toward 0.8800/05 then 0.8815/20 and possibly 0.8850/55

Aud/Usd This pair is still on uptrend, retracement at 1.0200/10, break is to 1.0155/60 then 1.0070/5, while on the upside would face High resistance at 1.0385/95, above would power the trend toward 1.0430/35 then 1.0475/80

Euro/Jpy This pair is still on uptrend, retracement at 106.20/30, break is to 105.55/60, while on the upside high at 10720/25, above would power the trend toward 108.10/15 then 108.55/60

Gbp/Jpy This pair is still on uptrend, retracement at 121.40/45, break is to 120.80/85 then 120.20/25, while on the upside to target high at 122.30/40, above would power the trend toward 123.10/15 then 123.55/60

Oil is still on uptrend, rertacement at 86.00/10, high at 88.90/00

Gold is still on uptrend, retracement at 1675/76, break is to 1668 then good support at 1660/61, while high is at 1720/21

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 18th October 2011:

Short Term Signals:

Usd/Chf Buy at 0.8885/90 then 0.8840/45, sell at 0.9045/50 then 0.9070/75 then 0.9145/50

Usd/Jpy Buy at 76.30/35 then 76.05/10, sell at 77.45/50 then 77.80/85 then 78.15/20

Euro/Usd Buy at 1.3640/45 then 1.3600/05, sell at 1.3900/05 then 1.3980/85

Gbp/Usd Buy at 1.5680/85 then 1.5655/60, sell at 1.5840/45 then 1.5890/95

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, but trying to change this view today if bases above retracement at 0.8980/85 targetting good resistance at 0.9065/75, above here might extend gains toward 0.9140/50, while kept basing below retracment would target low and good support at 0.8850/60

Usd/Jpy This pair is again moving sideways, below 76.70/75 is to target our short term buy signals while above 76.85/90 is to target our short term sell signals

Euro/Usd This pair is still on uptrend, but might change this view today if keep the base below retracement at 1.3750/60 targetting our short term buy signals, while basing again above retracement is toward our short term sell signals and high is at 1.3900/10, above would power the trend

Gbp/Usd This pair is still on uptrend, but might change this view if bases below retracement at 1.5735/40 targetting our short term buy signals while above would target our short term sell signals and high is at 1.5840/50, above would power the trend

Usd/Cad This pair is squeezed bt. support at 1.0210/15 break is toward 1.0050/60, and resistance at 1.0265/70, break is to 1.0295/00, above would change trend direction toward1.0320/25 then 1.0360/70

Nzd/Usd This pair is squeezed bt. support at 0.7835/45, break is to 0.7790/00 and resistance(uptrend retracement) at 0.7930, a base above would keep the trend targetting 0.8055/65 then possibly 0.8120/25

Euro/Chf This pair is moving sideways, would face resistance at 1.2360/65, above would refresh the uptrend targetting 1.2390/00 then 1.2415/20 and possibly 1.2435/40, while on the downside toward 1.2320/25 then 1.2310/15 and possibly 1.2275/80

Gbp/Chf This pair is still on downtrend but might change this view if bases above retracement at 1.4140/45 targetting resistance at 1.4185/95, above would change trend direction toward 1.4220/25 then 1.4250/55 and possibly toward 1.4330/40, while basing below retracement is toward 1.4045/55 then possibly 1.3995/05

Euro/Gbp This pair is squeezed bt. resistance(uptrend retracement) at 0.8735/40, break is to 0.8790/00 then 0.8825/30 and possibly 0.8855/60, and support at 0.8705/10 break is to 0.8690/95, below would change tredn direction toward 0.8680/85 then 0.8660/65 and possibly 0.8610/20

Aud/Usd This pair is squeezed bt. resistance(uptrend retracement) at 1.165/70, break would keep trend direction toward 1.0350/60, and support at 1.0045/50, break must hold at 1.0000/10

Euro/Jpy This pair is squeezed bt, resistance(uptrend retracement) at 105.75/80, break would keep trend direction targetting 107/50/60, and support at 104.75/80, break is to 104.35/40 then 103.80/90

Gbp/Jpy This pair is squeezed bt, resistance(uptrend retracement) at 121.05/10, break is to 122.50/55 then 123.25/30 and support at 120.20/30, break is to 120.00/05 then 119.60/65

Oil is still on uptrend, retracement at 85.90/95, break is to 85.00/10 then 84.40/50 and possibly 83.00/10 while on the upside toward 88.15/25 then 89.10/20 and possibly 89.95/00, high is at 88.60

Gold is still on uptrend, kept above retracement at 1671 is toward 1694/95 then 1706/07 and possibly 1718/19, while support is at 1660/61, break is to 1653/54 then 1646/47 and possibly 1628/29

We have an Important News Release today for the Sterling Currency:

- UK CPI: Buy Gbp/Usd if 5.1% or above while sell if 4.6% or below

***As you realized traders from my today analysis for the 12 forex pairs, would be a mixed situation today bt. rebasing on previous days trend or reversing to start new trend or moving sideways. So in such situation, I prefer traders who do not have an open order or prefer to trade daily( opening & closing their order/s during a single day, to try watching & focusing at resistance and support with some cautious of possible breakouts for all pairs, since I think some pairs might stay in the range bt. resistance and support I mentioned above for each pair analysis especially those squeezed bt. such crucial price levels.

Besides, Fed Chairman Ben Bernanke & BOE Gov. King would both speak in late hours today, so traders must take note about that for a very possible market volatility at that time.

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 19th October 2011:

Short Term Signals:

Usd/Chf Buy at 0.8915/20 then 0.8885/90 then 0.8830/35, sell at 0.9055/60 then 0.9095/00 then 0.9140/45

Usd/Jpy Buy at 76.55/60 then 76.45/50 then 76.35/40, sell at 76.95/00 then 77.05/10 then 77.20/25

Euro/Usd Buy at Buy at 1.3630/35 then 1.3575/80 then 1.3495/00, sell at 1.3855/60 then 1.3900/05 then 1.3990/95

Gbp/Usd Buy at 1.5585/90 then 1.5530/35 then 1.5430/35, sell at 1.5845/50 then 1.5910/15 then 1.6000/05

Medium Term Daily Analysis:

Usd/Chf This pair is stil on downtrend, again trying to change current trend view if bases above today retracement at 0.8980/85 targetting 0.9040 then 0.9055/60, above would change trend direction to the other short term sell signals, while on the downside toward our short term buy signals and low is at 0.8850/60

Usd/Jpy This pair is still moving sideways, below 76.75 is to our short term buy signals while above 76.85 is to our short term sell signals

Euro/Usd This pair is still on uptrend, but again in a squeezed situation bt. resistance at 1.3745/55, above is toward our short term sell signals and high is at 1.3920/25, while below support at 1.3670/80 is toward our short term buy signals

Gbp/Usd This pair is also in same scenario, above resistance at 1.5720/25 is toward our short term sell signals and high is at 1.5845/55, while below support at 1.5670/75 is toward 1.5580/90 first support break would extend weakness to the other 2 short term buy signals

Usd/Cad This pair is still on downtrend, retracement at 1.0170/80, break is to 1.0230/40 then 1.0265/70 then 1.0320/25, while on the downside toward low at 1.0045/55, below would extend weakness toward 1.0015/20

Nzd/Usd This pair is still on uptrend, retracement at 0.7945/50, break is to 0.7880/85 then 0.7840/50 then 0.7790/00 while on the upsdie toward 0.8045/50 then 0.8085/90 with high at 0.8070/75

Euro/Chf This pair is still moving sideways, above 1.2360/65 is toward 1.2390/95 then 1.2405/10 then 1.2430/35, while on the downside toward 1.2320/25 then 1.2305/10 then possibly 1.2280/85

Gbp/Chf This pair is still on downtrend, retracement at 1.4130/40, break is to 1.4165/75, above would target 1.4200/05 then 1.4245/50 then 1.4285/90, while on the downside toward 1.4060/65 then 1.4035/40 then possibly extending weakness toward 1.3965/70

Euro/Gbp This pair is still on uptrend, retracement at 0.8740, break is to 0.8720/25 then 0.8685/95, below here would target 0.8655/60 then possibly 0.8620/25, while on the upsdie to target 0.8790/95 then 0.8810/15 and possibly 0.8860/65 with high at 0.8825/30

Aud/Usd This pair is still on uptrend, retracement at 1.0210/20, break is toward 1.0100/10 then possibly 1.0025/30, while on the upsdie toward high at 1.0385/95, above would power the trend toward 1.0440/50

Euro/Jpy This pair is squeezed bt. resistance at 105.65/75, break is to target 106.20 then 106.50/55 then 106.95/00, while below support at 105.10/15 is to target 104.55/60 then 104.05/15 Good support

Gbp/Jpy This pair is in same scenario, above resistance at 120.85/95 is toward 121.55/60 then 121.80/85 then 122.30/35, while below support at 120.40/50 is to target 119.95/00 then 119.60/70 then 119.10/15

Gold is trying to base on downtrend today if keep the base below downtrend retracement at 1660/61 to target support at 1653, below here would target 1626/27 then 1620/21 then 1603/04 and possibly 1580/81, while a base above 1660/61 is toward 1688/89 then 1703/04 then 1730/31

Oil is stil on uptrend, retracement at 87.15/20, break is to 85.45/55 then 84.10/20, while high is at 89.60, a base above would power the trend toward 90.20/25 then 91.10/15 and possibly 93.20/25

*** We have an Important News Releases today for the Sterling & Dollar Currencies:

- MPC Meeting Minutes: Buy Gbp/Usd if 2 Vote for Hike, while sell if 2 Vote for QE

- US Core CPI: Buy Usd/Chf & Usd/Jpy if 0.4%, while Buy Euro/Usd & Gbp/Usd if 0% or below

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 20th October 2011:

Short Term Signals:

Usd/Chf Buy at 0.8950/55 then 0.8910/15, sell at 0.9090/95 then 0.9145/50

Usd/Jpy Buy at 76.60/65 then 76.55/60 then 76.45/50, sell at 76.90/95 then 76.95/00 then 77.05/10

Euro/Usd Buy at 1.3635/40 then 1.3555/60, sell at 1.3870/75 then 1.3925/30

Gbp/Usd Buy at 1.5665/70 then 1.5615/20, sell at 1.5875/80 then 1.5920/25

Medum Term Daily Analysis:

Usd/Chf This pair is trying to base on uptrend if bases above 0.9060 targetting our short term sell signals, while below 0.9010 would target our short term buy signals

Usd/Jpy This pair is still moving sideways, above 76.85 is to our short term sell signals while on the downside targetting our short term buy signals

Euro/Usd This pair is trying to base on downtrend if kept below 1.3705/10 targetting our short term buy signals while on the upside is toward our short term sell signals

Gbp/Usd This pair is in same scenario if bases below 1.5705/10 targetting our short term buy signals while on the upsdie targetting high at 1.5850/60, above is toward our short term sell signals

Usd/Cad This pair is trying ot base on uptrend if kept above 1.0220/25 targetting 1.0265/70 then 1.0295/00, above would clealry confirm uptrend to then target 1.0380/85, while on the downside toward 1.0090 then 1.0035/45

Nzd/Usd This pair is squeezed bt. resistance at 0.7930 break is to 0.8000/10 then 0.8050 and possibly 0.8090/95, while a base below 0.7900 is toward 0.7855/60 then 0.7830/35

Euro/Chf This pair still moving sideways with uptrend basis, above 1.2390 is toward 1.2500/05 then 1.2535/40, while below is to target 1.2370/75 then 1.2345/50 then 1.2330/35

Gbp/Chf This pair is moving sideways with uptrend basis, above 1.4180 is toward 1.4320/25 then 1.4360/65, while below is toward 1.4095/00 then 1.4035/40

Euro/Gbp This pair is tying to base on downtrend, if kept below 0.8730/35 targetting 0.8690 then below would clearly confirm the new trend targetting 0.8665/70 and possibly 0.8620/25, while on the upsise above 0.8730 is toward 0.8785/90 then 0.8810/15

Aud/Usd This pair is squeezed bt. support at 1.0110/20, break is to extend weakness to as low as 1.0010/20, while on the upsdie toward 1.0345/50 but must again base above 1.0230/25 first

Euro/Jpy This pair is trying to base on downtrend if kept below 105.10/20 targetting 104.90/95 then 104.60/65 then possibly 103.90/95, while on the upside above 105.30/40 is toward 106.50/60

Gbp/Jpy This pair is trying to base on downtrend if kept below 120.50 targetting 120.20/25 then 119.80/85 and possibly 119.20/25, while on the upside toward 121.60/70 then 121.95/00

Oil is trying ot base on downtrend, below 85.60/70 targetting 84.30 then 83.45/50 and possibly 81.10/20, while on the upside toward 89.25/35

Gold is on powerful downtrend today targetting 1602, below is a free fall, while retracement at 1646/47, might make a comeback through the day to retrace to 1622/23 then 1628/29 then 1639/40 before possible retracement target

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 21st October 2011:

Short Term Signals:

Usd/Chf Buy at 0.8860/65 then 0.8825/30, sell at 0.9070/75 then 0.9135/40

Usd/Jpy Buy at 76.50/55 then 76.40/45 then 76.15/20, sell at 77.10/15 then 77.25/30 then 77.40/45

Euro/Usd Buy at 1.3635/40 then 1.3570/75, sell at 1.3890/95 then 1.3945/50

Gbp/Usd Buy at 1.5680/85 then 1.5630/35, sell at 1.5850/55 then 1.5880/85

Medium Term Daily Analysis:

Usd/Chf This pair is still kept on downtrend, retracement at 0.8980/85, break is to our short term sell signals, while on the downside to target our short term buy signals and low is at 0.8820/30

Usd/Jpy This pair is still moving sideways, below 76.75 is to target our short term buy signals while above 76.85/90 is to our short term sell signals with good resistance at 77.15/20

Euro/Usd This pair is still kept on uptrend, retracement at 1.3750/60, break is to our short term buy signals, while on the upside toward our short term sell signals and high is at 1.3970/80

Gbp/Usd This pair is still kept on uptrend, rertacement at 1.5760/70, break is to 1.5730/40, below is toward our short term buy signals and good support at 1.5630/40

Usd/Cad This pair is still kept on downtrend, retracement at 1.0170, break is to 1.0190/95, above would target 1.0245/50 then good resistance at 1.0290/95, while on the downside to target 1.0090/95 then 1.0060/65

Nzd/Usd This pair is kept on uptrend, retracement at 0.7920/25, break is to 0.7845/50 then 0.7810/15, while on the upside is to target 0.8010/15 then 0.8045/50

Euro/Chf This pair is still moving sideways, support is at 1.2290/00, break is to 1.2220/25 then 1.2180/85, while resistance is at 1.2355/60, break is to 1.2440/45 then 1.2505/10 and possibly 1.2570/75

Gbp/Chf This pair is still moving sideways, support at 1.4055/60, break is toward 1.3985/90, while on the upside to target 1.4140/50, above is toward 1.4275/80 then possibly 1.4360/65

Euro/Gbp This pair is moving sideways, support at 0.8685/90, break is to 0.8670/75 then 0.8645/50 then possibly 0.8605/10, while resistance at 0.8735/40, break is to 0.8775/80 then 0.8800/05 then possibly 0.8840/45

Aud/Usd This pair is still kept on uptrend, retracement at 1.0220/25, break is to 1.0170/75 then 1.0120/25 and possibly 1.0070/75, while on the upside toward 1.0330/35 then 1.0370/80

Euro/Jpy This pair is still kept on uptrend, retracement at 105.70/75, break is to 104.70/75 then 104.20/25, while on the upside is to target 106.65/70 then 107.05/10

Gbp/Jpy This pair is kept on uptrend, retracement at 121.10/15, break is to 120.95/00, below would target 120.30/35 then possibly 119.85/90, while on the upside toward 121.85/90 then 122.15/20 and possibly 122.85/90

Gold is still on downtrend, retracement at 1634/35, break is to 1645/46 then 1657 then 1663/64, above here would hold at 1689/90, while low is at 1600/01, break would extend weakness toward 1594 then 1581/82 then 1560

Oil made a big retrace movement, again squeezed bt. resistance at 86.50 break is to 88.00/05 then 88.80/85 and possibly 90.50/60, while support at 86.15/20 break is to 84.10/20 then 82.95/00 and possibly 81.75/80

We have an Important News Release today for the Canadian Dollar Currency:

- CAD Core CPI: Buy Usd/Cad if -0.1% or below while sell if 0.3% or above

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 24th October 2011:

Short Term Signals:

Usd/Chf Buy at 0.8745/50 then 0.8710/15, sell at 0.8945/50 then 0.90005/10 then 0.9060/65

Usd/Jpy Buy at 75.45/50 then 75.10/15, sell at 77.05/10 then 77.45/50 then 78.00/05

Euro/Usd Buy at 1.3715/20 then 1.3635/40 then 1.3565/70, sell at 1.3985/90 then 1.4025/30 then 1.4155/60

Gbp/Usd Buy at 1.5760/65 then 1.5670/75 then 1.5590/95, sell at 1.6060/65 then 1.6110/15 then 1.6245/50

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, retracement at 0.8895/00, break is to 0.8950/60, above is to the other short term sell signals while low is at 0.8780/85, below would extend weakness toward our short term buy signals

Usd/Jpy This pair is on downtrend basis today but with overall sideways movement, rertacement at 76.45/50( with resistance at 76.25/30 on the way), break is to 76.75/80, above is to our short term sell signals, while on the downside extending weakness to our short term buy signals

Euro/Usd This pair is still on uptrend, retracement at 1.3810/20, break is to 1.3780/90, below is to our short term buy signals while on the upside toward our short term sell signals and high is at 1.4020/30

Gbp/Usd This pair is still on uptrend, retracement at 1.5860/65, break is to our short term buy signals, while high is at 1.5960/70, above would power the trend toward our short term sell signals

Usd/Cad This pair is still on downtrend, retracement at 1.0125/35, break is to 1.0165/75, above would target 1.0225/30, while on the downside to target low at 0.9995/05, then possibly 0.9975/80

Nzd/Usd This pair is still on uptrend, retracement at 0.7980/85, break is to 0.7950/55, below would target 0.7900/10 then possibly 0.7850/60, while on the upside to target 0.8090/95 then high at 0.8115/25, above is to power the trend toward 0.8200/10

Euro/Chf This pair is on downtrend basis today, retracement at 1.2290/00, break is to 1.2340/50, above is toward 1.2390/95 then possibly 1.2445/50 while on the downside toward 1.2175/80 then 1.2135/40 and low is at 1.2110/20

Gbp/Chf This pair is on downtrend basis today but with overall sideways movement, retracement at 1.4110/20, break is to 1.4145/50, above is toward 1.4205/10 then 1.4275/80 and possibly 1.4360/70, while on the downside toward low at 1.3945/55 and possibly 1.3890/95

Euro/Gbp This pair is on downtrend basis today with overall sideways movement, retracement at 0.8710, break is to 0.8735/45 then 0.8765/70 and possibly 0.8800/05, while on the downside toward 0.8660/65 then 0.8640/45 and possibly 0.8610/15

Aud/Usd This pair is still on uptrend, retracement at 1.0290/95, break is to 1.0215/25, below is to 1.0140/50, while on the upside toward 1.0450/60 then 1.0490/00

Euro/Jpy This pair is in mixed situation today, must base again above 105.80/85 to keep uptrend, targetting 106.50/55 then 106.75/80 and possibly 107.40/45, while on the downside toward 105.00/05 then good support at 104.50/60

Gbp/Jpy This pair is still on uptrend, retracement at 121.30/35, break is to 121.10/15, below would target 120.55/60 then 120.10/15 while on the upside toward high at 122.44/55, above would power the trend to target 122.80/90 then possibly 123.50/60

Oil is on uptrend today, retracement at 87.00/05, break is to 86.40/50, below would target 85.50/60 then 84.50/55 and possibly 83.10/20, while on the upside toward 89.50/55 then 90.40/45 and possibly 91.95/00

Gold is still on downtrend, retracement at 1647/48, break is to 1655/56 then 1664/65, above here would target 1670/71 then possibly 1693/94, whiel on the downside toward 1611/12 then low is at 1604/05, below would extend weakness toward 1596/97 and possibly 1582/83

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 25th October 2011:

Short Term Signals:

Usd/Chf Buy at 0.8755/60 then 0.8735/40 then 0.8680/85, sell at 0.8875/80 then 0.8910/15 then 0.8940/45

Usd/Jpy Buy at Buy at 75.80/85 then 75.65/70 then 75.35/40, sell at 76.45/50 then 76.65/70 then 76.85/90

Euro/Usd Buy at 1.3815/20 then 1.3765/70 then 1.3710/15, sell at 1.4000/05 then 1.4035/40 then 1.4115/20

Gbp/Usd Buy at 1.5900/05 then 1.5860/65 then 1.5820/25, sell at 1.6050/55 then 1.6075/80 then 1.6140/45

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, retracement at 0.8855/60, break is to 0.8920/25 then toward 0.8980/90, while low is at 0.8750/55, below would extend weakness toward the other short term buy signals

Usd/Jpy This pair is still on downtrend basis with overall sideways movement, rertacement at 76.30/35 with resistance at 76.15 on the way, above is toward our short term sell signals while on the downside toward our short term buy signals

Euro/Usd This pair is still on uptrend, retracement at 1.3870/75, break is to 1.3820/25, below is to our other short term buy signals, while on the upside to our short term sell signals and high is at 1.4070/80

Gbp/Usd This pair is still on uptrend, retracement at 1.5915/20, break is to our short term sell signals and good support at 1.5820/30, while on the upside toward our short term sell signals and high is at 1.6045/55

Usd/Cad This pair is still on downtrend, retracement at 1.0075/85, break is to 1.0130/40, above is toward 1.0160/65, while on the downside toward 0.9990/95 then 0.9970/75 then possibly 0.9925/30 and low is at 0.9950/55

Nzd/Usd This pair is still on uptrend, retracement at 0.8020/30, break is to 0.7980/85, below here would target 0.7955/60 and possibly 0.7905/10, while on the upside toward 0.8135/40 then high at 0.8165/70 and possibly 0.8220/30 to more power the trend

Euro/Chf This pair is still on downtrend basis qith overall sideways movement, retracement at 1.2290/00, break is to 1.2335/45 then 1.2380/90, while on the downside toward 1.2210/15 then 1.2185/90 and possibly 1.2150/55

Gbp/Chf This pair is still on downtrend basis with overall sideways movement, retracement at 1.4100/05, break is to 1.4120, above here would target 1.4145/55 then 1.4180/85 and possibly 1.4220/25, while on the downside toward 1.4035/40 then 1.4010/15 and low is at 1.3960/70

Euro/Gbp This pair is still on downtrend basis with overall sideways movement, retracement at 0.8710/15, break is to 0.8730/40, above here would target 0.8750/55 then Good Resistance 0.8780/90, while on the downside toward 0.8665/70 then 0.8645/50 and possibly 0.8620/25

Aud/Usd This pair is still on uptrend, retracement at 1.0380/85, break is to 1.0310/15 then 1.0280/85 then 1.0240/45, while on the upside toward 1.0570/75 then High at 1.0615/20

Euro/Jpy This pair is kept on uptrend, retracement at 105.85/90, break is to 105.00/05 then possibly 104.50/55, while on the upside toward 106.75/80 then 107.15/20 and High is at 107.85/90

Gbp/Jpy This pair is still on uptrend, retracement at 121.40/50, break is to 120.85/90 then 120.45/50 and possibly to Good Support at 119.95/05, while on the upside toward 122.35/40 then High at 122.70/80, above here would power the trend toward 123.30/40

Oil is still on powerful uptrend from yesterday, trend traders must have enjoyed Great Big Gains in just one day(yesterday start of trend), retracement at 89.50/60, break is to 87.40/50 then 85.30/40, while on the upside toward High at 92.55/65, above here would power the trend targetting 94.00/05 then 95.05/10

Gold is still moving sideways today, below support at 1647/48 is to 1633/34 then 1623/24 then possibly 1611/12, while above resistance at 1656/57 is to 1665/66, above would target 1669/70 then 1676/77 and possibly 1691/92

We have 2 Important News Releases Today for the Canadian Dollar Currency:

- CAD Core Retail: Buy Usd/Cad if 0% or below while sell if 0.7% or above

- CAD BOC Rate Decision: Buy Usd/Cad if 0.75% while sell if 1.25%

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 26th October 2011:

Short Term Signals:

Usd/Chf Buy at 0.8735/40 then 0.8720/25 then 0.8670/75, sell at 0.8840/45 then 0.8870/75 then 0.8895/00

Usd/Jpy Buy at 75.65/70 then 75.45/50 then 75.20/25, sell at 76.40/45 then 76.60/65 then 76.90/95

Euro/Usd Buy at 1.3825/30 then 1.3790/95 then 1.3735/40, sell at 1.3980/85 then 1.4015/20 then 1.4070/75

Gbp/Usd Buy at 1.5940/45 then 1.5915/20 then 1.5870/75, sell at 1.6050/55 then 1.6080/85 then 1.6120/25

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, retracement at 0.8820/30, break is to 0.8900/10, above here would target 0.9000/10, while low is at 0.8710/20, below would extend weakness toward 0.8670/80

Usd/Jpy This pair is still on downtrend basis with overall sideways movement, retracement at 76.20/25, break is toward 76.55/60, above would extend gains to 76.90/00, while on the downside to target our short term buy signals with support at 76.03 on the way downward

Euro/Usd This pair is still on uptrend, retracement at 1.3880, break is to 1.3820/30, below would taregt the other 2 short term buy signals, while on the upside toward our short term sell signals

Gbp/Usd This pair is still on uptrend, retracement at 1.5945/55, break is to our other 2 short term buy signals while on the upside toward our short term sell signals and High is at 1.6070/80

Usd/Cad This pair is on uptrend basis today afetr huge retracement movement afetr a dissapointing CAD News Release, retracement at 1.0130/40, break is toward 0.9985/95, while on the upside as trend start targetting 1.0285/90 then 1.0340/45

Nzd/Usd This pair is on downtrend basis today after big fall yesterday, retracement at 0.7975/85, break is to 0.8080/85 then possibly 0.8130/40, while on the downside as trend start targetting 0.7890/95 then 0.7855/60 and possibly 0.7775/80

Euro/Chf This pair is still on downtrend basis with overall sideways movement, retracement at 1.2245/55, break is to 1.2295/00 then 1.2310/20 and possibly 1.2340/45, while on the downside targetting 1.2165/70 then 1.2150/55 and possibly 1.2095/00

Gbp/Chf This pair is still on downtrend basis with overall sideways movement, retracement at 1.4075/80, break is to 1.4110/15 then 1.4145/50, then 1.4170 and possibly 1.4210/15 while on the downside to target 1.3980/85 then low at 1.3960/70

Euro/Gbp This pair is still on downtrend basis with overall sideways movement, retracement at 0.8700/05, break is to 0.8720/30 then 0.8745/50 and possibly 0.8770/75 while on the downside toward 0.8655/60 then 0.8640/45 then 0.8610/15

Aud/Usd This pair is still on uptrend, retracement at 1.0390/00, break is to 1.0365/70 then 1.0335/40 then 1.0310/15, while on the upside toward 1.0500/05 then 1.0540/45 and possibly 1.0580/85

Euro/Jpy This pair is squeezed today bt. resistance and support, must base again above 105.90/95 to keep uptrend targetting 106.50/55 then 106.85/90 and possibly 107.35/40 while a base below 105.70/75 is toward 105.05/10 then 104.70/75 and possibly 104.15/20

Gbp/Jpy This pair is still on uptrend, retracement at 121.40/50, break is toward 120.85/95 then 120.45/50 and possibly 120.00/05, while on the upside targetting 122.35/40 then 122.65/70 and possibly 123.25/30

Gold is on uptrend today, retracement at 1678/79, break is to 1664/65 then 1655/56, below here is to target 1647/48 then 1620/21, while on the upside would face resistance at 1705/06, above would power the trend toward 1736/37 then 1751/52 and possibly 1793/94

Oil is still on uptrend, retracement at 91.00/05, break is to 90.20/25 then 89.70/75 then 89.15/20 and possibly 87.30/40, while on the upside toward High at 93.90/00, above would target 95.00/05 then 96.20/25

We have 2 Important News Release today for the Aussie & the Dollar Currencies:

- AUD CPI: Buy Aud/Usd if 0.9% or above while sell if 0.5% or below

- US New Home Sales: Buy Usd/Chf & Usd/Jpy if 350K or above while Buy Euro/Usd & Gbp/Usd if 250K or below

*** Traders must well prepare for tomorrow early morning Japan BOJ Monetary Policy Statement and Rate Decision which might align with Intervention.

Whatever the hell Azumi & his Master Noda are doing, if printing money or collecting the Charity money or clearing some buy orders so maybe SLs are hit by letting such new historic lows occur before the intervention happen, ofcourse BOJ can't fool bulls with such action because a stop loss below 100(little below 75.00 if not much below) would be nonsense for this pair. Besides, who told BOJ that Buying Usd/Jpy at current levels waiting for intervention is illegal?! Current Usd/Jpy at this price level is very dangerous and this is reflected by market playing the Rat & Cat with the BOJ, making new historic lows but then opening a new daily candle above 76.00.

Till when this case can be is not known but what I can make it clear is that I would support Bulls of this pair till tomorrow news release, after that bulls must be cautious to enter at specific price levels because if Usd/Jpy is kept at current price level till tomorrow and BOJ do not intervene by actions not just verbal warnings as Azumi had been doing but Actions as SNB had done who we can believe its Chairman Hildebrand when he says that SNB would defend Euro/Chf 1.20 with full determination but the same can't be said for the BOJ and the latter is loosing their credibility fast until a quick action is seen and currently is the best move to do..you guess what..press the trigger

This is why I would not stand with bulls after tomorrow unless clear new historic lows to buy at, there's no buy and wait for BOJ anymore after tomorrow early hours, but ofcourse I would also never stand with bears at current historic lows for this pair, since if bulls are maybe risking 100 pips possible more downward move toward 75 first, bears are clearly more risking around 400 pips with possible intervention at anytime, even a tight SL can be hit at anytime even without intervention.

On the other side, Chf pairs are currently good to buy at clear buy entries especially Euro/Chf that is only 200 pips far of SNB 1.20 peg level, meaning you only risk 200 pips if it ever hit 1.200 anytime soon or even later. So, any buy at any more downward movement would be more & more safe with more & more possible big gains later on..

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 27th October 2011:

Short Term Signals:

Usd/Chf Buy at 0.8710/15 then 0.8665/70 then 0.8605/10, sell at 0.8890/95 then 0.8925/30 then 0.8995/00

Usd/Jpy Buy at 75.65/70 then 75.40/45 then 75.15/20, sell at 76.50/55 then 75.65/70 then 77.00/05

Euro/Usd Buy at 1.3775/80 then 1.3715/20 then 1.3630/35, sell at 1.4015/20 then 1.4070/75 then 1.4165/70

Gbp/Usd Buy at 1.5865/70 then 1.5815/20 then 1.5740/45, sell at 1.6070/75 then 1.6115/20 then 1.6195/00

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, retracement at 0.8820/30, break is to our short term sell signals with 0.8885/95 crucial resistance bt. continuing to try basing on uptrend or rejected, while on the downside to target our short term buy signals and low is at 0.8680/90

Usd/Jpy This pair is still on downtrend basis with overall sideways movement, retracement at 76.20/25, break is to our short term sell signals, while on the downside toward our short term buy signals and low is at 76.95/00

Euro/Usd This pair is still on uptrend, retracement at 1.3880/90, break is to 1.3840/50, below here is to our short term buy signals, while on the upside targetting our short term sell signals

Gbp/Usd This pair is still on uptrend, retracement at 1.5950/55, break is to Good support at 1.5865/75. below is to the other 2 short term buy signals, while on the upside toward our short term sell signals

Usd/Cad This pair is moving sideways, above 1.0075/85 is to target 1.0115/25, above here is toward 1.0165/70 then 1.0220/25 and possibly 1.0270/75, while on the downside toward 0.9970/75 then 0.9940/45

Nzd/Usd This pair is moving sideways, above 0.7985/95 is toward 0.8055/60 then 0.8075/80 and possibly 0.8140/45, while below is toward 0.7920/25 then 0.7880/85 and possibly 0.7845/50

Euro/Chf This pair is still on downtrend basis with overall sideways movement, retracement at 1.2250/60, break is to Good Resistance at 1.2300/10, above is toward 1.2334/40 then possibly 1.2405/10, while on the downside toward low at 1.2145/55, below here would extend weakness toward 1.2110/15 then possibly 1.2060/70

Gbp/Chf This pair is still on downtrend basis with overall sideways movement, retracement at 1.4085/95, break is towar 1.4140/45 then 1.4175/80 and possibly 1.4260/65, while on the downside toward low at 1.3975/80, below here would extend weakness toward 1.3955/60 then 1.3900/05 and possibly 1.3845/50

Euro/Gbp This pair is still on downtrend basis with overall sideways movement, below 0.8700 is to 0.8690, below here would target 0.8665/70 then 0.8650/55 then 0.8630/35, while on the upside above 0.8720/25 is toward 0.8735 then 0.8745/50 then 0.8775/80

Aud/Usd This pair is still on uptrend, retracement at 1.0380/85, break is to 1.0315/25, below here would target 1.0265/70 and possibly 1.0215/20, while on the upside toward 1.0465/70 with resistance on the way at 1.0435/40, then 1.0495/00 and possibly 1.0560/70

Euro/Jpy This pair is still moving sideways bt. resistance & support, above 105.90/00 is toward 1.06.65/70 then 107.00/05 and possibly 107.85/90, while below 105.70/75 is toward 104.70/75 then 104.15/20

Gbp/Jpy This pair is still on uptrend, retracement at 121.40/50, break is to 122.35/40 then 122.65/70 and possibly 123.40/45, while on the downside toward Good Support at 120.50/60, below is to extend weakness to 120.10/15

Oil is still on uptrend, retracement at 90.70/75, break is toward 88.70/75 then 87.65/70 and possibly 85.35/40, while on the upside toward 94.00/10 then 95.55/60 and possibly 97.15/20

Gold is still on uptrend, retracement at 1699/00, break is to 1676/77 then 1671/72 then 1661/62, while on the upside high support at 1720/21, kept basing above is to extend power toward 1741/41 then 1747/48 then 1767/68

*** As I adviced Traders yesterday for today few hours from now Japan BOJ Monetary Policy and Intervention that is prepared at High Levels as Japan Fin. Min. Jun Azumi is assuring if EU Leaders do not reach to a solution today, so traders would go to safe haven currencies as CHF & JPY which would oblige the BOJ to intervene today.

Stay tuned and wait for coming Important News.

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 28th October 2011:

Short Term Signals:

Usd/Chf Buy at 0.8465/70 then 0.8405/10, sell at 0.8815/20 then 0.8915/20

Usd/Jpy Buy at 75.50/55 then 75.30/35 then 75.00/05, sell at 76.35/40 then 76.55/60 then 76.85/90

Euro/Usd Buy at 1.3865/70 then 1.3715/20, sell at 1.4390 then 1.4480/85

Gbp/Usd Buy at 1.5945/50 then 1.5875/80 then 1.5800/05, sell at 1.6200/05 then 1.6250/55 then 1.6360/65

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, retracement at 0.8695/00, break is to 0.8820/30, while on the downside low is at 0.8585/90, below would wtend weakness to our short term buy signals

Usd/Jpy This pair is still on downtrend basis with overall sideways movement, retracement at 76.05, break is to our short term sell signals, while low is at 75.80/85, below would extend weakness to our short term buy signals

Euro/Usd This pair is still on uptrend, retracement at 1.4050/55 with high support at 1.4070/75, break is to 1.3900/10 then to our short term buy signals, while on the upside toward High at 1.4250/60, above would extend trend power to our short term sell signals

Gbp/Usd This pair is still on uptrend, retracement at 1.6030/40, break is to our short term buy signals, while on the upside toward high at 1.6175/80, above would extend trend power toward our shrot term sell signals

Usd/Cad This pair is on downtrend basis, retracement at 0.9990/00, break is to 1.0040/45 then 1.0085/95 then 1.0105/10 and possibly 1.0165/70, while on the downside low is at 0.9860, below owuld extend weakness toward 0.9825/30 and possibly 0.9785/90

Nzd/Usd This pair is still on uptrend, retracement at 0.8120/25 with high support at 0.8200/10, break is toward 0.8000/05, while on the upside high is at 0.8270/75, above would extend trend power toward 0.8340/45 then 0.8390/95

Euro/Chf This pair is still on downtrend basis with overall sideways movement, retracement at 1.2220/30, break is to 1.2280/85, above would target 1.2320/25 then 1.2360/65, while on the downside toward low at 1.2145/50, below would extend weakness toward 1.2125/30 then possibly 1.2060/70

Gbp/Chf This pair is still on downtrend basis, retracement at 1.3940/50 with low resistance at 1.3875/85 on the way, break is toward 1.4075/80 then possibly 1.4190/00, while on the downside toward low at 1.3800/10, below would extend weakness towatd 1.3695/00 then 1.3630/40

Euro/Gbp This pair is on uptrend basis today, retracement at 0.8760/65 with high support at 0.8775/80, break is toward 0.8730/40 and possibly 0.8700/10, while on the upside toward high at 0.8840/50 above owuld extend trend power toward 0.8885/90 then 0.8915/20

Aud/Usd This pair is still on uptrend, retracement at 1.0570/75, break is toward 1.0400/10, while on the upside toward high at 1.0825/35, above would extend trend power toward 1.0910/15 then 1.0990/95

Euro/Jpy This pair is still on uptrend, retracement at 106.85/90, break is to 106.15/20 then possibly 105.65/70, while high is at 108.75/85, above would extend trend power to target 109.00/05 then 109.60/65

Gbp/Jpy This pair is still on uptrend, retracement at 121.85/90, break is to 121.50/55, below would target 121.05/10 and possibly 120.50/55, while on the upside toward 123.00 then high at 123.30/40 and possibly 124.15/20

Oil is still on uptrend, retracement at 92.40/50, break is to 90.85/90 then 89.35/40 and possibly 88.10/15, while on the upside toward high at 95.65/75, above to extend trend power to target 96.50/55

Gold is still on uptrend, 1719/20 with high support at 1738/39, break is to 1707/08 then 1689/90, while on the upside toward 1767/68 then 1777/78 and possibly 1804/05

***BOJ again dissapointed the market and added to the Euro Summit positive news to boost the Euro and power many pairs that usually move as correlation especially commodity pairs as Usd/Cad & Aud/Usd & Nzd/Usd, Azumi didn't take the green light from his master Noda who in his turn didn't take the green light for his maters in the USA and as usual he wouldn't angry them, it seem BOJ forgot pearl harbor or the Japanese lost their surprise habit..just a joke

Anyway, Azumi recent comment is that no need for intervention if yen pairs corrected their movement, besides Euro Summit had put away yesterday possible intervention as I mentioned in previous post since a strong Euro would not help yen power and this is what happened yen weakening against all currencies except the dollar, simply because the dollar was weak against all currencies even the yen. But Azumi forgot that even when the Dollar powers the yen instantly do the same, this is why Usd/Jpy had been stuck in tight daily movement while when dollar weaken the yen still keeps little power to keep this pair down, this is a risk aversion formula, while currently the market is demanding risk with a weak dollar & yen.

So, to have a powerful dollar and weak yen I can't see it anytime real soon unless US news data are promising with also traders & investors stop having illussions & fantasies about possible QE3, besides currently BOJ intervention would be the only answer but as said this is yet not seen clearly in the picture

Today important News Release is for the CHf Currency "KOF Economic Barometer" that might lead to high volatility in Chf pairs and might mark a possible reversal from yesterday huge collapse.

Have A Great Trading Day