Forex Buy & Sell Trading Signals - page 9
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Hello Traders,
Forex Signals & Analysis for 23rd September 2011:
Short Term Signals:
Usd/Chf Buy at 0.8935/40 then 0.8870/75, sell at 0.9220/25 then 0.9285/90
Usd/Jpy Buy at 75.75/80 then 75.55/60 then 75.00/05, sell at 76.90/95 then 77.25/30 then 77.60/65
Euro/Usd Buy at 1.3325/30 then 1.3265/70, sell at 1.3620/25 then 1.3695/00
Gbp/Usd Buy at 1.5245/50 then 1.5200/05, sell at 1.5505/10 then 1.5585/90
Medium Term Daily Analysis:
Usd/Chf This pair is still on uptrend, retracement at 0.8990/00, break is to 0.8860/70, while on the upside to target our short term sell signals
Usd/Jpy This pair is still on downtrend, retracement at 76.40/45, break is to 76.60/65 then 76.80/85, a base above is to target our short term sell signals changing trend direction, while low is at 76.00/05
Euro/Usd This pair is still on downtrend, retracement at 1.3540/50, break is to 1.3660/70, a base above would chnage trend direction, while low is at 1.3280/85
Gbp/Usd This pair is still on downtrend, retracement at 1.5470/80, break is to 1.5655/60, while low is at 1.5300/10, break here would extend weakness to our short term buy signals
Usd/Cad This pair is still on uptrend, high support at 1.0190/00, break is to retracement at 1.0140/50, below here is toward 1.0035/40, while on the upside is to target 1.0460/65 then 1.0540/45
Nzd/Usd This pair is still on downtrend, low resistance at 0.7860/70, break is to retracement at 0.7950/60, above here is toward 0.8130/40, while on the downside is extending weakness to 0.7635/40 then 0.7555/60
Euro/Chf This pair is still on uptrend, retracement at 1.2200/05, break is to 1.2110/20, while on the upside to target 1.2360/65 then 1.2420/25 and possibly 1.2500/05
Gbp/Chf This pair is still on uptrend, retracement at 1.3920/30, break is to 1.3880/85, below is toward 1.3785/90, while on the upside to target 1.4150/55 then possibly 1.4250/55
Euro/Gbp This pair is still on uptrend, retracement at 0.8750/55, break is to 0.8720/25, below is toward 0.8705/10 then 0.8675/80, while on the upside to target 0.8790/00, a base above here would extend trend power toward 0.8810/15 then 0.8830/35 and possibly 0.8875/80
Aud/Usd This pair is still on downtrend(pardon me for yesterday typing mistake but the general analysis must had shown you the mistake with also previous days downtrend movement), low resistance at 0.9820/30, break is to retracement at 0.9930/40, above here is to change trend direction toward 1.0065/70, while on the downside toward more weakness at 0.9535/40 then 0.9445/50
Euro/Jpy This pair is still on downtrend, low at 101.70/80, below here is to 101.40/45, retracement at 103.50/60 break is to 104.60/70, above would chnage trend direction toward 105.20/25 then 106.05/10 then possibly 106.85/90
Gbp/Jpy This pair is still on downtrend, low is at 116.80/90, a base below would turn this price level to low resistance targetting more weakness at 115.80/85 then 115.30/35, while retracement at 118.20/30 break is to 119.95/00, a base above would chnage trend direction toward 122.10/20
Gold is still on downtrend, retracement at 1761/61, break is to 1790/91 then possibly 1819/20, while low is at 1734, below would turn this level to low resistance extending weakness toward 1700/01 then 1683/84 then 1645/46
Oil is still on downtrend, low resistance at 81.55/60 break is toward retracement at 83.00, above here is to target 86.30/40 then 86.95/00
*** The markets surprise us sometimes with big falls or spikes. It's not that such price levels reached yesterday weren't in my agenda, I was surely ready for such levels and even lower but simply somedays I do not post the extreme possible levels for each pair because some traders might find me mad since they are really very low or high price levels and out of daily price range for each pair, Gold & Oil since I prefer not to frighten you traders with such abnormal levels..lol
But the markets like to prove for us from time to time that nothing is impossible in any day, so I decided to extend my explaination with more extreme levels so traders following my post do not think that the market can cheat them with extraordinary out of daily range price levels while I am still alive & posting..LOL
Ofcourse, such extra falls or spikes by the market could not had effected your overall trading results while following the trend but with better exits at bigger gains if you were more greedy looking for more bigger money gains. Anyway, as I always mention sometimes you must not milk the pips till the end but be realistic and take profit at great price levels because there would always be more new promising opportunities to always gain money from the markets.
And, as I like a phrase that says "A bird in the hand is much better than 10 on the tree"
* Keep close look at G20 Meetings & also ECB President Trichet talks later on today..
Have A Great Trading Day
Hello Traders,
Forex Signals & Analysis for 26th September 2011:
Short Term Signals:
Usd/Chf Buy at 0.8985/90 then 0.8950/55 then 0.8910/15, sell at 0.9105/10 then 0.9135/40 then 0.9180/85
Usd/Jpy Buy at 76.05/10 then 75.75/80 then 75.45/50, sell at 77.05/10 then 77.25/30 then 77.65/70
Euro/Usd Buy at 1.3390/95 then 1.3345/50, sell at 1.3595/00 then 1.3640/45
Gbp/Usd Buy at 1.5320/25 then 1.5260/65, sell at 1.5540/45 then 1.5585/90
Medium Term Daily Analysis:
Usd/Chf This pair is still on uptrend, retracement is at 0.9000/05, break is toward our short term buy signals, while on the upside is toward our short term sell signals
Usd/Jpy This pair is still on downtrend, retracement at 76.55/60, break is toward 76.85, above is to target our short term sell signals while low is at 76.05/10, below is toward our other short term buy signals
Euro/Usd This pair is still on downtrend, retracement at 1.3540/50, break is to 1.3650/60, above here would chnage trend direction while on the downside is toward our short term buy signals
Gbp/Usd This pair is still on downtrend, retracement at 1.5495/00, break is to our short term sell signals then 1.5630/40 good resistance, above here would chnage trend direction, while low is at 1.5310/20
Usd/Cad This pair is still on uptrend, high support at 1.0250/60, break is to retracement at 1.0190/00, below would chnage trend direction toward 1.0155/60, while on the upside to target 1.0365/70 then possibly 1.0405/10
Nzd/Usd This pair is still on downtrend, low resistance at 0.7765/70, break is to retracement at 0.7870/80, above is toward 0.7960/65, while on the downside to target 0.7665/70 then 0.7620/25
Euro/Chf This pair is still on uptrend, retracement at 1.2200/10, break is to 1.2130/40(buy) with support on the way at 1.2160/65(buy), while on the upside is toward 1.2290/95 then 1.2325/30 then possibly 1.2370/75
Gbp/Chf This pair is still on uptrend, retracement at 1.3960/65, break is to 1.3890/95(buy), while on the upside is toward 1.4050/55 then 1.4085/90 then possibly 1.4145/50
Euro/Gbp This pair is still on uptrend with an overall sideways movement, above 0.8740 would target 0.8760 then toward 0.8790/00, above here would more power the trend toward 0.8825/30, while a base below 0.8730 would target 0.8685/90 then 0.8660/65
Aud/Usd This pair is still on downtrend, retracement at 0.9885/90, break is toward 0.9905/10 then 0.9965/70, while low is at 0.9740/50, a base below would turn this level to low resistance targetting 0.9635/40
Euro/Jpy This pair is still on downtrend, retracement at 103.55/60, break is to 104.55/60, above would change trend direction toward 105.45/50, while on the downside to target 102.15/20
Gbp/Jpy This pair is still on downtrend, retracement at 118.55/60, break is to 119.95/00, above would change trend direction possibly extending gains toward 121.05/10
Gold is still on downtrend, low resistance is at 1678/79, break is to retracement at 1701/02, break is toward 1758/59, while on the downside a base below 1638 would more power the trend toward 1585/86 then 1553/54
Oil is still on downtrend, low resistance at 80.30/40, break is to retracement at 81.60/70, above is to target 82.70/75 then 84.05/10, while on the downside to target 77.50/60 then 76.90/00 & possibly 75.45/50
We have an Important News Release today for the Dollar Currency:
- US New Home Sales: Buy Usd/Chf & Usd/Jpy if above 305 while Buy Euro/Usd & Gbp/Usd if below 290
*My charts tell me as an overall look at all pairs that friday daily candles of most pairs that vs the dollar & yen currencies had closed as bullish candles as if there's a reversal starting to appear in the picture, but I prefer to wait and see today's close daily candle since the overall view is still bearish.
Have A Great Trading Day
Hello Traders,
Forex Signals & Analysis for 27th September 2011:
Short Term Signals:
Usd/Chf Buy at 0.8940/45 then 0.8910/15, sell at 0.9130/35 then 0.9190/95 then 0.9235/40
Usd/Jpy Buy at 76.00/05 then 75.85/90 then 75.55/60, sell at 76.75/80 then 76.95/00 then 77.20/25
Euro/Usd Buy at 1.3365/70 then 1.3290/95, sell at 1.3625/30 then 1.3665/70
Gbp/Usd Buy at 1.5440/45 then 1.5380/85, sell at 1.5630/35 then 1.5660/65
Medium Term Daily Analysis:
Usd/Chf This pair is still on uptrend, retracement at 0.9000/05, break is to our short term buy signals and 0.8900/10 would be good support, while on the upsdie is toward our short term sell signals
Usd/Jpy This pair is still on downtrend, retracement at 76.45/50, break is to good resistance at 76.80/85, break is to our other short term sell signals changing trend direction while low is at 76.00/05, below is to our other short term buy signals
Euro/Usd This pair is still on downtrend, but trying to base above today retracement 1.3525/30 targetting 1.3640/50, a base above here would change trend direction, while on the downside to target our short term buy signals
Gbp/Usd This pair is still on downtrend, but also trying to base above today retracement 1.5530/35 targetting 1.5620/30, a base above would change trend direction, while on the downside is toward our short term buy signals
Usd/Cad This pair is still on uptrend, retracement at 1.0220/25, break is toward 1.0185/90 then 1.0155/60, while high is at 1.0290/00, above here would again power the trend toward 1.0370/75 then possibly 1.0430/35
Nzd/Usd This pair is still on downtrend, retracement at 0.7840/50, break is toward 0.7880/85 then 0.7915/20 while low is at 0.7730/40, a base below would turn this level to low resistance targetting 0.7645/50 then possibly 0.7575/80
Euro/Chf This pair is still on uptrend, retracement at 1.2190/95, break is toward 1.2140/50 then possibly 1.2100/05, hile on the upside to target 1.2265/70 then 1.2300/05 and possibly 1.2350/55
Gbp/Chf This pair is still on uptrend, retracement at 1.4000, break is to 1.3900/10 with support on the way at 1.3940/45, while on the upside to target 1.4130/35 then 1.4180/85
Euro/Gbp This pair reversed to downtrend with a successful breakout strategy yesterday, but an overall sideways movement, retracement at 0.8710/15, break is to good resistance at 0.8730/40, a base above is toward 0.8755/60 then 0.8790/95, while on the downside toward 0.8625/30 then low at 0.8600/10
Aud/Usd This pair is still on downtrend, retracement at 0.9855/60, break is to 0.9930/35 then 0.9975/80, while on the downside low is at 0.9690/00, a base below would turn this level to low resistance targetting 0.9635/40 that must mainly hold.
Euro/Jpy This pair is still on downtrend, retracement at 103.40/45, break is toward 104.35/40, above here would chnage trend direction toward 104.80/85 then possibly 105.90/95, while on the downside to target 101.85/90, below is toward low at 101.50/60
Gbp/Jpy This pair is still on downtrend, trying to base above retracement at 118.65/70 targetting 119.45/50, above would chnage trend direction toward 119.75/80 then possibly 120.55/60, while on the downside to target 117.75/80 then 117.25/30 while low is at 116.75/85
Oil is still on downtrend, retracement at 81.50/60, break is to 83.30/40 then 84.25/30, while on the downside low is at 79.95, below would target 77.45/50 then 75.60/65
Gold is still on downtrend, low resistance at 1639/40 break is to retracement at 1661/61, above here is toward 1703/04 then possibly 1738/39, while on the downside toward 1524/25 then possibly 1476/77
***As I mentioned yesterday, a reversal in seen in the picture but yesterday drama film by the markets then again positioning today as possible reversal would keep me on standby for another day to wait for a clear signal of breakout and change of trend direction for many pairs.
With no important news releases for this week, would keep a close focus at news talks by Fed Members, Bernanke tommorow, ECB, & IMF always hints to the markets that a solution for the EuroZone problems is currently cooked in the kitchen..lets wait and see for more clear details..
Have A Great Trading Day
Hello Traders,
Forex Signals & Analysis for 28th September 2011:
Short Term Signals:
Usd/Chf Buy at 0.8880/85 then 0.8845/50, sell at 0.9060/65 then 0.9110/15
Usd/Jpy Buy at 76.25/30 then 75.95/00 then 75.70/75, sell at 77.15/20 then 77.30/35 then 77.70/75
Euro/Usd Buy at 1.3450 then 1.3385/90, sell at 1.3705/10 then 1.3765/70
Gbp/Usd Buy at 1.5500/05 then 1.5440/45, sell at 1.5745/50 then 1.5800/05
Medium Term Daily Analysis:
Usd/Chf This pair is still on uptrend, but might chnage this view if break then bases below support at 0.8910/15 targetting our short term buy signals, while a base again above resistance & retracement at 0.8980/85 would traget our short term sell signals keeping current trend movememnt
Usd/Jpy This pair based on uptrend today, above retracement at 76.55/65, break is toward our short term buy signals and low is at 76.00/10, while on the upside a base above 76.85 is to target our short term sell signals powering the new trend
Euro/Usd This pair is still on downtrend, despite a boost to the upside but closed yesterday daily candle much more below high price level leading to be squeezed today bt. support at 1.3560/65 break is to our short term buy signals, and resistance at 1.3625/30 break is to our short term sell signals
Gbp/Usd This pair is basing on uptrend today, above 1.5610/15 targetting 1.5790/00, while a break below is toward 1.5585/90, below here is to target our short term buy signals
Usd/Cad This pair is basing today on downtrend, below retracement at 1.2000/05, break is to target high at 1.0295/00, while kept basing below retracement is to target 1.0105/10 then 1.0065/70
Nzd/Usd This pair is still on downtrend, but trying to base above retracement at 0.7870/75 targetting 0.7955/60 then toward 0.8000/10 then possibly 0.8055/60, while below retracement is toward 0.7740/45 then 0.7675/80
Euro/Chf This pair is still on uptrend, above retracement at 1.2150/60 toward 1.2185/90, a base above would target 1.2225/30 then 1.2260/65 and 1.2280/85 while on the downside below rertracement is to 1.2130/35 then 1.2115/20 and possibly 1.2070
Gbp/Chf This pair is still on uptrend, retracement at 1.4000/05, break is toward1.3960/65 then 1.3940/45 and 1.3920/25, while on the upsdie toward 1.4070/75 then 1.4105/10 and 1.4135/40
Euro/Gbp This pair is still on downtrend, retracement at 0.8700/05, break is to 0.8720/25, above would target 0.8735/40 then 0.8755/60, while on the downside toward 0.8655/60 then 0.8645/50 then possibly 0.8620/25
Aud/Usd This pair is still on downtrend, but trying to base today above retracement 0.9885/90 targetting 1.0035/40 then toward 1.0095/00, while rebase below retracement is toward 0.9750/55 then low at 0.9670/80
Euro/Jpy This pair is still on downtrend, despite the big boost to above but closed downward, today squeezed bt. support at 103.90/95 break is to 102.65/70, and resistance at 104.35/40 break is to target 105.55/60 then 105.85/95, above is toward 106.15/20 and possibly 107.35/40 if a strong upward movement occurs..
Gbp/Jpy This pair is basing on uptrend today, above 119.50/55 targetting 121.30/40 then 121.60/65 and possibly 122.75/80 if a strong upward movement occurs.., while below 119.50/55 is to target 118.45/50 then possibly 117.70/75
Oil is still on downtrend but squeezed today bt. support at 82.70/75 break is to low at 80.00/05, below would extend weakness to 79.20/25, and resistance at 84.35/40 break is to 85.90/00 then 87.00/05
Gold is still on downtrend, retracement at 1661/62 break is to 1690/91 then 1709/10 then 1728/29 and possibly 1742/42, while on the downside toward 1640/41 then low at 1626/27, below would extend weakness toward 1605/06 then 1584/85 and possibly 1555/56
*** Forex Pairs had continued the reversal movements I expected at start of week, some confirmed it while others collapsed downward after the big upward boot closing at much lower price level than yesterday high price, and currently moving in bt. resistance and support tight prcie levels, while yen pairs reversed with fast boost upward due to increased talks about high possible intervention by BOJ bt. today and end of september(2 days time) so keep focus at that.
Have A Great Trading Day
Hello Traders,
Forex Signals & Analysis for 29th September 2011:
Short Term Signals:
Usd/Chf Buy at 0.8930/35 then 0.8895/00 then 0.8870/75, sell at 0.9035/40 then 0.9050/55 then 0.9105/10
Usd/Jpy Buy at 76.20/25 then 76.05/10 then 75.75/80, sell at 76.95/00 then 77.10/15 then 77.40/45
Euro/Usd Buy at 1.3465 then 1.3430/35, sell at 1.3675/80 then 1.3745/50
Gbp/Usd Buy at 1.5515/20 then 1.5490/95 then 1.5415/20, sell at 1.5670/75 then 1.5715/20 then 1.5755/60
Medium Term Daily Analysis:
Usd/Chf This pair is still on uptrend, retracement at 0.8990/95, break is to 0.8950/55, below would target our short term buy signals while on the upside toward our short term sell signals
Usd/Jpy This pair is moving sideways after failing to keep the base on yesterday uptrend start and currently moving in bt.levels, below 76.55/60 is toward our short term buy signals and low is at 76.00/10, while above is toward our short term sell signals
Euro/Usd This pair is still on downtrend, with same scenario a boost to the upside then closing below at daily candle, below 1.3555/60 targetting our short term buy signals while above 1.3590/00 is toward our short term sell signals with good resistance at 1.3740/50
Gbp/Usd This pair failed to keep yesterday uptrend start despite successful upward movement at start of day but closed downward the daily candle, below 1.5585/90 targetting our short term buy signals while above would target our short term sell signals & good resistance at 1.5755/60
Usd/Cad This pair also failed to keep the downtrend start and reversed to again base on uptrend with a successful breakout strategy, retracement at 1.0270/80, break is to 1.0115/20 then possibly 1.0060/65 while high is at 1.0380/90, above would more power the uptrend toward 1.0405/10 then possibly 1.0440/45
Nzd/Usd This pair is still on downtrend, retracement at 0.7800/10, break is to 0.7890/95 then possibly to 0.7950/55, while on the downside to target 0.7695/00 then low at 0.7660/65
Euro/Chf This pair is still on uptrend, retracement at 1.2170/75, break is toward 1.2150/55 then 1.2130/35 and possibly 1.2100/05, while above 1.2190/95 is toward 1.2230/35 then 1.2250/55 and possibly 1.2280/85
Gbp/Chf This pair is still on uptrend, retracement at 1.4000/10, break is to 1.3950/55 then possibly 1.3915/20, while on the upsdie toward 1.4085/90 then 1.4120/25 and possibly 1.4170/75
Euro/Gbp This pair still on downtrend, retracement at 0.8700 break is to 0.8715/20, above is to target 0.8740/45 then possibly 0.8765/70 while on the downside toward 0.8645/50 then 0.8630/35 and possibly 0.8590/95 with low at 0.8610/20 on the way
Aud/Usd This pair still on downtrend, retracement at 0.9820/30, break is to 0.9965/70, while low is at 0.9595/00 with support on the way at 0.9690/95 then 0.9650/55
Euro/Jpy This pair still on downtrend, after holding below yesterday retracement, today retracement is at 104.00/05, break is toward 105.55/60 with resistance on the way at 104.50/55 then 104.90/95, while on the downside is to target 103.15/20 then 102.85/90 and possibly 102.25/30
Gbp/Jpy This pair failed to keep start of day upward movement and closed downward, reversing again to downtrend below 119.30/40 targetting 118.50/55 then 118.20, while above is to target 120.25/30 then 120.75/80 and possibly 121.25/30
Gold is still on downtrend, low at 1590/91, below would extend weakness to 1571 then 1553/54 and possibly 1509/10, retracement at 1634/35 break is to 1641/42, above here is toward 1668/69 then 1696/97
Oil is still on downtrend, low is at 78.70/80, below would extend weakness toward 77.75 then possibly 75.00/10, retracement at 81.40/50, break is to 83.20, above here is to target 84.30/35
Have A Great Trading Day
Hello Traders,
Forex Signals & Analysis for 30th September 2011:
Short Term Signals:
Usd/Chf Buy at 0.8895/00 then 0.8865/70 then 0.8810/15, sell at 0.9035/40 then 0.9070/75 then 0.9120/25
Usd/Jpy Buy at 76.30/35 then 76.10/15 then 75.80/85, sell at 77.15/20 then 77.35/40 then 77.70/75
Euro/Usd Buy at 1.3485/90 then 1.3435/40, sell at 1.3705/10 then 1.3755/60
Gbp/Usd Buy at 1.5505/10 then 1.5450/55, sell at 1.5740/45 then 1.5800/05
Medium Term Daily Analysis:
Usd/Chf This pair is still on uptrend, retracement at 0.8970, break is to our short term buy signals with good support at 0.8800/10, while on the upsdie is toward our short term sell signals
Usd/Jpy This pair is still moving sideways, above 76.70 toward 76.85, break is to target our short term sell signals while below 76.70 is to target 76.55/60, below would target our short term buy signals and low is at 76.00/10
Euro/Usd This pair is still on downtrend with an overall sideways movement, below 1.3570/75 is toward our short term buy signals while a base above is toward 1.3710/20, above here would base this pair on uptrend
Gbp/Usd This pair is moving sideways with an overall sideways movement, above 1.5600 toward 1.5730/40, above here would confirm uptrend toward 1.5800/10, while break of 1.5600 is to target 1.5570/75 then below is to our short term buy signals
Usd/Cad This pair is still on uptrend, retracement at 1.0310/15, break is to 10245/50 then 1.0190/00 must hold, while high is at 1.0435/40, above would more power the trend toward 1.0480/85
Nzd/Usd This pair is still on downtrend, retracement at 0.7755/60, break is to 0.7845/50 then 0.7890/00 must hold, while low is at 0.7600/10, below here is to extend weakness to toward 0.7545/50
Euro/Chf This pair is still on uptrend, retracement at 1.2180/85, break is to 1.2170/75 then 1.2160 then 1.2135/40, while on the upside to target 1.2230/35 then 1.2235/40 then 1.2250/55
Gbp/Chf This pair is still on uptrend, retracement at 1.3960/70, break is to 1.3935/40 then 1.3895/00, while on the upsdie above 1.4010 toward 1.4070/75 then 1.4095/00 then 1.4130/35
Euro/Gbp This pair is stil lon downtrend with an overall sideways movement, retracement at 0.8715/20, break is to 0.8745/50, above here would target 0.8775/80, while low is at 0.8610/20 with supports on the way at 0.8660/65 then 0.8645/50
Aud/Usd This pair is still on downtrend, retracement at 0.9805/10, break is to 0.9900/10 then 0.9960/65, while on the downside low at 0.9560/70 with supports on the way at 0.9660/65 then 0.9605/10
Euro/Jpy This pair is moving sideways, above 104.10/15 is toward 105.35/40, break would confirm uptrend toward 105.85/90, while below 104.10/15 is toward 103.90/95, break is to target 103.15/20 then 102.55/60
Gbp/Jpy This pair is moving sideways, above 119.60/65 is toward good resistance at 120.85/95, above here would confirm uptrend targetting 121.30/35 then 121.90/95, while below 119.60/65 is to target 11.50/55 then possibly 117.75/80
Oil is still on downtrend, retracement at 82.95/00, break is to 83.95 then 85.45/50 and possibly 86.55/60, while below retracement is to target 82.40/50, below here is to target 79.55/60 then low at 79.00
Gold is still on downtrend, retracement at 1627/28, break is to 1642/43, above here is toward 1647/48 then 1663/64 and possibly 1687/88 that must hold, while low is at 1572/73, break would extend weakness toward 1558/59 then 1534/35
We have an Important News release for the Canadian Dollar currency:
- CAD GDP: Buy Usd/Cad if 0.1 or below while sell if 0.5 or above
***Other news release to keep close look at is for the Chf currency "KOF Economic Barometer", a positive or negative number would accordingly move the market with some volatility from many days of tight range espoecially for Euro/Chf which is a Good pair to trade if you are a scalper for 10-20 pips, you'll enjoy gaining every around 30 minutes buying below then selling above & vice versa or if you only like to buy this pair you can always buy below waiting for possible intervention by SNB as rumors had increased about possible peg above 1.2500 price level.
As you had realized traders, recent pairs movements(mostly sideways) had been best for breakout strategy, and buy lower sell higher usually at first short term sell & buy signals, market is not at best situation for trend strategy but you can still gaingood money by trading accurately this strategy with tight SL.
Being Adaptable to all market conditions by being a manipulator trading different strategies(exiting a failure strategy and joining the winning day strategy) according to those conditions would make you a Real Trader.
Have A Great Trading Day
Hello Traders,
Forex Signals & Analysis for 3rd October 2011:
Short Term Signals:
Usd/Chf Buy at 0.8970/75 then 0.8915/20, sell at 0.9135/40 then 0.9160/65 then 0.9240/45
Usd/Jpy Buy at 76.45/50 then 76.15/20 then 75.85/90, sell at 77.40/45 then 77.60/65 then 78.00/05
Euro/Usd Buy at 1.3280/85 then 1.3235/40, sell at 1.3580/85 then 1.3670/75
Gbp/Usd Buy at 1.5495/00 then 1.5455/60, sell at 1.5680/85 then 1.5725/30
Medium Term Daily Analysis:
Usd/Chf This pair is still on uptrend, retracement at 0.9040/45, break is to 0.9010/15, below would target our short term buy signals while above is toward our short term sell signals and high is at 0.9180/90
Usd/Jpy This pair is still basing on uptrend, retracement at 76.85/90, break is to 76.60/65, below here is toward our short term buy signals, while on the upside toward our short term sell signals and high at 76.65/70
Euro/Usd This pair is still on donwtrend, retracement at 1.3455/60, break is to 1.3520/30, above here to target our short term sell signals and 1.3665/75 must hold, while low is at 1.3280/90, below would extend weakness to 1.3230/40
Gbp/Usd This pair is still moving sideways, below 1.5550 is toward our short term buy signals, while above 1.5580/85 is toward our short term sell signals
Usd/Cad This pair is stil on uptrend, retracement at 1.0400/05, break is to 1.0360/65 then 1.0295/00, while high is at 1.0535/45, above here would more power the trend toward 1.0570/75 then 1.0600/05
Nzd/Usd This pair is still on downtrend, retracement at 0.7690/00, break is to 0.7745/50 then 0.7780/85 and 0.7820/30 must hold, while low is at 0.7530/40
Euro/Chf This pair is moving sideways, below support at 1.2130 is toward 1.2100/05 then 1.2080/85, while above resistance at 1.2165/70 is to 1.2185/90, above here would target 1.2205/10 then 1.2235/40 and possibly 1.2270/75
Gbp/Chf This pair is still on uptrend, retracement at 1.4090/95, break is to 1.4015/20, while above resistance at 1.4180/90 would more power the trend toward 1.4230/35 then 1.4270/75 and possibly 1.4380/85
Euro/Gbp This pair is still on downtrend, retracement at 0.8630/40, break is to 0.8685/95 that must hold, while a base below low at 0.8570 would extend weakness targetting 0.8520/25 then possibly 0.8490/95
Aud/Usd This pair is still on downtrend, retracement at 0.9735/45, break is 0.9795/00 then to 0.9845/55, while low is at 0.9480/90 with supports on the way as 0.9585/90 then 0.9555/60
Euro/Jpy This pair is back to downtrend with an overall sideways movement, retracement at 103.45/50 break is to 103.65/70, above here is toward 104.95/00 then 105.45/50 must hold, while on the downside to target 102.35/40 then 102.05/10
Gbp/Jpy This pair is still moving sideways with uptrend basis, retracement at 119.80/85, break is to 119.20/25, below here to target 118.80/85 then possibly 118.25/30, while on the upsdie toward 120.65/70, above here would power the trend to target 121.10/15 then 121.60/65 and possibly 122.50/55
Oil is still on downtrend, targetting low at 77.20/30, below here would extend weakness to 76.40/45 then 75.35/40, while retracement at 80.10/20, break is to 81.70/80
Gold is still on downtrend, retracement at 1628/29, break is to 1644/45, above here would target 1657/58 then 1673/74
We have 2 Important nNews Releases today for the Sterling & Dollar Currencies:
- UK Manufacturing PMI: Buy Gbp/Usd if 51 or above while sell if 47 or below
- US ISM Manufacturing PMI: Buy Usd/Chf & Usd/Jpy if 53 or above while Buy Euro/Usd & Gbp/Usd if 48 or below
* I would also keep close look at Chf retail sales and SVME PMI numbers that must effect this currency.
**Traders, do not take the forex market too seriously, as if there's something logic going there. Nothing is logical, just enjoy trading according what my daily analysis tell you and minimize risk in such mad market situations that even charts get crazy with such moves.
We currently have Euro/Usd at 1.33, despite all EuroZone problems but what about the US debt problem that is just postponed not solved.
If this pair is at this level with low rates till mid-2013 by Bernanke Fed then what would it be if bernanke decide to raise rates, we'll get Euro/Usd at 1.000 or below. I am telling you, for each situation its time, now the momentum is downward for this pair, maybe today or tomorrow it would start upward for another nonsense reason like markets and all forex tv stations heading to talk & remind about the US debt problem or they'll create any story to start a Euro upward movement.
Germany and its merkel who i do not know if she's the real president..lol is the main problem of the Eurozone besides some countries as Greece which must be removed from this zone to a better Euro future and GDP would improve fast.
Hitler must be crazy in his grave seeing germany led by such lady(this word just for respect..lol).
Have A Great Trading Day
Hello Traders,
Forex Signals & Analysis for 4th October 2011:
Short Term Signals:
Usd/Chf Buy at 0.9085/90 then 0.9030/35, sell at 0.9280/85 then 0.9305/10 then 0.9400/05
Usd/Jpy Buy at 76.20/25 then 76.00/05, sell at 77.20/25 then 77.50/55 then 77.80/85
Euro/Usd Buy at 1.3070/75 then 1.3020/25, sell at 1.3365/70 then 1.3455/60
Gbp/Usd Buy at 1.5350/55 then 1.5320/25, sell at 1.5570/75 then 1.5640/45
Medium Term Daily Analysis:
Usd/Chf This pair is still on uptrend, retracement at 0.9120/25, break is to 0.9050/60, while high is at 0.9245/50, break would more power the trend toward our short term sell signals
Usd/Jpy This pair is still moving sideways, below 76.55/60 is to target our short term buy signals and low is at 76.00/10, while above 76.70 is to 76.80, a base above is toward our short term sell signals
Euro/Usd This pair is still on downtrend, below 1.3160/70 is toward our short term buy signals, while retracement at 1.3320/30, break is to 1.3450/60
Gbp/Usd This pair reversed again to downtrend, affected by Euro weakness, retracement at 1.5510/20, break is to our short term sell signals, while on the downside to our short term buy signals and low price level is at 1.5300/10
Usd/Cad This pair is still on uptrend, retracement at 1.0460/65, break is to 1.0440/45 then 1.0390/95 then 1.0350/55, while high is at 1.0610/20 with also resistance at 1.0595/00
Nzd/Usd This pair is still on downtrend, retracement at 0.7600/10, break is to 0.7630/35 then 0.7680/85 and possibly 0.7720/25, while low is at 0.7435/40 with support at 0.7465/70 on the way, below would extend weakness toward 0.7365/70
Euro/Chf This pair is still moving sideways, below 1.2120/25 is to target 1.2105/10 then 1.2090/95 and possibly 1.2065/70, while above 1.2155 is to 1.2170/75 then 1.2185/90, break is to 1.2205/10
Gbp/Chf This pair is still on uptrend, retracement at 1.4140/45, break is to 1.4080/85 then 1.40445/50 and 1.4020/25 must hold, while high is at 1.4225/30, break would more power the trend toward 1.4290/95 then possibly 1.4320/25
Euro/Gbp This pair is still on downtrend, below 0.8530/35 would extend weakness toward 0.8485/90 then 0.8460/65, while retracement at 0.8595/00, break is to 0.8625/30 then 0.8670/75
Aud/Usd This pair is still on downtrend, low at 0.9380/85 with supports on the way at 0.9440/45 and 0.9405/10, while retracement at 0.9630/40, break is to 0.9680/85 then 0.9755/60
Euro/Jpy This pair is still on downtrend, low is at 100.70/75, below would extend weakness toward psycological level at 100 and increase possibility of intervention or a big spike, retracement at 102.15/20 break is to 103.00/10 then possibly 103.95/00
Gbp/Jpy This pair is back to downtrend, retracement at 118.85/95, break is to 120.15/25, while on the downside to target 117.15/20 then 116.70/75
Oil is still on downtrend, low at 75.50/60, below would extend weakness to 74.75 then 74.00, while retracement at 78.35/45, break is to 79.30/40 then 80.50/60
Gold is trying to break downtrend to uptrend, above 1670 is to 1681/82 then 1692/93 and possibly toward 1719/20, while below support at 1648/49 is keeping downtrend momentum toward 1620/21 then 1603
We have Very Important News Releases today:
- UK Construction PMI: Buy Gbp/Usd if 53 or above while sell if 49 or below
- AUD RBA Rate Statement: Buy Aud/Usd if rate is increased from current 4.75% while sell if decreased, expectation that current rate would be kept, so would focus on RBA statement if dovish or not
Also, ECB President Trichet would speak & Fed Chairman Bernanke would Testify, so traders must keep close look at what they would say because that must surely effect the markets.
I am seeing some kind of unusual market movement happening especially for yen pairs that might lead to intervention if market price for those pairs do not retrace to the upward fast but kept collapsing especially Euro/Jpy that is dragging the other yen pairs downward with it
Have A Great Trading Day
Hello Traders,
Forex Signals & Analysis for 5th October 2011:
Short Term Signals:
Usd/Chf Buy at 0.9100/05 then 0.9070/75 then 0.9000/05, sell at 0.9255/60 then 0.9305/10 then 0.9345/50
Usd/Jpy Buy at 76.45/50 then 76.30/35 then 76.05/10, sell at 77.05/10 then 77.20/25 then 77.45/50
Euro/Usd Buy at 1.3150/55 then 1.3060/65, sell at 1.3460/65 then 1.3510/15 then 1.3650/55
Gbp/Usd Buy at 1.5345/50 then 1.5280/85, sell at 1.5560/65 then 1.5595/00 then 1.5695/00
Medium Term Daily Analysis:
Usd/Chf This pair is still on uptrend, retracement at 0.9130/35, break is to our short term buy signals and good support at 0.9060/70, while high is at 0.9245/55, break is to our other 2 short term sell signals
Usd/Jpy This pair is still moving sideways, above 76.75/80 is to target our short term sell signals while below is to 76.65/70, below here would target our short term buy signals
Euro/Usd This pair is still on downtrend, currently held at retracement 1.3355/60, break is to 1.3445/55, above here would possibly target good resistance at 1.3585/95, while low is at 1.3230/40, below here is to our short term buy signals
Gbp/Usd This pair is still on downtrend, currently held at retracement 1.5495/00, break is to 1.5515/20, above would target our short term sell signals with good resistance at 1.5645/55
Usd/Cad This pair is still on uptrend, but in past 2 hours collpased powerfully downward, today retracement at 1.0480/90, break is to 1.0440/45 then 1.0410/15 and possibly toward 1.0370/80, while high is at 1.0650/60, break is to more power the trend toward 1.0705/10 then possibly 1.0755/60
Nzd/Usd This pair is still on downtrend, retracement at 0.7620, break is to 0.7685/90 then 0.7705/10 & 0.7725/30, while low is at 0.7410/20 with support on the way at 0.7460/65
Gbp/Chf This pair is still on uptrend, retracement at 1.4150/55, break is to 1.4110/15 then possibly 1.4070/80 good support that must hold, while high is at 1.4235/45, break is to more power the trend toward 1.4255/60 then 1.4290/95 and possibly 1.4345/50
Euro/Chf This pair is again on uptrend after sideways movement, retracement at 1.2195/05, break is to good support at 1.2140/50 that must hold, while high is at 1.2280/90, above would more power the trend targetting 1.2320/25 then 1.2365/70 and possibly toward 1.2455/60
Euro/Gbp This pair still on downtrend, despite trying to base above retracement at 0.8615/20 targetting 0.8660/65 then 0.8680/85, above here might be hard but if occur would more power the breakout to 0.8710/15, while low is at 0.8550/60, break is to 0.8520/30
Aud/Usd This pair is still on downtrend, retracement at 0.9600/10, break is to 0.9675/80 then 0.9715/25, while low is at 0.9350/60 with support on the way at 0.9390/95
Euro/Jpy This pair is still on downtrend, retracement at 102.55/65, break is to 103.05/10, above here would target 103.55/60 then 104.00/05 and possibly 105.25/30, while low is at 101.10/20
Gbp/Jpy This pair is still on downtrend, retracement at 119.00/10, break is to 119.60/65 then 119.95/05 that must mainly hold but if broken is to target 120.80/90
Oil is still on downtrend, retracement at 78.55/60, break is to 79.65/70 then 80.10, above is toward 80.50/55 and possibly 82.60/65, while low is at 75.35/40, below would target 75.05/10 then possibly 73.65/70
Gold is still on downtrend, retracement at 1631/32, break is to 1642/43 then good resistance at 1648/49, above here would possibly target 1686/87, while low is at 1544/45 with support on the way at 1573 then 1549/50
We have 3 Important News Releases today for the Sterling & Dollar Currencies:
- UK Services PMI: Buy Gbp/Usd if 52 or above while sell if 49 or below
- ADP Non-Farm Payroll Change: Buy Usd/Chf & Usd/Jpy if above 100K while Buy Euro/Usd & Gbp/Usd if below 30K
- US ISM Non-Manufacturing PMI: Buy Usd/Chf & Usd/Jpy if 55 or above while Buy Euro/Usd & Gbp/Usd if 50 or below
*** The market is facing a decisive day with Important news releases coming on.., the huge spike movement and powering for the Euro & most major currencies against the dollar & yen weakness would have 2 explanations and possible options.
First, just a normal(but fast) movement toward retracement then back down for downtrend pairs, second is new trend might be starting to appear after a possible reversal price level been confirmed.
So we'll wait as usual for clear confirmation to see where the market is heading.
Have A Great Trading Day
Hello Traders,
Forex Signals & Analysis for 6th October 2011:
Short Term Signals:
Usd/Chf Buy at 0.9145/50 then 0.9110/15 then 0.9070/75, sell at 0.9280/85 then 0.9305/10 then 0.9365/70
Usd/Jpy Buy at 76.45/50 then 76.30/35 then 76.05/10, sell at 77.10/15 then 77.25/30 then 77.50/55
Euro/Usd Buy at 1.3250/55 then 1.3205/10 then 1.3150/55, sell at 1.3415/20 then 1.3450/55 then 1.3520/25
Gbp/Usd Buy at 1.5380/85 then 1.5345/50 then 1.5305/10, sell at 1.5515/20 then 1.5545/50 then 1.5600/05
Medium Term Daily Analysis:
Usd/Chf This pair is still on uptrend, retracement at 0.9180/90, break is to our short term buy signals while high is at 0.9295/05, break would more power the trend toward 0.9360/70
Usd/Jpy This pair is still moving sidways, above 76.80 might target our short term sell signals while below 76.70 might target our short term buy signals
Euro/Usd This pair is still on downtrend, retracement at 1.3345/50, break is to 1.3435/40, above here is toward our other short term sell signals and 1.3555/60 must hold, while low is at 1.3210/20
Gbp/Usd This pair is still on downtrend, retracement at 1.5470/80, break is to 1.5520/30, above here is toward our other 2 short term sell signals and good resistance at 1.5620/30, while low is at 1.5310/20
Usd/Cad This pair is squeezed today bt. resistance at 1.0435/45, break is to 1.0555/60 then 1.0630/35 and high is at 1.0655/60, and support at 1.0370/80, break is to 1.0315/20 then 1.0275/80 and possibly to strong support at 1.0160/70
Nzd/Usd This pair is still on downtrend, above resistance at 0.7695/00 is to target 0.7715/20 then 0.7740/45 and possibly 0.7815/20, while below support at 0.7640/50 is to 0.7555/60 then 0.7510/15 and possibly 0.7470/75
Euro/Chf This pair is still on uptrend, retracement at 1.2260/70, break is to 1.2210/20 while high is at 1.2330/35, a base above would more power the trend to target 1.2395/00 then 1.2435/40 and possibly toward 1.2515/20
Gbp/Chf This pair is still on uptrend, retracement at 1.4210/20, break is to 1.4155/65 and possibly to 1.4110/20, while high is at 1.4290/00, above here is to more power the trend targetting 1.4340/45 then 1.4375/80 and possibly 1.4450/60
Euro/Gbp This pair is squeezed bt, resistance at 0.8650 break is to 0.8675/80, above would target 0.8710/15 changing trend direction, while support at 0.8620, break is toward 0.8585/90 keeping downtrend then 0.8565/70 and possibly 0.8540/45
Aud/Usd This pair is also squeezed bt. resistance at 0.9710/20, break is to 0.9740/45 then 0.9780/85 and possibly 0.9895/00 changing trend direction, while support at 0.9640/50, break is to 0.9500 then keeping trend direction toward 0.9425/30 and possibly 0.9360/70
Euro/Jpy This pair is still on downtrend, retracement at 102.45/55, break is to 103.05/10 then 103.35/40 and 104.00/10, while low is at 101.10/20 with support on the way at 101.55/60
Gbp/Jpy This pair still on downtrend, retracement at 118.80/85, break is to 119.00/10, above here is to taregt 109.35/40 then 119.65/70 then 120.20/25, while on the downside toward 117.90/00 then 117.55/60 and possibly 117.10/15
Oil is squeezed today bt. resistance at 80.10/20, break is to 81.20/25 then 81.85/90 and possibly towrd 83.80/90, while support at 79.10/20, break is toward 77.10/20 then 75.80/90 and possibly 74.80/90
Gold is also squeezed bt. resistance at 1648/49 break is toward 1666/67 then 1677/78 and possibly toward 1708/09, while support at 1634/35 break is to 1598/99 then 1579/80 then possinly to 1560/61
We have Very Crucial News Releases today for the Sterling and Euro Currencies:
- UK BOE Interest Rate: Buy Gbp/Usd if 0.75% while sell if 0.25%
Would also Keep close look at MPC Rate Statement if dovish or hawkish, BOE might decrease rates so sterling might weaken but if no decrease occur the statement would be a must to decide the sterling pairs near future direction
_ Euro ECB Interest Rate: Buy Euro/Usd if 1.75% while sell if 1.25%
Would keep close look at ECB Press conference to see what would be the language if strong or not regarding current Euro countries debt problems.
*** I can't understand what the heck Bank Of Japan is doing?!! Maybe collecting the Charity Foundation moneyin the name of "BOJ CF" to later on intervene in the markets..lol
Exports are on the ground effecting many big japanese companies, so instead of providing them with the money, why don't BOJ intervene and save them from yen powering that is leading to their problems.
On the other hand, help us traders gain big quick money from such intervention.
Usd/Jpy is marking daily higher lows, meaning each day low is higher than the previous one, it is like increasing 10 pips each day, but if this rythym continues we might not find this pair boosting to the upward with no intervention but an ant upward movement with also the possibility of downward breakout if such higher lows is broken later on
This pair current situation with also other yen pairs is showing a possible intervention status, becasue no better situation than the current for intervention, so buy orders can be triggered for this pair if yet traders do not have any order at below prices from past days, with open Take profit or you might set it at 79.40 or below 80 a little if you are not around
Traders didn't expect SNB to intervene powerfully as had done so far, on the other hand thinking that BOJ would always step to defend the yen from rising, but it seem BOJ is just for talks no actions, while SNB pegging Euro/Chf with warning language from time to time and you are realizing how Chf pairs are in stable upward movement..
The solution is not only intervention since this pair might fast go downward again as had done that so far, but strong language is necessary and best is set floor level for this pair that would also rise the other yen pairs with it as done by SNB for Chf pairs.
I think that the Central Banks can't cheat all traders even the newbies, because it's not a secret that they control the forex market, as Swiss National Bank(SNB) had been manipulating prices by keeping Euro/Chf in tight range then powering it upward, the same can be down for Usd/Jpy. But it seem that the decision hadn't yet been taken by major Central Banks for such Crucial Step.
Have A Great Trading Day