Forex Buy & Sell Trading Signals - page 11
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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
Hello Traders,
Forex Signals & Analysis for 31st October 2011:
Short Term Signals:
Usd/Chf Buy 0.8585/90 then 0.8565/70 then 0.8535/40, sell at 0.8665/70 then 0.8680/85 then 0.8710/15
Usd/Jpy Buy at 75.55/60 then 75.45/50 then 75.30/35, sell at 76.00/05 then 76.15/20 then 76.30/35
Euro/Usd Buy at 1.4105/10 then 1.4090/95 then 1.4050/55, sell at 1.4200/05 then 1.4225/30 then 1.4250/55
Gbp/Usd Buy at 1.6080/85 then 1.6035/40 then 1.6000/05, sell at 1.6175/80 then 1.6195/00 then 1.6240/45
Medium Term Daily Analysis:
Usd/Chf This pair is still on downtrend, retracement at 0.8670/80, break is to the other short term sell signal and Good Resistance is at 0.8800, while low is at 0.8545/55
Usd/Jpy This pair is still on downtrend basis with overall sideways movement, retracement at 75.85/90, break is to 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 1.4070/80, break is to target 1.4050/55, below here would extend weakness toward 1.4000, while on the upside toward High at 1.4250/60
Gbp/Usd This pair is still on uptrend, retracement at 1.6070/75, break is to 1.6030/35, below is toward 1.6000, then possibly to extend weakness toward 1.5950/55, while High is at 1.6215/25
Usd/Cad This pair is still on downtrend, retracement at 0.9965/75, break is to 1.0000/05 then 1.0030/35, while on the downside low is at 0.9840/50 with support on the way at 0.9870/80
Nzd/Usd This pair is still on uptrend, retracement at 0.8145/55, break is to 0.8125/30 then 0.8090/95, while on the upside is to 0.8255/60 then High at 0.8280/85
Euro/Chf This pair is still on downtrend basis with overall sideways movement, retracement at 1.2215/20, break is toward 1.2250/55 then 1.2265/75 and possibly 1.2295/00 while on the downside toward 1.2170/75 then low at 1.2155/60, below would extend weakness toward 1.2125/30
Gbp/Chf This pair is still on downtrend basis with overall sideways movement, retracement at 1.3935/45, break is to 1.3965/70 then 1.3990/95 and possibly 1.4055/60, while on the downside low is at 1.3855/60, below would extend weakness toward 1.3830/35 then 1.3790/95 and possibly 1.3750/55
Euro/Gbp This pair is still on uptrend, retracement at 0.8760/65, break is to 0.8735/40, below is toward 0.8715/20 and possibly to 0.8700, while on the upside toward High at 0.8815/25, above would extend trend power toward 0.8835/40 then possibly 0.8850/55
Aud/Usd This pair is still on uptrend, retracement at 1.0610/20, break is to 1.0580/85 while on the upside High is at 1.0850/60 with resistance on the way at 1.0745/50 then 1.0770/75 and 1.0810/15
Euro/Jpy This pair is still on uptrend, retracement at 106.80/90, break is to 106.55/60 then Good Support at 106.10/15, while on the upside toward 107.85/90 then 108.20/25 then High at 108.50/55
Gbp/Jpy This pair is still on uptrend, retracement at 121.90/95, break is to 121.70, below would target 1.2155/60 then 121.35/40, while on the upside toward 122.50/55 then 122.65/70 and High at 123.30/40 if breaks above Resistance at 122.95/00
Oil is still on uptrend, retracement at 92.70/75, break is to 91.90/95 then 91.10/15 and possibly 90.30/35, while on the upside is toward 94.60/65 then 95.15/20 and High is at 95.90/00
Gold is still on uptrend, retracement at 1728/29, break is to 1722/23 then 1712/13, while on the upside toward High is at 1749/50, above would power the trend toward 1756/57 then 1762/63 then 1772/73
Have A Great Trading Day
Hello Traders,
Forex Signals & Analysis for 1st Novemebr 2011:
Short Term signals:
Usd/Chf Buy at 0.8610/15 then 0.8540/45, sell at 0.8855/60 then 0.8895/00
Usd/Jpy Buy at 75.55/60 then 75.15/20, sell at 80.60/65 then 81.70/75
Euro/Usd Buy at 1.3685/90 then 1.3610/15, sell at 1.4155/60 then 1.4295/00
Gbp/Usd Buy at 1.5930/35 then 1.5865/70, sell at 1.6210/15 then 1.6270/75 then 1.6375/80
Medium Term Daily Analysis:
Usd/Chf This pair is trying to base on uptrend but currently Neutral squeezed bt. support at 0.8730/35, break is keeping downtrend targetting our short term buy signals and low is at 0.8660/70, and resistance at 0.8790/00, above would target our short term sell signals and possibly to Good Resistacne at 0.8925/30 then 0.8970/80 but would well filter below 0.9000
Usd/Jpy This pair is on uptrend basis after yesterday Intervention, retracement at 77.20/30, break is to 76.60/70, below would target our short term buy signals while on the upside High Support at 77.80/90, kept basing above is to target our short term sell signals
Euro/Usd This pair is basing on downtrend today, belwo retracement at 1.3920/25, break is to 1.3945/50, above here would target 1.4065/70 then to our short term sell signals and High is at 1.4200/10, while on the downside targetting our short term buy signals
Gbp/Usd This pair is still on uptrend, retracement at 1.6055/65, break is to 1.6030/35 then 1.5980/90, below is toward our short term buy signals while on the upsdie to target the short term sell signals and High is at 1.6230/40
Usd/Cad This pair is still on downtrend, retracement at 0.9990/00, break is to 1.0060/70, above would target 1.0090/95 then possibly extending power toward 1.0155/60, while on the downside toward 0.9905/10 then low at 0.9860/70, below is extending weakness to 0.9815/20
Nzd/Usd This pair turned Neutral today, squeezed bt. support at 0.8045/50, break is toward 0.7990/95 then 0.7950/55 and possibly 0.7845/50, and resistance at 0.8095/00, break is toward 0.8210/20 then High at 0.8250/60
Euro/Chf This pair is still on downtrend, retracement at 1.2185/95, break is to 1.2220/25 then 1.2255/60 and possibly 1.2290/95, while low is at 1.2130/40, below would extend weakness toward 1.2100/05 then Good Support at 1.2080/85
Gbp/Chf This pair is basing on uptrend today, above retracement at 1.4050/55, break is to 1.4030/35, below would target Good Support at 1.3885/90, while on the upside targetting 1.4120/30, above is toward 1.4220/25 then 1.4280/85
Euro/Gbp This pair is on downtrend, below rertacement at 0.8675/80, break is to 0.8705/10, above is toward 0.8775/80, while low is at 0.8595/00, below would extend weakness toward 0.8520/25 then 0.8475/80
Aud/Usd This pair turned Neutral, squeezed bt. support at 1.0455/65, break is to 1.0430/35 then 1.0380/85, and resistance at 1.0555/65, above would keep uptrend targetting 1.0705/10 then 1.0785/90
Euro/Jpy This pair is still on uptrend, retracement at 107.90/95, break is to 106.95/00 then 105.60/65, while on the upside toward High at 109.00 then 109.45/50, above would extend trend power toward 111.85/90
Gbp/Jpy This pair is still on uptrend, retracement at 124.10/20, break is to 122.45/50, while High Support at 125.00/05, break is to 124.70/75, kept basing above would target 128.90/95
Gold turned Neutral bt. resistance at 1716/17, break is to 1731/32 then High at 1746/47, and support at 1689/90, break is to 1673/74 then 1669/70
Oil is still on uptrend, retracement at 92.40/50, break is to 90.90/95 then 90/05/10 and possibly 88.85/90, while on the upside toward 94.20/25 then 95.00/10 and High is at 95.70/80
We have 2 Important News Releases today for the Sterling & Dollar Currencies:
- UK GDP: Buy Gbp/Usd if 0.6% or above while sell if 0.2% or below
- US ISM Manufacturing PMI: Buy Usd/Chf & Usd/Jpy if 54 or above while Buy Euro/Usd & Gbp/Usd if 50 or below
***After Yesterday Intervention by the BOJ which we were long waiting holding Long orders for Usd/Jpy pair, at last the Prize was Big Big Big. All Currencies weakened fast against the Dollar Currency during & also after the Intervention especially the Euro/Usd that kept falling downward.
I expect retracement movement for some pairs today especially those that had big Bullish or Bearish daily candle closes yesterday. So, it would not be a bad idea to trade at retracement today with being cautious as always for the possibility of a breakout especially for pairs that are currently holding around or near retracement price level
There have been talks about Round 2 of Intervention today but I ruled that out but not 100% despite that I cheer the idea of second & even third Intervention in consecutive days till Usd/Jpy pair bases above 80.00 if not 82 & 85, so sellers of this pair understand once and forever not to send it to new or past historic lows anymore.
Anyway, if they do that again, it would be a new opportunity for us to gain more Big Money again by buying at dips.
Have A Great Trading Day
Hello Traders,
Forex Signals & Analysis for 2nd November 2011:
Short Term Signals:
Usd/Chf Buy at 0.8730/35 then 0.8665/70 then 0.8570/75, sell at 0.9000/05 then 0.9060/65 then 0.9160/65
Usd/Jpy Buy at 77.70/75 then 77.45/50 then 76.90/95, sell at 79.05/10 then 79.40/45 then 79.85/90
Euro/Usd Buy at 1.3535/40 then 1.3460/65, sell at 1.3895/00 then 1.3985/90
Gbp/Usd Buy at 1.5825/30 then 1.5770/75, sell at 1.6100/05 then 1.6175/80
Medium Term Daily Analysis:
Usd/Chf This pair confirmed uptrend yesterday, but Bernanke not resting at the corner..lol, retracement at 0.8810/15, break is to 0.8780/85, below here would target our short term buy signals while on the upside targetting our short term sell signals
Usd/Jpy This pair is still on uptrend, High support at 78.20/25, break is to retracement at 77.75/85, break is toward the other short term buy signals, while on the upside toward our short term sell signals
Euro/Usd This pair is still on downtrend from yesterday, retracement at 1.3810/20, break is toward our short term sell signals while on the downside to target our short term buy signals
Gbp/Usd This pair is on downtrend today, retracement at 1.5990/00, break is to our short term sell signals while on the downside toward our short term buy signals with first Good support at 1.5825/35
Usd/Cad This pair is on uptrend today, retracement at 1.0100/05, break is to 1.0060/70, below is toward 0.9980/85, while on the upside High support at 1.0150, kept basing above would power the trend toward 1.0305/10 then 1.0355/60
Nzd/Usd This pair is on downtrend today, retracement at 0.8020/25, break is to 0.8040/50, above here would target 0.8100/05 then 0.8175/80, while on the downside low resistance at 0.7960/70, kept basing below would power the trend toward 0.7845/50 then 0.7800/05 and possibly all the way toward low at 0.7690/00
Euro/Chf This pair is still on downtrend, retracement at 1.2175/85, break is toward 1.2210/15 then 1.2240/45 and possibly 1.2265/70, while low is at 1.2110/20, below would extend weakness toward 1.2085/95(buy) and possibly 1.2045/50(buy)
Gbp/Chf This pair is still on uptrend, High support at 1.4110/15, break is to retracement at 1.4090/95, break is to 1.4045/55, below here would target 1.3985/95, while on the upside toward 1.4280/85 then High at 1.4340/50
Euro/Gbp This pair is still on downtrend, retracement at 0.8635/40, break is to 0.8660/65 then 0.8700/05, while low is at 0.8580/85, below would extend weakness toward 0.8530/35 then 0.8510/15 and possibly 0.8470/75
Aud/Usd This pair is on downtrend today, retracement at 1.0435/45, break is toward 1.0565/70 then possibly 1.0680/85 while on the downside toward support at 1.0255/65, below is to target 1.0165/70 then 1.0090/95
Euro/Jpy This pair turned Neutral today, squeezed bt. resistance at 107.50/60, break would keep uptrend to target 109.40/45 then possibly 110.40/45, and support at 107.70/75, break is to target 105.65/70 then possibly 104.90/95
Gbp/Jpy This pair is still on uptrend, High support at 124.60/65, break is to retracement at 124.30/40, break would target 123.45/50 then 122.75/80, while on the upside toward High at 125.25/35, above would power the trend to target 126.95/00 then 127.85/90
Oil turned Neutral today, squeezed bt. resistance at 91.70/75, break is toward 93.80/85 then 94.90/95, and support at 91.20/25, break is toward 88.75/80 then 87.40/45 and possibly 85.75/80
Gold is still Neutral, squeezed bt. resistance at 1719/20, break is to 1732 then 1741/41 then High at 1751/52, and support at 1698, break is to 1680/81 then 1665/66 and possibly 1649/50
We have 2 Important News Releases today for the Dollar Currency:
- US ADP Non- Farm Employment change: Buy Usd/Chf & Usd/Jpy if 135K or above while Buy Euro/Usd & Gbp/Usd if 70K or below
- US FOMC Statement, Interest rate, & Press Conference: Fed Chairman Ben Bernanke press conference would be the crucial news for today and traders would wait for what he would say as hint of QE3 which I do not think is possible or any hints about future interest rate, monetary easing & many other factors.., so stay tuned for Bernanke Talks at late hours today
*Take Note Traders that there's being 1 hour delay than past months in posting my Daily Signals & Analysis due to difference in brokers New Daily Open Candle becasue of recent change in time zone in many countries all over the world.
Have A Great Trading Day
Hello Traders,
Forex Signals & Analysis for 3rd November 2011:
Short Term Signals:
Usd/Chf Buy at 0.8765/70 then 0.8730/35 then 0.8670/75, sell at 0.8915/20 then 0.8955/60 then 0.9000/05
Usd/Jpy Buy at 77.75/80 then 77.65/70 then 77.40/45, sell at 78.40/45 then 78.60/65 then 78.80/85
Euro/Usd Buy at 1.3605/10 then 1.3540/45 then 1.3450/55, sell at 1.3870/75 then 1.3925/30 then 1.4030/35
Gbp/Usd Buy at 1.5870/75 then 1.5835/40 then 1.5760/65, sell at 1.6050/55 then 1.6100/05 then 1.6155/60
Medium Term Daily Analysis:
Usd/Chf This pair is still on uptrend, retracement at 0.8810/15, break is to our short term buy signals while on the upside toward our short term sell signals with first resistance at 0.8895/00
Usd/Jpy This pair is still on uptrend, retracement at 77.75/85, break is to our other short term buy signals while on the upside targetting High at 78.40/45 then to the other short term sell signals
Euro/Usd This pair is still on donwtrend, retracement at 1.3800/10, break is to our short term sell signals while on the downside toward our short term buy signals and low is at 1.3450/60
Gbp/Usd This pair is still on downtrend, retracement at 1.5980, break is to 1.6005/10 then 1.6020/25, above is to our short term sell signals while on the downside is to our short term buy signals with first support at 1.5860/70
Usd/Cad This pair is still on uptrend, retracement at 1.0100/10 with High support at 1.0130, break is to 1.0050/60, below would target 1.0040/45 then possibly 0.9970/75, while on the upside toward 1.0230/35 then 1.0270/75 then 1.0320/25
Nzd/Usd This pair is still on downtrend, retracement at 0.7950/60, break is to 0.7975/80 then 0.8020/30, above would target 0.8065/70, while on the downside toward 0.7815/20 then 0.7780/85 and possibly low at 0.7720/25
Euro/Chf This pair is still on downttrend, retracement at 1.2165/75, break is to 1.2195/05 then 1.2215/20, while on the downside toward 1.2120/25 then 1.2110/15 then low is at 1.2085/95
Gbp/Chf This pair is still on uptrend, retracement at 1.4085/90, break is to 1.4040/50 then 1.4025/30 then 1.3995/00 and possibly 1.3930/35, while on the upside would find first resistance at 1.4105/10, above is toward 1.4180/85 then 1.4225/30 and possibly 1.4270/75
Euro/Gbp This pair is still on downtrend, retracement at 0.8630/40, break is toward 0.8660/65 then 0.8685/90 and possibly 0.8725/30, while on the downside low is at 0.8570/80, below would extend weakness toward 0.8555/60 then 0.8525/30 and possibly 0.8495/00
Aud/Usd This pair is still on downtrend, retracement at 1.0390/00, break is to 1.0435/45 then 1.0460/65, above is to target 1.0495/00 then possibly 1.0560/65, while on the downside toward first support at 1.0290/95, below is to target 1.0240/50 then 1.0200/05 then possibly 1.0120/25
Euro/Jpy This pair is still Neutral, moving bt. resistance at 107.35/45, break is to 108.00/05 then 108.35/40 and High is at 108.65/70, and support at 106.85/90, break is to 106.65/70 then 106.30/35 and possibly 105.80/85
Gbp/Jpy This pair is still on uptrend, but with downward momentum so might change the view today, rertacement at 124.30/35, break is to 123.95/00 then 123.70/75 and possibly 123.15/20, while on the upside toward High at 125.25/35, above would power the trend toward 125.65/70 then 126.00/05
Gold is on uptrend basis today, rertacement at 1730/31, break is to 1711/12, below is toward 1702/03 then possibly 1690/91, while on the upside toward 1754/55 then High at 1762/63 and possibly extend trend power to 1780/81
Oil is on uptrend basis today, retracement at 92.35/40 break is to 91.90/95, below toward 90.70/75 then 89.65/70 and possibly 88.40/45, while on the upside toward 94.50/55 then 95.35/40 then High is at 95.80/85
We have 2 Important News Releases today for the Sterling & Euro Currencies:
- UK Services PMI: Buy Gbp/Usd if 54 or above while sell if 50 or below
- EU ECB Rate Decision: Buy Euro/Usd & Gbp/Usd if 1.75% while Buy Usd/Chf & Usd/Jpy if 1.25%
While Focus would be at ECB New President Mario Draghi who traders would have well concentration at what he'll say at his new mission leading the Eurozone as ECB President, so keep tuned and wait for market price action to decide coming direction for Euro Currency and pairs.
Have A Great Trading Day