Euro/Usd sell 1.4655/60 then 1.4710/15 then 1.4770/75, buy 1.4460/65 then 1.4420/25 then 1.4340/45
Gbp/Usd sell 1.6695/00 then 1.6650/55 then 1.6715/20, buy 1.6360/65 then 1.6285/90
Usd/Chf buy 0.8770/75 then 0.8730, sell 0.8925/30 then 0.8955/60 then 0.9020/25
Usd/Jpy buy 81.25/30 then 81.00/05, sell 82.60/65 then 82.95/00
Usd/Cad buy 0.9455/60, sell 0.9570/75 then 0.9590
Euro/Jpy buy 118.10/15, sell 120.35/40
Gbp/Jpy sell 136.10/15, buy 134.35/40
Gbp/Chf buy 1.4545/50, sell 1.4685/90 then 1.4710/15
Euro/Chf sell 1.2995/00 then 1.3045/50, buy 1.2775/80
Euro/Gbp sell 0.8880/85, buy 0.8750/55
Aud/Usd sell 1.0795/00, buy 1.0670/75
Nzd/Usd sell 0.8055/60 then 0.8080/85, buy 0.7940/45
Medium Term Strategy:
Euro/Usd this pair still on uptrend, must move bt. high at 1.4640/50 and retracement is at 1.4500/05 break here is to 1.4440/50 then break is to 1.4330/40
Gbp/Usd this pair still on uptrend, must move today bt. 1.6560/70 and retracement at 1.6440/50, break here is to 1.6330/35
Usd/Chf this pair still on downtrend, only break of 0.8890/00 would take it up again to 0.8940 then break is to 0.9000 while below is to 0.8790
Usd/Jpy this pair still on downtrend, only break of 82.20/30 is to 83.00 then break is to 83.40 while below is 81.20/30
Aud/Usd this pair still on uptrend, retracement is at 1.0670/75 then 1.0570/80 while high must be its current high price for today at 1.0755/60
Nzd/Usd this pair srtill on uptrend, must move bt. high at 0.81000 and retracement at 0.7970/80 then break is to 0.7920/30
Usd/Cad this pair srtill on downtrend, must move bt. low at 0.9480 while only break of 0.9540 is to 0.9580 then beak is to 0.9620
Euro/Chf this pair moving sideways after it reversed from 2 days, today must move bt. break of 1.2920 is to 1.2990/00 while break of 1.2890 is to 1.2800 then 1.2760/70
Gbp/Chf this pair moving sideways after it reversed from 3 past days, today looking to base on 1.4620 low to go to high at 1.4740, while break of said support is to 1.4540/50
Euro/Gbp this pair moving sideways after reversal from 2 days, must move today bt. low at 0.8780 break is to 0.8730/40 and high at 0.8830/40 break is to 0.8875/80
Euro/Jpy this pair moving sideways after reversal from 3 days, today must move bt. high at 119.90/00 if breaks 119.60 then to 120.40 while low is to 118.60 then 118.20
Gbp/Jpy this pair moving sideways after reversal from 2 days, today lookig to base below 135.70/80 but also above 134.80, break here might target 133.70./0 while break of said high might target 137.00
Be Aware market would move slowly today with lower prcie range & higher spread due to holidays( banks, investing companies, ... are close), and our targets might not be hit easily for both short and medium term strategies but we're as always ready for any possibility that might occur in market action.
Euro/Usd sell 1.4615 then 1.4640/45, buy 1.4500/05 then 1.4475/80
Gbp/Usd buy 1.6470/75 then 1.6455/60 then 1.6410/15, sell 1.6565/70 then 1.6590/95 then 1.6615/20
Usd/Chf buy 0.8820/25 then 0.8805/10, sell 0.8890/95 then 0.8910
Usd/Jpy sell 82.50/55, buy 81.55/60 then 81.40 then 81.20
Euro/Jpy sell 120.15 then 120.55/60, buy 118.60 then 118.30/35 then 117.85/90
Gbp/Jpy sell 136.15/20 then 136.60, buy 134.50/55 then 134.20/25 then 133.70
Usd/Cad buy 0.9495/00, sell 0.9555/60 then 0.9575/80
Nzd/Usd buy 0.7980 then 0.7960, sell 0/8050/55 then 0.8070/75
Aud/Usd sell 1.0785/90, buy 1.0695/00 then 1.0675/80
Gbp/Chf buy 1.4575/80 then 1.4555/60 then 1.4510/15, sell 1.4675/80 then 1.4705/10 then 1.4740
Euro/Gbp sell 0.8850/55 then 0.8865/70, buy 0.8790/95 then 0.8780 then 0.8760/65
Euro/Chf sell 1.2935/40 then 1.2955/60 then 1.2985/90, buy 1.2860 then 1.2840/45 then 1.2815/20
Medium Term Strategy:
Usd/Jpy This pair is trying to go out of its shell of 10 past days in downtrend, only a break of 82.75 would confirm it to 83.40/45, while low is at 81.30
Aud/Usd This pair still on uptrend, today must move bt. high at 1.0785/90 and break of 1.0700 is to 1.0600 then 1.0500 if there's enough sell power to go here
Gbp/Usd This pair still on uptrend, today must move bt. 1.6580/90 high(filtering below 1.6600) and low at 1.6470/80 only break here is change of direction to 1.6370/80
Nzd/Usd This pair still on uptrend, today must move bt. high at 0.8100/10 and break of 0.7990 is to 0.7940/45 then 0.7820/25 if there's enough volatility and sell power to go here
Usd/Cad This pair couldn't come out of its shell, and today moving bt. low at 0.9480/85 and only break of 0.9535.40 is to 0.9575/80 and change of direction to continue to around 0.9600/10
Usd/Chf This pair is still on downtrend, today must move bt. low at 0.8760/65 and only break of 0.8875/80 is to 0.8920 then up to 0.9000 confirming change in direction then break is to 0.9040/50 might not come today but tommorow due to price range but we are always ready...
Euro/Usd This pair is still on uptrend, today must move bt. high at 1.4655/60 while break of low at 1.4520 is to 1.4455/60 then break here is to as low as 1.4360 if there's enough volatility and sell power
Euro/Chf This pair moving sideways from many days, today might be the turning point either up or down trend due to being squeezed in small area bt. support and resistance to decide who'll win bulls or bears, meaning high at 1.2990/00 or low at 1.2800 break is to 1.2760/70
Gbp/Chf The same can be said for this pair, today must move bt. 1.4730/40 high and low is at 1.4540 break is to 1.4510/15 then as low as 1.4420...
Gbp/Jpy Also this pair is in same position, basing above 136.00 is to 137.00 break is to 138.00 while below 134.60/70 then 133.75
Euro/Jpy Add this pair to the previous situations, basing above 120.00 is to 121.00 then 121.40/50 while below is 118.20/30
Euro/Gbp This pair moving sideways, basing above 0.8830 is to 0.8890/00 while below is 0.8780 then break is to 0.8730/40
Many pairs might decide direction today so keep focusing for a possible breakout to the up or down side while others if kept moving sideways price range would more squeeze and breakout would occur by tommorow...
Gold must move bt. high at 1525 while break of 1505 is to 1500 break here is targeting 1488/90
Oil must move bt. high at 113.70/80(filtering below 114.00 while below is at 111.00/20, break here is to 109.50/60
We have an Important news release today:
- US New Home Sales: Buy Usd/Chf, Usd/Jpy, sell Euro/Usd if 320K or above while vice versa if 240K or below
Euro/Usd Buy 1.4470/75 then 1.4420/25, sell 1.4645/50 then 1.4680 then 1.4730/35
Gbp/Usd buy 1.6420 then 1.6370/75, sell 1.6555/60 then 1.6590/95 then 1.6625/30
Usd/Chf buy 0.8745/50 then 0.8715/20 then 0.8660, sell 0.8885/90 then 0.8920/25 then 0.8965/70
Usd/Jpy buy 81.35/40 then 81.20 then 80.70/75, sell 82.40/45 then 82.70/75 then 83.00/05
Euro/Jpy buy 117.90, sell 120.05/10
Gbp/Jpy buy 133.95/00 then 133.20/25, sell 135.90/95
Usd/cad buy 0.9495/00 then 0.9475 then 0.9450, sell 0.9575/80 then 0.9590/95 then 0.9625/30
Aud/Usd buy 1.0635 then 1.0585/90, sell 1.0785/90 then 1.0815/20
Nzd/Usd buy 0.7950/55 then 0.7935/40 then 0.7900/05, sell 0.8035/40 then 0.8060/65 then 0.8090
Euro/Gbp buy 0.8795/00 then 0.8775/80 then 0.8750/55, sell 0.8865/70 then 0.8880/85 then 0.8910/15
Euro/Chf buy 1.2790/95 then 1.2765/70 then 1.2710/15, sell 1.2915/20 then 1.2950/55 then 1.2990/95
Gbp/Chf buy 1.4450/55 then 1.4415/20 then 1.4335/40, sell 1.4640/45 then 1.4695/00 then 1.4750/55
Medium Term Strategy:
Euro/Usd This pair still on the uptrend but on the glimpse to change this situation if bases below 1.4500 to 1.4460/70 then low at 1.4380/85 below here might extend weakness to 1.4320/30,
while above is to 1.4660/70
Gbp/Usd This pair have the same situation, basing below 1.6450 is to 1.6390 then 1.6300/10 while high is at 1.6580/90
Usd/Chf This pair still on downtrend, looking to break 0.8850 to go to 0.8900 then 0.9000 while low is at 0.8730/40
Usd/Jpy Same for this pair, looking to break 82.00 to go to 82.50/60 then 83.30/40 while low is at 81.10
Aud/Usd this pair looking to base below 1.0670 to go to 1.0620, break is to 1.0510/20 while high is at 1.0790/00
Nzd/Usd only a break of 0.7960 might change this pair uptrend to target 0.7840/50 while high is at 0.8100/10
Usd/Cad moving sideways, today must move bt. break of 0.9570 to 0.9600 then high at 0.9680/90 while low is at 0.9480/90
Euro/Gbp moving sideways, high is at 0.8900 while low is at 0.8730/40
Euro/Chf moving sideways with downside possibility to 1.2730/40 while only base above 1.2900 is to 1.2990/00
Gbp/Chf same for this pair, looking to go to 1.4380/90 then break is to 1.4440/50 while only break of 1.4600 is to 1.4700/20
Euro/Jpy this pair also in same situation, would move bt.low at 116.70/80 and high at 119.90/00 only break here is to target recent highs at 120.40 then 121.40/50
Gbp/Jpy Add this pair to the collection, moving sideways with downside potential to 132.30/40 and high is at 135/90/00, only break is to target 137.00 chnaging direction
We have an Important news release for Aussie traders:
- AUD CPI: sell Aud/Usd if below 1% while buy if 1.4% or above
Euro/Usd sell 1.4760/65 then 1.4865/70, buy 1.4500/05 then 1.4430/35 then 1.4375
Gbp/Usd sell 1.6545/50 then 1.6580/85 then 1.6630/35, buy 1.6410 then 1.6375/80 then 1.6325/30
Usd/Chf buy 0.8600/05, sell 0.8845/50 then 0.8890/95 then 0.8930
Usd/Jpy buy 81.15/20 then 80.85/90, sell 81.95/00 then 82.15/20 then 82.35/40
Medium Term Strategy:
I like to share with you traders an opinion & some probabilities about what's going on with the Chf pairs.
When will the Fed decide to change its policy?, will recent historic lows fasten that from coming june to a much more near date?, might there be an intervention for the Usd/chf,
besides what will be the ECB & BOE actions about historic lows for the Euro/chf & Gbp/chf, would they intervene as what happened with the yen pairs?!!!
If no action is made by all but instead some kids are kept selling these pairs every now and then when they dream & wake up that there's new or postpone of conflict in the middleeast and north africa, just as selling on yen pairs happened when any news about earthquakes... are heard, will this be the new strategy in Forex to decide in what direction pairs would be moving(that will be insane if this becomes a basic),
will the CHf currency become the new ruling currency...LOL, in the name of "Safe Heaven"
Big Dangerous Questions are asked and answers might be in the coming days of this week...
Take Note that this personnel opinion have nothing to do with or effect our trading strategies where we're always ready for anything the market would offer us...
Euro/Usd this pair still on uptrend after reversal from low price occured yesterday, today must move bt. high at 1.4720 above would extend gains, while low is at 1.4600/10 break is to 1.4500/05 then 1.4410/20 must hold for this day
Gbp/Usd this pair still on uptrend after reversal from yesterday low price, would move bt. high at 1.6600 and only base below 1.6480 is to 1.6410/20 then break is to 1.6330/40.
Usd/Chf this pair still on downtrend, I believe this pair must had made its low price for today at 0.8670 while above is to 0.8780/90 then 0.8860/70
Euro/Chf same for this pair but might have potential to make a low at 1.2710/20 if goes down again while break of 1.2830 is to 1.2860 then as high as 1.2970/80
Gbp/Chf this pair is also in same situation, break of 1.4470/80 is to 1.4550/60 then 1.4690/00 must hold...
Usd/Jpy this pair still on downtrend but movement is tightening, break above 81.80 is to 82.30 then break is to high at 83.30/40 while low is 80.90
Gbp/Jpy this pair in same situation, low at 132.60 while above 135.00 is to 136.00 then break is to extend gains
Euro/Jpy also this pair is tightening for a near boost, low is at 117.20/30 while break of 120.00 might extend gains targeting 122.00 if euro currency keeps powering
Euro/Gbp this pair still on uptrend, must move bt. high at 0.8920 and low is at 0.8860 break is to 0.8820/25
Usd/Cad this pair still on downtrend, must move bt. low 0.9470, below is extending weakness, while above is 0.9520 break is to 0.9550/60 then 0.9580/90
Aud/Usd this pair is still on uptrend, high is at 1.0850/60 while low is at 1.0750 break is to 1.0660/70
Nzd/Usd this pair still on uptrend after reversing from yesterday low, high is at 0.8140/50 while low is at 0.8030 break is to 0.7980/85 then break is to as low as 0.7860/70
Gold must move lower, but high is at 1530 while break of 1505 is to 1500 then break is to as low as 1475
Oil is basing above 111 to go to 113.90/00 while below said support is to target 110.00/30 then break is to 109.30/40
We have 2 Important News for today:
- UK Revised GDP: Buy Gbp/Usd if 0.7% or above while sell if 0.3% or below(Very Crucial news release for sterling pairs).
- US FOMC Rate Decision: Bernanke talks would have big influence on the dollar currency in late today hours more than rate decision, so keep your ears on for any surprise positive news from Bernanke(which is rare to happen..lol), possible hints about change of policy might boost the dollar pairs especially Usd/Chf, Usd/Jpy that are on historic lows & have much more space to spike up, while continuation of his previous defending policy talks with no new to say would continue the selling of the dollar currency.
Have A Great Trading Day
Last edited by ForexMoneyMaker; 04-27-2011 at 01:42 AM.
Usd/Chf Buy 0.8630/35 then 0.8580/85, sell 0.8860 then 0.8915/20 then 0.8990/95
Euro/Usd sell 1.4900 then 1.4995/00, buy 1.4640/45 then 1.4575/80
Usd/Jpy Buy 81.00/05 then 80.50/55, sell 83.10/15 then 83.60/65
Gbp/Usd sell 1.6765/70 then 1.6795/00 then 1.6895/00, buy 1.6630/35 then 1.6560/65 then 1.6445/50
Medium Term Strategy:
Usd/Chf this pair still on downtrend after reversal from Fed's boring bad statement, nothing new even if there was assureness about finishing the program in june(which was expected, opposite info was had been a surprise or disaster too), Bernanke with same talks and approving again that low rates ill be kept for sometime damaged the dollar completely...
Today must move bt. low at 0.8630/40 and retracement is near current today high at 0.8760/70 break is to 0.8840/50 then 0.8970/80 if something important hits the market and powers the dollar.
Gbp/Usd this pair still on uptrend, high is at 1.6830/40(good sell for medium term at least), while retracement is at 1.6580/90 while break is to 1.6460/70 if there's any powerful news...
Usd/Jpy this pair still on downtrend, low is at 80.80/85 while only break of 82.20 is to 83.20/30
Euro/Usd this pair still on uptrend which must hold below 1.5000 today if it succeeds to pass resistance at 1.49000 at first... while low is at 1.4710/15 break is to 1.4550 only if any crucial news hit the market...
Euro/Chf this pair is looking to base above 1.2900 to start an uptrend to 1.2975/80 and only break of 1.3000 would confirm it to 1.30/40/50 then 1.3090/00 while low is at 1.2890 break would extend weakness
Euro/Jpy this pair looking to base on uptrend but retracement is possible at 120.50/60(good buy here) while only break will lead to 119.50/60 while high is at 123.00
Gbp/Chf this pair is looking to break above 1.4570 to confirm at start of uptrend to 1.4690/00, while low is at 1.4520/30 break is extending weakness and changing our upside view...
Gbp/Jpy this pair looking to base above 136.00 to go to 137.00 then break is to as high as 138.40/50 while low is at 135.80(possible retracement) break is to 135.20/30
Euro/Gbp this pair on uptrend, must move bt. 0.8920/30 high and retracement is at 0.8860/70 break is to 0.8830/35
Usd/Cad this pair still on downtrend, must move bt. low at 0.9450/55 while high is at 0.9510 break is to 0.9540 then 0.9570/80
Aud/Usd this pair still on powerful uptrend, high is near 1.10000(perfect sell at this price for medium or even long term), while low is at 1.0820/30 break is to 1.0710/20
Nzd/Usd this pair still on uptrend despite retracement but reversed again to the upside, high is at 0.8140/50 while only below 0.8000 is to as low as 0.7880/90
Gold still moving above and hit our said resistance yesterday(1530) after hitting support, today must move bt, high at around 1538 and below 1540 while retracement is at 1515/17 break is to 1505
Oil Also filtered below said resistance yesterday(114.00), today moving bt. high at 114.00/20 and retracement is at 112.20/40 then 110.00 then 109.80/90
We are having big achievements(on daily basis) for both short and medium term strategies but I have no time to start calculating the pips gained for each pair neither am I the type of person to do that, my signals talk about themselves & I am happy for many traders using them with high success, gaining big money on daily basis, but again no need to use all pairs signals at a time for Money Management & such protecting account reasons...( open orders at 0.01 for 100$, 0.05$ for 500$, 0.1 lot for 1000$, 0.2 for 2000$, 0.5 for 5000$, 1 lot for 10000, 2 lot 20000$, 10 lot for 100000$ and so on..), and please follow my strategy rules(found in first posts & reminded in others too) and play it safe...
We have an Important news release today for the dollar currency:
- U.S. Advance GDP: Buy Usd/Chf & Usd/Jpy if 2.1% or more while Buy Euro/usd if 1.7% or less, and vice versa...
Have A Great Trading Day
Last edited by ForexMoneyMaker; 04-28-2011 at 01:39 AM.
Euro/Usd Buy 1.4745/50 then 1.4705/10 then 1.4650/55, sell 1.4895/00 then 1.4935/40 then 1.4990/95
Gbp/Usd Buy 1.6565/70 then 1.6540 then 1.6460, sell 1.6750/45 then 1.6790/95 then 1.6835/40
Usd/chf Buy 0.8680 then 0.8650/55 then 0.8620/25, sell 0.8775/80 then 0.8800 then 0.8840
Usd/Jpy Buy 81.05/10 then 80.85 then 80.30, sell 82.25/30 then 82.60 then 82.90/95
Medium Term Strategy:
Euro/Usd This pair still on uptrend, looking to base below 1.4850 while if bases above would go to 1.4990/95 as maximum high(good sell), retracement is at 1.4750/55 break is to as low as 1.4580/90
Gbp/Usd This pair still on uptrend, basing below 1.6670 while if bases above would go to maximum high at 1.6835/40(good sell), retracement is at 1.66000 break is to as low as 1.6480/90
Usd/Jpy This pair still on downtrend but moving sideways on that area from few days, low is at 80.50/60 while break of 82.00 is probably to high at 83.10/20
Usd/Chf This pair still on downtrend, low is at 0.8630 while break of 0.8760 would free this pair to possibly 0.8830/40 then break is to high at 0.8950
Euro/Chf This pair based on uptrend but failed to break above 1.3000, today would move bt. said resistance only break would lead to 1.3045/50 then 1.3095/00 while below 1.2915 is to 1.2880 then break is to extend weakness
Gbp/Chf This pair moving sideways after failed to break 1.4570, today must move bt. 1.4675/80 only if breaks said resistance, while weaknesss would extend below 1.4500
Euro/Jpy This pair still basing on uptrend, retraced yesterday to said support and today basing above it(120.40/60) to go to 121.80/90 then break would open the doors to 123.00, low is at 119.60 if breaks said support
Gbp/Jpy This pair moving sideways, bt. resistance 136.30 break is to 137.00, and below 135.60 is to 135.20 then break is to 134.00 and possibly 133.20 if there's selling power
Euro/Gbp This pair still on uptrend, would move bt. high at 0.8930/40 and retracement at 0.8880/90 break is to 0.8840/50
Usd/Cad This pair is moving sideways but still on downtrend, low is at 0.9470 while above 0.9540 is to 0.9570/75 break here might extend gains to 0.9660/70
Aud/Usd This pair still on uptrend, high is at 1.0955/60 if breaks would filter below 1.10000(good sell), retracement is at 1.0850/60 break is to 1.0740/50
Nzd/Usd This pair still on uptrend, but below 0.8000 would risk it to 0.7900 while high is at 0.8140/50
Gold retraced after hitting yesterday said resistance at 1538, today must move bt. high at 1543/45, retracement is at 1525 break is to 1510/11
Oil also retraced from yesterday said resistance at 114.00, today must move bt. high at 114.00/20 but break of 112 is appearing in the picture to go to 111 break is to 110
We have an Important news release for the Canadian dollar today:
- CAD GDP: Buy Usd/Cad if -0.1 or lower while sell if 0.1% or higher
Usd/Chf sell 0.8745/50 then 0.8795/00 then 0.8845/50, buy 0.8580/85 then 0.8550 then 0.8475/80
Usd/Jpy sell 81.90/95 then 82.15/20, buy 80.80/85 then 80.65/70 then 80.30
Gbp/Usd buy 1.6620/25 then 1.6580/85 then 1.6545/50, sell 1.6755/60 then 1.6780/85 then 1.6840/45
Euro/Usd buy 1.4750/55 then 1.4700/05, sell 1.4870/75 then 1.4900/05 then 1.4930/35
Medium Term strategy:
Usd/Chf This pair is still on downtrend, had an upward movement today morning after US President Obama announced the Death of Ousama Bin Laden, but it is now holding near retracement that is around 0.8700/10, only break here might lead to 0.8800 then break might probably lead to 0.8920,
ofcourse such wide price of range isn't hard for this pair when the dollar powers spikes can continue especially attached to crucial news coming up, low is at 0.8590/00, will this important news be a push for this pair to the upside?, but maybe another news like Khadafi death(I am not a criminal who loves death & blood..lol, but simply this is the situation) would quickly weaken the Chf, powering all currencies against it and only settlement of conflicts in the middleeast and libya would free up this pair...
Usd/Jpy This pair is in the same situation, only a break above 82.00(must break to 81.85/90 first) would lead to 83.00, low is at 80.30/35
Euro/Usd This pair is holding now on retracement at 1.4760, only break and base below here would be the turning point just as the opposite for the above 2 pairs, leading to 1,4630/40 then probably to 1.4510 if breaks the latter, high is at 1.4870
Gbp/Usd The same is said for this pair, break of retracement at 1.6640 is to 1.6530/35 then probably 1.6420/25 with powerful selling...
Euro/Chf This pair moving sideways, retracement is at 1.2860 break is must hold at 1.2940/50 for today while low is at 1.2700/10
Gbp/Chf This pair moving sideways, break above 1.4490/00 is to 1.4540/50 then 1.4650 must hold for today while low is at 1.4280/90
Euro/Jpy This pair moving sideways, high is at 123.00 while break of 119.80 is to 117.80
Gbp/Jpy This pair moving sideways, break below 135.20/30 might probably lead to 134.00 while high is at 136.20/30 break is to 137.00
Euro/Gbp This pair moving on the uptrend, looking to target high at 0.8930/40, below 0.8850 is to 0.8830 then 0.8800
Usd/cad this pair went to retracement at 0.9490 break would lead to 0.9510/15 then 0.9555/60 holding below 0.9600(unless surprise news is released), low is at 0.9440( most probable will not retest)
Aud/Usd This pair still on uptrend, hopefully you sold this pair near 1.1000 as I suggested in many past days, today made both high at 1.1000 and retracement at 1.0920( might also try 1.0900/05 before break if occurs), only break is to 1.0790/00
Nzd/Usd This pair still on uptrend retraced for today to 0.8025( can try 0.80000 before break if occurs), only break is to 0.7920/30
Gold made a new historic high at 1576.50 and retraced to 1540, break might lead to 1520 while we'll not target new highs for today
Oil would move bt. high at 114.70/80 and low is at 111.50/60 break is to 110.30/40
Briefly, Today is a very crucial day especially that it is the start of a new month(May), many pairs are on the glimpse of a turning point or if retracement hold, trend might continue but keep close look and focusing at possible breakouts...
We have an Important News Release for today:
- US ISM Manufacturing PMI: Buy usd/chf & Usd/Jpy if 62 or above while buy Euro/Usd if 58 or below & vice versa for the sell
Usd/Chf sell 0.8675/80 then 0.8705/10 then 0.8735/40, buy 0.8565/70 then 0.8545/50 then 0.8500/05
Euro/Usd buy 1.4730 then 1.4785/90 then 1.4620, sell 1.4915/20 then 1.4960 then 1.4995/00
Usd/Jpy buy 80.55 then 80.35/40 then 80.05/10, sell 81.30/65 then 81.50/55 then 81.80/85
Gbp/Usd sell 1.6655/60 then 1.6735/40, buy 1.6380/85 then 1.6335/40 then 1.6210/15
Medium Term strategy:
Usd/Chf This pair still on downtrend, only break of 0.8655/60 would lead to 0.8730/40 break here is to high at 0.8860, low is at 0.8550
Euro/Usd This pair is still on uptrend but basing below 1.4800 would lead to 1.4720 then break is to as low as 1.4560/70 while high is at 1.4940/50
Usd/Jpy This pair still on downtrend, only break of 81.20 is to 81.50 then break here is to 82.50/60 high, while low is at 80.00/10
Gbp/Usd This pair is starting a downtrend movement, retracement is at 1.6555/60 only break here would change our view to 1.6660 while below is 1.6430/40 then as low as 1.6300 break here might lead to as low as 1.6200
Euro/Chf This pair moving on downtrend, low is at 1.2700 below would extend weakness while retracement is at 1.2810/20 break is to 1.2850/60 then 1.2900/10 must hold for today
Gbp/Chf This pair is moving on downtrend, retracement is at 1.4320 break is to 1.4450/60 while we/ll not target new historic lows...
Aud/Usd This pair starting a downtrend movement to 1.0680/90 break is to 1.0510/20, while only break of 1.0860/70 might lead to 1.0950 high
Nzd/Usd This pair starting a downtrend movement targetting low at 0.7760/70 while only break of 0.8000 would change our view(but it is a hard probability)
Euro/Gbp This pair is moving on uptrend, high is at 0.9085/90 then break is to 0.9150/60 while retracement is at 0.8940/50 then break is to 0.8880/90 then 0.8850/60 must hold for today
Usd/Cad This pair starting an uptrend movement, but must base above 0.9550 to target high at 0.9640/50 while only below 0.9500 is to 0.9450
Gbp/Jpy This pair is on downtrend movement, retracement is at 134.20/30 break is to 134.90/00 while low is at 132.70 break would extend weakness and might go to as low as 130.00
Euro/Jpy This pair moving sideways, 2 options are high at 122.60/70 if bases above 120.00 and low at 117.80 if bases below
Gold is looking to base below resistance at 1538 to retest low at 1526 break here is to 1500 while above said resistance is to 1563/65
Oil is moving on downtrend, retracement is at 111.50/60 break is to 112.20 while low is at 108.00 break here might target 106.70/00
We have 2 Very Important news release for today:
- US ADP NFP: buy Usd/Chf & Usd/Jpy if 250K or above while buy Euro/usd if 150K or below, vice versa for sell
- US ISM NonManufact. PMI: Buy Usd/Chf & Usd/Jpy if 60 or above while buy Euro/Usd if 55 or below, vice versa for sell
Euro/Usd buy 1.4725/30 then 1.4680/85 then 1.4585/90, sell 1.4950/55 then 1.4995/00 then 1.5010/15 then 1.5085/90
Usd/Jpy buy 80/15/20 then 79.95/00 then 79.50/55, sell 81.20/25 then 81.50/55 then 81.80/85
Usually, I do not sell this pair especially at current prices, focus on buying this pair on dips, there might occur intervention at anytime if prices keep going down
Usd/Chf buy 0.8540/45 then 0.8505/10 then 0.8460/65, sell 0.8670/75 then 0.8700/05 then 0.8755/60
Same said for this pair, better keep buying at dips simply because it is in its historic lows and you never know when the Fed will wake up from their deep sleep... so this pair might spike and you might not be able to run after it to close a sell order
Gbp/Usd buy 1.6415/20 then 1.6380/85 then 1.6310/15, sell 1.6580/85 then 1.6625/30 then 1.6675/80
Euro/Jpy buy 118.65/70 then 118.25/30 then 117.30/5, sell 120.80/85 then 121.40/45 then 122.05/10
Gbp/Jpy buy 132.10/15 then 131.75/80 then 130.80/85, sell 134.20/25 then 134.80 then 135.35/40
Usd/Cad buy 0.9500/05 then 0.9465/70 then 0.9425/30, sell 0.9640/45 then 0.9660/65 then 0.9725/30
Euro/Chf buy 1.2705/10 then 1.2675/80 then 1.2625/30, sell 1.2840/45 then 1.2875/80 then 1.2925/30
Gbp/Chf buy 1.4130/35 then 1.4095/00 then 1.4035/40, sell 1.4280/85 then 1.4315/20 then 1.4370/75
Aud/Usd buy 1.0670 then 1.0635/40 then 1.0540/45, sell 1.0870/75 then 1.0930/35 then 1.0985/90
Nzd/Usd buy 0.7815/20 then 0.7785/90 then 0.7705/10, sell 0.7995/00 then 0.8045/50 then 0.8100/05
Euro/Gbp buy 0.8960 then 0.8945/50 then 0.8915/20, sell 0.9030/35 then 0.9050/55 then 0.9070/75
Sometimes some signals for different pairs are not triggered because price didn't go to that direction or reversed or for whatever reason..., but as usual we are always ready for any possibility the market might give us, this is why i provide you with complete signal info for these pairs...
Medium Term strategy:
Euro/Usd This pair still on uptrend, might target today high at 1.4960/70, while basing below 1.4830 is to 1.4750/60 then break is to low at 1.4590/00
Gbp/Usd This pair is on downtrend from yesterday, retraced to said resistance yesterday(read previous post) then went down again, today retracement is 1.6555/60(also might stop at 1.6540 and go down), while only above said resistance is to 1.6660 high while low is at 1.6380/90 then 1.6300/10 but take note that 1.6450 would be a good support before reaching said lows.
Usd/Chf This pair is still on downtrend, low is at 0.8530/35 while retracement is at 0.8630/40 break is to 0.8700 basing above here might target 0.8830/40
Usd/Jpy This pair still on downtrend, low is at 79.80/90 while retracement is at 80/85/90 break is to 81.30/40 then 82.30/40
Euro/Chf This pair on downtrend, low is at 1.2690/00 break would extend weakness, retracement at 1.2795/00 break is to 1.2840 then break is to 1.2890/00
Gbp/Chf This pair on downtrend, low is at 1.4035/40 filtering above 1.4000, retracement is at 1.4270/80 then break might extend gains to 1.4400/10
Euro/Jpy This pair is moving sideways, above 120.00 is 122.50/60 and below is to 117.70/80
Gbp/Jpy This pair is on downtrend, good support is at 132.40/50 below would extend weakness while retracement is at 133.70/80 then break is to 134.60/70 and 135.40/50 must hold for today
Euro/Gbp This pair is moving on uptrend, looking to base below 0.9000 but if breaks would lead to high at 0.9070/80 while retracement is at 0.8960 break is to 0.8900/10 then 0.8870 would hold for today
Usd/Cad This pair started an uptrend movement as said yesterday, must today target 0.9650/60 then 0.9700 while retracement is at 0.9550 as good support below is 0.9520, break here would change the uptrend view and might go again to low at 0.9450
Nzd/Usd This pair started a downtrend movement as said yesterday, today would target low at 0.7780/90 while good resistance retracement is at 0.7955/60 break here would change our down view to 0.8000/10
Aud/Usd This pair also started downtrend yesterday, retracement is at 1.0800/05 but break above 1.0830 would change our down view to 1.0870/80 while break of good support at 1.0690 would extend weakness to low at 1.0510/20
Gold is on downtrend from yesterday, good resistance is at retracement 1526 break here would change our view to 1543/45 while low is at 1500/03 break would extend weakness to 1494/95 then 1484/85
Oil is also on downtrend from yesterday, hit our support around 108, today retracement is at 110.00/20 break is to 110.60 then 11.70/80, while low is at 106.50
I would like to explain some words meaning for traders who do not get it clearly. When I say Retracement is at this price, that means it is a possible reversal point for you to buy or sell at least for first contact(hit and pullback) for example gbp/usd yesterday retracement, break this price means you can trigger a buy or sell as a breakout startegy targetting next price signal I mention, high at this price means that you can sell that pair and mostly it would be the high for the whole day and vice versa for the low which means to buy that pair.
For Example, yesterday I said Usd/chf low is at 0.8550(read previous post) and that is what happened, it hit this price and kept going up for hours to around 70 pips, so it was a perfect buy at that price, on the other way Euro/Usd high was 1.4940/50(posted yesterday), it hit 1.4940 and went down for many hours to reach more than 100 pips, meaning it was a perfect sell at that price.
Take Crucial Note about what these words realy mean and work accordingly..., despite I know that some traders understood these meanings from my first posts...
We have 4 Very Important News Release for today:
- UK Services PMI: Buy Gbp/Usd if 58 or above while sell if 54 or below
- UK Official Bank Rate & Asset Purchasing Facility: Buy Gbp/Usd if 0.75% while sell if kept at 0.50% and the latter is 220B or above
- EU ECB Rate Decision: Buy Euro/Usd if 1.50% while sell if 1 %, I believe the rate will be kept at 1.25%, so wait for market reaction(which will be effected by other factors or side hints or marlet talks...) to enter any possible trade
- CA IVEY PMI: Buy Usd/Cad if 64 or less while sell if 70 or more...
Have A Great Trading Day
Last edited by ForexMoneyMaker; 05-05-2011 at 02:40 AM.
Usd/Chf buy 0.8680 then 0.8630 then 0.8585, sell 0.8845/50 then 0.8875/80 then 0.8950/55
Euro/Usd sell 1.4565/70 then 1.4680/85 then 1.4780/85, buy 1.4180/85 then 1.4120/25
Usd/Jpy buy 79.90/95 then 79.60/65 then 79.20/25, sell 81.15/20 then 81.40/45 then 81.90/95
Gbp/Usd buy 1.6310 then 1.6280/85 then 1.6215/20, sell 1.6460/65 then 1.6500/05 then 1.6540/45
Euro/Jpy buy 114.20/25 then 113.65/70 then 112.15/20, sell 117.45/50 then 118.45/50 then 119.30/35
Gbp/Jpy buy 130.80/85 then 130.25/30, sell 133.05/10 then 133.60/65 then 134.45/50
Usd/Cad buy 0.9560/65 then 0.9510/15 then 0.9455/60, sell 0.9740 then 0.9775/80 then 0.9850
Euro/Chf buy 1.2495/00 then 1.2460, sell 1.2730/35 then 1.2805/10 then 1.2865/70
Gbp/Chf buy 1.4225/30 then 1.4155/60, sell 1.4470/75 then 1.4515/20
Aud/Usd sell 1.0845/50 then 1.0915/20, buy 1.0540/45 then 1.0465/70
Euro/Gbp buy 0.8670 then 0.8635/40, sell 0.8880/85 then 0.8950/55
Nzd/Usd buy 0.7805/10 then 0.7760/65, sell 0.7995/00 then 0.8040/45
Medium Term Strategy:
Usd/Chf This pair started an uptrend movement from past 2 forex days, I adviced you traders in my previous post to keep buying this pair on dips...,
and in the same day it started going up fast, today retracement is at 0.8720, holding above 0.8700, below will change our upward view to 0.8670/75 then below will extend weakness despite this scenario don't seem to be in the picture but for you to be ready for anything...,
while basing above 0.8800 is to 0.8850/55 then 0.8890/95 then filtering around 0.9000
Usd/Jpy This pair had the same story about buying at dips..., but on the other hand didn't yet base on the uptrend s the Usd/chf had done, today only break of 81.00 would put it on uptrend then 81.85/95 would follow while low is at 79.70/75
Gbp/Usd This pair started a downtrend movement from 3 forex days, retracement is at 1.6430/40(remember how much retracement was important in my previous post saying "(also might stop at 1.6540 and go down)" and that's what happened, above 1.6550 is to 1.6520, while low is at 1.6180/90
Euro/Usd This pair started a downtrend movement from 2 past forex days, today retracement is at 1.4520, only break of 1.4570 would change our view to 1.4670/80, even if it didn't go to this price today but closing high would be enough while continuation of trend is to low at 1.4200, below would extend weakness...
Euro/Chf This pair is still on downtrend from 5 forex days, retracement is at 1.2660/70 break is to 1.2770/80 changing our view but 1.2830 would hold for now, while low is at 1.2460
Gbp/Chf This pair is squeezed in movement bt. resistance at 1.4380 break is to 1.4480/90 and support at 1.4320 break is to 1.4220/30
Euro/Jpy This pair still on downtrend that started from past 3 forex days, today retracement is at 117.00/10 break(hard to occur because of price range and also reversal is not seen clear for now but incase) is to 118.95/00,
while low is at 113.65/70 and possibly 112.15/20(incase..)
Gbp/Jpy This pair is still on downtrend from 4 forex days, retracement is at 132.40/50, break would change our view to 133.80/90, while low is at 131.50/60 break is to 130.80/90 then 130.20/30
Euro/Gbp This pair is on downtrend from 2 forex days, retracement is at 0.8840/50 break is changing our view to 0.8880/90, while low is at 0.8720 break is to 0.8670 then 0.8630/40
Usd/Cad This pair started an uptrend movement from 3 forex days, today holding at retracement 0.9600 break is to 0.9550/60 while high is at 0.9690/00
Aud/Usd This pair on downtrend from 3 past forex days, but today tring retracement at 1.0810/20 (if breaks 1.0800), above is to 1.0880/90 while fail of break is to 1.0700/10
Nzd/Usd Also, This pair was and is now in same situation, retracement at 0.7970 break is to 0.7990/00 but only break above here would change our downtrend view, low is at 0.7810/20
Gold still on downtrend started from past 3 forex days, today retracement is at current price around 1505 break is to 1520 and possibly 1543/45 if there is strong up movement as was with strong down movement, low is at 1450
Oil still on downtrend started from past 3 forex days, retracement is at 101.70/80 if breaks above 99.70 at first, while low is at 94.50/60
*It is always Great to start riding the trend from the begining because at all cases if reversal occurs you'll be in 100s of pips gain and would not care to exit at your prefered pips target, and if you had followed my past days signals you'll realize that you were in full info about many pairs that started a down or uptrend movement and if you followed these signals for the Medium Term Strategy you could had gained 100s of pips in very few days(even you could not had needed my daily update because you could had took your money and ran away...lol) especially that many pairs made huge pip movements in little time and the case was even better for Gold & Oil which collapsed in short time & you were in info about the downtrend movement from the start of trend...