Forex Buy & Sell Trading Signals

Commercial Content Trading Signals
44

Hello Traders,

Forex Signals for the 20th May 2011:

Short Term Signals:

Usd/Chf buy 0.8830/35 then 0.8700/05, sell 0.8890 then 0.8930/35 then 0.8980/85

Gbp/Usd buy 1.6130/35 then 1.6090 then 1.6050/55, sell 1.6290 then 1.6315/20 then 1,6385/90

Euro/Usd buy 1.4205/10 then 1.4160/65 then 1.4110/15, sell 1.4370/75 then 1.4400 then 1.4470/75

Usd/Jpy Buy 81.15/20 then 81.00 then 80.50/55, sell 82.20/25 then 82.50/55 then 82.80/85

Medium Term Strategy:

Usd/Chf This pair retraced to 0.8820 then broke it later to our said yesterday high at 0.8880, today basing above 0.8820 is to another test of 0.8880 then high at 0.8930/40 must renew selling while below is to retest of 0.8765 then to ur short term buy signals.

Gbp/Usd This pair fell after hitting yesterday said retracement but then tried it in late hours to build above it and trying to reach resistance at 1.6260/70 but only break here would change our downside view to target 1.6300/10 then 1.6380, while below 1.6200 is to support at 1.6130, break here would extend weakness to 1.6070 low

Usd/Jpy This pair is still on uptrend, had hit our said high at 82.20/30, today retracement is at 81.40/50 and 81.10/15 must hold while retest of high 82.20 is in the game while break is to our short term signals sell prices

Euro/Usd This pair is still on uptrend started yesterday, retracement is at 1.4250/60, high is to 1.4470/80, below said retracement is to retest 1.4200 and break here would change our upward view

Aud/Usd This pair must break above 1.0680 to start going upward to 1.0740/50 while below is to 1.0640 then low is at 1.0490/00

Usd/Cad This pair went again above support yesterday 0.9660 after making a false breakout to 0.9654, today below here is to 0.9600/05 while above is to 0.9690, and basing above 0.9700 is to 0.9770/80

Euro/Gbp This pair based on uptrend but is failing to base above 0.8830, today basing below 0.8800 would change our view to 0.8750/60 while breaking above said resistance is to around 0.8900

Gbp/Chf This pair is still on downtrend after again failing to break retracement, today it is at 1.4350/55 but only above 1.4370 would change our down view to target 1.4460/70 and must open a new daily candle above 1.4380 to confirm an uptrend start.

Nzd/Usd This pair started an uptend movement today after breaking retracement yesterday and basing above it, today targetting 0.7950 and 0.7990/00 must hold

Euro/Jpy This pair is on uptrend from 3 days, retracement is at 116.30/40, break would hold at 115.60/70 while higfh is at 117.50/60, break would extend power to 119.70/80 if the Euro currency keeps powering

Gbp/Jpy This pair is still on uptrend, retracement is at 132.20 break is to 131.90/00, ony basing below would change our view, while now targetting 133.10/20, above would extend power to 134.00/10

Euro/Chf This pair started an uptrend movement yesterday, retracement is at 1.2590/00 below would change our view to 1.2530/35 while above is to 1.2690/00

Oil broke above yestersday but failed to hold there, then fell below 99.70 which changed our view as said yesterday, today below 100 is to 97.50, while above is to 101.20 then break might target 103.90/00

Gold had hit yesterday retracement then went down again, today holding there at 1498, above is to 1507 and 1509/10 must hold while below is to 1486 break is to 1481 then 1471/72

We have 2 Important News Release for the Canadian dollar today:

  • CA Core CPI: sell Usd/Cad if 0.3% and above while buy if -0.1% and below

  • Core Retail Sales: sell Usd/cad if 1.1% and above while Buy if 0.4% and below

Have A Great Trading Day

45

Hello Traders,

Forex Signals for the 23rd May 2011:

Short Term Signals:

Usd/Chf Buy 0.8710/15 then 0.8680/85 then 0.8620/25, sell 0.8855/60 then 0.8900 then 0.8940/45

Euro/Usd Buy 1.4045/50 then 1.4000 then 1.3965/70, sell 1.4335/40

Usd/Jpy Buy 81.40/45 then 81.25/30 then 81.10/15, sell 82.25/30

Gbp/Usd Buy 1.6135/40 then 1.6095/00 then 1.6020/25, sell 1.6325/30 then 1.6370/75

Medium Term Strategy:

Usd/Chf This pair is on the downside, only a break then base above 0.8800 would change this view to target 0.8825/30 then above here would lead to 0.8855 then 0.8880 and high is at 0.8925/30, while failure to break above 0.8800 would lead to 0.8700/10 first

Gbp/Usd This pair went up to 1.6304 on friday but collpased fast in just 3 hours, today based on downtrend below 1.6220 which might lead this pair to retest recent low at 1.6130, break is to 1.6050/55 while only basing above 1.6220 would lead to 1.6245/50 then break is to 1.6300

Usd/Jpy This pair is still on uptrend from a week ago, today targetting 82.25/30, above here would extend gains & might begin a new cycle of highs in coming days, while retracement is at 81.60, break is to our short term buy signals(read above)

Euro/Usd This pair is on downtrend, based below 1.4200 targetting 1.4045/50, break and base below here would extend weakness to our short term buy signals then might hit as low as 1.3890/00, retracement is at 1.4180 above is to 1.4220/30, break here would change our down view

Euro/Chf This pair is on downtrend, today earloy morning low price at 1.2346 must be todays low, iā€™ll not target new historic lows but prefer to wait for retracement at 1.2470/80 to renew selling, while above here is to 1.2540/50

Euro/Gbp this pair is on downtrend, retracement is at 0.8740/50 break is to 0.8790 and 0.8820 must hold for today while low is at 0.8620/30

Usd/cad this pair is on uptrend, high is at 0.9800/10, retracement is at 0.9720, break is to 0.9680

Aud/Usd This pair is on downtrend, targetting low at 1.0470/80, retracement is at 1.0620 break is to 1.0650

Gbp/Chf this pair is on downtrend, retracement is at 1.4270 break is to hold at 1.4340/50 while low is at 1.4140/50

Nzd/Usd This pair based on uptrend in past 2 forex days, above 0.7900, today a break below here would change our view to target 0.7860 then 0.7830, while above is to 0.8000

Euro/Jpy This pair made a dramatic turn to the downside on friday, basing below 115.50 is to 114.20/30 while only above 115.80 would revive bullish hopes to 117.20/30

Gbp/Jpy This pair is still on uptrend from 4 past forex days, basing above 132.40 to target 133.00 but only above here would keep the trend up to target 134.00 while below is to 132.00 and break here would retest 130.70/80

Oil turned it again to the downside at today early morning hours, basing below 99 targetting 96.40 break is to 95 while only basing above 99 would change our down view to target 100 then basing above is to high at 102.50/60

Gold based on uptrend on friday, after breaking above 1510 and closing above but found resistance below 1520, today retracement is at 1507.40/50, break and base below is to 1500, continue of selling here would lead to 1486/87 while above is to 1520/21 and 1529/30 would hold

Have A Great Trading Day

46

Hello Traders,

Forex Signals for the 24th of May 2011:

Short Term Signals:

Usd/Chf Buy 0.8755/60 then 0.8720 then 0.8680/85, sell 0.8805/10 then 0.8960/65

Euro/Usd Buy 1.3930/35 then 1.3875/80 then 1.3785/90, sell 1.4170/75 then 1.4225/30 then 1.4310/15

Gbp/Usd Buy 1.6035/40 then 1.6000 then 1.5910/15, sell 1.6235/40 then 1.6290/95 then 1.6350/55

Usd/Jpy Buy 81.30/35 then 81.05/10 then 80.80/85, sell 82.30/35 then 82.50/55 then 82.95/00

Medium Term Strategy:

Usd/Chf This pair based today on uptrend targetting high at 0.8940/50 first & would surely filter below 0.9000 if thereā€™s an opportunity to reach that high, retracement is at 0.8830 below might target & hold at 0.8760/70

Gbp/Usd This pair is still on downtrend, retracement is at 1.6150/60, break is to 1.6210/20, then 1.6300 must hold while low is at 1.6000

Euro/Usd This pair is still on downtrend, retracement is at 1.4110/20, break is to 1.4170/80 while low is at 1.3840/50

Usd/Jpy This pair is still on uptrend, retracement is at 81.70, break is to 81.30/40 and 81.20 must hold while high is at 82.30, break and base above here is starting a new cycle maybe targetting 85 in the coming days

Euro/Chf This pair is still on downtrend, retracement is at 1.2480, break is to 1.2530 and 1.2635/40 must hold, while low is at 1.2330

Euro/Gbp This pair is still on downtrend, retracement is at 0.8735/40, break is to 0.8770/80 & 0.8810 must hold while low is at 0.8620/30

Usd/Cad This pair still on uptrend, retracement is at 0-.9740/50, break is to 0.9700/10 while high is at 0.9830/40

Aud/Usd This pair is still on downtrend, retracement is at 1.0570/80, break is to 1.0620 then break here might target 1.0710/20 while low is at 1.0430/40

Gbp/Chf This pair is trying to free up from long days of downtrend but break and base above 1.4340/50 is necessary to achieve that goal targetting 1.4460/70 while low is at 1.4130/40

Nzd/Usd This pair based again on uptrnd after making a breakout and closing again around 0.7900 then boosting up in today early morning hours, basing above 0.7935 and 0.7915 targetting 0.8000 first while only basing below 0.7900 might again target 0.7860 then 0.7830

Euro/Jpy This pair based on downtrend yesterday and today opened below retracement at 115.40/50, only break and base above here is to 117.00 changing our down view, while low is at 113.40, if breaks 113.80

Gbp/Jpy This pair looking to base on downtrend below 132.00 targetting 130.70/80 while above 132.00/10 is to target 132.80/90

Oil is still on downtrend, today trying to break retracement at 0.9880 to retest 100, only break here would change our viw to 101.70 and above is to 105.40/50 while low is to 95 and strong selling like had happened from around 15 days ago might collapse Oil to 91.30/40

Gold based on uptrend yesterday, confirming it with a false breakout to the downside, today looking above to 1520/21, break is to 1530 then 1535 and high at 1538 must hold

We have an Important News Release for the dollar currency today:

  • New Home Sales: Buy Usd/chf & Usd/Jpy if 355K or above while Buy Euro/Usd & Gbp/Usd if 250K or below, vice versa for sell.
  • Take Note to follow my Short Term signals rules accurately like you do not enter a trade if price reaches few pips from my buy or sell singla then retest it again, and 10 to 30 pips is TP according to the market situation at that time and stop loss is 30 & can be 50 for traders who see a reversal or like to more risk a trade.
    It surely can be more than 30TP especially for the last buy or sell signal, for example yesterday Euro/Usd last buy signals was 1.3965/70, the actual low price hit 1.3968 and went up around 70 pips up, sometimes it can go that high or low(if sell or buy) from, the first buy or sell signal as an early reversal for a certain currency, so you set your TP as my rules say or as the market situation seen by you, ofcourse if you have enough forex experience for thatā€¦
    Also, for the Medium Term Strategy thereā€™s stoploss at 50 pips from daily candle open and can be increased to 100 pips according to the market situation as possible reversal, while TP starts from 50 pips to 100 then 150 and so on, and can be turned to stop loss for every brop of 50 pips, as TP at 150 pips is turned to 100 pips of price turns back, and if at 50 pips price turns back you TP bt. 10 & 50 pips as you wish to risk if you see the price might continue above 50 if came down to 20 or 30 pips for example.
    You can also use same strategy for breakouts(keep focus at false ones, do not enter after price breaks at second test but wait for few candles to form & base above the price), while for highs & lows 50 pips would be a maximum good target especially that youā€™ll be trading against the trend.

Have A Great Trading Day

47

Hello Traders,

Forex Signals for the 25h of May 2011:

Short Term Signals:

Usd/Chf Buy 0.8740/45 then 0.8710/15, sell 0.8890/95 then 0.8935/40 then 0.8975/80

Usd/Jpy Buy 81.50/55 then 81.30/35 then 81.00/05, sell 82.30/35 then 82.50/55 then 82.80/85

Euro/Usd Buy 1.3995/00 then 1.3945/50 then 1.3890/95, sell 1.4170/75 then 1.4205/10 then 1.4285/90

Gbp/Usd buy 1.6055/60 then 1.5965/70 then 1.5935/40, sell 1.6260/65 then 1.6295/00 then 1.6385/90

Medium Term Strategy:

Usd/Chf This pair is moving sideways in a squeezed area today, basing above 0.8800 would lead to 0.8825/30 and a qucik movement above would target 0.8890/00 while basing below 0.8800 would target 0.8765 then break is to 0.8740/50

*Well, When Bernanke, Dudley, Geithner, & their buddies stop talking for a while this pair boosts to the upside, but what came out this time is Mr. President Obama, he wants to defend all other countryā€™s people from their regime, who told you Mr. GoodWill that USA must be the saver country of this world?!!, ofcourse in the name of Goodwill you talk or is it ā€œGoodOilā€ ?!, this is all reflecting in a collapse of this pair and powering of the Swiss Franc that is seen as Safe Haven currency.
From Egypt to Tunisia to Yemen to Lybia to Bahrain to Syria(some regines were your allies), all this journey of countries spending months of conflict made the Usd/Chf collpase to historic lows, ofcourse besides the Fed ā€œGeniusā€ policy.
Can you just relax for a while and solve your own countryā€™s buisness, like infaltion that Mr. Bernanke donā€™t even believe that it exists.
Anyway, your answer for many of these questions would be like Bernanke, ā€œEverything is alright, our policy is the best that could had & would happen and most importantly the US have the honor to defend israel as long as they liveā€. And Iā€™ll tell you, I canā€™t take this anymore, thereā€™s no hope in your policy and if the dollar doesnā€™t power in next month after the Feds policy of quantitative easing ends then you must start thinking from what deep valley you would go to save the Usd/Chf, maybe in the 0.50 areaā€¦LOL, oh and also pray that the Swiss National Bank donā€™t higher their rates which is low at 0.25% then what will be the case if there would be an increase?!! A disater for this pairā€¦

Usd/Jpy This pair is stil on uptrend, retracement is at 81.80, break is to 81.50 then 81.10/20 must hold while above is to 82.20/30 were it had too much resistance at past days, a break here would target high at 82.90/00 and a new cycle of uptrend would start.

Euro/Usd This pair still on downtrend, reached our retracement(good sell) yesterday but collpased down aagin, today retracement is at 1.4110, break is to 1.4170, while low is at 1.3810/20

Gbp/Usd This pair is still on downtrend, had reached our yesterday retracement and collapsed down later, but opened today above 1.6170 and despite going down to 1.6143 but came up again to hold above 1.6170, if this case continues, might target yesteray high but a break & base above is necessary to go to 1.6260 but 1.6300 must hold low is at 1.6000

  • Sometimes, The forex market acts weird, There was yesterday an important news for the sterling ā€œPublic Sector Net Borrowingā€ it was a super bad news release as seen in numbers that were worse than forcast but this currency kept powering, then comes the US New Home Sales news release that was not the best but a positive number and better than forecasted, but what happened is that instead of the dollar powering & sterling weakening or at worst prices kept moving sideways, what happened is the Euro & Sterling currencies boosted to the upside despite hitting strong resistance later on at retracement levels for Euro/Usd & Gbp/Usd. But in all cases all of you traders were prepared for this scenario,
    because for examle the Gbp/Usd Medium Strategy for yesterday said: ā€œa break of 1.6150/60 would lead to 1.6210/20ā€ a clear example of how you trade breakouts using my medium term strategy(buy then close then sell).

Euro/Chf This pair is stil on downtrend, targetting low at 1.2300 while retracement is at 1.2420/30, break is to 1.2500

Euro/Gbp This pair still on downtrend targetting low at 0.8600/10, retracement is at 0.8720, break is to 0.8750 and must hold at 0.8800

Usd/Cad this pair is still on uptrend, high is at 0.9840/50, retracement is to 0.9760, break is to 0.9720

Aud/Usd This pair is still on downtrend, targetting low at 1.0400/10, retracement is at 1.0560 break is to 1.0590/00

Gbp/Chf This pair is still on downtrend, holding below retracement at 1.4250, break is to 1.4290/00 then if breaks is to 1.4330/40 must hold

Nzd/Usd This pair is still moving sideways but on uptrend channel, retracement at 0.7900, break is to 0.7850/60 while above is to 0.8000 then 0.8070/80 must hold

Euro/Jpy This pair is moving sideways, above 115.50 is to 116.70/80 while below is to 113.80/90

Gbp/Jpy This pair is moving on uptrend, basing above 132.40 break is to 132.00, break here would target 131.40/50, while above is to 133.10/20 break is to 134.00

Oil still on downtrend despite moving sideways but on the downside, retracement is at 100 then 101 must hold while low is at 95, break here would put 92.00/20 in the picture

Gold still on uptrend, targetting 1535 today while 1517 and must hold above 1510 around 1511

We have an Important News Release for the sterling currency today:

  • UK Revised GDP: Buy Gbp/Usd if 0.7% and above while sell if 0.3% and below

Have A Great Trading Day

48

Hello Traders,

Forex Signals for the 26th of May 2011:

Short Term Signals:

Usd/Chf Buy 0.8865/70 then 0.8640/45, sell 0.8810/15 then 0.8850/55

Gbp/Usd Buy 1.6130/35 then 1.6065/70 then 1.6005/10, sell 1.6355/60 then 1.6390/95

Usd/Jpy Buy 81.70 then 81.55/60 then 81.35/40, sell 82.20/25 then 82.35/40 then 82.50/55

Euro/Usd Buy 1.4005/10 then 1.3965/70, sell 1.4235/40

Euro/Jpy Buy 114.60/65 then 114.20/25, sell 116.35/40 then 116.95/00

Gbp/Jpy Buy 132.00/05 then 131.40/45, sell 134.20/25 then 134.60/65

Usd/Cad Buy 0.9725/30 then 0.9700/05 then 0.9665/70, sell 0.9820/25 then 0.9850 then 0.9880/85

Euro/Chf Buy 1.2215/20 then 1.2180/85, sell 1.2410/15 then 1.2465/70 then 1.2520/25

Gbp/Chf Buy 1.4140/45 then 1.4115/20 then 1.4060/65, sell 1.4265/70 then 1.4295/00 then 1.4340

Nzd/Usd Buy 0.7895/00 then 0.7850/55, sell 0.8140/45

Euro/Gbp Buy 0.8605/10 then 0.8580/85, sell 0.8720/25 then 0.8750/55 then 0.8785/90

Aud/Usd Buy 1.0430/35, sell 1.0630/35 then 1.0700/05

Gold sell 1533 then 1537 then 1542, buy 1518 then 1515 then 1509

Oil Buy 98.25/30 then 96.85/90 then 95.60/65, sell 102.90/95 then 103.75/80 then 105.90/95

Medium Term Strategy:

Usd/Chf This pair is on downtrend, targetting low at 0.8590 while retracement is at 0.8760/70 and break is to 0.8800/10

Gbp/Chf This pair is still on downtrend, targetting low at 1.4110/20 while retracement is to 1.4240 break and base above is to 1.4270 and 1.4310/20 must hold

Euro/Chf This pair is still on downtrend, low is at 1.2270 below is to new historic lows as our short term signals for this pair, while retracement is at 1.2360/70, break is to 1.2460/70 and 1.2550/60 must hold

Euro/Jpy This pair had been moving sideways for some days, above 115.50 is to 116.40/50 then 117.10/20 must hold, below 115.50 might target 113.80/90

Gbp/Jpy This pair is still on uptrend, targetting 134.90/00, retracement is at 132.90 break is to 132.50 and 132.20 must hold

Usd/Jpy This pair is still on uptrend, but today might change this view after strong resistance in past days around 82.20/30( our previous days high), if goes below retracement at 81.50, break would target 81.10/20 while above is to 82.25/30

Euro/Usd This pair is trying to break to the upside, basing above 1.4160 would possibly target high at 1.4340/50, while below 1.4110/20 might target 1.4000/10 then 1.3960/70

Gbp/Usd This pair is on uptrend from yesterday, today had a strong resistance at 1.6333, break above here would extend gains to our short term sell signals and basing would confirm a possible new cycle of uptrend movement to target 1.6640 in coming days, Retracement is at 1.6230/40 then break is to1.6210/15, below would change our upward view and might target our short term buy signals

Euro/Gbp This pair is still on downtrend, retracement is at 0.9690/00, break is to 0.8730/40 and 0.8780/90 must hold while low is at 0.8590/00

Usd/Cad This pair is still on uptrend, basing below 0.9730 would change our view to 0.9650/60 while above is to target high at 0.9840/50

Aud/Usd This pair is trying to break to the upside but only basing above 1.0600 would confirm that and target 1.0690 while low is at 1.0420

Nzd/Usd This pair still on uptrend, targetting high at 0.8090/00 above is to our short term sell signal that must hold, low is at 0.7970/80

Gold is still on uptrend from 4 days ago, retracement is at 1521 break is to 1511 and 1507 must hold while high is at 1553/54 but would also have good resistance at 1542/43

Oil is on uptrend but would have good resistance at 102.00/10, basing above would confirm a new cycle of upward movement while retracement is at 100, break is to 99

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

  • US Prelim GDP: Buy Usd/Chf & Usd/Jpy if 2.4% or above while Buy Euro/Usd & Gbp/Usd if below 2%, and vice versa for sell.

Have A Great Trading Day

49

Hello Traders,

Forex Signals for the 27th of May 2011:

Usd/Chf sell 0.8610/15 then 0.8725/30

Gbp/Usd sell 1.6490/95 then 1.6580/85, buy 1.6275/80

Euro/Usd sell 1.4345/50, buy 1.4040/45

Usd/Jpy Buy 80.75/80 then 80.55/60 then 79.95/00, sell 82.05/10 then 82.40/45

Medium Term Signals:

Usd/Chf This pair is still on downtrend from 3 days, well this new downtrend appeared more powerful than expected, an early morning wake at news historic lows is very attractice for keep buying, and it seem that bernanke and his buddies with their President Obama were reading well my past 3 days post and liked the idea of Usd/chf at 0.50, keep the hard work guysā€¦lol
Besides, I believe that the forex market is being somehow ridiculous with such price movements for the Chf pairs, only depending on a news about new conflict or continuation in the middle east and north africa, with also the yen pairs collapsing at every news about earthquake or tsunami or nuclear areas problems in Japan, so all keep selling these pairs in the name of Safe Haven Currencyā€¦ Ofcourse, it is a big money gaining opportunity but it is becoming a rubbish always scenario seeing these pairs on new historic lows.
Iā€™ll not chase new historic lows as possible today low but I believe early morning low price at 0.8530 must hold, if breaks in later hours today, buy at any oversold price, retracement is at 0.8680, break is to 0.8750/60, might not be able to reach here but maybe there was some kind of intervention or powerful newsā€¦

Gbp/Usd This pair started an uptrend from 3 past days(read previous posts), targetting high at 1.6590/00 if not today maybe next week, retracement is at 1.6320/30, break is to 1.6240/50

Euro/Usd This pair is heading today or maybe next week to 1.4320 as said yesterday it was looking to break to the upside and achieved that, retracement is at 1.4150/60, below would change our view

Usd/Jpy This pair changed the view to the downside as said yesterday, today on downtrend, retracement is at 81.40/50, low is at 80.00/10(buy with blind eyes)

Euro/Chf This pair is still on downtrend, would not chase new historic lows but buy whenever possible, retracement is at 1.2290/00, break is to 1.2420

Gbp/Chf This pair still on downtrend, no chase for new historic lows but buy at lows whenever possible, retracement is at 1.4170/80, break is to 1.4240/50 then 1.4290/00

Euro/Jpy This pair had been moving sideways for many past days, a break and base above 116.20 would lead to a boost to the upward while on the downside seem basing above 114.50/60

Gbp/Jpy This pair is still on uptrend, basing above support 132.90 targetting 134.40/50, below said support is to 132.40

Euro/Gbp This pair is still on downtrend, retracement is at 0.8680, break is to 0.8720 then 0.8770/80 must hold, while low is at 0.8570

Usd/Cad this pair is still on uptrend, but previous days failure of breaking above 0.9820 is making it retreat to the downside, retracement is at 0.9740/50, below would change our upward view to target low at 0.9670/80 must hold while contiuation on the upward channel is to 0.9840

Aud/Usd This pair is on uptrend after breaking above yesterday, basing above retracement at 1.0600/10, and 1.0670 is starti g to form a front support to target and might target high at 1.0900 next week if retracement isnā€™t penetrated

Nzd/Usd This pair is still on uptrend, started a new cycle of historic highs as said yesterday after basing above retracement at 0.8050/60, and if 0.8120 keeps forming a good front support line, it would confirm the new cycle of historic highs
Anyway, The Kiwi had been very powerful and even dominating the other yielding currency the Aussie from around 2 weeks till nowā€¦

Gold is still on uptrend from 5 past days, targetting high at 1544/45 today, retracement is at 1508/9, below would change our upward view

Oil is still on uptrend started from 2 days, found strong resistance around 102 as I expected yesterday, today would also have tough time to pass 101.40/50, retracement is at 100, break is to 99.20/30, below would change our upward view

Have A Great Trading Day

50

Hello Traders,

Forex Signals for the 30th May 2011:

Short Term Signals:

Usd/Chf buy 0.8390/95 then 0.8340/45, sell 0.8665/70 then 0.8740/45

Euro/Usd buy 1.4135/40 then 1.4055/60, sell 1.4405/10 then 1.4450/55

Usd/Jpy buy 80.40/45 then 84.20/25 then 79.75/80, sell 81.35/40 then 81.65/70 then 81.90/95

Gbp/Usd buy 1.6380/85 then 1.6330, sell 1.6570/75 then 1.6600

Medium Term Strategy:

*IMF urged the SNB to raise interest rates.

Well, I liked to start this strategy with this sentence that describes what really happened on friday & effected the powering Chf currency.
Also, Chf News Release ā€œKOF Economic Barometerā€ came out as positive for this currency then US News release ā€œPending Home Salesā€ completely damaged the dollar and lead for a new historic low at 0.8510 then before market close marked another one at 0.8461
To be Honest & Straight forward, in today post for Usd/Chf pair I was going to mention how important and very crucial is 0.8460 price and to buy this pair at that price(at least for the first hit) because a break here would might mostly lead to 0.8000 psycological level, but the market decided to go to that price in last around 30 minutes from market close on friday.
You must rememeber wel traders(or read my previous posts) about how much I focused about a possible ā€œdisasterā€ for this pair and Euro/Chf & Gbp/Chf would also follow if SNB raise rates, and you saw on friday this small news impact on the forex market with these pairs going to new historic dangerous lows. So if an ā€œUrgeā€ made all this collapse then what if SNB adapted this urge and raises interest rates?!
Take Note that I am not saying that these pairs will keep downtrend, there is still possible reversal especially after hitting crucial support before a new week beggining and Fed Quantitative easing ends next month.
Anyway, all traders reading and following my signals for this pair(& others) must be in safe side because you knew from around 4 past forex days that this pair started a downtrend, the same for the other chf pairs but with different days on downtrend, so you are always ready before time for possible big pips gain.

Usd/Chf This pair is on downtrend, retracement is at 0.8600, break & base above is to 0.8720 then 0.8740/50 must hold, while low is our short term signals.

Gbp/Chf This pair still on downtrend, retracement is at 1.4100, break and base above is to 1.4200 and 1.4270/80 must hold while new possible historic low is at 1.3875/80

Euro/chf This pair is still on downtrend, retracement is at 1.2230/40 then break and base above is to 1.2375/80 then above might target 1.2500 and would hold here.

Gbp/Usd This pair is still on uptrend, you were also informed from many past days of the trend start, retracement is at 1.6400, break is to 1.6310/20 and 1.6280 must hold while high is at 1.6550/60

Euro/Jpy This pair still moving sideways, but we are waiting the opportunity for a breakout for the upside or downside, on the downside it is forming a good support at 114.40/50 as said on friday while above is below 116.00, break of any of both prices might decide direction, below is to low at 113.50 then break is to 113.00 while above is to high at 117.50(these are maximum possible reach targets for today)

Gbp/Jpy This pair is still on uptrend, but must go today to high at 133.90/00 to keep this direction, because below 133.00 would lead to 132.70 then 132.30/40 & a possible change of direction.

Usd/Jpy This pair is on downtrend started past 2 days(read previous posts), retracement is at 81.10/20, break is to 81.50/60 while low is at 80.00(buy with blind eyes).

  • The yen pairs are somehow more safe buying on dips than Chf pairs because intervention is prepared by BOJ at anytime of collapse near the 80.00 or little below levels.

Euro/Usd This pair is still on uptrend started from 2 days(read previous posts) & targeted our said friday price at 1.4320, retracement is at 1.4220 then break is to 1.4190 while above is to 1.4340/50, break would target 1.4420/30

Usd/cad This pair is still on uptrend, reached our retracement at 0.9740/50, today below here is needed to change our view, break is to 0.9680/90 while high is at 0.9840

Euro/Gbp This pair is still on downtrend, failed to break retracement and base above but made a false breakout then down again, today only basing above 0.8680 is to 0.8720 then 0.8755/60, while low is at 0.8560/70 if 0.8610/20 breaks first.

Nzd/Usd This pair still on uptrend, retracement is at 0.8100/10 break is to 0.8000 but take note that 0.8140/50 might be forming a front support for this pair, high is at 0.8250

Aud/usd this pair is still on uptrend, retracement and good support is at 1.0650/60 break and base below is to 1.0610/20 while high might target 1.0840/50

Gold is still on uptrend, retracement is at 1528, break is to 1514/15, high is at 1544/45

Oil is again having a strong resistance that is lowering to 101 today, below 100 is to 99.50/60 then break is to 98 and 96.50/60 must hold while above 101 is to 102.40 but break & base above here is needed to target high at 104.50/60

*Take note that banks are in holiday today, so many pairs might not easily hit our targets(short and medium) but as usual we are ready for any possible move by the market.

*Be aware that the market stared today with risk aversion with a strong dollar and yen, also the Canadian dollar is strong, while Chf, Nzd, & Euro are weak but that might change as the day hours run or if this scenario is kept running then might be a possible retracement for these currencies pairs.

We have an Important News Release for the Canadian dollar today:

  • CAD GDP: sell Usd/Cad if above 0.3% while buy if below 0%

Have A Great Trading Day

51

Hello Traders,

Forex Signals for 31st May 2011:

Short Term Signals:

Usd/Chf Buy 0.8445/50, sell 0.8555/60 then 0.8580/85

Euro/Usd Buy 1.4320/25 then 1.4240/45 then 1.4220/25 then 1.4185/90

Usd/Jpy Buy 80.70, sell 81.50 then 81.90

Gbp/Usd Buy 1.6430/35 then 1.6415/20then 1.6380/85, sell 1.6565/70

Medium Term Strategy:

Usd/Chf This pair is still on downtrend, retracement is at 0.8560 break is to 0.8690/00, break and base above would lead to 0.8740 that must hold while new historic low might be at 0.8440/50

Usd/Jpy This pair is still on downtrend despite trying to break above but must base above 81.50(crucial resistance) to achieve that targetting 81.90/00 then 82.20/30 must hold while low is at 80.00

Gbp/Usd This pair is still on uptrend, high is at 1.6560/70, retracement is at 1.6440/50, break is to hold at 1.6320

Euro/Usd This pair is still on uptrend, targetting 1.4590 if not today then in coming days just if 1.4420 is broken and based above while good support would be at 1.4270, but if breaks must hold above 1.4200

Euro/Chf This pair is still on downtrend, trying to break above 1.2220 retracement, if succeeds to base above here would lead to 1.2340/50 then another break if occurs must hold at 1.2470/80 while low is at 1.2120/30

Gbp/Chf This pair is still on downtrend, retracement is at 1.4080, a break then base above would target 1.4180 then 1.4260/70 must hold

Euro/Jpy This pair broke above yesterday said reistance at 116.00(Good buy as breakout strategy) and decided direction to the upside targetting high at 118.00 if not today in coming days, while good support is at 115.80

Gbp/Jpy This pair still on uptrend, had a hold on crucial support 133.00 then went to even above 133.90/00 to keep upward direction as mentioned yesterday, today more high is at 135.40 while retracement is at 133.40/50 but take note that 134.00/10 might be forming a front support but a break might lead to retracement

Euro/Gbp This pair is now moving sideways, based above yesterday retracement 0.8680 and targetted below our said resistance at 0.8720 to hit 0.8713(but certainly was a good breakout strategy), today must break above 0.8720 to target 0.8740/50 while below is to 0.8610/20

Usd/cad after many tries in past days to break 0.9740/50, it succeeded today and targetting 0.9700, break here is to start downtrend targetting 0.9630/40 while only above 0.9760 is needed to retain the upward view targetting 0.9830 later onā€¦

Aud/Usd This pair is still on uptrend, targetting high at 1.0820/30 while retracement is at 1.0670 break is to 1.0650 then 1.0620 must hold

Nzd/Usd This pair is still on the new cycle on historic highs, the front support that I talked about yesterday at 0.8140/50 had hold and high 0.8250 was targetted and little above 0.8262, today current high must be enough but a target of 0.8270 might be tested too, well above would lead to a very overbought condition, retracement is at 0.8150 but might hold above 82.00 as a front support line

Oil looks to have based above 100, trying to base on uptrend, but next resistance is at 101.90/00, break and base above is needed to retain this direction targetting 105 if not today then in coming days, while below 100 is to 98 then break is to 96.50/60

Gold is still on uptrend, high is at 1544/45, retracement is at 1532, break is to 1520 and 1509/10 must hold

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

  • BOC Rate Decision: The current rate is at 1%, sell Usd/Cad if 1.25% while Buy if 0.75%

Have A Great Trading Day

52

Hello Traders,

Forex Signals for 1st June 2011:

Short Term Signals:

Usd/Chf Buy 0.8465/70 then 0.8430/35 then 0.8400/05, sell 0.8575/80 then 0.8595/00 then 0.8650

Usd/Jpy Buy 80.65/70 then 80.25/30 then 79.80/85, sell 82.10/15 then 82.40/45 then 83.00/05

Euro/Usd Buy 1.4270/75 then 1.4215/20 then 1.4155/60, sell 1.4475/80 then 1.4510/15 then 1.4600/05

Gbp/Usd Buy 1.6375/80 then 1.6345/50 then 1.6270/75, sell 1.6545/50 then 1.6595/00 then 1.6640/45

Medium Term Strategy:

Usd/Chf This pair is still on downtrend, again failed in early hours today to break above retracement at 0.8550/60, break is to 0.8660/70 then 0.8740/50 must hold while below might first find support at 0.8490 then to our buy short term signals.
I believe this pair is in the moment of truth, retracement is squeezing it down each day and must break above or keep going down. With crucial news releases today must decide direction.

Usd/Jpy This pair is moving sideways, above 81.50 is to high at 82.20/30 while below 81.10 is to 80.60/70 and break is to low at 80.00/10

Gbp/Usd This pair is still on uptrend, retraced yesterday but opened above today and heading to 1.6540/50 while below retracement is to 1.6330/40 then 1.6310/15

Euro/usd This pair is still on uptrend, targetting high at 1.4510/20 while retracement is at 1.4330 break is to 1.4250/60 then 1.4220/25 must hold

Euro/Chf This pair is trying to break & base above retracement at 1.2320 to target uptrend target at 1.2450/60 while below is to 1.2260 support, break and base below is to 1.2130/40

Gbp/Chf This pair is still on downtrend, break of retracement at 1.4060/70 is to 1,4150/60 then break is to 1.4250/60 while support is at 1.3980/90

Euro/Jpy This pair is on uptrend, went to our high target yesterday, good gain as breakout from 116.00, retracement is at 116.50, break is to 115.90 then break is to 115.60/70

Gbp/Jpy This pair is still on uptrend, retracement is at 133.60 break and base below is to 133.00/10 then break here is to 132.40 while high is at 134.20

Euro/Gbp This pair broke to the upside and is on uptrend today, retracement is at 0.8730/35 break is to 0.8710/20 while high is at 0.8850/60

Usd/cad This pair started a downtrend movement as said yesterday(read previous post, you had 2 perfect accurate breakout strategies, sell from 0.9740/50 to 0.9700 then after CAD news release broke 0.9700 targetted 0.9650), retracement is at 0.9700 then 0.9720 and 0.9740 must hold while low is at 0.9570/80

Aud/Usd This pair still on uptrend, based above yesterday retracement targetting high at 1.0820 while below is to 1.0650 then 1.0620/30

Nzd/Usd This pair is still on uptrend, retracement is at 0.8170/80 break is to 0.8060 while new historic high might be at 0.8295/00(only if 0.8260 is broken and based above, not false breakout), but 0.8240 must form an early resistance)

Gold might change the past days uptrend today, targetting 1523 then break is to 1510 that would change our view if opens tommorow near that price or below while high is at 1546/47

Oil is on uptrend, today must find resistance at 103.60 and below 104 while retracement is at 101.70 break is to 100.30/40 and above 100

We have 3 crucial news release for the sterling and dollar today:

  • UK Manufacturing PMI: Sell Gbp/Usd if 53 and below while buy if 55 and above

  • US ADP NFP Change: Buy Usd/Chf & Usd/Jpy if 200K and above while Buy Euro/Usd & Gbp/Usd if 150K and below, vice versa for sell

  • US ISM Manufacturing PMI: Buy Usd/Chf & Usd/Jpy if 60 and above while Buy Euro/Usd & Gbp/Usd if 56 and below, vice versa for sell

Have A Great Trading Day

53

cool ; keep posting mate

54

Hello Traders,

Forex Signals for 2nd June 2011:

Short Term Signals:

Usd/chf Buy 0.8320/25 then 0.8285/90, sell 0.8545/50 then 0.8605/10 then 0.8670/75

Euro/Usd Buy 1.4255/60 then 1.4225/30, sell 1.4445/50 then 1.4505/10 then 1.4550/55

Gbp/Usd Buy 1.6250/55 then 1.6220, sell 1.6480/85 then 1.6550/55

Usd/Jpy Buy 80.40/45 then 80.15/20, sell 81.60/65 then 81.90/95 then 82.30/35

Medium Term Strategy:

Usd/Chf As I said yesterday this pair was in the moment of truth and decided direction with a collpase to the downside(Good that it didnā€™t hit directly 0.8000ā€¦, with the ADP Super bad US News Release from 177K down to 38K must be a real joke and bernanke must surely find himself a new job and maybe a change of the whole Fed buddies), despite retreating in late hours but still on downtrend.
Retracement is at 0.8490, break and base above is to 0.8620 then 0.8720, while new historic lows is our short term buy signals

Euro/Usd This pair is still on uptrend, despite retracement yesterday, it is at 1.4300/05 today break and base below would change our view and lead to 1.4240 then 1.4220 while high is at 1.4450/60

Gbp/Usd This pair retraced more than must be to keep it on uptrend, but 1.6300 must be broke for a possible change of direction while above is to 1.6380, break here is to 1.6520 while below 1.6300 is to our short term buy signals

Usd/Jpy This pair failed to break above 81.50 leading it downwards, today break of 81.50 and base above is needed for uptrend bases targetting 82.30 while below is to 80.60/70 then break is to 80.20 but must filter above 80.00

Gbp/Chf This pair is still on downtrend, retracement is at 1.3900 (but 1.3820 might be forming a lower resistance), break is to 1.4070/80 high, new historic low might be at 1.3600 then 1.3530 then You pack your bags to find a new jobā€¦LOL

Gbp/Jpy This pair opened today on downtrend, retraced in early hours today to around retracement at 132.90/00, must break and base above 132.40 to try retracement again while below is to target 131.40

Euro/Jpy This pair is still on uptrend despite retracement, today below 115.60 would change this view targetting 114.50/60 while high is at 117.20

Euro/chf This pair is still on downtrend, retracement is at 1.2150/60 break is to 1.2255/60 while low must hold at 1.2000 psycological level, below is 1.1930/40

Euro/Gbp This pair started an uptrend yesterday(read previous post), targetting 0.8840, retracement is at 0.8740/50 break is to hold at 0.8700/10

Usd/Cad this pair based on uptrend today, targetting 0.9840 while only below 0.9750/60 would change our view to target 0.9700/10, break must hold at 0.9660/70

Aud/Usd This pair opened on the downtrend today, base above 1.0650 is needed to change this view and target 1.0750 while below is to target 1.0500/10

Nzd/Usd This pair is retracing to the downside at 0.8070/80, break is to 0.7980/90 and downtrend would start while high is at 0.8240

Gold is still on uptrend started from many past days(review past posts), retracement is at 1537 break is to 1528 then 1513 must hold while high is at 1549/50

Oil retreated below our yesterday resistance, today opened on downtrend targetting 96.50/60 while only above 100.50 would change our view to target 103.20

Have A Great Trading Day

55

Hello Traders,

Forex Signals for 3rd June 2011:

Short Term Signals:

Usd/Chf Buy 0.83.85/90 then 0.8370/75 then 0.8345/50, sell 0.8465/70 then 0.8475/80 then 0.8500/05

Gbp/Usd Buy 1.6285/90 then 1.6250/55 then 1.6195/00, sell 1.6440/45 then 1.6475/80 then 1.6535/40

Usd/Jpy Buy 80.35/40 then 80.10/15 then 79.70/75, sell 81.40/45 then 81.65/70 then 82.00/05

Euro/Usd Buy 1.4310/15 then 1.4230 then 1.4150/55, sell 1.4595/00 then 1.4640/45 then 1.4770/75

Medium Term Strategy:

Usd/Chf This pair is still on downtrend, retracement is at 0.8460, break is to 0.8580/90 then break here must hold at 0.8700 while new historic lows is our short term buy signals.

*Today, with the US NFP Crucial News Release, this pair and the dollar currency as basic would have the opportunity to power & boost to the upside. It is becoming a habit recently that a US bad news release is powering the dollar, it seems that traders had got used to the bad US data, seeing it as nothing can be more bad than thisā€¦LOl, so making a counter decision.
Take Note that the Euro powered yesterday at late hours because EU decided on new help program for Greece as a principal now.

Euro/Usd This pair is still on uptrend, retracement is at 1.4400/10 break would target 1.4260/70 while high is to our short term sell signals

Gbp/Usd this pair is in a squeezed area, but more on the downside, break and base below 1.6300 is needed to confirm downtrend targetting 1.6260/70 first then break is to 1.6130 and 1.6090 must hold while above 1.6380 is to target high at 1.6520

Usd/Jpy This pair is on downtrend targetting 80.20 while retracement is at 81.00, break is to 81.30, and high is at 82.10/20

Euro/Chf This pair is trying to break to the upside, retracement is at 1.2250, break and base above would confirm the uptrend targetting 1.2400, while below 1.2200 would target low at 1.2040/50

Gbp/Chf This pair is still on downtrend, retracement is at 1.3860, break is to 1.4040, new historic low is at 1.3710/15

Euro/Jpy This pair is on the upside, retracement is at 116.60, reak is to 116.00 then 115.70 must hold while high is at 117.50

Gbp/Jpy This pair reversed to the downside, targetting 130.80 while retracement is at 132.60, only break above 132.90/00 would change our downside view, high is at 133.90/00

Euro/Gbp This pair is still on uptrend, targetting 0.8900 that must hold, retracement is at 0.8800, break here is to hold at 0.8730/40

Usd/Cad This pair is moving sideways, above 0.9740 is to 0.9840, while below is to 0.9700/10

Aud/Usd This pair is moving sideways, above 1.0660 is to target 1.0800/10 while below 1.0620 is downtrend to target 1.0480/90

Nzd/Usd This pair is still on uptrend, retracement is at 0.8100, only below would change our view to target 0.7990/00 while high is at 0.8260

Oil is moving sideways, below 100 is to 96.80 then break is to 95.20 while high is at resistance 103.20/30

Gold is still on uptrend but might change this view today if bases below 1530 targetting 1515, break is to 1505, and below 1500 would target 1486 then 1481 if thereā€™s a strong selling especially with NFP News Release and rememeber today is friday, so everything is expected to happen.

We have a Very Important news Release today for the dollar currency as basic and all other currencies would have a part of the effect that would be caused before and after the news release.

NFP & Unemployment Rate: Buy Usd/Chf & Usd/Chf if 250K and 9 % or more better while Buy Euro/Usd & Gbp/Usd if 150K or below and 9 % or more bad, vice versa for sell

Then thereā€™s the US ISM Non-Manufacturing PMI News Release but with lesser Importance but could also effect the market: Buy Usd/Chf & Usd/Chf if 55 or above while Buy Euro/Usd & Gbp/Usd if 52 or below, vice versa for sell

Also, to not leave the sterling currency behind, we have the UK Services PMI(timing is before the 3 news releases above): Buy Gbp/Usd if 56 or above while sell if 53 or below

Have A Great Trading Day

56

Hello Traders,

Forex Signals for 6th June 2011:

Short Term Signals:

Ush/Chf Buy 0.8280/85 then 0.8250/55, sell 0.8435/40 then 0.8485/90 then 0.8525/30

Usd/Jpy Buy 79.70/75 then 79.45/50 then 78.85/90, sell 81.00/05 then 81.40/45

Gbp/Usd Buy 1.6285/90 then 1.6225/30 then 1.6170, sell 1.6500 then 1.6535/40

Euro/Usd Buy 1.4460/65 then 1.4380/85 then 1.4315/20, sell 1.4725/30 then 1.4765/70

Medium Term Strategy:

Usd/Chf This pair is still on downtrend, retracement is at 0.8400 break and base above is to 0.8530, while low is at 0.8300/05, break is to our short term buy signals

Euro/Usd This pair is still on uptrend, retracement is at 1.4520(but 1.4600/05 might be forming a front support line), break is to 1.4340 later on while high is to our sell short term signals

Gbp/Usd This pair is on uptrend targetting high at 1.6530/40, retracement at 1.6380, break is to 1.6300/10

Usd/Jpy This pair is still on downtrend, retracement is at 80.60 break is to 81.10/20 while low is to our buy short term signals

Euro/Chf This Pair might start an uptrend movement if bases above 1.2230 targetting 1.2390 while low is at 1.2020

Gbp/Chf This pair is still on downtrend, retracement is at 1.3780/90, base above is to 1.3970/80 while below is to 1.3600/10

Euro/Jpy This pair is on uptrend, retracement is at 117.00 break is to 116.20/30 then 115.80/90 must hold while high is to 117.90

Gbp/Jpy this pair is on downtrend, retracement is at 132.40, break is to 132.90 changing our downside view, low is at 130.80

Euro/Gbp this pair is still on uptrend, retracement is at 0.8850, break and base below would target 0.8750 while high is at 0.9000 then if breaks, 0.9040 must hold

Usd/Cad this pair is still on uptrend, targetting high at 0.9840/50, retracement is at -.9760 only break and base below would change our view to target 0.9720
*Take Note that thereā€™s an important news release for the CAD today that would effect this pair movementā€¦

Nzd/Usd This pair is still on uptrend, targetting 0.8270/80 while break and base below 0.8120 would target 0.8000/10

Aud/Usd This pair still on uptrend, targetting 1.0795/00, retracement is at 1.0695/00, break is to hold at 1.0640/50

Gold is still on uptrend, targetting high at 1555, retracement is at 1538/39 break and base below is to 1533/34, only break here would change our upside view to 1517

Oil is moving sideways, below 99.90 is to 98.00/10 then break and base below is to 96.90, while above 100.50 is to 102.90/00

We have an Important News Release for the Canadian Currency Today:

  • CAD IVEY PMI: Buy Usd/Cad if 56 or below while sell if 60 or above

Have A Great Trading Day

57

Hello Traders,

Forex Signals for 7th June 2011:

Usd/Chf Buy 0.8305/10 then 0.8290/95 then 0.8255/60, sell 0.8385/90 then 0.8410/15 then 0.8435/40

Gbp/Usd Buy 1.6290/95 then 1.6260/65 then 1.6195/00, sell 1.6455/60 then 1.6505/10 then 1.6550/55

Euro/Usd Buy 1.4515/20 then 1.4490/95 then 1.4430/35, sell 1.4655/60 then 1.4695/00 then 1.4735/40

Usd/Jpy Buy 79.80/85 then 79.70/75 then 79.45/50, sell 80.40/45 then 80.55/60 then 80.75/80

Medium Term Strategy:

Usd/Chf This pair is still on downtrend, retracement is at 0.8380/90, break and basing above is to 0.8480/90 then 0.8650/60 must hold while low is at 0.8250/60

Usd/Jpy This pair is still on downtrend, retracement is at 80.40 break and base above is to 80.90 then 81.10/20 must hold, while 80.00 might hold for low but if breaks would target our short term buy signals

Euro/Usd This pair is still on uptrend, but high is lowering to 1.4620/30 today, but if breaks would target our short term sell signals, retracement is at 1.4530/40, break is to 1.4380/90

Gbp/Usd This pair turned it to the downside, starting a downtrend today targetting 1.6300/05 first, break here would extend weakness to our short term buy signals, while only above 1.6370 then 1.6390/00 would change our downside view

Euro/Chf This pair wasnā€™t able to base on the uptrend yesterday, trying again today to break and base above 1.2200 targetting high at 1.2360, while low is at 1.2000/05

Gbp/Chf This pair is still on downtrend, low is at 1.3580, retracement is at 1.3720 break is to 1.3900/05

Euro/Jpy This pair still on uptrend, below 116.30/40 is to 115.80/90, while high is at 117.80/90, 116.80 would play a role bt. basing high and going to 116.30/40

Gbp/Jpy This pair is still on downtrend, low is at 130.50, retracement is at 131.60, break is to 132.30 then 132.60 must hold

Euro/Gbp this pair is still on uptrend, targetting 0.9000 then break is to 0.9040/50 while retracement is at 0.8880, break and base below would target 0.8840/45

Usd/Cad This pair is still on uptrend, high is at 0.9840/50, retracement is at 0.9780, break is to 0.9760/65 then 0.9730/35 must hold

Aud/Usd This pair is still on uptrend, high is at 1.0770, retracement is at 1.0700, break is to 1.0660 then 1.0630/40

Nzd/Usd This pair is still on uptrend, high is at 0.8290/00, retracement is at 0.8130, break and base below would target 0.8020

Oil is on downtrend after yesterday downside move, low is at 97.00, retracement is at 99.50/60, break is to hold at 100.30/40

Gold is still on uptrend, small to average daily candle movements are moving Gold higher each day, high is at 1558/59, retracement is at 1541.50/60, break is to 1535, break here would extend wekness to 1518/19 if thereā€™s enough sell power

  • Some traders ask me, ā€œwhen you say that high for a certain pair is for example at 90, some times the price goes to 80 and we miss the sell, then why canā€™t we sell below some pips if the price is mostly going to collapse later on?ā€

My clear answer is: " I do not predict what the next movement can be and rush into trades, this isnā€™t gambling even if the sell or buy order at low or high or breakout comes out to be very profitable later on, but you canā€™t perfect that the market would move as my analysis say, maybe itā€™s moving more than 90%(no arrogance) but I do not control the market and thereā€™s still enough % for fault or not necessary a mistake in analysis by me but simply something(surprise news release or ā€¦) changed the market directionā€¦
Yes, Sometimes you can enter such trades with few pips difference only if the price is in very overbought or oversold zones and you have enough forex experience to know that.

Always, remember that thereā€™s an always alternative with my medium term strategy, meaning the retracement holds for few pips then is broken, you can still gain few pips or at worst loose small pips and use the breakout strategy to gain much bigger pipsā€¦

Have A Great Trading Day

58

Hello Traders,

Forex Signals for 8th June 2011:

Short Term Signals:

Usd/Chf Buy 0.8315/20 then 0.8290/95 then 0.8260/65, sell 0.8400/05 then 0.8420/25 then 0.8455/60

Gbp/Usd Buy 1.6320/25 then 1.6265/70 then 1.6205/10, sell 1.6525/30 then 1.6560/65

Euro/Usd Buy 1.4570/75 then 1.4515/20 then 1.4470/75, sell 1.4750/55 then 1.4780/85

Usd/Jpy Buy 79.75/80 then 79.55/60, sell 80.35/40 then 80.50 then 80.60/65

Medium Term Strategy:

Usd/Chf This pair is still on downtrend, retracement is at 0.8375/80 break and base above is to 0.8445/50 then to 0.8630/40(if good buying power exist) must hold

Usd/Jpy This pair is still on downtrend, above retracement at 80.30 is to 80.70 then 81.00/10 must hold

Euro/Usd This pair is still on uptrend, high is at 1.4700/10, retracement is at 1.4600 break and base below is to 1.4450

Gbp/Usd This pair is moving sideways, after yesterday turn from down to up(due to China Official Gaun Tao who said that the U.S might target a weak dollar policy which weakened the dollar and turned this pair to the upside just as the Euro/Usd made a spike above 1.4630 after this surprise news) but today did the opposite, below 1.6400 would target 1.6300/10 then a break is to our short term signals while above is to high at 1.6540(if possible) but better if you target the short term signals for this pair today.

Euro/Chf This pair started an uptrend today, yesterday was trying and succeeded with a good breakout strategy, retracement is at 1.2230/35 then 1.2200/05 must hold while above is to 1.2350

Gbp/Chf This pair is still on downtrend, after failure to continue to the upside, held on retracement at 1.3760/70 today, low is at 1.3560/70, break of retracement is to 1.3860/70

Euro/Jpy This pair is moving sideways after failure today above retracement today at 117.10, below here is to target 116.50 then 116.00 must hold while high is at 118.00 (if possible today)

Gbp/Jpy This pair is still on downtrend, low is at 130.30/40, retracement is at 132.30/40

Euro/Gbp this pair is still on uptrend, retracemetn is at 0.8900/10, break is to 0.8800/05 must hold

Usd/Cad This pair is still on uptrend, targetting high at 0.9835/40,

Aud/Usd This pair turned it to the downside today and looking to start a downtrend and would be confirmed by tommorow, targetting low at 1.0500/10, retracement is at 1.0675/80 but 1.0640 might form a lower resistance

Nzd/Usd The same can be said for this pair, basing below 0.8170 is to target 80.30/40 would be confirmed by tommorow, while above 0.8170 is to 0.8230

Oil is still on downtrend, targetting 97.00/10, retracement is at 99.20 now

Gold might start a downtrend movement by tommorow if bases below 1536/37 targetting 1520/21 while above is to hold at 1550

  • I am too busy with Personal & Business matters but didnā€™t like this day to pass without me trying to help you gain good pips with my signals and strategyā€¦

Have A Great Trading Day

59

Hello Traders,

Forex Signals for 9th June 2011:

Short Term Signals:

Usd/Jpy Buy 79.50/55 then 79.35/40 then 79.00/05, sell 80.30/35 then 80.50/55 then 80.75/80

Usd/Chf Buy 0.8335/40 then 0.8325/30 then 0.8305/10, sell 0.8380/85 then 0.8395 then 0.8405/10( small range trading for this pair according to slow price action in past days. trying to beat Usd/Jpy in lower daily average price rangeā€¦lol)

Gbp/Usd Buy 1.6325/30 then 1.6295/00 then 1.6245/50, sell 1.6470/75 then 1.6500/05 then 1.6555/60

Euro/Usd Buy 1.4510/15 then 1.4480/85 then 1.4400/05, sell 1.4690/95 then 1.4740/45 then 1.4790/95

Medium Term Strategy:

Usd/Chf This pair is moving like an ant, waiting for crucial news release to boost and hopefully to the upside, retracement lowering to 0.8370 break is to 0.8415/20 the break here would extend gains to 0.8600/10, low is at 0.8200

Usd/Jpy This pair trying to change the past days of downtrend targetting above retracement at 80.15 to 80.55/60 then 81.00/05 must hold

Euro/Usd This pair is holding on uptrend, high is at 1.4730/40, below 1.4570 would target 1.4490 then break is to 1.4320/25(despite far of daily price range but might be possible with crucial news release of rates by ECB)

Gbp/Usd This pair moving sideways, basing above 1.6420 is to high at 1.6550 while below 1.6400 would target 1.6320 first

Gbp/Chf This pair again failed to break above retracement is at 1.3730 break is to 1.3820 then 1.4040/50 must hold(not impossible daily price range with BOE rate decision news release), while low is at 1.3530/40

Euro/Chf This pair is moving sideways, basing above 1.2220 is to target 1.2330, below 1.2190 is to target 1.2160 then break and base below here might extend weakness to 1.2000/05

Euro/Jpy This pair is moving sideways, above 117.00 might target 118.00/10 while below 116.70 might target 116.00/10

Gbp/Jpy This pair is still on downtrend, basing above 131.50 might target 132.20/30 while basing below might target low at 130.30/40

Euro/Gbp This pair is still on uptrend, high is at 0.8960/70, below 0.8900 might target 0.8820 and 0.8770/80 must hold

Usd/Cad This pair is still on uptrend, but momentum is squeezing especially to the upside and a decision of a boost might be soon like many other pairs too, or tight range of trading would be kept, high is at 0.9830/40, low is at 0.9670/80 but must break 0.9740/50 first

Nzd/Usd This pair is moving sideways but more on uptrend channel today targetting high at 0.8330 while below might target 0.8030/40

Aud/Usd This pair started a downtrend movement as said yesterday targetting 1.0500/10 first while only above crucial resistance at 1.0670 would change our view, you had a big opportunity today at early hours to enter a sell order after this pair retracement to 1.0662(normal after a big yesterday bearsih candle) after opening at 1.0620 to keep its new trend movement with a collpase to the downside

Gold starting a downtrend movement today, targetting 1522 first while retracement is at 1539

Oil made a turning point from down to up, basing on uptrend targetting 102.40/50 first while below 100.50 might target again downtrend at 99.80/90 then break is to 98.00 and low at 97.30/40 must hold

We have 2 Important News Release today for the Sterling & Euro currencies:

  • UK Rate Decision & Asset Purchasing Facility by BOE: Sell sterling if kept at 0.50% & 220 Billion while Buy if 0.75% and kept at 200 Billion. I believe both same numbers would be kept but the overall atmosphere surrounded by the news release might effect this pair direction, so better wait for market to decide direction unless one of both sell or buy possibilities is surprisly announced by BOE.

  • ECB Rate Decision: sell if 1% while buy if 1.50%, I believe the % would be kept at 1.25% but Trichet talks would have more importance than this news release numbers unless 1 of the sell & buy possibilities is surprisly announced by the ECB.
    All ears would be for Trichet talks who might signal past talks about rate hike in July, another talk than this or a moving back policy by Trichet would weaken the Euro fast & the opposite would happen if confirms july hike.

Have A Great Trading Day

60

Hello Traders,

Forex Analysis & Signals for the 10th June 2011:

Short Term Signals:

Usd/Chf Buy 0.8340/45 then 0.8310/15 then 0.8270/75, sell 0.8465/70 then 0.8495/00 then 0.8540/45

Usd/Jpy Buy 79.80/85 then 79.60/65 then 79.35/40, sell 80.60/65 then 80.75/80 then 81.15/20

Euro/Usd Buy 1.4410/15 then 1.4370/75 then 1.4265/70, sell 1.4650/55 then 1.4715/20 then 1.4785/90

Gbp/Usd Buy 1.6310/15 then 1.6285/90 then 1.6215/20, sell 1.6460/65 then 1.6505/10 then 1.6540/45

Medium Term Strategy:

Usd/Chf This pair succeeded with a breakout strategy yesterday but failed to follow up, today is squeezed in a small area bt. resistance & support, breakout strategy would also be in the game today.
Break and base above 0.8420 is to target 0.8580/90 while below 0.8390 is to target 0.8350 then break here might target maximum low for today at 0.8200

Usd/Jpy This pair is still on downtrend, after failure in early hours today to break above 80.50 and lower resistance at 80.20 might push it more down to target low at 79.60, while only above 80.50 would change my view to target 81.00

Euro/Usd This pair is squeezed bt. resistance and support waiting for a breakout to either side to decide direction for today, break and base above 1.4555 is to target 1.4650 then break here might target 1.4730/40 while break and base below 1.4490/00 would target low at 1.4340

Gbp/Usd This pair is starting a downtrend movement today, after basing below retracement at 1.6390/00, but Iā€™ll stay cautious because this pair is moving sideways from past days up and down.
1.6310/15 is an important support area(break here & base would extend weakness to our short term buy signals), so traders who sold around 1.6390/00 or above are safe to hold their sell orders till said support prices are penetrated or can take profit if they wish at that price, while only above resistance at 1.6400 would change our downside view to target 1.6460/70 first.
This pair might keep moving sideways till next UK Meeting Minutes in around 2 weeks time, ofcourse unless some surprise news hit the market like BOE official talksā€¦

Euro/Chf This pair moving sideways and in a squeezed area today after failure to continue to the upside, break and base above 1.2220 is to target 1.2305/10 while below 1.2295/00 is to target 1,2160 & a break here is to extend weakness to 1.2100/10 then low at 1.2000/05 must hold

Gbp/Chf This pair also failed to continue to the upside, break and base above 1.3800 is to target 1.4000 while below 1.3740 is to target low at 1.3520 but with some support on the road down as 1.3700 then 1.3660 then 1.3630/40

Euro/Jpy This pair started a downtrend movement today basing below 116.70 after retracing in early hours to around 116.85, but a break and base 116.15 is necessary for price to continue to the downside targetting 115.90 support first then a break here is to 115.50 & weakness would extend below here to target low at 114.40/50

Gbp/Jpy This pair is still on downtrend, targetting low at 130.40 first, above 130.40 is to retracement at 131.95/00 then 132.20/30 must hold

Euro/Gbp This pair fell from uptrend and now moving in a squeezed area bt. resistance at 0.8890 break and base above is to high at 0.8960/70 while breaking below support at 0.8840 is to 0.8780.

Usd/Cad This pair is on downtrend today, retracement is at 0.9760, break and base above would change our view to target 0.9815/20 while low is at 0.9680

Aud/Usd This pair is still on downtrend started from 2 past days, targetting low at 1.0500/10 while retracement at 1.0660/70 break would change our view to target 1.0720 and 1.0760 must hold

Nzd/Usd This pair is still on uptrend after yesterday spiked confirmed that keeping it on upward channel, retracement is at 0.8210/15 break and base below would target 0.8180, break here would change our view targetting downside at 0.8060/70(if possible due to daily average price range but maybe as today is a friday), high is at 0.8360 must hold

Oil is still on uptrend, targetting our high yesterday at 102.40/50, today high is at 102.70/80, retracement is at 101.00/10, break is to 100.60/70 then 100 must hold but if broken then our upside view would change

Gold is still on uptrend, targetting high at 1563/64, retracement is at 1540 break and base below is to 1525

Thereā€™s an important news release for the Canadian dollar today:

  • CAD Employment Change: Buy Usd/Cad if 15K and below while sell if 40K and above

Have A Great Trading Day

61

Hello Traders,

Forex Signals for 13th June 2011:

Short Term Signals:

Usd/Chf Buy 0.8390/95 then 0.837580 then 0.8360, sell 0.8490

Usd/Jpy Buy 79.90/95 then 79.70/75 then 79.50/55, sell 80/70/75 then 81.00/05

Gbp/Usd Buy 1.6140/45 then 1.6100/05, sell 1.6370/75 then 1.6440/45

Euro/Usd Buy 1.4225/30 then 1,4175/80, sell 1.4540/45

Euro/Jpy Buy 114.20 then 113.70/75, sell 116.80/85 then 117.60

Gbp/Jpy Buy 129.10/15 then 128.60/65, sell 131.75/80 then 132.45/50

Usd/Cad Buy 0.9715/20 then 0.9680 then 0.9650, sell 0.9835/40 then 0.9855/60

Gbf/Chf Buy 1.3585/90 then 1.3545/50, sell 1.3785/90 then 1.3840/45

Nzd/Usd Buy 0.8105/10, sell 0.8170/75 then 0.8275/80

Euro/Chf Buy 1.1995/00 then 1.1950/55, sell 1.2235/40 then 1.2300/05

Aud/Usd Buy 1.0470/75 then 1.0440/45 then 1.0360/65, sell 1.0645/50 then 1.0695/00

Euro/Gbp Buy 0.8790 then 0.8765/70 then 0.8705/10, sell 0.8920 then 0.8955/60 then 0.8990/95

Gold Buy 1519.50 then 1514.30/40, sell 1546.40 then 1553.70/80

Oil Buy 97.10 then 96.25/30, sell 101.90/95 then 103.40/45

Medium Term Strategy Analysis(Daily):

Usd/Chf This pair started an uptrend movement today targetting high at 0.8560/70 while retracement is at 0.8410/20, basiing below would change my upside view for a retest of 0.8350/55

Euro/Usd This pair started a downtrend movement on friday after succeeding with our breakout strategy(1.4490/00 to 1.4340 low, review previous post), today retracement is at 1.4440, break and base above must hold at 1.4490/00, only above here would change my downside view, while continuing downtrend is to target our short term buy signals first

Usd/Jpy This pair broke to the upside, but must base above 80.50 to start an uptrend movement by tommorow, targetting today high at 81.00/05 while retracement is at 80.30 break and base below would return it to downtrend channel with retest of 79.95, break and base below here would target low at 79.60

Gbp/Usd this pair started a downtrend movement on friday after breaking and basing below 1.6310/15(review previous post) and was a good breakout strategy, today retracement is at 1.6300, break is to 1.6320 but break here if occurs must hold at 1.6360, while low is at 1.6100/05

Euro/Chf This pair is again on downtrend, retracement is at 1.2155/60, break is to 1.2185/90 but only break and base above here would change my downside view for this pair to target high at 1.2280 while continuing on the downside is to target 1.2055/60 good support but a break here might extend weakness fast to a new historic low at 1.1975/80 first

Gbp/Chf this pair is moving sideways, trying to break above to base on uptrend, but that can only be achieved if breaks and bases above 1.3755/60 to them target our short term sel signals for this pair, while on the downside low is at 1.3630 then below is to our short term buy signals

Euro/Jpy This pair started a downtrend movement on friday(reviw previous post), today retracement is at 115.95/00, break is to 115.20 but only break and base above here would change my downside view to target 116.60/70, while as continuation of downtrend low is at 114.50/55

Gbp/Jpy This pair is still on downtrend, would move sideways today on downtrend channel bt. 130.90/00 and 130.20 crucial support, but if broke below here would target our short term buy signals.

Euro/gbp This pair is starting a downtrend today, targetting 0.8780/90 first while retracement is at 0.8860, only break and base above would change my downside view for this pair to target 0.8920/30

Usd/Cad this pair is moving sideways, high is at 0.9820/30, break and base below 0.9750 is crucial to return to the downside targetting 0.9710 but break here might target 0.9680. In general, no real movement for this pair, maybe a good trading for scalpers taking advantage of sideways current movement.

Aud/Usd This pair is still on downtrend started from 3 past forex days, retracement is at 1.0590, only break and base above would change my downside view to target 1.0630/40 while low is at 1.0500/05, break here would extend weakness to the short term buy signals.

Nzd/Usd This pair is starting a downtrend movement today, basing below 0.8190/00 targetting low at 0.8080 that must hold, while only a base above said resistance at 0.8190/00 would change my downside view to retest 0.8220(despite this scenario is far of happening but we are as always ready for any possibility given by the market for any pair)

Gold This pair is still on downtrend but finding good support at our friday said low price 1525, only break here might extend weakness to target our short term buy signals for Gold

Oil is on downtrend today after a big collapse on friday to base below on the downtrend, retracement is at 99.90, break above is to target 100.20/30 but only base above here would change my downside view then to target 102.00, while low is at 97.40/50

  • To clarify some forex words I use in my analysis: low means it would be a good buy order, high is a good sell order, retracement would be a good buy or sell order according to the pair current trend, for example for Euro/Usd pair today , this pair is on downtrend, retracement is at 1.4440, so it would be good to sell at that price at least for some good pips gain because youā€™ll be still trading with the big trend(daily), while break means a good opportunity for breakout trading just as what happened successfully with Euro/Usd & Gbp/Usd pairs on friday, also break of retracement can lead to a breabout trading but keep cautious of false breakouts by using a strategy of some candles(at least on 5 minute chart, usually not below 3 candles) testing the retracement then basing above it to continue the breakout successfully,mainly the price moving more than 10 pips above retracement is enough to confirm a breakout strategy.

Some Important News Release to look at today but canā€™t be actually traded but can be focused at waiting for a clear movement by the market afterwards:

-4:00am EUR Italian Industrial Production(not an important news but might leave some effect on the Euro Currency)

-10:00am EUR ECB President Trichet Speaks(Important for the Euro currency)

-2:00pm GBP MPC Member Weale Speaks(Important for the Sterling Currency)

  • All time are EST

Have A Great Trading Day

62

Hi FMM, thank you very much for yor signals/your work. Itā€™s very helpfull. I have a question, when would be the right moment/signal to set a trade concerning the Medium Strategy?

Keep up the good work.

Regards,

Cania

63

Hello Cania,

Thanks for the compliment.

The best time to enter a trade for the medium term strategy is at the start of uptrend or downtrend movement(that I daily update you with) at the open of the new daily candle. But sometimes the pair retraces especially after a big bullish or bearish candle the day before, so youā€™ll have better chance to sell or buy at retracement following the main trend till I announce that a certain pair had reversed.
Sometimes it takes weeks and more than a month for a daily trend to stop and reverse, for example Euro/Chf had been for around a month with failure every now and then to base aboveā€¦Also, Usd/Chf & Gbp/Chf with the same scenario.

But some traders do not like to keep their orders opened that long and not even formore than a day but like to open and close the order at same day. And with my medium term strategy they achieve that with even more pips gains by using breakout, retracement, high, low strategies rules as mentioned in yesterday and past posts, besides some pairs at some day had done all these strategies in 1 day. So you choose your prefered strategy like the above ones or simpy follow the trend till reversal using my TP & SL rules posted at first page of this thread.

Good Luck