Forex Buy & Sell Trading Signals

Commercial Content Trading Signals
104

Hello Traders,

Forex Signals & Analysis for 11th July 2011:

Short Term Signals:

Usd/Chf Buy 0.8285/90 then 0.8255/60 then 0.8150/55, sell 0.8505/10 then 0.8570/75 then 0.8625/30

Euro/Usd Buy 1.4165/70 then 1.4120/25 then 1.4035/40, sell 1.4375/80 then 1.4435/40 then 1.4500/05

Usd/Jpy Buy 80.10/15 then 79.85/90 then 79.25/30, sell 81.40/45 then 81.80/85 then 82.15/20

Gbp/Usd Buy 1.5925/30 then 1.5870/75 then 1.5810/15, sell 1.6125/30 then 1.6160/65 then 1.6250/55

Medium Term Daily Analysis:

Usd/Chf This pair reversed to downtrend channel after a super bad NFP News Release on friday, today basing below retracement at0.8395/00 targetting low at 0.8300/10, while a base above 0.8405 is to target 0.8425/30 then break & base above here is to as high as 0.8510/20.
I believe this pair might move with tight price range today waiting for tommorow FOMC Meeting Minutes that would decide what direction should this pair be moving toward in coming daysā€¦

Gbp/Usd This pair is still on downtrend, basing below 1.6020 targetting as low as 1.5900/10 with support 1.5930 on the way down, while above 1.6020 is to 1.6040/50, basing above here is to target our short term sell signals for this pair/

Euro/Usd This pair is still on downtrend, targetting low at 1.4100/10, retracement is at 1.4250/60, break is to 1.4330/40 then 1.4375/80 must hold.

Usd/Jpy This pair reversed to open on downtrend channel today after targetting high price on friday but failing to continue above for a new cycle formation after a dissappointing NFP, today basing below retracement at 80.80/85 break is to 81.20/30, while below 80.50 is to target 80.00/10

Usd/Cad This pair is basing on uptrend today, above retracement at 0.9620 targetting 0.9690/00 then 0.9730/40, while below 0.9715 then 0.9700 is to target 0.9560

Nzd/Usd This pair is still on uptrend, targetting new historic highs as 0.8420/30, retracement is at 0.8330, break is to 0.8300/10, then break here would target 0.8210/20 low

Euro/Gbp This pair is on downtrend after another big collapse, basing below retracement at 0.8900 targetting 0.8820/30 then low at 0.8790/00 must hold, while above retracment is to target 0.8940 then 0.8970/80 must hold

Euro/Chf This pair is on downtrend, after a big fall, basing below retracement at 1.1960/70 targetting 1.1750/60, while above retracement is to 1.2050/60 then 1.2120/30 must hold.

Aud/Usd This pair reversed, basing today on downtrend channel below retracement at 1.0730/40 targetting 1.0640/50, while a base above retracement is to target 1.0790/00

Euro/Jpy This pair is basing today on downtrend channel, below retracement at 115.20 targetting low at 113.30/40, while above said retracement is to target 115.80/90 then 116.30/40 must hold.

Gbp/Chf This pair is still on downtrend, basing below retracement at 1.3440 targetting 1.3230/40, while above said retracement is to target 1.3490/00 then 1.3580/90 must hold

Gbp/Jpy This pair is on downtrend channel, basing below retracement at 129.40/50 targetting low at 128.40/50 while above said retracement is to target 129.70 then 130.00/10

Gold is still on uptrend, targetting high at 1559/60, retracement is at 1537 break is to 1519/20

Oil reversed to downtrend, basing below retracement at 96.20 targetting 94.40/50 then a break then base below here would extend weakness to 93.40/50 then 92.00/10, while above said retracement is to target 97.20/30 then 98.60/70 must hold.

Have A Great Trading Day

105

thanks for the detailed analysisā€¦ my 2 cents on the eur/usd - I would go long on at 1.4040-60ā€¦ there are issues about Italy but I think these will be resolved. From a euro perspective the French production numbers came in at 2.0% - analysts had been expecting 0.5% - this should prove positive for the euro.

106

Hi smalltrader,

Well, this is the problem that forex newbies & others too get themselves into, trading against the trendā€¦ You had a big opportunity from 1.4500 to sell this pair as you can realize in my past posts, so why trade against the trend for any pair especially at such price(unlesss thereā€™s a clear reversal for example NZd/Usd in historic highs and dollar is clearly powerful) , itā€™s okay to buy this or other pair in a trend movement but at specific price as short term signals for 10-30 but no more & sometimes itā€™s not worth even to enter a trade at such signals according to price action at that certain timeā€¦

Italy is the Euro-Zone Third Biggest Economy and itā€™s not a game when thereā€™s a debt problem in its economy and this French production data isnā€™t an important news release to effect the market because itā€™s a minor news releaseā€¦

Trade Carefully, always buy the powerful currency against the weakest one and there were many opportunities yesterday for many many pairs that followed their trend movements powerfullyā€¦

Good Luck

107

Hello Traders,

Forex Signals & Analysis for 12 July 2011:

Short Term Signals:

Usd/Chf Buy 0.8315/20 then 0.8300 then 0.8270/75, sell 0.8395/00 then 0.8415/20 then 0.8440

Usd/Jpy Buy 79.85/90 then 79.65/70 then 79.20/25, sell 80.80/85 then 81.10/15 then 81.40/45

Gbp/Usd Buy 1.5820/25 then 1.5780/85 then 1.5680/85, sell 1.6040 then 1.6100/05 then 1.6160/65

Euro/Usd Buy 1.3900/05 then 1.3840 then 1.3690/95, sell 1.4230/35 then 1.4320/25 then 1.4420

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, retracement is at 0.8380, break is to 0.8400 then 0.8420, break above here would power upward movement to target 0.8490/00, while low is at 0.8300/10, if broke would target 0.8270/80.

Usd/Jpy This pair still on downtrend from yesterday, would face support around the 80 level but if broken then would target our short term buy signals for this pair, retracement is at 80.45/50, break is to 80.65 then 80.75/80, break then base above here would change direction targetting 81.20/30.

Gbp/Usd This pair is still on downtrend, collapsed more than expected yesterday but as much as you are following the trend you are in more benefitā€¦, today would face support at 1.5850/60, break below would extend weakeness to our short term buy signals, retracement at 1.5945/50, break is to 1.6010/15 then 1.6040 must hold.

Euro/Usd This pair is still on downtrend, also collapsed more than expected with a powerful downtrend, retracement is at 1.4120, break is to hold at 1.4320/30, while on the downside would target our short term buy signals for this pairā€¦, and take note that 1.4000 would be forming a low resistance later on if prices kept collpasing downā€¦

Usd/Cad This pair is still on uptrend started yesterday, targetting as high as 0.9820/30 if broke then base above 0.9740 first, retracement is at 0.9660/70, break is to 0.9620

Nzd/Usd This pair reversed yesterday and you had a clear breakout strategy from retracement at 0.8330 and downward to 0.8210/20ā€¦, today on downtrend targetting 0.8100/10, retracement is at 0.8270/75 break is to 0.8295/00

Euro/Gbp This pair is still on downtrend, targetted our yesterday low, today would face support at 0.8770/80, break then base below would extend weakness to 0.8740 then 0.8690/00, retracement is at 0.8840/50, break is to hold at 0.8940/50

Euro/Chf This pair is still on downtrend, would face support at 1.1660, break then base below would extend weakness to target 1.1590/00 then 1.1520/30, retracement is at 1.1820/30, break is to hold at 1.2030/40(if reachable)

Aud/Usd This pair is still on downtrend, targetting 1.0510/20, retracement is at 1.0665/70 break is to hold at 1.0720, and take note that 1.0640/45 formed a low resistance

Euro/Jpy This pair is still on downtrend, collapsed more than expected and stillā€¦, targetting 117.40/50 then 110.85/90 then 109.40/50, retracement is at 113.70/80 break is to hold at 115.50/60

Gbp/Jpy This pair is still on downtrend, targetting 126.60/70 then 126.10/20 then 125.00, retracement is at 128.25/30 break is to hold at 129.25/30.

Gbp/Chf This pair is still on downtrend targetting 1.3200/10, below would extend weakness to 1.3185/90 then 1.3140/50, retracement is at 1.3350/60 break is to 1.3470/80 that would hold.

Oil is still on downtrend, targetting 93.40/50 then 93.10/15 then 92.10/15 then break here must hold at 90.30/40, retracement is at 95.40/50 break is to 95.95/00, break then base above would change direction to target 97.20/30 then hold at 98.60/70

Gold is still on uptrend, targetting high at 1563/64, retracement is at 1544/45, break is to 1523/24 then 1520 must hold but if broken change of direction would occurā€¦

We have 2 Very Important News Releases today for the Sterling & Dollar Currencies:

  • UK CPI: Buy Gbp/Usd if 4.7% or above while sell if 4.3% or below

  • US FOMC Meeting Minutes: There would be focus on this FED meeting to look closely at the Fed reaction after the super bad NFP Numbers, and if thereā€™s be any hint at possible QE3 or would be kept far away at least for now as Bernanke confirmed in previous press conference after rate decision, also talks about inflation, umemployment, interest rates would all decide direction of Usd/Jpy & Usd/Chf at least for coming days of this week.
    Lets see if Bernanke & his buddies have something positive to say this time or at least keep some positivity in the markets from past 2-3 weeks good press conference especially regarding keeping QE3 far wayā€¦

  • I believe that Chf pairs are more driven by MiddleEast and North Africa political problems more than any other influence, same for Yen pairs influenced by Japan earthquake, tsunami, nuclear problems more than anything else and the market is reacting in this procedureā€¦
    But mainly Usd/chf & Usd/Jpy would be safe to buy at least for this period of time as much as FOMC Meeting Minutes comes out as normal or goodā€¦, because risk aversion is controlling the market recently with a powerful Dollar & Yen.

Have A Great Trading Day

108

thanks for the insights ā€¦ yep I got a bit burned :frowning:

To counter my buy I also had a couple of short positions below 1.39 - didnā€™t fully make up for the loss but reduced it by 50%

On the italian issue, my understanding was that this was an argument between Tremonti and Berlusconi about the austerity measures being introducedā€¦ obviously I underestimated the market sentiment.

109

Hi smalltrader,

Yes, you mixed things, must had hedged when price broken the 1.4000 level if you wanted not to close your order at big loss then waited for the right time to close the sell and keep the buy or even then buy at low price as yesterday second buy short term signal at 1.3840 and that was Euro/Usd low price for yesterday then this pair spiked up and anyway you could had again closed at small loss when price came back up to 1.4040.
In all cases, such mistakes occur but you must be more appropriate thinking and not add new mistakes to your previous ones as keep buying or selling at no real price levels especially that you knew previously that this pair is on downtrendā€¦

You do not have to predict how the news release would effect the market but wait for the market to decide and move in specific direction then you know what would be the market direction and trade due to thatā€¦

Good Luck

110

Hello Traders,

Forex Signals & Analysis for 13 July 2011:

Short Term Signals:

Usd/Chf Buy 0.8245/50 then 0.8215/20 then 0.8145/50, sell 0.8405/10 then 0.8445/50 then 0.8500/05

Gbp/Usd Buy 1.5780/85 then 1.5710/15 then 1.5650/55, sell 1.6010/15 then 1.6050/55 then 1.6155/60

Euro/Usd Buy 1.3820/25 then 1.3740/45 then 1.3645/50, sell 1.4115/20 then 1.4175/80 then 1.4295/00

Usd/Jpy Buy 78.15/20 then 77.50/55 then 76.60/65, sell 80.70/75 then 81.30/35 then 82.25/30

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, after failing to break above our first short term sell signal for yesterday & collapsing again, retracement is at 0.8345/50, break is to 0.8390/00, break then base above here might target high at 0.8490/00, while on the downward is for a retest of 0.8280 that must mainly hold but if broken would target our short term buy signals for this pair.

Euro/Usd This pair is still on downtrend, despite powering up after hitting our second short term buy signals for this pair(1.3840), but kept below retracement for today at 1.4060/70, break is to 1.4270/80 then 1.4300/10 must mainly hold, while basing below 1.3950/60 low price where this pair is trying to base to target retracement then break upward would target our short term buy signals for this pair

Gbp/Usd This pair is still on downtrend, despite reversing from the second short term signal for this pair yesterday, but faced strong resistance at our yesterday retracement 1.5945/50 and couldnā€™t break above, today a break above if occured would target 1.6010/20, then break here is to hold at 1.6150/60, while to the downside would face support at 1.5880 but if broken then would target our short term buy signals for this pair.

Usd/Jpy This pair is still on downtrend, targetting our short term buy signals for this pair if broke below yesterday late hours low price good support at 78.40/50, retracement is at 79.85/90(79.65/70 forming a low resistance), break is to 80.60/70 that must mainly hold.

Usd/Cad This pair moved up and down yesterday, didnā€™t continue upward to our targetted high price then performed a successful breakout strategy, today facing support at 0.9620 break is to 0.9560 then possibly low at 0.9490/00, and resistance at 0.9650 break is to 0.9690/00 then 0.9730/40

Nzd/Usd This pair is still on downtrend, after hitting our specific low price for yesterday, retracement at 0.8240/50, break is to 0.8290/00 that must hold but if broken would change direction and target 0.8350/60, while low is at 0.8020/30 if yesterday low at 0.8100/10 is broken first, take note that 0.8220 is starting to form a low resistacne if market price kept collpasing down and isnā€™t able to base above this priceā€¦

Euro/Gbp This pair still on downtrend targetted our yesterday price, retracement is at 0.8820/30 break is to hold at 0.8910/20, while below support at 0.8760 would extend weakness to target 0.8720/30 then 0.8700 then as low as 0.8650/60

Euro/Chf This pair is still on downtrend, trying to base above low price 1.1600 to target retracement at 1.1740/50 then break is to hold at 1.1990/00, while below said low would extend weakness to target new historic lows as 1.1510/15 then 1.1455/60.

Aud/Usd This pair is still on downtrend, targetted yesterday low price, today trying to break above retracement at 1.0640/50 to target 1.0700/10 then above here would change direction, while low is at 1.0440/50 as a continuation of downtrend movementā€¦

Euro/Jpy This pair is still on downtrend, retracement is at 112.40/50 with 111.90 forming a low resistance, break is to 114.90/00, while kept on the downside is to target 108.95/00 then 107.90/00 if yesterday low at 109.50/60 is broken at first.

Gbp/Jpy This pair is still on downtrend, retracment is at 127.40/50, break is to hold at 128.90/00, while low resistance is forming at 126.95/00, continuation of downtrend movement is to target 124.40/50 then 123.40/50.

Oil reversed after hitting one of yesterday support prices at 93.50 then succeeded in a breakout strategy to base above 96.30 today targetting 99.10/20 with resistance at 97.40/50 on the way upward, while a base below 96.30 is to target 94.70/80 then retest 93.50, below would extend weakness and might taregt 90.30/40

Gold is still on uptrend targetted more than expected historic highs after FOMC Meeting Miuntes QE3 Debate bt. Fed Members, today would face resistance at 1571/72, retracement is at 1555 break is to 1532 then 1522 must mainly hold.

  • As you realize all above pairs are in downtrend movements with collapse of prices yesterday, only Gold & Oil spiked above, this is occuring in a mixed market but a good opportunity when direction is set because correlation isnā€™t found currently and market prices must fix itself for pairs to start correlating normally again, since as you realize Euro/Usd & Usd/Chf are moving in a downtrend movement and the opposite must be as one going up and the other down.
    Well all this mixture is provided by the said safe haven currency Swiss Franc besides other factors as EuroZone problems that are looking not to end soon beside Fed that looks with no clear decision to take, do not want to anger the market by talking clearly about QE3 and on the other side do not want to remove the idea at all, and yesterday FOMC Meeting Minutes proved that with debate about QE3, some with while some against and the market reacted shyly with a retest of 0.8280 after traders hearing QE3 possibility but then price failed to continue downward also with Chf not powering enough and Swiss Natinal Bank thoughts seeing Chf as currently ā€œovervaluedā€

*No Important News Releases for today to directly shake the market but UK Claimant Count Change might effect the sterling currency, and Fed Chairman Ben Bernanke Testifies might come up with something importantā€¦

Have A Great Trading Day

111

Hello Traders,

Forex Signals & Analysis for 14 July 2011:

Short Term Signals:

Usd/Chf Buy 0.7975/80 then 0.7915/20 then 0.7755/60, sell 0.8315/20 then 0.8420/25 then 0.8510/15

Usd/Jpy Buy 78.30/35 then 78.05/10 then 77.50/55, sell 79.60/65 then 79.95/00 then 80.30/35

Gbp/Usd Buy 1.5930/35 then 1.5810/15 then 1.5710/15, sell 1.6315/20 then 1.6375/80

Euro/Usd Buy 1.3980/85 then 1.3850/55 then 1.3740/45, sell 1.4420/25 then 1.4490/95

Medium Term Daily Analysis:

Usd/Chf Bernanke damaged the dollar currency and specifically this pair. Fed Chairman yesterday talks about being ready with his buddies to act with QE3 if economical numbers keep weakening, marked new historic lows for this pair.
Only Intervention by the Swiss National Bank might save this pair & also Euro/Chf Gbp/Chf from more collapsing, and this idea is among SNB thoughts recentlyā€¦

This pair is still on downtrend, low resistance formed at 0.8160/70, retracement at 0.8220, break is to 0.8330/40 then 0.8360/70 must mainly hold, while on the downside would target our short term buy signalsā€¦

Usd/Jpy This pair had nearly same scenario, sent to low levels but kept in reasonable price range due to fears of intervention that appeared as reality & a fast hint on wednesday daily open candle in first minutes when this pair collapsed to 78.50 then spiked up again, and was more effective with the Euro/Jpy & Gbp/Jpy with around 200 pips spike upward.
Today, still on downtrend, low resistance is at 79.10/15, retracement is at 79.30, break is to 80.25/30 then 80.50 must hold, while on the downside would target our short term buy signals if passed yesterday said goos support at 78.40/50(was a good buy again for today early hours but might not hold much with many tests).

Gbp/Usd This pair reversed to uptrend today after a successful breakout strategy powered by Bernanke talks, today looking to possibly retrace to 1.6060/70, break is to 1.6030/35 and below would return it to downtrend channel and this upward move would be seen as a correction of recent collapse, while on the upside is to target our short term sell signals and by this powering this trend movement and forming a front support around 1.6200

Euro/Usd This pair also ended yesterday with a successful breakout strategy(review previous post), but was not enough to base it on uptrend today, instead moving bt.support at 1.4170/80 break is to 1.4000/10, and resistance at 1.4270/80 break is to 1.4320/30 then 1.4350/60, a base above here would confirm upward movement and power it to target our short term sell signals for this pair

Usd/Cad This pair with a successful breakout strategy ended yesterday daily candle, to base on downtrend, retracement at 0.9610/20 break is to 0.9680/90 then 0.9720 must hold, while on the downside would target 0.9470/80 if yesterday low price at 0.9560 is penetrated.

Nzd/Usd This pair spiked up like many others pairs after Bernanke talks of possible QE3, basing on uptrend with new historic high around 0.8500 before retracing possibly to continue to retracement at 0.8360/70, break is to 0.8320/30 then 0.8240/50 must hold while more historic highs are not seen in the picture for today but if occured then new cycle of more historic highs would form.

Euro/Gbp This pair still on downtrend, targetting 0.8755/60 break would extend weakness to 0.8720/30 then 0.8685/90 must hold, retracement is at 0.8820/30 break is to 0.8890/00 then 0.8930/40 must hold

Euro/Chf This pair is still on downtrend, trying to base above low price level at 1.1500/10 to target retracement at 1.1650/60, break is to 1.1890/00 that must hold while new historic lows can be targetted as 1.1420/30 then 1.1360 if low price is penetratedā€¦

Aud/Usd This pair reversed to uptrend, basing above retracement at 1.0710/20 to target high at 1.0870/80 while a base below retracement would target 1.0650/60 but 1.0600 must mainly hold.

Euro/Jpy This pair is still on downtrend, trying to base above 111.30/40 but also finding difficulty to break above retracment at 111.90/00, break is to 114.50/60 then 115.20 must mainly hold while below 111.30/40 might target 110.95/00 then 110.20/25 then 109.60/70 must hold.

Gbp/Jpy This pair is still on downtrend, trying to base above 126.80 low level to target retracement at 127.60/70, break above is to target 128.90/00 that must mainly hold, while below said low price level is to target 126.00/10 then 125.30/35 then 124.60/70 would hold.

Gbp/Chf This pair is still on downtrend, trying to base above low resistance at 1.3120 to target retracement at 1.3200/10 then break is to 1.3360/70 then 1.3400/10 must mainly hold, while new historic lows can be targetted as 1.2975/80 then 1.2915/20 if 1.3040/50 is penetrated first.

Gold is still on powerful uptrend, formed new historic highs after Bernanke Talksā€¦, today retracement is at 1570 break is to 1544/45 then 1525 must hold, while new historic highs might be as 1600 then 1606/07 then 1622/23.

Oil is still on uptrend, targetting high at 99.60/70, retracement is at 97.10/20, break is to 96.80 then 95.00/10 must mainly hold.

*** As traders using my short term signals realized yesterday that you can still gain good pips(10-30) even in dangerous market as news releases and Bernanke Testify yesterday was an example, but you do not need to hold your order for much but Take Profit(10-30) or at worst you could close your order at small gain or loss if you didnā€™t trade accurately by not using the signal if market price is retesting it not directly hit itā€¦
As I gave traders a hint yesterday about correlation, market had done as expected back to correlation rule as Euro/Usd up and Usd/Chf down, hopefully many used this trading tip.

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

  • US Core Retail Sales: Buy Usd/Chf & Usd/Jpy if 0.5% or above while Buy Euro/Usd & Gbp/Usd if below 0%

**This news release & other coming crucial ones till next month would be important for traders because good numbers would make traders optimistic about the Fed not going to QE3 and vice versa if numbers kept weakening, since as Bernanke announced QE3 is ready only if numbers kept weakeningā€¦
Maybe traders have no faith in the Fed from long time, so any QE3 hint would weaken the dollar but if we keep a close focus at what Fed Chairman said, traders could had realized that QE3 is an option among other 2 options for the Fed next step, not the only one, also just if economical numbers kept weakeningā€¦

Have A Great Trading Day

112

Hello Traders,

Forex Signals & Analysis for 15 July 2011:

Short Term Signals:

Usd/Chf Buy 0.8075/80 then 0.8045/50 then 0.7990/95, sell 0.8210/15 then 0.8245/50 then 0.8290/95

Usd/Jpy Buy 78.20/25 then 77.85/90 then 77.30/35, sell 79.75/80 then 80.10/15 then 80.70/75

Euro/Usd Buy 1.4065/70 then 1.4025/30 then 1.3935/40, sell 1.4280/85 then 1.4335/40 then 1.4405/10

Gbp/Usd Buy 1.6080/85 then 1.6050/55 then 1.6010/15, sell 1.6205/10 then 1.6235/40 then 1.6285/90

Medium Term Daily Analysis:

Usd/Chf This pair still on downtrend, faced good resistance with many tests of yesterday low resistance 0.8160/70 before breaking to around 0.8200 after Bernanke talks in his second testify that Qe3 is possible but not probable(well some mind games from the FED chairman, but as I mentioned yesterday QE3 is an option among other 2 and isnā€™t a definite step by the Fed) but collapsed fast from there after Moodyā€™s and S&P warnings about risk of credit rating downgrade,
today trying to base above 0.8130 targetting 0.8195/00, break then base is to target 0.8300/10 then 0.8350/60 must hold, while on the downside to target our short term buy signals.
This pair looks to be moving sideways bt. current prices until a clear decision is seen, besides the US Debt Deal is still a problem trying to be solved by the US President Barack Obama with a pressure on solution by deadline dateā€¦

Usd/Jpy This pair is still on downtrend, trying to base above 79.00 to 79.30 break is to target 80.10/20 then 80.40/50 must hold, after yesterday intervention by BOJ(wouldnā€™t admit that for many reasonsā€¦) around 100 pips from yesterday said good support at 78.40/50 to around 79.60, looks to be kept in this range and to the upward with buyers around 78.80/90, who would increase around 78.40/50 then 78.00/20 would trigger many buy orders, fear of intervention is still controlling this pair and traders are from one side trying to pressure BOJ by moving prices lower to test BOJ intervention probability because some traders believe that BOJ might find it difficult to always successfully intervene since theyā€™ll need someexplaination for that among other economical global countries,
but do not test the BOJ because as Japan Finance Minister said they are always ready with no previous warningā€¦ I believe theyā€™ll keep intervening if price drop down to said low range, ofcourse without admitting that, till traders who are selling this pair and powering the yen understand that theyā€™ll loose money by doing thatā€¦

Gbp/Usd This pair still on uptrend but facing resistance at 1.6180 and below 1.6200, break is to our short term sell signals, while retracement is at 1.6090/00, break is to 1.6040/50 then must hold above 1.6000

Euro/Usd This pair kept moving sideways after finding resistance at 1.4270/80 and not continuing breakout from 1.4170/80 to 1.4000/10 but holding above 1.4100, today resistance at 1.4220/30 break is to 1.4300/10 then 1.4350/60, and support at 1.4150 break is to 1.3980/90

Usd/Cad This pair still on downtrend, below retracement at 0.9600/10 to target 0.9540/50 break would extend weakness to as low as 0.9460/70 while above 0.9620 is to target 0.9670/80 then 0.9700/10 must hold

Nzd/Usd This pair is still on uptrend, kept retracing to target 0.8380/90, break is to 0.8330/40 then break here must hold at 0.8260/70 while on the upside to retest 0.8500/10

Euro/Gbp This pair is still on downtrend, retracement at 0.8795/00, break is to 0.8860/70 then 0.8920 must hold, while low is at 0.8730/40, below would extend weakness to 0.8680

Euro/Chf This pair is still on downtrend, low at 1.1440/50, retracement at 1.1610/20, break is to 1.1810/20 must hold

Aud/Usd This pair is still on uptrend, retracement at 1.0710/15, break is to 1.0660/70 then 1.0630/40 and 1.0600 must hold while high is at 1.0870/80 if first broke above 1.0800

Euro/Jpy This pair is still on downtrend, retracement at 113.40/50 break is to 113.95/00 then break here is to target 115.00/10 that must hold, while low is at 111.00

Gbp/Jpy This pair is still on downtrend, trying to base above 127.50/60 to target 128.50/60 then 128.90/00 must hold while low is at 126.90/00

Gbp/Chf this pair is still on downtrend, retracement is at 1.3195/00 break is to 1.3320/30 then 1.3390/00 must hold, while low is at 1.3080/90

Oil reversed to downtrend, retracement at 96.30/40 break is to 96.60/70 then high is at 99.50/60, below retracement is to target 95.00, below here would extend weakness possibly to 93.50/60

Gold is still on uptrend, retracement is at 1575/76 break is to 1533 then 1527 would hold if reached here with a big collapseā€¦, while high is at 1591/92

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

  • US Core CPI: Buy Usd/Chf & Usd/Jpy if 0.3% or above while Buy Euro/Usd & Gbp/Usd if 0 % or below

Have A Great Trading Day

113

Hello Traders,

Forex Signals & Analysis for 18 July 2011:

Short Term Signals:

Usd/Chf Buy 0.800/85 then 0.8040/45, sell 0.8185/90 then 0.8310/15 then 0.8235/40

Usd/Jpy 78.85/90 then 78.80/85 then 78.65/70, sell 79.25/30 then 79.40 then 79.50/55

Euro/Usd Buy 1.4040/45 then 1.3995/00, sell 1.4210/15 then 1.4240/45 then 1.4295/00

Gbp/Usd Buy 1.6030/35 then 1.5990/95, sell 1.6190/95 then 1.6220/25 then 1.6270/75

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, retracement is at 0.8145/50, break is to 0.8245/50 then 0.8320/30 must hold, while low is at 0.8040/50 if broke below 0.8080

Usd/Jpy This pair is still on downtrend, retracement at 79.20 break is to 79.70/80 then 80.20/30 must hold, while low is at 78.60/70

Euro/Usd This pair is kept on downtrend after sideways movement on friday and unability to base above which lead to base below, retracement is at 1.4120, break is to 1.4160/70, break here would target 1.4290/00, while low is at 1.3940/50

Gbp/Usd This pair still holding on uptrend despite several retracements, retracement is at 1.6100 break is to 1.6040, then below here might extend weakness to 1.5940/50 if based below 1.6000 but would hold above 1.5900,
while would face resistance at 1.6190/00, above would power uptrendā€¦

Usd/Cad This pair is still on downtrend, retracement is at 0.9570/75, break is to 0.9595/00, break here would target 0.9645/50 then break would hold at 0.9690/00, while low is at 0.9450/60

Nzd/Usd this pair still on uptrend, retracement at 0.8420, break is to 0.8370/80 then break here would hold at 0.8300, while high is at 0.8550/60

Euro/Gbp This pair is still on downtrend, low is at 0.8690/00, retracement is at 0.8770, break is to 0.8820, break above here would hold at 0.8900/05

Euro/Chf This pair is still on downtrend, retracement at 1.1495/00, break is to 1.1680, low is at 1.1300/10

Aud/Usd This pair reversed to downtrend after talks of lowering Aussie interest rates, targetting low at 1.0480/90, retracement is at 1.0650, break is to 1.0690/00

Euro/Jpy This pair is still on downtrend, low is at 110.00/10, retracement is at 111.70/75, break is to 112.90/00

Gbp/Jpy This pair is still on downtrend, low is at 126.50/60, retracement is at 127.50, break here is to target 128.20/30, then 128.70/80 must hold

Gbp/Chf This pair is still on downtrend, low is at 1.2990/00, retracement at 1.3100/10, break is to 1.3240/50

Oil is moving sideways, support is at 96.85/90 break is to 95.60/70 then break here woud target 93.50/60, while kept basing above 97.00 would target 97.70, break here is to 98.85/90 and high at 99.80/90 would hold.

Gold is still on uptrend, targetting new historic high at 1613/14, retracement is at 1589, break is to 1569/70 then 1535/36 would hold.

Have A Great Trading Day

114

Hello Traders,

Forex Signals for 19 July 2011:

Short Term Signals:

Usd/Chf Buy 0.8095/00 then 0.8065/70 then 0.8025/30, sell 0.8215/20 then 0.8240/45 then 0.8290/95

Gbp/Usd Buy 1.5980/85 then 1.5940/45 then 1.5880/85, sell 1.6150/55 then 1.6190/95 then 1.6250/55

Euro/Usd Buy 1.4010/15 then 1.3965/70 then 1.3920/25, sell 1.4175/80 then 1.4205/10 then 1.4275/80

Usd/Jpy Buy 78.85/90 then 78.80/85 then 78.65/70, sell 79.15/20 then 79.25/30 then 79.40

  • Pardon Me for some typing mistake for this strategy yesterday, hopefully you understood the doubt numbers. Anyway, mustnā€™t had effected results because of tight price range for pairs yesterday.
    Yesterday achievements for these signals were first signals for Usd/Chf sell 0.8185/90, Euro/Usd Buy 1.4040/45, Gbp/Usd Buy 1.6030/35
    Remember that TP is 10-30 pips, if you want to target more than 30 pips then the signal must be compatible with the Medium Term Daily Analyis for the certain pair as retracement or high or low or breakout price level,
    or as your forex knowledge(if Good) tells youā€¦, while stop loss is at 30-50 pips. Mainly youā€™ll be trading against the daily trend as a bouncing trading strategy especially when a pair is trending but sometimes you might buy or sell at a reversal signal price which would lead to a huge pips gain, or you might be trading in other times in a sideways market where you would trigger a sell order then later on a buy signal.
    All depends on market price movement for the certain pair but youā€™ll always be ready for good profits with my signals if you want to keep them running more than 30 or stick to the rule 10-30 and also to SL if you find yourself facing sometime if you didnā€™t adapt the basic rule for this strategyā€¦

Medium Term Daily Analysis:

Usd/Chf This pair is performing a breakout strategy from support 0.8160 to target resistance 0.8220/30, break of support might target low at 0.8050/60 while break of resistance is to target 0.8310/20

Gbp/Usd This pair is squeezed bt. resistance at 1.6080 break is to hold at 1.6190/00, and support at 1.6050/60 break is to target 1.6000 and break here might extend weakness to 1.5900/10

Usd/Jpy This pair is still on downtrend, retracement is at 79.10/20 break is to target 79.50/60 then if breaks above here would hold at 80.20, while low is at 78.50

Euro/Usd This pair is still on downtrend, retracement is at 1.4140/50, break is to hold at 1.4290/00, while basing below 1.4120 is to target low at 1.3950

Usd/Cad This pair is still on downtrend, despite successful breakout strategy yesterday but based below again, resistance at 0.9595/00, break is to 0.9630/40 then 0.9670 then 0.9690/00 must hold, while below support at 0.9570 is to target 0.9520, break here might extend weakness to low at 0.9470/75

Nzd/Usd This pair is still on uptrend but mainly had been moving sideways for some days, today retracement is at 0.8430/40 break is to 0.8390/95 then break is to target 0.8310/20 that must hold, while high is at 0.8550/60

Euro/Gbp This pair still on downtrend, despite hitting very near to yesterday low price then retracing upward, today retracement is at 0.8800/05 break is to hold at 0.8900/10 with some resistance on the way as 0.8830/40 then 0.8850/60, while a base below support at 0.8770 is mgiht target as low as 0.8690/00

Euro/chf This pair is performing a breakout strategy from support 1.1520 to target resistance at 1.1630/40, break above is to target 1.1890/00 while below support is to target 1.1400/10, break here would extend weakness

Gbp/Chf This pair is also performing a breakout strategy from support at 1.3120 to resistance at 1.3200/10, break above is to 1.3340/50 while below support is to 1.3030/40, break here would extend weakness to 1.2970/80

Mainly the Chf pairs look as if would cover the past days weakness with a weak chf currency started from yesterday but lets wait and see if the breakpout strategies would end successfullyā€¦

Gbp/Jpy This pair is still on downtrend, basing below retracement at 127.20/25 to target low at 126.30/40, while break above retracement is to 127.70/80 then break here would extend gains to 128.70/80

Euro/Jpy This pair basing below retracement at 111.70/80 targetting low at 109.80/90, while break of retracement is to target 112.50/60, break here would extend gains ot 114.60/70 that would hold.

Gold is still on uptrend, targetting high at 1623/24, retracement is at 1595/96, break is to 1577/78 then break here would hold at 1540/41

Oil is still moving sideways, basing above 96.60 is to target 97.50/60 break here would target 98.80/90 but high at 99.30/40 would hold, while basing below 96.60 is to target 95.90 then 95.00/10, below must hold at 94.60/70, break here would extend weakness to 93.50/60

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

  • CAD BOC Rate Decision: Buy Usd/cad if 0.75% while sell if 1.25%, current rate is 1 % and is expected to be kept as it, so BOC statement would be the measure for direction of this pair, wait for marlet to decide direction if rate is kept the same, then trade according to this pair daily analysis contentsā€¦
  • Well, Some traders blame me for not talking much about News Releases achievements which are very effective with big number of pips gains and high % of accuracy.
    Iā€™ll go back to a recent news release which was on friday for the Dollar Currency ā€œā€"US Core CPI: Buy Usd/Chf & Usd/Jpy if 0.3% or aboveā€¦"
    The number came out exactly at 0.3% and as you remember both pairs spiked upā€¦

Have A Great Trading Day

115

Hello Traders,

Forex Signals & Analysis for 20 July 2011:

Short Term Signals:

Usd/Chf Buy 0.8140/45 then 0.8095/00 then 0.8040/45, sell 0.8315/20 then 0.8350/55 then 0.8420/25

Usd/Jpy Buy 78.80/85 then 78.60/65 then 78.40/45, sell 79.40/45 then 79.50/55 then 79.80/85

Gbp/Usd Buy 1.6035/40 then 1.5995/00 then 1.5935/40, sell 1.6200/05 then 1.6240/45 then 1.6305/10

Euro/Usd Buy 1.4055/60 then 1.4000/05 then 1.3935/40, sell 1.4255/60 then 1.4295/00 then 1.4380/85

Medium Term Daily Analysis:

Usd/Chf This pair is trying to base on uptrend today after a successful breakout strategy yesterday, with optimisim about US Debt Ceiling solutionā€¦, basing above 0.8200/10 to target 0.8310/20, break here would extend gains to our other 2 short term sell signals, while below 0.8200 is to target our short term buy signals.

Usd/Jpy This pair couldnā€™t keep the power of a powerful upward movement after a solution for the US debt ceiling appeared, and filtered below today retracement at 79.40, break is to target 80.10/20 while a base below 79.10 would target our short term buy signals for this pair

Gbp/Usd This pair nearly completed a successful breakout strategy yesterday started from resistance 1.6080 to target 1.6190/00(market price held at 1.6178), trying to base today on uptrend above 1.6100/10 to target 1.6200/05, break is to the other 2 short term sell signals, while below 1.6100 is to target our short term buy signals.

Euro/Usd This pair also had a good breakout strategy but failed to continue to kept moving up and down waiting for a clear decision & solution for Greece debt problem besides many other problems that the Euro-Zone might keep facingā€¦
I believe that a reach to 1.4220 was very optimistic, also taking in consideration German Zew Sentiment very bad news release that was expected before number came out as more bad than expected but Euro kept optimism about a solution for Greece bebt with Euro Summitā€¦
Today trying to base above 1.4140 to target 1.4290/00 while below is to target our short term buy signals.

Usd/Cad This pair kept downtrend and came shy of our yesterday low price 0.9470/75(had held at 0.9482) but ofcourse you enjoyed a very successful breakout strategy from 0.9570 support level, today low price is at 0.9470/75, retracement is at 0.9540, break is to 0.9580 then 0.9600/10

Nzd/Usd This pair still on uptrend, targetted our high 0.8550/60 with a little boost to 0.8570, today high is at 0.8575/80, retracement is more favoured to target at 0.8495/00, break is to 0.8420 then 0.8340/50 must hold if a powerful bearish candle occur.

Euro/Gbp This pair held at yesterday retracement at 0.8800/05 and kept on downtrend, today retracement is at 0.8795/00, break is to target 0.8895/00 high price, while basing below 0.8770/80 would target as low as 0.8670/80 low price

Euro/Chf This pair covering past days of weakness as other chf pairs had done yesterday with a successful breakout strategy, trying to base on uptrend today above 1.1600/10 targetting 1.1880/90 while below 1.1600 is to target 1.1520/30, break here is to as low as 1.1450/60

Gbp/Chf This pair in same scenario with successful breakout stratgey, basing on uptrend above 1.3200/10 targetting 1.3350/60, break would extend weakness to 1.3420/30 then 1.3480/90 must hold while below 1.3200/10 would target 1.3090/00 then 1.3000/10 must hold

Aud/Usd This pair basing on uptrend, above retracement 1.0690/00 targetting high at 1.0820/30 while below retracement would target 1.0620 then 1.0570/80 must hold

Euro/Jpy This pair is squeezed bt. resistance at 112.20/30 break is to 114.40/50 and support at 111.90/95, break might target low at 109.80/90 with supports on the way as 111.20 then 110.70/75 then 110.30/40

Gbp/Jpy This pair is also in same scenarioā€¦, trying to base on uptrend above 127.60 to target 128.60/70 while below 127.50 might target low price at 126.30/40

Oil with a successful breakout strategy yesterday started from 96.60 targetted 98.80/90 to base it on uptrend today, above retracement at 97.70 break is to 97.00 then break here would target 96.30/40, below would extend weakness to possibly 95.00/10 while high is at 99.40/50

Gold is looking to leave uptrend after long days(around 14 days) on uptrend, basing below 1591/92 to target 1580/81, break here would extend weakness and confirm downtrend to target as low as 1545/46, while a comeback & base above 1591/92 might target 1610 then a break here would target high at 1625/26

We have 2 Important News Releases today for the Sterling & Dollar Currencies:

  • UK MPC Meeting Minutes: Buy Gbp/Usd if 3 Vote for Hike while Sell if 2 Vote for Quantitative Easing or if Asset Purchasing facility is raised above 200 Billion.
    Mainly, the sterling is facing a bad overall situation, look to blindly sell this pair if numbers get compatible because this currency looks to weaken, but on the other hand wait for a clear market direction movement if numbers are kept as forecastedā€¦

  • US Existing Home Sales: BUY Usd/Chf & Usd/Jpy if 5.10M or above while Buy Euro/Usd & Gbp/Usd if 4.60 M or below

Have A Great Trading Day

116

Hello Traders,

Forex Signals & Analysis for 21st July 2011:

Short Term Signals:

Usd/Chf Buy 0.8165/70 then 0.8140/45 then 0.8105/10, sell 0.8270/75 then 0.8295/00 then 0.8335/40

Usd/Jpy Buy 78.45/50 then 78.30/35 then 77.95/00, sell 79.30/35 then 79.55/60 then 79.75/80

Gbp/Usd Buy 1.6070/75 then 1.6030/35 then 1.5990/95, sell 1.6215/20 then 1.6240/45 then 1.6305/10

Euro/Usd Buy 1.4135/40 then 1.4080/85 then 1.4025/30, sell 1.4330/35 then 1.4360/65 then 1.4450/55

Medium Term Daily Analysis:

Usd/Chf This pair kept on uptrend started yesterday after basing again above 0.8200/10 retracement level, break is to our short term buy signals while above is to target 0.8310/20 then a base above here would power the trendā€¦

Usd/Jpy This pair is kept on downtrend after breaking below 79.10 targetted our short term buy signals, today retracement lowered to 79.95/00, break is to 79.10/20, abpve here would target our short term sell signals for this pair and possibily near 80.00 level, while low is at 78.10/20

Gbp/Usd This pair kept uptrend after reversing from 1.6068 yesterday low, retracement is at 1.6130/35, break is to 1.6090/00 then 1.6060/70 must hold but if broken and based below trend direction would change and target our other 2 short term buy signals for this pair while high is at 1.6220, a base above would power the trend

Euro/Usd This pair kept on uptrend from yesterday after basing above 1.4140, but looking to face resistance today at 1.4290/00, above would power trend to our short term sell signals, retracement is at 1.4200/05, break is to 1.4150/60 then a base below 1.4140 would change direction to target our short term buy signals for this pair

Usd/Cad This pair still on downtrend, broke below our yesterday low price by around 13 pips(to 0.9457) then filtered at that low level retracing up again, targetting today retracement at 0.9500/10, break is to 0.9560 then 0.9590/00 and 0.9660/70 must hold if reached, while I do not see any further low price than 0.9460 at least for today.

Nzd/Usd This pair still on uptrend, targetted our high price for yesterday then retraced downward, today retracement is at 0.8520/30, break is to 0.8440/50 then a break here if occured would target 0.8370/80 that must hold, while another high price is at 0.8590/00 that must hold but if based above then more power for the trend would continue in coming daysā€¦

Euro/Gbp This pair is basing on uptrend today, above 0.8800/05 targetting 0.8890/00 with resistance on the way at 0.8850, a base above 0.8900 would power the trend, while below 0.8800 is to target 0.8750/60 then break is to 0.8700/10 but low price level at 0.8670/80 must hold

Euro/Chf This pair is still on uptrend started yesterday, targetting 1.1870/80, above here would more power the trend, while retracement is at 1.1650/55 break is to 1.1600/05, a base below would change direction to target 1.1510/20

Gbp/Chf This pair is still on uptrend started yesterday, targetting 1.3350/60 that would be a good resistance, if broken would extend gains and power the trend, retracement is at 1.3230/40, break is to 1.3190/00, a base below would target 1.3100/10

Gbp/Jpy This pair kept downtrend after being rejected from above and basing below 127.60 targetting low level at 126.10/20, while above 126.60 is to target 128.50/60

Euro/Jpy This pair is in a better situation after basing above 112.00/10 targetting 114.20/30, while a base below would target 111.10/20 then possibly 110.60/70

Aud/Usd This pair is stull on uptrend, retracement is at 1.0700/10, break below 1.0690 is to low price level at 1.0600/10, while high is at 1.0810/20

Gold is kept on uptrend after retracing to said yesterday price at 1581 then basing above retracement for today at 1595 targetting as high as 1632/33 if broke above 1610 at first, while break of today retracement is to target 1587/88 then break here would extend weakness to 1550/51

Oil is still on uptrend, despite filtering at our yesterday said high price level but based today above retracement at 97.80/90 break is to 97.10/20 then a break here would target 96.60/70, below must hold at 0.9510/20 but if broken 93.90/00 is the low level for today, while high resistance price is at 99.20/30, a base above if happens would power the trend.

We have 2 Important News Releases today for the Sterling & Dollar Currencies:

  • UK Retail Sales: Buy Gbp/Usd if 0.8% or above while Sell if below 0%

  • US Unempolyment Claims: Buy Usd/Chf & Usd/Jpy if below 380K while Buy Euro/Usd & Gbp/Usd if above 420K

Also Forex News to closely look at today is the EU Economic Summit that would directly effect the Euro Currency, while on the other hand thereā€™s Fed Chairman Ben Bernanke Testify, I believe that if Mr. Ben comes out with rubbish talks as usual and the dollar especially Usd/Chf & Usd/Jpy pairs collapse again to low price levels than better from Mr. Obama to eliminate Mr. Ben from the Fed Job,
and I am sure that both pairs would spike up only after the Fed Chairman leaves with no comeback because no trader would imagine that there would exist a more bad policy than Bernankeā€™s Fed Policy that had only favoured his and Dudleyā€™s(Fed Vice President) partner & friend the ā€œGoldman Sachsā€, keeping the US Economy at the most dangerous situation in its history, besides other factors as bad political actions if I want to talk Generallyā€¦
It is really funny but also painful for some traders that rely on the dollar power especially for Usd/Chf & Usd/Jpy pairs that at any new news release for the dollar currency or specifically a press conference for Fed Chairman, both pairs start to weaken before few hours then few minutes from Mr.Bernanke talking, while on the other hand the Euro powers when ECB President Trichet have a press conference.
Well, because itā€™s not a secret that most traders hadnā€™t and arenā€™t trusting the Fed policy decisions so far, and the same guy is kept at top of the Fed ruining the US Economy from Bush Presidency era till President Obama era that was a surprise to keep Bernanke at his Fed Job, maybe because after destroying the dollar currency Mr. Bernanke is heading to destroy the global economy to finsih his job perfectly before the US Government realize that his not the man for the Fed Job, with no solution but to always ā€œprint more moneyā€ā€¦, but maybe kept to get pictured for his ā€œNice Beardā€, but also my Uncle has a better Nice Beard, so he is surely also qualified for a Fed Job if bernake isā€¦

Have A Great Trading Day Traders

117

Hello Traders,

Forex Signals & Daily Analysis for 22nd July 2011:

Short Term Signals:

Usd/Chf Buy 0.8110/15 then 0.8080/85 then 0.8025/30, sell 0.8245/50 then 0.8280/85 then 0.8330/35

Usd/Jpy Buy 78.00/05 then 77.75/80 then 77.35/40, sell 79.10/15 then 79.40/45 then 79.75/80

Euro/Usd Buy 1.4150/55 then 1.4030, sell 1.4555/60 then 1.4625/30

Gbp/Usd Buy 1.6130/35 then 1.6040/45, sell 1.6430/35 then 1.6475/80

*About how to gain more than 10-30 pips from this strategy for traders who like to do thatā€¦
As you remember that I mentioned to gain more big pips, the short term signal must be compatible with the Medium Term Daily Analysis for the pair.

For example: the Euro/Usd pair yesterday, first signal was 1.4135/40 and in the analysis for this pair you realized that above 1.4140 is to stay on uptrend while below is to downtrend movement.
So this price level is surely a good support at least for bounce trading as my short term strategy rule. Traders who gained 10-30 pips and rest for the day because they do not like to stay in the market too much then good for them, while others who like to target huge pips it was good opportunity to keep the trade for sometime and follow price action & EU Economic Summit that was clearly having big impact on Euro currency as I said would do yesterdayā€¦
Most Importantly is to follow your personal trading rule, you like to take safe 10-30 pips as each time you trigger one of the short term signals then great, if you like to look at compatibility bt. both strategies to gain more big money then also good for you.
About the Usd/Jpy 2 Targetted signals, market price came near the first signal 78.45/50 but didnā€™t hit it but 78.52 then spiked around 20 pips then came back to test it which led to go directly to our second signals 78.30/35, this is what I say do not enter a buy at a retest as this example show you,
but fortunatly in this case you are safe because you are dealing with the Usd/Jpy pair thatā€™s always going to spike up from this level, reached 78.65 later before targetting 78.20(our medium term low price(78.10/20) for yesterday in late hours of course perfect buy, and was no problem if you didnā€™t trade accuratly but entered an order for the first signal to reenter at second signal too(just in this case)
Both signals prices were close to each other which is normal with this pair due to short daily price range, besides price was stuck in tight range for some daysā€¦

Medium Term Daily Analysis:

Usd/Chf This pair is moving sideways after breaking yesterday retracement, good breakout strategy for yesterday targetted our first short term signal then went up then targetted our second buy signal then again spiked up, each signal around 30 pips gain at least for short term strategy and around 60 pips for medium term breakout strategy.
Today movement would be a base above 0.8185 is to target 0.8300 then break is to 0.8330/40, while basing below 0.8185 is to target our short term buy signals for this pair.

Usd/Jpy This pair faced an intervention yesterday(short one with 30 pips range) but held exactly at yesterday retracement 78.95/00 then collpased, the same as what had done from a week ago but with bigger pips gain after an intervention from 78.60 to 79.55/60 and the later was that day retracement and also held at it to collapse later onā€¦
Conclusion is that you can use my daily analyis accuratly even in intervention time to set your take profit, with total honesty my take profit for this pair yesterday was exactly at 79.00, well I know that I milked the pips till the endā€¦lol but was sure of that level(retracement).
Another conclusion is traders, investors are still testing Bank Of Japan readiness for intervention and this time it came with small pips range(only 30) which led to a thinking that fuel might had been ending with the BOJ and might keep this pair collpase more to then intervene, when and at what price? this is a question with no clear answer but intervention is always ready.
As I mentioned in past post that this pair would have buy order at 78.80/90 then 78.45/50 then 78.00/20 and so far had moved accordingly.
Feel safe to always buy this pair on specfic prices as yesterday low 78.10/20 and the short term signal prices too and take a crucial note that you might not know when intervention would occur but be with high % sure that it would be during tokyo session(nearly the last quarter of the session) you can expect that at any day, time would be around yesterday and previous week intervention time, so look at your chart to know at hwat time that is according to your local timeā€¦
Remember that BOJ would not admit intervention for many reasonsā€¦but be sure that itā€™s always ready especially that big japanese companies(sony. toyotaā€¦) are always in a pressure on BOJ to intervene becasue the last thing they want is a powerful yen since that would effect there sales especially to the USA.

Today retracement is at 78.75/80, break is to 79.00/05, a base above here is to target 79.85/90 and must filter below 80.00, while low is at 77.95/00, below if happens would target our other 2 short term buy signals.

Euro/Usd This pair had many scenarios and you must had been ready for all with my accurate daily analysis, started with a reverse from resistance at 1.4290/00 many times before collapsing down to perform a very sucessful breakout stratgey targetting short term first signal and medium term important support 1.4135/40, to then boost upward toward 1.4290/00 then breaking it(for sure you mustnā€™t keep selling for million times at this same level but wait for the other short term sell signals).
Today retracement is at 1.4290/00, break is to 1.4200, below is to target our short term buy signals, while high as a contiuation of uptrend movement is at 1.4620/30
Traders who are only focusing on trading this pair have no reason not to have gainecbig pips yesterday with accurate daily analysis as usualā€¦

Gbp/Usd This pair still on uptrend, retracement is at 1.6220/30, break is to 1.6140/50 then 1.6080/90 must hold, take note that front support is forming at 1.6290/00, while continuation of the trend is to target our short term sell signals for this pairā€¦

Usd/Cad This pair is still on downtrend, well liked to upset me yesterday by a low price under my expected one at 0.9460, Honestly I knew about the possibility of targetting 0.9420/25 if broke below but didnā€™t expect that additional fall, anyway pradon me for being short in details on the downside movement, most had gave you all possibility as I always doā€¦
Anyway, this pair tried spiked above 0.9460 many times before falling below and you surely mustnā€™t enter a trade after many tests but keep your profits from 1 trade at this level(reached around 0.9490 before collapsing down).
Retracement is at 0.9475/80, break is to 0.9530/40 then 0.9570/80 must hold while on the downside if wouldnā€™t keep the base above 0.9440 but based below later then it would target 0.9400/05 then 0.9380/85 then 0.9340/45(look how much Generous I AMā€¦LOL)

Nzd/Usd This pair still on uptrend, powering it after breaking above 0.8590/00 which held at first hit and went down then retested it after bad US employment claims, breaking aboveā€¦
Today retracement is at 0.8560/70, break is to 0.8480/90 but 0.8390/00 would hold while high is at 0.8640/50, break if happens is to target 0.8680/90

Euro/Gbp This pair broke above to base on uptrend, basing above 0.8800/10 targetting 0.8880/90 while below 0.9790/95 is to target 0.8760 then 0.8730

Euro/Chf This pair still on uptrend targetting 1.1860/70, break is to 1.1920/30, retracement is at 1.1700 break is to 1.1610/20, below would change trend direction

Gbp/Chf This pair still on uptrend, targetted our resistance then fell down, retracement is at 1.3280 break is to 1.3200/10, below would change trend direction

Gbp/Jpy This pair still on uptrend, was also effected by intervention with around 50 pips spike, then based above 127.60 and targetted our high price around 128.50 that this pair would face resistance at today, break is to 128.80/90 then 129.00/10 then possibly 129.90/00 that would hold, while retracement is at 127.80 break is to 127.50, below would change direction to target 127.00/10 then 126.50/60 then 126.20/25 low price level must hold

Euro/Jpy This pair still on uptrend, targetting 114.10/20 then 114.40/50, retracement is at 112.50/60 break is to 112.10/20, below would change trend direction to target 111.50/60

Aud/Usd This pair still on uptrend, facing resistance at 1.0850/60, break is to 1.0920/25 then 1.0960 must hold, retracement is at 1.0770/80 then 1.0720 must hold

Oil is still on uptrend, powering it after basing above 99.30/40, today retracement is at 98.60/70, break is to 97.70/80 then 96.90 must hold, while high is at 99.90/00, a base above would more power uptrend to target 101/00/10 then 101.90/00

Gold is looking to start a downtrend movement today, basing below 1591/92 to target as low as 1554/55 if not today then in coming days, with support price levels at 1579 then 1573 then 1562, while above 1591/92 is to target 1604 then 1606/07 must hold

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

  • CAD Core CPI: Buy Usd/Cad if below 0% while sell if 0.2% or above

  • Core Retail Sales: Buy Usd/Cad if below 0% while Sell if 0.5% or above

Have A Great Trading Day

118

Hello Traders,

Forex Signals & Analysis for 25th July 2011:

Short Term Signals:

Usd/Chf Buy 0.8090/95 then 0.8040/45, sell 0.8265/70 then 0.8295/00 then 0.8345/50

Usd/Jpy Buy 78.10/15 then 77.95/00 then 77.70/75, sell 78.85/90 then 79.00/05 then 79.25/30

Euro/Usd Buy 1.4285/90 then 1.4255/60 then 1.4190/95, sell 1.4440/45 then 1.4485/90 then 1.4535/40

Gbp/Usd Buy 1.6245/50 then 1.6220/25 then 1.6185/90, sell 1.6345/50 then 1.6375/80 then 1.6410/15

Medium Term Daily Analysis:

Usd/Chf This pair returned to downtrend after moving sideways in previous days, worries about the US Debt Ceiling led to selling this pair at the open of todayā€™s daily candle, retracement is at 0.8170 break is to 0.8190/00,
break above here is to target 0.8290/00, while low is at 0.8060

Usd/Jpy This pair is still on downtrend, retracement is at 78.55/60, break is to 78.85/90 then a base above 79.00 would target 79.80/90, while low is at 78.70/80

Euro/Usd This pair is still on uptrend, retracement is at 1.4320/25, break is to 1.4290/00, then break here would target 1.4200/10, below would change trend direction, while resistance is found at 1.4440/50, a base above would power the trend to target our other 2 short term sell signals

Gbp/Usd This pair is still on uptrend, looking to target retracement at 1.6250/60, a base below is to target 1.6150/60 then 1.6090/00 must hold, while a base above 1.6350 would power the trend to target our other 2 short term sell signals.

Aud/Usd This pair is still on uptrend, retracement is at 1.0800, break is to target 1.0720/30, while high is at 1.0870/80

Usd/Cad This pair failed to base above on friday despite performing a successful breakout strategy from retracement to 0.9530/40 but reversed from there closing below 0.9500 after contradicting news release, the first came as bad which led to a buy of this pair then the second came out as good which led to selling this pair.
Ofcourse, traders who trade the news must had gained good money from both news releases by following my news release friday signals for this pair that felected what occured in the marketā€¦
Looking today to retest resistance at 0.9540/50, a base above would change direction to target 0.9590/00, while below support at 0.9480/90 is to target 0.9420/30

Nzd/Usd This pair is still on uptrend taregetting high price level at 0.8690/00, break is to power the trend targetting 0.8720/25 then possibly 0.8770/80, while retracement is at 0.8600/10, break below might target as low as 0.8490/00 if not today then in coming daysā€¦

Euro/Chf This pair still on uptrend, but might change this view today if kept falling to support at 1.1620/30 then 1.1600/05 and closing todayā€™s candle near or below there, while a base again above 1.1700 is to target 1.1750/60 then 1.1920/30 must hold.

Euro/Gbp This pair is still on uptrend, but faced difficulty on friday to continue towards 0.8890/00(stopped midway at 0.8853) but kept the base above 0.8800 today but failed to continue above 0.8830, leading to 2 possible options or scenarios: first is a base above 0.8810 to taregt 0.8880/90 while below 0.8790 is to target 0.8760

Euro/Jpy This pair is still on uptrend, after holding on fridat at retracement 112.50 which is also todayā€™s retracement, a break is to 112.00/05, below here would change direction targetting 111.40/50, while kept basing above retracement might target 114.00/10

Gbp/Jpy This pair is still on uptrend, despite facing resistance at 128.50 as was expected on friday then falling to retracement and performing a breakout to said support at 127.50 but then filtered above, a base today below 127.40/50 would change direction to target 127.00 then 126.70, if broke below here would hold at 126.00/10, while a base above 126.70/75 is to target 128.40/50, a break above would power the trend targetting 129.00/10

Gbp/Chf This pair targetted friday retracement after finding resistance at 1.3440, but opened today below retracement but above 1.3200/10 which led to a mixed view,
a base below 1.3230 is to target 1.3200 but a break then base below here is necessary to change direction targetting as low as 1.3100

Oil is still on uptrend, wasnā€™t able to base above 99.90/00 but barely hit 100.15 then went downward, opening today lower, targetted retracement at 98.80, a base below is to target 98.00/10 then 97.30/40 that must hold but if broken would chnage direction while high is at 100.30/40

Gold faced 2 scenarios on friday, first based below 1591/92 looking to base on downtrend but failed to continue the collapse but stopped at 1583 and reversed after talks increased about US Debt Ceiling no solution yet, targetted again 1591/92 then broke and target our said friday resistance at 1506/7 and held there as expected,
today boosted to the upward with a weak dollar and the same problem is Debt Ceiling conflict in the Congress, retracement is at 1603/4, break is to 1592/93, a base below would target 1554/55 with support levels at 1582 then 1573/74 then 1563, while high is at 1538, if broke might target 1644/45 that must hold.

Have A Great Trading Day

119

Hello Traders,

Forex Signals & Analysis for 26th July 2011:

Short Term Signals:

Usd/Chf Buy 0.7975/80 then 0.7940/45 then 0.7865/70, sell 0.8160/65 then 0.8210/15 then 0.8265/70

Usd/Jpy Buy 77.75/80 then 77.50/55, sell 78.75/80 then 79.00/05

Gbp/Usd Buy 1.6230/35 then 1.6210/15 then 1.6155/60, sell 1.6370/75 then 1.6405/10

Euro/Usd Buy 1.4310/15 then 1.4280/85 then 1.4235/40, sell 1.4510/15

Medium Term Daily Analysis:

Usd/Chf This pair still on downtrend, would face strong support at psycological price level 0.8000, if this level holds then this pair should retrace to 0.8090/00,
then break is to 0.8150/60, break here would target 0.8270/80 that must hold, while below 0.8000 is to target our short term buy signals.

Usd/Jpy This pair still on downtrend, faced intervention from few hours(around 80 pips), retracement is at 78.40/50, break is to 78.70/80 which had been performed by intervention but could be repeated later on, break above is to target 79.65/70 that must hold, while low is at 77.50/60

Gbp/Usd This pair is still on uptrend, retraced yesterday to said retracement at 1.6260(which is also today retracement) before going up again to keep uptrend movement, but looking to face good resistance at 1.6350, above would more power the trend and target our short term sell signals. while below retracement is to target 1.6190/00 then break is to hold at 1.6100/10

Euro/Usd This pair is still on downtrend, retraced to yesterday said retracement at 1.4320/25 then kept continuing upward to keep trend direction, today would try targetting 1.4550/60 then high is at 1.4620/30, while retracement is at 1.4350/60, break is to 1.4250/60

Aud/Usd This pair is still on uptrend, retracement at 1.0820/30, break is to 1.0760/70 then 1.0730/40 must hold, while high is at 1.0950/60 and front support might be forming at 1.0890, today closing below here might lead to retracement later onā€¦

Usd/Cad This pair still on downtrend, successful breakout strategy for yesterday, today retracement is at 0.9475/80, break is to 0.9500/10 then 0.9570/80 must hold while low is at 0.9400/10 if broken then would target 0.9380/85 then 0.9330/40 must hold.

Nzd/Usd This pair is still on uptrend, retracement is at 0.8620/30, break is to 0.8530/40 then break here would hold at 0.8400/10, while high is at 0.8720/30

Euro/Chf This pair reversed to downtrend, basing below 1.1630/40, break is to target 1.1820/30 that must hold, while on the downside would target 1.1510/20 below would target 1.1460/70 but 1.1400/10 must hold.

Euro/Gbp This pair is still on uptrend, targetting 0.8870/80 above here would power the trend to target 0.8895/00, retracement is at 0.8820/30, break is to 0.8800 that must hold but if broken then trend direction would change.

Euro/Jpy This pair performed a successful breakout strategy, but then went up again to keep uptrend with intervention help too, retracement is at 112.10/20, break is to 111.40/50, while on the upside would target 113.80/90 then 114.40/50

Gbp/Jpy This pair also performed a successful breakout strategy but again intervention helped in keeping it up and targetted today resistance at 128.30/40 before going down again, below 127.40/50 is to target 127.00 that must hold but if broken then would target 126.50/60 then 126.00/10 must hold

Gbp/Chf This pair reversed to downtrend, targetting our low price and even more weakned later on, today retracement is at 1.3180/90, break is to 1.3320/30, while low is at 1.3000

Gold is still on uptrend, after holding on yesterday retracement and going up, today retracement is at 1606/07, break is to 1597/98, below is to target 1583/84 while more collpase would hold at 1560, high is at 1643/44

Oil is still on uptrend, despite unability or no decision to base above 100, high is at 100.30/40 above would power the trend, while retracement is at 98.80 break is to 98.10/20 and 97.00/10 must hold.

We have 2 Important News Releases today for the sterling & Dollar Currencies:

  • UK Prelim GDP: Buy Gbp/Usd if 0.4% or above while sell if 0% or below

  • US New Home Sales: Buy Usd/Chf & Usd/Jpy if 350K or above while Buy Euro/Usd & Gbp/Usd if 280K or below

*** Traders must keep a close look at US Debt Ceiling News because that would surely effect the market. It seems that not only Fed Chairman Bernanke would continue ruining the Global Economy after damaging the Dollar Currency but also differences bt. Congress Republicans and Democrats is contuing this dangerous job.
Itā€™s really astonishing how the Congress of one Country canā€™t solve their debt problems while the whole EuroZone sat down and solved many European countries debt problems in short time and as consistent action from country to another providing support.
Even if it looks that US Debt Ceiling problem would be solved even if at last day but till that time Global Economy is in lot of pressure, besides forex market & Certain pairs as Usd/chf, Usd/Jpy and Chf & yen pairs in General that are facing huge challenge even Bank of Japan always Intervention isnā€™t helping much but yen is powering again while Chf is kept for Godā€¦LOL(No Intervention), due to people searching for safe haven currencies in this Dollar tragedy situation.
Letā€™s wait and see if the Congress would solve their debt problem soon or drag it to the last day or maybe minutes or secondsā€¦
A small joke I heard from a middleastern friend that if this debt problem was in any dictatorial country as was in Iraq or Egypt or Libya the problem would had been solved from long ago just with a finger wave by the Dictator leader or President with no talking, no discussion with anyone whatsoever, while President of the Mighty USA Barack Obama needs to urge & maybe near deadline would *** the Congress to act fast to solve this Debt Ceiling problem before deadline, really LOL.

Have A Great Trading Day

120

Hello Traders,

Forex Signals & Analysis for 27th July 2011:

Usd/Chf Buy 0.7970/75 then 0.7950/55 then 0.7910/15, sell 0.8065/70 then 0.8095/00 then 0.8120/25

Usd/Jpy Buy 77.40/45 then 77.20/25 then 76.65/70, sell 78.60/65 then 78.00/05 then 79.30/35

Euro/Usd Buy 1.4360/65 then 1.4295/00 then 1.4230/35, sell 1.4590/95 then 1.4630/35 then 1.4735/40

Gbp/Usd Buy 1.6265/70 then 1.6200/05 then 1.6140/45, sell 1.6490/95 then 1.6525/30 then 1.6630/35

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, as expected psycological level 0.8000 formed a strong support(Good Buy), today retracement is at 0.8065/70, break is to 0.8135/40 then break here would target 0.8250/60 that must hold, while below 0.8000 is to target our short term buy signals.

Usd/Jpy This pair is still on downtrend, retracement is at 78.20, break is to 78.60, above here is to target 79.50/60 and hold there, while low is at 77.20/30.

Euro/Usd This pair is still on uptrend(pardon me for yesterday mistake ā€œdowntrendā€ but surely you undertood that it was a typing mistake as the followed content shows the uptrend directionā€¦),
today retracement is at 1.4430/40, break is to 1.4300, a base below here would change direction but must hold at 1.4230/40, while high is at 1.4640/50.

Gbp/Usd This pair is still on ptrend, retracement is at 1.6340/50, break is to 1.6230/40, break here would target 1.6120/30 and change trend direction, while on the upward movement would target our short term sell signals.

Aud/Usd This pair is still on uptrend, boosted today another big bullish candle after AUssie CPI News Release came out as good, better than forecast by 0.2% (forecast was 0.7%, actual came out as 0.9%).
In bt., I have doubts about the forecast numbers of some news releases, for example: the previous Aussie CPI number was 1.6%, so it was clear that the new(released today) CPI number would not be worse than 0.7%(forecast), it would not drop more than 1% especially with recent good situation of the Aussie. So sometimes the forecast number is clearly favoring some currencies, because if it was reasonably at 1.1% and actual came out as now 0.9% then it was a bad news and the Aussie could had weakened fast.
Ofcourse, nothing against the Aussieā€¦LOL, other currencies also have same doubting forecast scenario sometimes.
Anyway, today retracement is at 1.0910/20, break is to 1.0795/00 then 1.0750/60 must hold and 1.0960/70 is forming a front support, on the upside must hold at 1.1060/70, above here if liked to target a very overbought area then it would be 1.1100 then 1.1150/60 would surely hold to make a correction later on with a collapse from this level.

Usd/Cad This pair kept on downtrend, targetted our yesterday low price 0.9400/10 then retraced upward, today low price level is at 0.9390/00, break is to 0.9370/75 then 0.9340 must hold, while retracement is at 0.9455/60 break is to 0.9495/00 then break above here must hold at 0.9560.

Nzd/Usd This pair is still on uptrend, targetted today high price at 0.8760/70, break above if occured is to target 0.8780/90, above is not in the picture but if occured then 0.8815/20 would be next target, retracement is at 0.8670/80, break is to 0.8570/80, below here not in the picture but if happens to be would target 0.8430/40 and hold there.

Euro/chf This pair have 2 Scenarios or options for today, a base above 1.1640/50 is to target 1.1810/20 while a base below 1.1620 is to target 1.1530/40 then 1.1470/80 must hold

Euro/Gbp This pair is still on uptrend, targetted yesterday our high price level at 0.8870/80 then fell down, today retracement is at 0.8820, break is to target 0.8800, a base below would change direction and target 0.8750/60 then 0.8700/10 must hold while high is at 0.8870/75

Euro/Jpy This pair is kept on uptrend, targetting 113.70/80, above is to target 114.20/25 but 114.90/00 must hold, while retracement is at 112.70/80, break is to 112.30/40, a base below would target 111.70/80

Gbp/Jpy This pair is kept on uptrend, retracement is at 127.70/75, break is to 127.50/60, below would target 127.00/10, if breaks below here would target 126.60/70, while resistance is found at 128.20/30, a base above is to target 128.60/70 then 129.00/05 must hold

Gbp/Chf This pair kept on downtrend from yesterday, retracement is at 1.3180/90, break is to 1.3200/05, then a base above would target 1.3310/20 that must mainly hold.

Oil is still on uptrend despite having each day many scenarios from down to up then always being rejected from above at our high prices and opening a new candle below 100, as I said yesterday it seems that thereā€™s no clear decision yet for Oil to base above 100 and target higher prices, today retracement is at 99.00, break is to 98.10/20 then 97.20/30, a base below is to target 96.20/30 then possibly 94.80/90 that must hold, while high is at 100.40/50, above is to target 101.10/20 then 102.00/10 then possibly 103.40/50

Gold is still on uptrend, held above yesterday retracement at 1506/07 to keep upward momentum, targetting as high as 1636 with resistance on the way as 1625 then 1628, while retracement is at 1612/13, break is to 1601/02, a base below might target as low as 1565/66 that must hold

***Keep Close look at US Debt Ceiling News because any new optimisim or default would direcrly reflect at and effect the markets. It is clear that no decision to let Usd/Chf collapse below psycological level 0.8000, nothing would lead to that but a clear US Debt Default news, and Iā€™ll also look closely at CHF Barometer News Release that might give some breath for the CHf pairs weakening the Chf currency if number came out as bad but also might lead Usd/chf to break below 0.8000 but thereā€™s still doubt that this level would break easily unless crucial news lead to that.
Also, a positive news about Debt Ceiling Solution would quick powering the Dollar Currency against all other currencies, so take care of that scenario too.

Have A Great Trading Day

122

Hello Traders,

Forex Signals & Analysis for 28th July 2011:

Short Term Signals:

Usd/Chf Buy 0.7980/85 then 0.7965/70 then 0.7940/45, sell 0.8050/55 then 0.8070 then 0.8090/95

Usd/Jpy Buy 77.50/55 then 77.25/30 then 77.00/05, sell 78.30/35 then 78.45/50 then 78.80/85

Gbp/Usd Buy 1.6260/65 then 1.6230/35 then 1.6150/55, sell 1.6435/40 then 1.6485/90 then 1.6535/40

Euro/Usd Buy 1.4260/65 then 1.4215/20 then 1.4095/00, sell 1.4530/35 then 1.4610/15 then 1.4685/90

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, retracement is at 0.8050, break is to 0.8120 then a break above here would target 0.8235/40 that must hold, while low price level is at 0.7930/40 only if price bases below 0.8000 which wasnā€™t the case from some days till now, actually 0.8000 was broken but shyly to only hit 0.7995 which is only seen as a false breakout.
Take Note that buyers are now found near the 0.8000 price level and current low price might be found later on as the reversal of this pair to keep going up later on after the debt problem is solved. The clock is ticking, lets see what would be the case in few coming days and remember that heavy buying for the dollar currency would occur when the news of debt ceiling solution would be spread out so take care of that, start buying the dollar from the ground price before seeing it on the roof later onā€¦
Ofcourse, if the congress didnā€™t like to upset us with Mr. Presient Obama, & Mr. Ben Genius(Bernanke) donā€™t come out with some foolish remarks as reviving QE3 idea, stay at home Mr. Ben Genius do not come out we do not want to see your nice beardā€¦LOL
Anyway, it is clear that default isnā€™t an option, thereā€™s no option but success in this debt ceiling problem, but maybeā€¦

Usd/Jpy This pair is still on downtrend, went up to yesterday retracement as fears of intervention controlled traders(sellers of this pair), today retracement is at 78.00/05, break is to target 78.45/50 then above here is to target 79.35/40, while low is at 77.10/20(Buy Buy Buy)
As I explained in previous posts, BOJ would not intervene every day, would only do that surprisly as had done till now, maybe once or maximum twice a week or at low price level as 77.50 or around 77.00/20, so keep focus at that. Mainly, it look as if intervention would be hand to hand with debt ceiling solution date.

Euro/Usd This pair is today squeezed bt. resistance and support after leaving uptrend with a successful big pips breakout strategy yesterday, above resistance at 1.4380 is to target 1.4435/40, above would might lead to cover most of yesterday down movement with resistance at 1.4500, while below support at 1.4320 would target 1.4300 then below to our short term buy signals.

Gbp/Usd This pair is still uptrend, kept basing above 1.6320 is to target 1.6420/30, while a base below 1.6320 might lead to target 1.6240/50 changing trend direction, below would target 1.6130/40 that must hold.

Usd/Cad This pair is looking to leave downtrend to base on uptrend, if keeps the base above 0.9470 targetting 0.9550/60 then a break would target 0.9635/40 that must hold, while low is at 0.9400/10

Nzd/Usd This pair is still on uptrend, retracement is at 0.8670/75, break is to 0.8600/10, then below here if a collapse occur would target 0.8440/50 that must hold, while high is at 0.8790/00

Euro/Chf This pair performed a successful breakout strategy yesterday, basing on downtrend again but mainly moving sideways even if on downtrend channel since current price level had been a rejection in past days, retracement is at 1.1570, break is to 1.1610/20, above would target 1.1770/75 that must hold, while low is at 1.1430/40 must hold.

Euro/Gbp This pair is on downtrend today after a successful breakout strategy, basing below retracement at 0.8800/10 targetting 0.8770 first then a break would extend weakness to 0.8750 then 0.8725/30 then below 0.8700 would hold at 0.8680/90, while above retracement is to 0.8840/50

Aud/Usd This pair is still on uptrend, held on front support today at 1.1000/10 to keep a powerful uptrend, retracement is at 1.0960 break is to 1.0820/30 then below must hold at 1.0770, while new historic hihs might be 1.1110/15 if breaks above 1.1080 then 1.1100

Euro/Jpy This pair reversed yesterday with a successful breakout strategy to base on downtrend but mainly moving sideways, retracement is at 112.20/30 break is to target 113.40/50, while low is at 111.00/10 that must hold

Gbp/Jpy This pair also reversed to downtrend with a successful breakout, but mainly moving sideways, retracement at 127.40/50 break is to target 128.00/10, while low is at 126.50/60 then 126.10/20 must hold

Gbp/Chf This pair is still on downtrend, retracement is at 1.3130/40 break is to 1.3190/00, above here would target 1.3290/00, while low is at 1.3050/60 that had been forming good support in past days, so a break below is forbidden but if occur would target 1.3000 psycological level then 1.2950/60 would hold.

Oil performed a successful breakout strategy yesterday, today basing on downtrend, below 98.20 targetting as low as 94.40/50 and low resistance is forming at 97.30/40, above retracement might target high at 100.10/20

Gold is still on uptrend holding at today retracement 1612, break is to 1603, below might target as low as 1571 with support levels on the way bt. 1580 and 1583.

Have A Great Trading Day

123

Hello Traders,

Forex Signals & Analysis for 29th July 2011:

Short Term Signals:

Usd/Chf Buy 0.7970/75 then 0.7955/60 then 0.7925/30, sell 0.8050/55 then 0.8070/75 then 0.8095/00

Usd/Jpy Buy 77.45/50 then 77.35/40 then 77.10/15, sell 77.95/00 then 78.15/20 then 78.30/35

Gbp/Usd Buy 1.6295/00 then 1.6255/60 then 1.6225/30, sell 1.6415/20 then 1.6435/40 then 1.6490/95

Euro/Usd Buy 1.4225/30 then 1.4180/85 then 1.4110/15, sell 1.4430/35 then 1.4475/80 then 1.4550/55

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, targetted new historic low yesterday at 0.7990, again moving shyly below 0.8000 before spiking up to 0.8050 as if the markets are giving warnings that a quick collpase is in the hand if US Debt Ceiling problems ends with no solution.
Today retracement is at 0.8030/40, break is to 0.8100/10, above here would target 0.8210/20, while low is at 0.7910/20

Usd/Jpy This pair is still on downtrend, retracement is at 77.85/90, break is to 78.30/40 then above here would target 79.20/30, while low is at 77.00

Euro/Usd This pair is again squeezed bt. resistance at 1.4355/60 break is to 1.4400 then might target 1.4500, and support at 1.4375/80, break is to as low as 1.4130/40 and confirming downtrend movement with support levels at the way down as our short term buy signalsā€¦

Gbp/Usd This pair is still on uptrend, holding above retracement at 1.6330/40 targetting 1.6450/60, while below retracement is to target 1.6260/70, break here must hold at 1.6150/60

Usd/Cad This pair is basing on uptrend today, above 0.9480 targetting 0.9550/60 then 0.9610/20 while below 0.9480 might target 0.9400

Nzd/Usd This pair is looking to leave uptrend after many many days basing above, below 0.8685/90 targetting 0.8620/30, break below is to target 0.8470/80 that must hold, while a base above 0.8685/90 is to target high at 0.8815/20 that must hold

Euro/Chf This pair is still on downtrend, targetting 1.1420/30 below 1.1400 would extend weakness fast with a new historic low, while retracement is at 1.1520/30, break is to 1.1600/10, above here would target 1.1720/30

Euro/Gbp This pair still on downtrend from yesterday, targetted our yesterday low price, today retracement is at 0.8780/90 break is to 0.8795/00, above would target 0.8835/40 then 0.8870/80 must hold, while low price level is at 0.8670/80

Aud/Usd This pair is still on uptrend, but might be on the verge of changing this view if breaks belwo retracement at 1.0960 targetting 1.0850/60, break below must hold at 1.0770/80, while holding above retracement might target 1.1020/30

Euro/Jpy This pair is still on downtrend, retracement is at 111.70/80, break is to 112.10/20, a break above here would target 113.10/20, while low price level is at 110.40/50, below might extend weakness to as low as 109.00/10

Gbp/Jpy This pair is still on downtrend, retracement is at 127.40, a base above would target 127.90/00 then 128.40, above here would extend gains to 129.40, while low is at 125.60/70

Gbp/Chf This pair is still on downtrend, retracement is at 1.3125/30, break is to 1.3180/90, above here would target 1.3260/70 then 1.3290/00, while low price level is at 1.2950/60 if broke below 1.3000 psycological levelā€¦

Gold still on uptrend after targetting yesterday retracement then going up again, today retracement is at 1613, break is to 1605/06, below 1600 would target as low as 1577/78, while basing above retracement would target 1620 then 1628/29, above here would extend gains fast to 1640

Oil is still on downtrend from yesterday targetting 94.80/90, below would extend gains fast, retracement is at 97.70, break is to 98.20, above here might target 100.10/20

We have an Important news release today for the Dollar Currency:

  • US Advance GDP: Buy Usd/Chf & Usd/Jpy if 1.8% or above while Buy Euro/Usd & Gbp/Usd if 1.3% or below

Have A Great Trading Day

124

Hello Traders,

Forex Signals & Analysis for 1st August 2011:

Short Term Signals:

Usd/Chf Buy 0.7765/70 then 0.7725/30 then 0.7605/10, sell 0.8015/20 then 0.8090/95 then 0.8155/60

Usd/Jpy Buy 76.15/20 then 75.95/00 then 75.15/20, sell 78.25/30 then 78.60/65

Euro/Usd Buy 1.4235/40 then 1.4160/65 then 1.4095/00, sell 1.4485/90 then 1.4525/30

Gbp/Usd Buy 1.6250/55 then 1.6170/75 then 1.6090/95, sell 1.6540/45 then 1.6595/00

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend, retracement is at 0.7965/70, break is to 0.8060/70, then above here would change trend direction to target 0.8170/80, while low is at 0.7850/60

Usd/Jpy This pair is still on downtrend, retracement is at 77.60, break is to 78.00/10(this breakout strategy had been performed in today early hours but might be repeated later), above would change trend direction targetting 79.00/05, while low is at 76.50/60

Euro/Usd This pair is still movign sideways despite market price now basing on uptrend channel, above 1.4360 targetting high at 1.4550/60, while below 1.4350 might target 1.4270 then 1.4220/30, below would base this pair on downtrend, possibly targetting 1.4130/40

Gbp/Usd This pair is still on uptrend, targetting high at 1.6510/20, retracement is at 1.6380/85, break is to 1.6310/20 then 1.6250/60, below would change trend direction targetting 1.6170/80

Usd/Cad This pair is still on uptrend, retracement is at 0.9500/10, break is to 0.9480, a base below would change trend direction to target 0.9450/60 then low at 0.9400/10, while kept basing above retracmeent is to target 0.9620 then 0.9660/70 but 0.9700/05 must hold.

Nzd/Usd This pair is still on uptrend, targetting high at 0.8880/90, retracement is at 0.8740/50, break is to 0.8670/80, below would change trend direction targetting 0.8500/10 that must hold

Euro/Chf This pair is still on downtrend, retracement is at 1.1440/50, break is to 1.1570/80 then 1.1670/80 must hold, while low is at 1.1230/40

Euro/Gbp This pair is still on downtrend, retracement is at 0.8765/70, break is to 0.8790/00, above would chnange trend direction to target 0.8820/30 then 0.8860/70 must hold, while low is at 0.8680

Aud/Usd This pair kept uptrend, after a huge fall but held above 1.0900 and retraced upward, opening today daily candle above retracement at 1.0980, break is to 1.0900/10, below here would change trend direction targetting 1.08000, while high is at 1.1070/80

Euro/Jpy This pair is still on downtrend, retracement is at 111.50 break is to 112.00/10(had been performed in early hours today but might be repeated later), above would change trend direction targetting 112.75/80, above would power upward movement targetting 113.90/00 then possibly 114.70/80, while low is at 109.10/20

Gbp/Jpy This pair is looking to base on uptrend today, above 127.30/40 targetting 129.40/50 but might filter below 130.00 for today, while below 127.00 might target low at 125.60/70 with support level on the way at 126.00.

Gbp/Chf This pair is still on downtrend, retracement is at 1.30/50/60, break is to 1.3150/60, above would change trend direction to target 1.3220/30, a base above here would more boost gains, while low is at 1.2910/20

Oil is still on downtrend, targetted our low price on friday, retracement is at 97.20/30, break is to 98.00/10, above would chnage trend direction to target 99.90/00 that must hold, while low is at 95.00, below would more extend weakness to target 94.30/40 then 93.60 and possibly 92.30

Gold fell from uptrend, but today squeezed bt, resistance at 1615 break is to 1632/33, above is to target high at 1649/50 that must hold, and support at 1607 below would target 1584/85 changing trend direction, break below would target 1560

We have 2 Important News Releases today for the Sterling & Dollar Currencies:

  • UK Manufacturing PMI: Buy Gbp/Usd if 53 or above while sell if below 50

  • US ISM Manufacturing PMI: Buy Usd/Chf & Usd/Jpy if 57 or above while Buy Euro/Usd & Gbp/Usd if 53 or below

*** To keep enlightening from time to time at this news release stratgey, friday great success was the ā€œUS Advance GDPā€, as you remember well the signal was Buy Euro/Usd & Gbp/Usd if 1.3% or below(or vice versa by selling Usd/Chf & Usd/Jpy), and the news release number came out exactly at 1.3% and all traders remember how both pairs spiked up while Usd/Chf & Usd/Jpy collapsed downā€¦

**The market seem to be kidding meā€¦, after Debt Ceiling deal had been announced by US President Obama, a shy power had been realized for the dollar currency especially for Usd/Jpy & Usd/Chf pairs with also Gold collapsing but then market retraced to be currenctly in a moderate status after traders & investors are waiting for a more serious clear end of this saga with a voteā€¦
Honestly, the dollar must keep powering as started at today market open, called safe haven currencies as Chf, Jpy & also Gold might start loosing strength but maybe not dramatically till the US leaders stop playing this chicken game, playing with the whole global economy and acting as kids that canā€™t union to solve their problem.
I believe that trust isnā€™t found yet in a dollar keep powering until US Leaders act seriously with definite actions that must be appearing soonā€¦

Have A Great Trading Day