Forex Buy & Sell Trading Signals

Commercial Content Trading Signals
147

Hello Traders,

Forex Signals & Daily Analysis for 25th August 2011:

Short Term Signals:

Usd/Chf Buy 0.7880/85 then 0.7845/50 then 0.7815/20, sell 0.7995/00 then 0.8015/20 then 0.8070/75

Usd/Jpy Buy 76.45/50 then 76.20/25 then 75.95/00, sell 77.25/30 then 77.45 then 77.80/85

Euro/Usd Buy 1.4350/55 then 1.4320/25 then 1.4260/65, sell 1.4490/95 then 1.4525/30 then 1.4570/75

Gbp/Usd Buy 1.6285/90 then 1.1.6250/55 then 1.6140/45, sell 1.6515/20 then 1.6590/95

Euro/Jpy Buy 110.10/15 then 109.70/75 then 109.30/35, sell 111.45/50 then 111.70/75 then 112.35/40

Gbp/Jpy Buy 125.25/30 then 124.90/95 then 124.30/35, sell 126.85/90 then 127.25/30 then 127.80/85

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, retracement at 0.7920, break is to 0.7900, below is to target 0.7740/50, while on the upside to target our short term sell signals.

Usd/Jpy This pair is still moving sideways with uptrend basis, above retracement at 76.80 break is to 76.70, below would target our short term buy signals while above resistance at 77.05/10 would target our short term sell signals for this pair.

Euro/Usd This pair is still moving sideways, below 1.4410/15 is to target 1.4380/85 then 1.4360/65, break here is to 1.4310/20, below would extend weakness toward 1.4260/70 while high is at 1.4520/30

Gbp/Usd This pair is basing on downtrend today, below retracement at 1.6420/30 and 1.6370/75 that can turn later on to be low resistance if market price for this pair kept collapsing downward(or support if based above later on) to target 1.6320 then 1.6290 and probably toward 1.6210/20, while above retracement at 1.6420/30 might target 1.6510/20 then probably high at 1.6570/80

Usd/Cad This pair is still moving sideways, a base above 0.9870 is to target 0.9915/20 then 0.9935/40 and possibly 0.9970/75, while below 0.9860 might target 0.9800/10

Nzd/Usd This pair is still moving sideways, a base above 0.8290 is to target 0.8360/70 while below 0.8280 is to target 0.8170/80 and possibly toward 0.8010/20

Euro/Chf This pair is still on uptrend, retracement at 1.1410/20, break is to 1.1360/70 then 1.1260/70, below might target 1.1090/00, while on the upside might target 1.1515/20 then 1.1540/45 then possibly toward 1.1605/10

Gbp/Chf This pair is still on uptrend, retracement at 1.3000/10 break is to 1.2980, below here is to target 1.2850/60, while on the upside to target 1.3130/40 then 1.3180/90, above might extend gains toward 1.3260/70

Euro/Gbp This pair is on uptrend basis today with an overall sideways movement, retracement at 0.8770/75, break is to 0.8740/50, below would extend weakness, while on the upside would face resistance at 0.8820/30, a base above is not in the picture but if happens would extend gainsā€¦

Aud/Usd This pair still moving sideways, resistance at 1.0500/10, above is to target 1.0620 then hold at 1.0640/50, while below 1.0450 is to target 1.0420/25 then 1.0395/00 and possibly toward 1.0350

Euro/Jpy This pair is still basing on uptrend, retracement at 110.70 break is to 110.30/40 below here is to our short term buy signals, while high is at 111.70/80

Gbp/Jpy This pair is still moving sideways, above 126.20 is to target oiur short term sell signals for this pair, while a base below 126.00 might target our short term buy signals.

Gold is basing on downtrend today after a very successful breakout strategy yesterday exactly targetting our low price after 2 breakouts(read previous post) despite ā€œso-called expertsā€ talked about strong support at 1758(I do not know from where they found or analyzed this support level) anyway, today retracement is at 1792/93 break is to 1799/00, while 1741/42(yesterday breakout take profit target) might turn to be low resistance if market price kept collapsing downward or a support price level if based above, below would target 1706/07 then 1683/84 and possibly toward 1616/17

Oil is still on uptrend basis but facing resistance, above 85.30 is to target 86.60/70 if broke above here would target 87.40/45 then 88.25/30, while below 84.90 is to target 83.90/95 then 83.30/35 then 82.15/20

Have A Great Trading Day

148

Hello Traders,

Forex Signals & Analysis for 26th August 2011:

Short Term Signals:

Usd/Chf Buy 0.7880/85 then 0.7860/65 then 0.7815/20, sell 0.7990/95 then 0.8020/25 then 0.8050/55

Usd/Jpy Buy 76.75/80 then 76.45/50 then 76.05/10, sell 77.95/00 then 78.15/20 then 78.65/70

Gbp/Usd Buy 1.6205/10 then 1.6170/75 then 1.6085/90, sell 1.6395/00 then 1.6450/55 then 1.6500/05

Euro/Usd Buy 1.4285/90 then 1.4245/50 then 1.4160/65, sell 1.4485/90 then 1.4535/40 then 1.4605/10

Euro/Jpy Buy 110.50/55 then 110.15/20 then 109.70/75, sell 111.95/00 then 112.20/25 then 112.80/85

Gbp/Jpy Buy 125.50/55 then 125.25/30 then 124.85/90, sell 126.60/65 then 126.90/95 then 127.25/30

Usd/Cad Buy 0.9795/00 then 0.9755/60 then 0.9720/25, sell 0.9925/30 then 0.9945/50 then 1.0010/15

Aud/Usd Buy 1.0380/85 then 1.0360/65 then 1.0300/05, sell 1.0505/10 then 1.0540/45 then 1.0575/80

Nzd/Usd Buy 0.8225/30 then 0.8210/15 then 0.8165/70, sell 0.8325/30 then 0.8355/60 then 0.8385/90

Euro/Gbp Buy 0.8790/95 then 0.8775/80 then 0.8760/65, sell 0.8845/50 then 0.8860 then 0.8885/90

Euro/Chf Buy 1.1340/45 then 1.1315/20 then 1.1235/40, sell 1.1505/10 then 1.1555/60 then 1.1600/05

Gbp/Chf Buy 1.2835/40 then 1.2805/10 then 1.2710/15, sell 1.3035/40 then 1.3100/05 then 1.3150/55

Oil Buy 82.45/50 then 81.20/25 then 79.50/55, sell 87.25/30 then 88.40/45 then 90.20/25

Gold Buy 1709/10 then 1678/69 then 1654/55, sell 1808/09 then 1823/24 then 1871/72

Medium Term Daily Analysis:

Usd/chf This pair is still on uptrend, retracement at 0.7920 break is to 0.7900, below here would target our short term buy signals and probably toward 0.7745/50, while on the upside to target our short term sell signals for this pair.

Usd/Jpy This pair still on uptrend, above retracement at 77.10/15, break is to 76.80/85, below would target our short term buy signals and probably toward low at 75.90/00, while on the upside to target our short term sell signals.

Euro/Usd This pair is on downtrend today, below retracement at 1.4390/00, break might target high at 1.4510/20, while on the downside, below 1.4365 is to target 1.4310/20, below would extend weakness toward our short term buy signals

Gbp/Usd This pair is still on downtrend from yesterday, retracement at 1.6350/60, low resistance at 1.6320/30, on the downside toward 1.6210/20, below would extend weakness toward 1.6140/50, while above retracement is toward 1.6420/30

Usd/Cad This pair still moving sideways, above 0.9870 is toward our short term sell signals, while below 0.9820 is toward 0.9820, below would target our short term buy signals.

Nzd/Usd This pair is still moving sideways but with downtrend basis, below 0.8280 targetting 0.8180/85, below would extend weakness toward low at 0.8030/40, while above 0.8180 is to target 0.8350/60

Euro/Chf This pair is still on uptrend, retracement at 1.1390/00, break is to our short term buy signals and probably toward 1.1090/00, while above keot basing retracement is toward our short term sell signals.

Gbp/Chf This pair is basing on downtrend today, below retracement at 1.2960, break is to 1.2990/00 then possibly toward 1.3080/90, while on the downside to target our short term buy signals

Euro/Gbp This pair is still on uptrend basis, above retracement at 0.8790/00, targetting 0.8840/50 then break is to target 0.8880/90, while below retracement is to 0.8760/65 then 0.8740/50 must mainly hold.

Aud/Usd This pair is still moving sideways but with downtrend basis, below 1.0450/60 is to target our short term buy signals while above 1.0470 is to target 1.0605/10 then toward 1.0640/50

Euro/Jpy This pair is still on uptrend, retracement at 110.90/00, break is to 110.60/65 then 110.30/40, below is to our short term buy signals, while high is at 111.90/00, above is to our short term sell signals.

Gbp/Jpy This pair is still moving sideways but with downtrend basis today, below 126.20/30 to target our short term buy signals, while a base above is to target our short term sell signals.

Gold is stil on downtrend rrom yesterday, after another collapse retraced upward but still below today retracement at 1784/85, break is to 1804/05 then above here would target our short term sell signals, while a break of 1752/53 would target our short term buy signals for Gold.

Oil is moving sideways, below 84.80/85 is to target our short term buy signals while above 85.20/25 would find resistance at 86.10, above here would target our short term sell signals for Oil.

***All traders had been waiting this day from around 2 past weeks till now & market had been moving sideways, all this simply because they are waiting for Fed Chairman Ben Bernanke talks in Jackson Hole, waiting for the possibility of announcing QE3 or at least saying something important or good news which is surely not one of his habitsā€¦
My personal opinion about Bernanke possible talks is that the Fed Chairman would not announce QE3 especially after 3 Members dissents in last FOMC Meeting Minutes, and thereā€™s no real reason for QE3 but anything is expected from Mr. Ben Genius
I do not see that the forex market especially in terms of the dollar currency would face worse situation than what happened after Bernanke announced low rates till Mid-2013, because most if not all pairs are currently far away from their historic lows or highs. Like Usd/Chf is around 1000 pips far of its historic low and traders are still scratching well their skins before selling this pair since SNB clear warning of intervention, the same can be said for Euro/Chf & Gbp/Chf.
Usd/Jpy is not far from historic low but also all traders know well that BOJ is always ready for intervention, if they like to gain big money, it would be great to sell yen pairs to then buy them at dips to gain big big money after intervention & Iā€™ll surely be ready to buy at dips.
Euro/Usd & Gbp/Usd are still each effected by the Euro/Zone debt problems from country to the otherā€¦, and the UK bad economical data numbers that had been seen clearly recently with also the MPC Meeting Minutes showing 9 members voting all for rates hold after 2 were voting for hike at past with also unemployment bad news release number.
Briefly, 2 Options are possible after Ben Genius talks, first the dollar powers leading to big fall of other currencies against, or market prices keeps moving sideways or keep moving normally relying on future(next week and further onā€¦) economical new releases simply because the Big Countries Central Banks with also their politicians are weaker than taking a clear right decision to solve their ecomomical problems that is also effecting all other categoriesā€¦

We have 2 Important News Release for today:

  • UK Revised GDP: Buy Gbp/Usd if 0.4% or above while sell if 0.1% or below

  • US Prelim GDP: Buy Usd/Chf & Usd/Jpy if above 2% while Buy Euro/Usd & Gbp/Usd if below 0%

*** The Main focus would be at Jackson Hole Ben Bernanke Talks but the UK News Release might effect(at least for some good pips move) the sterling currency because it comes out many hours before the Fed Chairman talk, while the US News comes out only before 1 and half an hour from Bernanke talks, so not expected to have that big impact on the makret but certainly good to focus at outcoming number.

Try to play it safe traders, take your profits if you would not like to gamble wating for Bernanke talks to act, or at least lock your profits as setting Good SL target so you still get out with Good pips gains if market reverse toward your order.

Today is a very important day for not only the forex market but also other markets starting with the stock market.

I would expect the dollar to power especially against the Euro & Sterling and maybe also against the commodity currencies(Aud/Usd, Nzd/Usdā€¦), Chf must also weaken with the yen for lesser degree but still would be cautious since they are still named ā€œsafe havensā€, but I would surely not bet on dollar currency powering(as a blind decision) even for my pantsā€¦LOL with Bernanke possible continuation of madness with a new created surprise decision maybeā€¦

Besides, I do not know why traders take Ben Genius talks seriously anymore, just ignore him as if heā€™s not thereā€¦LOL
market waiting for 2 weeks for this day, even the US President Barack Obama speech do not take this importance, maybe all the secret is behind the Fed Chairman Nice Beardā€¦

Have A Great Trading Day

149

Hello Traders,

Forex Signals & Analysis for 29th August 2011:

Short Term Signals:

Usd/Chf Buy 0.7860/65 then 0.7765/70 then 0.7645/50, sell 0.8225/30 then 0.8300/05 then 0.8445/50

Euro/Usd Buy 1.4340/45 then 1.4265/70 then 1.4210/15, sell 1.4575/80 then 1.4610/15

Gbp/Usd Buy 1.6215/20 then 1.6145/50 then 1.6085/90, sell 1.6450/55 then 1.6485/90

Usd/Jpy Buy 76.10/15 then 75.85/90 then 75.20/25, sell 77.50/55 then 77.90/95 then 78.30/35

Euro/Jpy Buy 109.95/00 then 109.40/45, sell 111.95/00 then 112.40/45

Gbp/Jpy Buy 124.15/20 then 123.60/65, sell 126.55/60 then 127.10/15

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, retracement at 0.8000/10, break is to 0.7940/50, below here might target our short term buy signals, while high is at 0.8230/40, above would extend trend power

Usd/Jpy This pair opned today on downtrend below 76.80, targetting our short term buy signals and low is at 75.80/85, while above 76.85 is to target 77.05/10 then above to target our short term sell signals

Euro/Usd This pair reversed & opened on uptrend today after collapsing down on friday but spiking up again, generally keeping sideways movement, retracement at 1.4440/50, break is to 1.4410/20 then possibly toward 1.4360/70 and 1.4330/40 must hold, while high is at 1.4550/60

Gbp/Usd This pair is still on downtrend, retracement at 1.6350/60, break is to 1.6420/30, while on the downside is to target 1.6290/95 then toward 1.6220/25 and low is at 1.6150/60

Usd/Cad This pair is still moving sideways but with downtrend basis today, below 0.9830/40 targetting 0.9755/60 then 0.9730/35 then low is at 0.9700, while above 0.9840 is to 0.9860, above here would target 0.9910/15 then 0.9960/65

Nzd/Usd This pair is still moving sideways but with uptrend basis today, above retracement at 0.8340/50, targetting 0.8475/80 then 0.8505/10, while 0.8340 is to target 0.8300/10 below here is to 0.8270/75 then 0.8210/15

Euro/Chf This pair is still on uptrend, retracement is at 1.1570/80, break is to 1.1450/60, high is at 1.1920/30 with resistance at 1.1860/70 on the way upward

Gbp/Chf This pair is still on uptrend, retracement at 1.3090/00, break is to 1.3050/60, while on the upside to target 1.3380/85 then 1.3465/70

Euro/Gbp This pair is still on uptrend, retracement at 0.8830/35, break is to 0.8815/20 then 0.8800/05 then toward 0.8780/90, while on the upside to target 0.8880 then 0.8890/95 and toward 0.8915/20

Aud/Usd This pair is still moving sideways but with uptrend basis today, but would face resistance at 1.0640/45, break is to 1.0660, a base above would target 1.0700/05, retracement at 1.0520/25, break is to 1.0475/80 then toward 1.0450/60

Euro/Jpy This pair is still on uptrend, retracement at 110.90/00, break is to 110.60/65 then to 110.40/45, below would target our short term buy signals while would face resistance at 111.90/00

Gbp/Jpy This pair is still on downtrend basis with overall sideways movement, retracement at 125.60/70, break is to 126.00/10, qbove would target our short term sell signals, while low is at 124.00/10

Gold reversed and opened on uptrend today, support at 1816/17 then 1810/11, break is to 1766/67, while on the upside to target 1860/61 then 1874/75

Oil is still moving sideways, would face resistance at 85.65/70, break is to target 86.40 then 86.70/80 then 87.35/40 and possibly toward 89.10/15, while below 85.00/05 is to target 83.70/75 then 83.10 then 81.95/00 and possibly toward 81.00/05

***LOL(No other word to explain what happened on friday). The 2 options not 1 of them I mentioned that the market would move accordingly on friday had been achieved. First option was the dollar powering against all other currencies and that happened then the second option was market keeping again the sideways movement and that is what again happened after Bernanke talks.
Honestly and to be Straight Forward, what happened is briefly ā€œNonsenseā€, the first option must had been the market movement ruler because Bernanke didnā€™t mention QE3 despite keeping options opened till September FOMC but that mustnā€™t had reflect what happened of reversal for all pairs against the dollar after the big collapse especially that the other currencies arenā€™t at better postion economically as the Euro-Zone lifelong problems for the Euro and no reason for example the Euro/Usd pair to make a high around 1.4500.
Anyway, I still favor selling at high and if you want buy at low or one of both if you are a bullish or bearish trader of any pair.
Generally, Iā€™ll still expect the market to keep moving sideways till next FOMC & this week economical news releases would be very crucial especially for the dollar currency. It seem that traders, investorsā€¦ still dreaming of QE3 especially in the stock markets so a real decision by the Fed would still be necessary for a clear direction of market movement.

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

  • ECB President Trichet would talk, so it would be very important to listen well to what heā€™ll say, he might probably mention interest rate would be kept hold till february 2012 or more worse might come out by mentioning rate cutsā€¦

  • US Pending Home Sales: Buy Usd/Chf & Usd/Jpy if 1.0 or above while Buy Euro/Usd & Gbp/Usd if below -0.5

Have A Great Trading Day

150

Hello Traders,

Forex Signals & Analysis for 31st August 2011:

Short Term Signals:

Usd/Chf Buy 0.8110/15 then 0.8070/75 then 0.8020/25, sell 0.8265/70 then 0.8295/00 then 0.8355/60

Usd/Jpy Buy 76.50/55 then 76.35/40 then 76.15/20, sell 77.00/05 then 77.10/15 then 77.30/35

Euro/Usd Buy 1.4345/50 then 1.4300/05 then 1/4220/25, sell 1.4550/55 then 1.4600/05

Euro/Jpy Buy 110.00/05 then 109.60/65, sell 111.85/90 then 112.35/40

Euro/Chf Buy 1.1730/35 then 1.1685/90 then 1.1620/25, sell 1.1930/35 then 1.1970/75 then 1.2045/50

Gbp/Usd Buy 1.6200/05 then 1.6155/60 then 1.6055/10, sell 1.6430/35 then 1.6490/95

Gbp/Chf Buy 1.3245/50 then 1.3190/95 then 1.3110/15, sell 1.3470/75 then 1.3520/25 then 1.3600/05

Gbp/Jpy Buy 124.05/10 then 123.65/70, sell 126.35/40 then 127.00/05

Euro/Gbp Buy 0.8810/15 then 0.8785/90 then 0.8760/65, sell 0.8890/95 then 0.8910/15 then 0.8945/50

Usd/Cad Buy 0.9740/45 then 0.9720/25 then 0.9690/95, sell 0.9820/25 then 0.9840/45 then 0.9870/75

Nzd/Usd Buy 0.8450/55 then 0.8410/15 then 0.8370/75, sell 0.8585/90 then 0.8610/15 then 0.8665/70

Aud/Usd Buy 1.0605/10 then 1.0575/80 then 1.0525/30, sell 1.0740/45 then 1.0770/75 then 1.0825/30

Gold Buy 1785/86 then 1762/63 then 1742/43, sell 1863/64 then 1876/77 then 1912/13

Oil Buy 86.45/50 then 85.35/40 then 84.30/35, sell 90.20/25 then 90.90/95 then 92.55/60

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, retracement is at 0.8130/40, break is to our short term buy signals and good support at 0.8010/20, while high and good resistance at 0.8355/60

Usd/Jpy This pair is still moving sideways with downtrend basis, below 76.75/80 targetting our short term buy signals while above is to target our short term sell signals.

Euro/Usd This pair is still moving sideways, would face resistance at 1.4450, break might target our short term sell signals while a base below would target 1.4420 then below here might confirm a downtrend start extending weakness to 1.4360/70 then good support at 1.4340/50 but a base below 1.4320 would more power the new trend if confirmed

Gbp/Usd This pair is still on downtrend, below retracement at 1.6330/35, break is to 1.6355/65 then toward 1.6390/00, while below 1.6290 would power the trend to target 1.6220/30 then possibly toward good support at 1.6150/60

Usd/Cad This pair is still on downtrend, retracement at 0.9795/00, break is to 0.9840/50, low is at 0.9730/40

Nzd/Usd This pair is on uptrend basis but would face resistance at 0.8540/50, retracement at 0.8460/70 break is to 0.8340/50

Euro/Chf This pair is still on uptrend, high at 1.2010/20, retracement at 1.1750/60, break is to 1.1550/60

Gbp/Chf This pair is still on uptrend, high at 1.3620/30, retracement at 1.3290/00, break is to 1.3130/40

Euro/Gbp This pair is still on uptrend, high at 0.8890/00, retracement at 0.8840/50, break is to 0.8810/20, below would target 0.8790 then possibly toward good support at 0.8760/70

Aud/Usd This pair is still on uptrend, high is at 1.0720/30, above would more power the trend, retracement at 1.0620/30, a base below 1.0600/10 would target 1.0520/30

Euro/Jpy This pair is moving sideways, between resistance at 110.90/00, break is to our short term sell signals and high is at 112.00/10, and support at 110.50/60 break is to our short term buy signals and low is at 109.00/10

Gbp/Jpy This pair is still on downtrend, retracement at 125.40/50, break is to 125.90/00, while low is at 123.80/90

Gold is on uptrend, retracement at 1821, break is to 1816, below would target 1781/82, while above 1839/40 is to target our short term sell signals for Gold.

Oil is on uptrend, retracement at 87.40 break is to 85.35/40 good support, while high is at 90.00/10 above would more power the trend.

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

  • ADP Nonfarm Employment Change: Buy Usd/Chf & Usd/Jpy if 110 or above while Buy Euro/Usd & Gbp/Usd if 90 or below

  • CAD GDP: Buy Usd/Cad if 0.0% or below while sell if 0.5% or above

*** The forex market is still moving in an overall sideways movement. With no clear direction for all pairs but only rare ones as the Chf pairs still effected by SNB warnings and some new actions as charging money on Chf currency deposits(meaning, you pay the bank for your Chf account deposit, meaning instead of the bank paying you money as interest rates for your money, you pay them because Chf interest rates might become negative with SNB possible new action), all these and possible kind of such actions is to keep weakening the Chf currency by the SNB after this currency pairs had hit historic lows.
On the other side, the Yen currency is still powerful & its pairs moving sideways and to the downside despite Yoshihiko Noda being set to become Japanā€™s New Prime Minister(in bt., from 5 years till now Japan had 6 Prime Ministers, so itā€™s like a habit to change the PM at around or below 1 year period of time, they feel it boring to keep him more than thatā€¦LOL)
Who is the Man?! He is the Finance Minister of the previous Japan Government, he is a very well known politician with his famous sentence ā€œAlways ready & monitoring the marketsā€ for possible intervention as long as the yen currency keep powering to new historic lows especially against the dollar. Still monitoring from above 80.00 till nowā€¦LOL, No the Man had stepped with the BOJ at many times with intervention to stop the yen from keep on poweringā€¦,
but simply nowadays an always intervention isnā€™t the only solution for todayā€™s markets collapses, but surely around the 76.00 then bt. 75 and 76 price level for the Usd/Jpy pair you must expect a good intervention to occur if didnā€™t happen in a soon time at current levelsā€¦
The Dollar, Euro, Sterling are expected to keep powering then softening as a cycle(according to coming economical news releases) till next September FOMC Meeting Minutes unless a surprise news hit the markets before that date, despite that I still favor a downside movement for the Euro/Usd & Gbp/Usd below current levels, but a daily trading is the best weapon for now till something new appear in the big pictureā€¦

Have A Great Trading Day

151

Hello Traders,

Forex Signals & Analysis for 5th September 2011:

Short Term Signals:

Usd/Chf Buy 0.7685/90 then 0.7600/05, sell 0.8030/35 then 0.8995/00 then 0.8235/40

Usd/Jpy Buy 76.45/50 then 76.30/35 then 76.10/15, sell 77.05/10 then 77.20 then 77.40/45

Euro/Usd Buy 1.4115/20 then 1.4055/60, sell 1.4285/90 then 1.4325/30 then 1.4365/70

Gbp/Usd Buy 1.6130/35 then 1.6090/95, sell 1.6265/70 then 1.6295/00 then 1.6335/40

Euro/Chf Buy 1.0945/50, sell 1.1425/30

Gbp/Chf Buy 1.2495/00, sell 1.2990/95

Euro/Jpy Buy 108.45/50 then 108.20/25, sell 109.90/95 then 110.30/35 then 110.70/75

Gbp/Jpy Buy 124.05/10 then 123.85/90 then 123.55/60, sell 124.90/95 then 125.10/15 then 125.40/45

Euro/Gbp Buy 0.8715/20 then 0.8700/05 then 0.8650/55, sell 0.8820/25 then 0.8845/50 then 0.8875/80

Usd/Cad Buy 0.9755/60 then 0.9715/20, sell 0.9900/05 then 0.9920/25 then 0.9990/95

Aud/Usd Buy 1.0580/85 then 1.0555/60 then 1.0490/95, sell 1.0730/35 then 1.0770/75 then 1.0815/20

Nzd/Usd Buy 0.8405/10 then 0.8370/75 then 0.8310/15, sell 0.8555/60 then 0.8590/95 then 0.8640/45

Gold Buy 1823/24 then 1803/04 then 1782/83, sell 1911/12 then 1924/25 then 1963/64

Oil Buy 84.40/45 then 83.35/40 then 81.35/40, sell 89.25/30 then 90.55/60 then 92.15/20

Medium Term Daily Analysis:

Usd/Chf Buy This pair is stuck today bt. support and resistance on downtrend basis, below retracement(resistance) at 0.7940/50, break is to 0.8000, above here would target our short term sell signals, and support at 0.7860/70 a base below might target our short term buy signals

Usd/Jpy This pair is still moving sideways, support at 76.80 below would target our short term buy signals, while above 76.85/90 would target our short term sell signals

Euro/Usd This pair is still on downtrend from past wednesday after confirming the trend by breaking below 1.4420, retracement today is at 1.4240/50, break is to 1.4320 while a base below 1.4130/40 would turn this support to resistance later on if market price kept collapsing downward toward our short term buy signals

Gbp/Usd This pair is still on downtrend, low is at 1.6090/00, retracement at 1.6200/10 break is to 1.6240 then 1.6290/00 must hold

Usd/Cad This pair is on uptrend, high support at 0.9840, retracement at 0.9820/25 break is to our short term buy signals while on the upside is toward our short term sell signals with good resistance at 0.9940/50

Nzd/Usd This pair is moving sideways bt. support at 0.8420, break is to 0.8350/60 and resistance at 0.8460/70, break is to target our short term sell signals

Euro/Chf This pair is on downtrend, low resistance at 1.1285/90, retracement at 1.1320 break is toward 1.1420/30, while on the downside as trend continuation might target 1.0940/50

Gbp/Chf This pair is on downtrend, low resistance at 1.2840/50, retracement at 1.2865/70, break is toward 1.2990/00, while trend continuation is toward 1.2490/00

Euro/Gbp This pair is on downtrend, retracement at 0.8780/90, break is to 0.8810/20 above is toward ourshort term sell signals, while trend continuation is toward our short term buy signals

Aud/Usd This pair is moving sideways, bt. resistance at 1.0640/50 break is toward our short term sell signals, and support at 1.0600, break is to our short term buy signals

Euro/Jpy This pair is still on downtrend, low is at 108.60/70, below would extend weakness and target our short term buy signals, retracement at 109.50/60 break is to 110.20/25 then 110.40/50 must mainly hold.

Gbp/Jpy This pair is still on downtrend, low is at 123.70/80, retracement at 124.50/60, break is toward 125.20/30 then 125.40/50 must mainly hold

Gold is still on uptrend, high is at 1900/01, above would target our short term sell signals, while retracement at 1855/56, break is to 1823/24 then 1809/10 must hold

Oil is moving today sideways bt. support at 85.70/75, break is toward our short term buy signals, and resistance at 86.75/80 then 87.00/05 break is toward our short term sell signals

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

  • UK Services PMI: Buy Gbp/Usd if 56 or above while sell if 52 or below

Have A Great Trading Day

152

Hello Traders,

Forex Signals & Analysis for 6th September 2011:

Short Term Signals:

Usd/Chf Buy 0.7800/05 then 0.7775/80 then 0.7730/35, sell 0.7930/35 then 0.7955/60 then 0.8005/10

Usd/Jpy Buy 76.65/70 then 76.55 then 76.40/45, sell 77.00/05 then 77.15 then 77.25/30

Euro/Usd Buy 1.4025/30 then 1.3995/00 then 1.3930/35, sell 1.4180/85 then 1.4220/25 then 1.4270/75

Gbp/Usd Buy 1.6030/35 then 1.5995/00 then 1.5930/35, sell 1.6200/05 then 1.6245/50 then 1.6300/05

Medium Term Daily Analysis:

Usd/Chf This pair is still on downtrend basis, retracement at 0.7900/10, break is to 0.7990/00 while on the downside to target our short term buy signals with support at 0.7830/40 on the way

Usd/Jpy This pair is still moving sideways, above 76.80/85 is to target our short term sell signals while below toward our short term buy signals, no real movement for this pair currenctly but good for scalping traders to gain quick money and maybe buy & forget for medium and long term traders.

Euro/Usd This pair is still on downtrend, below support at 1.4090 would extend weakness toward our short term buy signals, while a base above might target retracement at 1.4170/80, break is toward our other 2 short term sell signals

Gbp/Usd This pair is still on downtrend, low is at 1.6050/60, retracement at 1.6160/70, break is to 1.6250/60

Usd/Cad This pair is still on uptrend, retracement at 0.9860/70 break is to 0.9845/50 then 0.9830, while high is at 0.9950/60

Nzd/Usd This pair is on downtrend today targetting 0.8220/30, low resistance is at 0.8340/50, retracement at 0.8390/00 break is to 0.8440/50

Euro/Chf This pair is still on downtrend, retracement at 1.1200/10, break is to 1.1320 then 1.1450 would hold, while trend continuation is toward 1.0970/80 then possibly 1.0910/20

Gbp/Chf This pair is still on downtrend, retracement at 1.2770/80 break is to 1.2890/00 then 1.2990/00 would hold, while trend continuation is toward 1.2630/40 then possibly 1.2460/70

Euro/Gbp This pair is still on downtrend, retracement at 0.8770/80 break is to 0.8800/10, while low is at strong support 0.8670/80

Aud/Usd This pair is on downtrend today, retracement at 1.0590/00, break is to 1.0650/60, while on the downside targetting support at 1.0500/10, a base below would extend weakness toward 1.0480/90 then 1.0450/60

Euro/Jpy This pair is still on downtrend, low is at 108.10/20, a base below would extend weakness toward 107.80/90 then 107.60/65 while retracement at 108.90/00 break is toward 110.00/10

Gbp/Jpy This pair is still on downtrend, low is at 123.50/55, a base below would extend weakness toward 123.30/35 then 123.00/05, while retracement is at 124.20/30 break is toward 124.90/00 then possibly 125.30/40

Gold is still on uptrend, high is at 1914/15, above would more power the trend toward 1921/22 and possibly 1940, retracement at 1876 break is to 1832/33 and 1818/19 would hold

Oil is on downtrend today, retracement at 85.30 break is to 85.65/70 then toward 86.30/40 while low is at 81.30/40

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

  • US ISM Non-Manufacturing PMI: Buy Usd/Chf & Usd/Jpy if 53 or above while Buy Euro/Usd & Gbp/Usd if 49 or below

Have A Great Trading Day

153

Hello Traders,

Forex Signals & Analysis for 7th September 2011:

Short Term Signals:

Usd/Chf Buy 0.7905/10, sell 0.8980/85 then 0.9145/50

Usd/Jpy Buy 76.75/80 then 76.30/35 then 75.95/00, sell 78.10/15 then 78.35/40 then 79.00/05

Euro/Usd Buy 1.3855/60 then 1.3795/00, sell 1.4220/25 then 1.4345/50

Gbp/Usd Buy 1.5815/20 then 1.5760/65, sell 1.6155/60 then 1.6255/60

Medium Term Daily Analysis:

Usd/Chf This pair is on powerful uptrend start today after yesterday Swiss National Bank Intervention which main purpose was to set Euro/Chf pair above 1.2000, high support is at 0.8480, retracement is at 0.8310/20, break is to 0.8130/40, while on the upside to target our short term sell signals

Usd/Jpy This pair is basing on uptrend today, high support is at 77.50, retracement at 77.20/25 break is to 77.00/05 then toward 76.85, below here is to our short term buy signals and low is at 76.20/25, while on the upside to target our short term sell signals

Euro/Usd This pair is still on downtrend despite big spike helped by SNB Intervention but had big selling near yesterday retracement price level, low resistance is at 1.4020/30, retracement is at 1.4100 break is to 1.4270/80, while on the downside to target our short term buy signals

Gbp/Usd This pair is still on downtrend with same scenario had big selling exactly at yesterday retracement price level, low resistance is at 1.5970/80, retracement at 1.6040/50 break is to 1.6195/00

Usd/Cad this pair is still on uptrend, retracement at 0.9880, break is to 0.9845/50 then 0.9830/35, below here is toward 0.9810/15 then possibly 0.9760/65, high is at 0.9945/50 above here would more power the trend toward 0.9970/75 then 1.0000/10 then 1.0050/60. I am providing many options today for this pair because of important news release for the Cad Currency.

Nzd/Usd This pair is still on downtrend, retracement at 0.8310 break is to 0.8340/50 then possibly toward good resistance at 0.8390/00, while support at 0.8230 would turn to low resistance if price kept collapsing toward low at 0.8130/40

Euro/Chf This pair is on uptrend start today after SNB Pegging, high is at 1.2070/80, a base above here would more power the trend toward 1.2190/00, a base above might extend gains toward 1.2660/70, while high support is at 1.1940/50, retracement at 1.1710/20

Gbp/Chf This pair is on uptrend start today, high support is at 1.3690/00 break is toward 1.3540/50, retracement is at 1.3330/40, while kept basing above 1.3700 might extend gains toward 1.4360/65

Euro/Gbp This pair is still on downtrend despite successful breakout strategy but retraced later on opening today below retracement at 0.8780/85, break is toward 0.8810/20, above here is to 0.8835/40 and possibly 0.8860/65, while on the downside is to target 0.8715/20 then possibly 0.8685/90

Aud/Usd This pair is still on downtrend, low resistance at 1.0515/20, retracement at 1.0545/50 break is to 1.0590/00, while on the downside to target 1.0415/20 then 1.0390 and possibly toward 1.0300

Euro/Jpy This pair is still on downtrend despite spike effected by SNB Intervention and fear of Bank Of Japan doing the same soon, but retraced later on, retracement at 108.95/00, break is to 109.90/00, a base above 110.10 would change trend direction, while low is at 108.30/40

Gbp/Jpy This pair is still on downtrend & had same scenario as Euro/Jpy, low is at 123.40/50, retracement at 124.00/10 break is to 124.70/80 and possibly toward 125.30/40

Gold is still on uptrend, but might change this trend direction today if based below retracement at 1869/70 targetting 1840/41 then break would target 1820/21 confirming downtrend start if closed today daily candle around or below this price level, while trend continuation is to target high at 1914/15

Oil is stuck today bt. resistance at 86.70/80 break is to target 88.00/10 then 88.80/90 and possibly toward 91.00/05, and support at 86.00/05 break is toward 83.40/45 then low at 82.10/20

We have 2 Important News Reease today for the Cad Currency:

  • BOC Rate Statement: Buy Usd/Cad if rate is decreased to 0.75% from the current 1% while sell if increased to 1.25%, while if kept the same at 1% must look to BOC Statement if dovish or not

  • CAD IVEY PMI: Buy Usd/Cad if 44 or below while sell if 48 or above

*** I would also look closely to BOJ Statement( Monetary policy & Rate Decision) News release few hours from now, because an Intervention might occur or at least some high volatility might effect yen pairs so take crucial note of that.
On the other hand, wait for Chf pairs to hit high support price level or/& then retracement to buy if you hadnā€™t bought yesterday before SNB Intervention at low prices.

Have A Great Trading Day

154

Hello Traders,

Forex Signals & Analysis for 8th September 2011:

Short Term Signals:

Usd/Chf Buy 0.8515/20 then 0.8490/95 then 0.8440/45, sell 0.8635/40 then 0.8665/70 then 0.8705/10

Usd/Jpy Buy 76.80/85 then 76.65/70 then 76.25/30, sell 77.70/75 then 77.95/00 then 78.25/30

Gbp/Usd Buy 1.5900/05 then 1.5860/65 then 1.5800/05. sell 1.6065/70 then 1.6100/05 then 1.6165/70

Euro/Usd Buy 1.3975/80 then 1.3920/25 then 1.3850/55, sell 1.4190/95 then 1.4235/40 then 1.4320/25

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, high support is at 0.8540/50, break is to retracement at 0.8400/05, below is to target 0.8310/20, while on the upside to our short term sell signals

Usd/Jpy This pair is still on uptrend, retracement at 77.15/20, break is to 76.95/00 then 76.85, below might target low at 76.25/30, while would face resistance at 77.45/50, a base above would more power the trend toward our short term sell signals

Gbp/Usd This pair is still on downtrend, low is at 1.5940/50, retracement at 1.6030/40, break is to 1.6170/80

Euro/Usd This pair is still on downtrend, low is at 1.4020/30, retracement at 1.4110/20 break is to 1.4250/60

Usd/Cad This pair collpased from uptrend, today stuck bt. resistance at 0.9850/60 break is to 0.9900/10 then 0.9935/40 and possibly 0.9965/70, and support at 0.9820 break is to 0.9790/95 then 0.9775 then possibly toward 0.9720/25

Nzd/Usd This pair is still on downtrend, retracement at 0.8335/40, break is to 0.8410/20, a base above would change trend direction, while support at 0.8230 a base below is to target low at 0.8140/50

Euro/Chf This pair is still on uptrend, high is at 1.2130/40, break above would more power the trend targetting 1.2190/00, high support at 1.1930/40 break is to retracement at 1.1860/70

Gbp/Chf This pair is still on uptrend, high is at 1.3740/50, a base above would power the trend targetting 1.3770/75 then 1.3800/05 then toward 1.3845/50, high support at 1.3530/40, retracement at 1.3480/85

Euro/Gbp This pair would move sideways today, resistance at 0.8820 a base above would confirm uptrend start targetting 0.8845/50 then 0.8860/65 & possibly 0.8890/95, and support at 0.8800 break is to return to downtrend to 0.8770/80 then 0.8745/50 and possibly 0.8725/30

Aud/Usd This pair is on uptrend today, above retracement at 1.0620/30 break is to 1.0540/50, while kept a base above high support at 1.0640/45 would target 1.0740/45 then high at 1.0770/80

Euro/Jpy This pair is still on downtrend, retracement at 108.95/00, break is toward 109.70 then 110.00/10, while low is at 108.20/25

Gbp/Jpy This pair is still on downtrend, retracement at 123.75/80 break is to 124.45/50 then toward 125.25/30, while low is at 123.10/20

Oil is on uptrend after successful breakout strategy of yesterday resistance, retracement at 88.20/25 break is to 87.50/60 then 86.40/50, while high is at 90.95/00, a base above would more power the trend toward 92.20 then 93.15/20 and possibly 95.90/00

Gold is on downtrend today after changing trend direction as expected yesterday(read previous post), low resistance at 1820/21, retracement at 1839/40, break might target 1885/86, while on the downside toward 1765/66 then 1742/43

We have 3 Very Important News Releases today for the Sterling, Euro & Dollar Currencies:

  • BOE Interest Rate & MPC Statement: Buy Gbp/Usd if raised from current 0.50% to 0.75%(not expected to happen), while sell if decreased to 0.25% or/& Asset Purchasing Facility is increased to 225B, also must take close look at MPC Statement if number of votes would be kept as 9-0-0 for hold of current rate or a change of some members votes for hike might occur as 2 members changed from hike to hold in past meeting.

  • ECB Interest Rate & Trichet Press Conference: Buy Euro/Usd if raised to 1.75% from current 1.50%, while sell if decreased to 1.25%, also must listen to Trichet press conference that would mainly effect the Euro Currency. He might mention hints if rate hike might be possible at October ECB Rate Decision which would surely power the Euro while any mention of rates kept as current till 2012 or decreased would weaken the Euro fast.

  • Fed Chairman Ben Bernanke talks: Weā€™ll see what New News Ben Genius have for us today, but mainly focus would be kept till coming FOMC. Dollar was helped recently by SNB actions and the CHF no longer being a safe haven as the SNB is targetting with its actions, besides Euro Zone debt problems that is leading investors and traders to go back and buy again the dollar seeing it again as a safe haven currency,
    but maybe Bernanke would not like this situation as he had been weakening the dollar so far with his mad monetary policy that is looking to be right only in terms of the best bad had happened and nothing more bad would be seen at least for many months coming(as I expected in past month) because Ben Madness to keep rates low till Mid-2013 led the SNB to intervene(Wise decision by SNB that the Fed Chariman would never act like or even think ot care about doing the sameā€¦) and pegging the Euro/Chf above 1.20 which also weakned the Chf against most currencies and powered the Usd/Chf pair but ofcourse Ben Genius have no credibility for this result but the SNB as mentioned beforeā€¦

Have A Great Trading Day

155

Hello Traders,

Forex Signals & Analysis for 9th September 2011:

Short Term Signals:

Usd/Chf Buy 0.8580/85 then 0.8495/00 then 0.8425/30, sell 0.8850/55 then 0.8895/00 then 0.9020/25

Usd/Jpy Buy 77.10/15 then 76.90/95 then 76.75/80, sell 77.70/75 then 77.85/90 then 78.10/15

Gbp/Usd Buy 1.5855/60 then 1.5810/15 then 1.5715/20, sell 1.6090/95 then 1.6150/55 then 1.6225/30

Euro/Usd Buy 1.3770/75 then 1.3720/25, sell 1.4080/85 then 1.4175/80

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, high support at 0.8700/10, break is to retracement at 0.8570/80, break here is toward 0.8310/20, while on the upside is to target our short term sell signals

Usd/Jpy This pair is still on uptrend, high is at 77.60/65 above here would target our short term sell signals, while retracement at 77.30/40, break is to 77.05/10 then 76.90/95

Gbp/Usd This pair is still on downtrend, low is at 1.5890/00, retracement at 1.6000/10, break is to 1.6130/40

Euro/Usd This pair is still on downtrend, low resistance at 1.3905/15, break is to retracement at 1.3990/00 above here is to our short term sell signals while on the downside to target our short term buy signals

Usd/Cad This pair returned to uptrend basis, retracement at 0.9870/80, break is to 0.9835/45, while high is at 0.9940/50

Nzd/Usd This pair is still on downtrend, retracement at 0.8330, break is to 0.8400/10, a base above here would change trend direction, while support at 0.8230/40 break is toward low at 0.8140/50

Euro/Chf This pair is still on uptrend, high is at 1.2220, above here would more power the trend toward 1.2240/50 then 1.2300/10, retracement at 1.1990/00, break is to 1.1910/20

Gbp/Chf This pair is still on uptrend, high support at 1.3930 break is toward retracement at 1.3710/20 while a base above high support would more power the trend toward 1.4120/25

Euro/Gbp This pair decided to return to downtrend, low at 0.8660/70, retracement at 0.8740/50 break is toward 0.8775/85

Aud/Usd This pair is moving sideways again, resistance at 1.0625/30 break is to 1.0645/55 then toward 1.0695/00 while support at 1.0550 break is to 1.0525/30 then 1.0500/05

Euro/Jpy This pair is still on downtrend, low at 107.60 a base below is to extend weakness toward 106.85/90, while retracement at 108.20/30 break is to target 109.20/30

Gbp/Jpy This pair is still on downtrend, low is at 123.00/10, retracement is at 123.85/90 break is toward 124.30/40 above here would target 125.20/30 changing trend direction

Gold is moving sideways, support at 1857/58 break is to 1848/49 then toward 1829/30 below would extend weakness while high is at 1913/14

Oil is still on uptrend, retracement at 88.20 break is to 87.75/80 then toward 86.50/60, a base below would extend weakness while high is at 91.00/10

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

_ CAD Employment Change: Buy Usd/Cad if below 20 while sell if 30 or above

Have A Great Trading Day

156

Hello Traders,

Forex Signals & Analysis for 12th September 2011:

Short Term Signals:

Usd/chf Buy 0.8700/05 then 0.8640/45, sell 0.8920/25 then 0.8955/60 then 0.9055/60

Usd/Jpy Buy 77.00/05 then 76.70/75 then 76.35/40, sell 78.05/10 then 78.25/30 then 78.65/70

Euro/Usd Buy 1.3495/00 then 1.3425/30, sell 1.3920/25 then 1.4045/50

Gbp/Usd Buy 1.5795/00 then 1.5755/60 then 1.5670/75, sell 1.5995/00 then 1.6050/55

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, high support at 0.8850 break is to retracement at 0.8700/10, while on the upside to our short term sell signals

Usd/Jpy This pair is still on uptrend, retracement at 77.40 break is to 77.10/15 then 76.95/00 below is to the other 2 short term buy signals while resistance is at 77.65/70 above here would target our short term sell signals

Euro/Usd This pair is still on downtrend, low resistance at 1.3700/10, break is to retracement at 1.3790/00, while on the downside to target our short term buy signals.

Gbp/Usd This pair is still on downtrend, low is at 1.5800/05 break is to our short term buy signals while retracement at 1.5920/25 break is toward 1.6060/70

Usd/Cad This pair is still on uptrend, retracement at 0.9920/30 break is to 0.9860/70 while high is at 0.9980, a base above is toward 1.0020/25 then 1.0045/50 and possibly 1.0115/20

Nzd/Usd This pair is still on downtrend, low resistance at 0.8235/40, retracement at 0.8265/70 break is to 0.8335/40 then 0.8360/70, while low is at 0.8110/20

Euro/Chf This pair is still on uptrend, retracement at 1.2000/10 break(not expected due to SNB 1.2000 set price level but maybeā€¦) is to 1.1910/20, while high is at 1.2260/70

Gbp/Chf This pair is still on uptrend, retracement at 1.3860/70, while on the upside to target 1.4135/40 then 1.4180/85 if broke above resistance 1.4080/90

Euro/Gbp This pair is still on downtrend, low resistance at 0.8600, break is to retracement at 0.8655/60 break is to 0.8745/50, while on the donwside more weakness is toward 0.8535/40 then 0.8510/15

Aud/Usd This pair is on downtrend, low at 1.0320/30, retracement at 1.0500/10, break is to 1.0540, a base above is toward 1.0590/00

Euro/Jpy This pair is still on downtrend, low resistance at 106.20/30, break is to retracement at 106.70/80, a base above is toward 108.40/50 then 109.50/60(possible intervention), while on the downside is to target 104.40/45 then 103.65/70

Gbp/Jpy This pair is still on downtrend, low is at 122.45/50, break is to extend weakness toward 121.90/95 then 121.35/40, retracement at 123.20/30 break is to 123.90/00 and break is possibly toward 125.00/10

Oil is moving sideways but might confirm downtrend if kept basing below 86.35/40 targetting 84.60/65 then 83.45/50 then possibly toward 81.35/40 if broke below low at 82.00/10, while might target high at 90.65/70 if based above 87.50

Gold is still moving sideways, below support at 1854/55 is toward 1833/34 break is to target 1812 then 1792, while high is at 1913/14

Have A Great Trading Day

157

Hello Traders,

Forex Signals & Analysis for the 13th September 2011:

Short Term Signals:

Usd/Chf Buy 0.8735/40 then 0.8710/15 then 0.8625/30, sell 0.8915/20 then 0.8970/75 then 0.9010/15

Usd/Jpy Buy 76.60/65 then 76.30/35 then 75.90/95, sell 77.75/80 then 78.00/05 then 78.45/50

Euro/Usd Buy 1.3500/05 then 1.3420/25, sell 1.3775/80 then 1.3820/25 then 1.3945/50

Gbp/Usd Buy 1.5765/70 then 1.5725/30 then 1.5675/80, sell 1.5920/25 then 1.5950/55 then 1.6015/20

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, retracement at 0.8730/40 break is to our other 2 short term buy signals, while high is at 0.8920/30, above is toward the other short term sell signals & powering the uptrend

Usd/Jpy This pair is stuck today bt. resistance at 77.25 break is toward high at 77.65/70 above here is to our short term sell signals for this pair, and support at 77.15 break is to 76.95 then below here would target our short term buy signals with low at 76.20/30

Euro/Usd This pair is still on downtrend, but might had formed a reversal point at 1.3495/00 which was our first short term buy signal for yesterday with a nice hammer bullish daily candle closed, today low is at 1.3640/50 break is toward our short term buy signals while retracement is at 1.3750/60 break is toward 1.3990/00

Gbp/Usd This pair is still on downtrend, with same scenario, today low is at 1.5760/65, retracement at 1.5895/00 break is toward 1.6020/30

Usd/Cad This pair is still on uptrend but with a bearish daily candle closed would wait and see what would happen later on, retracement at 0.9920 break is toward 0.9860/70 while high is at 0.9975/80 above here is again to target 1.0020/25

Nzd/Usd this pair is still on downtrend with possible reversal appearing after hitting yesterday low price level(Good buy) and spiking up, but must break today retracement at 0.8250/55 to confirm a reversal targetting 0.8335/40, while low is at 0.8100/10

Euro/Chf This pair is still on uptrend, nearing SNB pegging price level at 1.2000 so start buying at current price or at today retracement 1.2010/20, break is to 1.1900/10, while high is at 1.2300/10

Gbp/Chf This pair is still on uptrend, retracement at 1.3880/90, high is at 1.4150/60

Euro/Gbp This pair is still on downtrend with possible reversal point being marked & a hammer bullish daily candle formed, low is at 0.8595/00 break is to 0.8530/35, retracement at 0.8645/50 break is toward 0.8725/30 then possibly 0.8750/60

Aud/Usd This pair still on downtrend, low at 1.0290/00 break is toward 1.0250/60 then 1.0215/20, while retracement at 1.0420/30 break is to target 1.0490 then 1.0525/30 and 1.0545/50 must hold

Euro/Jpy This pair is still on downtrend, might had formed a reversal point with also a bullish hammer daily candle formed, but must break about low resistance at 105.65 to target retracement at 106.15/20 for us to start talking of possible confirmation of reversal point, then targetting 107.90/00, above here is toward 109.30/40, while on the downside to target 103.95/00 then possibly 103.20/25

Gbp/Jpy This pair is still on downtrend, with same scenarion after hitting our yesterday lowest possible price level at 121.35/40(Good Buy), today low is at 122.10/15, a base below is toward 121.10/15 then possibly 120.50/55, while retracement at 122.75/80 break is to 123.60/70, above here would target 124.80/90

Oil is kept moving sideways, above 88.20 is toward high is at 91.10/20 while below is to 87.75/80 break is toward 86.55/60 then possibly to target 85.30/35

Gold is on downtrend today, below retracement at 1832/33, break is to 1848/49, above here is to 1863/64, while on the downside to target low at 1757 with support on the way as 1780 and 1764/65

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

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

*** As you traders realize that Euro pairs had formed a possible reversal, lets see if that would turn into confirmation today for them ride on the uptrend for the coming days of this week.
Besides, keep focus at Euro/Chf pair nearing SNB 1.2000 price level, buy from now or at today retracement price level because you are just now 30 to 40 pips far of 1.2000 which is a very small SL looking at 1.2000 would not be penetrated or if some traders liked to test the SNB will, going to test that level, it would be tested many many times before a possible penetration occur if it does occur later on and SNB would act too to such penetration, so you would have bought many times around 1.2000 price level if it satys long there as doing currently around the 1.2030/40 price

Also, BOJ might have a word due to yen pairs currently at historic low prices, and also an intervention by SNB would help yen pairs directly boost upward especially Euro/Jpy because SNB would mainly be buying Euro to boost Euro againt the Chf Currency.

Have A Great Trading Day

158

Hi Traders,

Forex Signals & Analysis for the 14th September 2011:

Short Term Signals:

Usd/Chf Buy 0.8725/30 then 0.8680/85 then 0.8625/30, sell 0.8890/95 then 0.8930/35 then 0.8985/90

Usd/Jpy Buy 76.65/70 tahen 76.50/55 then 76.25/30, sell 77.25/30 then 77.40/45 then 77.60/65

Euro/Usd Buy 1.3540/45 then 1.3475/00, sell 1.3785/90 then 1.3835/40 then 1.3935/40

Gbp/Usd Buy 1.5715/20 then 1.5690/95 then 1.5625/30, sell 1.5865/70 then 1.5905/10 then 1.5950/55

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, retracement at 0.8760/65, break is to 0.8480/90, while high is at 0.9000

Usd/Jpy This pair is on downtrend basis today but Generally moving sideways, low is at 76.20/30, above 76.95/00 is to target 77.10/15, above is toward high at 77.60/70

Euro/Usd This pair is still on downtrend, low is at 1.3570/80, retracement at 1.3720/30, break is to target 1.3920/30

Gbp/Usd This pair is still on downtrend, low is at 1.5690/00, retracement at 1.5835/40, break is to 1.5965/70

Usd/Cad This pair is on downtrend basis today after past 2 days big bearish candles, below 0.9880/90 targetting 0.9790/95 then 0.9765/70 then 0.9680/85, while above would target high at 0.9970/80

Nzd/Usd This pair is still on downtrend, low is at 0.8090/00, retracement 0.8235/40, break is toward 0.8300/10 then 0.8335/40 must hold

Euro/Chf This pair is still on uptrend, retracement is at 1.2020/25, break is to 1.1900/05, while high is at 1.2350/60

Gbp/Chf This pair is still on uptrend, retracement at 1.3870/80, break is to 1.3550/60 while high is at 1.4210/20

Euro/Gbp This pair is trying ot break upward, retracement at 0.8660/65 a base above is to target 0.8710/20 then 0.8750/60, while low is at 0.8590//0

Aud/Usd This pair is still on downtrend, low is at 1.0250/60, retracement at 1.0370/80 break is to 1.0470/80

Euro/Jpy This pair is still on downtrend, low is at 104.95/00, break is toward 104.25/30 then possibly 103.80/85, while retracement is at 105.70/80 break is to 107.40/50

Gbp/Jpy This pair is still on downtrend, low is at 121.30/35, break is toward 120.75/80 then possibly 120.45/50, retracement is at 122.00/10 break is to target 123.20/25 then possibly toward 124.50/60

Oil is still moving sideways with uptrend basis, targetting high at 91.60/70 break would power an uptrend toward 92.10/15, while retracement at 88.95/00 break is to 87.95/00 then 86.70/75, below here would change trend direction

Gold is still on downtrend, below retracement at 1835 break is to 1851 above would change trend direction toward 1860/61 then 1873/74, while kept below would target 1793/94 then 1774/75 and possibly 1754/55

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

  • US Core Retail Sales: Buy Usd/Chf & Usd/Jpy if 0.4 or above while Buy Euro/Usd & Gbp/Usd if 0% or below

***The risk aversion game is still played with powerful yen and dollar currencies while CHf had been removed of named safe haven currency after SNB previous action.
What is now happening is yen is still powerful but the other play is occuring bt. the Dollar and Euro whihc would take the powerful side with the yen.
Besides, as the yen is lessening power from time to time the money is going again to the Chf and this is giving some breath for yen pairs making them retrace from current historic lows with the help of Euro/Usd recovery after had hit possible reversal price level at 1.3490/00.
Euro currently powering or at least back to normal or sideways movement due to talks of China buying Italian bonds, besides Sarkozy & Merkel possible statement that might anounce the support for Greece and refusing the idea of Greece quiting from the Euro-Zone.
Take close focus at Euro/Chf nearing the SNB pegging 1.2000 price level so a Buy would be a Great opportunity.

Have A Great Trading Day

159

Hello Traders,

Forex Signals & Analysis for 15th September 2011:

Short Term Signals:

Usd/Chf Buy 0.8685/90 then 0.8650/55 then 0.8580/85, sell 0.8855/60 then 0.8905/10 then 0.8955/60

Usd/Jpy Buy 76.35/40 then 76.25/30 then 75.95/00, sell 77.00/05 then 77.20/25 then 77.35/40

Euro/Usd Buy 1.3590/95 then 1.3515/20 then 1.3440/45, se;; 1.3855/60 then 1.3900/05 then 1.4020/25

Gbp/Usd Buy 1.5690 then 1.5650/55 then 1.5600/05, sell 1.5835/40 then 1.5870/75 then 1.5925/30

Medium Term Daily Analysis:

Usd/Chf This pair is stil on uptrend, retracement at 0.8750/55, break is to 0.8560/70, while high is at 0.9050/60

Usd/Jpy This pair is still on downtrend basis with an overall sideways movement, below retracement at 76.90/95, break is to 77.10/15, above is to target 77.60/70, while low is at 76.20/30

Euro/Usd This pair is still on downtrend, low is at 1.3530/40, retracement at 1.3730, break is to 1.3870/80, above is toward our other 2 short term sell signals

Gbp/Usd This pair is still on downtrend, low is at 1.5640/50, retracement is at 1.5800, break is to 1.5920/30

Usd/Cad This pair reversed from a possible downtrend start opening above today, above 0.9900 to target 0.9975/85 break is possibly to target 1.0030/40, while below 0.9890 is toward 0.9860/65 then 0.9820/30

Nzd/Usd This pair is still on downtrend, low is at 0.8080/90, retracement is at 0.8235/45 break is to 0.8270/75 then 0.8320/25

Euro/Chf This pair is still on uptrend, yesterday was good opportunity to buy at retracement 1.2020/25, despite market price didnā€™t move a lot upward afterward but good price to hold a buy order at before today very important Chf News Release, today retracement is at 1.2030/35, break is to 1.1880/90 if broke below 1.2000 first, while high is at 1.2390/00

Gbp/Chf This pair is still on uptrend, but stuck today bt. resistance at 1.3840/50 break is toward 1.4250/60, and support at 1.3630/40 break is to 1.3500/05

Euro/Gbp This pair kept retracing upward, holding today above 0.8700/10 targetting 0.8755/60 above would target 0.8780/85 above here is possibly to taregt 0.8835/40

Aud/Usd This pair is still on downtrend, low is at 1.0210/20, below would extend weakness to 1.0140/50 then possibly toward 1.0080/90, while retracement at 1.0310/20 break is to 1.0450/60

Euro/Jpy This pair is still on downtrend, with 3 previous days hammer daily candles closing, breakout to the upside might be in the picture, low is at 104.40/50, break is toward 104.10/15 then possibly 103.70/80, retracement at 105.50/60, break is to 107.00/05 then possibly toward 108.80/90

Gbp/Jpy This pair is still on downtrend, low is at 120.70, a base below would extend 120.30/35 then 120.10/15 and possibly 119.55/60, while retracement at 121.45/50 break is to 122.75/80 then possibly toward 124.20/25

Gold is still on downtrend, retracement at 1826/27 break is toward 1834/35 then 1848/49, above here would change trend direction targetting 1860 then possibly toward 1875/76, while on the downside is toward 1797/98 then 1788 then possibly to target 1767/68

Oil is still moving sideways with uptrend basis, retracement at 88.30 break is to 87.80/85 then 86.90/00, below would target 85.65/70, while kept basing above retracement would target 91.15/20 then toward 91.85/90

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

  • UK Retail Sales: Buy Gbp/Usd if 0.2% or above while sell if 0.4% or below

  • US Core CPI: Buy Usd/Chf & Usd/Jpy if 0.4% or above while Buy Euro/Usd & Gbp/Usd if 0% or below

***Thereā€™s a very crucial news release today for the Chf Currency, SNB would be announcing its Monetary policy besides rate decision. Further measurements to more weaken the Chf might be seen which must result in high volatility movements for the Chf pairs especially the Euro/Chf pair that had been moving with low volatility from many past days till now waiting for this crucial day that might also see a New Intervention by SNB after pegging the Euro/Chf above 1.2000 but this price level is overvaluing the Chf Currency and SNB would not be happy for thatā€¦this pair holding a lot near the 1.2000 price level with a clear decision by traders to test SNB readiness if reached near this level or especially if broke below
On the other hand, The Euro Currency had been powering after hitting reversal price level at 1.3490/00 but still not making the additional step to the upward and SNB action would surely help Euro/Usd and Euro pairs in General break toward & base on uptrend, while the Dollar Currency is doing the opposite by weakening, so it would be interesting to see what would be seen next if same scenario resulting in a breakout for Euro or again collapsing downward.
My opinion is that Euro/Usd had reached current price level that is not expected to break below till end of year as many Big Banking Investment firms as the Goldman Sachs had expected from past months Euro/Usd being in the range of 1.36 to 1.38 at end of this year. So it might be somehow hard for Euro to weaken more than current levels unless ofcoure some big news about debt problems keep hitting the Euro-Zone and in front is the Greece debt problem, with no clear decision by the Euro leaders to solve it and prevent Greece from quiting the Euro-Zone, despite that I personally see it better for the ECB to ā€œlet goā€ Greece especially that a good % of Euro-Zone GDP deficit is affected by Greece Debt Problems from many months till now.

Have A Great Trading Day

160

niceā€¦thanks for signalā€¦:slight_smile:

161

Hello Traders,

Forex Signals & Analysis for 16th September 2011:

Short Term Signals:

Usd/Chf Buy 0.8600/05 then 0.8560/65 then 0.8475/80, sell 0.8805/10 then 0.8860/65 then 0.8925/30

Usd/Jpy Buy 76.35/40 then 76.20/25 then 75.90/95, sell 77.10/15 then 77.30/35 then 77.55/60

Euro/Usd Buy 1.3690/95 then 1.3600/05, sell 1.4010/15 then 1.4070/75 then 1.4205/10

Gbp/Usd Buy 1.5700/05 then 1.5560/65 then 1.5590/95, sell 1.5890/95 then 1.5935/40 then 1.6005/10

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend but squeezed today bt. resistance at 0.8720/25 break is toward our short term sell signals, and support at 0.8635/40 break is to our short term buy signals

Usd/Jpy This pair is still on downtrend, low is at 76.30, retracement at 76.85 break is to 76.95/00 then 77.10/15, above here would target high at 77.60/65

Euro/Usd This pair is trying to base on uptrend today, above 1.3850/55 to target our short term sell signals and high is at 1.4120/30, while below is to target 1.3810, a base below would take this pair back to downtrend.

Gbp/Usd This pair is still on downtrend, retracement at 1.5805/10 break is to 1.5890/00, a base above here would set this pair on uptrend, while low is at 1.5610/20

Usd/Cad This pair is back on downtrend with an overall sideways movement, below retracement at 0.9870/80 and low resistance at 0.9855/60, targetting 0.9775/80 then 0.9750/55, while a break of retracement would target 0.9940/45 then 0.9990/95

Nzd/Usd This pair is still on downtrend, but squeezed today bt. support at 0.8220/25 break is to low at 0.8100/10, and resistance at 0.8255/60 break is to 0.8320/30

Euro/Chf This pair is still on uptrend after staying again above retracement, today retracement is at 1.2050/55, break is to 1.1970/75 if broke below 1.2000 first, while on the upside to target 1.2100/05 then 1.2120 and possibly 1.2145/50

Gbp/Chf This pair is still on uptrend but squeezed today bt. resistance at 1.3790/00 break is to 1.3865/70 then 1.3925/30 and possibly 1.3985/90, and support at 1.3720/25 break is to 1.3645/50 then 1.3605/10

Euro/Gbp This pair is on uptrend from yesterday, above retracement at 0.8735/40, break is to 0.8715/20, below would change trend direction toward 0.8695/00 then possibly 0.8660, while on the upside to target 0.8800/05, above here is toward 0.8825/30 then 0.8845/50 and possibly 0.8905/10

Aud/Usd This pair is still on downtrend, but might change this view with a hammer bullish daily candle closed yesterday, retracement at 1.0330/40, break is to 1.0430/40, while low is at 1.0225/30

Euro/Jpy This pair is trying to break to the upside, squeezed today bt. resistance at 106.85/90, a base above here would change trend direction to target 107.50/55 then 108.05/10 and possibly 108.70, and support at 106.00/10 break is to target 104.90/95

Gbp/Jpy This pair is stil on downtrend, retracement at 121.45/50 break is to 122.45/50, above here would change trend direction to target 123.20/25 then possibly 123.95/00

Gold is still on downtrend, retracement at low at 1752/53, below would extend weakness toward 1741/42 then possibly 1711/12, retracement at 1805/06, break is to 1830/31 then 1836/37

Oil is still moving sideways with uptrend basis, retracement at 88.95 break is to 88.10/15 then possibly 87.30/40, while high is at 91.10/20 with resistance at 90.55/60 on the way

***I expected SNB to take action to power the Euro/Chf meaning buying & powering the Euro Currency but after SNB reassured that rates would be kept low and action is ready to be taken at 1.2000 or ā€œaboveā€(take note about this important word by SNB), the action came as joint intervention from ECB, Fed, BOE, BOJ, & SNB by offering EuroZone banks loans till end of this year that resulted in powering the Euro Currency and Euro/Usd spiking upward 200 pips.

I always try to write hints for traders when any possible important market move might occur and what I said yesterday came quickly to reality about Euro/Usd had set reversal price level at 1.3490/00 looking for more upward movement for Euro pairsā€¦and this price would be hard to get penetrate because many expactations(as by Goldman Sachs) for Euro/Usd bt. 1.36 & 1.38 by end of year and the ECB joint action with other Central Banks being valid till end of year proved these talks or expectations.

*You are welcome here ā€œcrashgttiā€

Have A Great Trading Day

162

Hi,
Very good signals and nice background information. Keep up the good work. Very appreciated. Thank you.

163

Hello Traders,

Forex Signals & Analysis for 19th September 2011:

Short Term Signals:

Usd/Chf Buy at 0.8680/85 then 0.8645/50 then 0.8605/10, sell at 0.8825/30 then 0.8880/85

Usd/Jpy Buy at 76.55/60 then 76.45/50 then 76.30/35, sell at 77.00/05 then 77.10/15 then 77.25/30

Euro/Usd Buy at 1.3660/65 then 1.3590/95, sell at 1.3900/05 then 1.3950/55

Gbp/Usd Buy at 1.5615/20 then 1.5690/95 then 1.5640/45, sell at 1.5855/60 then 1.5885/90 then 1.5930/35

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, retracement at 0.8760, break is to 0.8730/40, below is to our short term buy signals, while kept basing above retracement is toward our short term sell signals

Usd/Jpy This pair is squeezed today bt. support at 76.85 break is to our short term buy signals & low at 76.30/35, and resistance at 77.00 break is to 77.10/15, a base above is to target high price level at 77.60/65 if broke above 77.25/30

Euro/Usd This pair is still on downtrend, retracement at 1.3740/50, break is to 1.3800/10, a base above would change tren direction, while on the downside toward our short term buy signals.

Gbp/Usd This pair is still on downtrend, retracement at 1.5775/80, break is to 1.5845/50, above would change trend direction toward our short term sell signals

Usd/Cad This pair is still on downtrend, retracement at 0.9840/50, break is to 0.9865/70, a base above would change trend direction targetting 0.9890 then 0.9915/20, while low is at 0.9735/40

Nzd/Usd This pair is still on downtrend, retracement at 0.8250/60, break is to 0.8330/40 then possibly 0.8400/10, hile kept below retracement might target low at 0.8110/20 with support in the way as 0.8185/90 and 0.8140/45

Euro/Chf This pair is still on uptrend, retracement at 1.2055/60, break is toward 1.2045/50 then 1.2030/35 then 1.2010/15, while on the upside to taregt 1.2105/10 then 1.2120 then 1.2140/45

Gbp/Chf This pair is still on uptrend, retracement at 1.3830/40, break is to 1.3715/20, while a base above retracement might target 1.3900/05 then 1.3940/45

Euro/Gbp This pair reversed to downtrend, below retracement at 0.8710/15 targetting low at 0.8610/20 while above would target 0.8750/60, break is to 0.8800/05

Aud/Usd This pair is still on downtrend, retracement at 1.0320/30, break is to 1.0410/20, while low is at 1.0210/20

Euro/Jpy This pair failed to base on uptrend and kept on downtrend, retracement at 105.65/70, break is to 106.45/50, above is toward 108.40/50, while low is at 103.90/00

Gbp/Jpy This pair is still on downtrend, retracement at 121.30/40, break is to 122.20/30, then toward 123.70/80, low is at 120.00/10

Gold is squeezed today bt. support at 1812/13, break is to 1762/63 and low price level is at 1757/58, and resistance at 1830/31, break is toward 1843 then 1857/58

Oil is on downtrend basis today, retracement at 88.05/10, break is to 88.35/40, above is toward 89.95/00, while on the downisde to target 86.20/25 then 85.40/45

*Thank you for your kind compliment ā€œtgdkere2ā€. Hopefully, all traders would always gain daily money from my posts information.

Have A Great Trading Day

164

Hello

Nice signals thank you! Today I opted for USD/CAD long (+48 pips). NZD/USD short (+24 pips). GBP/CHF long (+40 pips). Total +112 pips. (You were 2 pips out on your USD/CAD target, but I will let you off this once).

Thanks again, keep up the good work!
Dave

165

*Congratulations ā€œagent007ukā€, really happy for you and all traders who gain money from my signals & anaylsis.
For traders who didnā€™t understand what you meant by ā€œ2 pips out on your Usd/Cadā€, he meant Usd/Cad targetted yesterday 0.9922 while I expected it at 0.9915/20(2 pips difference), good joke fellowā€¦ Despite it must had been more than 48 pips gain because the breakout stratgey strategy started from retracement at 0.9850 but the 48 number is not badā€¦lol
I hope all traders using my posts information to post their results whatever they are, for all to share their views and how they trade my signals & analysis. For next times, most importantly posting your entries & exists so all traders understand how my forex stratgies work, & I try to help by improving your entries and exists understanding.
As you know, I canā€™t daily post the previous day great results due to lack of time, but try to add some hints from time to time, for example other pairs great results are Buy Euro/Jpy at low 103.90/00 around 100 pips gain, Euro/Usd buy at 1.3595/00 also around 100 pips, Gbp/Usd Buy at 1.5640/45 around 60 pips, Usd/Jpy breakout strategy from 76.85 sell toward low at 76.30/35 then bought here for around 30 pips till now and you can hold this order or take profit and buy again at today low price or then short term buy signalsā€¦

Enjoy your days traders

166

Hello Traders,

Forex Signals & Analysis for 20th September 2011:

Short Term Signals:

Usd/Chf Buy at 0.8765/70 then 0.8745/50 then 0.8700/05, sell at 0.8880/85 then 0.8910/15 then 0.8945/50

Usd/Jpy Buy at 76.15/20 then 75.95/00 then 75.60/65, sell at 77.05/10 then 77.25/30 then 77.55/60

Euro/Usd Buy at 1.3575/80 then 1.3525/30 then 1.3470/75, sell at 1.3760/65 then 1.3795/00 then 1.3875/00

Gbp/Usd Buy at 1.5610/15 then 1.5570/75 then 1.5510/15, sell 1.5780/85 then 1.5820/25 then 1.5880/85

Medium Term Daily Analysis:

Usd/Chf This pair is still on uptrend, retracement at 0.8790, break is to 0.8760/65, below is to the other 2 short term buy signals, while on the upside is toward our short term sell signals

Usd/Jpy This pair is still on downtrend, had hit yesterday low at 76.30/35(Good buy) after a successful breakout strategy started from yesterday support at 76.85, today retracement at 76.70, break is to good resistance at 76.95/00, above here is toward our short term sell signals, while low is at 76.25/30, below would extend weakness to our short term buy signals

Euro/Usd This pair is still on downtrend, retracement at 1.3715/20, break is to 1.3770/80, a base above would change trend direction to our short term sell signals, while on the downside is to target our short term buy signals.

Gbp/Usd This pair is still on downtrend, low is at 1.5550/55, retracement at 1.5735/40, break is to 1.5820/25, above would chnage trend direction toward 1.5880/90

Usd/Cad This pair reversed, basing on uptrend today with an overall sideways movement, retracement at 0.9875/80 break is to 0.9850/55, below is toward 0.9800/10, while on the upside is toward high at 0.9965/70

Nzd/Usd This pair is still on downtrend, low at 0.8100/10, retracement at 0.8250/60, break is to 0.8320/30

Euro/Chf This pair is still on uptrend, retracement at 1.2055, break is toward 1.2040/45 then 1.2030/35 then 1.2015/20, while on the upside is toward 1.2085/90 then 1.2095/00 and possibly 1.2110/15

Gbp/Chf This pair is still on uptrend, retracement at 1.3830 break is to 1.3790/95 then 1.3765/70, while on the upside is toward 1.3925/30 then 1.3965/70

Euro/Gbp This pair is still on downtrend, low is at 0.8600/10, retracement at 0.8710/20, break is toward 0.8755/60 and possibly to 0.8795/00

Aud/Usd This pair is still on downtrend, low is at 1.0145/50, break is toward 1.0125/30 then 1.0085/90 and possibly 1.0000/10, while retracement at 1.0250/55, break is to 1.0370/75

Euro/Jpy This pair is still on downtrend, low is at 103.20/30, retracement at 105.00/10, break is to 106.00

Gbp/Jpy This pair is still on downtrend, low at 119.40/50, retracement at 120.60/70, break is to 121.70/80

Gold is on downtrend, retracement at 1793/94, break is to 1816/17 then 1823/24, while low is at 1747/48

Oil is on downtrend, retracement at 86.80 break is to 87.35/40 then 88.10/20, while low is at 83.80/85

***The market was not expected to have a high volatility as happened yesterday due to no news releases, but it seem that traders are more volatile than the markets and getting over hyperā€¦lol watching forex tvs as CNBC, Bloombergā€¦ that I believe they are playing a somehow important role in market movements by focusing at some news and repeating, repeating it all day & night.
You all remember how much they kept focusing at the US Debt, QEā€¦, & the dollar kept weakening, recently they had been focusing at the EuroZone debt problems especially at Greece, but for God Sake donā€™t we all know from many months about EuroZone debt problems especially Greece, even if it got financial help by the ECB but real traders knew well that Euro/Usd around 1.4500 would not last because debt problems would still be seen from a Eurozone country to other country.
And, I informed you traders at that time that Euro/Usd & Gbp/Usd destiny is downtrend at least for the medium term. But Honestly this huge weakness toward 1.3500 was not expected and really nonsense(1000pips in no time), but this prove how much market momentum is crucial, and when the rythym start all would ride the trend and Forex Tvā€™s would add the Oil to the Fire to complete the film.
The market yesterday rally and maybe would continue today wasnā€™t expected(as this strong) because we have tommorow a very important news release which is the FOMC Statement and Bernanke possibly announcing QE3 or not. So as I mentioned in past posts that sometimes the market act defensively before going forward to lessen the spike movement later on, such action occur for all pairs & had happened to Euro/Usd & Gbp/Usd always powering after retracement to high level for nonsense reasons but all that was to lessen the big fall time, then the funny part is that the big fall came fast in no time for no real reason as I mentioned previously because we all knew those Euro debt problems & UK possible cut of rates and even in a previous 2 month MPC Meeting and after votes for hike had become at 0(members) the Gbp/Usd collapsed 100 pips and then spiked 200 to 300 pips at same then second day as I well remember and focused at this point in that dae post.
Conclusion, look at the market momentum and trade accordingly, and not hard to find it but just follow my daily analysis looking at start of trend to follow the journeyā€¦

Have A Great Trading Day