Messages

1

Forex Market: News/ Trend/ Technical Analysis / Trade Idea Update: USD/CHF ? Sell at 0.9130

« on: March 17, 2011, 05:02:50 am »

Trade Idea Update: USD/CHF ? Sell at 0.9130

<p>As the greenback has remained confined within near term established range, suggesting further sideways trading would take place and retracement to the Kijun-Sen (now at 0.9057) is likely, above would bring correction to 0.9085 (50% Fibonacci retracement of 0.9316 to 0.8853) but price should falter well below previous support at<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/XYzygHFP29s" height="1" width="1"/>

Source: Trade Idea Update: USD/CHF ? Sell at 0.9130

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Forex Market: News/ Trend/ Technical Analysis / Trade Idea Wrap-up: EUR/USD ? Stand aside

« on: March 16, 2011, 11:01:08 pm »

Trade Idea Wrap-up: EUR/USD ? Stand aside

<p>As the single currency has slipped again after intra-day brief rebound, suggesting further consolidation below yesterday?s high at 1.4013 would take place and weakness to the Ichimoku cloud bottom (now at 1.3878) cannot be ruled out, however, break there is needed to signal the rebound from 1.3752 (last week?s low)<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/LYX4iNUrY9c" height="1" width="1"/>

Source: Trade Idea Wrap-up: EUR/USD ? Stand aside

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Forex Market: News/ Trend/ Technical Analysis / Trade Idea Wrap-up: GBP/USD ? Sell at 1.6170

« on: March 16, 2011, 05:01:20 pm »

Trade Idea Wrap-up: GBP/USD ? Sell at 1.6170

<p>Although the British pound has retreated after intra-day rebound to 1.6132, break of strong support area at 1.5977-78 is needed to signal the decline from 1.6344 top has resumed, bring a stronger retracement of early upmove to 1.5950 and possibly towards 1.5900, otherwise, further choppy trading within 1.5977-1.6200 would take<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/o3-hTRd0wSA" height="1" width="1"/>

Source: Trade Idea Wrap-up: GBP/USD ? Sell at 1.6170

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Forex Market: News/ Trend/ Technical Analysis / Trade Idea Wrap-up: USD/CHF ? Buy at 0.9100

« on: March 16, 2011, 11:08:13 am »

Trade Idea Wrap-up: USD/CHF ? Buy at 0.9100

<p>As the greenback has fallen after intra-day rebound to 0.9198 and recent downtrend may extend weakness towards 0.9100, loss of near term downward momentum should prevent sharp fall below there and reckon 0.9083 (50% projection of 0.9776-0.9202 measuring from 0.9370) would hold from here, bring rebound later. Above said intra-day<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/7gRGGTKoYaI" height="1" width="1"/>

Source: Trade Idea Wrap-up: USD/CHF ? Buy at 0.9100

5

Forex Market: News/ Trend/ Technical Analysis / Trade Idea Update: USD/CHF ? Sell at 0.9245

« on: March 16, 2011, 05:00:09 am »

Trade Idea Update: USD/CHF ? Sell at 0.9245

<p>Dollar?s near term sideways trading after yesterday?s selloff to 0.9140 is expected to continue and although near term upside risk is seen for retracement of recent fall to 0.9220, the Ichimoku cloud bottom (now at 0.9250) should limit upside and attract renewed selling interest, bring another decline later. A break<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/HnesB1NDRZg" height="1" width="1"/>

Source: Trade Idea Update: USD/CHF ? Sell at 0.9245

6

Forex Market: News/ Trend/ Technical Analysis / Trade Idea Wrap-up: EUR/USD ? Stand aside

« on: March 15, 2011, 11:02:01 pm »

Trade Idea Wrap-up: EUR/USD ? Stand aside

<p>Despite intra-day cross-inspired selloff to 1.3855, as euro failed to close below the Ichimoku cloud bottom on hourly basis and has rebounded, suggesting further consolidation would take place, however, only break of resistance at 1.4003 would revive our bullishness and signal upmove has resumed for retest of recent high at<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/fYOK2FI8dk4" height="1" width="1"/>

Source: Trade Idea Wrap-up: EUR/USD ? Stand aside

7

Forex Market: News/ Trend/ Technical Analysis / Trade Idea Wrap-up: GBP/USD ? Stand aside

« on: March 15, 2011, 05:08:05 pm »

Trade Idea Wrap-up: GBP/USD ? Stand aside

<p>Despite intra-day cross-inspired selloff to 1.5978, as the British pound has rebounded after holding above last week?s low at 1.35977, suggesting further consolidation would take place in U.S. session and test of the Kijun-Sen (now at 1.6089) cannot be ruled out, however, only break of minor resistance at 1.6138-40 would<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/aktrrQTmOag" height="1" width="1"/>

Source: Trade Idea Wrap-up: GBP/USD ? Stand aside

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Forex Market: News/ Trend/ Technical Analysis / Trade Idea Wrap-up: USD/CHF ? Stand aside

« on: March 15, 2011, 11:05:52 am »

Trade Idea Wrap-up: USD/CHF ? Stand aside

<p>Although the greenback extended recent downtrend to an intra-day low of 0.9164, as price has rebounded from there on short-covering ahead of FOMC meeting result, suggesting consolidation above this support would take place and retracement to the Tenkan-Sen (now at 0.9204) and the Kijun-Sen (now at 0.9216) is likely, however,<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/DFJBSSRFtXU" height="1" width="1"/>

Source: Trade Idea Wrap-up: USD/CHF ? Stand aside

9

Forex Market: News/ Trend/ Technical Analysis / Trade Idea Update: EUR/USD ? Stand aside

« on: March 15, 2011, 05:01:11 am »

Trade Idea Update: EUR/USD ? Stand aside

<p>Euro?s retreat from 1.4003 turned out to be stronger than expected on risk aversion, suggesting the rebound from 1.3752 has ended at 1.4003 and consolidation with mild downside bias is seen for weakness to 1.3840, however, break of 1.3800 is needed to turn outlook bearish for early decline from 1.4036<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/cI8y36QgkOU" height="1" width="1"/>

Source: Trade Idea Update: EUR/USD ? Stand aside

10

Forex Market: News/ Trend/ Technical Analysis / Trade Idea Wrap-up: EUR/USD ? Buy at 1.3865

« on: March 14, 2011, 11:01:47 pm »

Trade Idea Wrap-up: EUR/USD ? Buy at 1.3865

<p>Despite intra-day marginal rise to 1.3981, lack of follow through buying on the break of 1.3979 suggests consolidation would be seen and another retreat to intra-day support at 1.3905 cannot be ruled out, however, downside should be limited to the Ichimoku cloud top (now at 1.3847), bring another rise later.<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/iC6qAZDOlFQ" height="1" width="1"/>

Source: Trade Idea Wrap-up: EUR/USD ? Buy at 1.3865

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Forex Market: News/ Trend/ Technical Analysis / Trade Idea Wrap-up: GBP/USD ? Buy at 1.6060

« on: March 14, 2011, 05:03:05 pm »

Trade Idea Wrap-up: GBP/USD ? Buy at 1.6060

<p>As the British pound found renewed buying interest at 1.6028 and rallied in European and U.S. sessions, bullishness remains for the rebound from last week?s low at 1.5977 to bring at least a stronger retracement of last week?s selloff to 1.6160 (50% Fibonacci retracement of 1.6342 to 1.5977) and possibly<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/o_cNhMY_YOU" height="1" width="1"/>

Source: Trade Idea Wrap-up: GBP/USD ? Buy at 1.6060

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Forex Market: News/ Trend/ Technical Analysis / Trade Idea Wrap-up: USD/CHF ? Sell at 0.9330

« on: March 14, 2011, 11:01:26 am »

Trade Idea Wrap-up: USD/CHF ? Sell at 0.9330

<p>Although the greenback has remained under pressure and the fall from last week?s high at 0.9370 may extend weakness to indicated support at 0.9224, break there is needed to add credence to our view that the correction from 0.9202 low has indeed ended at 0.9370 and bring resumption of early<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/35c1j_TaBtw" height="1" width="1"/>

Source: Trade Idea Wrap-up: USD/CHF ? Sell at 0.9330

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Forex Market: News/ Trend/ Technical Analysis / Trade Idea Update: USD/CHF ? Sell at 0.9335

« on: March 14, 2011, 05:13:16 am »

Trade Idea Update: USD/CHF ? Sell at 0.9335

<p>Although the greenback has retreated after intra-day rebound to 0.9316, break of today?s low at 0.9258 is needed to signal the fall from 0.9370 top has resumed and add credence to our view that entire correction from 0.9202 has ended there, bring further fall to next support at 0.9224. Looking<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/u0J7xD8m-MY" height="1" width="1"/>

Source: Trade Idea Update: USD/CHF ? Sell at 0.9335

14

Forex Market: News/ Trend/ Technical Analysis / Trade Idea Update: USD/JPY ? Sell at 83.10

« on: March 13, 2011, 11:02:30 pm »

Trade Idea Update: USD/JPY ? Sell at 83.10

<p>Despite intra-day brief rise to 83.30, as the greenback quickly slipped from there, suggesting a temporary top has possibly been formed and consolidation with downside bias is seen, break of support at 82.58 would add credence to this view and then further fall to 82.10/20 would be seen. Looking ahead,<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/iBRzBXc0dro" height="1" width="1"/>

Source: Trade Idea Update: USD/JPY ? Sell at 83.10

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Forex Market: News/ Trend/ Technical Analysis / Trade Idea Update: EUR/USD ? Sell at 1.3900

« on: March 13, 2011, 05:08:34 pm »

Trade Idea Update: EUR/USD ? Sell at 1.3900

<p>As the single currency has recovered after falling to 1.3775 yesterday, suggesting consolidation would take place and retracement to previous support at 1.3855 is likely, however, upside should be limited to the Ichimoku cloud bottom (now at 1.3869) and renewed selling interest should emerge around the upper Kumo (now at<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/vn3JjFnzfEc" height="1" width="1"/>

Source: Trade Idea Update: EUR/USD ? Sell at 1.3900

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Forex Market: News/ Trend/ Technical Analysis / Trade Idea Update: GBP/USD ? Sell at 1.6080 or buy at 1.5970

« on: March 13, 2011, 11:06:01 am »

Trade Idea Update: GBP/USD ? Sell at 1.6080 or buy at 1.5970

<p>Although current breach of previous support at 1.6030 signals recent upmove has indeed formed a top at 1.6344 last week and the fall from there may extend weakness towards 1.5962/63 (38.2% Fibonacci retracement of 1.5345-1.6344 and previous support), however, loss of near term downward momentum should limit downside to 1.5953<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/g46ONuJKZ44" height="1" width="1"/>

Source: Trade Idea Update: GBP/USD ? Sell at 1.6080 or buy at 1.5970

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Forex Market: News/ Trend/ Technical Analysis / Trade Idea Update: USD/JPY ? Sell at 82.85

« on: March 13, 2011, 05:03:30 am »

Trade Idea Update: USD/JPY ? Sell at 82.85

<p>Dollar?s intra-day selloff in part due to cross-buying in Japanese yen on risk aversion adds credence to our view that a temporary top has been formed at 83.30 today and consolidation with downside bias remains for test of 81.95 support, below would extend weakness to 81.73, however, reckon last week?s<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/mwBCFcNHk_k" height="1" width="1"/>

Source: Trade Idea Update: USD/JPY ? Sell at 82.85

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Forex Market: News/ Trend/ Technical Analysis / Trade Idea Update: EUR/USD ? Buy at 1.3740

« on: March 12, 2011, 11:15:01 pm »

Trade Idea Update: EUR/USD ? Buy at 1.3740

<p>Although the single currency has fallen again to an intra-day low of 1.3752 and one more fall to previous support at 1.3744 cannot be ruled out, loss of downward momentum should prevent sharp fall below there and reckon support at 1.3712 would hold, bring a rebound later. Above the Kijun-Sen<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/i9XeWBoMzWM" height="1" width="1"/>

Source: Trade Idea Update: EUR/USD ? Buy at 1.3740

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Forex Market: News/ Trend/ Technical Analysis / Trade Idea Update: GBP/USD ? Sell at 1.6080 or buy at 1.5965

« on: March 12, 2011, 05:08:05 pm »

Trade Idea Update: GBP/USD ? Sell at 1.6080 or buy at 1.5965

<p>Despite intra-day resumption of recent decline from 1.6344 to 1.5977, loss of downward momentum should prevent sharp fall below 1.5962/63 (38.2% Fibonacci retracement of 1.5345-1.6344 and previous support) and reckon 1.5953 (61.8% projection of 1.6244-1.6038 measuring from 1.6080) would limit downside, bring rebound later. Above previous support at 1.6038 would bring retracement to 1.6080-87</p><img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/zfgLXPFq0Hw" height="1" width="1"/>

Source: Trade Idea Update: GBP/USD ? Sell at 1.6080 or buy at 1.5965

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Forex Market: News/ Trend/ Technical Analysis / Trade Idea Update: USD/CHF ? Stand aside

« on: March 12, 2011, 11:00:18 am »

Trade Idea Update: USD/CHF ? Stand aside

<p>Despite intra-day rebound to 0.9359, as the greenback has retreated after faltering below yesterday?s high at 0.9363, retaining our view that further consolidation within indicated range of 0.9269-0.9370 would take place and weakness to 0.9295-00 cannot be ruled out. However, below there is needed to bring test of the lower<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/V0XmSnUCBMc" height="1" width="1"/>

Source: Trade Idea Update: USD/CHF ? Stand aside

21

Forex Market: News/ Trend/ Technical Analysis / Trade Idea Wrap-up: USD/JPY ? Sell at 82.85

« on: March 12, 2011, 05:28:30 am »

Trade Idea Wrap-up: USD/JPY ? Sell at 82.85

<p>Dollar?s intra-day selloff from 83.30 to 82.00 in part due to cross-buying in Japanese yen on risk aversion adds credence to our view that a temporary top has been formed there today and consolidation with downside bias remains for test of 81.95 support, below would extend weakness to 81.73, however,<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/40vslDIJazc" height="1" width="1"/>

Source: Trade Idea Wrap-up: USD/JPY ? Sell at 82.85

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Forex Market: News/ Trend/ Technical Analysis / Trade Idea Wrap-up: EUR/USD ? Buy at 1.3775

« on: March 11, 2011, 11:07:59 pm »

Trade Idea Wrap-up: EUR/USD ? Buy at 1.3775

<p>Current rebound after intra-day fall to 1.3752 signals a temporary low has been formed there and consolidation with upside bias is seen for test of 1.3853-55 (current level of the Ichimoku cloud bottom and previous support), however, break of the upper Kumo (now at 1.3968) is needed to retain near<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/y6VkJ73gswE" height="1" width="1"/>

Source: Trade Idea Wrap-up: EUR/USD ? Buy at 1.3775

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Forex Market: News/ Trend/ Technical Analysis / Trade Idea Wrap-up: GBP/USD ? Buy at 1.5965

« on: March 11, 2011, 05:04:53 pm »

Trade Idea Wrap-up: GBP/USD ? Buy at 1.5965

<p>Although the British pound has rebounded in tandem with euro from intra-day low of 1.5977, above 1.6080 is needed to signal low has been formed and bring retracement of recent decline to 1.6116-25 (38.2% Fibonacci retracement of 1.6342 to 1.5977 and previous support), however, reckon the Ichimoku cloud area (now<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/DypzFRp9Qvw" height="1" width="1"/>

Source: Trade Idea Wrap-up: GBP/USD ? Buy at 1.5965

24

Forex Market: News/ Trend/ Technical Analysis / Trade Idea Wrap-up: USD/CHF ? Sell at 0.9325

« on: March 11, 2011, 12:29:45 pm »

Trade Idea Wrap-up: USD/CHF ? Sell at 0.9325

<p>Despite intra-day rebound to 0.9359, current selloff after faltering below yesterday?s high at 0.9363 suggests consolidation with downside bias would be seen for test of the lower range of the indicated trading band of 0.9269-0.9370. However, below this support at 0.9269 is needed to confirm downside break and signal top<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/SuGnoaPYMyY" height="1" width="1"/>

Source: Trade Idea Wrap-up: USD/CHF ? Sell at 0.9325

25

Forex Market: News/ Trend/ Technical Analysis / Trade Idea Update: USD/CHF ? Stand aside

« on: March 11, 2011, 05:53:09 am »

Trade Idea Update: USD/CHF ? Stand aside

<p>Although dollar has rebounded after finding support at 0.9302 in Asia, above resistance at 0.9363-70 is needed to signal the rise from 0.9202 low has resumed and bring a stronger retracement of early downtrend to resistance at 0.9392, however, still reckon upside would be limited to 0.9421 (38.2% Fibonacci retracement<img src="http://feeds.feedburner.com/~r/CandlesticksIntradayTrades/~4/M1MwsQm-8js" height="1" width="1"/>

Source: Trade Idea Update: USD/CHF ? Stand aside