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rufffen · 02-08-2007, 04:27

FX - USD CHF USD JPY update

OK, thought I had a spare minute posting quick thoughts on FX. Im fairly confident there are some formations indicating further upside on CHF and JPY, CHF upside is 2300 capped and JPY 121. The reversal is coming up sometime next week, current levels are good for building up LONG possies on both items (1 2030/ 118 80).

XAU spot gold weekly zones were not triggered, although intraday (zones not posted) BUY ZONE was triggered and now I favor shorts. 675/652 upside/downside seems to be the area where future price action will be determined.

I will update all items accordingly next Monday/Tuesday, I might be out the office on Monday.

Stay tuned and enjoy good trading.

02-08-2007, 04:27	#17
rufffen Zone trading Join Date: Jun 2005 Posts: 1,058 Downloads: 2 Uploads: 0 Rep Power: 5	Re: rufffen XAU spot gold and majors trades FX - USD CHF USD JPY update OK, thought I had a spare minute posting quick thoughts on FX. Im fairly confident there are some formations indicating further upside on CHF and JPY, CHF upside is 2300 capped and JPY 121. The reversal is coming up sometime next week, current levels are good for building up LONG possies on both items (1 2030/ 118 80). XAU spot gold weekly zones were not triggered, although intraday (zones not posted) BUY ZONE was triggered and now I favor shorts. 675/652 upside/downside seems to be the area where future price action will be determined. I will update all items accordingly next Monday/Tuesday, I might be out the office on Monday. Stay tuned and enjoy good trading. __________________ rufffen XAU spot gold and majors trades(click) trading zones for the month of April 2008.(click) trading zones for the month of May 2008.(click) 2516 pips trading one lot in April 2008.