USDCHF’s bounce from 0.9244 extended to as high as 0.9469. Support is now at the upward trend line on 4-hour chart, as long as the trend line support holds, uptrend could be expected to continue, and further rise to test 0.9546 previous high resistance could be seen. However, a clear break below ...
Updated December 29th, 2011 at 11:50 PM by nick74
Update Time: 29 Dec 2011 01:08 GMTUSD/JPY - 77.86 Despite usd's cross-inspired weakness to 77.56 yesterday, as price has rebounded after holding above 77.50 support due to dollar's broad-based strength, suggesting aforesaid upmove would resume after consolidation and is expected to extend ...
Although dlr has penetrated said y'day's 77.80 low due to renewed cross-buying of yen, suggesting erratic fall fm Fri's one-month high at 78.23 may extend marginally, o/sold condition shud keep dlr abv inidcated sup area ...
USDCHF had formed a cycle bottom at 0.9244 on 4-hour chart. Now the rise from 0.9244 would possibly be resumption of uptrend from 0.8569 (Oct 27 low), further rise to test 0.9546 resistance would likely be seen later today, a break above this level will confirm resumption of the uptrend. Key support ...
Updated December 27th, 2011 at 09:10 PM by murali603 (link removed, use those links in your signature.)
EURUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.4246 (Oct 27 high), the price action from 1.2946 is likely consolidation of the downtrend. As long as the trend line resistance holds, we’d expect downtrend to resume, and another fall towards 1.2500 is still ...
Updated December 26th, 2011 at 10:39 PM by nick74 (Removed link. Please add links in your sugnature space.)
It is foolish to buy a market that is rising. You are late to the game my friend. Amateurs buy after price gets steam behind it. You don't want to make the same trades amateurs are making right? We all know 90% give their money to 10%. I may be making a wild guess, but I'm thinking the amateur ...
22 Dec 2011 02:17GMT... INTRA-DAY USD/JPY OUTLOOK - 78.08 Dlr has eased after marginal gain to 78.13 in Tokyo, as y'day's rebound fm 77.69 signals pullback fm Mon's 2-week high at 78.18 has ...
Although dlr has traded narrowly in Tokyo after y'day's rise to a one-week high of 78.16, as the early firm breach of 78.00 suggests upside bias remains for re-test of 78.29, break there wud encou rage for subsequent ...
AUDUSD continued its downward movement from 1.0378, and the fall extended to as low as 0.9883. Further decline could be seen in a couple of days, and next target would be at 0.9800 area. Resistance is at 1.0050 followed by the downward trend line on 4-hour chart, as long as the trend line resistance ...
AUDUSD remains in downtrend from 1.0378, and the fall has extended to as low as 0.9979. Further decline could be seen after a minor consolidation and next target would be at 0.9800 area. Resistance is at the downward trend line on 4-hour chart, only a clear break above the trend line could indicate ...
Updated December 14th, 2011 at 04:48 AM by nick74 (Removed link.)
13 Dec 2011 02:38GMT... INTRA-DAY USD/JPY OUTLOOK - 77.93 Dlr's narrow movement below y'day's NY high at 78.00 suggests price wud consolidate in Tokyo sess- ion, however, reckon renewed buying ...
Although dlr has traded narrowly in Tokyo morn- ing following Fri's retreat to 77.50 in NY, outlook today remains consolidative as last week's rebound fm 77.13 (Thur) to 77.79 signals recent decline has ...
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Updated December 9th, 2011 at 01:59 AM by nick74 (Removed links. Please add links in your signature space.)
Update Time: 09 Dec 2011 01:06 GMTUSD/JPY - 77.68 Despite dollar's breach of support at 77.29 to 77.13 yesterday, subsequent strong rebound to 77.79 suggests erratic fall from last week's high at 78.29 has ended there and consolidation with upside bias is seen for gain to 78.11/15, above ...
GBPUSD failed to break above 1.5779 resistance, and pulled back from 1.5768 yesterday, suggesting that lengthier sideways movement in a range between 1.5423 and 1.5779 is underway. Deeper decline to 1.5500 area to reach next cycle bottom is expected. Key resistance remains at 1.5779, only break ...
GBPUSD broke above the downward price channel on 4-hour chart, suggesting that the fall from 1.6164 had completed at 1.5423 already. Further rally to test 1.5779 key resistance would likely be seen, a break above this level could trigger another rise towards 1.6500. Support is now at 1.5561, only ...
Update Time: 08 Dec 2011 01:16 GMTUSD/JPY - 77.68 Although dollar has continued to edge lower from Monday's high at 78.11, suggesting consolidation with downside bias remains, reckon last Wednesday's low at 77.29 should contain downside and bring rebound to 77.84/89, however, break of 78.11 ...
GBPUSD’s fall from 1.5779 extended to as low as 1.5561. Further decline is still possible later today, and next target would be at 1.5500 area. Key resistance is now at 1.5779, a break above this level will indicate that the downtrend from 1.6164 had completed at 1.5423 already, then the following ...
Updated December 7th, 2011 at 12:32 AM by nick74 (Removed link.)
Although renewed broad-based cross buying of yen has pressured dlr in Tokyo session, the lack of follow-through selling below o/n NY low at 77.70 n subsequent minor recovery fm 77.69 suggests consoli ...
05 Dec 2011 02:33GMT... INTRA-DAY USD/JPY OUTLOOK - 77.96 Despite extending Fri's gain in NY session margi nally higher to 78.10 in Aust., dlr's retreat in Tokyo suggests a minor top is possibly made a conso ...
USDCHF has formed a cycle bottom at 0.9066 on 4-hour chart. Range trading between 0.9066 and 0.9329 would likely be seen in a couple of days. Resistance is at 0.9329, a break above this level will signal resumption of uptrend from 0.8569, then further rise towards 1.0000 could be seen. Key support ...
Updated December 4th, 2011 at 11:14 PM by murali603 (link removed, use them as your signatire)
Part 1: http://www.moneytec.com/forums/blogs...ce-part-1.html **Data courtesy of the USDA In the United States, rice is grown in Arkansas, California, ...
Updated December 2nd, 2011 at 07:31 AM by murali603 (linka not allowed use them in signature)
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Updated December 2nd, 2011 at 07:55 AM by murali603 (links no tallowed use the as signature)
EURUSD is testing the resistance of the price channel on 4-hour chart. As long as the channel resistance holds, the price action from 1.3212 could be treated as consolidation of downtrend from 1.4246, and one more fall towards 1.3146 (Oct 4 low) is still possible. On the upside, a clear break above ...
EURUSD is facing resistance of the price channel on 4-hour chart, a clear break above the channel will indicate that the downtrend from 1.4246 had completed at 1.3212 already, then the following upward move could bring price to 1.3900 area. As long as the channel resistance holds, the rise from 1.3212 ...
Updated November 30th, 2011 at 11:29 PM by murali603 (link removed, add link in your signature)
USDCHF had formed a cycle top at 0.9329 on 4-hour chart. Range trading between 0.9085 and 0.9329 would likely be seen in a couple of days. As long as 0.9085 support holds, the price action in the range is treated as consolidation of uptrend from 0.8569, another rise towards 1.0000 is still possible ...
Updated November 29th, 2011 at 10:48 PM by nick74 (removed link. Please add links in your signature space.)
Despite dlr's 'cross-inspired' brief bresch of y'day's high at 78.24 (NY), present retreat fm 78. 28 suggests recent erratic rise has possibly made a minor top there n consolidation with mild downside bias is seen but reckon 77.91 wud contain weakness. ...
Despite Fri's resumption of recent erratic rise to 77.79 in NY session, intra-day retreat due to dlr's broad-based gap-down opening in NZ suggests consolidation with mild upside bias remains, as long as 77.31 sup hold, another bounce is seen. Remain as ...
Updated November 27th, 2011 at 11:25 PM by nick74 (removed link. Please add links in your signature space.)
AUDUSD has broken above the downward trend line on 4-hour chart, suggesting that the downtrend from 1.0342 has completed at 0.9663 already. Lengthier consolidation of the longer term downtrend from 1.0751 would likely be seen over the next several days, and the trading range would be between 0.9663 ...
Updated November 27th, 2011 at 11:19 PM by nick74 (removed link. Please add links in your signature space.)
AUDUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.0342. As long as the trend line resistance holds, downtrend could be expected to continue after a minor consolidation and next target would be at 0.9600 area. However, a clear break above the trend line could ...
Dlr's intra-day bounce abv y'day's European high at 77.23 strongly suggests pullback fm 77.58 (Wed) has ended y'day at 77.02 n upside bias remains for re-test of said res lvl, abv there wud signal erra- ...
AUDUSD continued its downward move yesterday, and the fall extended to as low as 0.9663. Resistance remains at he downward trend line on 4-hour chart, as long as the trend line resistance holds, downtrend could be expected to continue after a minor consolidation, and next target would be at 0.9600 ...
Update Time: 23 Nov 2011 08:05 EUR/USD - 1.3455 Euro's intra-day sharp retreat from 1.3530 suggests consolidation with downside bias remains for re-test of 1.3422, break would confirm recent decline from Oct's high at 1.4248 has resumed and extend weakness to 1.3400, however, ...
Updated November 24th, 2011 at 10:10 AM by nick74
USDCHF moved sideways in a range between 0.9085 and 0.9234 for several days. The price action in the range is likely consolidation of uptrend from 0.8569, one more rise towards 0.9314 previous high is still possible after consolidation. Initial support remains at the lower border of the price channel ...
USDCHF’s rise extended to as high as 0.9234 last week. Support remains at the lower line of the price channel on 4-hour chart, as long as the channel support holds, uptrend from 0.8569 could be expected to continue, and one more rise to test 0.9314 previous high resistance is still possible. On ...
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Updated November 18th, 2011 at 02:23 AM by nick74 (Removed link. Please add links in your signature space.)
Despite dollar's narrow movement yesterday after Monday's bounce from 76.86 to 77.09, outlook remains mildly bearish and corrective fall from October's high at 79.55 should extend to 76.70, however, loss of momentum would prevent steep fall below 76.48 and bring a much-needed rebound later today. ...
Updated November 17th, 2011 at 11:54 PM by nick74
AUDUSD remains in downtrend from 1.0751, the rise from 1.0053 is treated as consolidation of downtrend. Key resistance is now at 1.0342, as long as this level holds, downtrend could be expected to resume, and another fall to 0.9800 is still possible. On the other side, a break above 1.0342 will ...
USDCAD stays in a trading range between 1.0055 and 1.0265. The price action in the range is treated as consolidation of uptrend from 0.9891. As long as 1.0055 key support holds, another rise towards 1.0400 is still possible, and a break above 1.0265 could signal resumption of uptrend. On the downside, ...
Despite extending y'day's recovery fm a one-week low of 76.82 to 77.14, as price has retreated after meeting renewed selling at Tokyo open, suggesting recent erratic fall wud resume, however, 'loss of momentum' shud keep price abv 76.65/70. Lower short entry ...