Archive for February, 2010


 Powered by Max Banner Ads 


Forex Trade Alert EUR/USD

Monday 22 February 2010 @ 4:51 am

Click On MeForex Trade Alert EUR/USD

Forex Trade Alert EUR/USD.

Monday Feb 22, 2010.

The Momentum Indicator and ( Harami ) candlestick pattern indicate a reversal may be coming (D). It may be wise to exit this

trade. Market is holding below the 1.4218 level. 4xGENIE Action: ==> Maintain short position. Price projection of 1.3652 has been reached. Stop at 1.3838. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here! The CCI is below -100. This Currency Pair EUR/USD is oversold at this time.

Continue Reading »
Forex Trade Alert EUR/USD

Tags: , , , , , ,

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google Bookmarks
  • Yahoo! Buzz
  • TwitThis
  • Live
  • LinkedIn
  • Pownce
  • MySpace

Post to Twitter Tweet This Post




Forex Trade Alert EUR/USD and USD/JPY

Monday 15 February 2010 @ 4:03 am

Click On MeForex Trade Alert EUR/USD and USD/JPY

Forex Trade Alert EUR/USD and USD/JPY

Euro

The euro is in a strong primary down-trend. Talk of Greece being rescued by France and Germany may help to stem the decline at the $1.36 support level. Expect a test of the declining (orange) trendline. Breakout above the declining trendline on Momentum Oscillator (63-day) may provide advance warning of a trend change.

MONTHLY PIVOT ALERT: Support level of 1.3624 was broken today. When the monthly S1 is broken – we can look for a possible drop to the monthly S2 @ 1.3385.

The [R3] or the most extreme high trading range is 1.3860.

The [R2] or the extreme high trading range is 1.3777.

The [R1] or the high trading range is 1.3697.

The [P] or pivot point is 1.3614.

The [S1] or the low trading range is 1.3534.

The [S2] or the extreme low trading range is 1.3451.

The [S3] or the most extreme low trading range is 1.3371.

Japanese Yen

Japanese yen
Image via Wikipedia

The Dollar is undergoing a correction against the yen, after making a new high in early January. Recovery above 93.00 would confirm a primary up-trend. Look for early warning from

Continue Reading »
Forex Trade Alert EUR/USD and USD/JPY

Tags: , , , , , ,

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google Bookmarks
  • Yahoo! Buzz
  • TwitThis
  • Live
  • LinkedIn
  • Pownce
  • MySpace

Post to Twitter Tweet This Post




Forex Trade Alert for AUD/USD

Tuesday 9 February 2010 @ 12:39 am

Forex Trade Alert for AUD/USD

Forex Trade Alert for AUD/USD

Australian Dollar.

02.06.2010.

The market is stalling. It may be wise to exit this trade. Market is holding below the 0.8733 level. 4xGenie Action: ==> Maintain short position. Price projection of 0.8655 has been reached. Stop at 0.9083. Wave C could drop down to 0.8300. NOTE: This is a very strong bearish sign with the lower pivot band falling lower and with today’s close below the lower pivot band. The CCI is below -100. This currency pair is oversold at this time.

A one hundred dollar Australian note
Image via Wikipedia

Continue Reading »
Forex Trade Alert for AUD/USD

Tags: , , , , , ,

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google Bookmarks
  • Yahoo! Buzz
  • TwitThis
  • Live
  • LinkedIn
  • Pownce
  • MySpace

Post to Twitter Tweet This Post




US Dollar Index, Gold and Crude Oil Outlook

Saturday 6 February 2010 @ 9:14 pm

US Dollar Index, Gold and OilUS Dollar Index, Gold and  Crude Oil Outlook.


The US Dollar Index

The US Dollar Index is in a primary up-trend, having broken through 80.5, and offers a target of 90.0. Reversal below the rising trendline is unlikely, but would warn of a test of primary support at 76.5.

Gold

A strengthening dollar usually signals gold weakness, but there are two factors that mitigate against this: continuing low interest rates (higher rates increase the attractiveness of alternative investments); and rising concern over sovereign debt, causing a flight to the (relative) safety of both gold and the dollar. Breakout above the declining trendline would signal a test of the January high at $1165, while reversal below support at $1080 signal a primary down-trend. A Momentum Oscillator (21-day) peak below zero would also warn of a trend reversal.New Target 1.025

Crude Oil

Crude retreating below the rising (green) trendline warns of trend weakness — and failure of primary support at $72 signal a primary down-trend. Recovery above $76, however, indicates another test of resistance at $80. New Target $68.

Top Oil Producing Countries 1960-2006
Image via Wikipedia

Reblog this post [with Zemanta]

Tags: , , , , , ,

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google Bookmarks
  • Yahoo! Buzz
  • TwitThis
  • Live
  • LinkedIn
  • Pownce
  • MySpace

Post to Twitter Tweet This Post



 Powered by Max Banner Ads 



4xGenie Team.

Roy Tanck's Flickr Widget requires Flash Player 9 or better.

Get this widget at roytanck.com