Archive for July, 2010
Trade Alert for – Symbol XAU/USD Description GOLD Gold Gold found support at $1200; reversal above resistance at $1220 would indicate an advance to $1380. Breakout above $1260 would confirm, while retreat below the rising trendline would warn of another test of primary support at $1060. Momentum respect of the zero [...]
Gold Outlook is a post from: TradeForexAmerica.com
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Forex Trade Alert for Symbol EUR/USD
Euro.
The euro penetrated resistance at $1.25 and the descending trendline. It is too early to call this a reversal, but the primary down-trend is weakening.
Expect retracement to test the new support level at $1.25. Failure of the rising trendline would warn of a primary down-swing with a target of parity —
confirmed if support at $1.19 is broken. Respect of support would suggest a reversal, but confirmation would only come from a higher trough followed by a new
high. Momentum crossed to above zero but must rise further (say 5%) if it is to provide evidence of an up-trend.
Forex Trade Alert for EUR/USD Monday Jul 19, 2010.
Market is holding above the 1.2465 level. 4xGenie Action: Maintain long position. Price projection of 1.2964 has been reached. Stop at 1.2523. NOTE: The width of the Bollinger Bands is expanding which indicates that prices are trending. The CCI is above 100. This currency pair is overbought at this time.
Next Day Trading Ranges for Monday Jul 19, 2010.
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Forex Trade Alert EUR/USD.
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Forex Trade Alert for EUR/CAD.
Forex Trade Alert for Friday Jul 09, 2010.
A sell signal was confirmed when this currency pair EUR/CAD closed below 1.3140 on Jul-09-2010. 4xGenie Action: ==> Sell this curre at 1.3085 or better. Stop at 1.3424. Wave 5 could drop down to 1.2889 or to 1.2497. The market closed below the middle fibonacci fan line. Prices should find support on the bottom fan line. NOTE: A consolidation of price movement or a price correction may be underway.
Next Day Trading Ranges for Friday Jul 09, 2010.
The 20 day moving average of the daily trading range is 156 Pips and the 60 day moving average of the daily trading range is 172 Pips. This shows that volatility has decreased in the short term. The percentage of downdays when the open/high ratio is less than 25% is 69.51 percent. This means that if this currency pair does not rise more than 39 pips from the opening price then there is a 69.51 percent chance that this will be an downday.
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Forex Trade Alert for EUR/CAD |Sell Signal
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Forex Trade Alerts EUR/JPY. Trade Alert for Symbol EURJPY Trade Alert for Friday Jun 04, 2010. This section is only available to subscribers. Subscription is FREE, and takes just a moment. Next Day Trading Ranges for Friday Jun 04, 2010. The 20 day moving average of the [...]
Forex Trade Alerts EUR/JPY is a post from: TradeForexAmerica.com
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Forex Trade Alert for GBPCHF . Forex Trade Alert for Friday Jul 02, 2010. On Jul-02-2010 a candlestick formation confirmed a buy signal. 4xGenie Action: ==> Buy this Currency Pair GBP/CHF at 1.6334 or better. Stop at 1.5947. Wave 3 could rise up to 1.7194 or to 1.7668. NOTE: [...]
Forex Trade Alert GBPCHF | Buy Signal for GBPCHF is a post from: TradeForexAmerica.com
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