
FOREX OUTLOOK ON THREE CURRENCY PAIRS
AUD/NZD, EUR/JPY, EUR/CHF.
FOREX TRADE ALERT
AUD/NZD
Produced: Tuesday, February 17, 2009
Place a buy stop to buy 1 unit if price rises to 1.2747.
Red Line Long Exit Strategy: Close all long positions on close if close is 1.2521.
Place a sell stop to sell 1 unit if price falls to 1.2418.
Red Line Short Exit Strategy: Close all short positions on close if price rises to 1.2522.
EUR/CHF
Produced: Tuesday, February 17, 2009
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FOREX OUTLOOK ON AUD/NZD, EUR/JPY, EUR/CHF | FOTRX TRADE ALERT
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FOREX TRADE ALERTS and FOREX MARKET DIRECTION
for SEVEN CURRENCY PAIRS.
EUR/JPY
Produced: Friday, February 06, 2009.
Place a buy stop to buy 1 unit if price rises to 119.556 or higher.
Place a sell stop to sell 1 unit if price falls to 113.131 or lower.
Green Line Short Exit Strategy: Close all short positions on close if price rises to 116.23.
AUD/NZD
Produced: Friday, February 06, 2009.
Place a buy stop to buy 1 unit if price rises to 1.2799.
Green Line Long Exit Strategy: Close all long positions on close if price falls to 1.255.
(No Short orders.)
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FOREX TREADE ALERTS | FOREX MARKET OUTLOOK
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Forex Trade Alert for – Symbol USD/CHF.
Forex Trade Alert for Tuesday Jan 27, 2009.
On Jan-26-2009 a candlestick formation confirmed a sell signal. A sell signal was also confirmed when this currency pair USD/CHF closed below 1.1386 on Jan-26-2009. 4xGenie Action: ==> SELL @ 1.1328. Stop at 1.1734. Wave 3 could drop down to 1.0704 or to 0.9948. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!
Next Day Trading Ranges for Tuesday Jan 27, 2009.
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FOREX TRADE ALERT for USD/CHF | SELL SIGNAL
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FOREX Trade Alert for Symbol EURGBP.
Forex Trade Alert for Tuesday Jan 20, 2009.
On Jan-19-2009 a candlestick formation confirmed a buy signal. 4xGenie Action: Buy EUR/GBP @ 0.9123. Stop at 0.8830. Wave 5 could rise up to 0.9204 or to 0.9682. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!
Next Day Trading Ranges for Tuesday Jan 20, 2009.
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FOREX TRADE ALERT for EUR/GBP BUY SIGNAL
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FOREX Trade Alert for – Symbol = USD/CAD.
Forex Trade Alert for Tuesday Jan.06, 2009.
Market is holding above the 1.1663 level. 4xgenie Action: ==> Sell USD/CAD at 1.1818. Stop at 1.2415. Elloitt Wave 4 could drop down to 1.1663 or 1.1481. NOTE: The width of the Bollinger Bands is expanding which indicates that prices are trending.
Monthly Pivots.
The [R3] or the most extreme high trading range is 1.4041.
The [R2] or the extreme high trading range is 1.3524.
The [R1] or the high trading range is 1.2852.
The [P] or pivot point is 1.2335.
The [S1] or the low trading range is 1.1663.
The [S2] or the extreme low trading range is 1.1146.
The [S3] or the most extreme low trading range is 1.0474.
Current Day Trading Session:
Momentum is continuing downward at the present time.
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