Click On Me

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: forex trader success stories, best forex expert advisor, forex quote script, forex chart for mobile phone, forex chart, gain capital forex api, forex rate icici

4xGenie Video Forex Help:

Forex Trade Alert EUR/USD video:


4xGenie Support Team click here...

US 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.

Related articles by Zemanta

• Gold (NYSE:GLD) Falls As Dollar Rebounds (benzinga.com)

Tags: profitable forex signals, forex quote script, forex option chain, forex investment agents, forex signal dashboard, forex trading signals, forex exchange in malaysia

4xGenie Video Forex Help:

US Dollar Index, Gold and Crude Oil Outlook video:


4xGenie Support Team click here...

FOREX OUTLOOK for EUR/USD, AUD/USD, GOLD, CRUDE OIL and US DOLLAR INDEX.

Gold

Gold retreated below short-term support at $1120 after breaking the rising trendline on the price chart and on Momentum Oscillator (5-day). Expect a test of primary support at $1080. Reversal above $1140 is unlikely, but would signal an advance to $1220.

Crude Oil

Crude retreated below the rising (green) trendline, signaling trend weakness. Also, the long-term Momentum Oscillator (13-week) displays a large bearish divergence, warning of a reversal. Failure of primary support at $72 would confirm.

Euro – EUR/USD

The primary cause of dollar strength is the euro, which broke through support at $1.42 — signaling the start of a primary down-trend. The Momentum strengthens the reversal signal. The initial target for the decline is $1.38.

Current Day Trading Session:

Momentum is continuing downward at the present time.

Next Day Trading Session:

If the next day’s close is above 1.4449 then that could be a sign that the current downward momentum is reversing.

Continue Reading »
FOREX OUTLOOK for EUR/USD, AUD/USD, GOLD, CRUDE OIL and US DOLLAR INDEX

Tags: software forex, forex exchange in malaysia, how much do forex traders make, forex rate icici, forex avenger, free forex buy and sell indicator, scalping forex pips

4xGenie Video Forex Help:

FOREX OUTLOOK for EUR/USD, AUD/USD, GOLD, CRUDE OIL and US DOLLAR INDEX video:


4xGenie Support Team click here...

Forex Trade Alert For EUR/USD

5th Wave Up EUR/USD As of Dec-04-2009.

The euro broke through resistance at $1.50 before retracing to test the new support level. Respect would offer a short-term target of $1.53. Momentum holding above zero confirms a strong up-trend; the bearish divergence so far indicates consolidation, but reversal below zero (while unlikely) would signal a correction. Expect a test of $1.60 in the medium to long-term.

4xGenie Action: ==> Remain out of this market! Today’s candlestick appears

Continue Reading »
Forex Trade Alert for EUR/USD

Tags: forex pips guarantee, forex exchange helsinki, forex chart, forex brokerage ranking, forex quote script, forex signals testimonials, forex robot review

4xGenie Video Forex Help:

Forex Trade Alert for EUR/USD video:


4xGenie Support Team click here...

(Click to Enlarge)

 US Dollar Index and Spot Gold Outlook.

Gold Rallies As Dollar Declines.

US Dollar Index

The US Dollar Index broke through resistance at 76 before consolidating in a narrow band. Consolidation above the new support level is a continuation signal, indicating a test of 77.50, but the index is once again testing support at 76 after a false breakout. Respect of support would signal that the primary down-trend is weakening, while failure would again test support at 75. In the longer term, breakout above 77.50 would indicate that the down-trend has ended. Reversal below 75, on the other hand, would offer a target of 74.

Spot Gold

Continue Reading »
US Dollar Index and Spot Gold Outlook

Tags: how much do forex traders make, forex money managers, forex software review, forex robot review, forex option chain, how to trade forex pivot points, forex signal dashboard

4xGenie Video Forex Help:

US Dollar Index and Spot Gold Outlook video:


4xGenie Support Team click here...