Added by 2hlxnmiamurai on January 31, 2015 at 8:18pm — No Comments
I have stayed away from any CHF pair since you know when ...
This one caught my eye today so I would like to ask if you would go short.
What ProAct Forex Target Traders See: We are currently sitting @ 1.1300 after bouncing on the trend wall. We are looking to finish the correction to 1.1381. We could get the turn here. If not, look to the square up and the S7 @ 1.1583 as the target. If we head back down we are looking for the double bottom @ 1.1100. The average daily true range (ATR) for the pair currently is 142 pips.
Added by Scott Barkley on January 31, 2015 at 3:55pm — No Comments
USDCHF: Remains On The Offensive
USDCHF: With a second week of strength seeing further bullishness the past week, additional bull pressure is envisaged. However, watch out for a pullback following its two-week run to the upside. On the upside, resistance resides at the 0.9250 level where a break will aim at the 0.9300 level. Further out, resistance resides at the 0.9350 level. A breather may occur here and turn the pair lower but if that level is taken out, expect a push further…Continue
Added by fxtech on January 31, 2015 at 11:51am — No Comments
This article is based on my personal experiences. It is a reminder for me to avoid mistakes and a lesson for many of the traders in this forum (Specially the Newbies)
Me and my cousin started forex in the year 2008 when the crude oil fell to 36.00$ price level. I bought the crude oil at…
I have a great long entry on gold, hour after US GDP data, at 1260.86! I leave the position for the next week, hope to catch 1320/50!? Any oppinion traders?
Added by Mario Urlic on January 30, 2015 at 10:00pm — No Comments
The growth rate of the United States economy fell by almost half in the fourth quarter as sliding government expenditures, ebbing business investment and rising imports subtracted from the largest jump in consumer spending in more than eight years and substantial build in inventories.
Gross domestic product t, the widest measure of economic activity, fell to 2.6 percent annualized in the final three months of last year, from 5 percent in the previous quarters according to Commerce…Continue
Added by Joseph Trevisani on January 30, 2015 at 8:10pm — No Comments
Jury is still out if this pair has really turned bullish. eur/gbp has advanced a little but no solid impulsive pattern yet. I have not labeled any waves yet for this advance but i still think that the turn has occurred and eur/gbp has switched from long bear market to bullish sentiment. I will keep this view intact and advocate that the turn has occurred.
I would not necessarily trade this pair yet but as soon as there is visible wave structure to the upside, I would jump on board to…Continue
Added by Ville Vainio on January 30, 2015 at 4:30pm — No Comments
Currently we are at 0.7242. We are looking for a continuation to the 1.618 Fibo support area @ 0.7127 with an overall target @ 0.6965. The average daily true range (ATR) for the pair currently is 108 pips.
Added by Scott Barkley on January 30, 2015 at 1:42pm — No Comments
Touching the low level of this previous January 15. consolidation range, in January 24. after the ‘Greek election results’, euro is rising rapidly versus swiss franc in the last couple of days, reaching 1.0522 today and the pair aproached the high of the January 15. consolidation range of 1.0550/600. Who is the buyer and weather he expected a new ‘rate cut move’ from the SNB? Who knows, but this is the important level for this pair and braking of the 1.0550/600 level could push the…Continue
Added by Mario Urlic on January 30, 2015 at 12:57pm — No Comments
The pair take a brake yesterday at 1.4600/20 and decline back to 1.4530, where is placed daily MA100 which stoped the pair on the way down. The pair turn up again and at this moments EUR/AUD is trying to brake 1.4650, the top of resistance of previous important levels. Could it be broken today, after yesterdays extremely bullish day!? Aussie weakness on the market gave the maximum boost for the euro here!…Continue
Added by Mario Urlic on January 30, 2015 at 11:31am — No Comments
Silver: silver price broke 17:10 as we expected & extends the descending wave of corrective rising channel supported at 16.70 where this decline is still tentative. price bounce up to resume the upward tendency of the new supported positive upward which related to stochastic divergence.
It is necessary to note that break of 16.20 will open the door back on further price falling & put pressure on the short and medium term to stretch the bearish…Continue
Added by Pierre Chahine on January 30, 2015 at 10:34am — No Comments
Oil: price of oil stabilize lower after broken the sideway range and as long as the price is below the level 4520 the expectations for the downside is still effective and, pending the trend towards 42.40.
50 SMA supports the expected decrease with the attention that the breach of 45.40 will open the door attempts to start a new recovery targets at 46.30 and then 49.60.
Oil: expected trading range for today is between S of 42.10 and resistance 46.20. waiting…Continue
Added by Pierre Chahine on January 30, 2015 at 10:31am — No Comments
Gold: yesterday price of gold dropped as we expected to complete the formation of a double top which opens the way to a negative trading on intraday basis as currently the price is hovering around the critical level However, 1552 was a key for diversion in the short term.
50 SMA is a neutral factor supports the proposed diversion as the price has been able to penetrate to 1263 and on the way to 1274.
Gold: expected trading range for today is between: S of…Continue
Added by Pierre Chahine on January 30, 2015 at 10:30am — No Comments
GBP/JPY: today expected trading range is between S of 177.20 & R of 179.40 .Bullish .more info on boursajeeclub.com.
Added by Pierre Chahine on January 30, 2015 at 10:29am — No Comments
EUR/JPY: today expected trading range is between S of 132.60 & R of 134.80, waiting for Bullish opportunity.more info on boursajeeclub.com.
Added by Pierre Chahine on January 30, 2015 at 10:27am — No Comments
NZD/USD: today expected trading range is between S of 0.7205 & R of 0.7380. Bullish. more info on boursajeeclub.com.
Added by Pierre Chahine on January 30, 2015 at 10:26am — No Comments
AUD/USD: today expected trading range is between S of 0.7710 & R of 0.7920. Bullish. more info on boursajeeclub.com.
Added by Pierre Chahine on January 30, 2015 at 10:23am — No Comments
USD/CAD: today expected trading range is between S of 1.2580 & R of 1.2710. Bearish. More info on boursajeeclub.com.
Added by Pierre Chahine on January 30, 2015 at 10:20am — No Comments
USD/CHF: today expected trading range is between S of 0.8910 & R of 0.9310 Bearish,More info on boursajeeclub.com.
Added by Pierre Chahine on January 30, 2015 at 10:19am — No Comments