On a night out with friends, you start flirting with a beautiful girl at the other side of the room.
Making ostentatious gestures of how funny your friends are. What a nice person you are, greeting acquaintances like long lost friends.
You will do anything to keep that beautiful girl’s attention.
The excitement is building and after around 20 minutes you have built up the courage to walk over and actually talk to this vision.
Then she gets up off her seat,…Continue
EURUSD found some support yesterday and is now testing the upper side of a corrective channel. As such, we need to be aware of an uptrend continuation as A-B-C corrective decline from 1.3710 may have already finished. However, recovery from latest swing low is still not in five waves, therefore we need to wait on more price data and time before bullish run for the EURUSD can be confirmed. Ideally, current recovery from 1.3350 will extend in five waves towards 1.3550 with a daily close above…Continue
Added by Gregor Horvat on February 13, 2013 at 8:16am — No Comments
Recommend Sell 1652.00 Target 1638.00 Stoploss 1656.00
Note : A clear Breakout of 1656 is Bullish then target 1662.00
Recommend buy at 97.00 Target 98.20 Stoploss 96.50
Note : A Clear Breakout of 96.50 Is Bearish Then Target 95.80
Recommend buy at 1.3450 Target 1.3516 Stoploss 1.3405
Note : A clear Breakout of 1.3405 is Bearish Then Target 1.3360
Recommend Sell at 1.5680 Target 1.5610 Stoploss 1.5720
Note : A clear breakout…
The pair rose sharply yesterday after touching the lowest level at 1.5573 forming a daily positive candle that took the pair now above Linear Regression Indicators. RSI is showing a possible bullish divergence that might affect the pair shall it hold above 1.5695 levels, yet a breakout below 1.5580 levels might fail positivity. I should point out that stability above 1.5695 levels is significant for providing bullish…Continue
Added by Honey Bhai on February 13, 2013 at 7:29am — No Comments
Added by Carol Harmer on February 13, 2013 at 6:59am — No Comments
Added by Carol Harmer on February 13, 2013 at 6:57am — No Comments
JPY went long in Asian session with strong reversal in NY session. Currently JPY pairs are testing strong resistance and expect continuation to continue Strong
Outlook JPY Strong…Continue
Added by Sardar Uddin on February 13, 2013 at 6:04am — No Comments
Added by Sardar Uddin on February 13, 2013 at 5:59am — No Comments
ASSALAM O ALEIKUM my dear fellows
yesterday was really a golden day with worst moves
today we have plenty of data
trend is bullish
today we have plenty of data and i think today market can move very fastly
today big trades on data only
i think market can play a game today
EUR has finally broken the consolidation after several up and down moves in a 50 pips range and reached my first LONG target at 1.3475. However bulls' power wasn't enough to continue this move and a pullback occured close to 1.3440 level. this level for now serves as support and another support is 1.3410-15. Below 1.3400 we are going 60 pips down at least and maybe more. On the upside we have resistances @ 1.3490 - 1.3510 -1.3540. Enter long only on H4 close above 1.3570, otherwise use any…Continue
Added by Vladimir Mihaylov on February 13, 2013 at 5:37am — No Comments
In a dull and directionless day when Gold and Pound Sterling was under sever pressure, it was late release of G7 statement that had sparked some life in the market, which saw Yen making almost 1.5 pct gain within minutes. Draghi’s assurance of Spain’s economic recovery gave boost to Euro. But G7 press release on currency about their commitment to market determined exchange rates and that they will make sure to consult closely in regard to actions in foreign exchange markets and that…Continue
Added by asad rizvi on February 13, 2013 at 4:37am — No Comments
FIB EXTENSION from JAN 25th LOW > FEB 5th HIGH
Gives us the FIB extension price of $1631.33 (161.8%) + $1618 (200%)
You could look to sell around $1655 with a target of 200 pips!
Just a bit of analysis! We have a GOLD Investment website out V soon for those who are serious about taking control over their financial futures!
Added by Shaun Powell on February 12, 2013 at 8:47pm — No Comments
The prices of silver and gold continued their downward trend from last week and sharply fell on the first day of the week. Their decline coincided with the depreciation of several leading currencies such as the yen and Aussie dollar against the USD. Will gold and silver change direction and rally this week? On today's agenda: Swiss Inflation report, Great Britain CPI, ECONFIN…Continue
Added by Lior Cohen on February 12, 2013 at 3:50pm — No Comments
We definitely have a proportional inverse relationship here between market volatility and time on site at FXstreet.com.... the more volatility and activity in the market, the less time on site and the less the market moves the more traders spend on the site... as we are now in a period of very low volatility, time on site does not stop to grow.
Last 2 weeks the site jumped for the first time ever above 9 minutes in weekly basis and has remained there, while in daily…Continue
Added by Francesc Riverola on February 12, 2013 at 3:00pm — No Comments
Price action developed alongside the scenario posted yesterday.
Although somewhat overextended, I´m seeing acceptance of higher value areas as I am writing this post (5:43PM, ET). Shorter term, the algos I am currently testing have provided a sell signal.
However, I´m leaning into $97.20, as a better trade location (provided other conditions are met, at that level) - which is POC.
Thus, here are some ideas I am working on…Continue
Added by Demian Pack on February 12, 2013 at 2:17pm — No Comments
Currently we are at 1.3122 after nice trade up form 1.3075 yesterday. A breakout out of the pennant should initially go to the R6 @ 1.3180 with a further target @ 1.3217. The current average daily trading range (ATR) is 124 pips.…Continue
Added by Scott Barkley on February 12, 2013 at 2:06pm — No Comments
One new dance will get start from today...
I think that bears will be in control about euro.
So, as we have read in preliminary analysis the wave will be formed asap.
recommendation: SHORT Eurusd at 1,3450 with target of 1,3270/1,3256 area.
Of course, another eur currencies pairs will be affected.
When the market reach this goal then probably bulls take a new control.
Cheers, take your coffee…Continue
Added by Igor Titara on February 12, 2013 at 1:29pm — No Comments
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Fidelity Worldwide Investment - “The G7 ministers put out a statement today arguing against unilateral FX intervention and explicit exchange rate targets. On one level, this is a slap on the wrist to Japanese ministers talking about specific levels but it allows them to carry on with policies aimed at creating domestic inflation. You could argue the clear FX manipulators out there are the Swiss with the SNB’s Jordan saying today that the…Continue
Added by Francesc Riverola on February 12, 2013 at 12:33pm — No Comments