Sunday, November 30, 2008

SORRY...

Sorry to all vi$itor..latley im busy at outside...
how ever,i will back to give u $mile$ when u give me...:)
Big Thanks to all...:))

Thursday, November 27, 2008

EURO
The euro is settling below 23.6% correction level in today's trading after it declined yesterday which might be the start of a new descending technical pattern over intraday basis, continued trading below 1.2930 confirms the downside move and remains valid unless trading was seen clearly above 1.3080.
The trading range is among the key resistance level at 1.3220 and the key support level at 1.2690.
The general trend is to the downside as far as 1.5080 remains intact; targets are set at 1.2340 and 1.2225.

Support 1.2885 1.2830 1.2800 1.2740 1.2690
Resistance 1.2965 1.2985 1.3030 1.3080 1.3120
Recommendation Sell euro below 1.2930 with targets at 1.2830, stop loss with hourly closing above 1.3080

Great British Pound (GBP)
The pair has lost its upside momentum and now is trading below the 23.6% correction level shown above yet still above the 100 4-hour MA at 1.5235; the pair today will attempt to trade above the correction level and failing to breach it will send the pair in a downside wave as a technical pattern will form if a rebound was seen from below 1.5520 yet steady trading above this level opens the way towards 1.5675 the major resistance for the downside.
The trading range is among the key resistance level at 1.5740 and the key support level at 1.5180.
The general trend is to the downside as far as 1.9400 remains intact; targets are set at 1.4435 and 1.4095.

Support 1.5395 1.5365 1.5275 1.5235 1.5180
Resistance 1.5475 1.5520 1.5595 1.5675 1.5740
Recommendation Sell Sterling cautiously below 1.5475 with targets at 1.5365, stop loss above 1.5520

Wednesday, November 26, 2008

Wednesday November 26, 2008

EUR-USD Currently uptrend should end around 1.3218 - 1.3161 area. A correction down to below 1.2885 is expected. A rise above 1.3259 will abort the expected correction.
GBP-USD Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5641 or 1.5879 if support around 1.533 hold. After which a pullback to 1.5330 - 1.5229 zone is possible.
USD-JPY There is bearish potential for a fall to 94.31 while 95.87 - 96.34 resist. After this fall a recovery up to 96.34 or 96.80 is expected.
USD-CHF Market should not go lower than 1.1736. After this move down it should go up to 1.1835 - 1.1910 area.

Tuesday, November 25, 2008

Tuesday November 25, 2008

EURO
As expected the euro continued the upside move and as well managed to breach the resistance level at 1.2725-1.2740 to reach the 23.6% correctional level at 1.2930 once again and managed to rise slightly above it; nevertheless the pair is now trading below that level and signs of buying saturation are appearing over momentum indicators on four hour basis and for that we expect the pair to decline towards the 400 Hour (100 4-hour MA) at 1.2690 which is valid as far as trading continues dominantly below 1.2930 levels.

The trading range is among the key resistance level at 1.3150 and the key support level at 1.2525.

The general trend is to the downside as far as 1.5080 remains intact; targets are set at 1.2340 and 1.2225.

Support 1.2830 1.2800 1.2740 1.2690 1.2675
Resistance 1.2885 1.2915 1.2930 1.2985 1.3060
Recommendation Sell euro below 1.2915 with targets interlude at 1.2840 and 1.2800, stop loss with hourly closing above 1.3000


EUR-USD Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3153 or 1.3213 if support around 1.2825 hold. After which a pullback to 1.2825 - 1.2761 zone is possible.
GBP-USD Current rise seems to be over near 1.5185 or 1.5300 for a retracement towards 1.5070 - 1.5012 area.
USD-JPY N/A
USD-CHF Market should not go lower than 1.1820. After this move down it should go up to 1.1931 - 1.2029 area.

Tips : Save to SELL EU aroud 50% (1.2700)..good luck all...:))

Monday, November 24, 2008

Monday November 24, 2008

EURO The euro is leading an intraday upside wave since consolidation was seen above 100 hours MA at 1.2570 and targets now the resistance level for the triangular model at 1.2725; despite that the short term is to the downside we expect the euro to mange to rise further today towards the set resistance level.

The trading range is among the key resistance level at 1.2850 and the key support level at 1.2415.

The general trend is to the downside as far as 1.5080 remains intact; targets are set at 1.2340 and 1.2225.

Support 1.2595 1.2575 1.2550 1.2495 1.2450
Resistance 1.2650 1.2680 1.2705 1.2725 1.2770
Recommendation Buy euro above 1.2595 with targets at 1.2700, stop loss below 1.2500


EUR-USD Current rise seems to be over near 1.2608 or 1.2669 for a retracement towards 1.2546 - 1.2500 area.
GBP-USD While above 1.4787 - 1.4695 zone a corrective upmove could test 1.4965 or 1.5052. After which it should resume its downtrend.
USD-JPY Market looks set for gains towards 96.74 or above in extension. Dips should find support at 95.19 - 94.80 zone.
USD-CHF Preferred view is for a fall to below 1.2164 while 1.2219 - 1.223 area resists. A clear break of 1.2286 would be bullish.