Tuesday, October 24, 2006

Sell Order GBP/USD Triggered

Sell Order GBP/USD @ 1.8675 triggered.

Current position: -34 pips

Monday, October 23, 2006

GBP/USD Limit Order

Sell Order GBP/USD @ 1.8675 Take Profit: Open

EUR/USD update

EUR/USD did not break OR even reach the 1.2643 level, but instead it fell down to the 1.2540 level. Stay tuned for what is going to happen at the end of today.
Recomended trades: No position

Sunday, October 22, 2006

EUR/USD consolidating

EUR/USD is consolidating now at 1.2615-1.2620. If the price breaks 1.2642 major resistance, then I assume that it will go to 1.2690 level easily. Although if it reached this evel, then reversal sig will more likely be triggered. Stay tuned for Monday tomorrow for the price movement.

Buy Limit Eur/USD @ 1.2643 TP 1.2663

Buy Limit Eur/USD @ 1.2643 TP 1.2663

Saturday, October 21, 2006

GBP/USD analysis for next week 23-27 October 2006



GBP/USD formed a strong bottom on 1.8520. The reversal pattern was augmented by oversold oscillator indicator.

Now GBP/USD faces a strong resistance at 1.8883 which represents the 50.0 Fibonnaci retracement from last month.

Suggestions:
Stay away from market until a reversal or continuatin of the bull trend occurs.

Expectations:
A strong reversal will occur around 1.8880 level.

 

Hello Everyone and Welcome Back

I will be trying to post again my analysis and my signals for the forex market on GBP/USD and EUR/USD pairs. Stay tuned for moe updates.

Saturday, April 22, 2006

Analyse this "My performance over a year"


Hi All , This is my performance over a year in the same account in Metatrader.

Monday, February 13, 2006

Yesterday's EUR/USD analysis comment


Yesterday's target was met on 1.1876, now the pair is suspected to retrace for a while before deciding which way to go.

GBP0USD retraces for a while


The cable reached down to 1.7360 around the 23.6 fib retracement of the previous month, now it is forming a weak hummer, so prices are suspected to reach 1.7460 tomorrow or around that at least. Suggested trading: buy now for 20-30 pips or according to your exist strategy.

EUR/USD retraces back




EUR/USD met a strong support below 1.1900, Tomorrow it is predicted to retrace for at least 30 pips reachig around 1.1930-1.1940.

GBP/USD target met













Target met in the cable short, which reached 1.17370 over the night.

EUR/USD results













Target met in EUR/USD, which reached 1.1880 level over night.

Sunday, February 12, 2006

GBP/USD analysis for 13-Feb-2006













Sell GBP/USD on a break of 1.7400 support for 20-30 pips profit, or according to your exit strategy.

EUR/USD retraced quickly beyong the 1.1900 range


Buy on break of 1.1900 support for at least 20 or 30 pips.

Sunday, October 09, 2005

EUR/USD daily update


The EUR/USD met a strong resistance in the daily chart, and couldnot break the 1.2201 level, instead it went down to test the 1.2100 level again, now focus on the 1.2201 support if broken then a chance that the EUR/USD will go downward is more likely.

Thursday, September 01, 2005

Sorry for stopping my analysis

Hi everyone, I am so sorry that I have stopped my analysis for the forex candlestick charts, I don't know exactly when I am gonna resume it because I am so busy now, but I promise it will be in the near future.
May Jesus bless you.

Wednesday, August 24, 2005

Sorry for not posting my candlestick analysis

Hi, I am so sorry for the delay n posting my candlestick analysis, but
I am very busy this week, and if God's will I will restart posting my
analysis after a week.
May Jesus Christ bless you all.

SaxoBank Analysis 24 th August 200505:10 GMT

Euro/US Dollar     

EURUSD  (1.2178 @ 05:17 GMT)
EUR/USD attempted to rally again late yesterday, possibly on weakness in US equity markets. But overnight, the stronger USD and saw 1.2195 area support fall, and now we focus on 1.2130 as the last support holding the pair back from a retest of the 1.2000 area. 1.2195 is now resistance. Further out, we may look for EUR to find strong support.  
Resist.
1.2356
1.2291
1.2263
1.2178
1.2199
1.2162
1.2098
Support

British Pound/US Dollar     

GBPUSD  (1.7923 @ 05:19 GMT)
GBP/USD looks like it is finally committing lower, with a fall through 1.7900 further confirming that we should focus on 1.7800 now and possibly even 1.7500 eventually. 1.7970 is first resistance, followed by the 1.8020 area.  
Resist.
1.8120
1.8060
1.8039
1.7923
1.7979
1.7940
1.7880
Support

US Dollar/Japanese Yen     

USDJPY  (110.61 @ 05:34 GMT)
USD/JPY rallied strongly overnight, possibly for technical reasons as the 110.15 minor resistance was taken out. Still, 110.80 is an awfully big barrier. If the pair can pull through that level, then we're looking at the range between 111.50 and 113 again. To the downside, 110.00 looks like a swing level.  
Resist.
111.06
110.47
110.17
110.61
109.58
109.29
108.70
Support

Tuesday, August 23, 2005

Saxo Analysis 23 August 2005

Euro/US Dollar     

EURUSD  (1.2213 @ 12:46 GMT)
EUR/USD found resistance below the 1.2260 ideal resistance area, though a positive boost from Germany and EuroZone sentiment surveys still presents a risk that the pair could revisit the 1.2300 area before heading lower again. Support appears robust around the 1.2200 area for now.  
Resist.
1.2386
1.2297
1.2263
1.2213
1.2174
1.2120
1.2032
Support

British Pound/US Dollar     

GBPUSD  (1.7965 @ 12:46 GMT)
GBP/USD can't make up its mind which way it wants to go, but the preference is for it to eventually head lower, especially if it stays below yesterday's high and the resistance at 1.8047. A move through 1.7900 encourages the view toward 1.7800 and possibly even 1.7500 eventually.  
Resist.
1.8228
1.8111
1.8055
1.7965
1.7937
1.7875
1.7757
Support

US Dollar/Japanese Yen     

USDJPY  (110.14 @ 12:46 GMT)
USD/JPY still looks heavy, and a fall through 109.50 again could encourage a test of the crucial 108.90 area, which guards the gates to much lower levels still. The upside swing level comes in around 110.00 - this was briefly breached this morning, but must hold if it is to help swing the pair higher. 110.80 is the key resistance higher still.  
Resist.
112.21
111.06
110.42
110.14
109.28
108.77
107.63
Support