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.
Monday, February 13, 2006
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.
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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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Tuesday, 23rd August 2005 SaxoBank Analysis
Euro/US Dollar
EURUSD (1.2204 @ 05:53 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. |
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British Pound/US Dollar
GBPUSD (1.7978 @ 05:55 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. |
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US Dollar/Japanese Yen
USDJPY (109.96 @ 05:58 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. |
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Monday, August 22, 2005
Rich disciples
The Burial of Jesus
57. As evening approached, there came a rich man from Arimathea, named Joseph, who had himself become a disciple of Jesus.
57. As evening approached, there came a rich man from Arimathea, named Joseph, who had himself become a disciple of Jesus.
Matthew 27:57
Oanda Spreads
Oanda Spreads: This morning I woke up to see Oanda spreads on the EUR/USD 0.9.
WOW Good Job Oanda
Sunday, August 21, 2005
GBP/USD weekly chart analysis
GBP/USD showing a similar story to the EUR/USD weekly chart, apparent Tweezer top is seen which indicate further bearish movement for this week as well.
EUR/USD weekly chart showing tweezer top, indicating a possible bearish continuation pattern, but beware of possible bullish Monday as a normal start of the candle.Thursday, August 18, 2005
Daily Bible Verse
The tongue that brings healing is a tree of life, but a deceitful tongue crushes the spirit.
Proverbs 15:4 (NIV)
The Good news Part 3
Because our sin has separated us from God, we have been left with a "God-shaped vacuum" or spiritual emptiness. The world's many religions are all evidence of mankind's endless struggle to fill this vacuum. And our relentless search for inner peace through pleasure seeking, power, fame, fortune, drugs, and mystical experiences all tell of our inner emptiness.
As it is impossible for us to find God or peace with Him through our own efforts, God in His love and mercy sent His own sinless Son, Jesus Christ, to save us from our predicament ( Ephesians 2:8-9).
Christ did this by dying on the cross in our place to pay the ransom price for our sins--which was death (I Timothy 2:5-6). Thus Jesus Christ is God's only provision for our sin and He is the only way back to God and eternal life ( John 14:6 and Romans 5:8).
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Inverted hammer formation in the EUR/JPY daily candle
Inverted Hammer formation in the daily chart of the EUR/JPY pair indicating a probability of short term bearish reversal. Prices are epected to go bullish tomorrow if broken the 135.45 range.
Eur/Usd analysis for 18th August 2005
Short term bearish movement in the Eur/Usd is expected to continue if the prices broke the yesterday's low of 1.2156, set your TP tight because it is the end of the week and prices may retrace a bit before closing the weekly candle.
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