My forecasts by EURUSD, GBPUSD, USDCHF, USDJPY, GOLD - page 10

 

Intraday outlook in EUR/USD remains mildly on the downside with 1.4286 minor resistance intact. As noted before, rebound from 1.4045 might have completed at 1.4405 already. Further decline is in favor to retest 1.4045 first. On the upside, above 1.4286 minor resistance will turn intraday outlook neutral again. Break of 1.4405 will invalidate the bearish case and indicate that recent rally is still in progress for another high above 1.4446 before completion.[actionforex]

Limbo....It is good for system martingale...

P&F EURUSD5 Box Size 10X3 or(0.21%) HI/LO

Data 1.4405 - 1.4177 ~ 1 Month ~ 7.27 Day

Database 1508 records 1.42709 (Last Close)

2009-08-26 14~25

2009-09-02 21~00 (GMT+01:00) Paris

BJF Trading Group

1.4400|~1O|||______________x_____________________________________|0.03%|1.57%

1.4390|~2O|||______________x_o___________________________________|0.1%|1.5%

1.4380|~3O|||______________x_o_x_________________________________|0.17%|1.43%

1.4370|~4O|||______________x_o_x_o_____x_________________________|0.24%|1.36%

1.4360|~5O|||______________x_o_x_o_x___x_o_______________________|0.31%|1.29%

1.4350|~6O|||______________x_o_x_o_x_o_x_o_______________________|0.38%|1.22%

1.4340|~7O|||______________x_o_x_o_x_o_x_o_____x_________________|0.45%|1.15%

1.4330|~8O|||______________x_o___o_x_o_x_o_____x_o_______________|0.52%|1.08%

1.4320|~9O|||______________x_____o_x_o___o_x___x_o_______________|0.59%|1.01%

1.4310|~1OO||______________x_____o_x_____o_x_o_x_o_______________|0.66%|0.94%

1.4300|~11O||______________x_____o_x_____o_x_o_x_o_______________|0.73%|0.87%

1.4290|~12O||______________x_____o_x_____o___o___o_____________x_|0.8%|0.8%

1.4280|~13O||__x_______x___x_____o_x_____________o_____________x_|0.87%|0.73%

1.4270|~14O||__x_o_____x_o_x_____o_x_____________o_____________x_|0.94%|0.66%

1.4260|~15O||__x_o_____x_o_x_____o_______________o_____________x_|1.01%|0.59%

1.4250|~16O||____o_x___x_o_x_____________________o_____________x_|1.08%|0.51%

1.4240|~17O||____o_x_o_x_o_x_____________________o_____x___x___x_|1.15%|0.44%

1.4230|~18O||____o_x_o_x_o_______________________o_____x_o_x_o_x_|1.21%|0.37%

1.4220|~19O||____o_x_o___________________________o_x___x_o_x_o_x_|1.28%|0.3%

1.4210|~2OO||____o_______________________________o_x_o_x_o___o_x_|1.35%|0.23%

1.4200|~21O||____________________________________o_x_o_x_____o___|1.42%|0.16%

1.4190|~22O||____________________________________o_x_o___________|1.49%|0.09%

1.4180|~23O||____________________________________o_______________|1.56%|0.02%

1.4170|~24O||____________________________________________________|1.63%|-0.05%

Column|~25O||0_3_7_4_3_6_5_177_5_12104_5_8_3_3_5_164_3_5_3_3_4_9_|

Count

 
 
 
 

I'm short JPY vs most developed country currencies. The economic fundamentals don't support further strength in the JPY. With the negative demographics, highest debt to GDP in the developed world, low interest rates and significant forecasts for future issuance of debt - the currency needs to catch up to the fundamentals and make a reversal. The central bank is horrible, but they will eventually be successful in monetizing the debt. Long USD vs. JPY.

 

USD overview

Long term, I'm still bullish on the dollar. Non Farm payrolls came in lower than expected - although US the jobless rate hit a 26 year high. All of us traders need to be aware that the commodity dollars are still beating up on the USD short term. Risk appetite is outpacing technical/fundamental analysis for the beginning of the week. Look for the BoE and RBNZ announcements later in the week. Could be a driving force - and as always, the commentary is more important than the actual decision. Listen up!

 
 
 
 

Eur/usd

i'm nubie, i only use one pairs is EUR/USD since first i trade, please help me what best indi do you think i should use for this pairs thanx a lot

Reason: