Forex Buy & Sell Trading Signals - page 28

 

Hello Traders,

Forex Signals & Analysis for 24th May 2012:

Short Term Signals:

Usd/Chf Buy at 0.9455/60 then 0.9415/20 then 0.9370/75, sell at 0.9605/10 then 0.9630/35 then 0.9695/00

Usd/Jpy Buy at 78.95/00 then 78.70/75 then 78.20/25 while sell at 80.10/15 then 80.40/45 then 80.80/85

Euro/Usd Buy at 1.2495/00 then 1.2460/65 then 1.2375/80, sell at 1.2690/95 then 1.2745/50 then 1.2805/10

Gbp/Usd Buy at 1.5635/40 then 1.5615/20 then 1.5555/60, sell at 1.5770/75 then 1.5805/10 then 1.5845/50

Medium Term Daily Analysis:

Usd/Chf This pair is on uptrend, retracement at 0.9490/00, as swing buy with Tp1 High at 0.9605/10 Tp2 0.9630/35 Tp3 0.9695/00 while as breakout sell with Tp1 0.9455/60 Tp2 0.9415/20 Tp3 0.9370/75

Usd/Jpy This pair is on downtrend with overall mixed sideways movement, retracement at 79.50/55, as swing sell with Tp1 78.95/00 Tp2 78.70/75 Tp3 78.20/25 while as breakout buy with Tp1 80.10/15 Tp2 80.40/45 Tp3 80.80/85

Euro/Usd This pair is on downtrend, retracement at 1.2645/50, as swing sell with Tp1 low at 1.2495/00 Tp2 1.2460/65 Tp3 1.2375/80 while as breakout buy with Tp1 1.2690/95 Tp2 1.2745/50 Tp3 1.2805/10

Gbp/Usd This pair is on downtrend, retracement at 1.5740/50, as swing sell with Tp1 low at 1.5635/45 Tp2 1.5615/20 Tp3 1.5555/60 while as breakout buy with Tp1 1.5770/75 Tp2 1.5805/10 Tp3 1.5845/50

Usd/Cad This pair is on uptrend, retracement at 1.0220/25, as swing buy with Tp1 High at 1.0310/15 Tp2 1.0340/45 Tp3 1.0385/90 while as breakout sell with Tp1 1.0185/90 Tp2 1.0155/60 Tp3 1.0110/15

Euro/Cad This pair is on downtrend, retracement at 1.2925/30, as swing sell with Tp1 1.2840/45 Tp2 1.2810/15 Tp3 1.2755/60 while as breakout buy with Tp1 1.2970/75 Tp2 1.3010/15 Tp3 1.3045/50

Gbp/Cad This pair is on downtrend, retracement at 1.6085/95, as swing sell with Tp1 1.6005/10 Tp2 1.5965/70 Tp3 1.5895/00 while as breakout buy with Tp1 1.6175/80 Tp2 1.6220/25 Tp3 1.6275/80

Aud/Usd This pair is on downtrend, retracement at 0.9795/00, as swing sell with Tp1 0.9660/65 Tp2 low at 0.9625/30 Tp3 0.9560/65 while as breakout buy with Tp1 0.9825/30 Tp2 0.9865/70 Tp3 0.9925/30

Aud/Jpy This pair is on downtrend, retracement at 77.90/95, as swing sell with Tp1 low at 76.45/50 Tp2 75.90/95 Tp3 75.05/10 while as breakout buy with Tp1 78.60/65 Tp2 79.20/25 Tp3 79.95/00

Nzd/Usd This pair is on downtrend, retracement at 0.7540/50, as swing sell with Tp1 0.7435/40 Tp2 0.7405/10 Tp3 low at 0.7355/65 while as breakout buy with Tp1 0.7565/70 Tp2 0.7595/00 Tp3 0.7640/45

Euro/Jpy This pair is on downtrend, retracement at 100.60/70, as swing sell with Tp1 98.85/90 Tp2 98.35/40 Tp3 97.20/25 while as breakout buy with Tp1 101.50/55 Tp2 102.25/30 Tp3 103.05/10

Gbp/Jpy This pair is on downtrend, retracement at 125.25/30, as swing sell with Tp1 123.65/70 Tp2 123.15/20 Tp3 122.05/10 while a breakout buy with Tp1 126.20/25 Tp2 126.90/95 Tp3 127.65/70

Chf/Jpy This pair is on downtrend, retracement at 83.75/80, as swing sell with Tp1 82.30/35 Tp2 81.85/90 Tp3 80.95/00 while as breakout buy with Tp1 84.50/55 Tp2 85.15/20 Tp3 85.80/85

Gbp/Chf This pair is trying to base on uptrend, above retracement at 1.4960/65, as swing buy with Tp1 1.5045/50 Tp2 1.5080/85 Tp3 1.5145/50 while as breakout sell with Tp1 1.4880/85 Tp2 1.4840/45 Tp3 1.4785/90

Gold is on downtrend, retracement at 1566/67, as swing sell with Tp1 1532/33 Tp2 low at 1519/20 Tp3 1504/05 while as breakout buy with Tp1 1580/81 Tp2 1589/90 Tp3 1610/11

Oil is on downtrend, retracement at 91.20/25, as swing sell with Tp1 88.80/85 Tp2 88.00/05 Tp3 low at 86.70/80 while as breakout buy with Tp1 92.10/15 Tp2 92.90/95 Tp3 94.10/15

We have Important News releases today for the Euro., Sterling & Dollar Currency:

- Euro German Manufacturing PMI: Buy Euro/Usd if 49 or better while sell if 45 or worse

- ECB President Mario Draghi Talks: His talks will directly effect the Euro Currency. It's not a tradable news but worth to be focused at because any positive or negative look at the Euro Economy by the President will effect the currency.

- UK Revised GDP: Buy Gbp/Usd if 0.1% or better while sell if -0.4% or worse

- US Core Durable Goods & Unemployment Claims: Buy Usd/Chf & Usd/Jpy if 1.3% or better for the first or/& 360K or better for the second while Buy Euro/Usd & Gbp/Usd if 0.9% or worse for the first or/& 380K or worse for the second

***Many pairs are looking to the Tops & Bottoms today "if" market price kept going to both respectively(mainly at TP1 for the majors, review today post analysis) "before" hitting retracement price levels.

A Real Important day if any reversal will happen in following days..

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 25th May 2012:

Short Term Signals:

Usd/Chf Buy at 0.9530/35 then 0.9505/10 then 0.9480/85, sell at 0.9615/20 then 0.9630/35 then 0.9670/75

Usd/Jpy Buy at 79.30/35 then 79.20/25 then 79.10/15, sell at 79.70/75 then 79.80/85 then 79.95/00

Euro/Usd Buy at 1.2475/00 then 1.2450/55 then 1.2385/90, sell at 1.2615/20 then 1.2655/60 then 1.2695/00

Gbp/Usd Buy at 1.5610/15 then 1.5585/90 then 1.5535/40, sell at 1.5730/35 then 1.5760/65 then 1.5800/05

Medium Term Daily Analysis:

Usd/Chf This pair is on uptrend, retracement at 0.9530/40, as swing buy with Tp1 0.9615/20 Tp2 High at 0.9630/40 Tp3 0.9670/75 while as breakout sell with Tp1 0.9505/10 Tp2 0.9480/85 Tp3 0.9460/65

Usd/Jpy This pair is moving sideways with downtrend basis, retracement at 79.60/65, as swing sell with Tp1 79.30/35 Tp2 79.20/25 Tp3 low at 79.10/15 while as breakout buy with Tp1 79.70/75 Tp2 79.80/85 Tp3 79.95/00

Euro/Usd This pair is on downtrend, retracement at 1.2590/00, as swing sell with Tp1 1.2475/00 Tp2 low at 1.2445/55 Tp3 1.2385/90 while as breakout buy with Tp1 1.2615/20 Tp2 1.2655/60 Tp3 1.2695/00

Gbp/Usd This pair is on downtrend, retracement at 1.5710/20, as swing sell with Tp1 1.5610/15 Tp2 low at 1.5585/90 Tp3 1.5535/40 while as breakout buy with Tp1 1.5730/35 Tp2 1.5760/65 Tp3 1.5800/05

Usd/Cad This pair is on uptrend, retracement at 1.0240/45, as swing buy with Tp1 1.0310/15 Tp2 High at 1.0330/40 Tp3 1.0365/70 while as breakout sell with Tp1 1.0215/0 Tp2 1.0190/95 Tp3 1.0155/60

Euro/cad This pair is on downtrend, retracement at 1.2915/20, as swing sell with Tp1 1.2825/30 Tp2 low at 1.2805/10 Tp3 1.2760/65 while as breakout buy with Tp1 1.2930/35 Tp2 1.2960/65 Tp3 1.2990/95

Gbp/Cad This pair is funny, an always downward then pullup daily candles are marked, it's still on downtrend, retracement at 1.6090/00, as swing sell with Tp1 1.6020/25 Tp2 1.5985/90 Tp3 1.5930/35 while as breakout buy with Tp1 1.6155/60 Tp2 1.6190/95 Tp3 1.6240/45

Aud/Usd This pair is on downtrend, retracement at 0.9785/90, as swing sell with Tp1 0.9690/95 Tp2 0.9660/65 Tp3 low at 0.9610/20 while as breakout buy with Tp1 0.9830/35 Tp2 0.9860/65 Tp3 0.9910/15

Aud/Jpy This pair is on downtrend, retracement at 77.85/90, as swing sell with Tp1 77.00/05 Tp2 76.65/70 Tp3 low at 76.30/40 while as breakout buy with Tp1 78.20/25 Tp2 78.45/50 Tp3 78.95/00

Nzd/Usd This pair is on downtrend, retracement at 0.7545/50, as swing sell with Tp1 0.7465/70 Tp2 0.7435/40 Tp3 0.7390/95 while as breakout buy with Tp1 0.7590/95 Tp2 0.7620/25 Tp3 0.7665/70

Euro/Jpy This pair is on downtrend, retracement at 100.20/25, as swing sell with Tp1 99.15/20 Tp2 low at 98.80/90 Tp3 98.40/45 while as breakout buy with Tp1 100.35/40 Tp2 100.65/70 Tp3 101.10/15

Gbp/Jpy This pair is on downtrend, retracement at 124.95/05, as swing sell with Tp1 124.05/10 Tp2 low at 123.70/80 Tp3 123.40/45 while as breakout buy with Tp1 125.15/20 tp2 125.40/45 Tp3 125.85/90

Chf/Jpy This pair is on downtrend, retracement at 83.40/45, as swing sell with Tp1 82.55/60 Tp2 low at 82.25/30 Tp3 81.95/00 while as breakout buy with Tp1 83.50/55 Tp2 83.75/80 Tp3 84.10/15

Gbp/Chf This pair is on uptrend, retracement at 1.4970/80, as swing buy with Tp1 1.5070/75 Tp2 1.5100/05 Tp3 1.5150/55 while as breakout sell with Tp1 1.4945/50 Tp2 1.4910/15 Tp3 1.4865/70

Gold is on downtrend, retracement at 1564/65, as swing sell with Tp1 1543/44 Tp2 1536/37 Tp3 1521/22 while as breakout buy with Tp1 1579/80 Tp2 1588/89 Tp3 1600/01

Oil is on downtrend, retracement at 91.10/15, as swing sell with Tp1 89.55/60 Tp2 88.95/00 Tp3 88.15/20 while as breakout buy with Tp1 91.90/95 Tp2 92.45/50 Tp3 93.35/40

***As said yesterday, market price showed a quick bounce and reversal from first targets(lows or highs) for more than 80pips movement but before the day ended, most pairs collapsed down again to close lower keeping the current trends with no real threat till today friday surprises!!

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 28th May 2012:

Short Term Signals:

Usd/Chf Buy at 0.9535/40 then 0.9510/15 then 0.9480/85, sell at 0.9630/35 then 0.9650/55 then 0.9690/95

Usd/Jpy Buy at 79.40/45 then 79.30/35 then 79.15/20, sell at 79.85/90 then 79.95/00 then 80.10/15

Euro/Usd Buy at 1.2455/60 then 1.2430/35 then 1.2365/70, sell at 1.2600/05 then 1.2640/45 then 1.2685/90

Gbp/Usd Buy at 1.5615/20 then 1.5590/95 then 1.5560/65, sell at 1.5710/15 then 1.5730/35 then 1.5765/70

Medium Term Daily Analysis:

Usd/Chf This pair is on uptrend, retracement at 0.9540/50, as swing buy with Tp1 0.9630/35 Tp2 High at 0.9650/60 Tp3 0.9690/95 while as breakout sell with Tp1 0.9510/15 Tp2 0.9480/85 Tp3 Tp3 0.9460/65

Usd/Jpy This pair is moving sideways, buy at 79.60/65 with Tp1 79.85/90 Tp2 79.95/00 Tp3 80.10/15 while sell at 79.60/65 with Tp1 79.40/45 Tp2 79.30/35 Tp3 79.15/20

Euro/Usd This pair is on downtrend, retracement at 1.2580/85, as swing sell with Tp1 1.2455/60 Tp2 1.2430/35 Tp3 low at 1.2410/15 Tp4 1.2365/70 while as breakout buy with Tp1 1.2600/05 Tp2 1.2640/45 Tp3 1.2685/90

Gbp/Usd This pair is on downtrend, retracement at 1.5695/00, as swing sell with Tp1 1.5615/20 Tp2 1.5590/95 Tp3 low at 1.5560/65 while as breakout buy with Tp1 1.5710/15 Tp2 1.5730/35 Tp3 1.5765/70

Usd/Cad This pair is on uptrend, retracement at 1.0245/55, as swing buy with Tp1 1.0325/30 Tp2 1.0345/50 Tp3 High at 1.0380/85 while as breakout sell with Tp1 1.0215/20 Tp2 1.0190/95 Tp3 1.0150/60

Euro/Cad This pair is on downtrend, retracement at 1.2900/10, as swing sell with Tp1 1.2445/50 Tp2 low at 1.2415/25 Tp3 1.2790/95 while as breakout buy with Tp1 1.2920/25 Tp2 1.2945/50 Tp3 1.2970/75

Gbp/Cad This pair is on downtrend, retracement at 1.6105/15, as swing sell with Tp1 1.6045/50 Tp2 1.6005/10 Tp3 1.5975/80 while as breakout buy with Tp1 1.6165/70 Tp2 1.6195/00 Tp3 1.6245/50

Aud/Usd This pair is on downtrend, retracement at 0.9830/40, as swing sell with Tp1 0.9705/10 Tp2 0.9685/90 Tp3 0.9645/50 while as breakout buy with Tp1 0.9865/70 Tp2 0.9895/00 Tp3 0.9920/30

Aud/Jpy This pair is on downtrend, retracement at 78.30/35, as swing sell with Tp1 77.45/50 Tp2 77.20/25 Tp3 76.95/00 while as breakout buy with Tp1 78.10/15 Tp2 78.30/35 Tp3 78.50/55

Nzd/Usd This pair is on downtrend, retracement at 0.7585/95, as swing sell with Tp1 0.7490/95 Tp2 0.7470/75 Tp3 0.7430/35, while as breakout buy with Tp1 0.7615/20 Tp2 0.7640/45 Tp3 0.7670/75

Euro/Jpy This pair is on downtrend, retracement at 100.15/20, as swing sell with Tp1 99.20/25 Tp2 98.95/00 Tp3 98.45/50 while as breakout buy with Tp1 100.35/40 Tp2 100.65/70 Tp3 101.00/05

Gbp/Jpy This pair is on downtrend, retracement at 125.00/10, as swing sell with Tp1 124.30/35 Tp2 124.15/20 Tp3 123.90/95 while as breakout buy with Tp1 125.05/10 Tp2 125.20/25 Tp3 125.50/55

Chf/Jpy This pair is on downtrend, retracement at 83.30/35, as swing sell with Tp1 82.60/65 Tp2 82.40/45 Tp3 82.05/10 while as breakout buy with Tp1 83.45/50 Tp2 83.70/75 Tp3 84.00/05

Gbp/Chf This pair is on uptrend, retracement at 1.4980/90, as swing buy with Tp1 1.5085/90 Tp2 High at 1.5110/20 Tp3 1.5175/80 while as breakout sell with Tp1 1.4935/40 Tp2 1.4895/00 Tp3 1.4850/55

Gold is on uptrend, retracement at 1571/72, as swing buy with Tp1 1583/84 Tp2 1588/89 Tp3 1602/03 while as breakout sell with Tp1 1552/53 Tp2 1542/43 Tp3 1534/35

Oil is on downtrend, retracement at 91.90/95, as swing sell with Tp1 89.95/00 Tp2 89.55/60 Tp3 89.00/05, while as breakout buy with Tp1 92.45/50 Tp2 92.90/95 Tp3 93.20/30

*Many banks are on holiday today which may lead to less volatility in the market but that does not mean pairs will not continue last week tests to set a reversal and breakout, after the Big Gap seen today compared to last friday market close prices.

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 29th May 2012:

Short Term Signals:

Usd/Chf Buy at 0.9525/30 then 0.9500/05 then 0.9470/75, sell at 0.9615/20 then 0.9630/35 then 0.9670/75

Usd/Jpy Buy at 79.20/25 then 79.10/15 then 78.85/90, sell at 79.70/75 then 79.85/90 then 80.05/10

Euro/Usd Buy at 1.2485/90 then 1.2460/65 then 1.2400/05, sell at 1.2620/25 then 1.2660/65 then 1.2700/05

Gbp/Usd Buy at 1.5655/60 then 1.5640/45 then 1.5615/20, sell at 1.5715/20 then 1.5730/35 then 1.5750/55

Medium Term Daily Analysis:

Usd/Chf This pair is on uptrend, retracement at 0.9560/65, as swing buy with Tp1 0.9615/20 Tp2 0.9630/35 Tp3 High at 0.9670/75 while as breakout sell with Tp1 0.9525/30 Tp2 0.9500/05 Tp3 0.9470/75

Usd/Jpy This pair is moving sideways, sell at 79.50/55 with Tp1 79.20/25 Tp2 79.10/15 Tp3 78.85/90, while buy at 79.50/55 with Tp1 79.70/75 Tp2 79.85/90 Tp3 80.05/10

Euro/Usd This pair is on downtrend, retracement at 1.2565/70, as swing sell with Tp1 1.2485/90 Tp2 1.2460/65 Tp3 1.2400/05 while as breakout buy with Tp1 1.2620/25 Tp2 1.2660/65 Tp3 1.2700/05

Gbp/Usd This pair is on downtrend, retracement at 1.5690/00, as swing sell with Tp1 1.5655/60 Tp2 1.5640/45 Tp3 1.5615/20 while as breakout buy with Tp1 1.5715/20 Tp2 1.5730/35 Tp3 1.5750/55

Usd/Cad This pair is on uptrend, retracement at 1.0215/25, as swing buy with Tp1 1.0205/10 Tp2 1.0190/95 Tp3 1.0165/70 while as breakout buy with Tp1 1.0270/75 Tp2 1.0290/95 Tp3 1.0310/15

Euro/Cad This pair is on downtrend, retracement at 1.2865/70, as swing sell with Tp1 1.2790/95 Tp2 1.2765/70 Tp3 1.2705/10, while as breakout buy with Tp1 1.2915/20 Tp2 1.2955/60 Tp3 1.2990/95

Gbp/Cad This pair is on downtrend, retracement at 1.6070/75, as swing sell with Tp1 1.6020/25 Tp2 1.6000/05 Tp3 1.5960/65 while as breakout buy with Tp1 1.6105/10 Tp2 1.6135/40 Tp3 1.6160/65

Aud/Usd This pair is tying to base on uptrend today, above retracement at 0.9825/35 as swing buy with Tp1 0.9905/10 Tp2 0.9935/40 Tp3 0.9985/90 while as breakout sell with Tp1 0.9780/85 Tp2 0.9750/55 Tp3 0.9710/15

Aud/Jpy This pair is trying to base on uptrend today, above retracement at 78.15/25 with Tp1 78.60/65 Tp2 78.80/85 Tp3 79.10/15 while as breakout sell with Tp1 77.85/90 Tp2 77.60/65 Tp3 77.35/40

Nzd/Usd This pair is trying to base on uptrend, above retracement at 0.7580/90 with Tp1 0.7660/65 Tp2 0.7680/85 Tp3 0.7715/20 while as breakout sell with Tp1 0.7565/70 Tp2 0.7540/45 Tp3 0.7505/10

Euro/Jpy This pair is on downtrend, retracement at 99.90/00, as swing sell with Tp1 99.20/25 Tp2 99.05/10 Tp3 98.60/65 while as breakout buy with Tp1 100.20/25 Tp2 100.50/55 Tp3 100.75/80

Gbp/Jpy This pair is on downtrend, retracement at 124.75/80, as swing sell with Tp1 124.15/20 Tp2 123.95/00 Tp3 123.60/65 while as breakout buy with Tp1 125.10/15 Tp2 125.35/40 Tp3 125.65/70

Chf/Jpy This pair is on downtrend, retracement at 83.10/15, as swing sell with Tp1 82.55/60 Tp2 82.40/45 Tp3 82.05/10 while as breakout buy with Tp1 83.30/35 Tp2 83.55/60 Tp3 83.75/80

Gbp/Chf This pair is on uptrend, retracement at 1.5000/10, as swing buy with Tp1 1.5080/85 Tp2 1.5105/10 Tp3 1.5155/60 while as breakout sell with Tp1 1.4955/60 Tp2 1.4920/25 Tp3 1.4880/85

Gold is on uptrend, retracement at 1571/72, as swing buy with Tp1 1584/85 Tp2 1589/90 Tp3 1594/95 while as breakout sell with Tp1 1567/68 tp2 1564/65 Tp3 1557/58

Oil is on downtrend, retracement at 91.65/70, as swing sell with Tp1 90.55/60 Tp2 90.25/30 Tp3 89.60/65 while as breakout buy with Tp1 91.95/00 Tp2 92.40/45 Tp3 92.80/85

We have an Important News Release for the Dollar Currency:

- US CB Consumer Confidence: Buy Usd/Chf & Usd/Jpy if 71 or better while Buy Euro/Usd & Gbp/Usd if 67 or worse

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 30th May 2012:

Short Term Signals:

Usd/Chf Buy at 0.9545/50 then 0.9520/25 then 0.9480/85, sell at 0.9655/60 then 0.9675/80 then 0.9720/25

Usd/Jpy Buy at 79.30/35 then 79.20/25 then 79.05/10, sell at 79.65/70 then 79.75/80 then 79.90/95

Euro/Usd Buy at 1.2400/05 then 1.2395/00 then 1.2335/40, sell at 1.2585/90 then 1.2625/30 then 1.2675/80

Gbp/Usd Buy at 1.5575/80 then 1.5545/50 then 1.5480/85, sell at 1.5720/25 then 1.5760/65 then 1.5810/15

Medium Term Daily Analysis:

Usd/Chf This pair is on uptrend, retracement at 0.9580/90, as swing buy with Tp1 0.9655/60 Tp2 0.9675/80 Tp3 0.9720/25 while as breakout sell with Tp1 0.9545/50 Tp2 0.9520/25 Tp3 0.9480/85

Usd/Jpy This pair is moving sideways, buy at 79.50/55 with Tp1 79.65/70 Tp2 79.75/80 Tp3 79.90/95 while sell at 79.45/50 with Tp1 79.30/35 Tp2 79.20/25 Tp3 low at 79.05/10

Euro/Usd This pair is on downtrend, retracement at 1.2525/30, as swing sell with Tp1 1.2400/05 Tp2 1.2395/00 Tp3 low at 1.2335/40 while as breakout buy with Tp1 1.2585/90 Tp2 1.2625/30 Tp3 1.2675/80

Gbp/Usd This pair is on downtrend, retracement at 1.5660/65, as swing sell with Tp1 1.5575/80 Tp2 1.5545/50 Tp3 1.5480/85 while as breakout buy with Tp1 1.5720/25 Tp2 1.5760/65 Tp3 1.5810/15

Usd/Cad This pair is on uptrend, retracement at 1.0205/15, as swing buy with Tp1 1.0270/75 Tp2 1.0295/00 Tp3 1.0320/25 while as breakout sell with Tp1 1.0185/90 Tp2 1.0165/70 Tp3 1.0130/35

Euro/Cad This pair is on downtrend, retracement at 1.2820/25, as swing sell with Tp1 1.2735/40 Tp2 low at 1.2715/20 Tp3 1.2665/70 while as breakout buy with Tp1 1.2845/50 Tp2 1.2880/85 Tp3 1.2910/15

Gbp/Cad This pair is on downtrend, retracement at 1.6020/25, as swing sell with Tp1 low at 1.5970/75 Tp2 1.5940/45 Tp3 1.5915/20 while as breakout buy with Tp1 1.6070/75 Tp2 1.6110/15 Tp3 1.6145/50

Aud/Usd This pair is trying to base on uptrend, above retracement at 0.9820/30, as swing buy with Tp1 0.9910/15 Tp2 0.9940/45 Tp3 0.9990/95 while as breakout sell with Tp1 0.9780/85 Tp2 0.9750/55 Tp3 0.9700/05

Aud/Jpy This pair is trying to base on uptrend, above retracement at 98.00/10, as swing buy with Tp1 78.80/85 Tp2 79.10/15 Tp3 79.55/60 while as breakout sell sell with Tp1 77.65/70 Tp2 77.30/35 Tp3 76.90/95

Nzd/Usd This pair is trying to base on uptrend, above retracement at 0.7585/95, as swing buy with Tp1 0.7665/70 Tp2 0.7685/90 Tp3 0.7725/30 while as breakout sell with Tp1 0.7570/75 Tp2 0.7545/50 Tp3 0.7515/20

Euro/Jpy This pair is on downtrend, retracement at 99.55/60, as swing sell with Tp1 98.70/75 Tp2 98.40/45 Tp3 97.85/90 while as breakout buy with Tp1 100.05/10 Tp2 100.40/45 Tp3 100.85/90

Gbp/Jpy This pair is on downtrend, retracement at 124.45/55, as swing sell with Tp1 123.60/65 Tp2 123.30/35 Tp3 122.70/75 while as breakout buy with Tp1 125.05/10 Tp2 125.45/50 Tp3 125.95/00

Chf/Jpy This pair is on downtrend, retracement at 82.85/95, as swing sell with Tp1 82.20/25 Tp2 81.90/95 Tp3 81.50/55 while as breakout buy with Tp1 83.25/30 Tp2 83.55/60 Tp3 83.90/95

Gbp/Chf Thia pair is on uptrend, retracement at 1.5010/20, as swing buy with Tp1 1.5045/50 Tp2 1.5060/65 Tp3 1.5080/85 while as breakout sell with Tp1 1.4995/00 Tp2 1.4980/85 Tp3 1.4960/65

Gold is on downtrend, retracement at 1560/61, as swing sell with Tp1 1535/36 Tp2 1527/28 Tp3 low at 1522/23 Tp4 1506/07 while as breakout buy with Tp1 1583/84 Tp2 1596/97 Tp3 1610/11

Oil is on downtrend, retracement at 90.90/95, as swing sell with Tp1 89.70/75 Tp2 89.10/15 Tp3 88.00/05 while as breakout buy with Tp1 92.30/35 Tp2 93.05/10 Tp3 93.90/95

We have Very Important News releases today for the Aussie, Euro & Dollar Currency:

- AUD Retail Sales: Buy Aud/Usd if 0.4% or better while sell if below 0%

- Euro Italy 10 year Bond Auction: Keep Focus at this news release as it must effect the euro currency

- Euro ECB President Mario Draghi Talks who will effect directly the Euro Currency, so keep stand by position to see if he has something important to tell the market especially regarding Greece, Spain and the Big Fall in the Euro..

- US Pending Home Sales: Buy Usd/Chf & Usd/Jpy if 1% or better while Buy Euro/Usd & Gbp/Usd if -0.5% or worse

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 31st May 2012:

Short Term Signals:

Usd/Chf Buy at 0.9605/10 then 0.9560/65 then 0.9520/25, sell at 0.9760/65 then 0.9785/90 then 0.9860/65

Usd/Jpy Buy at 78.60/65 then 78.45/50 then 78.15/20, sell at 79.60/65 then 79.85/90 then 80.15/20

Euro/Usd Buy at 1.2295/00 then 1.2265/70 then 1.2170/75, sell at 1.2490/95 then 1.2550/55 then 1.2600/05

Gbp/Usd Buy at 1.5395/00 then 1.5360/65 then 1.5250/55, sell at 1.5625/30 then 1.5700/05 then 1.5755/60

Medium Term Daily Analysis:

Usd/Usd This pair is on uptrend, retracement at 0.9640/50, as swing buy with Tp1 High at 0.9760/65 Tp2 0.9785/90 Tp3 0.9860/65 while as breakout sell with Tp1 0.9605/10 Tp2 0.9560/65 Tp3 0.9520/25

Usd/Jpy This pair is on downtrend with overall sideways movement, retracement at 79.25/30, as swing sell with Tp1 78.60/65 Tp2 78.45/50 Tp3 78.15/20 while as breakout buy with Tp1 79.60/65 Tp2 79.85/90 Tp3 80.15/20

Euro/Usd This pair is on downtrend, retracement at 1.2440/50, as swing sell with Tp1 low at 1.2295/05 Tp2 1.2265/70 Tp3 1.2170/75 while as breakout buy with Tp1 1.2490/95 Tp2 1.2550/55 Tp3 1.2600/05

Gbp/Usd This pair is on downtrend, retracement at 1.5560/70, as swing sell with Tp1 low at 1.5395/05 Tp2 1.5360/65 Tp3 1.5250/55, while as breakout buy with Tp1 1.5625/30 Tp2 1.5700/05 Tp3 1.5755/60

Usd/Cad This pair is on uptrend, retracement at 1.0270/75, as swing buy with Tp1 1.0345/50 Tp2 High at 1.0370/75 Tp3 1.0425/30 while as breakout sell with Tp1 1.0215/20 Tp2 1.0180/85 Tp3 1.0145/50

Euro/Cad This pair is on downtrend, retracement at 1.2780/85, as swing sell with Tp1 1.2695/00 Tp2 1.2670/75 Tp3 1.2625/30 while as breakout buy with Tp1 1.2800/05 Tp2 1.2835/40 Tp3 1.2865/70

Gbp/Cad This pair is on downtrend, retracement at 1.5970/80, as swing sell with Tp1 1.5875/80 Tp2 1.5845/50 Tp3 1.5765/70 while as breakout buy with Tp1 1.6040/45 Tp2 1.6095/00 Tp3 1.6140/45

Aud/Usd This pair is on downtrend, retracement at 0.9755/60, as swing sell with Tp1 0.9630/35 Tp2 low at 0.9600/05 Tp3 0.9500/05 while as breakout buy with Tp1 0.9835/40 Tp2 0.9900/05 Tp3 0.9950/55

Aud/Jpy This pair is on downtrend, retracement at 77.35/40, as swing sell with Tp1 75.95/00 Tp2 75.55/60 Tp3 74.45/50 while as breakout buy with Tp1 78.20/25 Tp2 78.95/00 Tp3 79.50/55

Nzd/Usd This pair is on dowmtrend, retracement at 0.7555/60, as swing sell with Tp1 0.7475/80 Tp2 0.7450/55 Tp3 0.7380/85 while as breakout buy with Tp1 0.7620/25 Tp2 0.7665/70 Tp3 0.7705/10

Euro/Jpy This pair is on downtrend, retracement at 98.60/70, as swing sell with Tp1 96.95/00 Tp2 96.60/65 Tp3 95.45/50 while as breakout buy with Tp1 99.30/35 Tp2 100.00/05 Tp3 100.60/65

Gbp/Jpy This pair is on downtrend, retracement at 123.35/40, as swing sell with Tp1 121.35/40 Tp2 120.90/95 Tp3 119.55/60 while as breakout buy with Tp1 124.20/25 Tp2 125.10/15 Tp3 125.80/85

Chf/Jpy This pair is on downtrend, retracement at 82.10/15, as swing sell with Tp1 80.70/75 Tp2 80.35/40 Tp3 79.40/45 while as breakout buy with Tp1 82.65/70 Tp3 83.30/35 Tp3 83.80/85

Gbp/Chf This pair is on uptrend, retracement at 1.5010/20, as swing buy with Tp1 1.5065/70 Tp2 1.5085/90 Tp3 1.5105/10 while as breakout sell with Tp1 1.4990/95 Tp2 1.4980/85 Tp3 1.4950/55

Gold is on downtrend, retracement at 1569/70, as swing sell with Tp1 1532/33 Tp2 1518/19 Tp3 1504/05 while as breakout buy with Tp1 1582/83 Tp2 1591/92 Tp3 1614/15

Oil is on downtrend, retracement at 88.70/75, as swing sell with Tp1 85.60/65 Tp2 84.80/85 Tp3 82.40/45 while as breakout buy with Tp1 90.60/65 Tp2 92.15/20 Tp3 93.40/45

We have an Important News Release for the Dollar Currency:

- US ADP: Buy Usd/Chf & Usd/Jpy if 160K or better while Buy Euro/Usd & Gbp/Usd if worse than 100K

- US Preliminary GDP & Unemployment Claims: Buy Usd/Chf & Usd/Jpy if 2.2% or better for the first or/& 350K or better for the second while Buy Euro/Usd & Gbp/Usd if 1.6% or worse for the first or/& 380K or worse for the second

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 1st June 2012:

Short Term Signals:

Usd/Chf Buy at 0.9655/60 then 0.9630/35 then 0.9600/05, sell at 0.9750/55 then 0.9770/75 then 0.9810/15

Usd/Jpy Buy at 77.80/85 then 77.60/65 then 77.00/05, sell at 79.05/10 then 79.45/50 then 79.80/85

Euro/Usd Buy at 1.2305/10 then 1.2280/85 then 1.2230/35, sell at 1.2435/40 then 1.2465/70 then 1.2505/10

Gbp/Usd Buy at 1.5305/10 then 1.5260/65 then 1.5165/70, sell at 1.5530/35 then 1.5595/00 then 1.5665/70

Medium Term Daily Analysis:

Usd/Chf This pair is on uptrend, retracement at 0.9670/80, as swing buy with Tp1 0.9750/55 Tp2 High at 0.9770/75 Tp3 0.9810/15 while as breakout sell with Tp1 0.9655/60 Tp2 0.9630/35 Tp3 0.9600/05

Usd/Jpy This pair is on downtrend, low resistance at 78.45/50, break to retracement at 78.75/80, as swing sell with Tp1 low at 78.35/40 Tp2 77.80/85 Tp3 77.60/65 Tp4 77.00/05 while as breakout buy with Tp1 79.05/10 Tp2 79.45/50 Tp3 79.80/85

Euro/Usd This pair is on downtrend, retracement at 1.2410/20, as swing sell with Tp1 1.2305/10 Tp2 low at 1.2275/85 Tp3 1.2230/35 while as breakout buy with Tp1 1.2435/40 Tp2 1.2465/70 Tp3 1.2505/10

Gbp/Usd This pair is on downtrend, retracement at 1.5485/95, as swing sell with Tp1 1.5305/10 Tp2 1.5260/65 Tp3 1.5165/70 while as breakout buy with Tp1 1.5530/35 Tp2 1.5595/00 Tp3 1.5665/70

Usd/Cad This pair is on uptrend, retracement at 1.0290/00, as swing buy with Tp1 1.0390/95 Tp2 1.0420/25 Tp3 1.0475/80 while as breakout sell with Tp1 1.0245/50 Tp2 1.0210/15 Tp3 1.0165/70

Euro/Cad This pair is on downtrend, retracement at 1.2780/90, as swing sell with Tp1 low at 1.2715/20 Tp2 1.2685/90 Tp3 1.2645/50 while as breakout buy with Tp1 1.2820/25 Tp2 1.2850/55 Tp3 1.2885/90

Gbp/Cad This pair is on downtrend, low resistance at 1.5915/20, break to retracement at 1.5840/50, as swing sell with Tp1 1.5915/20 Tp2 1.5865/70 Tp3 1.5845/50 Tp4 1.5800/05 while as breakout buy with Tp1 1.5970/75 Tp2 1.6000/05 Tp3 1.6030/35

Aud/Usd This pair is on downtrend, retracement at 0.9760/70, as swing sell with Tp1 0.9660/65 Tp2 0.9625/30 Tp3 0.9580/85 while as breakout buy with Tp1 0.9790/5 Tp2 0.9820/25 Tp3 0.9870/75

Aud/Jpy This pair is on downtrend, retracement at 76.75/80, as swing sell with Tp1 75.45/50 Tp2 75.00/05 Tp3 74.35/40 while as breakout buy with Tp1 77.10/15 Tp2 77.55/60 Tp3 78.10/15

Nzd/Usd This pair is on downtrend, retracement at 0.7550/60, as swing sell with Tp1 0.7480/85 Tp2 0.7455/60 Tp3 0.7415/20 while as breakout buy with Tp1 0.7580/85 Tp2 0.7610/15 Tp3 0.7640/45

Euro/Jpy This pair is on downtrend, retracement at 97.75/80, as swing sell with Tp1 low at 96.65/75 Tp2 95.95/00 Tp3 95.55/60 Tp4 94.65/70 while as breakout buy with Tp1 98.05/10 Tp2 98.60/65 Tp3 99.25/30

Gbp/Jpy This pair is on downtrend, retracement at 121.95/00, as swing sell with Tp1 low at 120.55/65 Tp2 119.30/35 Tp3 118.70/75 Tp4 117.30/35 while as breakout buy with Tp1 122.50/55 Tp2 123.40/45 Tp3 124.35/40

Chf/Jpy This pair is on downtrend, retracement at 81.35/40, as swing sell with Tp1 low at 80.45/50 Tp2 79.90/95 Tp3 79.50/55 Tp4 78.75/80 while as breakout buy with Tp1 81.60/65 Tp2 82.10/15 Tp3 82.60/65

Gbp/Chf This pair is trying to base on downtrend, below retracement at 1.4970/80, as swing sell with Tp1 1.4905/10 Tp2 1.4885/90 Tp3 1.4830/35 while as breakout buy with Tp1 1.5025/30 Tp2 1.5065/70 Tp3 1.5095/00

Gold is on downtrend, retracement at 1566/67, as swing sell with Tp1 1547/48 Tp2 1541/42 Tp3 low at 1530/31 while as breakout buy with Tp1 1575/76 Tp2 1582/83 Tp3 1591/92

Oil is on downtrend, retracement at 87.60/65, as swing sell with Tp1 low at 85.85/90 Tp2 85.10/15 Tp3 84.40/45 Tp4 83.00/05 while as breakout buy with Tp1 88.35/40 Tp2 89.30/35 Tp3 90.30/35

We have Crucial News Releases today for the Swiss Franc, Sterling, Loonie, & Dollar Currency:

- CHF Retail Sales: Buy Usd/Chf, Euro/Chf, Gbp/Chf if 3% or lower while sell if 4% or higher

- UK Manufacturing PMI: Buy Gbp/Usd if 51 or better while sell if 47 or lower

- CAD GDP: Buy Usd/Cad if 0.2% or lower while sell if 0.6% or higher

- US NFP: Buy Usd/Chf & Usd/Jpy if 170K or better or/& 8.0%(or better like 7.9%) or 8.1% while Buy Euro/Usd & Gbp/Usd if 130K or worse or/& 8.2% or worse(like 8.3%)

- US ISM Manufacturing PMI: Buy Usd/Chf & Usd/Jpy if56 or better while Buy Euro/Usd & Gbp/Usd if 52 or worse

Have A Great Trading Day & A Lovely Weekend

 

Hello Traders,

Forex Signals & Analysis for 4th June 2012:

Short Term Signals:

Usd/Chf Buy at 0.9590/95 then 0.9560/65 then 0.9480/85, sell at 0.9765/70 then 0.9815/20 then 0.9865/70

Usd/Jpy Buy at 77.35/40 then 77.10/15 then 76.55/60, sell at 78.70/75 then 79.05/10 then 79.50/55

Euro/Usd Buy at 1.2290/95 then 1.2220/25 then 1.2155/60, sell at 1.2520/25 then 1.2560/65 then 1.2665/70

Gbp/Usd Buy at 1.5240/45 then 1.5185/90 then 1.5100/05, sell at 1.5470/75 then 1.5520/25 then 1.5610/15

Medium Term Daily Analysis:

Usd/Chf This pair is on uptrend, retracement at 0.9610/15, as swing buy with Tp1 0.9765/70 Tp2 0.9815/20 Tp3 0.9865/70 while as breakout sell with Tp1 0.9590/95 Tp2 0.9560/65 Tp3 0.9480/85

Usd/Jpy This pair is on downtrend, low resistance at 78.10/15, break is to retracement at 78.40/45, as swing sell with Tp1 low at 78.10/15 Tp2 77.35/40 Tp3 77.10/15 Tp4 76.55/60 while as breakout buy with Tp1 78.70/75 Tp2 79.05/10 Tp3 79.50/55

Euro/Usd This pair is on downtrend, retracement at 1.2490/95, as swing sell with Tp1 1.2290/95 Tp2 1.2220/25 Tp3 1.2155/60 while as breakout buy with Tp1 1.2520/25 Tp2 1.2560/65 Tp3 1.2665/70

Gbp/Usd This pair is on downtrend, retracement at 1.5420/30, as swing sell with Tp1 low at 1.5270/75 Tp2 1.5240/45 Tp3 1.5185/90 Tp4 1.5100/05 while as breakout buy with Tp1 1.5470/75 Tp2 1.5520/25 Tp3 1.5610/15

Usd/Cad This pair is on uptrend, retracement at 1.0340/50, as swing buy with Tp1 1.0480/85 Tp2 1.0510/15 Tp3 1.0585/90 while as breakout sell with Tp1 1.0305/10 Tp2 1.0260/65 Tp3 1.0205/10

Euro/Cad This pair is on uptrend, retracement at 1.2855/65, as swing buy with Tp1 1.3030/35 Tp2 1.3075/80 Tp3 1.3205/10 while as breakout sell with Tp1 1.2765/70 Tp2 1.2675/80 Tp3 1.2610/15

Gbp/Cad This pair is on downtrend, retracement at 1.5965/75, as swing sell with Tp1 1.5855/60 Tp2 1.5790/95 Tp3 1.5720/25 while as breakout buy with Tp1 1.6075/80 Tp2 1.6120/25 Tp3 1.6215/20

Aud/Usd This pair is on downtrend, retracement at 0.9710/20, as swing sell with Tp1 0.9570/75 Tp2 0.9515/20 Tp3 0.9450/55 while as breakout buy with Tp1 0.9780/85 Tp2 0.9820/25 Tp3 0.9910/15

Aud/Jpy This pair is on downtrend, retracement at 76.15/20, as swing sell with Tp1 74.25/30 Tp2 73.55/60 Tp3 72.70/75 while as breakout buy with Tp1 76.75/80 Tp2 77.35/40 Tp3 78.35/40

Nzd/Usd This pair is on downtrend, retracement at 0.7545/50, as swing sell with Tp1 0.7445/50 Tp2 0.7405/10 Tp3 0.7360/65, while as breakout buy with Tp1 0.7600/05 Tp2 0.7630/35 Tp3 0.7695/00

Euro/Jpy This pair is on downtrend, retracement at 97.40/50, as swing sell with Tp1 low at 96.20/30 Tp2 95.45/50 Tp3 94.75/80 Tp4 93.95/00 while as breakout buy with Tp1 98.05/10 Tp2 98.55/60 Tp3 99.65/70

Gbp/Jpy This pair is on downtrend, retracement at 120.90/00, as swing sell with Tp1 119.60/65 Tp2 118.25/30 Tp3 117.60/65 Tp4 116.40/45 while as breakout buy with Tp1 121.35/40 Tp2 122.10/15 Tp3 123.15/20

Chf/Jpy This pair is on downtrend, retracement at 81.10/15, as swing sell with Tp1 low at 80.10/15 Tp2 79.50/55 Tp3 78.90/95 Tp4 78.25/30 while as breakout buy with Tp1 81.60/65 Tp2 82.05/10 Tp3 82.95/00

Gbp/Chf This pair is on downtrend, retracement at 1.4900/10, as swing sell with Tp1 low at 1.4810/20 Tp2 1.4760/65 Tp3 1.4730/35 Tp4 1.4630/35 while as breakout buy with Tp1 1.4965/70 Tp2 1.5025/30 Tp3 1.5080/85

Oil is on downtrend, retracement at 83.35/40, as swing sell with Tp1 80.80/85 Tp2 79.65/70 Tp3 77.15/20 while as breakout buy with Tp1 86.70/75 Tp2 88.35/40 Tp3 90.10/15

Gold is on uptrend, retracement at 1595/96, as swing buy with Tp1 1665/66 Tp2 1684/85 Tp3 1739/40 while as breakout sell with Tp1 1549/50 Tp2 1513/14 Tp3 1483/84

* Many pairs will be trying to set a Medium Term Reversal today after Friday Very Bad NFP Numbers for the Dollar Currency. But the EuroZone Debt Crisis is still in the seen, this is why a deeper retracement is needed today to approve a breakout. So, I do not say Rain until I see Water dropping from the sky..

Take Note Crucial News Releases for many currencies will start from tomorrow and interest rates with Monetary Policies will be the main attention.

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 5th June 2012:

Short Term Signals:

Usd/Chf Buy at 0.9555/60 then 0.9530/35 then 0.9470/75, sell at 0.9690/95 then 0.9730/35 then 0.9765/70

Usd/Jpy Buy at 77.95/00 then 77.75/80 then 77.55/60, sell at 78.60/65 then 78.70/75 then 79.00/05

Euro/Usd Buy at 1.2390/95 then 1.2340/45 then 1.2295/00, sell at 1.2560/65 then 1.2585/90 then 1.2665/70

Gbp/Usd Buy at 1.5330/35 then 1.5305/10 then 1.5265/70, sell at 1.5430/35 then 1.5450/55 then 1.5490/95

Medium Term Daily Analysis:

Usd/Chf This pair is trying to base on downtrend, below retracement at 0.9625/35, as swing sell with Tp1 0.9555/60 Tp2 0.9530/35 Tp3 0.9470/75 while as breakout buy with Tp1 0.9690/95 Tp2 0.9730/35 Tp3 0.9765/70

Usd/Jpy This pair is on downtrend, retracement at 78.40/45, as swing sell with Tp1 77.95/00 Tp2 77.75/80 Tp3 77.55/60, while as breakout buy with Tp1 78.60/65 Tp2 78.70/75 Tp379.00/05

Euro/Usd This pair is trying to base on uptrend, above retracement at 1.2465/75, as swing buy with Tp1 1.2560/65 Tp2 1.2585/90 Tp3 1.2665/70 while as breakout sell with Tp1 1.2390/95 Tp2 1.2340/45 Tp3 1.2295/00

Gbp/Usd This pair is on downtrend, retracement at 1.5410/15, as swing sell with Tp1 1.5330/35 Tp2 1.5205/10 Tp3 1.5265/70 while as breakout buy with Tp1 1.5430/35 Tp2 1.5450/55 Tp3 1.5490/95

Usd/Cad This pair is on uptrend, retracement at 1.0365/75, as swing buy with Tp1 1.0450/55 Tp2 1.0475/80 Tp3 1.0510/15 while as breakout sell with Tp1 1.0340/45 Tp2 1.0320/25 Tp3 1.0275/80

Euro/Cad This pair is on uptrend, retracement at 1.2920/30, as swing buy with Tp1 1.3070/75 Tp2 1.3110/15 Tp3 1.3190/95 while as breakout sell with Tp1 1.2880/85 Tp2 1.2825/30 Tp3 1.2765/70

Gbp/Cad This pair is on downtrend, retracement at 1.6010/20, as swing sell with Tp1 1.5920/25 Tp2 1.5890/95 Tp3 1.5835/40 while as breakout buy with Tp1 1.6050/55 Tp2 1.6090/95 Tp3 1.6135/40

Aud/Usd This pair is on downtrend, retracement at 0.9750/60, as swing sell with Tp1 0.9625/30 Tp2 0.9580/85 Tp3 0.9535/40 while as breakout buy with Tp1 0.9790/95 Tp2 0.9815/20 Tp3 0.9890/95

Aud/Jpy This pair is on downtrend, retracement at 76.15/25, as swing sell with Tp1 75.25/30 Tp2 74.75/80 Tp3 74.35/40 while as breakout buy with Tp1 76.75/80 Tp2 77.00/05 Tp3 77.70/75

Nzd/Usd This pair is trying to base on uptrend, above retracement at 0.7550/55, as swing buy with Tp1 0.7615/20 Tp2 0.7645/50 Tp3 0.7695/00, as breakout sell with Tp1 0.7490/95 Tp2 0.7455/60 Tp3 0.7415/20

Euro/Jpy This pair is downtrend, retracement at 98.50/60, as swing sell with Tp1 96.80/85 Tp2 96.25/30 Tp3 95.85/90, while as breakout buy with Tp1 98.80/85 Tp2 99.60/65 Tp3 99.95/00 Tp4 100.30/35

Gbp/Jpy This pair is on downtrend, retracement at 120.85/95, as swing sell with Tp1 119.75/80 Tp2 119.35/40 Tp3 119.00/05 while as breakout buy with Tp1 120.95/00 Tp2 121.20/25 Tp3 121.75/80

Chf/Jpy This pair is on downtrend, retracement at 82.00/10, as swing sell with Tp1 80.55/60 Tp2 80.10/15 Tp3 79.70/75 while as breakout buy with Tp1 82.30/35 Tp2 82.95/00 Tp3 83.50/55

Gbp/Chf This pair is on downtrend, retracement at 1.4845/55, as swing sell with Tp1 1.4720/25 Tp2 1.4695/00 Tp3 1.4620/25 while as breakout buy with Tp1 1.4875/80 Tp2 1.4920/25 Tp3 1.4960/65

Oil is on downtrend, retracement at 84.85/90, as swing sell with Tp1 low at 83.15/20 Tp2 81.35/40 Tp3 80.00/05 Tp4 78.90/95 while as breakout buy with Tp1 85.70/75 Tp2 86.45/50 Tp3 88.50/55

Gold is on uptrend, retracement at 1603/04, as swing buy with Tp1 1632/33 Tp2 1638/39 Tp3 1648/49 while as breakout sell with Tp1 1598/99 Tp2 1588/89 Tp3 1576/77

We have Important News Releases today for the Aussie, Loonie & the Dollar Currency:

- Aud RBA Rate Decision & Statement: Buy Aud/Usd if rate kept at 3.75% or/& statement is Hawkish while sell if rate cut to 3.5% or lower or/& statement is Dovish

- Cad BOC Rate Decision and Statement: Buy Usd/cad if rate is cut to 0.75% or/& statement is Dovish while sell if rate is kept at 1% or raised or/& statement is Hawkish

- US ISM PMI: Buy Usd/Chf & Usd/Jpy if 55 or better while Buy Euro/Usd & Gbp/Usd if 51 or worse

*Take Note Traders, as said yesterday A Medium Term Reversal is trying to be set by many pairs, yesterday was the initial move while today might be the confirmation especially if a clear big movement is marked by the market or might those pairs consolidate waiting for coming days crucial news releases for the Euro, Sterling & Dollar Currency.

Aud/Usd and Usd/Cad(basically and those currency pairs generally) will be highly affected by their news releases that will decide direction for coming days and weeks.

Also, G7 Meetings will be at spotlight today especially for the Euro currency with current European Debt Crisis

Have A Great Trading Day

 

Hello Traders,

Forex Signals & Analysis for 6th June 2012:

Short Term Signals:

Usd/Chf Buy at 0.9565/70 then 0.9530/35 then 0.9485/90, sell at 0.9700/05 then 0.9730/35 then 0.9785/90

Usd/Jpy Buy at 78.05/10 then 77.70/75 then 77.35/40, sell at 79.20/25 then 79.45/50 then 79.95/00

Euro/Usd Buy at 1.2370/75 then 1.2330/35 then 1.2260/65, sell at 1.2550/55 then 1.2595/00 then 1.2655/60

Gbp/Usd Buy at 1.5310/15 then 1.5280/85 then 1.5245/50, sell at 1.5430/35 then 1.5455/60 then 1.5505/10

Medium Term Daily Analysis:

Usd/Chf This pair is on a turning point today, waiting for an approve of continuation(uptrend) or reversal of trend, will look to trade on the 0.9640/50 price level, Buy with Tp1 0.9700/05 Tp2 0.9730/35 Tp3 0.9785/90 while sell with Tp1 0.9565/70 Tp2 0.9530/35 Tp3 0.9485/90

Usd/Jpy This pair is also in same situation after a big weakness in the yen currency after Jun Azumi talks about watching closely forex prices and certain approve from G7 for some Multiple Intervention after BOJ was Intervening on its own in past occassions. Will Buy at 78.90/95 with Tp1 79.20/25 Tp2 79.45/50 Tp3 79.95/00 while will sell at 78.60/65 with Tp1 78.05/10 Tp2 77.70/75 Tp3 77.35/40

Euro/Usd This pair is in same situation with downtrend basis, will trade at the 1.2455/65 price level, buy with Tp1 1.2550/55 Tp2 1.2595/00 Tp3 1.2655/60 while sell with Tp1 1.2370/75 Tp2 1.2330/35 Tp3 1.2260/65

Gbp/Usd This pair is on downtrend, retracement at 1.5395/00, as swing sell with Tp1 1.5310/15 Tp2 1.5280/85 Tp3 1.5245/50 while as breakout buy with Tp1 1.5430/35 Tp2 1.5455/60 Tp3 1.5505/10

Usd/Cad This pair is on uptrend, retracement at 1.0365/75, as swing buy with Tp1 1.0425/30 Tp2 1.0450/55 Tp3 1.0475/80 while as breakout sell with Tp1 1.0340/45 Tp2 1.0320/25 Tp3 1.0285/90

Euro/Cad This pair is on uptrend, retracement at 1.2905/15, as swing buy with Tp1 1.3000/05 Tp2 1.3045/50 Tp3 1.3085/90 while as breakout sell with Tp1 1.2865/70 Tp2 1.2840/45 Tp3 1.2780/85

Gbp/Cad This pair is on downtrend, retracement at 1.5995/00, as swing sell with Tp1 1.5910/15 Tp2 1.5885/90 Tp3 1.5845/50 while as breakout buy with Tp1 1.6010/15 Tp2 1.6040/45 Tp3 1.6075/80

Aud/Usd This pair is traded today at the 0.9745/55 price level with downtrend basis, buy with Tp1 0.9810/15 Tp2 0.9840/45 Tp3 0.9885/90 while as breakout sell with Tp1 0.9680/85 Tp2 0.9655/60 Tp3 0.9605/10

Aud/Jpy This pair is traded today as breakout, buy at 77.00/05 with Tp1 77.20/25 Tp2 77.50/55 Tp3 78.10/15 while sell at 76.50/55 with Tp1 75.90/95 Tp2 75.50/55 Tp3 75.10/15

Nzd/Usd This pair is in conflict as yesterday trying to base on uptrend, traded at the 0.7650/60 price level, buy with Tp1 0.7615/20 Tp2 0.7640/45 Tp3 0.7680/85 while as breakout sell with Tp1 0.7500/05 Tp2 0.7475/80 Tp3 0.7430/35

Euro/Jpy This pair is traded as breakout, buy at 98.40/45 with Tp1 98.75/80 Tp2 99.05/10 Tp3 99.80/85 while sell at 97.80/85 with Tp1 97.00/05 Tp2 96.50/55 Tp3 96.00/05

Gbp/Jpy This pair is traded as breakout, buy at 122.30/35 with Tp1 123.30/35 Tp2 124.55/60 while sell at 121.00/05 with Tp1 119.75/80 Tp2 119.10/15 Tp3 118.50/55

Chf/Jpy This pair is traded as breakout today, buy at 81.90/95 with Tp1 82.20/25 Tp2 82.50/55 Tp3 83.15/20 while sell at 81.40/45 with Tp1 80.75/80 Tp2 80.30/35 Tp3 79.85/90

Gbp/Chf This pair is on downtrend, retracement at 1.4845/55, as swing sell with Tp1 1.4750/55 Tp2 1.4715/20 Tp3 1.4675/80 while as breakout buy with Tp1 1.4880/85 Tp2 1.4905/10 Tp3 1.4965/70

Oil is on downtrend, retracement at 84.55/60, as swing sell with Tp1 83.05/10 Tp2 low at 82.40/50 Tp3 81.70/75 while as breakout buy with Tp1 85.20/25 Tp2 85.75/80 Tp3 86.60/65

Gold is on uptrend, retracement at 1608/09, as swing buy with Tp1 1624/25 Tp2 1628/29 Tp3 1634/35 while as breakout sell with Tp1 1605/06 Tp2 1599/00

We have Crucial News releases today for the Aussie, Sterling, & Euro Currency:

- AUD GDP: Buy Aud/Usd if 0.7% or better while sell if 0.3% or worse

- UK Construction PMI: Buy Gbp/Usd if 56 or better while sell if 52 or worse

- Euro ECB Rate Deicison and President Mario Draghi Press Conference: Buy Euro/Usd if rate is increased to 1.25% or higher or/& Draghi talks are Hawkish while if 0.75% or lower or/& Draghi talks are Dovish

There are also some talks by Quatro FOMC Members which will effect the dollar currency despite that market will wait for Mr. Ben Genius talks tomorrow(Thursday)

* Most pairs are still on their main trend movement despite the TRY, even after the big weakness in yen currency, the yen pairs are still on downtrend and will need a big push upward(up the buy price levels) to change this view, maybe another intervention threatening comments by Noda or Azumi might hit the trigger..

Have A Great Trading Day

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