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  1. N

    Daily Analysis FX

    EUR/USD 1.0554. EUR tested close to 1.0600 as expected. Supports are at 1.0520 & 1.0500. While above these supports one more upside attempt to 1.0625/30 cannot be ruled out, but momentum is weakening. Generally expect a correction down to 1.0500/1.0490 initially. USD/CHF 1.3861. Dollar...
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    Daily Analysis FX

    EUR/USD.. 1.0554. Basically no change in view. Short term pictures continue to be positive for a test higher to 1.0600/30.Supports are at 1.0520 & 1.0500. From levels above 1.0600, chances are there for a decent retracement down to 1.0450 or 1.0360. But need to wait for confirmation of this down...
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    Daily Analysis FX

    EUR/USD 1.0564. EUR managed to break minor resistance at 1.0515 without any difficulty. Short term pictures continue to be positive for a test higher to 1.0620/30.Supports are at 1.0540 & 1.0525. USD/CHF 1.3820. Dollar tested our target near 1.3790 comfortably. The weakness should continue...
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    Daily Analysis FX

    OK, I will stop it. Good luck.
  5. N

    Daily Analysis FX

    EUR/USD 1.0514. EUR had turned up powerfully from our suggested target area near 1.0355 yesterday. Now corrective dip, if any to 1.0480/60 may be bought with stop below 1.0435 for a rise to 1.0565/80 or 1.0625/35. USD/CHF 1.3846. Dollar tested exactly 1.4085 as suggested before turning...
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    Daily Analysis FX

    Dollar hits fresh 3-year low of $1-0535 against the euro in broad-based sell-off and following PIMCO's report.
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    Daily Analysis FX

    EUR/USD went up to 1.0483 on PIMCO (Big US Funds) report that lower USD would help fight deflation being cited. Agressive short squeeze with stop losses being broken which first hurt USD/JPY, then more broad effect.
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    Daily Analysis FX

    EUR/USD 1.0422. The suggested drop to 1.0395 materialized. EUR may trade in 1.0390-1.0465 range for some time. Break below 1.0390 will add a little more weakness for a drift lower to 1.0355/30. USD/CHF 1.3983.Dollar is likely to trade in 1.3925-1.4035 range for some time. Break of 1.4035...
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    Daily Analysis FX

    If you want, I can only write the Analysis without the Source ???
  10. N

    Daily Analysis FX

    Thanks for your reply. I try to help the FX marker players to make monney in putting this daily analysis every day and I have received messages who told me that some members are interested in reading this, this is why I will continue to post the daily analysis till I receive an official message...
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    Daily Analysis FX

    EUR/USD 1.0444. EUR moved along expected lines to test just under 1.0500. Immediate outlook for EUR is for a drop to 1.0415/1.0395.Resistance is at 1.0465/70.Below 1.0395 it can try 1.0360/40 also. USD/CHF 1.3945.Short term Short term upside probes can test 1.3985/90 or 1.4025/30. Supports...
  12. N

    Daily Analysis FX

    EUR/USD 1.0434. EUR has entered into correction phase since testing 1.0500. Difficult to say if this correction is over. It may be trading a “B” wave with targets near 1.0465 & 1.0500 above which it can try 1.0535/65 also. Immediate supports are at 1.0400 & 1.0380.After this rise expect a...
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    Forex

    I think we should try to buy eur/usd around 1.0300-30, with a stop loss around 1.0200 for an move up to 1.0550. Good luck.
  14. N

    Forex

    The dollar powered its way Thursday to one of its best days in months, as a very strong manufacturing report pushed stocks higher and forced many currency traders to cover bearish dollar positions. After exiting 2002 on a whimper, the U.S. currency began the new year with a loud bang...
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    Forex

    With Japan on holiday, minor USD short-covering keeping the greenback steady with EUR/USD a tad softer at 1.0480 vs 1.0496 late NY Tue with offers above 1.05 keeping a lid on things. Key data coming up will be Dec's snapshot on manufacturing with EMU PMIs and ISM, injecting some direction in...
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    Sterling rises to 2-1/2 year high agst $-Dollar

    May I know why ???
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    Sharing Thoughts on Forex

    It is a market maker based in Geneva, Switzerland with a professional team from ex-swiss banks.
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    Sterling rises to 2-1/2 year high agst $-Dollar

    Cable rises above 1.6100 this morning, highest from 2-1/2 year. Looks like he will test again higher in coming days to around 1.6150-80.
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