Dynamic Pivots

Daily trades:

08/08 05:23 USD/CHF BUY 1.2669 1.2658 08/08 05:36 -11
08/08 07:05 EUR/USD BUY 1.2337 1.2362 08/08 08:13 25
08/08 07:08 USD/CHF SHORT 1.2646 1.2622 08/08 08:25 24
08/08 09:10 USD/CHF SHORT 1.2602 1.2603 08/08 10:57 -1


Daily results on Matsys T (2 lots): + 74 pips
 
Daily comment

Tue 9 Aug 2005

FOMC Day

All and one expects the "measured" .25 bp increase in the interest rate today. So, other than the usual turbulence at data time, that should not influence the eur/usd ratio. Now with the increasing interest differential and the inherent strength of the American economy why would we still be bullish on the euro during this period? Many factors -- independent of each other or intertwined -- govern modern day economy, but we believe that at least in the short run it all boils down to market sentiment. To influence the sentiments of the investors we have the record price of crude oil set yesterday, and there is the trade deficit spook waiting for us on Friday. In addition the euro zone shows signs of recovery, and although the new members do not have the euro yet, the expansion of the European Union towards east will undoubtedly spike the economy -- irrespective of the demise of the Nice Treaty. Unlike what the politicians would like you to believe, disagreement and inability to act on the political scene has never been bad for the economy.
 
Market comment:

US July Retail Sales data is due at 12:30. Still falling into the summer-sale period, expectations are for a strong 2% growth, the recent slow-down in store sales will only be felt in August’ data. US June Business Inventories are due at the same time as well as the weekly initial Jobless Claims expected to remain around the 312k seen last week.

The strong push higher in EURUSD has still not yet realized. While the pair has pushed for a new high of 1.2420 and continues to trade near the top, we still expect a stronger surge to reach above 1.2500. Meanwhile GBPUSD has pushed ahead to reach the 1.8000 level. This first target achieved, there is some risk of a short-tem dip as profits are taken. For now, stick with long positions, expect to rise to 1.8080 on the day. There is a short-term support at 1.7960, pivot for a possible fall to underlying trend support at 1.7890.
 
Dynamic Pivots

EUR/USD GBP/USD USD/CHF

Average True Range High Band
1.2461 1.7934 1.2703
Matsys Resistance
1.2409 1.7866 1.2643
Pivot Point
1.2353 1.7818 1.2578
Matsys Support
1.2301 1.7753 1.2521
Average True Range Low Band
1.2276 1.7701 1.2462


MACD - slow-fast-smooth

EUR/USD
07-13-08

GBP/USD
10-17-07

USD/CHF
08-11-06
 
Daily trades:

08/10 14:03 USD/CHF SHORT 1.2548 1.2565 08/10 14:48 -17
08/10 14:02 EUR/USD BUY 1.2398 1.2383 08/10 14:56 -15
08/10 19:00 EUR/USD BUY 1.2376 1.2378 1.2380 08/10 23:54 4

Daily result on Matsys T (2 lots): -56 pips



08/11 01:21 USD/CHF SHORT 1.2541 1.2534 08/11 04:39 7
08/11 05:32 GBP/USD BUY 1.8000 1.7983 08/11 05:36 -17
08/11 05:54 GBP/USD SHORT 1.7974 1.7975 08/11 06:56 -1
08/11 05:54 EUR/USD SHORT 1.2396 1.2403 08/11 07:07 -7
08/11 05:55 USD/CHF BUY 1.2544 1.2540 08/11 07:08 -4
08/11 07:09 USD/CHF SHORT 1.2535 1.2518 08/11 08:33 17
08/11 07:10 GBP/USD BUY 1.7995 1.8025 08/11 09:23 30
08/11 08:00 EUR/USD BUY 1.2424 1.2409 08/11 12:12 -15

Daily result on Matsys T (2 lots): +6 pips
 
Dynamic Pivots

EUR/USD GBP/USD USD/CHF

Average True Range High Band
1.2461 1.7934 1.2703
Matsys Resistance
1.2409 1.7866 1.2643
Pivot Point
1.2353 1.7818 1.2578
Matsys Support
1.2301 1.7753 1.2521
Average True Range Low Band
1.2276 1.7701 1.2462


Reversal Triggers - MACD Optimizer

MACD - slow-fast-smooth

EUR/USD
07-13-08

GBP/USD
10-17-07

USD/CHF
08-11-06
 
EMA Opt system , Real time (Test ) 8/11/05
PAIRS EUR/USD GBP/USD USD/CHF
SIGNALS 5-16 9-21 10-18

MACD Optimizer, Real time 8/11/05
PAIRS EUR/USD GBP/USD USD/CHF
SIGNALS 5-11-5 8-7-3 9-12-7

DYNAMIC PIVOTS, Real time 8/11/05
PAIRS ATR LB MS PIVOT MR AT HB
EUR/USD 12377 12406 12441 12504 12559
GBP/USD 18031 18065 18178 18227 18261
USD/CHF 12345 12371 12413 12493 12577

SHORT TERM BREAK POINTS 8/11/05
PAIRS SUPPORT BREAK POINTS RESISTANCE BREAK POINTS
EUR/USD 12411 12504
GBP/USD 18031 18227
USD/CHF 12371 12512
 
You must log in or register to reply here.
Back
Top