GBP/USD strategy

GBP/USD
Long term - down trend from 16 December 2004 with second main Resistance at 1.7720
Medium term - up trend from 28 November 2005 with first main Support at 1.7230
Buying (Short term positions)
Resistance: 1.7390, 1.7490, 1.7590, 1.7600, 1.7710
Support: 1.7230, 1.7050
 
06:15 am In addition local GBP/USD resistance at 1.7380
07:28 am we are near cable buying zone
08:21 am The pound does not want to begin without the economic data
08:26 am Cable accumulates orders at 1.7380
08:35 am 1.73568 buy
08:39 am buying zone 7340-7360
09:33 am cable 7367
09:37 am Cable accumulates buying orders at 1.7380
09:47 am Close deal
 
US Dollar Index
Selling
GBP/USD
Long term - down trend from 16 December 2004 with second main Resistance at 1.7720
Medium term - up trend from 28 November 2005 with first main Support at 1.7230
Buying (Short term positions)
Resistance: 1.7390, 1.7490, 1.7590, 1.7600, 1.7710
Support: 1.7230, 1.7050
EUR/USD
Long term - down trend from 30 December 2004 with second main Resistance at 1.2150
Medium term - up trend from 15 November 2005 with first main Support at 1.1850
Buying (Short term positions)
Resistance: 1.1980, 1.2035, 1.2065, 1.2150
Support: 1.1900, 1.1850
USD/CHF
Long term - up trend from 30 December 2004 with second main Support at 1.2730
Medium term - main Resistance at 1.3230
Selling (Short term positions)
Resistance: 1.3230, 1.3290
Support: 1.2920, 1.2900, 1.2870, 1.2820, 1.2730
USD/JPY
Long term - up trend from 17 January 2005
Buying
Resistance: 119.15, 119.45
Support: 118.50, 116.65, 115.60
GBP/JPY
Long term - up trend
Buying
EUR/JPY
Long term - up trend
Buying
EUR/GBP
Buying
DJIA
Buying
AUD/USD
Buying
 
20 March 2006, Monday
FX Strategy
US Dollar Index
Selling
GBP/USD
Long term - down trend from 16 December 2004 with second main Resistance at 1.7680
Medium term - up trend from 28 November 2005 with first main Support at 1.7235
Buying (Short term positions).
Resistance: 1.7590, 1.7600, 1.7635, 1.7680
Support: 1.7510, 1.7495, 1.7390, 1.7245, 1.7050
EUR/USD
Long term - down trend from 30 December 2004 with first main Resistance at 1.2500
Fibonacci level 38.2% at 1.2410
Medium term - up trend from 15 November 2005 with first main Support at 1.1875
Buying (Short term positions)
Resistance: 1.2335
Support: 1.2165, 1.2065, 1.1985, 1.1900, 1.1875
Fibonacci level 23.6% at 1.2120
USD/CHF
Long term - up trend from 30 December 2004 with second main Support at 1.2750
Medium term - main Resistance at 1.3230
Selling (Short term positions)
Resistance: _1.3230, 1.3290
Support: 1.2820, 1.2750
USD/JPY
Long term - up trend from 17 January 2005
Selling (Short term positions)
Resistance: 116.75, 118.50, 119.00, 119.45
Support: 115.70, 115.15, 113.90, 113.65
GBP/JPY
Long term - up trend
Selling
EUR/JPY
Long term - up trend
Selling
EUR/GBP
Buying
DJIA
Buying
AUD/USD
Selling
 
US Dollar Index
Neutral or Buying
GBP/USD
Long term - down trend from 16 December 2004 with second main Resistance at 1.7680
Medium term - up trend from 28 November 2005 with first main Support at 1.7250
Neutral or Selling (Short term positions).
Resistance: 1.7590, 1.7600, 1.7645, 1.7680
Support: 1.7455, 1.7390, 1.7250
EUR/USD
Long term - down trend from 30 December 2004 with first main Resistance at 1.2490
Medium term - up trend from 15 November 2005 with first main Support at 1.1880
Neutral or Selling (Short term positions)
Resistance: 1.2165, 1.2260, 1.2325, 1.2335
Support: 1.2065, 1.1985, 1.1900, 1.1880
Fibonacci level 38.2% at 1.2410
Fibonacci level 23.6% at 1.2120
USD/CHF
Long term - up trend from 30 December 2004 with second main Support at 1.2760
Medium term - main Resistance at 1.3220
Neutral or Buying (Short term positions)
Resistance: _1.3220, 1.3290
Support: 1.2870, 1.2820, 1.2760
Fibonacci level 23.6% at 1.2820
USD/JPY
Long term - up trend from 17 January 2005
Buying (Short term positions)
Resistance: 118.50, 119.00, 119.45
Support: 116.65, 115.80, 115.15
GBP/JPY
Long term - up trend
Buying
EUR/JPY
Long term - up trend
Buying
EUR/GBP
Neutral
DJIA
Neutral
AUD/USD
Selling
 
FX Strategy
US Dollar Index
Selling
GBP/USD
Long term - down trend from 16 December 2004 with second main Resistance at 1.7650
Medium term - up trend from 28 November 2005 with first main Support at 1.7260
Selling (Short term positions).
Resistance: 1.7490, 1.7590, 1.7600, 1.7650
Support: 1.7260
Fibonacci level 38.2% at 1.8000
Fibonacci level 23.6% at 1.7635
EUR/USD
Long term - down trend from 30 December 2004 with first main Resistance at 1.2470
second Resistance at 1.2175
Medium term - up trend from 15 November 2005 with first main Support at 1.1900
Selling (Short term positions)
Resistance: 1.2065, 1.2110, 1.2175, 1.2210
Support: 1.1900
Fibonacci level 38.2% at 1.2410
Fibonacci level 23.6% at 1.2120
USD/CHF
Long term - up trend from 30 December 2004 with second main Support at 1.2780
Medium term - main Resistance at 1.3220
Buying (Short term positions)
Resistance: _1.3220, 1.3290
Support: 1.2870, 1.2820, 1.2780
Fibonacci level 23.6% at 1.2820
USD/JPY
Long term - up trend from 17 January 2005
Buying (Short term positions)
Resistance: 118.50, 118.80, 119.20
Support: 115.75
GBP/JPY
Long term - up trend
Selling
EUR/JPY
Long term - up trend
Selling
EUR/GBP
Buying
DJIA
Buying
AUD/USD
Selling

Ecomomic Data 27 March 2006
07:45 France Business confidence (March) - 105

Ecomomic Data 28 March 2006
08:30 UK BoE King speaks
09:00 Germany IFO business climate index (March) 102.8 103.3
14:55 USA Redbook (25.03)
16:00 USA Consumer confidence (March) 101.8 101.7
20:15 USA FOMC meeting announcement
 
FX Strategy

US Dollar Index
Buying strategy
Will go to 90.25? Resistance?

EUR/USD
Selling strategy (Short term positions)
Long term - down trend from 30 December 2004 with first main Resistance at 1.2460
Medium term - up trend from 15 November 2005 with first main Support at 1.1915
Resistance: 1.2165, 1.2325
Support: 1.2065, 1.1985, 1.1915
Fibonacci level 38.2% at 1.2410
Fibonacci level 23.6% at 1.2120

GBP/USD - "Cable"
Selling or Neutral strategy (Short term positions).
Long term - down trend from 16 December 2004 with second main Resistance at 1.7610
Medium term - up trend from 28 November 2005 with first main Support at 1.7270
Resistance: 1.7495, 1.7600, 1.7610, 1.7680
Support: 1.7390, 1.7270
Fibonacci level 38.2% at 1.8000
Fibonacci level 23.6% at 1.7635

USD/CHF
Buying strategy or Neutral (Short term positions)
Long term - up trend from 30 December 2004 with second main Support at 1.2820
Medium term - main Resistance at 1.3220
Resistance: _1.3220, 1.3290
Support: 1.2820
Fibonacci level 23.6% at 1.2820

USD/JPY
Buying strategy (Short term positions)
Buying (Long term positions with stop-loss orders on the (FXSS) level)
Long term - up trend from 17 January 2005
Big Triangle from 5 December 2005
Resistance: 118.60, 119.20
Support: 116.80, 116.50

GBP/JPY
Long term - up trend
Buying strategy

EUR/JPY
Long term - up trend
Buying or Neutral strategy

EUR/GBP
Selling strategy

DJIA
Selling Strategy

AUD/USD
Neutral or Buying strategy
 
24 April 2006, Monday
06:11 am Hello
06:48 am Cable is near buying zone.
10:03 am Cable up to 7910. Local targets levels 7920, 7945

FX Strategy
US Dollar Index
Selling strategy
EUR/USD
Buying strategy (Short term positions)
Buying strategy (Long term positions. First target level 1.2410 24.04.2006).
Long term - down trend from 30 December 2004 with first main Resistance at 1.2420
Medium term - up trend from 15 November 2005 with first main Support at 1.1950
Resistance: 1.2400, 1.2410, 1.2420
Support: 1.2220, 1.2110, 1.2020, 1.1950
Fibonacci level 38.2% at 1.2410
Fibonacci level 23.6% at 1.2120
GBP/USD - "Cable"
Buying strategy (Short term positions).
Buying strategy (Long term positions. Target level 1.8210 24.04.2006).
Long term - down trend from 16 December 2004 with first main Resistance at 1.8210
Medium term - up trend from 28 November 2005 with first main Support at 1.7290
Resistance: 1.7935, 1.8000
Support: 1.7730, 1.7680, 1.7635, 1.7600
Fibonacci level 38.2% at 1.8000
Fibonacci level 23.6% at 1.7635
USD/CHF
Selling strategy (Short term positions)
Selling strategy (Long term positions)
Long term - up trend from 30 December 2004 with first main Support at 1.2670
Medium term - main Resistance at 1.3210
Resistance: 1.2820, 1.3070_
Support: 1.2670, 1.2530
Fibonacci level 23.6% at 1.2820
Fibonacci level 30.2% at 1.2530
USD/JPY
Selling (Short term positions)
Selling (Long term positions with stop-loss orders on the (FXSS) level)
Long term - up trend from 17 January 2005. Long term support are broken.
Big Triangle from 5 December 2005. Triangle are broken.
Resistance: 116.70
Support: 113.90
Fibonacci level 23.6% at 116.75
Fibonacci level 38.2% at 113.90
GBP/JPY
Long term - up trend
Neutral or Buying strategy
EUR/JPY
Long term - up trend
Neutral or Buying or Neutral strategy
EUR/GBP
Buying strategy
DJIA
Small Buying Strategy
AUD/USD
Buying strategy or Neutral
 
US Dollar Index
Selling strategy
EUR/USD
Buying strategy (Short term positions)
Buying strategy (Long term positions).
Long term - up trend from 15 November 2005 with first main Support at 1.1990
Resistance: 1.2890, 1.2980
Support: 1.2660
Fibonacci level 61.8% at 1.2890
Fibonacci level 50.0% at 1.2650
Fibonacci level 38.2% at 1.2410
Fibonacci level 23.6% at 1.2120
GBP/USD - "Cable"
Buying strategy (Short term positions).
Buying strategy (Long term positions).
Long term - up trend from 28 November 2005 with first main Support at 1.7320
Resistance: 1.9000
Support: 1.8750, 1.8530
Fibonacci level 61.8% at 1.8600
Fibonacci level 50.0% at 1.8300
Fibonacci level 38.2% at 1.8000
Fibonacci level 23.6% at 1.7635
USD/CHF
Selling strategy (Short term positions)
Selling strategy (Long term positions)
Long term - down trend from 16 November 2005
Resistance: 1.2180, 1.2250_
Support: 1.1920
Fibonacci level 23.6% at 1.2820
Fibonacci level 30.2% at 1.2530
Fibonacci level 50.0% at 1.2290
Fibonacci level 61.8% at 1.2050
USD/JPY
Selling or Neutral (Short term positions)
Selling (Long term positions with stop-loss orders on the (FXSS) level)
Resistance: 110.90
Support: 109.30
Fibonacci level 23.6% at 116.75
Fibonacci level 38.2% at 113.90
Fibonacci level 50.0% at 111.60
GBP/JPY
Long term - up trend
Selling strategy
EUR/JPY
Long term - up trend
Selling strategy
EUR/GBP
Selling strategy or Neutral
DJIA
Small Buying Strategy or Neutral.
AUD/USD
Buying strategy

Economic Data 17 May 2006
05:30 Japan Industrial output (March) final 0.2% 0.2% 0.2%
05:30 Japan Industrial output (March) final Y/Y 3.1% 3.1% 3.1%
09:30 UK Claimant count (April) +6.8K +12.6K
09:30 UK Claimant count rate (April) 3.0% 3.0%
09:30 UK Average earnings (3 months to March) Y/Y 4.3% 3.8%
09:30 UK ILO Jobless rate (3 months to March) - 5.1%
09:30 UK BoE meeting minutes (03-04.05)
10:00 EU(12) Harmonized CPI (April) final - 0.6%
10:00 EU(12) Harmonized CPI (April) final Y/Y 2.4% 2.2%
10:00 EU(12) Harmonized CPI ex EFAT (April) Y/Y - 1.3%
13:30 USA CPI (April) 0.5% 0.4%
13:30 USA CPI (April) Y/Y - 3.4%
13:30 USA CPI excluding food and energy (April) 0.2% 0.3%
13:30 USA CPI excluding food and energy (April) Y/Y - 2.1%
 
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