The EURO

if I had to make a call about week Low and high
1.2140 to 1.18 this week for euro

+
Cable high...this week 1.7720 with Low 1.74


correction about eur/cad

entry short 1.39 area pt at
1.3500
 
If spot holds doesn't hold here at the 1.2078 level today and closes in the 1.2050's, it is very bearish and will likely see a test of the 1.1830's soon. If it does hold and moves out into the 1.2120's, then I would not be surprised to see it move to 1.2347 or 1.2600 next month.

Should be an exciting week.

DRT
 
Now this what I have
Pair High Low
EURUSD 1.2118 1.2064
USDJPY 118.02 116.88
GBPUSD 1.7711 1.7627
USDCHF 1.2911 1.2790
EURCHF 1.5582 1.5497
AUDUSD 0.7522 0.7468
USDCAD 1.1529 1.1422
NZDUSD 0.6834 0.6794
EURGBP 0.6855 0.6827
EURJPY 142.48 141.54
GBPJPY 208.31 206.74
CHFJPY 91.5770 91.1175
GBPCHF 2.2799 2.2614
EURAUD 1.6164 1.6081
EURCAD 1.3966 1.3784
AUDCAD 0.8666 0.8535
AUDNZD 1.1041 1.0947


by friday this what exepct
EURUSD 1.2081 1.1851
USDJPY 120.17 119.91
GBPUSD 1.7657 1.7472
USDCHF 1.3104 1.2937
EURCHF 1.5644 1.5534
AUDUSD 0.7492 0.7466
USDCAD 1.1490 1.1386
NZDUSD 0.6821 0.6785
EURGBP 0.6819 0.6804
EURJPY 143.86 143.55
GBPJPY 211.49 210.25
CHFJPY 92.520 91.799
GBPCHF 2.2905 2.2845
EURAUD 1.6029 1.5954
EURCAD 1.3697 1.3674
AUDCAD 0.8615 0.8492
AUDNZD 1.1044 1.0925
 
Buy1sell2,

That MACD Divergence in the intraday is not nearly as impressive as the MACD Divergence in the Daily charts. Although, a test long position with a close stop around today's lows might be in order. I would be very hesitant to fight the longer term time frame.

Regards
Steve
 
USDJPY is the Highest if U long

EURUSD sell 0.074%
USDJPY Buy 2.596%
GBPUSD sell 0.110%
USDCHF Buy 1.153%
EURCHF Buy 0.242%
AUDUSD sell 0.061%
USDCAD sell 0.078%
NZDUSD sell 0.027%
EURGBP sell 0.072%
EURJPY Buy 1.424%
GBPJPY Buy 1.697%
CHFJPY Buy 0.749%
GBPCHF Buy 1.021%
EURAUD sell 0.269%
EURCAD sell 0.537%
AUDCAD sell 0.102%
 
Gee Steve, all I have to do is pull up some moving averages to find winning trades? I didn't know trading was so easy. Perhaps I should teach my nine-year-old nephew to trade forex. Perhaps even my pet dog.
 
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