Showing posts with label Forex. Show all posts
Showing posts with label Forex. Show all posts

Tuesday, November 27, 2012

Forex Outlook

EURUSD
Short bias under 1.29264

GBPUSD
Short bias under 1.60067

USDCHF
Long bias over .93160

AUDUSD
Short bias under 1.04341


Monday, April 18, 2011

USDJPY, AUDUSD

USDJPY-Looking to short this, after break of 200 EMA.  Looking for this to test the major support area of 81.33.  Weekly chart shows a nice bounce off the 50 EMA

AUDUSD-Also looking to short this.  Seems like it can't bust through the high of 1.057, so i think it will pullback and test the1.205 support level
I got stopped out of my EURUSD long for -30 pips

Saturday, April 16, 2011

Forex Analysis

EURUSD- I'm still long EURUSD from the 1.4295 breakout of November 2010.  I'm looking for the 1.4600 area, but I'm a little worried about the price action right now, it seems to be flirting with January 2010 high resistance. 

USDJPY- USDJPY looks prime for a long position right now.  Its right at the 200 day EMA, and the 50% retracement fib level. I'm going to be watching this pair closely. Tomorrow should be interesting.

I'm still trying to get charts up.