Topic: daily analysis EUR\USD
22\4\2009
EUR
we see in euro 4 hour chart flag and it continue patten and it under 61.8% of Fibonacci correction so i guess it go to 1.2800 at least intra-day
the trade rang today 1.2500 : 1.3110
Re: daily analysis EUR\USD
While recent rally in EUR/USD continued last week, upside momentum continued diminish on mild bearish divergence conditions in 4 hours MACD and RSI. Nevertheless, there is no sign of topping yet as long as 1.4884 minor support holds and further rally to 100% projection of 1.4177 to 1.4842 from 1.4483 at 1.5148 cannot be ruled out. But upside would likely be limited there and bring pull back. Below 1.4884 minor support will indicate that a short term top should at least be formed and bring fall to 1.4483 support in this case. [actionforex]
"P&F EURUSD240 Box Size 120X4 or(3.38%) HI/LO
Data 1.6038 - 1.2329 ~ 15 Month ~ 470.33 Day
Database 2000 records 1.50072 (Last Close)
2008-07-10 12~00
2009-10-23 20~00 (GMT+01:00) Paris
BJF Trading Group chart"
1.5960|~12O||__x_____________________________________|0.49%|29.45%
1.5840|~24O||__x_o___________________________________|1.23%|28.48%
1.5720|~36O||__x_o___________________________________|1.98%|27.5%
1.5600|~48O||__x_o___________________________________|2.73%|26.53%
1.5480|~6OO||____o___________________________________|3.48%|25.56%
1.5360|~72O||____o___________________________________|4.23%|24.58%
1.5240|~84O||____o___________________________________|4.98%|23.61%
1.5120|~96O||____o___________________________________|5.72%|22.64%
1.5000|~1O8O|____o_________________________________x_|6.47%|21.66%
1.4880|~12OO|____o_________________________________x_|7.22%|20.69%
1.4760|~132O|====o=x===============================x=|7.97%|19.72%
1.4640|~144O|====o=x=o=============x===============x=|8.72%|18.74%
1.4520|~156O|____o_x_o_____________x_o_____________x_|9.47%|17.77%
1.4400|~168O|____o_x_o_____________x_o_____________x_|10.21%|16.8%
1.4280|~18OO|____o_x_o_____________x_o_________x___x_|10.96%|15.82%
1.4160|~192O|____o_x_o_____________x_o_________x_o_x_|11.71%|14.85%
1.4040|~2O4O|____o_x_o_____________x_o_________x_o_x_|12.46%|13.88%
1.3920|~216O|____o___o_____________x_o_________x_o_x_|13.21%|12.9%
1.3800|~228O|________o_____________x_o_________x_o___|13.95%|11.93%
1.3680|~24OO|________o_____________x_o_____x___x_____|14.7%|10.96%
1.3560|~252O|________o_____________x_o_____x_o_x_____|15.45%|9.98%
1.3440|~264O|________o_____________x_o_____x_o_x_____|16.2%|9.01%
1.3320|~276O|________o_____________x_o_x___x_o_x_____|16.95%|8.04%
1.3200|~288O|________o_x___________x_o_x_o_x_o_x_____|17.7%|7.06%
1.3080|~3OOO|________o_x_o_x___x___x_o_x_o_x_o_x_____|18.44%|6.09%
1.2960|~312O|________o_x_o_x_o_x_o_x_o_x_o_x_o_______|19.19%|5.12%
1.2840|~324O|________o_x_o_x_o_x_o_x_o___o_x_________|19.94%|4.14%
1.2720|~336O|________o_x_o_x_o_x_o_x_____o_x_________|20.69%|3.17%
1.2600|~348O|________o_x_o___o_x_o_______o_x_________|21.44%|2.2%
1.2480|~36OO|________o_x_____o___________o___________|22.18%|1.22%
1.2360|~372O|________o_______________________________|22.93%|0.25%
1.2240|~384O|________________________________________|23.68%|-0.72%
Column|~396O|0_4_177_207_5_4_5_5_4_17154_7_106_114_10|
CountRe: daily analysis EUR\USD
The estimated test of key resistance range levels has been confirmed, but relative rise in buying activity, marked by OsMA trend indicator, did not favor immediate implementation of the pre-planned short positions. Nevertheless, in the bigger picture, considering close parity of both party activity while rate is contained within the borders of Ichimoku cloud, we can assume probability of rate range movement with attainment of close border of the cloud at 1,4980/1,5000 levels, where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales on condition of the formation of topping signals the targets will be 1,4920/40 and (or) further break-out variant up to 1,4860/80, 1,4800/20. The alternative for buyers will be above 1,5080 with the targets of 1,5120/40, 1,5180/1,5200, 1,5240/60.[actionforex]
"P&F EURUSD1440 Box Size 150X3 or(3.25%) HI/LO
Data 1.6038 - 1.1639 ~ 49 Month ~ 1477 Day
Database 1050 records 1.4974 (Last Close)
2005-10-31 00~00
2009-11-16 00~00 (GMT+01:00) Paris
BJF Trading Group chart"
1.6050|~15O||_____________________________|-0.07%|37.9%
1.5900|~3OO||________X_X_X________________|0.86%|36.61%
1.5750|~45O||________XoXoXo_______________|1.8%|35.32%
1.5600|~6OO||________XoXoXo_______________|2.73%|34.03%
1.5450|~75O||________Xo_oXo_______________|3.67%|32.74%
1.5300|~9OO||________X__o_o_______________|4.6%|31.45%
1.5150|~1O5O|________X____o_______________|5.54%|30.17%
1.5000|~12OO|________X____o______________X|6.47%|28.88%
1.4850|~135O|____X_X_X____oX_____________X|7.41%|27.59%
1.4700|~15OO|____XoXoX____oXo______X_____X|8.34%|26.3%
1.4550|~165O|____XoXoX____oXo______Xo____X|9.28%|25.01%
1.4400|~18OO|____Xo_o_____oXo______Xo____X|10.21%|23.72%
1.4250|~195O|____X________oXo______Xo__X_X|11.15%|22.43%
1.4100|~21OO|____X________oXo______Xo__XoX|12.08%|21.14%
1.3950|~225O|____X________o_o______Xo__XoX|13.02%|19.86%
1.3800|~24OO|____X__________o______Xo__Xo_|13.95%|18.57%
1.3650|~255O|____X__________o______XoX_X__|14.89%|17.28%
1.3500|~27OO|____X__________o______XoXoX__|15.82%|15.99%
1.3350|~285O|__X_X__________o______XoXoX__|16.76%|14.7%
1.3200|~3OOO|__XoX__________oX_____XoXoX__|17.7%|13.41%
1.3050|~315O|__XoX__________oXoX_X_XoXoX__|18.63%|12.12%
1.2900|~33OO|__Xo___________oXoXoXoXoXo___|19.57%|10.83%
1.2750|~345O|__X____________oXoXoXoXoX____|20.5%|9.55%
1.2600|~36OO|__X____________oXo_oXo_o_____|21.44%|8.26%
1.2450|~375O|__X____________o___o_________|22.37%|6.97%
1.2300|~39OO|X_X__________________________|23.31%|5.68%
1.2150|~4O5O|XoX__________________________|24.24%|4.39%
1.2000|~42OO|XoX__________________________|25.18%|3.1%
1.1850|~435O|Xo___________________________|26.11%|1.81%
1.1700|~45OO|_____________________________|27.05%|0.52%
1.1550|~465O|_____________________________|27.98%|-0.76%
Column|~48OO|43131333133441615434431175938|
Count|~495O||__O_3___O____3_6______44_____|Re: daily analysis EUR\USD
EUR/USD Weekly Outlook
"P&F EURUSD1440 Box Size 250X3 or(6.06%) CLOSE
Data 1.5997 - 0.8747 ~ 91 Month ~ 2794 Day
Database 2000 records 1.49869 (Last Close)
2002-04-04 00~00
2009-11-27 00~00 (GMT+01:00) Paris
BJF Trading Group chart"
1.6000|~25O||____________________________________|-0.02%|82.92%
1.5750|~5OO||__________________x_________________|1.54%|80.06%
1.5500|~75O||__________________x_o_______________|3.11%|77.2%
1.5250|~1OOO|__________________x_o_______________|4.67%|74.35%
1.5000|~125O|__________________x_o_____________x_|6.23%|71.49%
1.4750|~15OO|__________________x_o_x___________x_|7.8%|68.63%
1.4500|~175O|__________________x_o_x_o_________x_|9.36%|65.77%
1.4250|~2OOO|__________________x_o_x_o_x_______x_|10.92%|62.91%
1.4000|~225O|__________________x_o_x_o_x_o_____x_|12.48%|60.05%
1.3750|~25OO|__________________x_o___o_x_o_____x_|14.05%|57.2%
1.3500|~275O|__________x_______x_____o_x_o_x___x_|15.61%|54.34%
1.3250|~3OOO|__________x_o_____x_____o_x_o_x_o_x_|17.17%|51.48%
1.3000|~325O|__________x_o_____x_____o_x_o_x_o_x_|18.73%|48.62%
1.2750|~35OO|______x___x_o_____x_____o_x_o_x_o___|20.3%|45.76%
1.2500|~375O|______x_o_x_o_x___x_____o_x_o_______|21.86%|42.91%
1.2250|~4OOO|______x_o_x_o_x_o_x_____o___________|23.42%|40.05%
1.2000|~425O|______x_o_x_o_x_o_x_________________|24.99%|37.19%
1.1750|~45OO|__x___x_o___o___o_x_________________|26.55%|34.33%
1.1500|~475O|__x_o_x_________o___________________|28.11%|31.47%
1.1250|~5OOO|__x_o_x_____________________________|29.67%|28.62%
1.1000|~525O|__x_o_x_____________________________|31.24%|25.76%
1.0750|~55OO|__x_o_______________________________|32.8%|22.9%
1.0500|~575O|__x_________________________________|34.36%|20.04%
1.0250|~6OOO|__x_________________________________|35.93%|17.18%
1.0000|~625O|__x_________________________________|37.49%|14.32%
0.9750|~65OO|__x_________________________________|39.05%|11.47%
0.9500|~675O|__x_________________________________|40.61%|8.61%
0.9250|~7OOO|__x_________________________________|42.18%|5.75%
0.9000|~725O|o_x_________________________________|43.74%|2.89%
0.8750|~75OO|o___________________________________|45.3%|0.03%
0.8500|~775O|o___________________________________|46.87%|-2.82%
Column|~8OOO|3_124_8_4_7_7_3_4_178_4_108_7_4_3_9_|
Count
Re: daily analysis EUR\USD
The second week of the New Year did not offer much in terms of breakouts from the recent consolidation ranges. Fundamentals reflect a slow recovery and risk appetite also remained subdued this week after some initial rally. Let's take a look at some major currency pairs.
EUR/USD Stalking Consolidation
Daily and 4H: The EUR/USD is heading back to the support of its consolidation. The stochastic in the daily has crossed and today’s price action seems to be very aggressive, though we still have a few hours to go.
Looking at the 4H time-frame, it will be interesting to see if the 78.6% retracement level at 1.4330 can hold. This may give way to a throwback scenario, which does not have to reach 1.4450, but it is a preferred scenario as this will make this previous support into resistance.
If the decline then continues a swing, it is projected to the 1.4200 area. If 1.4200 breaks, this is the decline to start the continuation towards the 1.37-1.38 area (61.8% retracement in the daily time-frame).[Written by CMS Forex]
"P&F EURUSD1440 Box Size 75X3 or(1.6%) HI/LO
Data 1.5135 - 1.2924 ~ 9 Month ~ 275 Day
Database 1050 records 1.4387 (Last Close)
2009-04-15 00~00
2010-01-15 00~00 (GMT+01:00) Paris
BJF Trading Group chart"
1.5150|~75|||____________________________|-0.1%|17.22%
1.5075|~15O||_______________________X_X__|0.4%|16.64%
1.5000|~225||_____________________X_XoXo_|0.89%|16.06%
1.4925|~3OO||_____________________XoXoXo_|1.39%|15.48%
1.4850|~375||_____________________XoXo_o_|1.88%|14.9%
1.4775|~45O||___________________X_XoX__o_|2.38%|14.32%
1.4700|~525||___________________XoXoX__o_|2.87%|13.74%
1.4625|~6OO||___________________XoXo___o_|3.37%|13.16%
1.4550|~675||===================Xo=====oX|3.87%|12.58%
1.4475|~75O||___________________X______oX|4.36%|12%
1.4400|~825||_______________X_X_X______oX|4.86%|11.42%
1.4325|~9OO||_______X_______XoXoX______oX|5.35%|10.84%
1.4250|~975||=======Xo====X=XoXoX======o=|5.85%|10.26%
1.4175|~1O5O|_______XoX_X_XoXoXo_________|6.34%|9.68%
1.4100|~1125|_______XoXoXoXoXo___________|6.84%|9.1%
1.4025|~12OO|_____X_XoXoXoXo_____________|7.33%|8.52%
1.3950|~1275|_____XoXoXoXoX______________|7.83%|7.94%
1.3875|~135O|_____XoXo_oXo_______________|8.33%|7.36%
1.3800|~1425|_____Xo___o_________________|8.82%|6.78%
1.3725|~15OO|_____X______________________|9.32%|6.2%
1.3650|~1575|___X_X______________________|9.81%|5.62%
1.3575|~165O|___XoX______________________|10.31%|5.04%
1.3500|~1725|___XoX______________________|10.8%|4.46%
1.3425|~18OO|___Xo_______________________|11.3%|3.88%
1.3350|~1875|___X________________________|11.79%|3.3%
1.3275|~195O|_X_X________________________|12.29%|2.72%
1.3200|~2O25|_XoX________________________|12.78%|2.14%
1.3125|~21OO|_XoX________________________|13.28%|1.56%
1.3050|~2175|oXoX________________________|13.78%|0.97%
1.2975|~225O|oXo_________________________|14.27%|0.39%
1.2900|~2325|o___________________________|14.77%|-0.19%
Column|||||||3549383764554535443836563314|
Count||||||||__________________________1_|
Re: daily analysis EUR\USD
EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are neutral, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.4793 and 1.4169.
Yesterday's break below 1.3550 cleared the road for another test at 1.3342-60 support area. The failure of that test shows, that the pair is still in the consolidation pattern below 1.3696. We continue to expect a break below 1.3442, which will mark the end of the prolonged corrective phase and will target directly 1.3231, en route to 1.3061.
"P&F EURUSD1440 Box Size 2250X3 or(5.26%) HI/LO
Data 1.5997 - 0.9663 ~ 92 Month ~ 2787 Day
Database 2000 records 1.3567 (Last Close)
2002-07-15 00~00
2010-03-02 00~00 (GMT+01:00) Paris
BJF Trading Group chart"
1.5975|~225||________________x_____o_x_______________________|0.14%|65.32%
1.5750|~45O||____________x_o_x_o_x_o_x_o_____________________|1.54%|62.99%
1.5525|~675||____________x_o_x_o_x_____o_____________________|2.95%|60.66%
1.5300|~9OO||____________x_____o_______o_____________________|4.36%|58.34%
1.5075|~1125|____________x_____________o_________________x___|5.76%|56.01%
1.4850|~135O|____________x_____________o_x_______________x_o_|7.17%|53.68%
1.4625|~1575|____________x_____________o_x_o_____x_______x_o_|8.58%|51.35%
1.4400|~18OO|____________x_____________o_x_o_____x_o_____x_o_|9.98%|49.02%
1.4175|~2O25|____________x_____________o_x_o_____x_o_____x_o_|11.39%|46.69%
1.3950|~225O|____________x_____________o___o_____x_o_____x_o_|12.8%|44.37%
1.3725|~2475|____________x_________________o_____x_o_x___x_o_|14.2%|42.04%
1.3500|~27OO|________x___x_________________o_____x_o_x_o_x_o_|15.61%|39.71%
1.3275|~2925|________x_o_x_________________o_x___x_o_x_o_x___|17.02%|37.38%
1.3050|~315O|________x_o_x_________________o_x_o_x_o_x_o_____|18.42%|35.05%
1.2825|~3375|____x___x_o_x_________________o_x_o_x_o_x_______|19.83%|32.72%
1.2600|~36OO|____x_o_x_o_x_________________o_x_o___o_________|21.24%|30.39%
1.2375|~3825|____x_o_x_o_x_________________o_________________|22.64%|28.07%
1.2150|~4O5O|____x_o_x_o_x___________________________________|24.05%|25.74%
1.1925|~4275|x___x_o___o_x___________________________________|25.45%|23.41%
1.1700|~45OO|x_o_x_____o_____________________________________|26.86%|21.08%
1.1475|~4725|x_o_x___________________________________________|28.27%|18.75%
1.1250|~495O|x_o_x___________________________________________|29.67%|16.42%
1.1025|~5175|x_o_x___________________________________________|31.08%|14.1%
1.0800|~54OO|x_o_____________________________________________|32.49%|11.77%
1.0575|~5625|x_______________________________________________|33.89%|9.44%
1.0350|~585O|x_______________________________________________|35.3%|7.11%
1.0125|~6O75|x_______________________________________________|36.71%|4.78%
0.9900|~63OO|x_______________________________________________|38.11%|2.45%
0.9675|~6525|________________________________________________|39.52%|0.12%
0.9450|~675O|________________________________________________|40.93%|-2.2%
Column|||||||105_9_4_7_8_182_3_3_2_2_2_9_4_114_3_9_9_5_3_9_7_|
Count
Re: daily analysis EUR\USD
EUR/USD's corrective rise from 1.3266 might still be in progress but we'd continue to anticipate strong resistance at 1.3570 to conclude the correction and bring fall resumption. Below 1.3384 will flip intraday bias back to the downside for retesting 1.3266 first. However, note that decisive break of 1.3570 will indicate that the five wave sequence from 1.5143 is completed and stronger rebound should then be seen to 1.3817 resistance and above.
"P&F EURUSD1440 Box Size 20X3 or(4.68%) HI/LO
Data 1.6038 - 0.9607 ~ 92 Month ~ 2796 Day
Database 2000 records 1.35043 (Last Close)
2002-08-05 00~00
2010-04-01 00~00 (GMT+01:00) Paris
BJF Trading Group chart"
1.6200|~2OO||______________________________________________|-1.01%|68.63%
1.6000|~4OO||__________________x___x_______________________|0.24%|66.55%
1.5800|~6OO||__________________x_o_x_o_____________________|1.48%|64.46%
1.5600|~8OO||__________________x_o_x_o_____________________|2.73%|62.38%
1.5400|~1OOO|__________________x_o___o_____________________|3.98%|60.3%
1.5200|~12OO|__________________x_____o_____________________|5.23%|58.22%
1.5000|~14OO|__________________x_____o_________________x___|6.47%|56.14%
1.4800|~16OO|__________________x_____o_x_______________x_o_|7.72%|54.05%
1.4600|~18OO|__________________x_____o_x_o_____x_______x_o_|8.97%|51.97%
1.4400|~2OOO|__________________x_____o_x_o_____x_o_____x_o_|10.21%|49.89%
1.4200|~22OO|__________________x_____o_x_o_____x_o_____x_o_|11.46%|47.81%
1.4000|~24OO|__________________x_____o___o_____x_o_____x_o_|12.71%|45.73%
1.3800|~26OO|__________________x_________o_____x_o_____x_o_|13.95%|43.65%
1.3600|~28OO|__________x_______x_________o_____x_o_x___x_o_|15.2%|41.56%
1.3400|~3OOO|__________x_o_x___x_________o_____x_o_x_o_x_o_|16.45%|39.48%
1.3200|~32OO|__________x_o_x_o_x_________o_x___x_o_x_o_x___|17.7%|37.4%
1.3000|~34OO|__________x_o_x_o_x_________o_x_o_x_o_x_o_____|18.94%|35.32%
1.2800|~36OO|______x___x_o___o_x_________o_x_o_x_o_x_______|20.19%|33.24%
1.2600|~38OO|______x_o_x_____o_x_________o_x_o_x_o_________|21.44%|31.15%
1.2400|~4OOO|______x_o_x_____o_x_________o___o_____________|22.68%|29.07%
1.2200|~42OO|______x_o_x_____o_x___________________________|23.93%|26.99%
1.2000|~44OO|______x_o_x_____o_x___________________________|25.18%|24.91%
1.1800|~46OO|__x___x_o_______o_____________________________|26.42%|22.83%
1.1600|~48OO|__x_o_x_______________________________________|27.67%|20.75%
1.1400|~5OOO|__x_o_x_______________________________________|28.92%|18.66%
1.1200|~52OO|__x_o_x_______________________________________|30.17%|16.58%
1.1000|~54OO|__x_o_x_______________________________________|31.41%|14.5%
1.0800|~56OO|__x_o_________________________________________|32.66%|12.42%
1.0600|~58OO|__x___________________________________________|33.91%|10.34%
1.0400|~6OOO|__x___________________________________________|35.15%|8.25%
1.0200|~62OO|__x___________________________________________|36.4%|6.17%
1.0000|~64OO|o_x___________________________________________|37.65%|4.09%
0.9800|~66OO|o_x___________________________________________|38.9%|2.01%
0.9600|~68OO|______________________________________________|40.14%|-0.07%
Column|||||||2_1_5_1_5_9_4_3_8_2_3_3_1_4_1_4_4_1_1_5_3_1_8_|
Count||||||||__1___0___________1_____0___2_____1_0_____0___|
Re: daily analysis EUR\USD
did u email me daily basis on the analysis of trading here ist my id fun@4mula@gmail.com i hope u not mind.
Re: daily analysis EUR\USD
if u want daily basis information create a account in forex they provide all the information about the forex daily basis.
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Last edited by gator (2010-05-11 02:50:15)
Re: daily analysis EUR\USD
Trade Idea:EUR/USD - Buy-stop at 1.2650 Target: 1.2800 ; Stop: 1.2575
======================================================================
Price action on EUR/USD, a chart of which is shown, has just broken down swiftly below the key 1.2500 support level, establishing a new 18-month low and lending a significant additional bearish bias to this strongly downtrending currency pair.
A continuation of the steep overall downtrend has now been confirmed, with price currently targeting a key downside support target in the 1.2300 price region.
Any substantial breakdown below 1.2300 could potentially begin to target the technically- and psychologically-important 1.2000 level, which is also around a 161.8% Fibonacci extension of the most recent bearish run.
The broken 1.2500 level should now serve as tentative upside resistance within the context of the strong current downtrend.
"P&F EURUSD1440 Box Size 200X3 or(4.68%) HI/LO
Data 1.6038 - 0.9607 ~ 92 Month ~ 2796 Day
Database 2000 records 1.23566 (Last Close)
2002-09-17 00~00
2010-05-14 00~00 (GMT+01:00) Paris
BJF Trading Group chart"
Re: daily analysis EUR\USD
First.
Trade Idea: EUR/USD - Buy Limit at 1.2100; Target: 1.2250; Stop: 1.2025.
Then.
Trade Idea: EUR/USD - Sell Limit at 1.2250; Target: 1.1650 ; Stop: 1.2325.
The EUR/USD finally broke below the triangle, but did so after two false breakouts. The pair
has moved higher after putting in lows below 1.1900. The week was closed out with the EUR/USD
at 1.2110. The resistance comes in at 1.2150-1.2200. This is the former support level which
created the triangle (see chart at bottom). If that resistance band hold, expect continued
selling pressure. Support comes in at 1.2050, 1.1950 and 1.1875. Penetration of the recent
low at 1.1875 has a target of 1.1650.
"P&F EURUSD10080 Box Size 250X3 or(6.18%) HI/LO
Data 1.6038 - 0.8225 ~ 152 Month ~ 4627 Day
Database 662 records 1.21112 (Last Close)
1997-10-05 00~00
2010-06-06 00~00 (GMT+01:00) Paris
BJF Trading Group MDunleavy chart"
1.6000|~25O||______________________x_+_________________|0.24%|94.53%
1.5750|~5OO||______________________x_o_+_______________|1.8%|91.49%
1.5500|~75O||______________________x_o___+_____________|3.35%|88.45%
1.5250|~1OOO|______________________x_o_____+_______+___|4.91%|85.41%
1.5000|~125O|______________________x_o_______+_____x_+_|6.47%|82.37%
1.4750|~15OO|______________________x_o_x_______+___x_o_|8.03%|79.33%
1.4500|~175O|______________________x_o_x_o_____x_+_x_o_|9.59%|76.29%
1.4250|~2OOO|______________________x_o_x_o_____x_o_x_o_|11.15%|73.25%
1.4000|~225O|______________________x_o___o_____x_o_x_o_|12.71%|70.21%
1.3750|~25OO|______________________x_____o_____x_o_x_o_|14.27%|67.17%
1.3500|~275O|__________________x___x_____o_____x_o_x_o_|15.82%|64.13%
1.3250|~3OOO|__________________x_o_x_____o_x___x_o_x_o_|17.38%|61.09%
1.3000|~325O|__________________x_o_x_____o_x_o_x_o_x_o_|18.94%|58.05%
1.2750|~35OO|______________x___x_o_x_____o_x_o_x_o_x_o_|20.5%|55.02%
1.2500|~375O|______________x_o_x_o_x_____o___o___o___o_|22.06%|51.98%
1.2250|~4OOO|__x___________x_o_x_o_x_______________+_o_|23.62%|48.94%
1.2000|~425O|__x_o_________x_o___o_x_____________+___o_|25.18%|45.9%
1.1750|~45OO|==x=o=====x===x=====o=============+=====+=|26.74%|42.86%
1.1500|~475O|__x_o_____x_o_x_________________+_________|28.3%|39.82%
1.1250|~5OOO|o_x_o_____x_o_x_______________+___________|29.85%|36.78%
1.1000|~525O|o_x_o_____x_o_______________+_____________|31.41%|33.74%
1.0750|~55OO|o___o_____x_______________+_______________|32.97%|30.7%
1.0500|~575O|____o_____x_____________+_________________|34.53%|27.66%
1.0250|~6OOO|____o_____x___________+___________________|36.09%|24.62%
1.0000|~625O|____o_____x_________+_____________________|37.65%|21.58%
0.9750|~65OO|____o_____x_______+_______________________|39.21%|18.54%
0.9500|~675O|____o_x___x_____+_________________________|40.77%|15.5%
0.9250|~7OOO|____o_x_o_x___+___________________________|42.32%|12.46%
0.9000|~725O|____o_x_o_x_+_____________________________|43.88%|9.42%
0.8750|~75OO|____o_x_o_x_______________________________|45.44%|6.38%
0.8500|~775O|____o_x_o_________________________________|47%|3.34%
0.8250|~8OOO|____o_+___________________________________|48.56%|0.3%
0.8000|~825O|____+_____________________________________|50.12%|-2.74%
Column|||||||3_6_1_5_4_1_3_7_3_6_7_1_8_3_9_3_3_8_8_1_1_|
Count||||||||____6_____3___________7_______________O_2_|
Re: daily analysis EUR\USD
The EUR penetrated resistance at 1.2500 and the descending trend line. It is too early to call this a reversal, but the primary down trend is weakening. Expect retracement to test the new support level at 1.2500. Failure of the rising trend line would warn of a primary down swing with a target of parity - confirmed if support at 1.1900 is broken. Respect of support would suggest a reversal, but confirmation would only come from a higher trough followed by a new high.
"P&F EURUSD240 Box Size 10X3 or(2.22%) HI/LO
Data 1.5144 - 1.1876 ~ 8 Month ~ 247.17 Day
Database 1050 records 1.29296 (Last Close)
2009-11-11 16~00
2010-07-16 20~00 (GMT+01:00) Paris
BJF Trading Group MDunleavy chart"
Re: daily analysis EUR\USD
The euro is testing the rising trendline; penetration would indicate that the recent rally has
weakened, and reversal below 1.2500 would indicate another test of primary support at 1.1900.
I remain bearish on EUR/USD.
"P&F EURUSD5 Box Size 25X3 or(0.58%) HI/LO
Data 1.3333 - 1.2663 ~ 1 Month ~ 23.49 Day
Database 5000 records 1.27105 (Last Close)
2010-07-28 11~15
2010-08-20 22~55 (GMT+01:00) Paris
BJF Trading Group MDunleavy chart"
1.3325|~25|||______________+___________________________|0.06%|5.23%
1.3300|~5O|||______________x_o_________________________|0.25%|5.03%
1.3275|~75|||______________x_o_+_______________________|0.44%|4.83%
1.3250|~1OO||______x_______x_o___+_____________________|0.62%|4.64%
1.3225|~125||______x_o_x___x_o_x___+___________________|0.81%|4.44%
1.3200|~15O||______x_o_x_o_x_o_x_o___+_________________|1%|4.24%
1.3175|~175||______x_o_x_o_x_o_x_o_____+_______________|1.19%|4.04%
1.3150|~2OO||______x_o_x_o___o_x_o_______+_____________|1.37%|3.85%
1.3125|~225||______x_o_____+_o_x_o_________+___________|1.56%|3.65%
1.3100|~25O||__x___x_____+___o_x_o___________+_________|1.75%|3.45%
1.3075|~275||__x_o_x___+_____o___o_____________+_______|1.94%|3.25%
1.3050|~3OO||__x_o_x_+___________o_______________+_____|2.12%|3.06%
1.3025|~325||o_x_o_x_____________o_________________+___|2.31%|2.86%
1.3000|~35O||o_x_o_______________o___________________+_|2.5%|2.66%
1.2975|~375||o_+_________________o_____________________|2.69%|2.46%
1.2950|~4OO||+___________________o_____________________|2.87%|2.27%
1.2925|~425||____________________o_x___________________|3.06%|2.07%
1.2900|~45O||====================o=x=o=x===x===x===x===|3.25%|1.87%
1.2875|~475||____________________o_x_o_x_o_x_o_x_o_x_o_|3.44%|1.67%
1.2850|~5OO||____________________o___o_x_o_x_o_x_o_x_o_|3.62%|1.48%
1.2825|~525||________________________o_x_o_x_o___o_x_o_|3.81%|1.28%
1.2800|~55O||________________________o___o_x_____o_x_o_|4%|1.08%
1.2775|~575||============================o=x=====o=+=o=|4.19%|0.88%
1.2750|~6OO||____________________________o_______+___o_|4.37%|0.69%
1.2725|~625||________________________________________o_|4.56%|0.49%
1.2700|~65O||________________________________________o_|4.75%|0.29%
1.2675|~675||________________________________________o_|4.94%|0.09%
1.2650|||||||________________________________________+_|5.12%|-0.1%
Column|||||||3_5_4_1_5_4_3_6_1_6_1_3_5_4_6_6_3_3_5_5_9_|
Count||||||||______O_________O___5_____________________|
