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|
Count

Re: 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

http://iticsoftware.com/postimages/2009-Jun-19/BJF-Trading-Group-EURUSD_091128mix_%281%29.PNG

BJF-Trading-Group-EURUSD_091128mix.xls

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_|

http://iticsoftware.com/postimages/2009-Aug-03/BJF-Trading-Group-EURUSD0116_%281%29.PNG

BJF-Trading-Group_Excel_Chart

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

http://iticsoftware.com/postimages/2009-Aug-03/BJF-Trading-Group-EurUsd0302_%281%29.PNG http://iticsoftware.com/postimages/2009-Aug-03/bjf-trading-group-eurusd0302-2_%281%29.gif

BJF-Trading-Group_Excel_Chart