tag:blogger.com,1999:blog-90464474750019744092011-07-08T13:29:21.108+07:00Daily Forex Analysis and Recommendation, Forex News, Forex Outlook, Forex Market Reports, Forex Articles, Forex Trading Recommendation, Forex Quotes, Economic Calendar, Forex Pivot Point CalculatorPierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.comBlogger4471100tag:blogger.com,1999:blog-9046447475001974409.post-11736557271981818692010-07-07T18:43:00.001+07:002010-07-07T18:53:34.064+07:00<div align="justify">Signal posted on July 7, 2010, at 6:11 am GMT |<br /><br />Recap: Slow day yesterday, but it always is after a holiday. I had a single-lot long from 1.2500 yesterday (taken before yesterday’s signal, it never dropped back down for anyone to re-enter) which I closed at 1.2600 for 100 pips profit. Bulls were able to push forward against yesterday pushing the pair up nearly 180 pips from low to high before stalling out around 1.2660.<br /><br />Daily Outlook: I get a sinking feeling every time I go long in this market as the long-term trend is down, however for my day trading I have to go with the direction of the shorter-term trend and this short-term trend is definitely bullish.<br /><br /><div class="fullpost"><br />We just closed out a bullish head and shoulders pattern on the daily charts, the pair continues to make higher highs and higher lows and we may have just entered a bullish channel.<br /><br />Watch out for Eurozone economic numbers on the forex calendar tomorrow.<br /><br />Trading Idea: The bottom of the bullish channel offers some good risk/reward setups with the support currently between 1.2500-1.2530. From 1.2515 targets would be 1.2540, 1.2570, 1.2600 and 1.2630 for 115 pips profit. A close below 1.2470 on 4h chart negates the trade (this is also where I will look to hide a stop).<br /><br />Beyond that the most conservative trade would be to wait for a pullback to the 1.2400 support with targets up to 1.2600 for 200 pips (good risk/reward setups off this level).<br /><br />The most aggressive trade would be a long off of 1.2570 as this is the neckline area of the head and shoulders pattern. A close below this level on the daily charts indicates the neckline breakout was false and the head and shoulders signal was invalid.<br /><br /></div></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-1173655727198181869?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.comtag:blogger.com,1999:blog-9046447475001974409.post-54910569452806201972010-07-02T19:17:00.003+07:002010-07-02T19:39:19.230+07:00<div align="justify">EURUSD RECOMMENDATION :<br />EURUSD’s fall from 1.2466 extended to 1.2150 only, the following break above 1.2466 suggests that the longer term downtrend from 1.5144 (2009 high) has completed at 1.1876 already. Further rally is still possible after a minor consolidation and next target would be at 1.2700 area.<br /><br />GBPUSD RECOMMENDATION :<br />After touching the lower boundary of the price channel on 4-hour chart, GBPUSD bounces strongly from 1.4873 level. Further rally is now in favor and next target would be at 1.5300 area. Near term support is at 1.5000 and key support is at 1.4873, only fall below this level could indicate that the uptrend from 1.4346 has completed.<br /><br /><div class="fullpost"><br />USDJPY RECOMMENDATION :<br />USDJPY might be forming a cycle bottom at 86.96 level on 4-hour chart. Range trading between 86.96 and 88.35 would more likely be seen. Now the long term key support at 88.14 (Mar 4 low) is broken below, implying downtrend from 124.16 (2007 high) has resumed, long term target is expected at 80.00 area.<br /><br />USDCAD RECOMMENDATION :<br />Being contained by 1.0678 resistance, USDCAD pulled back from 1.0673, suggesting that a cycle top is being formed on 4-hour chart. Minor consolidation in a range between 1.0540 and 1.0678 would more likely be seen in a couple of days. Support is at the lower border of the price channel, as long as the channel support holds, one more rise towards 1.0852 previous high is still possible.<br /><br />AUDUSD RECOMMENDATION :<br />AUDUSD’s fall from 0.8858 extended to as low as 0.8315. The subsequent bounce suggests that a cycle bottom is being formed on 4-hour chart. Further rally to test 0.8600 key resistance is expected, a break above this level will confirm the cycle bottom, then another rise towards 0.9000 could be seen. Support is at 0.8315, only break below this level could trigger another fall to 0.8150 area.<br /><br /></div></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-5491056945280620197?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.comtag:blogger.com,1999:blog-9046447475001974409.post-76111740267047473532008-09-03T14:50:00.001+07:002010-05-19T20:10:37.919+07:00<div align="justify"><br />Wednesday, 03 September 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.4480 - 1.4390 <br />Trend: Downward <br />Sell at 1.4467 SL 1.4499 TP 1.4400 <br /> <br />USD/JPY <br />Trading range: 108.65 - 109.50 <br />Trend: Upward <br />Buy at 108.75 SL 108.43 TP 109.37 <br /><br /><div class="fullpost"> <br />GBP/USD <br />Trading range: 1.7775 - 1.7675 <br />Trend: Downward <br />Sell at 1.7765 SL 1.7797 TP 1.7687 <br /> <br />USD/CHF <br />Trading range: 1.1070 - 1.1170 <br />Trend: Upward <br />Buy at 1.1084 SL 1.1052 TP 1.1158 <br /> <br />By iForex<br /></div></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-7611174026704747353?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-11742517545811934502008-09-01T14:50:00.001+07:002010-05-19T20:11:40.364+07:00<div align="justify"><br />1st September Breakout Signals - Ramadan Mubarak!<br />Posted on September 1st, 2008 by Jafar<br /><br />USD/JPY - 20 pip trail<br />Buy @ 108.65 SL108.40 TP108.97<br />Sell @ 108.15 SL108.40 TP107.83<br /><br />GBP/JPY - 40 pip trail<br />Buy @ 196.83 SL196.33 TP197.62<br />Sell @ 195.12 SL195.62 TP194.62<br /><br /><div class="fullpost"><br />GBP/CHF - 40 pip trail<br />Buy @ 1.9951 SL1.9901 TP2.0017<br />Sell @1.9851 SL1.9901 TP1.9786<br /><br />by Rebate Fx<br /><br /></div></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-1174251754581193450?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-44714283881481497862008-08-29T16:54:00.003+07:002010-05-19T20:33:49.576+07:00<div align="justify"><br />Friday, 29 August 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.4770 - 1.4680 <br />Trend: Downward <br />Sell at 1.4758 SL 1.4790 TP 1.4691 <br /> <br />USD/JPY <br />Trading range: 109.30 - 108.50 <br />Trend: Downward <br />Sell at 109.20 SL 109.52 TP 108.58 <br /><br /><div class="fullpost"> <br />GBP/USD <br />Trading range: 1.8355 - 1.8250 <br />Trend: Downward <br />Sell at 1.8341 SL 1.8373 TP 1.8263 <br /><br />USD/CHF <br />Trading range: 1.0925 - 1.1025 <br />Trend: Upward <br />Buy at 1.0938 SL 1.0906 TP 1.1012 <br /><br />by iForex<br /><br /><span style="font-weight:bold;">29th August Breakout Signals<br />Posted on August 29th, 2008 by Jafar<br /></span><br />USD/JPY - 20 pip trail<br />Buy @ 109.39 SL109.09 TP109.77<br />Sell @ 108.92 SL109.22 TP108.67<br /><br />EUR/JPY - 25 pip trail<br />Buy @ 161.31 SL160.91 TP161.79<br />Sell @ 160.59 SL161.03 TP159.99<br /><br />GBP/JPY - 40 pip trail<br />Buy @200.59 SL200.19 TP201.20<br />Sell @ 199.58 SL200.09 TP198.95<br /><br />GBP/CHF - 40 pip trail<br />Buy @ 2.0110 SL2.0050 TP2.0170<br />Sell @2.0030 SL2.0080 TP1.9959<br /><br />by Rebate Forex<br /></div></div><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-4471428388148149786?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-27947864886269580632008-08-28T13:28:00.002+07:002010-05-19T20:19:40.099+07:00Thursday, 28 August 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.4820 - 1.4730 <br />Trend: Downward <br />Sell at 1.4807 SL 1.4839 TP 1.4740 <br /> <br />USD/JPY <br />Trading range: 109.30 - 108.50 <br />Trend: Downward <br />Sell at 109.18 SL 109.50 TP 108.56 <br /> <br />GBP/USD <br />Trading range: 1.8410 - 1.8310 <br />Trend: Downward <br />Sell at 1.8399 SL 1.8431 TP 1.8321 <br /> <br />USD/CHF <br />Trading range: 1.0895 - 1.0995 <br />Trend: Upward <br />Buy at 1.0907 SL 1.0875 TP 1.0981 <br /><br />by iForex<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-2794786488626958063?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com1tag:blogger.com,1999:blog-9046447475001974409.post-40359773866781810752008-08-26T13:33:00.003+07:002010-05-19T20:20:26.378+07:00Tuesday, 26 August 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.4730 - 1.4635 <br />Trend: Downward <br />Sell at 1.4716 SL 1.4748 TP 1.4649 <br /> <br />USD/JPY <br />Trading range: 109.35 - 110.20 <br />Trend: Upward <br />Buy at 109.48 SL 109.16 TP 110.10 <br /> <br />GBP/USD <br />Trading range: 1.8485 - 1.8380 <br />Trend: Downward <br />Sell at 1.8471 SL 1.8503 TP 1.8393 <br /> <br />USD/CHF <br />Trading range: 1.0965 - 1.1065 <br />Trend: Upward <br />Buy at 1.0979 SL 1.0947 TP 1.1053 <br /><br />by iForex<br /><br /><span style="font-weight:bold;">26th August Breakout Signals<br />Posted on August 26th, 2008 by Jafar</span><br /><br />EUR/JPY - 25 pip trail<br />Buy @ 161.40 SL161.03 TP161.70<br />Sell @ 160.85 SL161.23 TP160.41<br /><br />GBP/JPY - 40 pip trail<br />Buy @ 202.62 SL202.22 TP203.53<br />Sell @ 201.74 SL202.22 TP201.06<br /><br />by Rebate FX<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-4035977386678181075?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-13513752277011448412008-08-25T12:32:00.001+07:002010-05-19T20:20:55.321+07:0025th August Breakout Signals<br />Posted on August 25th, 2008 by Jafar<br /><br />USD/JPY - 20 pip trail<br />Buy @ 110.31 SL110.02 TP110.61<br />Sell @ 109.80 SL110.12 TP109.37<br /><br />EUR/JPY - 25 pip trail<br />Buy @ 162.51 SL162.27 TP162.90<br />Sell @161.60 SL161.90 TP161.20<br /><br />Just the two today as the UK bank holiday may make GBP pairs a little risky to take.<br /><br />by Rebate Fx<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-1351375227701144841?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-42031691168138496862008-08-20T13:52:00.001+07:002010-05-19T20:21:41.931+07:0020th August Breakout Signals<br />Posted on August 20th, 2008 by Jafar<br /><br />USD/JPY - 20 pip trail<br />Buy @ 109.92 SL109.71 TP110.19<br />Sell @ 109.59 SL109.83 TP109.38<br /><br />EUR/JPY - 25 pip trail<br />Buy @ 162.40 SL161.95 TP162.70<br />Sell @ 161.95 SL162.30 TP161.44<br /><br />GBP/JPY - 40 pip trail<br />Buy @ 205.43 SL205.00 TP206.20<br />Sell @ 204.45 SL204.91 TP203.90<br /><br />by Rebate FX<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-4203169116813849686?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-77553602071360451312008-08-19T12:31:00.002+07:002010-05-19T20:22:12.186+07:0019th August Breakout Signals<br />Posted on August 19th, 2008 by Jafar<br /><br />USD/JPY - 20 pip trail<br />Buy @ 110.02 SL109.79 TP110.22<br />Sell @ 109.67 SL109.83 TP109.47<br /><br />EUR/JPY - 25 pip trail<br />Buy @ 161.61 SL161.21 TP162.00<br />Sell @ 161.18 SL161.61 TP160.70<br /><br />GBP/JPY - 40 pip trail<br />Buy @205.05 SL204.60 TP205.95<br />Sell @ 204.42 SL205.05 TP203.65<br /><br />GBP/CHF - 40 pip trail<br />Buy @ 2.0487 SL2.0430 TP2.0520<br />Sell @2.0430 SL2.0480 TP2.0380<br /><br />by Rebate FX<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-7755360207136045131?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-40981103834093937962008-08-15T14:36:00.003+07:002010-05-19T20:29:31.868+07:00Friday, 15 August 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.4795 - 1.4705 <br />Trend: Downward <br />Sell at 1.4785 SL 1.4817 TP 1.4718 <br /> <br />USD/JPY <br />Trading range: 110.00 - 110.85 <br />Trend: Upward <br />Buy at 110.11 SL 109.79 TP 110.73 <br /> <br />GBP/USD <br />Trading range: 1.8665 - 1.8560 <br />Trend: Downward <br />Sell at 1.8651 SL 1.8683 TP 1.8573 <br /><br />by iFOREX Daily Forecast<br /> <br />USD/CHF <br />Trading range: 1.0960 - 1.1055 <br />Trend: Upward <br />Buy at 1.0971 SL 1.0939 TP 1.1045<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-4098110383409393796?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-88012255173237500112008-08-14T14:21:00.000+07:002008-08-14T14:22:16.696+07:00Thursday, 14 August 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.4935 - 1.4840 <br />Trend: Downward <br />Sell at 1.4921 SL 1.4953 TP 1.4854 <br /> <br />USD/JPY <br />Trading range: 109.20 - 110.05 <br />Trend: Upward <br />Buy at 109.33 SL 109.01 TP 109.95 <br /> <br />GBP/USD <br />Trading range: 1.8725 - 1.8625 <br />Trend: Downward <br />Sell at 1.8715 SL 1.8747 TP 1.8637 <br /> <br />USD/CHF <br />Trading range: 1.0835 - 1.0935 <br />Trend: Upward <br />Buy at 1.0848 SL 1.0816 TP 1.0922 <br /><br />by iForex Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-8801225517323750011?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-12114964911707785432008-08-13T14:35:00.000+07:002008-08-13T14:36:22.033+07:00Wednesday, 13 August 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.4895 - 1.4985 <br />Trend: Upward <br />Buy at 1.4906 SL 1.4874 TP 1.4973 <br /> <br />USD/JPY <br />Trading range: 109.00 - 108.20 <br />Trend: Downward <br />Sell at 108.89 SL 109.21 TP 108.27 <br /> <br />GBP/USD <br />Trading range: 1.8925 - 1.9025 <br />Trend: Upward <br />Buy at 1.8935 SL 1.8903 TP 1.9013 <br /> <br />USD/CHF <br />Trading range: 1.0880 - 1.0785 <br />Trend: Downward <br />Sell at 1.0869 SL 1.0901 TP 1.0795 <br /><br />by iForex Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-1211496491170778543?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-1672470709289619312008-08-12T15:11:00.001+07:002008-08-12T15:11:51.504+07:00Tuesday, 12 August 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.4905 - 1.4810 <br />Trend: Downward <br />Sell at 1.4891 SL 1.4923 TP 1.4824 <br /> <br />USD/JPY <br />Trading range: 109.75 - 110.60 <br />Trend: Upward <br />Buy at 109.86 SL 109.54 TP 110.48 <br /> <br />GBP/USD <br />Trading range: 1.9065 - 1.8965 <br />Trend: Downward <br />Sell at 1.9054 SL 1.9086 TP 1.8976 <br /> <br />USD/CHF <br />Trading range: 1.0870 - 1.0965 <br />Trend: Upward <br />Buy at 1.0881 SL 1.0849 TP 1.0955 <br /> <br />by iForex Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-167247070928961931?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-83623760654791407742008-08-11T15:25:00.001+07:002008-08-11T15:25:48.641+07:00Monday, 11 August 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.5005 - 1.4915 <br />Trend: Downward <br />Sell at 1.4994 SL 1.5026 TP 1.4927 <br /> <br />USD/JPY <br />Trading range: 109.75 - 110.60 <br />Trend: Upward <br />Buy at 109.86 SL 109.54 TP 110.48 <br /> <br />GBP/USD <br />Trading range: 1.9210 - 1.9105 <br />Trend: Downward <br />Sell at 1.9197 SL 1.9229 TP 1.9119 <br /> <br />USD/CHF <br />Trading range: 1.0790 - 1.0890 <br />Trend: Upward <br />Buy at 1.0803 SL 1.0771 TP 1.0877 <br /><br />by iForex Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-8362376065479140774?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-52725220689793635082008-08-08T14:15:00.002+07:002008-08-09T14:59:38.338+07:00Friday, 08 August 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.5260 - 1.5165 <br />Trend: Downward <br />Sell at 1.5246 SL 1.5278 TP 1.5179 <br /> <br />USD/JPY <br />Trading range: 109.45 - 110.30 <br />Trend: Upward <br />Buy at 109.57 SL 109.25 TP 110.19 <br /> <br />GBP/USD <br />Trading range: 1.9340 - 1.9240 <br />Trend: Downward <br />Sell at 1.9328 SL 1.9360 TP 1.9250 <br /> <br />USD/CHF <br />Trading range: 1.0665 - 1.0760 <br />Trend: Upward <br />Buy at 1.0676 SL 1.0644 TP 1.0750 <br /><br />by iForex Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-5272522068979363508?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-7758113577230878112008-08-04T14:31:00.001+07:002010-05-19T20:18:59.873+07:00Monday, 04 August 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.5555 - 1.5645 <br />Trend: Upward <br />Buy at 1.5566 SL 1.5534 TP 1.5633 <br /> <br />USD/JPY <br />Trading range: 107.90 - 107.10 <br />Trend: Downward <br />Sell at 107.79 SL 108.11 TP 107.17 <br /> <br />GBP/USD <br />Trading range: 1.9765 - 1.9665 <br />Trend: Downward <br />Sell at 1.9754 SL 1.9786 TP 1.9676 <br /> <br />USD/CHF <br />Trading range: 1.0495 - 1.0400 <br />Trend: Downward <br />Sell at 1.0485 SL 1.0517 TP 1.0411 <br /><br />by iForex Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-775811357723087811?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-5148716798332698762008-08-01T14:59:00.001+07:002010-05-19T20:18:29.886+07:00Friday, 01 August 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.5540 - 1.5630 <br />Trend: Upward <br />Buy at 1.5551 SL 1.5519 TP 1.5618 <br /> <br />USD/JPY <br />Trading range: 107.85 - 107.05 <br />Trend: Downward <br />Sell at 107.75 SL 108.07 TP 107.13 <br /> <br />GBP/USD <br />Trading range: 1.9850 - 1.9750 <br />Trend: Downward <br />Sell at 1.9839 SL 1.9871 TP 1.9761 <br /> <br />USD/CHF <br />Trading range: 1.0505 - 1.0415 <br />Trend: Downward <br />Sell at 1.0495 SL 1.0527 TP 1.0421 <br /><br />by iForex Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-514871679833269876?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-19439993910204793262008-07-31T14:21:00.002+07:002010-05-19T20:21:11.774+07:00Thursday, 31 July 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.5565 - 1.5655 <br />Trend: Upward <br />Buy at 1.5575 SL 1.5543 TP 1.5642 <br /> <br />USD/JPY <br />Trading range: 108.10 - 107.30 <br />Trend: Downward <br />Sell at 108.00 SL 108.32 TP 107.38 <br /> <br />GBP/USD <br />Trading range: 1.9770 - 1.9875 <br />Trend: Upward <br />Buy at 1.9783 SL 1.9751 TP 1.9861 <br /> <br />USD/CHF <br />Trading range: 1.0490 - 1.0395 <br />Trend: Downward <br />Sell at 1.0477 SL 1.0509 TP 1.0403 <br /><br />by iForex Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-1943999391020479326?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-91583570703964479152008-07-29T18:11:00.001+07:002010-05-19T20:22:57.411+07:00Tuesday, 29 July 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.5715 - 1.5805 <br />Trend: Upward <br />Buy at 1.5726 SL 1.5694 TP 1.5793 <br /> <br />USD/JPY <br />Trading range: 107.75 - 106.85 <br />Trend: Downward <br />Sell at 107.61 SL 107.93 TP 106.99 <br /> <br />GBP/USD <br />Trading range: 1.9910 - 2.0015 <br />Trend: Upward <br />Buy at 1.9923 SL 1.9891 TP 2.0001 <br /> <br />USD/CHF <br />Trading range: 1.0365 - 1.0270 <br />Trend: Downward <br />Sell at 1.0355 SL 1.0387 TP 1.0281 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-9158357070396447915?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-56849937041427322872008-07-24T14:57:00.001+07:002010-05-19T20:23:47.505+07:00Thursday, 24 July 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.5720 - 1.5625 <br />Trend: Downward <br />Sell at 1.5706 SL 1.5738 TP 1.5639 <br /> <br />USD/JPY <br />Trading range: 107.60 - 108.45 <br />Trend: Upward <br />Buy at 107.70 SL 107.38 TP 108.32 <br /> <br />GBP/USD <br />Trading range: 2.0000 - 1.9895 <br />Trend: Downward <br />Sell at 1.9986 SL 2.0018 TP 1.9908 <br /> <br />USD/CHF <br />Trading range: 1.0355 - 1.0455 <br />Trend: Upward <br />Buy at 1.0369 SL 1.0337 TP 1.0443 <br /><br />by iForex Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-5684993704142732287?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-49834921771925014162008-07-21T14:17:00.001+07:002010-05-19T20:30:08.761+07:00Monday, 21 July 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.5885 - 1.5795 <br />Trend: Downward <br />Sell at 1.5872 SL 1.5904 TP 1.5805 <br /> <br />USD/JPY <br />Trading range: 106.95 - 106.10 <br />Trend: Downward <br />Sell at 106.85 SL 107.17 TP 106.23 <br /> <br />GBP/USD <br />Trading range: 1.9965 - 1.9865 <br />Trend: Downward <br />Sell at 1.9955 SL 1.9987 TP 1.9877 <br /> <br />USD/CHF <br />Trading range: 1.0195 - 1.0295 <br />Trend: Upward <br />Buy at 1.0209 SL 1.0177 TP 1.0283 <br /><br />by iForex Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-4983492177192501416?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-81065992731602266282008-07-18T13:17:00.001+07:002010-05-19T20:31:20.619+07:00Friday, 18 July 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.5815 - 1.5905 <br />Trend: Upward <br />Buy at 1.5827 SL 1.5795 TP 1.5894 <br /> <br />USD/JPY <br />Trading range: 106.50 - 105.65 <br />Trend: Downward <br />Sell at 106.39 SL 106.71 TP 105.77 <br /> <br />GBP/USD <br />Trading range: 1.9935 - 2.0035 <br />Trend: Upward <br />Buy at 1.9946 SL 1.9914 TP 2.0024 <br /> <br />USD/CHF <br />Trading range: 1.0230 - 1.0130 <br />Trend: Downward <br />Sell at 1.0217 SL 1.0249 TP 1.0143 <br /><br />by iForex Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-8106599273160226628?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-9635871900265491942008-07-17T14:44:00.000+07:002008-07-17T14:48:59.037+07:00Thursday, 17 July 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.5820 - 1.5915 <br />Trend: Upward <br />Buy at 1.5834 SL 1.5802 TP 1.5901 <br /> <br />USD/JPY <br />Trading range: 105.40 - 104.50 <br />Trend: Downward <br />Sell at 105.26 SL 105.58 TP 104.64 <br /> <br />GBP/USD <br />Trading range: 1.9965 - 2.0070 <br />Trend: Upward <br />Buy at 1.9979 SL 1.9947 TP 2.0057 <br /> <br />USD/CHF <br />Trading range: 1.0185 - 1.0090 <br />Trend: Downward <br />Sell at 1.0174 SL 1.0206 TP 1.0100 <br /><br />by iForex Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-963587190026549194?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-39103725062705720292008-07-16T14:03:00.000+07:002008-07-16T14:06:00.402+07:00Wednesday, 16 July 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.5870 - 1.5860 <br />Trend: Upward <br />Buy at 1.5882 SL 1.5850 TP 1.5949 <br /> <br />USD/JPY <br />Trading range: 104.80 - 103.90 <br />Trend: Downward <br />Sell at 104.66 SL 104.98 TP 104.04 <br /> <br />GBP/USD <br />Trading range: 1.9995 - 2.0095 <br />Trend: Upward <br />Buy at 2.0005 SL 1.9973 TP 2.0083 <br /> <br />USD/CHF <br />Trading range: 1.0125 - 1.0030 <br />Trend: Downward <br />Sell at 1.0114 SL 1.0146 TP 1.0040 <br /><br />by iForex Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-3910372506270572029?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-24277978017935726042008-07-15T14:21:00.001+07:002008-07-15T14:21:51.596+07:00Tuesday, 15 July 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.5915 - 1.6005 <br />Trend: Upward <br />Buy at 1.5925 SL 1.5893 TP 1.5992 <br /> <br />USD/JPY <br />Trading range: 106.05 - 105.20 <br />Trend: Downward <br />Sell at 105.92 SL 106.24 TP 105.30 <br /> <br />GBP/USD <br />Trading range: 1.9955 - 2.0060 <br />Trend: Upward <br />Buy at 1.9969 SL 1.9937 TP 2.0047 <br /> <br />USD/CHF <br />Trading range: 1.0160 - 1.0060 <br />Trend: Downward <br />Sell at 1.0148 SL 1.0180 TP 1.0074 <br /><br />by iForex Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-2427797801793572604?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-92228968905158640182008-07-14T14:52:00.001+07:002008-07-14T14:56:52.089+07:00Monday, 14 July 2008 - 6:00 AM GMT<br />EUR/USD <br />Trading range: 1.5925 - 1.5835 <br />Trend: Downward <br />Sell at 1.5913 SL 1.5945 TP 1.5846 <br /> <br />USD/JPY <br />Trading range: 106.25 - 107.15 <br />Trend: Upward <br />Buy at 106.39 SL 106.07 TP 107.01 <br /> <br />GBP/USD <br />Trading range: 1.9875 - 1.9775 <br />Trend: Downward <br />Sell at 1.9864 SL 1.9896 TP 1.9786 <br /> <br />USD/CHF <br />Trading range: 1.0165 - 1.0265 <br />Trend: Upward <br />Buy at 1.0179 SL 1.0147 TP 1.0253 <br /><br />by iForex Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-9222896890515864018?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-28297714614296224342007-12-28T15:19:00.000+07:002007-12-28T15:20:51.913+07:00Friday, 28 December 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4590 - 1.4680 <br />Trend: Upward <br />Buy at 1.4600 SL 1.4568 TP 1.4667 <br /> <br />USD/JPY <br />Trading range: 113.25 - 112.35 <br />Trend: Downward <br />Sell at 113.11 SL 113.43 TP 112.49 <br /> <br />GBP/USD <br />Trading range: 1.9930 - 2.0035 <br />Trend: Upward <br />Buy at 1.9943 SL 1.9911 TP 2.0021 <br /> <br />USD/CHF <br />Trading range: 1.1420 - 1.1320 <br />Trend: Downward <br />Sell at 1.1408 SL 1.1440 TP 1.1331 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-2829771461429622434?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com1tag:blogger.com,1999:blog-9046447475001974409.post-52191797303139434712007-12-27T15:22:00.001+07:002007-12-27T15:29:23.635+07:00Thursday, 27 December 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4470 - 1.4560 <br />Trend: Upward <br />Buy at 1.4482 SL 1.4450 TP 1.4549 <br /> <br />USD/JPY <br />Trading range: 114.45 - 113.60 <br />Trend: Downward <br />Sell at 114.33 SL 114.65 TP 113.71 <br /> <br />GBP/USD <br />Trading range: 1.9845 - 1.9945 <br />Trend: Upward <br />Buy at 1.9855 SL 1.9823 TP 1.9933 <br /> <br />USD/CHF <br />Trading range: 1.1525 - 1.1425 <br />Trend: Downward <br />Sell at 1.1511 SL 1.1543 TP 1.1436 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-5219179730313943471?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-24616181147275065772007-12-27T15:22:00.000+07:002007-12-27T15:29:16.276+07:00Thursday, 27 December 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4470 - 1.4560 <br />Trend: Upward <br />Buy at 1.4482 SL 1.4450 TP 1.4549 <br /> <br />USD/JPY <br />Trading range: 114.45 - 113.60 <br />Trend: Downward <br />Sell at 114.33 SL 114.65 TP 113.71 <br /> <br />GBP/USD <br />Trading range: 1.9845 - 1.9945 <br />Trend: Upward <br />Buy at 1.9855 SL 1.9823 TP 1.9933 <br /> <br />USD/CHF <br />Trading range: 1.1525 - 1.1425 <br />Trend: Downward <br />Sell at 1.1511 SL 1.1543 TP 1.1436 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-2461618114727506577?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-1481005760082293262007-12-21T14:31:00.000+07:002007-12-21T14:37:00.991+07:00Friday, 21 December 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4345 - 1.4435 <br />Trend: Upward <br />Buy at 1.4358 SL 1.4326 TP 1.4425 <br /> <br />USD/JPY <br />Trading range: 112.85 - 113.70 <br />Trend: Upward <br />Buy at 112.95 SL 112.63 TP 113.57 <br /> <br />GBP/USD <br />Trading range: 1.9850 - 1.9955 <br />Trend: Upward <br />Buy at 1.9864 SL 1.9832 TP 1.9942 <br /> <br />USD/CHF <br />Trading range: 1.1575 - 1.1475 <br />Trend: Downward <br />Sell at 1.1563 SL 1.1595 TP 1.1488 <br /><br />by iForex Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-148100576008229326?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-86130224539325681032007-12-18T15:15:00.001+07:002007-12-18T15:15:53.557+07:00Tuesday, 18 December 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4430 - 1.4335 <br />Trend: Downward <br />Sell at 1.4416 SL 1.4448 TP 1.4349 <br /> <br />USD/JPY <br />Trading range: 112.85 - 113.70 <br />Trend: Upward <br />Buy at 112.96 SL 112.64 TP 113.58 <br /> <br />GBP/USD <br />Trading range: 2.0235 - 2.0135 <br />Trend: Downward <br />Sell at 2.0223 SL 2.0255 TP 2.0145 <br /> <br />USD/CHF <br />Trading range: 1.1485 - 1.1580 <br />Trend: Upward <br />Buy at 1.1496 SL 1.1464 TP 1.1570 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-8613022453932568103?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-11902232850225197692007-12-17T14:53:00.000+07:002007-12-17T14:54:48.226+07:00The British pound last Friday started in a weak pattern by which it couldn't breach the main resistance level at 2.0450s to decline to the downside towards the major support as low as 2.0140s. Nevertheless, the technical oscillators still show the downside wave with some slowing upside movements.<br /><br />The trading range for today might be between the key resistance level at 2.0350 and the key support level at 2.0050.<br /><br />The general trend is up as far as 1.9800 remains intact targets now at 2.1170 and 2.1420<br /><br />Support 2.0167 2.0122 2.0109 2.0087 2.0054<br />Resistance 2.0193 2.0226 2.0248 2.0273 2.0300<br /><br />Recommendation We expect selling sterling below 2.0230 with a target at 2.0100 stop loss above 2.027<br /><br />by Crown Forex Dec 17 07 07:46 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-1190223285022519769?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-84155588346689860362007-12-17T14:43:00.000+07:002007-12-17T14:44:01.009+07:00Monday, 17 December 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4460 - 1.4370 <br />Trend: Downward <br />Sell at 1.4447 SL 1.4479 TP 1.4380 <br /> <br />USD/JPY <br />Trading range: 112.80 - 113.65 <br />Trend: Upward <br />Buy at 112.90 SL 112.58 TP 113.52 <br /> <br />GBP/USD <br />Trading range: 2.0220 - 2.0120 <br />Trend: Downward <br />Sell at 2.0209 SL 2.0241 TP 2.01131 <br /> <br />USD/CHF <br />Trading range: 1.1505 - 1.1600 <br />Trend: Upward <br />Buy at 1.1516 SL 1.1484 TP 1.1590 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-8415558834668986036?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-35500232991892035342007-12-14T16:16:00.000+07:002007-12-14T16:17:36.197+07:00The dollar against the SWISS Frank was moving within very wide ranges reflected by the high volume. Nevertheless, the pair holds some tendency to the downside for today as the technical directional parameters yesterday in the last session indicated the downside trend line which showed the weakness in the upside direction.<br /><br />The trading range for today will be between the key resistances at 1.1500 the key support at 1.1240.<br /><br />The general trend is down as far as 1.2020 remains intact, targets at 1.1000 and 1.0940<br /><br />Support: 1.1411, 1.1387, 1.1365, 1.1340, 1.1317<br />Resistance: 1.1430, 1.1467, 1.1488, 1.1519, 1.1537<br /><br />Recommendation: We expect selling USD/CHF below 1.1425 with a target at 1.1330, stop loss above 1.1470.<br /><br />by Crown Forex Dec 14 07 07:52 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-3550023299189203534?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-76082150378872927732007-12-14T16:15:00.000+07:002007-12-14T16:16:33.550+07:00The dollar against the Japanese yen rallied to the downside direction yesterday in the morning sessions as it couldn't breach the major resistance level at 112.40s. Yet the pair extended the downside wave after it confirmed some bearish signals.<br /><br />The trading range for today will be between the key resistance at 112.70 and the key support at 108.00.<br /><br />The general trend is down as far as 121.30 remains intact, targets at 108.30 and 106.80.<br /><br />Support: 112.26, 112.09, 111.82, 111.56, 111.30<br />Resistance: 112.50, 112.85, 113.05, 113.27, 113.48<br /><br />Recommendation: We expect selling USD/JPY below 112.60 with a target at 111.00, stop loss above 113.35.<br /><br />by Crown Forex Dec 14 07 07:52 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-7608215037887292773?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-48669881890482596322007-12-14T16:14:00.000+07:002007-12-14T16:15:30.667+07:00The British pound yesterday fluctuated within the consolidation area due to some restrictions ending the day in a bearish form. On the other hand, the pound has formed some bullish signals to clarify the upside direction for today.<br /><br />The trading range for today might be between the key resistance level at 2.0600 and the key support level at 2.0300.<br /><br />The general trend is up as far as 1.9950 remains intact targets now at 2.1170 and 2.1420<br /><br />Support: 2.0409, 2.0387, 2.0354, 2.0330, 2.0311<br />Resistance: 2.0422, 2.0467, 2.0493, 2.0526, 2.0548<br /><br />Recommendation: We expect buying sterling above 2.0380 with a target at 2.0520 stop loss below 2.0320.<br /><br />by Crown Forex Dec 14 07 07:52 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-4866988189048259632?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-47321250027533310122007-12-14T16:13:00.000+07:002007-12-14T16:14:24.996+07:00The European currency depreciated yesterday in a major move with high levels of volume to reflect the strength of the movement but remained within the same consolidation area that the Euro has formed a couple of days ago. Nevertheless, the Euro is expected to reverse back to the upside as the technical indicators showed some upside potential.<br /><br />The trading range for today might be between the key resistance level at 1.4750 and the key support level at 1.4550.<br /><br />The general trend is up as far as 1. 4060 remains intact targets now at 1.4780 and 1.4960<br /><br />Support: 1.4632, 1.4609, 1.4578, 1.4545, 1.4527<br />Resistance: 1.4654, 1.4670, 1.4692, 1.4710, 1.4734<br /><br />Recommendation: We expect buying Euro above 1.4620 with a target at 1.4720 stop loss below 1.4570.<br /><br />by Crown Forex Dec 14 07 07:52 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-4732125002753331012?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-28277103723032965492007-12-14T15:55:00.000+07:002007-12-14T15:59:43.235+07:00Friday, 14 December 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4665 - 1.4575 <br />Trend: Downward <br />Sell at 1.4654 SL 1.4686 TP 1.4587 <br /> <br />USD/JPY <br />Trading range: 112.15 - 113.00 <br />Trend: Upward <br />Buy at 112.26 SL 111.94 TP 112.88 <br /> <br />GBP/USD <br />Trading range: 2.0455 - 2.0355 <br />Trend: Downward <br />Sell at 2.0443 SL 2.0475 TP 2.0365 <br /> <br />USD/CHF <br />Trading range: 1.1390 - 1.1490 <br />Trend: Upward <br />Buy at 1.1402 SL 1.1370 TP 1.1476 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-2827710372303296549?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-67951373504145249902007-12-14T14:12:00.000+07:002007-12-14T14:25:01.347+07:00EUR/USD 1.4654<br /><br />EUR/USD Open 1.4624 High 1.4731 Low 1.4582 Close 1.4637<br /><br />As the Euro yesterday broke the bottom of the range in which was trading all week against the US Dollar a downward signal may be forming. The first support for today is expected at the yesterday's bottom 1.4585. Next is the bottom from 13 November 1.4530, followed by the 1.4465. In upward direction resistance is expected at 1.4730, followed by 1.4795, which is 61.7% Fibonacci of the drop 1.4960 - 1.4530, and 4865.<br /><br />Technical resistance levels: 1.4730 1.4795 1.4865<br />Technical support levels: 1.4585 1.4530 1.4465<br /><br />Trading range: 1.4665 - 1.4590<br /><br />Trend: Downward<br /><br />Sell at 1.4654 SL 1.4684 TP 1.4604<br /><br />Written by iFOREX.bg Dec 14 07 07:08 GMT |<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-6795137350414524990?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-47683707887028185332007-12-13T15:34:00.000+07:002007-12-13T15:35:54.452+07:00The dollar against the Canadian obviously jumped to the upside direction in the first trading session but was unable to maintain its bullish momentum to drop down then to close in a neutral pattern within the same consolidation area. The pair today is expected to drop until the levels of 1.0020s.<br /><br />The trading range for today will be between the key resistance at 1.0240 and the key support at 0.9965.<br /><br />The general trend is down as far as 1.0245 remains intact, targets will be 0.9030 and 0.8965.<br /><br />Support: 1.0120, 1.0100, 1.0080, 1.0055, 1.0027<br />Resistance: 1.0150, 1.0175, 1.0207, 1.0218, 1.0246<br /><br />Recommendation: We expect selling USD/CAD below 1.0150 with a target at 1.0050, stop loss above 1.0190.<br /><br />by Crown Forex Dec 13 07 07:57 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-4768370788702818533?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-71881016368001574542007-12-13T15:33:00.000+07:002007-12-13T15:34:29.917+07:00The British pound yesterday moved in the upside channel in a strong bullish movement since it failed to breach the key support level at 2.0340s to drive through the upside wave hitting the levels of 2.570s; opening a new chance for the pound to retest the major upside resistance at the point of 2.650s. The pound today might progress towards the upside as well.<br /><br />The trading range for today might be between the key resistance level at 2.0650 and the key support level at 2.0360.<br /><br />The general trend is up as far as 1.9950 remains intact targets now at 2.1150 and 2.1400<br /><br />Support: 2.0427, 2.0398, 2.0383, 2.0364, 2.0340<br />Resistance: 2.0465, 2.0492, 2.0520, 2.0545, 2.0574<br /><br />Recommendation: We expect buying sterling above 2.0440 with a target at 2.0550 stop loss below 2.0380.<br /><br />by Crown Forex Dec 13 07 07:57 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-7188101636800157454?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-39477412946466496822007-12-13T15:32:00.000+07:002007-12-13T15:33:23.970+07:00The European currency yesterday rallied to the upside direction after it reversed back from the significant support level as low as 1.4650s to the major upside trend line to hold the Euro up until the major resistance level at 1.4740s with high volume. This indicates the upside potential for today to set the target at 1.4830s resistance level if the currency succeeds passing the important resistance level at 1.4770s.<br /><br />The trading range for today might be between the key resistance level at 1.48580 and the key support level at 1.4600.<br /><br />The general trend is up as far as 1. 4270 remains intact targets now at 1.5000 and 1.5370<br /><br />Support: 1.4692, 1.4670, 1.4647, 1.4626, 1.4608<br />Resistance: 1.4714, 1.4733, 1.4765, 1.4787, 1.4810<br /><br />Recommendation: We expect buying Euro above 1.4680 with a target at 1.4780, stop loss below 1.4630.<br /><br />by Crown Forex Dec 13 07 07:57 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-3947741294646649682?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-71705368346715972662007-12-13T15:28:00.000+07:002007-12-13T15:30:12.089+07:00Thursday, 13 December 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4750 - 1.4660 <br />Trend: Downward <br />Sell at 1.4737 SL 1.4769 TP 1.4670 <br /> <br />USD/JPY <br />Trading range: 112.10 - 111.25 <br />Trend: Downward <br />Sell at 111.97 SL 112.29 TP 111.35 <br /> <br />GBP/USD <br />Trading range: 2.0495 - 2.0390 <br />Trend: Downward <br />Sell at 2.0481 SL 2.0513 TP 2.0403 <br /> <br />USD/CHF <br />Trading range: 1.1290 - 1.1385 <br />Trend: Upward <br />Buy at 1.1300 SL 1.1268 TP 1.1375 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-7170536834671597266?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-81131960709973140842007-12-12T14:54:00.000+07:002007-12-12T14:58:33.766+07:00Wednesday, 12 December 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4645 - 1.4735 <br />Trend: Upward <br />Buy at 1.4656 SL 1.4624 TP 1.4723 <br /> <br />USD/JPY <br />Trading range: 111.25 - 110.40 <br />Trend: Downward <br />Sell at 111.13 SL 111.45 TP 110.51 <br /> <br />GBP/USD <br />Trading range: 2.0340 - 2.0445 <br />Trend: Upward <br />Buy at 2.0354 SL 2.0322 TP 2.0432 <br /> <br />USD/CHF <br />Trading range: 1.1335 - 1.1240 <br />Trend: Downward <br />Sell at 1.1324 SL 1.1356 TP 1.1252 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-8113196070997314084?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-37135567889094316972007-12-11T17:23:00.000+07:002007-12-11T17:24:29.401+07:00Tuesday, 11 December 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4760 - 1.4670 <br />Trend: Downward <br />Sell at 1.4747 SL 1.4779 TP 1.4680 <br /> <br />USD/JPY <br />Trading range: 111.60 - 112.45 <br />Trend: Upward <br />Buy at 111.73 SL 111.41 TP 112.35 <br /> <br />GBP/USD <br />Trading range: 2.0530 - 2.02425 <br />Trend: Downward <br />Sell at 2.0516 SL 2.0548 TP 2.0438 <br /> <br />USD/CHF <br />Trading range: 1.1245 - 1.1340 <br />Trend: Upward <br />Buy at 1.1255 SL 1.1223 TP 1.1330 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-3713556788909431697?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-1923699450452102782007-12-10T15:41:00.000+07:002007-12-10T15:43:06.300+07:00Monday, 10 December 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4670 - 1.4575 <br />Trend: Downward <br />Sell at 1.4656 SL 1.4688 TP 1.4589 <br /> <br />USD/JPY <br />Trading range: 111.35 - 112.20 <br />Trend: Upward <br />Buy at 111.46 SL 111.14 TP 112.08 <br /> <br />GBP/USD <br />Trading range: 2.0350 - 2.0250 <br />Trend: Downward <br />Sell at 2.0339 SL 2.0371 TP 2.0261 <br /> <br />USD/CHF <br />Trading range: 1.1270 - 1.1370 <br />Trend: Upward <br />Buy at 1.1282 SL 1.1250 TP 1.1357 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-192369945045210278?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-37117767928026338822007-12-07T15:35:00.000+07:002007-12-07T15:36:15.300+07:00Friday, 07 December 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4645 - 1.4555 <br />Trend: Downward <br />Sell at 1.4632 SL 1.4664 TP 1.4565 <br /> <br />USD/JPY <br />Trading range: 111.05 - 111.95 <br />Trend: Upward <br />Buy at 111.19 SL 110.87 TP 111.81 <br /> <br />GBP/USD <br />Trading range: 2.0275 - 2.0175 <br />Trend: Downward <br />Sell at 2.0265 SL 2.0297 TP 2.0187 <br /> <br />USD/CHF <br />Trading range: 1.1285 - 1.1385 <br />Trend: Upward <br />Buy at 1.1298 SL 1.1266 TP 1.1373 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-3711776792802633882?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-87132090155568555432007-12-06T15:35:00.000+07:002007-12-06T15:37:57.043+07:00Thursday, 06 December 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4630 - 1.4535 <br />Trend: Downward <br />Sell at 1.4616 SL 1.4648 TP 1.4549 <br /> <br />USD/JPY <br />Trading range: 110.60 - 111.65 <br />Trend: Upward <br />Buy at 110.73 SL 110.41 TP 111.55 <br /> <br />GBP/USD <br />Trading range: 2.0320 - 2.0220 <br />Trend: Downward <br />Sell at 2.0309 SL 2.0341 TP 2.0231 <br /> <br />USD/CHF <br />Trading range: 1.1255 - 1.1355 <br />Trend: Upward <br />Buy at 1.1267 SL 1.1235 TP 1.1342 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-8713209015556855543?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com1tag:blogger.com,1999:blog-9046447475001974409.post-61354155872949834792007-12-05T15:35:00.000+07:002007-12-05T15:36:50.774+07:00Wednesday, 05 December 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4780 - 1.4690 <br />Trend: Downward <br />Sell at 1.4769 SL 1.4801 TP 1.4702 <br /> <br />USD/JPY <br />Trading range: 109.90 - 110.80 <br />Trend: Downward <br />Sell at 110.04 SL 109.72 TP 110.66 <br /> <br />GBP/USD <br />Trading range: 2.0590 - 2.0485 <br />Trend: Downward <br />Sell at 2.0576 SL 2.0608 TP 2.0498 <br /> <br />USD/CHF <br />Trading range: 1.1145 - 1.1245 <br />Trend: Upward <br />Buy at 1.1155 SL 1.1123 TP 1.1231 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-6135415587294983479?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-52265582359420355512007-12-05T15:34:00.000+07:002007-12-05T15:35:29.501+07:00The dollar against the SWISS Frank decreased yesterday due to the sell-off of the pair. The technical direction parameters show the continuation pattern to the downside targets within the downside channel, and thus we expect today a bearish drop.<br /><br />The trading range for today will be between the key resistances at 1.1380 the key support at 1.1030.<br /><br />The general trend is down as far as 1.1830 remains intact, targets at 1.0850 and 1.0640.<br /><br />Support: 1.1150, 1.1120, 1.1098, 1.1066, 1.1039<br />Resistance: 1.1170, 1.1190, 1.1212, 1.1230, 1.1250<br /><br />Recommendation: We expect selling USD/CHF below 1.1180 with a target at 1.1080, stop loss above 1.1240.<br /><br />by Crown Forex Dec 05 07 07:53 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-5226558235942035551?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-18833825638186217692007-12-05T15:24:00.000+07:002007-12-05T15:34:25.599+07:00The dollar against the Japanese yen depreciated to the downside direction yesterday with high levels of volume in a very strong bearish pattern since it couldn't breach the main resistance level two days ago at the minor downside trend line at 111.00 to arrange a downside trend. Today we expect the pair to progress towards the downside as well.<br /><br />The trading range for today will be between the key resistance at 110.50 and the key support at 108.50<br /><br />The general trend is down as far as 121.30 remains intact, targets at 106.45 and 104.70.<br /><br />Support: 109.40, 109.20, 108.90, 108.65, 108.30<br />Resistance: 109.80, 110.07, 110.30, 110.57, 110.78<br /><br />Recommendation: We expect selling USD/JPY below 109.90 with a target at 108.80, stop loss above 110.50<br /><br />by Crown Forex Dec 05 07 07:53 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-1883382563818621769?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-60227804760044116942007-12-05T15:23:00.000+07:002007-12-05T15:24:07.200+07:00The British pound yesterday declined in a strong bearish movement since it failed to pass the key resistance level at 2.0670s to drop down hitting the levels of 2.0560s opening a new chance for the pound to retest the major upside trend line at the point of 2.0460s support. Today, the pound might progress towards the downside as well.<br /><br />The trading range for today might be between the key resistance level at 2.0680 and the key support level at 2.0400.<br /><br />The general trend is up as far as 1.9950 remains intact targets now at 2.1150 and 2.1400<br /><br />Support: 2.0527, 2.0498, 2.0483, 2.0464, 2.0450<br />Resistance: 2.0565, 2.0592, 2.0620, 2.0645, 2.0674<br /><br />Recommendation: We expect selling sterling below 2.0585 with a target at 2.0480 stop loss above 2.0640.<br /><br />by Crown Forex Dec 05 07 07:53 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-6022780476004411694?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-73716504753518353242007-12-05T15:17:00.000+07:002007-12-05T15:20:03.848+07:00The European currency rallied to the upside direction yesterday after it reversed back from the significant support level as low as 1.4630s to the upside trend line to hold the euro up until the major resistance level at 1.4760s in high volume to indicate the upside potential for today setting the target at the 1.4830s resistance level.<br /><br />The trading range for today might be between the key resistance level at 1.4880 and the key support level at 1.4640.<br /><br />The general trend is up as far as 1. 4270 remains intact targets now at 1.5000 and 1.5370<br /><br />Support: 1.4733, 1.4714, 1.4692, 1.4670, 1.4647<br />Resistance: 1.4765, 1.4787, 1.4810, 1.4828, 1.4860<br /><br />Recommendation: We expect buying Euro above 1.4735 with a target at 1.4830, stop loss below 1.4690.<br /><br />by Crown Forex Dec 05 07 07:53 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-7371650475351835324?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-89030725173339778662007-12-04T16:37:00.000+07:002007-12-04T16:38:13.949+07:00The dollar against the SWISS Frank yesterday remained so quiet without any major moves with some tendency towards the downside. Today we expect the pair to drop heavily after it has gathered bearish momentum to set the pair down until the target of 1.1170s.<br /><br />The trading range for today will be between the key resistances at 1.1360 the key support at 1.1140.<br /><br />The general trend is down as far as 1.1830 remains intact, targets at 1.0850 and 1.0640.<br /><br />Support: 1.1245, 1.1220, 1.1198, 1.1166, 1.1139 <br />Resistance: 1.1270, 1.1290, 1.1314, 1.1338, 1.1366 <br /><br />Recommendation: We expect selling USD/CHF below 1.1290 with a target at 1.1180, stop loss above 1.1340<br /><br />by Crown Forex Dec 04 07 08:10 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-8903072517333977866?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-41336533787000150672007-12-04T16:36:00.000+07:002007-12-04T16:37:16.255+07:00The dollar against the Japanese yen showed a quiet movement last time due to the low volume however it managed a key drop to hit the important support at 110.05. On the other hand, the technical oscillator parameters placed some bearish signals yesterday to lead the pair to the downside.<br /><br />The trading range for today will be between the key resistance at 111.50 and the key support at 109.00<br /><br />The general trend is down as far as 121.30 remains intact, targets at 106.45 and 104.80. <br /><br />Support: 110.07, 109.80, 109.40, 109.20, 108.90 <br />Resistance: 110.30, 110.57, 110.78, 111.02, 111.27 <br /><br />Recommendation: We expect selling USD/JPY below 110.65 with a target at 109.50, stop loss above 111.10<br /><br />by Crown Forex Dec 04 07 08:10 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-4133653378700015067?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-58907116330753051412007-12-04T16:35:00.000+07:002007-12-04T16:36:24.570+07:00The British pound yesterday arranged a bullish move despite the downside tendency that appeared in the first trading session as the pound couldn’t breach the key support level at 2.0520s to set the upside target as the high as 2.0680s levels. Today we expect the pound to continue towards the upside direction. <br /><br />The trading range for today might be between the key resistance level at 2.0800 and the key support level at 2.0500.<br /><br />The general trend is up as far as 1.9950 remains intact targets now at 2.1150 and 2.1400.<br /><br />Support: 2.0627, 2.0598, 2.0567, 2.0540, 2.0524 <br />Resistance: 2.0650, 2.0670, 2.0690, 2.0718, 2.0745 <br /><br />Recommendation: We expect buying sterling above 2.0640 with a target at 2.0720 stop loss below 2.0585<br /><br />by Crown Forex Dec 04 07 08:10 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-5890711633075305141?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-88914115850162259892007-12-04T16:34:00.000+07:002007-12-04T16:35:33.086+07:00The European currency fluctuated in a balanced move yesterday below the key upside trend line; however, the technical oscillators studies pointed some reversal signals to take the Euro to the upside today depending on the high level of volume to cause a major breakthrough to the levels of 1.4710 resistance<br /><br />The trading range for today might be between the key resistance level at 1.4780 and the key support level at 1.4870. <br /><br />The general trend is up as far as 1. 4270 remains intact targets now at 1.5000 and 1.5370<br /><br />Support: 1.4665, 1.4633, 1.4618, 1.4592, 1.4570 <br />Resistance: 1.4690, 1.4717, 1.4746, 1.4770, 1.4792 <br /><br />Recommendation: We expect buying Euro above 1.4650 with a target at 1.4735, stop loss below 1.4610.<br /><br />by Crown Forex Dec 04 07 08:10 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-8891411585016225989?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-75743838407424645742007-12-04T15:03:00.000+07:002007-12-04T15:04:00.326+07:00Tuesday, 04 December 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4705 - 1.4615 <br />Trend: Downward <br />Sell at 1.4695 SL 1.4727 TP 1.4628 <br /> <br />USD/JPY <br />Trading range: 110.60 - 109.75 <br />Trend: Downward <br />Sell at 110.47 SL 110.79 TP 109.85 <br /> <br />GBP/USD <br />Trading range: 2.0685 - 2.0580 <br />Trend: Downward <br />Sell at 2.0672 SL 2.0704 TP 2.0594 <br /> <br />USD/CHF <br />Trading range: 1.1255 - 1.1335 <br />Trend: Upward <br />Buy at 1.1265 SL 1.1233 TP 1.1324 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-7574383840742464574?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-18142398535365401532007-12-03T15:40:00.000+07:002007-12-03T15:41:43.708+07:00The dollar against the Canadian moved slightly towards the upside last week due to the low volume. Nevertheless, the upside potential is still available as long as the technical indicators point to the upside signals.<br /><br />The trading range for today will be between the key resistance at 1.0100 and the key support at 0.9900.<br /><br />The general trend is down as far as 1.0245 remains intact, targets will be 0.9030 and 0.8965.<br /><br />Support: 0.9950, 0.9920, 0.9900, 0.9880, 0.9855<br />Resistance: 0.9975, 1.0007, 1.0024, 1.0051, 1.0078<br /><br /><span style="font-weight:bold;">Recommendation:</span> We expect buying USD/CAD above 0.9960 with a target at 1.0060, stop loss below 0.9900.<br /><br />by Crown Forex Dec 03 07 08:04 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-1814239853536540153?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-44706619291939303582007-12-03T15:38:00.000+07:002007-12-03T15:39:56.214+07:00The dollar against the SWISS Frank last time jumped to the upside direction after it managed to break the tough area around 1.1200s to set the upside projection target at 1.1470s in the upcoming days.<br /><br />The trading range for today will be between the key resistances at 1.1420 the key support at 1.1140.<br /><br />The general trend is down as far as 1.1830 remains intact, targets at 1.0850 and 1.0640.<br /><br />Support: 1.1320, 1.1298, 1.1266, 1.1239, 1.1207<br />Resistance:1.1345, 1.1370, 1.1390, 1.1414, 1.1438<br /><br /><span style="font-weight:bold;">Recommendation:</span> We expect buying USD/CHF above 1.1285 with a target at 1.1360, stop loss below 1.1240.<br /><br />by Crown Forex Dec 03 07 08:04 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-4470661929193930358?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-57421459797778434552007-12-03T15:37:00.000+07:002007-12-03T15:38:15.371+07:00The dollar against the Japanese yen rallied to the upside direction last Friday to set the upside target at 112.10 in form of an upside projection after it passed the key level at 110.70s. The technical parameters indicated the upside target as they confirmed the upside signals.<br /><br />The trading range for today will be between the key resistance at 112.50 and the key support at 108.20<br /><br />The general trend is down as far as 121.30 remains intact, targets at 106.45 and 104.80.<br /><br />Support: 110.80, 110.40, 110.20, 109.90, 109.65<br />Resistance: 111.07, 111.30, 111.57, 111.78, 112.02<br /><br /><span style="font-weight:bold;">Recommendation:</span> We expect buying USD/JPY above 111.00 with a target at 112.00, stop loss below 110.50.<br /><br />by Crown Forex Dec 03 07 08:04 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-5742145979777843455?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-70291049807076041872007-12-03T15:35:00.000+07:002007-12-03T15:36:46.248+07:00The British pound drove through the downside channel last week since it was unable to breach the major resistance level at 2.0700 to reverse back to the downside in terms of correctional movements to extend the downside channel for today.<br /><br />The trading range for today might be between the key resistance level at 2.0700 and the key support level at 2.0450.<br /><br />The general trend is up as far as 1.9950 remains intact targets now at 2.1150 and 2.1400<br /><br />Support: 2.0498, 2.0467, 2.0440, 2.0424, 2.0406<br />Resistance: 2.0527, 2.0550, 2.0570, 2.0590, 2.0618<br /><br /><span style="font-weight:bold;">Recommendation:</span> We expect selling sterling below 2.0585 with a target at 2.0490 stop loss above 2.0635.<br /><br />by Crown Forex Dec 03 07 08:04 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-7029104980707604187?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-85688114452297303652007-12-03T14:59:00.000+07:002007-12-03T15:03:27.332+07:00Monday, 03 December 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4645 - 1.4735 <br />Trend: Upward <br />Buy at 1.4655 SL 1.4623 TP 1.4722 <br /> <br />USD/JPY <br />Trading range: 110.80 - 109.95 <br />Trend: Downward <br />Sell at 110.67 SL 110.99 TP 110.05 <br /> <br />GBP/USD <br />Trading range: 2.0550 - 2.0650 <br />Trend: Upward <br />Buy at 2.0560 SL 2.0528 TP 2.0638 <br /> <br />USD/CHF <br />Trading range: 1.1295 - 1.1195 <br />Trend: Downward <br />Sell at 1.1283 SL 1.1315 TP 1.1208<br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-8568811445229730365?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-87576815475178360732007-12-03T13:14:00.000+07:002007-12-03T14:42:28.498+07:00<span style="font-weight:bold;">GBP/USD - British Pound Dollar<br />Short term (Intraday)</span><br />2,0574. GBP USD broke 2,0600 support. GBP USD is in a consolidation after the last bearish movement. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP USD. The downtrend should continue on 2,0400 support. The price should find a resistance below 2,0595.<br />=> We could take a short position at 2,0575. We will put the stop loss above 2,0610 (-35 pips). The targets are 2,0490 (+85 pips) 2,0430 (+145 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 1.<br /><br />Resistances<br /> 2,0595 - 2,0650<br />Supports<br /> 2,0545 - 2,0485<br /><br />Updated 03 Dec 2007 05:54 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-8757681547517836073?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-15667912892905095392007-11-29T16:56:00.000+07:002007-11-29T16:57:40.308+07:00The dollar against the SWISS Frank declined yesterday due to a sell-off as the technical direction parameters still show the continuation pattern to the downside targets within the downside channel. Thus we expect today a bearish drop with new downside records.<br /><br />The trading range for today will be between the key resistances at 1.1220 the key support at 1.0960.<br /><br />The general trend is down as far as 1.1830 remains intact, targets at 1.0850 and 1.0640.<br /><br />Support: 1.1050, 1.1020, 1.0998, 1.0966, 1.0939<br />Resistance: 1.1070, 1.1090, 1.1112, 1.1130, 1.1150<br /><br /><span style="font-weight:bold;">Recommendation:</span> We expect selling USD/CHF below 1.1080 with a target at 1.1000, stop loss above 1.1130.<br /><br />by CROWN FOREX Nov 29 07 08:09 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-1566791289290509539?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-68605104038040884662007-11-29T16:53:00.000+07:002007-11-29T16:56:05.538+07:00The dollar against the Japanese yen fluctuated in both directions with tendency to the downside as the technical parameters showed yesterday. The horizontal support line at 109.60s played a significant role to limit the downside trend yesterday but the other elements are still pressuring to the downside.<br /><br />The trading range for today will be between the key resistance at 111.50 and the key support at 108.00<br /><br />The general trend is down as far as 121.30 remains intact, targets at 108.00 and 106.40.<br /><br />Support: 109.40, 109.20, 108.90, 108.65, 108.30<br />Resistance: 109.80, 110.07, 110.30, 110.57, 110.78<br /><br /><span style="font-weight:bold;">Recommendation:</span> We expect selling USD/JPY below 110.45 with a target at 109.30, stop loss above 111.00.<br /><br />by CROWN FOREX Nov 29 07 08:09 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-6860510403804088466?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-28364153339420033512007-11-29T16:51:00.000+07:002007-11-29T16:53:22.289+07:00The British pound yesterday rose in a powerful move passing the major resistance levels at 2.0560s, to hit the high at the levels of 2.0690s. The technical trend studies, beside the technical oscillators, still show the upside targets; so we expect a bullish movement for the pound today.<br /><br />The trading range for today might be between the key resistance level at 2.1100 and the key support level at 2.0980.<br /><br />The general trend is up as far as 1.9950 remains intact targets now at 2.1150 and 2.1400<br /><br />Support: 2.0760, 2.0742, 2.0727, 2.0700, 2.0675<br />Resistance: 2.0795, 2.0850, 2.0870, 2.0890, 2.0920<br /><br /><span style="font-weight:bold;">Recommendation:</span> We expect buying sterling above 2.0770 with a target at 2.870 stop loss below 2.0715<br /><br />by CROWN FOREX Nov 29 07 08:09 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-2836415333942003351?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-13631279148296442592007-11-29T14:50:00.000+07:002007-11-29T14:52:33.693+07:00Thursday, 29 November 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4855 - 1.4765 <br />Trend: Downward <br />Sell at 1.4842 SL 1.4874 TP 1.4775 <br /> <br />USD/JPY <br />Trading range: 109.75 - 110.65 <br />Trend: Upward <br />Buy at 109.89 SL 109.57 TP 110.51 <br /> <br />GBP/USD <br />Trading range: 2.0800 - 2.0695 <br />Trend: Downward <br />Sell at 2.0786 SL 2.0818 TP 2.0707 <br /> <br />USD/CHF <br />Trading range: 1.1090 - 1.1190 <br />Trend: Upward <br />Buy at 1.1104 SL 1.1072 TP 1.1178 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-1363127914829644259?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-43160566886639532642007-11-28T15:18:00.000+07:002007-11-28T15:19:36.249+07:00Wednesday, 28 November 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4835 - 1.4745 <br />Trend: Downward <br />Sell at 1.4823 SL 1.4855 TP 1.4756 <br /> <br />USD/JPY <br />Trading range: 108.00 - 109.05 <br />Trend: Upward <br />Buy at 108.32 SL 108.00 TP 108.94 <br /> <br />GBP/USD <br />Trading range: 2.0705 - 2.0595 <br />Trend: Downward <br />Sell at 2.0693 SL 2.0725 TP 2.0608 <br /> <br />USD/CHF <br />Trading range: 1.1040 - 1.1140 <br />Trend: Upward <br />Buy at 1.1051 SL 1.1019 TP 1.1126 <br /><br />by iFOREX Daily Forecast 28.11.2007<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-4316056688663953264?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-88275238245977232252007-11-28T15:13:00.000+07:002007-11-28T15:14:57.225+07:00The dollar against the SWISS Frank started yesterday with a strong bullish move as it failed to go beyond the key support level at 1.0960s to rally back to the upside resistance until the levels of 1.1060s. As result, today might be a bullish move taking the pair to the next upper resistance level at until 1.1140s.<br /><br />The trading range for today will be between the key resistances at 1.1160 the key support at 1.0940.<br /><br />The general trend is down as far as 1.1830 remains intact, targets at 1.0850 and 1.0640.<br /><br />Support: 1.1020, 1.0998, 1.0966, 1.0939, 1.0926<br />Resistance: 1.1070, 1.1090, 1.1114, 1.1138, 1.1166<br /><span style="font-weight:bold;"><br />Recommendation:</span> We expect selling USD/CHF below 1.1140 with a target at 1.1020, stop loss above 1.1180.<br /><br />by CROWN FOREX Nov 28 07 07:47 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-8827523824597723225?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-77180092252449599632007-11-28T15:06:00.000+07:002007-11-28T15:07:51.880+07:00The British pound yesterday fluctuated with a neutral pattern as it couldn't pass the tough resistance level at 2.0750s despite it dropping to reach the key support level at 2.0640s without being able to break it. Therefore, we expect bearish movements towards the downside today as the pound lacks bullish momentum.<br /><br />The trading range for today might be between the key resistance level at 2.0820 and the key support level at 2.0500.<br /><br />The general trend is up as far as 1.9950 remains intact targets now at 2.1150 and 2.1400<br /><br />Support: 2.0667, 2.0640, 2.0624, 2.0506, 2.0575<br />Resistance: 2.0698, 2.0727, 2.0750, 2.0770, 2.0790<br /><span style="font-weight:bold;"><br />Recommendation:</span> We expect selling sterling below 2.0720 with a target at 2.0600 stop loss above 2.0770<br /><br />by CROWN FOREX Nov 28 07 07:47 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-7718009225244959963?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-77822576272771521652007-11-28T15:04:00.000+07:002007-11-28T15:13:35.260+07:00The European currency declined yesterday after it jumped to the key resistance at the levels of 1.4920s to reach as low as the key support level at 1.4800s. This move affected the technical oscillators indicators to reflect some bearish movements in the upcoming period.<br /><br />The trading range for today might be between the key resistance level at 1.4950 and the key support level at 1.4720.<br /><br />The general trend is up as far as 1. 4270 remains intact targets now at 1.5000 and 1.5370<br /><br />Support: 1.4815, 1.4790, 1.4765, 1.4733, 1.4718<br />Resistance: 1.4840, 1.4870, 1.4897, 1.4914, 1.4940<br /><br /><span style="font-weight:bold;">Recommendation:</span> We expect selling Euro below 1.4850 with a target at 1.4775, stop loss above 1.4900.<br /><br />by CROWN FOREX Nov 28 07 07:47 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-7782257627277152165?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-38216294975314124342007-11-27T14:53:00.001+07:002007-11-27T14:53:45.879+07:00Tuesday, 27 November 2007 - 7:00 AM GMT<br />EUR/USD <br />Trading range: 1.4730 - 1.4925 <br />Trend: Upward <br />Buy at 1.4844 SL 1.4812 TP 1.4911 <br /> <br />USD/JPY <br />Trading range: 108.70 - 107.80 <br />Trend: Downward <br />Sell at 108.56 SL 108.88 TP 107.94 <br /> <br />GBP/USD <br />Trading range: 2.0680 - 2.0785 <br />Trend: Upward <br />Buy at 2.0694 SL 2.0662 TP 2.0772 <br /> <br />USD/CHF <br />Trading range: 1.1025 - 1.0925 <br />Trend: Downward <br />Sell at 1.1012 SL 1.1044 TP 1.0937 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-3821629497531412434?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com1tag:blogger.com,1999:blog-9046447475001974409.post-51230785346766852672007-11-27T13:34:00.000+07:002007-11-27T13:37:23.700+07:00<span style="font-weight:bold;">USD/CHF - Dollar Swiss Franc<br />Short term (Intraday)</span><br />1,1000. USD CHF is in an downtrend directed by 4H exponential moving averages. USD CHF is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are flat. ForexTrend 1H, daily (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The price should find a support above 1,0940.<br />=> We could take a short position at 1,1010. We will put the stop loss above 1,1050 (-40 pips). The targets are 1,0940 (+70 pips) 1,0850 (+160 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.<br /><br />Resistances<br /> 1,1010 - 1,1045<br />Supports<br /> 1,0960 - 1,0940<br /><br />Updated 27 Nov 2007 05:49 GMT by MATAF<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-5123078534676685267?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-51622265363711055372007-11-26T16:01:00.000+07:002007-11-26T16:03:57.165+07:00Monday, 26 November 2007 - 7:00 AM GMT <br />EUR/USD <br />Trading range: 1.4795 - 1.4885 <br />Trend: Upward <br />Buy at 1.4806 SL 1.4774 TP 1.4872 <br /> <br />USD/JPY <br />Trading range: 108.85 - 107.95 <br />Trend: Downward <br />Sell at 108.71 SL 109.03 TP 108.09 <br /> <br />GBP/USD <br />Trading range: 2.0605 - 2.0705 <br />Trend: Upward <br />Buy at 2.0616 SL 2.0584 TP 2.0693 <br /> <br />USD/CHF <br />Trading range: 1.1080 - 1.0985 <br />Trend: Downward <br />Sell at 1.1070 SL 1.1102 TP 1.0995 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-5162226536371105537?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-9489945303374065082007-11-23T15:57:00.000+07:002007-11-23T15:58:19.732+07:00Friday, 23 November 2007 - 7:00 AM GMT <br />EUR/USD <br />Trading range: 1.4930 - 1.4835 <br />Trend: Downward <br />Sell at 1.4920 SL 1.4952 TP 1.4848 <br /> <br />USD/JPY <br />Trading range: 108.10 - 108.70 <br />Trend: Upward <br />Buy at 107.96 SL 108.28 TP 108.58 <br /> <br />GBP/USD <br />Trading range: 2.0745 - 2.0630 <br />Trend: Downward <br />Sell at 2.0735 SL 2.0767 TP 2.0640 <br /> <br />USD/CHF <br />Trading range: 1.0910 - 1.1010 <br />Trend: Upward <br />Buy at 1.0924 SL 1.0896 TP 1.1000 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-948994530337406508?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-77833238847817916092007-11-23T15:53:00.000+07:002007-11-23T15:54:52.823+07:00The dollar against the Japanese yen fluctuated in the upside direction in the morning session yesterday to reach the major resistance levels at 109.20s failing to breach it. Therefore it managed a downside movement to close in a bearish pattern near the opening levels. Due to this bearish close, the pair today might drop until the key support level at 107.50 to continue declining again after that. <br /><br />The trading range for today will be between the key resistance at 109.20 and the key support at 107.00.<br /><br />The general trend is down as far as 118.00 remains intact, targets at 106.45 and 104.80. <br /><br />Support: 107.80, 107.63, 107.37, 107.11, 106.87 <br />Resistance: 108.20, 108.50, 108.85, 109.05, 109.27 <br /><br /><strong>Recommendation:</strong> We expect selling USD/JPY below 108.70 with a target at 107.85, stop loss above 109.30.<br /><br />by Crown Forex Nov 23 07 07:59 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-7783323884781791609?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-45293456064873673092007-11-23T15:52:00.000+07:002007-11-23T15:53:49.985+07:00The British pound last time declined towards the key support level at 2.0580s passing the next support level at 2.0600. Nevertheless, the volume was low yesterday due to the US markets holiday, and today we don't expect major movements due to the early closing. <br /><br />The trading range for today might be between the key resistance level at 2.0700 and the key support level at 2.0480.<br /><br />The general trend is up as far as 1.9950 remains intact targets now at 2.1170 and 2.1420<br /><br />Support: 2.0605, 2.0580, 2.0560, 2.0538, 2.0517 <br />Resistance: 2.0620, 2.0660, 2.0685, 2.0717, 2.0739 <br /><br /><strong>Recommendation:</strong> We expect selling sterling below 2.0635 with a target at 2.0520 stop loss above 2.0685.<br /><br />by Crown Forex Nov 23 07 07:59 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-4529345606487367309?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-25874054730231789952007-11-23T15:49:00.000+07:002007-11-23T15:51:44.786+07:00The European currency obviously was so quiet yesterday due to the absence of the US markets, which resulted in the euro being traded in low volume. However, the euro just started missing the upside momentum which in role took the currency down. In the meantime, the technical parameters show the downside direction for today as the euro couldn't break the upside resistance level at 1.4880s yesterday.<br /><br />The trading range for today might be between the key resistance level at 1.4950 and the key support level at 1.4720. <br /><br />The general trend is up as far as 1. 4270 remains intact targets now at 1.5000 and 1.5370<br /><br />Support: 1.4832, 1.4809, 1.4478, 1.4745, 1.4727 <br />Resistance: 1.4870, 1.4892, 1.4910, 1.4942, 1.4967 <br /><br /><strong>Recommendation:</strong> We expect selling Euro below 1.4870 with a target at 1.4780 stop loss above 1.4915.<br /><br />by Crown Forex Nov 23 07 07:59 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-2587405473023178995?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-5897164031633834792007-11-23T13:25:00.000+07:002007-11-23T13:30:17.119+07:00<strong>AUD/USD - Australian Dollar US Dollar<br />Short term (Intraday)</strong>0,8717. AUD USD broke 0,8780 support. AUD USD is in an downtrend directed by 1H exponential moving averages. AUD USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) crosses and gives a negative signal. The downtrend should continue to gather momentum. The price should find a resistance below 0,8780. <br />=> We could take a short position at 0,8730. We will put the stop loss above 0,8780 (-50 pips). The targets are 0,8680 (+50 pips) 0,8620 (+110 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2. <br /><br />Resistances<br />0,8730 - 0,8780<br /><br />Supports<br />0,8680 - 0,8625<br /><br />Updated 23 Nov 2007 05:20 GMT by MATAF<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-589716403163383479?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-69576711977100948032007-11-22T15:11:00.000+07:002007-11-22T15:15:01.806+07:00Thursday, 22 November 2007 - 7:00 AM GMT <br />EUR/USD <br />Trading range: 1.4825 - 1.4915 <br />Trend: Upward <br />Buy at 1.4836 SL 1.4804 TP 1.4902 <br /> <br />USD/JPY <br />Trading range: 109.25 - 108.40 <br />Trend: Downward <br />Sell at 109.12 SL 109.44 TP 108.50 <br /> <br />GBP/USD <br />Trading range: 2.0605 - 2.0705 <br />Trend: Upward <br />Buy at 2.0617 SL 2.0585 TP 2.0695 <br /> <br />USD/CHF <br />Trading range: 1.1045 - 1.0949 <br />Trend: Downward <br />Sell at 1.1033 SL 1.1065 TP 1.0959 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-6957671197710094803?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-26759333523752160442007-11-22T15:08:00.002+07:002007-11-22T15:09:50.386+07:00The dollar against the Japanese yen rallied yesterday towards the downside after it managed to breach the significant support level at 109.40s to hit the major support level at 108.20s. Yet the pair is preparing for new records towards the downside in the upcoming days. <br /><br />The trading range for today will be between the key resistance at 109.60 and the key support at 106.40.<br /><br />The general trend is down as far as 121.30 remains intact, targets at 108.00 and 106.40. <br /><br />Support: 108.27, 108.00, 107.81, 107.60, 107.38 <br />Resistance: 108.53, 108.80, 109.18, 109.43, 109.68 <br /><br /><strong>Recommendation:</strong> We expect selling USD/JPY below 108.50 with a target at 107.40, stop loss above 109.00<br /><br />by Crown Forex Nov 22 07 07:46 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-2675933352375216044?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-56267334972658470802007-11-22T15:06:00.000+07:002007-11-22T15:07:59.017+07:00The British pound yesterday declined to the downside in the morning session to hit the levels of 2.0530s. In the meantime, this move played a significant role to raise the pound up against the US dollar forming an upside rounding bottom confirming upside signals; taking into consideration the US market holiday to affect the volume.<br /><br />The trading range for today might be between the key resistance level at 2.0760 and the key support level at 2.0500.<br /><br />The general trend is up as far as 1.9950 remains intact targets now at 2.1150 and 2.1400<br /><br />Support: 2.0642, 2.0627, 2.0500, 2.0575, 2.0540 <br />Resistance: 2.0690, 2.0722, 2.0754, 2.0770, 2.0890 <br /><br /><strong>Recommendation: </strong>We expect buying sterling above 2.0630 with a target at 2.690 stop loss below 2.0585<br /><br />by Crown Forex Nov 22 07 07:46 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-5626733497265847080?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-53014582959266057882007-11-22T14:11:00.000+07:002007-11-22T14:12:00.231+07:00<strong>USD/JPY - Dollar Yen<br />Short term (Intraday)</strong>109,12. USD JPY broke 109,50 support. USD JPY is in an downtrend directed by 1H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility is low. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The price should find a resistance below 109,20. The downtrend should continue to gather momentum. <br />=> We could take a short position at 109,10. We will put the stop loss above 109,60 (-50 pips). The targets are 107,80 (+130 pips) 107,20 (+190 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3. <br /><br />Resistances<br />109,20 - 109,40<br /><br />Supports<br />108,80 - 108,40<br /><br />Updated 22 Nov 2007 05:27 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-5301458295926605788?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-70013451526060714972007-11-22T13:47:00.001+07:002007-11-22T14:03:51.392+07:00<strong>USD/CHF - Dollar Swiss Franc<br />Short term (Intraday)</strong><br />1,1024. USD CHF is in an downtrend directed by 1H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue to gather momentum. <br />=> We could take a short position at 1,1030. We will put the stop loss above 1,1060 (-30 pips). The targets are 1,0970 (+60 pips) 1,0930 (+100 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4. <br /><br />Resistances<br />1,1040 - 1,1060<br /><br />Supports<br />1,1010 - 1,0970<br /><br />Updated 22 Nov 2007 05:31 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-7001345152606071497?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-55761470320318591382007-11-21T15:19:00.000+07:002007-11-21T15:21:42.144+07:00Wednesday, 21 November 2007 - 7:00 AM GMT <br />EUR/USD <br />Trading range: 1.4865 - 1.4775 <br />Trend: Downward <br />Sell at 1.4855 SL 1.4887 TP 1.4788 <br /> <br />USD/JPY <br />Trading range: 108.70 - 109.55 <br />Trend: Upward <br />Buy at 108.83 SL 109.60 TP 109.45 <br /> <br />GBP/USD <br />Trading range: 2.0705 - 2.0605 <br />Trend: Downward <br />Sell at 2.0694 SL 2.0726 TP 2.0619 <br /> <br />USD/CHF <br />Trading range: 1.1010 - 1.1110 <br />Trend: Upward <br />Buy at 1.1024 SL 1.1105 TP 1.1100 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-5576147032031859138?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-45611026650906758102007-11-21T15:17:00.001+07:002007-11-21T15:17:46.326+07:00The dollar against the SWISS Frank declined yesterday due to the sell of the pair. The technical direction parameters still show the continuation pattern to the downside targets within the downside channel. Thus, we expect today a bearish drop with new downside records.<br /><br />The trading range for today will be between the key resistances at 1.1220 the key support at 1.0960.<br /><br />The general trend is down as far as 1.1830 remains intact, targets at 1.0850 and 1.0640.<br /><br />Support: 1.1050, 1.1020, 1.0998, 1.0966, 1.0939 <br />Resistance: 1.1070, 1.1090, 1.1112, 1.1130, 1.1150 <br /><br /><strong>Recommendation:</strong> We expect selling USD/CHF below 1.1080 with a target at 1.1000, stop loss above 1.1130.<br /><br />by Crown Forex Nov 21 07 07:52 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-4561102665090675810?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-3679026615602373852007-11-21T15:16:00.001+07:002007-11-21T15:16:51.229+07:00The dollar against the Japanese yen fluctuated in both directions with tendency to the downside as the technical parameters showed yesterday. The horizontal support line at 109.60s played significant role to limit the downside push yesterday but the other elements still worked to the downside.<br /><br />The trading range for today will be between the key resistance at 111.50 and the key support at 108.00.<br /><br />The general trend is down as far as 121.30 remains intact, targets at 108.00 and 106.40. <br /><br />Support: 109.40, 109.20, 108.90, 108.65, 108.30 <br />Resistance: 109.80, 110.07, 110.30, 110.57, 110.78 <br /><br /><strong>Recommendation:</strong> We expect selling USD/JPY below 110.20 with a target at 109.00, stop loss above 110.80.<br /><br />by Crown Forex Nov 21 07 07:52 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-367902661560237385?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-65961230842807281042007-11-21T15:14:00.000+07:002007-11-21T15:15:46.171+07:00The British pound yesterday rose in a powerful move passing the major resistance levels at 2.0560s, to hit the high at the levels of 2.0690s. The technical trend studies still show the upside targets beside the technical oscillators, so we expect a bullish movement for the pound today. <br /><br />The trading range for today might be between the key resistance level at 2.1200 and the key support level at 2.0980.<br /><br />The general trend is up as far as 1.9950 remains intact targets now at 2.1150 and 2.1400<br /><br />Support: 2.0660, 2.0642, 2.0627, 2.0500, 2.0575 <br />Resistance: 2.0695, 2.0750, 2.0770, 2.0890, 2.0920 <br /><br /><strong>Recommendation:</strong> We expect buying sterling above 2.0655 with a target at 2.720 stop loss below 2.0600<br /><br />by Crown Forex Nov 21 07 07:52 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-6596123084280728104?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-36370070047214310862007-11-21T15:12:00.000+07:002007-11-21T15:14:34.986+07:00The European currency progressed to the upside with solid form to confirm the upside potential, yet the technical indicators didn't reflect any bearish tendency to lead the currency towards the upside resistance as high as 1.4840s. Today we might see another bullish day for the Euro. <br /><br />The trading range for today might be between the key resistance level at 1.4950 and the key support level at 1.4760. <br /><br />The general trend is up as far as 1. 4270 remains intact targets now at 1.5000 and 1.5370<br /><br />Support: 1.4840, 1.4815, 1.4790, 1.4765, 1.4733 <br />Resistance: 1.4870, 1.4897, 1.4914, 1.4940, 1.4970 <br /><br /><strong>Recommendation:</strong> We expect buying Euro above 1.4820 with a target at 1.4900, stop loss below 1.4760<br /><br />by Crown Forex Nov 21 07 07:52 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-3637007004721431086?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-43381119250850868162007-11-20T15:40:00.001+07:002007-11-20T15:40:53.340+07:00Tuesday, 20 November 2007 - 7:00 AM GMT <br />EUR/USD <br />Trading range: 1.4660 - 1.4750 <br />Trend: Upward <br />Buy at 1.4672 SL 1.4640 TP 1.4739 <br /> <br />USD/JPY <br />Trading range: 110.60 - 109.75 <br />Trend: Downward <br />Sell at 110.47 SL 110.79 TP 109.85 <br /> <br />GBP/USD <br />Trading range: 2.0500 - 2.0610 <br />Trend: Upward <br />Buy at 2.0513 SL 2.0481 TP 2.0598 <br /> <br />USD/CHF <br />Trading range: 1.1180 - 1.1080 <br />Trend: Downward <br />Sell at 1.1166 SL 1.1198 TP 1.1091 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-4338111925085086816?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-20704657883163661362007-11-20T15:34:00.000+07:002007-11-20T15:35:24.384+07:00The dollar against the SWISS Frank was moving within very narrow ranges reflected by the low volume; nevertheless, the pair holds some tendency to the downside for today as the technical directional parameters indicated the downside trend line showing weakness in the upside direction. <br /><br />The trading range for today will be between the key resistances at 1.1260 the key support at 1.1040.<br /><br />The general trend is down as far as 1.2020 remains intact, targets at 1.1000 and 1.0940<br /><br />Support: 1.1130, 1.1111, 1.1087, 1.1065, 1.1040 <br />Resistance: 1.1167, 1.1188, 1.1219, 1.1237, 1.1258 <br /><br /><strong>Recommendation:</strong> We expect selling USD/CHF below 1.1180 with a target at 1.1105, stop loss above 1.1220<br /><br />by Crown Forex Nov 20 07 07:42 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-2070465788316366136?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-37189863289555418342007-11-20T15:33:00.000+07:002007-11-20T15:34:20.223+07:00The dollar against the Japanese yen rallied to the downside direction yesterday as it couldn't get over the major resistance level at 111.20s. Yet the pair extended the downside wave after it confirmed some bearish signals. <br /><br />The trading range for today will be between the key resistance at 111.50 and the key support at 108.00.<br /><br />The general trend is down as far as 121.30 remains intact, targets at 108.30 and 106.80. <br /><br />Support: 109.26, 109.09, 108.82, 108.56, 108.30 <br />Resistance: 109.50, 109.85, 110.05, 110.27, 110.48 <br /><br /><strong>Recommendation:</strong> We expect selling USD/JPY below 109.85 with a target at 108.55, stop loss above 110.35.<br /><br />by Crown Forex Nov 20 07 07:42 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-3718986328955541834?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-46533554198716837562007-11-20T15:30:00.000+07:002007-11-20T15:31:54.015+07:00The British pound yesterday started in a weak pattern by which it couldn't breach the main resistance level at 2.0560s to depreciate to the downside support as low as 2.0450s. Nevertheless, the technical oscillators still show the upside potential however lacking momentum in the upside movements. <br /><br />The trading range for today might be between the key resistance level at 2.0620 and the key support level at 2.0380.<br /><br />The general trend is up as far as 1.9950 remains intact targets now at 2.1170 and 2.1420<br /><br />Support: 2.0467, 2.0422, 2.0409, 2.0387, 2.0354 <br />Resistance: 2.0493, 2.0526, 2.0548, 2.0573, 2.0600 <br /><br /><strong>Recommendation:</strong> We expect selling sterling below 2.0550 with a target at 2.0450 stop loss above 2.0600.<br /><br />by Crown Forex Nov 20 07 07:42 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-4653355419871683756?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-46248084531019962802007-11-20T15:28:00.000+07:002007-11-20T15:30:54.759+07:00The European currency fell yesterday as it couldn't surpass the key resistance level at the minor downside trend line at the levels of 1.4690s to decrease then to the key support level at 1.4620s. At the end of the day, the Euro rebounded to the opening level forming some bullish signals for today. <br /><br />The trading range for today might be between the key resistance level at 1.4750 and the key support level at 1.4550. <br /><br />The general trend is up as far as 1. 4060 remains intact targets now at 1.4780 and 1.4960<br /><br />Support: 1.4632, 1.4609, 1.4578, 1.4545, 1.4527 <br />Resistance: 1.4654, 1.4670, 1.4692, 1.4710, 1.4737 <br /><br /><strong>Recommendation:</strong> We expect buying Euro above 1.4635 with a target at 1.4700 stop loss below 1.4585.<br /><br />by Crown Forex Nov 20 07 07:42 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-4624808453101996280?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-42184007131518908102007-11-20T12:39:00.000+07:002007-11-20T12:40:28.500+07:00<strong>USD/JPY - Dollar Yen<br />Short term (Intraday)</strong>110,13. USD JPY is in an downtrend directed by 4H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. The volatility decreases. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The price should find a support above 109,50. If the support is broken then the target will be 108,80. <br />=> We could take a short position at 110,20. We will put the stop loss above 110,70 (-50 pips). The targets are 109,20 (+100 pips) 108,80 (+140 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2. <br /><br />Resistances<br />110,30 - 110,50<br /><br />Supports<br />109,60 - 109,20<br /><br />Updated 20 Nov 2007 05:27 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-4218400713151890810?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-78704674322627521552007-11-20T12:36:00.000+07:002007-11-20T12:38:51.136+07:00<strong>USD/CHF - Dollar Swiss Franc<br />Short term (Intraday)</strong>1,1169. USD CHF is in an downtrend directed by 1H exponential moving averages. The volatility is low. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on USD CHF. The downtrend should continue to gather momentum. <br />=> We could take a short position at 1,1170. We will put the stop loss above 1,1210 (-40 pips). The targets are 1,1110 (+60 pips) 1,1030 (+140 pips) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4. <br /><br />Resistances<br />1,1175 - 1,1195<br /><br />Supports<br />1,1150 - 1,1130<br /><br />Updated 20 Nov 2007 05:36 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-7870467432262752155?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-9392568935798869472007-11-19T15:36:00.000+07:002007-11-19T15:37:50.769+07:00Monday, 19 November 2007 - 7:00 AM GMT <br />EUR/USD <br />Trading range: 1.4695 - 1.46055 <br />Trend: Downward <br />Sell at 1.4683 SL 1.4715 TP 1.4616 <br /> <br />USD/JPY <br />Trading range: 110.30 - 111.15 <br />Trend: Upward <br />Buy at 110.40 SL 110.08 TP 111.02 <br /> <br />GBP/USD <br />Trading range: 2.0565 - 2.0465 <br />Trend: Downward <br />Sell at 2.0554 SL 2.0586 TP 2.0476 <br /> <br />USD/CHF <br />Trading range: 1.1145 - 1.1245 <br />Trend: Upward <br />Buy at 1.1155 SL 1.1123 TP 1.1231 <br /><br />by iFOREX Daily Forecast<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-939256893579886947?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0tag:blogger.com,1999:blog-9046447475001974409.post-55599804867164750172007-11-19T15:33:00.000+07:002007-11-19T15:34:28.996+07:00The dollar against the Canadian reached to the top of the projection wave towards the upside last week and it was unable to breach through the significant resistance level at 0.9880s to create a bearish drop last Friday to stop at the key level at 0.9700s. As a result, we expect the pair to continue to the downside direction for today. <br /><br />The trading range for today will be between the key resistance at 0.9780 and the key support at 0.9500.<br /><br />The general trend is down as far as 1.0745 remains intact, targets will be 0.9030 and 0.8965.<br /><br />Support: 0.9726, 0.9710, 0.9687, 0.9656, 0.9635 <br />Resistance: 0.9750, 0.9775, 0.9807, 0.9818, 0.9846 <br /><br /><strong>Recommendation:</strong> We expect selling USD/CAD below 0.9750 with a target at 0.9660, stop loss above 0.9800.<br /><br />by Crown Forex Nov 19 07 07:42 GMT<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/9046447475001974409-5559980486716475017?l=forexchannel.blogspot.com' alt='' /></div>Pierre Weehttp://www.blogger.com/profile/13666330973955246024noreply@blogger.com0