2010-07-29 _ EUR/USD (21h11 CET) + RECAP of my views expressed prior to Asian Open
Okey-Dokey - yes, today we have seen it moving close to its daily Res 3 and monthly Res 3 - and finally it managed (endlich ! ! !) to cross beyond this awful 1.3047 / 49 level. And finally even that DPR 2 @ 1.3076 has been taken out. And its bias is still bullish - as long as it may hold above 1.3059/ 49 or 1.3036 / 24 area. Which seems to be likely furthermore...
Why not above 1.3185 or 1.3235 soon...
From here and now - we have all eyes on IMM closing data. Then we know how to play the pairs within next 24 hours...
In the time between we do some work on our systems. Many pairs had been detected - close or prior to imminent break-out zones - some are a bit exotic - some Swiss and Sterling crosses, some Yen, New Zealand and Aussie crosses and some CAD crosses too - but so what. Pips is pips.
Recapitulation :
Mehr gibt es jetzt nicht zu sagen. Der Rest ist ähnlich wie gestern - nur dass es heute eben etwas höher geht - so I think we could see one more attempt towards 1.3036 - 1.3049 or even above 1.3076 in case of an extention. Daily Chart again in a row of Harami Cross pattern situation.
As long as capped below 1.3060 - 1.3076 area - we could see a downside move again. Supportive Entry-zones for LONGS are seen close to 1.2981 / 75 and 1.2960/ 58. Last Entry- / Exit-Zone at around 1.2944 and 1.2926 limits. Below that limit - and only then - you can forget the upside at first for a while...
End of week no. 30 and end of month. Windrow dressing + a little change of market rythm im Hinblick auf x-mas 2010 could start soon then. Tja - das wars - und tschüss
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Okey-Dokey - yes, today we have seen it moving close to its daily Res 3 and monthly Res 3 - and finally it managed (endlich ! ! !) to cross beyond this awful 1.3047 / 49 level. And finally even that DPR 2 @ 1.3076 has been taken out. And its bias is still bullish - as long as it may hold above 1.3059/ 49 or 1.3036 / 24 area. Which seems to be likely furthermore...
Why not above 1.3185 or 1.3235 soon...
From here and now - we have all eyes on IMM closing data. Then we know how to play the pairs within next 24 hours...
In the time between we do some work on our systems. Many pairs had been detected - close or prior to imminent break-out zones - some are a bit exotic - some Swiss and Sterling crosses, some Yen, New Zealand and Aussie crosses and some CAD crosses too - but so what. Pips is pips.
Recapitulation :
Mehr gibt es jetzt nicht zu sagen. Der Rest ist ähnlich wie gestern - nur dass es heute eben etwas höher geht - so I think we could see one more attempt towards 1.3036 - 1.3049 or even above 1.3076 in case of an extention. Daily Chart again in a row of Harami Cross pattern situation.
As long as capped below 1.3060 - 1.3076 area - we could see a downside move again. Supportive Entry-zones for LONGS are seen close to 1.2981 / 75 and 1.2960/ 58. Last Entry- / Exit-Zone at around 1.2944 and 1.2926 limits. Below that limit - and only then - you can forget the upside at first for a while...
End of week no. 30 and end of month. Windrow dressing + a little change of market rythm im Hinblick auf x-mas 2010 could start soon then. Tja - das wars - und tschüss
bib bib
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts