Monday 5.11.2007
Gbpusd
W1 Market type=up{1.9705, buy-top}. The phase=gbp is on tops, intense zone to sell, turn downwards. Resistance is 2.09. It is preferable to sell only. Targets are 2.0580, 2.05.
D1 Market type = up{2.0240, buy- top+}, signal to sell is ready. The phase =drop to zero line on 2.0750. Selling from 2.09 and at breaks through downwards. Target is 2.08 and lower. It is preferable to sell only.
4h Market type =up{2.0380, buy-top}, signal to sell is ready. The phase = decreasing flat towards 2.0850 and down to 2.08 and then lower. Selling only. If gbp rises upper 2.0930, the forecast is cancelled.
As you see according to all TF there were only buy tendencies, Friday was the last day. Now the CCI shows medium-term turn downwards. In addition Month is for selling with 65 %, week – 75%. Monday is expected to be the day of turn.
eurusd
W1 Market type = up {1.3360, buy-top}, last zone to sell. The phase = selling while rebounding. Targets are 1.44 and 1.4280. Week is for selling with 78%. It is preferable to sell. If the pair moves upper 1.4550 it will mean cancellation of the scenario.
D1 Market type =up{1.4090, buy-top}, last zone to sell. The phase = TA is for sell while rebounding, on Monday euro usually drops for the last time, only eurgbp slows the drop as euro intends to beat gbp. Sell from 1.4520 targeting 1.4380 and lower and stop 1.4556.
4h Market type =up{1.4430, buy-top}, last zone to sell. The phase= from 1.45-1.4520 the pay drops till 1.4430 and if this level is broken through, medium-term correction downwards may begin. It is preferable
to sell.
Summary: w1 – decreasing flat, d1- decreasing flat h4 – just flat. Conclusion: the pair will be falling downwards until it breaks through essential supports.
usdjpy
W1 Market type = middle{119.50, sell-finish}, movement to zero line. The pair is in broad flat=range 114.30-115 and resistance is 115.50. The only pair that supports usd, that’s why at rebound to usd, the pair will rise quickly, but then will be restored with its rebounds to stay in flat.
D1 Market type =upper middle{117, sell-finish}, enter zone to sell. The phase=flat near 114.60-115. Zone to sell will make a slow drop of the pair with spikes upwards. First impulse upwards, then rebound, up again and if resistance is not broken through, the pair will rebound more but will stay in the rage with possibility of further rise.
4h Market type=up {115.40, sell-finish},zero line. The phase = movement near zero line 114.90 with breaking through the line but and ben. You may buy from the bottom of the range and sell from top. You may sell with reverse in case of development of rise of the pair.
Summary: W1 is for sell stop D1 is for sell stop, h4 is for sell stop. I.e. there will be flat with possibility of rise. It is preferable to buy.
Usdcad
W1 Market type = down{1.1860, sell-top}, new bottom is 0.9320. The phase =turn is formed. First and already serious target=Parity, week’s intermediate one is 0.96 . Buying only, Great odds to close the week and month with plus.
D1 Market type = down{1.07, sell top+}, last zone to buy. The phase = after flat near 0.9340 there will be rise impulse to 0.96. It is preferable to buy only. A unique chance for the pair to rise, turn! The forecast cancellation is dropping lower 0.93 or narrow flat at the bottom.
4h Market type = down{0.95, sell-top}, signal to buy. The phase =flat 0.9350 and at its breakthrough rise to 0.9540 and upper. It is preferable to buy only.
Summary: W1, D1, H4 are for sell stop, that’s why increasing flat with possibility of medium-term turn.
Gbpusd
W1 Market type=up{1.9705, buy-top}. The phase=gbp is on tops, intense zone to sell, turn downwards. Resistance is 2.09. It is preferable to sell only. Targets are 2.0580, 2.05.
D1 Market type = up{2.0240, buy- top+}, signal to sell is ready. The phase =drop to zero line on 2.0750. Selling from 2.09 and at breaks through downwards. Target is 2.08 and lower. It is preferable to sell only.
4h Market type =up{2.0380, buy-top}, signal to sell is ready. The phase = decreasing flat towards 2.0850 and down to 2.08 and then lower. Selling only. If gbp rises upper 2.0930, the forecast is cancelled.
As you see according to all TF there were only buy tendencies, Friday was the last day. Now the CCI shows medium-term turn downwards. In addition Month is for selling with 65 %, week – 75%. Monday is expected to be the day of turn.
eurusd
W1 Market type = up {1.3360, buy-top}, last zone to sell. The phase = selling while rebounding. Targets are 1.44 and 1.4280. Week is for selling with 78%. It is preferable to sell. If the pair moves upper 1.4550 it will mean cancellation of the scenario.
D1 Market type =up{1.4090, buy-top}, last zone to sell. The phase = TA is for sell while rebounding, on Monday euro usually drops for the last time, only eurgbp slows the drop as euro intends to beat gbp. Sell from 1.4520 targeting 1.4380 and lower and stop 1.4556.
4h Market type =up{1.4430, buy-top}, last zone to sell. The phase= from 1.45-1.4520 the pay drops till 1.4430 and if this level is broken through, medium-term correction downwards may begin. It is preferable
to sell.
Summary: w1 – decreasing flat, d1- decreasing flat h4 – just flat. Conclusion: the pair will be falling downwards until it breaks through essential supports.
usdjpy
W1 Market type = middle{119.50, sell-finish}, movement to zero line. The pair is in broad flat=range 114.30-115 and resistance is 115.50. The only pair that supports usd, that’s why at rebound to usd, the pair will rise quickly, but then will be restored with its rebounds to stay in flat.
D1 Market type =upper middle{117, sell-finish}, enter zone to sell. The phase=flat near 114.60-115. Zone to sell will make a slow drop of the pair with spikes upwards. First impulse upwards, then rebound, up again and if resistance is not broken through, the pair will rebound more but will stay in the rage with possibility of further rise.
4h Market type=up {115.40, sell-finish},zero line. The phase = movement near zero line 114.90 with breaking through the line but and ben. You may buy from the bottom of the range and sell from top. You may sell with reverse in case of development of rise of the pair.
Summary: W1 is for sell stop D1 is for sell stop, h4 is for sell stop. I.e. there will be flat with possibility of rise. It is preferable to buy.
Usdcad
W1 Market type = down{1.1860, sell-top}, new bottom is 0.9320. The phase =turn is formed. First and already serious target=Parity, week’s intermediate one is 0.96 . Buying only, Great odds to close the week and month with plus.
D1 Market type = down{1.07, sell top+}, last zone to buy. The phase = after flat near 0.9340 there will be rise impulse to 0.96. It is preferable to buy only. A unique chance for the pair to rise, turn! The forecast cancellation is dropping lower 0.93 or narrow flat at the bottom.
4h Market type = down{0.95, sell-top}, signal to buy. The phase =flat 0.9350 and at its breakthrough rise to 0.9540 and upper. It is preferable to buy only.
Summary: W1, D1, H4 are for sell stop, that’s why increasing flat with possibility of medium-term turn.