Daily candle chart

USD/CAD:

I think, a broken shooting star, which we have seen on last thursday, is also a signal. We might see a bit of ranging here in the next 1-2 days, but the main trend is extremly bullish with targets ~1.36 and higher in the next days/weeks.

longterm chart for gold:

sorry no short term - daily analyses, too heavy losses from gold

on eur/usd Iám expecting a retest of the last lows and then ranging.

Last daily candle was heavy bearish, but on the otherhand,
the cross has reached a support-zone.

Longterm I stay extremly bearish on this pair.

I agreed with you on GJ long term.....I'm looking GJ in 2 digit - early January 2009

Hi everyone,
Been real busy lately hope to find time to post again.
Heres my analysis on the loonie

Hey Peaches I'm sorry to here that,Ive never traded it.
Ive had a go at the lower TF,s , I know its volatile but im seeing a retrace.

There is definitly panic on the market, the big guys need big money,
so they are selling what they have...

lets see, how it will play out...

On Uj 4 h i see a (bearish) evening doji star:

I only want to say it's really interesting topic and now I understood a lot of things thanks

You are welcome.

Feel free to ask or post pattern, if you find any.

Your analyzes are wunderba

thanks shirkhan, I give my very best. I´am missing hussin, because I`am often/sometimes wrong, and he got most time the correct direction of price.

I often tried pattern on 4 h chart, and are wrong with it, so in this market I think its wise never to go long with a yen pair

Geppy: daily, higher and lower timeframe:

The daily shows us, that the "maybe (bad) hammer" from last friday wasn´t a reversal pattern.

You might add sundays candle and todays candle as one candle and you
got a nice bearish daily candle, as confimation for more movement down.

What happend today and fooled me ?

On 4 h chart I saw a bullish major reversal pattern, a three inside up, which is a pattern with high reliabillity. Its made from 3 candles, I marked in the 4 h chart.

http://www.candlesticker.com/Cs61.asp

So, why wasn´t this pattern successfull ?

Well, it was broken by a 100 % monthly fibo level. Price re-tested 100 % monthly fibo-level, was rejected, and now price will go much much lower.

Watch out for the yelow trendline break to the downside. Next support I got, is around 134. Lower there is non support, only fibo extension levels might catch free fall.

Green pips to all.

eur/usd has only a daily bearish candle, but we may count the former support level as gone.

watch for the triangle break in one way or the other (a break means a candle close above or below the yellow line, for example with a 1 h candle). Maybe the monthly 76.4 fibo-level will be retested, but I prefer a drop down to the 100 % fibo level.

GU hast tested 2 times the monthly fibo level 76.4.

The often a price level is tested, the better is the chance, that this level will be broken

We will give price one or two more tries, but in case of break this
level, there is next temporarily support at 1,50.

This might drop sharply in a large move.

Oh, btw. the daily candle was just a bearish one, no pattern.

the aud/usd is one of the currency pairs, which was hit most
in this world wide crises.

Look at the monthly chart, what a drop.

The daily candle was just a bearish candle, so, the aussie-dollar might drop lower and lower. After next fibo-extension level is taken, I see next support around 0.55.

Ok, thank you, thats it.

All my analyses is just what I see, no trading calls. Trade small small small money with large SL and with the trend. In a downtrend wait hours and hours for picking the top to go short.

Good night.

hi dear all
USDYEN=BREAK OUT
USDYEN(DAILY)=FORMING BULLISH MORNING STAR PATTERN
USDYEN=97...........
BYE

Just newbie in Forex....But i see this thread very valuable for me...Already read all this thread from the post 1....

Hope i still can learn something from this thread

For Hussin & Peaches......

But, where Hussin know?..........