EURUSD

It really depends. Yes, to some point the markets have priced in better earnings over the last week. However, bear in mind, the economic data has been really bad over recent months. I haven't seen data come this far below expectations for a while. I don't expect good guidance out of earnings or anything spectacular. The hard bounce on equities was because we touched the 61.8 fibo of the rally off March lows. We are making lower lows, lower highs, EMA200, EMA 100, SMA100 on daily are sloping down. In my opinion we will see a test of 8500 on the Dow soon.

However, the correlation between eurodollar and risk sentiment has been breaking down as of late. Bad econonomic data in the United States has actually brought markets into pricing in more quantitative easing from the Federal Reserve. In contrast, they're not pricing in QE out of the ECB, at least to the extent the Fed would.

AUD/USD though seems to still have a good correlation with risk sentiment on markets.

The trade on eurodollar will likely be very technical over coming months. I'm expressing my bearish view on equities through shorting AUD/USD, which I am expected to top off below .90 before a bush below .80

Can anyone advice me how I can add gold, oil and dow into my metatrader 4 charts? I can only see the currencies now.
Thanks in advance!

Hi PipMaxzz - it would seem you need a different broker, to get what you want. Not all brokers are created equally...

May he be but please do right click on the market watch window & select show all & search , if still no then his broker not dealing them .
fontu

Yes sorry...I didnt think about the obvious. Thanks Fontu

Thanks for taking the time AK,in fully appreiciate it.

thanks fontu! I still cannot find, I only have currencies here. BTW, I am using demo MT4 and I trade on IG markets.

Hello,

you can simply add the currencies which are depended on them

e.g. for oil: usd/jpy or if you want more action, cad/jpy (when oil goes up cad goes up, jpy goes down, these 2 economies are completely different, exporter/importer respectively).

and for gold trade the australian dollar, it goes up or down along with gold.

I hope I helped!

http://www.gcitrading.com and download their demo mt4. it has all that you ask and more.

Hi guys. Is this chart any good for EUR/USD ? Does EUR/USD travel in the same direction as gold ? Im just a started so if anybody would give me an advice how to use gold chart i would be greatful. Sorry for my english

...between 1.23 and 1,24

Looks like it could be a good week for the dollar and a bad week for the euro technically. E/U up against daily/weekly TL, G/U already bounced off TL, and U/J looks like it's bouncing up as well. A break of any of those would negate my view of course.

Under the Submit message button is a Manage attachments button.

When that is used chart pics are included in the body of the message rather than seperately. Therefore no need for the reader to be leary of the contents of something that is not as yet open to them.

thanx for the advise!http://www.forexfactory.com/attachme...1&d=1278877485

pa looks normal atm. the pinkish lines went with target #1. complete. the yellow #2 complete but we still have to cross. as you can see the level is still respected. the next is #3 represented by light blue..25822.. and #4 dark blue at 25526. Fridays low was the bull charts 15th level.(yellow chart . atm all i got is bear signals except this solid blue chart i posted to jw Thursday. it makes a direction a coin toss for me. so i will cautious untill pa makes the decision. im still on the down trend side. stress test is a monkey wrench.. or a would still be heavily shorted.

oops jw chart missed... will post in iam

http://cdn.forexfactory.com/images/attach/gif.gif

2010-07-09 _ zigzagtracktracer (23h00 CET) EUR-USD 030min _ 002.GIF (21.1 KB)


Levels with probability to be hit - downside towards 1.2592 - as long as 1.2657 - 1.2679 will offer resistance - but reversal to the upside after all - as long as 1.2608/ 03 and 1.2596 - 1.2592 will prop up again - recovery towards 1.2679 or above to 1.2705 possible later then



palim palim

Jw chart.. its a bull one that would follow the yellow one in normal pa.. it did interact with a few levels so it cant be discounted yet. im still bearish but not foolish. either has to proven.

Ascending Channel holding for now #1675

Spain has won the World Cup

see you on london opening.. gn8


http://3.bp.blogspot.com/_9gcceJohlA...la.elmundo.jpg