EURUSD

PayTheLimit, Good Morning! Can you share one of your great support resistance box charts with us when you get a chance? They are a real help.

Good luck T. Aggressive entry intraday (is a few ticks below daily R) for my taste but the SL is in the perfect place in my books to the max overshoot down if there is going to be a final attack to the upside this week. we'll see

sisse

I dont know yet. In one of my zones right now...will wait for London...need some more levles on my chart, its too naked....

w/o a new low bulls target 3839+.. mid at 3827.2

seems u r in hope-mood? .....green lines today !

c if 27 is rejected r not.

morning bud, have quite a few number clustered near 3929/43, what are your thoughts of this area, if any...BTW above 3861, 15 weeks highs....and what does that mean...

I'm working on the purple chart right now....

Not liking EU right now; smells trappish to me and has done for the past day.

-.- ^^

holding short

boom

Morning PTL, Well easy day in theory. Only one level on play 1.382x and only one question when are they going to take profits today or next week. First attempt to break it made a deep breach and almost confirmed by a few ticks. Right now second half of attempt (without London is just nothing important today).

Bulls will try hard all day (including a possible retrace to 1.378x ...the one I am expecting for considering any intraday positions) for a final target to monthly level 1.391x. If they fail after US reports/15:00 GMT/London close time a deeper retrace on profit taking to 1.375x and possible below.

So is a matter of waiting for a quick retrace to load longs and give it a very quick chance to break 1.382x or fade 1.382x later to join the profit taking after a 2nd failure to break 1.382x.

sisse

PS: No lines ...better less confusion in your charts .....lol

.....

http://www.gogaminggiant.com/wp-cont...7/facepalm.jpg

lol, all I know is that if I was long a shitload, I would like to goose it on the weekly past 3861, pitty this is not a more civilized market, like Nat Gas or Coffee....

European Forex Technicals: GBP Suffering Vs EUR, USD
25 Feb 2011, 08:21

By Francis Bray (TRADING Central)
The Dow Jones Newswires Technical Analysis Partner




Intraday EUR/USD: further gains for the euro are expected towards the Feb. 2 reaction high at 1.3862. The wave equality target at 1.3824 has been keeping the underlying tone positive and the 1.3862 peak marks the highest point of a recently completed bull flag/wedge pattern on the daily chart. The positive wave structure of the strong recovery off Tuesday's 1.3525 low creates scope for the 1.4000 area in the coming sessions. Corrective downside risk is limited to Thursday's low at 1.3704.

Weekly chart EUR/USD trend: Bullish.



Intraday USD/JPY: the corrective recovery off 81.62 is likely to be short-lived and limited to the 82.50 area. Resistance at 82.32 will look to protect 82.50 and prompt a return to the 81.62 low, which is close to crucial support at 81.50. The support line of an effective four-month bear pennant consolidation pattern lies at 81.50, which is protecting the Feb. 4 reaction low at 81.10.

Weekly chart USD/JPY trend: Bearish.



Intraday GBP/USD: Thursday's failure to force a break through the key 1.6277/1.6298 resistance area will concern GBP bulls. Action since the Feb. 3 reaction high at 1.6277 can be confined within a bullish continuation pattern, although this means there would be scope for a return to the Feb. 11 reaction low at 1.5964 on a break below 1.6075. Regaining ground above 1.6211 is required to bring the focus back onto the 1.6277/1.6298 resistance area.

Weekly chart GBP/USD trend: Bullish.



Intraday USD/CHF: the downtrend into fresh all-time lows is expected to continue and a break below Thursday's low at 0.9229 is eyed. A seven-week bear pennant continuation pattern has been completed and there is scope for a downwave equality target at 0.9182. However, a deeper target lies at 0.9010, which is achievable next week. Solid resistance lies at 0.9355, which is protected by 0.9329.

Weekly chart USD/CHF trend: Bearish.




I do post this today again ... as I see that many of us are not able to see what the market wants to give us ...

Those who are looking for reliable information ... should have a chance to get some ... mehr kann ich nicht tun ... it's up to you ... I have not got soo much time for Plapperei ...

At least there are only very few here who are working with success and with a system that is based on real experience that could work for you as well ...

That's why ... nennt es wie ihr es wollt ... aber sitzt nicht lange in einer falschen Fankurve herum ... don't waste your time ... trade in stead of ... einen schönen Tag wünsche ich ...

palim palim



;-|

dir auch ; p