EURUSD

everyone planning shorts since week open level of 3747 on a strong 1 hour upside momentum.

whats the score, how many got axed ?

European Forex Technicals: USD Attempts To Regain Some Ground
2 Mar 2011, 08:28

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



Intraday EUR/USD: Consolidates beneath key resistance at 1.3862, and is looking to challenge Monday's low at 1.3712. However, corrective downside scope is limited to 1.3655, where bulls are likely to be gathered. Regaining ground above 1.3800 is required to re-open the key 1.3862 reaction high, and longer-term bulls still have the 1.3950/1.4000 target area in their sights. Only a clean break below 1.3655 concern bulls.

Weekly chart EUR/USD trend: Bullish.



Intraday USD/JPY: Tuesday's setback off 82.24 will look to extend beneath support at 81.78. Bears are on course to retesting the 81.74 higher low and bringing Monday's low at 81.62 back into focus, where the support line of a four-month bear pennant line. A fresh wave of bear pressure is required to force a clean break through 81.62, exposing the Feb. 4 reaction low at 81.10. Only a sustained push above 82.00 would create room for a return to the 82.24 high.

Weekly chart USD/JPY trend: Bearish.



Intraday GBP/USD: Tuesday's bear hammer candle risks leaving a significant bull trap. The setback off Tuesday's 13-month high at 1.6329 is extending towards 1.6175, but only a push below projected support at 1.6085 would enhance the bull trap theory. While support at 1.6085 holds, the technical uptrend is still solid, and a return to the 1.6329 high would attract further gains towards 1.6458.

Weekly chart GBP/USD trend: Bullish.



Intraday USD/CHF: A fresh bear wave has begun, as the setback off Tuesday's 0.9323 high eyes a return to the Feb. 25 all-time low at 0.9229. A three-day bear wedge pattern has been completed on the 60-minute chart, and the dominant bear trend will look to forge new lows below 0.9229 towards 0.9182 initially. Another downside target lies at 0.9010. Regaining ground above 0.9312 would provide respite, but only above 0.9323 would negate the bearish outlook.

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



;-|

it missed by 4 pips but im in..

oh by the way, look for shorts near 3800 not before.

Lol. Best comment in a while

sisse

Thanks, I enjoy the analyses you post.

Its sitting right below 1.3786...

If it brakes, will do a run towards 1.3855

If it stays below 1.3745

Good for a bit of scalping i guess

just hit my pivot for the day of 3786.

patience pays a lot.
398515

good morning.

nice one brother...

trading volumes of the past 10 days tell me i can go long till 3812 ; so i took the new long at day high

http://i.imgur.com/1tMUN.gif

now it bounce exactly on the pivot

pivots are illusions in my opinion....
crap

cable at 6255 keylvl as well..

btw: does anyone have technical problems using Google Chrome to load images on FF?

3782 should hold it for a bit.

Jetzt wirds ja immer doller ...

intresting formation on M30... still hoovering @ 1.3786

nope