EURUSD

Dollar positive news yet it spike up first. LOL!

European Forex Technicals: EUR/USD Rally To Reach 1.4000
4 Mar 2011, 08:14

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




Intraday EUR/USD: The psychologically-important 1.4000 level is now within striking distance, following Thursday's upward push. The 1.618 Fibonacci extension target at 1.4009 is the immediate objective, but there is scope for 1.4047 before consolidating. Good support lies in the 1.3850 area, which is protected by 1.3885.

Weekly chart EUR/USD trend: Bullish.



Intraday USD/JPY: A drift lower towards the 81.93/82.13 area is expected, to consolidate Thursday's sharp rally to 82.53. However, the entire 81.57/82.53 rally should be regarded as corrective, and a push below 81.93 would leave 81.73 and the 81.57 reaction low vulnerable. Only a break above 82.53 would upgrade the recovery, opening 82.77.

Weekly chart USD/JPY trend: Bearish.



Intraday GBP/USD: Thursday's inside day corrects the recovery to 1.6344, but renewed bull pressure on 1.6344 is expected during Friday's current session. The powerful uptrend remains solid, and there is scope for further gains into fresh 13-month highs above 1.6344, towards 1.6458 and a confluence of Fibonacci projected targets at 1.6514 and 1.6538. Support at 1.6217 will look to limit corrective weakness, and only below 1.6175 would concern bulls.

Weekly chart GBP/USD trend: Bullish.



Intraday USD/CHF: The recovery off this week's all-time low at 0.9202 is faltering near significant resistance at 0.9355. Weakness is expected to test congestion between 0.9243 and 0.9275, and a break below 0.9243 is required to bring the 0.9202 low back into the picture. Only a clean break through 0.9355 would give USD bulls some control, opening 0.9400.

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



;-|

BALLS OF STEEL

Dullest NFP ever lol!

short @3993 SL 4002

sh!t storm or off to the races, starting to look like the former...

had 3 good scalps so far, but playing it well cagey...

looks to be coming true... my shorts are in at 90

saw 1.40 s good sign

i close my long too early after see good news (:

too tight stop loss fini ...


klim bim

Now Go LONGS... min 1.4065

well done >>>>>>>>>>> see the pa

covered 3950

that was kind of easy

hey buddy

do you think that spike up would have been the truncated 5 wave up?? or do you think we got more coming?

i never really saw a 4th wave pull back... i expected it to be deeper

I was trying to sell...

Schönes Wochenende PhAnTi' !

1.35 here we come

just covered, waiting for retrace to establish a longer term short eventually

Its actually fun to watch. Thats why keeping the trade small is good. At least you don't care asking "Why Why Why?"

fxtrade is running just fine, they just gave up mt4 completely... no data since nfp.