FXstreet.com: Forex Forecasts

USDCHF buy on dip at 1.0620

tanuncj@yahoo.com (Z-forecasting) — Tue, 09 Feb 2010 17:46:20 GMT

USDCHF long size : moderately now usdchf is so oversold for 4H chart then good entry buy on dip here at 1.0620 stop loss 1.0480 target 1.0900 at least **********************

USD/JPY Daily Outlook

cs@acetrader.com (AceTrader) — Tue, 09 Feb 2010 10:00:55 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY USD/JPY : +89.70+ Last Updat e At 09 Feb 2010 09:25 GMT As dlr has continued to ratchet higher in Asia due to intra-day cross-selling in yen, suggesting nr term upside bias remains for further headway to 89.80, however, only abv 89.89 wud bring stronger retrace. of recent rise fm 88.55 to 89.00/05. Raise long entry for st trade with stop as indi cated. Below 89.15 confirms top made, 88.82. Range Forecast 89.50 / 89.75 Resistance/Support R:

Forex Market Outlook on Majors

cs@acetrader.com (AceTrader) — Tue, 09 Feb 2010 09:31:50 GMT

INTRA-DAY GBP/USD: 1.5600 Last Update At 09 Feb 2010 09:16 GMT Cable's stronger-than-expected retreat on cross selling in sterling after early early rebound to rebound to 1.5647 suggests further choppy consolida tion inside 1.5535-1.5660 broad range wud continue weakness to 1.5565 can't be ruled out b4 recovery. Wud be prudent to exit long n stand aside for now. Abv 1.5615/20 wud bring gain to 1.5647 again.. Range Forecast 1.5585 / 1.5620 Resistance/Support R: 1.5647/1.5660/1.5708 S:

Daily technical outlook

info@innerfx.com (InnerFX) — Tue, 09 Feb 2010 07:03:14 GMT

Quote of the day : A lot of people are afraid of heights. Not me. I’m afraid of widths. — Steven Wright EURUSD Trading strategy : short at 1.3825, stop at 1.3885(1% risk), objective at 1.3725. The consolidation continues and the euro shows modest signs of recovery, currently testing last two days’ top side into the 1.3720/40 region. Intra-day studies are slightly bullish and a break above 1.3740 would potentially strengthen short-term momentum – thereafter aiming the higher barriers, such as

USD/JPY Daily Outlook

cs@acetrader.com (AceTrader) — Tue, 09 Feb 2010 06:57:09 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY USD/JPY : 89.38 Last Updat e At 09 Feb 2010 04:28 GMT Dlr's intra-day sideways move is expected to con tinue until European opening, however, near term cross-selling in yen suggests mild upside bias remains for gain to 89.60/70 but reckon res 89.89 wud cap dlr's rebound fm 89.15 (NY). For short term trade, buy on dips for 89.60 n if price rises to 89.70 1st, sell for 89.30. Range Forecast 89.25 / 89.50 Resistance/Support R:

Forecast on Spot Gold (Spot Gold, NZDUSD, USDSGD)

info@precisetrader.com (Precise Trader) — Tue, 09 Feb 2010 06:46:03 GMT

Spot Gold SPOT GOLD closed @ 10633 which was BELOW the open and was within prior day's trading range. The High was 2 Dollars from Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Sup Tgt 1. The Hourly Oscillators are MIXED and the price is Below the MA, so CAUTIOUS approach is needed. Hourly Trend is Corrective Down while 10865 holds and Daily Trend is also Corrective Down while 11115 holds, so expect the price to be Choppy until the

Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)

info@precisetrader.com (Precise Trader) — Tue, 09 Feb 2010 06:43:49 GMT

EURJPY EURJPY closed @ 12185 which was BELOW the open and was within prior day's trading range. The High was 10 pips from Precise Trader's Res Tgt 1 and the Low was 5 pips from Precise Trader's Sup Tgt 1. The Hourly Oscillators are MIXED and the price is Below the MA, so CAUTIOUS approach is needed. Hourly Trend is Corrective Down while 12330 holds and Daily Trend is also Corrective Down while 12580 holds, so expect the price to be Choppy until the breakout

Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)

info@precisetrader.com (Precise Trader) — Tue, 09 Feb 2010 06:29:37 GMT

USDCHF USDCHF closed @ 10735 which was ABOVE the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Tgt 1 and the Low was PRECISELY at Precise Trader's Sup Tgt 1. The Hourly Oscillators are MIXED and the price is Above the MA, so CAUTIOUS approach is needed. Hourly Trend is Corrective Up while 10640 holds and Daily Trend is Sideways Up while 10495 holds, so expect the price to be Choppy and Upside may be limited. The Daily

Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)

info@precisetrader.com (Precise Trader) — Tue, 09 Feb 2010 06:27:35 GMT

EURUSD EURUSD closed @ 13650 which was BELOW the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Sup Tgt 1. The Hourly Oscillators are MIXED and the price is Below the MA, so CAUTIOUS approach is needed. Hourly Trend is Corrective Down while 13760 holds and Daily Trend is also Corrective Down while 13960 holds, so expect the price to be Choppy and Downside may be limited.

EUR/USD Daily Outlook

cs@acetrader.com (AceTrader) — Tue, 09 Feb 2010 06:13:23 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD EUR/USD: 1.3708 Late Update At 09 Feb 2010 05:29 GMT As euro has maintained a firm udnertone after rebounding fm 1.3643 (Aust.), suggesting upside bias remains for gain to 1.3714/18 where a firm break there wud bring stronger retrace. of recent decline n yield further gain twd 1.3742 later. Exit prev. short n stand aside as below 1.3643 needed to confirm correction fm 1.3585 is over. Range Forecast 1.3685 / 1.3715 Resistance/Support R:

'Risk Off' Supports Dollar Gains

info@easy-forex.com (Easy Forex) — Tue, 09 Feb 2010 07:00:22 GMT

Last week’s currency trading review The Dollar gained against all the major trading currencies except the Yen as the stockmarket correction accelerated. Weaker than expected January NonFarm Employment Change at -20k vs. +10k forecast helped the Dow Jones Index Trade under the Key 10000 level. Most of the risk aversion stemmed however from the uncertainty around Eurozone Debt as concerns spread from Greece onto Spain and Portugal. The Euro experienced bouts of heavy selling as the longer term

The Brief Daily Forecaster

info@fx-forecaster.com (FX-Forecaster.com) — Tue, 09 Feb 2010 03:20:32 GMT

Bias: Mixed - waiting for breaks Please read the attached PDF file which provides more detailed analysis

Forex Market Outlook on Majors

cs@acetrader.com (AceTrader) — Tue, 09 Feb 2010 03:18:15 GMT

INTRA-DAY GBP/USD: 1.5605 Last Update At 09 Feb 2010 02:20 GMT Although cable's intra-day rebound fm 1.5565 (Aust.) after y'day's selloff fm 1.5660 in NY sug- gests further 'choppy' trading abv y'day's temp. low at 1.5535 wud continue, daily outlook remains bearish for recent decline to resume later. Sell on further recovery for 1.5570 n only abv y'day's 1.5660 top wud defer bearishness on cable. Range Forecast 1.5585 / 1.5625 Resistance/Support R: 1.5630/1.5660/1.5708 S: 1.5565/1.5535/1.5513

NZDUSD outlook

tanuncj@yahoo.com (Z-forecasting) — Mon, 08 Feb 2010 18:21:41 GMT

NZDUSD short it target 0.6690, then 0.6600 entry 0.6860 stop loss 0.7110 ************

USD/JPY Daily Outlook

cs@acetrader.com (AceTrader) — Tue, 09 Feb 2010 06:55:28 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY USD/JPY : 89.43 Last Updat e At 08 Feb 2010 09:38 GMT Dlr's rebound fm 89.15 to 89.57 suggests choppy consolidation abv last week's low of 88.55 wud con- tinue n upside bias is seen for a bounce to 89.70, however, reckon 89.89 res (last Friday's NY high) shud cap upside n yield selloff later. For st trade, hold long n sell on upmove for day trade. Below 89.15 may risk weakness twd 88.82. Range Forecast 89.30 / 89.57 Resistance/Support R:

Forex Market Outlook on Majors

cs@acetrader.com (AceTrader) — Mon, 08 Feb 2010 09:42:03 GMT

INTRA-DAY GBP/USD: +1.5613+ Last Update At 08 Feb 2010 08:33 GMT Despite cable's marginal weakness to 1.5535 in European morning on cross selling in sterling, sub- sequent rebound suggests an intra-day low has possi bly been made n a minor retrace. to 1.5605/10, then 1.5623/30 likely but 1.5672 (NZ) wud cap upside. Turn long on dips with stop as indicated, break wud bring one more fall to 1.5510/13... Range Forecast +1.5590 / 1.5623+ Resistance/Support R: 1.5623/1.5672/1.5705 S:

USD/JPY Daily Outlook

cs@acetrader.com (AceTrader) — Mon, 08 Feb 2010 09:34:02 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY USD/JPY : +89.49+ Last Updat e At 08 Feb 2010 07:49 GMT Dlr's rebound after finding renewed buying at 89.15 suggests further choppy consolidation abv last week's low of 88.55 wud continue with upside bias n abv o/head res 89.55 (Aus.) wud bring gain to 89.70 but reckon 89.89 (NY high) wud cap upside. For st trade, hold long n sell on upmove for day trade. Below 89.15 may risk weakness twd 88.82. Range Forecast +89.35 / 89.70+ Resistance/Support

EUR/USD Daily Outlook

cs@acetrader.com (AceTrader) — Mon, 08 Feb 2010 08:27:11 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD EUR/USD: +1.3680+ Late Update At 08 Feb 2010 08:20 GMT Euro's rebound after finding renewed buying at 1.3622 suggests choppy consolidation abv 1.3585 wud continue n minor retrace. to 1.3685 n then 1.3700/ 10 is likely, however, reckon 1.3742 res shud cap upside n yield resumption of decline later. For st trade, buy on dips with stop as indicat ed, break wud signal recovery is over, 1.3585... Range Forecast +1.3660 / 1.3690+ Resistance/Support

Daily technical outlook

info@innerfx.com (InnerFX) — Mon, 08 Feb 2010 07:27:13 GMT

Quote of the day: It seems to be a law of nature, inflexible and inexorable, that those who will not risk cannot win. — John Paul Jones EURUSD Trading strategy: stand aside The euro continues to face weakness against the dollar, trading near multi-month low reached Friday at 1.3585, as a result of another sell-off round following U.S. unemployment data – NFP coming at -20k and the unemployment rate at 9.7%, beating the 10% expectation. Short term and intra-day charts remain into

EUR/USD Daily Outlook

cs@acetrader.com (AceTrader) — Mon, 08 Feb 2010 07:07:10 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD EUR/USD: 1.3625 Late Update At 08 Feb 2010 06:17 GMT Euro has ratcheted lower in Asian trading after initial brief rebound to 1.3718 (NZ/AUS), however, unless price is able to penetrate Friday's NY low of 1.3585, odds still favour further 'choppy' trad- ing abv said sup n yield rebound to 1.3660/70. Stand aside n buy on next decline or sell for day trade on subsequent gain to 1.3700. Range Forecast 1.3605 / 1.3640 Resistance/Support R:

Forecast on Spot Gold (Spot Gold, NZDUSD, USDSGD)

info@precisetrader.com (Precise Trader) — Mon, 08 Feb 2010 06:32:47 GMT

Spot Gold SPOT GOLD closed @ 10668 which was ABOVE the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was 2.1 Dollars from Precise Trader's Sup Tgt 3. The Hourly Oscillators are Bullish but Weak and the price is Below the MA, so CAUTIOUS approach is needed for the Bulls. Hourly Trend is Corrective Down while 10865 holds and Daily Trend is also Corrective Down while 10985 holds, so expect the price

Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)

info@precisetrader.com (Precise Trader) — Mon, 08 Feb 2010 06:30:43 GMT

EURJPY EURJPY closed @ 12210 which was UNCHANGED from the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Tgt 1 and the Low was 5 pips from Precise Trader's Sup Zone 5 (U Turn Zone). The Hourly Oscillators are Bearish but Weak and the price is Below the MA, so CAUTIOUS approach is needed for the Bears. Hourly Trend is Corrective Down while 12330 holds and Daily Trend is also Corrective Down while 12580 holds, so expect the price

Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)

info@precisetrader.com (Precise Trader) — Mon, 08 Feb 2010 06:28:34 GMT

USDCHF USDCHF closed @ 10725 which was ABOVE the open and breached the previous day's high. The High was PRECISELY at Precise Trader's Res Zone 5 (U Turn Zone) and the Low was PRECISELY at Precise Trader's Sup Zone 1. The Hourly Oscillators are Bullish but Weak and the price is Above the MA, so CAUTIOUS approach is needed for the Bulls. Hourly Trend is Corrective Up while 10640 holds and Daily Trend is Sideways Up while 10495 holds, so expect the price to be Choppy and Upside

Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)

info@precisetrader.com (Precise Trader) — Mon, 08 Feb 2010 06:26:07 GMT

EURUSD EURUSD closed @ 13680 which was BELOW the open and breached the previous day's low. The High was 5 pips from Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Sup Zone 5 (U Turn Zone). The Hourly Oscillators are MIXED and the price is Below the MA, so CAUTIOUS approach is needed. Hourly Trend is Corrective Down while 13760 holds and Daily Trend is also Corrective Down while 13960 holds, so expect the price to be Choppy with a Downside

Forex Market Outlook on Majors

cs@acetrader.com (AceTrader) — Mon, 08 Feb 2010 06:17:20 GMT

INTRA-DAY GBP/USD: 1.5585 Last Update At 08 Feb 2010 06:08 GMT Although cable has remained under pressure in Asian morning after initial brief bounce to 1.5672 (NZ/AUS), a breach of Friday's NY low at 1.5559 is needed to confirm recent fall has once again resum- ed but reckon 1.5510/15 wud contain weakness. Wud not advise chasing present decline n stand aside. Abv 1.5620/25 wud yield gain twd 1.5672. Range Forecast 1.5565 / 1.5605 Resistance/Support R: 1.5672/1.5705/1.5739 S:

EUR/USD Daily Outlook

cs@acetrader.com (AceTrader) — Mon, 08 Feb 2010 04:32:52 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD EUR/USD: 1.3638 Late Update At 08 Feb 2010 04:28 GMT Despite euro's intra-day cross-inspired retreat fm 1.3718 (NZ/AUS), as Friday's rebound fm 1.3585 suggests recent downtrend has made a low there, con solidation with mild upside bias is seen but abv 1.3770/75 needed to extend gain twd 1.3700 later. For st trade, remain as cautious buyer on dips n only below 1.3585 wud risk weakness to 1.3855/60. Range Forecast 1.3615 / 1.3645

The Brief Daily Forecaster

info@fx-forecaster.com (FX-Forecaster.com) — Mon, 08 Feb 2010 04:13:50 GMT

Bias: The move higher does not yet look complete and while 1.0664-79 supports I look for 1.0857-03 Please read the attached PDF file which provides more detailed analysis

GOLD, USDSGD Outlook

tanuncj@yahoo.com (Z-forecasting) — Mon, 08 Feb 2010 03:50:48 GMT

GOLD it is underpressure to down to 1000-1020 level soon stop loss 1080 ************* USDSGD long trade size : agressively see 1.4330 at least upside target stop loss 1.4080 *********

GBPUSD, GBPJPY underpressured now

tanuncj@yahoo.com (Z-forecasting) — Mon, 08 Feb 2010 03:49:18 GMT

NOW GBP weekly chart is so pressured to go down sharply. GBPUSD it will go down to 1.53 first , then 1.48-1.50 stop loss 1.5890 ************* GBPJPY it will go down to 134, then 131 stop loss 141.80 ***********

Forex Market Outlook on Majors

cs@acetrader.com (AceTrader) — Mon, 08 Feb 2010 03:03:21 GMT

INTRA-DAY GBP/USD: 1.5603 Last Update At 08 Feb 2010 02:24 GMT Although intra-day weakness in euro has dragged cable lower after initial brief bounce to 1.5672 in NZ/AUS, as Friday's rebound fm 1.5559 (NY) signals recent downtrend has made a minor low, choppy side- ways consolidation is envisaged in Asia. For st trade, hold long for 1.5665 n sell on fur ther rise for day trade. Below 1.5585 risks 1.5559. Range Forecast 1.5595 / 1.5630 Resistance/Support R: 1.5672/1.5705/1.5739 S:

EUR/USD Daily Outlook

cs@acetrader.com (AceTrader) — Mon, 08 Feb 2010 02:34:48 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD EUR/USD: 1.3625 Late Update At 08 Feb 2010 02:15 GMT Although euro has fallen again after initial brief rebound to 1.3718 (NZ/AUS), unless price is able to penetrate Friday's NY low of 1.3585, then further 'choppy' sideways trading is expected n abv 1.3670/75 wud yield another rise twd 1.3718. Stand aside for now n look to buy again for st trade once an intra-day low is seen. Range Forecast 1.3610 / 1.3645 Resistance/Support R:

USD/JPY Daily Outlook

cs@acetrader.com (AceTrader) — Mon, 08 Feb 2010 02:10:42 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY USD/JPY : +89.30+ Last Updat e At 08 Feb 2010 02:00 GMT Although Friday's resumption of decline in eur/ yen pushed dlr fm 89.89 to 88.82 in NY session, sub sequent rebound suggests further 'choppy' consolida tion abv last week's 88.55 low wud continue but as long as 89.89 res holds, downside bias remains. For st trade, buy dips for another bounce to 89. 45 n sell on further rise for day trade. Range Forecast +89.25 / 89.55+ Resistance/Support

Weekly Indicator Review and Outlook

info@fx-forecaster.com (FX-Forecaster.com) — Sat, 06 Feb 2010 23:32:16 GMT

SUMMARY The past week has seen the Dollar rally extend further against all currencies with the exception of the Japanese Yen. While Friday's Non Farm Payrolls extended those gains there are some signs of a small pullback developing early in the week the underlying momentum conditions and the depth of the rally so far has broken a number of key resistance levels and should extend further over the coming week. Equally there still appears to be a soft outlook for USDJPY which should again extend

Forex Market Outlook on Majors

cs@acetrader.com (AceTrader) — Fri, 05 Feb 2010 10:30:28 GMT

INTRA-DAY GBP/USD: 1.5692 Last Update At 05 Feb 2010 10:11 GMT Cable's rebound fm 1.5654 to 1.5715 suggests recent decline has possibly formed a temp. low there, consolidation with mild upside bias wud be seen n abv 1.5715 wud bring stronger retrace. of recent decline to 1.5746 b4 down. Wud be prudent to exit short n stand aside in the meantime as below 1.5671 needed for 1.5654... Range Forecast 1.5671 / 1.5710 Resistance/Support R: 1.5746/1.5776/1.5806 S: 1.5654/1.5600/1.5550

EUR/USD Daily Outlook

cs@acetrader.com (AceTrader) — Fri, 05 Feb 2010 10:12:05 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD EUR/USD: +1.3660+ Euro's rebound after the the selloff to a 8-month low of 1.3648 suggests a temp. low is possi bly made n consolidation with upside bias is seen for a minor retrace. to 1.3727, however, res at 1. 3747 shud cap upside n yield selloff later. Buy on dips for gain to 1.3720 or if euro rises to 1.3725 1st, sell for weakness to 1.3670 n 1.3648 Range Forecast 1.3660 / 1.3710 Resistance/Support R: 1.3747/1.3772/1.3826 S:

USD/JPY Daily Outlook

cs@acetrader.com (AceTrader) — Mon, 08 Feb 2010 02:08:25 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY USD/JPY : 89.67 Last Updat e At 05 Feb 2010 08:54 GMT Despite dlr's brief retreat to 89.79 to 89.34 in European morning, subsequent rebound suggests upside risk remains for corrective rise fm y'day's low of 88.55 to extend marginal gain abv said lvl but 99.07 res shud cap upside. Below 89.34 wud signal an intra-day top indeed made n yield weakness to 88.90. Stand aside... Range Forecast 89.30 / 89.79 Resistance/Support R: 89.79/90.07/90.79 S:

USD/JPY Daily Outlook

cs@acetrader.com (AceTrader) — Fri, 05 Feb 2010 08:22:42 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY USD/JPY : 89.42 Last Updat e At 05 Feb 2010 08:16 GMT Current retreat due to renewed cross buying in jpy suggests recovery fm 88.55 has possibly ended at 89.79 n weakness to 88.90 wud be seen, however, o/sold condition shud limit downside n price shud hold abv 88.55 sup n yield choppy trading. Sell at market with stop as indicated n only abv 89.79 wud risk stronger retrace. to 90.07... Range Forecast 89.50 / 89.85 Resistance/Support R:

Forex Market Outlook on Majors

cs@acetrader.com (AceTrader) — Fri, 05 Feb 2010 07:34:16 GMT

INTRA-DAY GBP/USD: +1.5740+ Last Update At 05 Feb 2010 07:06 GMT Cable's breach of 1.5708 confirms major decline fm 1.7044 to retrace MT uptrend fm 1.3500 has resum ed n further weakness to 1.5690 wud be seen, how- ever, o/sold condition shud limit downside to 1.56 59/65 n yield rebound later. Sell on recovery with stop as indicated, break wud risk stronger gain to 1.5806 b4 down.... Range Forecast 1.5690 / 1.5740 Resistance/Support R: 1.5776/1.5806/1.5832 S: 1.5690/1.5659/1.5600

Forecast on Spot Gold (Spot Gold, NZDUSD, USDSGD)

info@precisetrader.com (Precise Trader) — Fri, 05 Feb 2010 07:00:33 GMT

Spot Gold SPOT GOLD closed @ 10661 which was BELOW the open and breached the previous day's low. The High was 0.5 Dollars from Precise Trader's Res Zone 1 and the Low was 21 Dollars from Precise Trader's Sup Zone 10. The Hourly Oscillators are Bearish and the price is Below the MA, so the Bulls have to be sidelined. Hourly Trend is Corrective Down while 10845 holds and Daily Trend is Sideways Down while 11115 holds, so expect the price to be Choppy with a Downside

Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)

info@precisetrader.com (Precise Trader) — Fri, 05 Feb 2010 06:58:14 GMT

EURJPY EURJPY closed @ 12220 which was BELOW the open and breached the previous day's low. The High was 20 pips from Precise Trader's Res Zone 1 and the Low was 95 pips from Precise Trader's Critical Sup. The Hourly Oscillators are Bearish and the price is Below the MA, so the Bulls have to be sidelined. Hourly Trend is Corrective Down while 12460 holds and Daily Trend is also Corrective Down while 12550 holds, so expect the price to be Choppy with a Downside