FXstreet.com: Forex Forecasts

Trade of the Day

caseystubbs@gmail.com (Winners Edge Trading) — Sat, 07 Nov 2009 19:51:57 GMT

I did an article on Thursday about a 4HR Triangle setup. I am wondering if any one else attempted this method along with me. After I posted the article on Thursday the Eur/Usd did not move more than 5 pips for about 12 hours because traders were waiting for the Non-Farm Payrolls report to come out. When the report came out the price dropped out of the triangle and I entered short at about 1.4875 and the price went straight down to 1.4814 which is a total of 61 pips. I actually had a

EUR/USD Daily Outlook

cs@acetrader.com (AceTrader) — Fri, 06 Nov 2009 09:02:35 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD EUR/USD :+1.4880+ Last Update 06 Nov 2009 07:53 GMT Euro's intra-day rebound to 1.4884 suggests pullback fm y'day's high of 1.4918 has possibly end ed at 1.4844, consolidation with upside bias wud be seen for further gain but abv 1.4899 needed to con- firm recent upmove fm 1.4626 has resumed, 1.4918. For st trade, hold long with stop now at break- even n only below 1.4811 signals top has been made. Range Forecast 1.4860 / 1.4885

Daily technical outlook

info@innerfx.com (InnerFX) — Fri, 06 Nov 2009 07:06:07 GMT

Quote of the day : We cannot truly plan, because we do not understand the future – but this is not necessarily a bad news. We could plan while bearing in mind such limitations. It just takes guts. – Nassim Nicholas Taleb EURUSD The euro holds steady and yesterday’s range has been 30% tighter than average but the 100 points gain was just enough to close above 1.4850 which is an important bullish confirmation, hence short-term sentiment turning positive. Intra-day studies are also bullish

Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)

info@precisetrader.com (Precise Trader) — Fri, 06 Nov 2009 06:14:27 GMT

EURJPY EURJPY closed @ 13500 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 PRECISELY at Precise Trader's Sup Zone 5 (U Turn Zone). The Hourly Oscillators are MIXED and the price is Above the MA, so CAUTIOUS approach is needed. Hourly Trend is Sideways while 13350 holds and Daily Trend is Sideways Down while 13785 holds, so expect the price to be Choppy until the breakout

Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)

info@precisetrader.com (Precise Trader) — Fri, 06 Nov 2009 06:12:40 GMT

USDCHF USDCHF closed @ 10160 which was UNCHANGED from 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 5 pips from Precise Trader's Sup Zone 1. The Hourly Oscillators are Bullish and the price is Above the MA, so the Bears have to be sidelined. Hourly Trend is Sideways while 10220 holds and Daily Trend is also Sideways while 10030 holds, so expect the price to be Choppy with a Upside bias.

Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)

info@precisetrader.com (Precise Trader) — Fri, 06 Nov 2009 06:10:34 GMT

EURUSD EURUSD closed @ 14875 which was ABOVE the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Hrly Level 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 Sideways while 14805 holds and Daily Trend is also Sideways while 15065 holds, so expect the price to be Choppy until the breakout happens. The

USD/JPY Daily Outlook

cs@acetrader.com (AceTrader) — Fri, 06 Nov 2009 04:32:05 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY USD/JPY : 90.68 Last Update 06 Nov 2009 04:18 GMT Dlr's retreat fm 90.86 (Australia) suggests fur ther consolidation below this week's high at 91.34 is seen with downside bias for weakness to 90.20/25 , however, below sup at 89.98 is needed to signal the rise fm 89.18 low has ended. Trade fm short side with stop as indicated, abv wud defer n risk gain to 91.05/10. Range Forecast 90.40 / 90.70 Resistance/Support R: 90.86/91.04/91.34 S:

The Daily Forecaster

info@fx-forecaster.com (FX-Forecaster.com) — Fri, 06 Nov 2009 04:24:49 GMT

Bias: On balance this still looks bullish while 0.9090 supports - above 0.9127-42 extends to 0.9173 at least Please read the attached PDF file which provides more detailed analysis

Trade of the Day

caseystubbs@gmail.com (Winners Edge Trading) — Thu, 05 Nov 2009 23:33:26 GMT

Triangle breakout trades are great for getting good profits, in a quick time frame. The problem with trading chart patterns is that you have to be there when it happens. Which is no easy task. I can tell you that many times I will be watching the pair and just when I go to do something else, that is when the price will break through and I miss the trade. I hate it when that happens. So today lets look at a triangle on the Eur/Usd. 4HR chart We have the

Daily technical outlook

info@innerfx.com (InnerFX) — Thu, 05 Nov 2009 07:21:18 GMT

EURUSD The euro recovered on yesterday ahead of FOMC and the Fed held interest rates for “an extended period” and kept trillion-dollar stimulus measures in place to support the recession recovery. Key resistance into the 1.4850 area has been challenged on yesterday and earlier today and upside is slightly favored, further buying of EUR against the buck being possible within the coming days, anticipating a return into the 1.50 region. Support starts at 1.4800 backed by 1.4700/25 and 1.4630/50.

Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)

info@precisetrader.com (Precise Trader) — Thu, 05 Nov 2009 07:09:26 GMT

EURJPY EURJPY closed @ 13490 which was ABOVE the open and breached the previous day's high. The High was 5 pips from Precise Trader's Res Tgt 3 and the Low was PRECISELY at Precise Trader's Sup Tgt 1. The Hourly Oscillators are Turning Bearish and the price is Within the MA, so the Bulls have to be CAUTIOUS. Hourly Trend is Sideways Down while 13575 holds and Daily Trend is also Sideways Down while 13785 holds, so expect the price to be Choppy with a Downside

Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)

info@precisetrader.com (Precise Trader) — Thu, 05 Nov 2009 07:07:37 GMT

USDCHF USDCHF closed @ 10165 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 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 Turning Up while 10095 holds and Daily Trend is Sideways while 10030 holds, so expect the price to make Lower Lows but the

Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)

info@precisetrader.com (Precise Trader) — Thu, 05 Nov 2009 07:03:13 GMT

EURUSD EURUSD closed @ 14865 which was ABOVE the open and breached the previous day's high. The High was PRECISELY at Precise Trader's Res Tgt 2 and the Low was 5 pips from Precise Trader's Sup Zone 1. The Hourly Oscillators are Bullish and the price is Above the MA, so the Bears have to be sidelined. Hourly Trend is Sideways Down while 14925 holds and Daily Trend is Sideways while 15065 holds, so expect the price to make Higher Highs but the Upside may be limited. The

The Daily Forecaster

info@fx-forecaster.com (FX-Forecaster.com) — Thu, 05 Nov 2009 04:28:02 GMT

Bias: While 133.80-07 supports there is still room for a move to 136.60 (max 137.28-43) Please read the attached PDF file which provides more detailed analysis

EUR/USD

info@ftanalysis.com (Financial Trend Analysis) — Wed, 04 Nov 2009 11:22:41 GMT

Trading idea LONG position at present level (1.4754) with 1.7325 as our target. Stop below 1.4480. Comments EUR/USD formed a double bottom formation October 2008 -March 2009 and has since it's low in early of 2009 been trading in a strong bullish trend. It took out the high in the double bottom formation at around 1.4720 to test the 76.4 Fibonacci korrektion level at around 1.5090. A minor correction tha past week has occured to test the bullish trend line but has been rejected and is now

USD/JPY Daily Outlook

cs@acetrader.com (AceTrader) — Wed, 04 Nov 2009 07:18:23 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY USD/JPY : +90.44+ Last Update 04 Nov 2009 06:57 GMT Dlr's rebound after finding renewed buying at 90.04 suggests choppy consolidation inside nr term range of 89.87-90.71 wud be seen with upside bias n abv 90.59 wud signal the upmove fm Monday's 89.18 low has resumed for re-test of 90.71 n then 91.00. Trade fm long side with stop as indicated, only below 90.04 wud abort n risk weakness to 89.84/87. Range Forecast 90.30 / 90.59 Resistance/Support

Daily technical outlook

info@innerfx.com (InnerFX) — Wed, 04 Nov 2009 07:16:41 GMT

EURUSD A look at the EURUSD chart over the last few days provides a clear image of how undecided the market is. Yesterday’s sell-off below the 1.4700 support provided the confirmation of recent fears regarding an extended correction towards mid 1.45s, but price reversed around 1.4630 – returning into the 1.4730 region where it is still conserving intra-day gains. Be aware that the 100 points recovery could be a temporary, hence ‘fake’ reversal which could be caused by yesterday’s rally in Gold

Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)

info@precisetrader.com (Precise Trader) — Wed, 04 Nov 2009 06:34:04 GMT

EURJPY EURJPY closed @ 13305 which was BELOW the open and was within prior day's trading range. The High was 5 pips from Precise Trader's Res Tgt 1 and the Low was PRECISELY at Precise Trader's Sup Tgt 2. The Hourly Oscillators are MIXED and the price is Within the MA, so CAUTIOUS approach is needed. Hourly Trend is Sideways while 13395 holds and Daily Trend is Sideways Down while 13740 holds, so expect the price to be Choppy with a Downside bias. The

Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)

info@precisetrader.com (Precise Trader) — Wed, 04 Nov 2009 06:31:53 GMT

USDCHF USDCHF closed @ 10260 which was ABOVE the open and was within prior day's trading range. 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 MIXED and the price is Within the MA, so CAUTIOUS approach is needed. Hourly Trend is Sideways while 10340 holds and Daily Trend is also Sideways while 10030 holds, so expect the price to be Choppy with a Downside

Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)

info@precisetrader.com (Precise Trader) — Wed, 04 Nov 2009 06:29:55 GMT

EURUSD EURUSD closed @ 14725 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 Zone 5 (U Turn Zone). The Hourly Oscillators are Bearish but Weak and the price is Within the MA, so CAUTIOUS approach is needed for the Bears. Hourly Trend is Sideways while 14860 holds and Daily Trend is also Sideways while 15065 holds, so expect the price to be Choppy

The Daily Forecaster

info@fx-forecaster.com (FX-Forecaster.com) — Wed, 04 Nov 2009 04:20:01 GMT

Bias: While 1.0688 caps I feel we should see the 1.0596-1.01621 area tested but then correct Please read the attached PDF file which provides more detailed analysis

Video Interview with Markus Heitkoetter: Volatility will increase dramatically in the coming year

forex@fxstreet.com (FXstreet.com) — Fri, 06 Nov 2009 09:14:01 GMT

According to Markus Heitkoetter, CEO at Rockwell Trading, the market situation in the coming year will be affected by the constantly changing volatility. Heitkoetter affirms, in an exclusive interview recorded during the ITC 2009, these changes will be more drastic than ever.

Stocks, Dollar and Gold Bull Markets Inter-market Analysis

nadeem@marketoracle.co.uk (Marketoracle.co.uk) — Tue, 03 Nov 2009 13:49:24 GMT

This analysis seeks to update the trend prospects for all three major markets into at least the end of this year by taking into account their inter-market relationships which should resolve in a more accurate projection for each individual market. Gold Bull Market Forecast 2009, 2010 Update Gold has had a stellar run of late, which recently saw Gold pushing to new all time highs on a near daily basis which has galvanised wider mainstream press attention to the precious metal with many gold

USD/JPY Daily Outlook

cs@acetrader.com (AceTrader) — Tue, 03 Nov 2009 09:02:31 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY USD/JPY : +90.05+ Last Update 03 Nov 2009 08:56 GMT Dlr's present cross-inspired retreat fm 90.71 suggests the recovery fm 89.18 has possibly ended there, consolidation with downside bias is seen for weakness to 89.65 n possibly twds 89.45, however, said sup wud hold n yield further choppy trading. Sell on pullback with stop as indicated, break wud risk stronger rebound to 90.50.... Range Forecast 89.70 / 90.05 Resistance/Support R:

Daily technical outlook

info@innerfx.com (InnerFX) — Tue, 03 Nov 2009 07:07:40 GMT

EURUSD The euro had another chance to extend its recovery above resistance at 1.4850 on yesterday but it found solid offers ahead of it and retreated back into the mid 1.47s, following the decline in equities. Upside remains slightly favored for now but downside pressure is high as long as 1.4850 is intact. A sustained break above 1050 in S&P500 would re-establish uptrend, encouraging gains in EURUSD above 1.4850 – towards 1.49-1.50 region. Short term sentiment remains bearish but the

Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)

info@precisetrader.com (Precise Trader) — Tue, 03 Nov 2009 06:49:14 GMT

EURJPY EURJPY closed @ 13335 which was ABOVE the open and was within prior day's trading range. The High was 5 pips from Precise Trader's Res Tgt 2 and the Low was PRECISELY at Precise Trader's Sup Tgt 2. The Hourly Oscillators are Bullish but Weak and the price is Within the MA, so CAUTIOUS approach is needed for the Bulls. Hourly Trend is Sideways while 13600 holds and Daily Trend is Sideways Down while 13850 holds, so expect the price to be Choppy until the breakout

Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)

info@precisetrader.com (Precise Trader) — Tue, 03 Nov 2009 06:46:24 GMT

USDCHF USDCHF closed @ 10220 which was BELOW the open and was within prior day's trading range. The High was 5 pips from Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Sup Tgt 2. The Hourly Oscillators are MIXED and the price is Within the MA, so CAUTIOUS approach is needed. Hourly Trend is Sideways Up while 10085 holds and Daily Trend is Turning Up while 10030 holds, so expect the price to be Choppy until the breakout happens. The

Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)

info@precisetrader.com (Precise Trader) — Tue, 03 Nov 2009 06:31:01 GMT

EURUSD EURUSD closed @ 14775 which was ABOVE the open and was within prior day's trading range. The High was 15 pips from Precise Trader's Hrly Level and the Low was PRECISELY at Precise Trader's Sup Zone 1. The Hourly Oscillators are Bullish and the price is Within the MA, so the Bears have to be sidelined. Hourly Trend is Sideways while 14925 holds and Daily Trend is also Sideways while 15065 holds, so expect the price to be Choppy with a Upside bias. The

The Daily Forecaster

info@fx-forecaster.com (FX-Forecaster.com) — Tue, 03 Nov 2009 04:14:49 GMT

Bias: Mixed - waiting for breaks but overall I feel we shall see range trading today Please read the attached PDF file which provides more detailed analysis

Large USD Rebound on Equity correction

info@easy-forex.com (Easy Forex) — Mon, 02 Nov 2009 07:21:57 GMT

Last week’s currency trading review The Dollar even a stunning 3.5% Q3 GDP could not help stock markets finish the week in positive territory as fresh banking concerns caused a spike in risk aversion. The VIX also known as the fear index climbed over 20% on Friday and commodities fell aggressively from recent highs. The Euro fell heavily from the 1.5000 levels as the sentiment turned and key levels were breached. German Unemployment Change was strong at -26k vs. 15k forecast. German Retail

Daily technical outlook

info@innerfx.com (InnerFX) — Mon, 02 Nov 2009 07:14:45 GMT

EURUSD The euro is advancing against the dollar after it retreated from 1.4850 on Friday. Same key support on the 1.4700 handle, formed by the 61.8% of the 1.4480-1.5060 up leg, provided a reversal level and the euro is currently pushing on the upside towards interim resistance at 1.4850. Downside risk remains high as long as the 1.4850/70 resistance region is intact and a sustained break is needed to confirm that the drop to 1.4700 has been corrective, hence resuming up trend. This week

Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)

info@precisetrader.com (Precise Trader) — Mon, 02 Nov 2009 06:45:39 GMT

EURJPY EURJPY closed @ 13265 which was BELOW the open and breached the previous day's low. The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was 45 pips from Precise Trader's Sup Tgt 3. The Hourly Oscillators are Bearish and the price is Below the MA, so the Bulls have to be sidelined. Hourly Trend is Sideways Down while 13410 holds and Daily Trend is Sideways Up while 13090 holds, so expect the price to be Choppy with a Downside bias. The Price has closed

Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)

info@precisetrader.com (Precise Trader) — Mon, 02 Nov 2009 06:43:42 GMT

USDCHF USDCHF closed @ 10265 which was ABOVE the open and was within prior day's trading range. The High was 5 pips from Precise Trader's Res Tgt 2 and the Low was PRECISELY at Precise Trader's Sup Zone 1. The Hourly Oscillators are MIXED and the price is Within the MA, so CAUTIOUS approach is needed. Hourly Trend is Sideways Down while 10295 holds and Daily Trend is Turning Up while 10030 holds, so expect the price to be Choppy and Downside may be limited. The Price has

Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)

info@precisetrader.com (Precise Trader) — Mon, 02 Nov 2009 06:40:18 GMT

EURUSD EURUSD closed @ 14720 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 Res Tgt 2. The Hourly Oscillators are Bearish and the price is Below the MA, so the Bulls have to be sidelined. Hourly Trend is Sideways Down while 14870 holds and Daily Trend is also Sideways Down while 15065 holds, so expect the price to be Choppy with a Downside bias. The Price

The Daily Forecaster

info@fx-forecaster.com (FX-Forecaster.com) — Mon, 02 Nov 2009 04:51:31 GMT

Bias: I'd prefer a bullish scenario but wait for a break above 90.48-80 - until then there is still downside risk Please read the attached PDF file which provides more detailed analysis

EUR/USD Daily Outlook

cs@acetrader.com (AceTrader) — Wed, 04 Nov 2009 10:07:43 GMT

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD EUR/USD :1.4733 Last Update 02 Nov 2009 00:58 GMT Although euro's rebound fm 1.4681 (Aust.) signals recent decline has made a temp. low there n choppy trading is in store in Asia, reckon 1.4760/65 wud cap upside n yield retreat but below 1.4700/04 is needed to bring re-test of said sup later. Suggest to reinstate short on further recovery n take profit on decline. Range Forecast 1.4720 / 1.4750 Resistance/Support R: 1.4747/1.4778/1.4805 S:

November 02 - November 06

fx.analysis@z2fx.com (Z2FX) — Sun, 01 Nov 2009 17:50:04 GMT

Trade of the Day

caseystubbs@gmail.com (Winners Edge Trading) — Sat, 31 Oct 2009 16:14:42 GMT

Yesterday I shared a possible trade setup on the today I thought I would write about the Usd/Cad. The price in this pair has been trending up and is about to break the downward trendline. If this trendline is broken on the daily chart that will be a good entry point long for the Usd/Cad. The current resistance level of 1.0820 was tested at the end of the day Friday and the next level of resistance will be 1.000 level. If we see the price open above the or move above the 1.0820 look

Trade of the Day

caseystubbs@gmail.com (Winners Edge Trading) — Sat, 31 Oct 2009 00:51:54 GMT

The Euro lost some major ground this week because of a downturn in the U.S. Stock market. The fear is coming back and it appears as if the recovery that everyone was so excited about is not happening as expected. Lets go straight to the daily chart and see what we have. Daily Chart We can see that the pair has been trending upwards for some time now. Also notice the blue trendline is currently being tested. If we see a break of that trendline on the daily chart we could

Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)

info@precisetrader.com (Precise Trader) — Fri, 30 Oct 2009 06:57:11 GMT

EURJPY EURJPY closed @ 13555 which was ABOVE the open and was within prior day's trading range. The High was 40 pips from Precise Trader's Res Tgt 3 and the Low was PRECISELY at Precise Trader's Sup Tgt 1. The Hourly Oscillators are Bullish but Weak and the price is Within the MA, so CAUTIOUS approach is needed for the Bulls. Hourly Trend is Sideways Up while 13445 holds and Daily Trend is also Sideways Up while 13105 holds, so expect the price to be Choppy and Upside may be