Today I’ll be looking at the Euro versus the US dollar. The big question is, are all the “Trade Triangles” lined up for this trade? The answer is yes, and then some….
Category: Technical Analysis Reports
technical analysis reports
13 Forex Pairs Analyzed on the fly!
We are going to be doing something a little bit different today as we analyze the forex markets. Examining the forex markets is nothing new, but we have never gone through 13…
What’s the U.S. Dollar’s Next Move? Elliott Waves Provide An Answer
This video features Elliott Wave International Senior Currency Analyst, Jim Martens, using Elliott wave analysis to forecast the U.S. dollar’s near-term moves. Now through May 20, you can access all of Elliott…
Free intraday and end-of-day Forex forecasts
Forex FREEWEEK Our friends at Elliott Wave International have just announced the beginning of their wildly popular FreeWeek event, where they’ve thrown open the doors to some of their most popular paid…
Forex Weekly Technical Perspective: Medium and Longer Term Chart Analysis July 21, 08
Click on the link below for an analysis of the Techinical Charts for the EURUSD, GBPUSD, USDJPY and USDCHF on a longer and medium term perspective. This analysis deals with the market…
Euro SSI Points To Further Loses For A Third Straight Week
Euro SSI Points To Further Loses For A Third Straight Week EURUSD – Euro SSI Points To Further Loses For A Third Straight Week GBPUSD – Positioning Flips As GBPUSD Looks For…
The pound is poised to “take a pounding” by the dollar once again!
Here is a very interesting post by Mr. Sean Hyman that you should all read! Visit his site for more insightful posting such as these: The Bank of England just released its…
Daily Market Comment – 11 January 2008
| 1.4804. Current rise seems to be over near 1.4809 or 1.4865 for a retracement towards 1.4753 – 1.4723 area. | |
| 1.1035. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.0996 or 1.0969. Major support is clustered around 1.0927 limit. | |
| 109.33. While above 109.22 – 108.93 zone a corrective dip could test 109.51 or 109.72 or 109.92. After which it should resume his downtrend. | |
| 1.9615. It should test 1.9633 area after which a sell off down to 1.9547 or extended to 1.9479 area is expected. | |
| 1.6334. It is likely to fall towards 1.6241 unless a corrective rally breaks the 1.6359 resistance. Stop above 1.6382 zone. | |
| 161.87. Current rise seems to be over near 162.03 or 162.52 for a retracement towards 161.55 – 161.23 area. | |
| 0.7548. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.7587 or 0.7628 if support around 0.7526 hold. After which a pullback to 0.7526 – 0.7506 zone is possible. | |
| 0.8954. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.9028 or 0.9079 if support around 0.8914 hold. After which a pullback to 0.8914 – 0.8883 zone is possible. | |
| 1.0102. Strength can extend to 1.0127 or even higher than 1.0151 as declines are expected to find support at 1.0077 or 1.0052. Stop Loss below 1.0003 zone. |