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EUR/USD Daily outlook - February 15th, 2011 -9:50 am gmt time
EUR/USD intraday: neutral / long above 13560
Current rate: 1.3525
Important support point : 13420
Signal : Trading signal generated yesterday at 13440 / stopped out at 13530 / -90 pips
Current rate: 1.3525
Important support point : 13420
Signal : Trading signal generated yesterday at 13440 / stopped out at 13530 / -90 pips
Most Likely Scenario :Yesterday false break below ema 55, caught us at market bottom.
Rebound on ema 55 (despite false break) is playing in favour of bulls.
Long position above 13560 for 13640 (fib ret 50%) and 13690 (fib ret 62)
Rebound on ema 55 (despite false break) is playing in favour of bulls.
Long position above 13560 for 13640 (fib ret 50%) and 13690 (fib ret 62)
EURUSD Trade closed
Stop loss triggered this morning at 13530
(entry : sell at 13440) = -90 pips
Stop loss triggered this morning at 13530
(entry : sell at 13440) = -90 pips
Comments:
We have been caught yesterday on false break below ema 55 (d1) and doji formation in H4, Ema 55 designed to stop uspide correction, was broken this morning. Eurusd is rignt now bouncing above ema 55 screen 1 showing possible upside target towards fib ret 50 and 62%
We have been caught yesterday on false break below ema 55 (d1) and doji formation in H4, Ema 55 designed to stop uspide correction, was broken this morning. Eurusd is rignt now bouncing above ema 55 screen 1 showing possible upside target towards fib ret 50 and 62%
GBP/USD Daily outlook - February 15th, 2011 -9:50 am gmt time
Intraday biais: Neutral
Current rate: 1.6050
Important points : support : 15940 (fib ret 62)
Signal : No trading signal generated
Current rate: 1.6050
Important points : support : 15940 (fib ret 62)
Signal : No trading signal generated
Most Likely Scenario : LONG position above 16160 and short below 15940 (fib ret 62%)
Alternative scenario : The downside breakout of 15950 will reopen retest of 15740 area
Comment : note formation of a falling wedge that we were talking about last week... Therefore near term outlook remains bullish as long as 1.5950. Above 1.6136 will flip intraday bias to the upside for 1.6276/87 resistance zone and break will target 61.8% projection of 1.4230 to 1.6298 from 1.5343 at 1.6621 next
Alternative scenario : The downside breakout of 15950 will reopen retest of 15740 area
Comment : note formation of a falling wedge that we were talking about last week... Therefore near term outlook remains bullish as long as 1.5950. Above 1.6136 will flip intraday bias to the upside for 1.6276/87 resistance zone and break will target 61.8% projection of 1.4230 to 1.6298 from 1.5343 at 1.6621 next
USD/CHF Daily outlook - February 15th, 2011 -9:50 am gmt time
Intraday biais: short till 9610 (following double top)
Current rate: 0.9686
Important point : support area at .9610
Signal : No trading signal generated
Current rate: 0.9686
Important point : support area at .9610
Signal : No trading signal generated
Comment :
Following double top in daily on uschf, we prevails downside consiolidation towards ema 55 at around .9610. and possibly 95.60
Following double top in daily on uschf, we prevails downside consiolidation towards ema 55 at around .9610. and possibly 95.60
USD/CHF Daily outlook - February 15th, 2011 -9:50 am gmt time
Intraday biais: short till 9610 (following double top)
Current rate: 0.9686
Important point : support area at .9610
Signal : No trading signal generated
Current rate: 0.9686
Important point : support area at .9610
Signal : No trading signal generated
Comment :
Following double top in daily on uschf, we prevails downside consiolidation towards ema 55 at around .9610. and possibly 95.60
Following double top in daily on uschf, we prevails downside consiolidation towards ema 55 at around .9610. and possibly 95.60
We are providing accurate technical analysis and live forex signals.
Daily technicals are sent for eurusd, gbpusd, usdchf, usdjpy, twice a day at 7.00 Am and 13.00 PM (Gmt time)
Live forex signals with entry price/ Tp1 / TP2 / stop level and market screen shot are the end of every H4 candle (based on gmt time). Automatic email are sent at 07.00, 11.00 am gmt time and 15.00 and 19.00 gmt time...informing clients of any entry on the market.
Daily technicals are sent for eurusd, gbpusd, usdchf, usdjpy, twice a day at 7.00 Am and 13.00 PM (Gmt time)
Live forex signals with entry price/ Tp1 / TP2 / stop level and market screen shot are the end of every H4 candle (based on gmt time). Automatic email are sent at 07.00, 11.00 am gmt time and 15.00 and 19.00 gmt time...informing clients of any entry on the market.
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