Added on 11/08/2004 at 06.33 GMT
EURUSD

The dollar is still under pressure and a record high above 1.3 is possible today.
Current value is 1.2975.

Trading strategies:

Long at 1.2940, t/p @1.2970, s/l @1.2920

USDJPY

A test against first resistance level at 105.80 is possible.
Current value is 105.48

Trading strategies:

Long at 105.30, t/p @105.65, s/l @105.10

(more…)

- Continue reading: Monday 11.08.2004

Added on 11/05/2004 at 06.50 GMT
EURUSD
New resistance key is seen at 1.2897 followed by 1.2925 and 1.2965. The first one was tested on yesterday and a break is expected today.
First support was found at 1.2857 followed by 1.2817 and 1.2749.
Current value is 1.2879.
Trading strategies:
Long at 1.2860, t/p @1.2910, s/l @1.2840
USDJPY
A break below 106 will probably encourage the yen for a hit of the yesterday low around 105.62 and even fall towards 105.20 for a new record low.
First resistance key is seen at 106.50 followed by 106.96 and 107.38. Support is seen at 105.62 followed by 105.20 and 104.74.
Current value is 106.08.
Recommended treades:
Short at 106.25, t/p @105.80, s/l @106.45
(more…)

- Continue reading: Friday 11.05.2004

Added on 11.04.2004 at 06.34 GMT

EURUSD

A break of the first res key at 1.2837 is expected soon. A new rally towards 1.29 is possible after the
break of second res key around 1.2845.
Strong support is seen at 1.2812.
Current value is 1.2830

Trading strategies:

Long at 1.2815, t/p @1.2860, s/l 1.2790

USDJPY

A break of first resistance level at 106.85 is possible.
Current value is 106.31.

Trading strategies:

Long at 106.20, t/p @106.55, s/l @106.05

(more…)

- Continue reading: Thursday 11.04.2004

Added on 11.01.2004 at 06.25 GMT
USDJPY
The dollar bought 106.24 yen, up 0.38 yen from late Friday in Tokyo and above the 105.86 yen it bought in New York later that day.
The dollar will probably hit 106.75 a bit later.
Current value is 106.23.
Trading strategies:
Long at 106.05, t/p @106.40, s/l @105.90

EURUSD
The EUR found support at 1.2770, followed by 1.2715.
First resistance is seen at 1.2840. A new test of the 1′st res key is expected later.
Current value is 1.2782
Trading strategies:
Long at 1.2760, t/p @1.2810, s/l @1.2745 (more…)

- Continue reading: Monday 11.01.2004

Added on 10.29.2004 at 05.47 GMT
USDJPY

On yesterday, the dollar hit a fresh six-month low of 105.90 yen, then rose as high as 106.98 on news that China had raised rates.
The low would likely be tested today and probably the first support key at 105.70 will be touched.
Current value: 106.09

Short at 106.20, t/p @105.80, s/l @106.50

EURUSD
A rise towards 1.28 area is expected. First resistance is seen at 1.2767 followed by 1.2815 and 1.2842.
First support key is seen at 1.2715.
Current value: 1.2746

Long at 1.2735/40, t/p @1.2775, s/l @1.2710
If t/p hit, adjust s/l and hold the position for +1.8 exit. (more…)

- Continue reading: Friday 10.29.2004