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- candlesticks replied Apr 1, 2009
DX DAILY and WEEKLY Charts... Looking at the daily chart. We saw a red candle yesterday. Today we have a doji (indecision) candle. We broke above yesterady's high only to close below it today. IMO the bears are still in the driver's seat till we can ...
EURUSD
- candlesticks replied Mar 31, 2009
Comparing DAILY Charts of EUR-USD, GBP-USD and USD-CHF we find that the 100 SMA held. We saw EUR-USD and GBP-USD move higher as USD-CHF fell. Looking at EUR-USD we see that the prices moved higher yesterday and then fell making a nice wick on the ...
EURUSD
- candlesticks replied Mar 31, 2009
DX DAILY and WEEKLY Charts... On the Daily chart we saw a lower DX following yesterday's move up to the 50 SMA. With the red candle today, we could see the prices fall tomorrow. Only a move above 86.12 will be considered a continuation of the ...
EURUSD
- candlesticks replied Mar 31, 2009
EUR-USD moved higher nicely today after making a doji (indecision) candle yesterday (plz see last posting). Attached is a 4 H chart of EUR-USD, showing possible retracement levels and resistance.
EURUSD
- candlesticks replied Mar 30, 2009
Comparing EUR-USD, GBP-USD, and USD-CHF DAILY Charts, we see that on EUR-USD we have a doji (indecision) candle supported by 100 EMA. On USD-CHF we have a "shooting star" and 100 EMA comes in as resistance. While on GBP-USD we have a "hammer". IMO a ...
EURUSD
- candlesticks replied Mar 30, 2009
DX charts Daily and Weekly. We had an interesting day today. With DX continuing to rise from Friday. On the Weekly chart we are still bullish till 82.63 is taken out. The Daily chart we have approached the 50 SMA, with CCI at -23.92 and we can get a ...
EURUSD
- candlesticks replied Mar 29, 2009
DX Weekly and Daily Charts DX moved up on Friday. Weekly low supported by 200 SMA held. Both Daily and Weekly charts are looking bullish. Only a reversal candle on Daily chart will suggest a weakening of the bulls. 1st level of resistance comes in ...
EURUSD
- candlesticks replied Mar 27, 2009
EUR-USD made an inside bearish candle yesterday. We are still in consolidation. A break on yesterday's candle to the downside will bring in bears and we can see prices fall rapidly.
EURUSD
- candlesticks replied Mar 27, 2009
DX Daily and Weekly Charts... The low of Last week continues to hold. Only a break below last week's low will make DX bearish. On the Daily Chart we got a bullish candle yesterday. Signifying that the bulls are not ready to let go just yet. Could ...
EURUSD
- candlesticks replied Mar 26, 2009
EUR-USD plays an interesting scenerio. We are in a smaller range within a ranging market. Total range on day so far 118 pips (H 13.639 - L 1.3521) See Chart.
EURUSD
- candlesticks replied Mar 26, 2009
EUR-USD Coiling for a big break-out. The closer it gets to the tip of the triangle the 1) less the impact of break-out 2) the less predictable the direction.
EURUSD
- candlesticks replied Mar 26, 2009
EUR-USD has made a small range on the day so far of 81 pips (H 1.3618 - L 1.3537). It seems to have formed a bullish flag to go higher on the daily chart. Yesterday's bullish candle has given it renewed energy to go up. But we are still range bound ...
EURUSD
- candlesticks replied Mar 25, 2009
DX Charts ... DAILY and WEEKLY On DX WEEKLY charts we are staying above 200 SMA. Low of last week (82.63) still unbroken. Until its broken we will see higher DX prices. The close on DAILY DX chart brings new possibilities. With a red candle close we ...
EURUSD
- candlesticks replied Mar 25, 2009
EUR-USD moved up on US New Home Sales report. Looking at the DAILY and 4 H charts, we see that the market continues to be bear as long as yesterday's high of 1.3678 is not broken. And the last week's high of 1.3738 continues to act as resistance. A ...
EURUSD
- candlesticks replied Mar 24, 2009
DX Charts ... Daily and Weekly As we look at the DX WEEKLY chart. we see that we got support from 200 SMA. Though we have a double top, with CCI divergence, we are getting a bounce. How much of a bounce we get is anyone's guess. But as long as last ...
EURUSD
- candlesticks replied Mar 24, 2009
EUR-USD closed HOURLY Chart below yesterday's low of 1.3485. We are in bear territory where we can retrace further down. Only if we can brake above the high of last week 1.3738 will the bears be in control to take us further up to 1.3855 area of ...
EURUSD