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Currency Pairs

Currency Pairs

Aug
31
2010

Trade Updates: JPY Strength

The JPY Crosses are doing well so far based on the JPY Index Stength …

Aug
31
2010

Heads up: Possible Yen Strength

Its early morning here in Asia and the market still has to digest what BOJ has been doing in last 24 hours however as per the JPY Index chart it looks like we might be getting ready for another round of possible JPY Strength … but as it happens during the Intervention periods, the picture [...]

Aug
24
2010

GBPUSD Updates: 24th August 2010

1.5428 is broken, 1.5137 still looks like a possible Target depending on how we react at 1.5332 and 1.52 …. [QUOTE=asherewt;569481]Waiting for next direction signal: Might become a good Short below 1.55 with Target to 1.5428 and 1.5137 in extension Reluctantly will take a Long if it breaks the cloud and closes above 1.5668 Also, [...]

Aug
24
2010

USD Index Updates: 23rd Aug 2010

USD Index updates as of 23rd August 2010 …

Aug
22
2010

Ichimoku Weeklys: 21st August 2010

Some important developments …

Aug
22
2010

Ichimoku Monthly: NZDUSD Kumo Breakout

It appears NZDUSD might get a Kumo Breakout on Monthly chart at the end of this month and depending on how things look at that time this may become a long term opportunity from there. Currently we have Daily TF Kumo Cloud at around 0.6932, a Close below this level will further encourage Bears. A [...]

Aug
21
2010

USD Index updates

Testing Monthly Pivot point, been a positive development for US$ so far as the Index has managed to break Kumo Cloud on Daily chart as well … Good luck with your trades …

Aug
20
2010

GBPUSD Updates: 20th Aug 2010

Lets see how it reacts against the Support Zone …. if it does then 1.5137 might be on cards …

Aug
20
2010

Heads up: USD Index on 4H

USD Index might turn up for another possible Rally however before we get too excited, it first needs to clear the Resistance at 82.88 …

Aug
17
2010

Ichimoku Weekly: GBPUSD

Important Support / Resistance Zones to watch out for …

Aug
12
2010

Ichimoku Weekly: GBPUSD Long Term View

Quite Possible depending on if we get a Kumo Breakout …

Aug
11
2010

GBPUSD: Possible Short

I’m not sure about this setup as yet but GBP seems to be breaking down against not only USD but also against JPY and some other stronger currencies such as NOK and SEK … should be an interesting setup to watch …

Aug
1
2010

Ichimoku Weekly: EURUSD August 2010

Above 1.31, EURUSD has entered into an Overbought Rally and is now touching not only the Monthly Resistance but Kumo Cloud’s Resistance Zone as well … However, the USD Index isnt supporting any Bullish outlook for USD at this stage so things need to be watched out carefully

Jun
17
2010

Strategy: Long Term or Short Term

I just thought I would post a couple of charts I prepared few weeks ago when I was working on a Long Term Trading system for myself. I know that there arent many traders around these days interested in Longer Term Trading strategies but still I thought it might be worth sharing here … BTW, [...]

Jun
11
2010

JPY Crosses: Support Resistance Levels

JPY Index has finally signalled an opportunity to move on upside, however 50.00 is still a great challenge to be broken … Below 49.03 the Bias for upside will become invalid …

Jun
6
2010

Ichimoku Weekly: USDJPY 6th Jun 2010

The Price Action is still inside the Kumo Cloud and 93.75 is still the level that will confirm a new Bullish run. Until that happens we’re better off trading on 1H and 4H timeframes …

May
30
2010

Ichimoku Weekly: USDJPY 30th May 2010

Some important levels to watch out for …

May
30
2010

Ichimoku Weekly: GBPUSD 30th May 2010

May
30
2010

Ichimoku Weekly: EURUSD 30th May 2010

May
28
2010

JPY Crosses: Moving Up

The JPY Crosses have had a nice run on Hourly TF since yesterday as the JPY Index shows in the chart. I’m bit careful to see whether this is a new Bullish move or just a Correction to the Bearish run we’ve had since last few weeks now. 4H chart will confirm which way we’re [...]