Posts Tagged ‘Currency’
EURUSD Analysis 2010-11-23
Written by admin
Dienstag, 23 November 2010 09:02
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4XEagleEye Dashboard

Date: 23 Nov 2010 06:06:02 GMT EURUSD Short Term Market Outlook

The EURUSD bias is neutral. Upper barrier is at (1.3796), break above that area could trigger further short term upside pressure testing (1.3731). On the downside, the important price level at (1.3566) may be tested or broken in the coming sessions, which may pull the pair towards (1.3311 – 1.3234).
We prefer to wait for break of upper or lower barrier.


Summary

Direction

Moving Averages
90%
Reversal Probability

Oscillator
General Chart - Harmonic Chart


1.3941
1.3864
1.3786
1.3731
1.3642
1.3521
1.3460
1.3311
1.3234
1.3194

MACD Bullish Turning Point
23 Nov 2010 06:06:02 GMT 		EURUSD MACD signal line has crossed above the indicator`s histogram while both of them, MACD and histogram, been less than Zero. This is a probable bullish short term turning point.
Reverse Expected
23 Nov 2010 02:05:58 GMT 		There is 90% probability that EURUSD will reverse soon. Traders should consider buying the instrument or taking profits on current short trades.
Stochastic Oversold
23 Nov 2010 02:05:58 GMT 		EURUSD Stochastic (14) Main line has crossed above Signal line while both lines been below 20. This is a probable short term bullish turning point.

Hourly Alerts

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USDJPY Analysis 2010-10-25
Written by admin
Montag, 25 Oktober 2010 09:00
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4XEagleEye Dashboard

Date: 25 Oct 2010 07:04:23 GMT Short Term Market Outlook
Forex Automation letsfx.com

We need to see a close above (81.43) or below (80.74).
USDJPY is struggling in a battle between both market forces (bulls and bears) the instrument has a trading range to break.
Any four hours close above (81.43) will open the way for a little push upward to test the resistance level at (81.95), and a four hours close below (80.74) will let the instrument test the next support level at (80.70).

Summary

Direction

Moving Averages
66%
Reversal Probability

Oscillator

Hammer

2010-10-25 04:00

82.85
82.55
82.25
81.95
81.65
81.00
80.70
80.40
80.10
79.80
Neutral Trend Broken
25 Oct 2010 07:04:23 GMT 		USDJPY is in down trend as long as it stays below (81.43), any 4 hours close above this level will change instrument`s direction. Traders should consider selling every rally with a stop loss above (81.43)
Reverse Expected
25 Oct 2010 06:04:24 GMT 		There is 66% probability that USDJPY will reverse soon. Traders should consider buying the instrument or taking profits on current short trades.
Sup/Res Penetrated
25 Oct 2010 06:04:24 GMT 		USDJPY had penetrated the important level at (81.00)

Hourly Alerts

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