Posts Tagged ‘online forex trading’
USDCHF Analysis 2010-12-03

4XEagleEye USDCHF

Date: 03 Dec 2010 06:07:14 GMT Market Outlook

The bias remains neutral in nearest term. A need for a clear break from the range area (1.0065 – 0.9878) so we can see clearer direction. Break below (0.9878) could trigger further bearish pressure targeting (0.9692) and keep the major bearish scenario remains strong while break above (1.0065) could trigger further bullish correction testing (1.0067).
We need to hold for current session.


Summary
Direction

Moving Averages
84%
Reversal Probability
Oscillator

Hammer

2010-12-03 04:00

Bullish Crap
2010-12-02 16:00

1.0124
1.0067
1.0026
0.9989
0.9957
0.9888
0.9849
0.9790
0.9692
0.9623
Bullish Reversal Pattern
03 Dec 2010 04:07:24 GMT
On USDCHF hourly chart there is a bullish reversal signal (Hammer). We recommend longing the pair with a stop loss below(Hammer)
MACD Bullish Turning Point
03 Dec 2010 01:08:13 GMT
USDCHF 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.
Neutral Trend
03 Dec 2010 00:07:20 GMT
USDCHF 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 (1.0065) will open the way for a little push upward to test next resistance level, and a four hours close below (0.9878) will let the instrument test the next support level.

Hourly Alerts

Copyrights: FX Eagle Eye is a combined efforts for the JV between letsfx.com and 4XEagleEye.com cached

 
USDCHF Analysis 2010-11-12


4XEagleEye Dashboard

Date: 12 Nov 2010 07:05:33 GMT Short Term Market Outlook

Forex Automation letsfx.com

USDCHF is at a crossroads, the instrument has a 50 – 50 chance of a recovery above (0.9797) or a fall towards (0.9661) in the coming session. We have to wait and watch the movement of the instrument from current levels.
We should wait for the victory of either team players (Bulls or Bears).


Summary

Direction

Moving Averages
64%
Reversal Probability

Oscillator
1.0042
0.9973
0.9926
0.9857
0.9810
0.9694
0.9625
0.9588
0.9548
0.9509
MACD Bearish Turning Point
12 Nov 2010 01:05:26 GMT
USDCHF MACD signal line has crossed below the indicator`s histogram while both of them, MACD and histogram, been greater than Zero. This is a probable bearish short term turning point.
Neutral Trend
12 Nov 2010 00:05:47 GMT
USDCHF 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 (0.9797) will open the way for a little push upward to test next resistance level, and a four hours close below (0.9661) will let the instrument test the next support level.

Hourly Alerts


Copyrights: FX Eagle Eye is a combined efforts for the JV between letsfx.com and 4XEagleEye.com325,532 hits