Saturday, January 15, 2011

GOLD - Losing Momentum last weeks. Key Levels and Target

Gold remain sideways  last 8 weeks. Beas remain bullish long and medium term but short-term i´ll follow bearish view because gold losing momentum last weeks and remain unable to close daily above 1387.50 and must important above 1424.80. 
Next weeks expect pullback target [1261,1294].
Last friday tested again trendline and key suport area [1354,1365]
RSI indicator alert good chances this swing low breakout
finally suport and trendline.
Potential bearish head shoulders if close below 1350 daily target 1290, but remeber for now hold suport area let see what comes next sessions.
Resistance: 1387.50, 1405.50 and range [1418.10,1424.80]
Suporte: area [1261,1294], area [1320,1331 and area [1354,1365].
Click to zoom in. Good Luck folks.
Can see last update EURUSD and GBPUSD

GBPUSD Daily / Weekly Market Report 15012011

Above 1.5650 trend short-term remain bullish but below 1.61 remain bearish medium and long term.
Strong rally this week but close below last swing high daily chart 1.5910.
Below 1.5910 expect pullback next sessions target 1.5770 possible extension to 1.5730. Close daily above 1.5910 target range 1.5960.1.6015 remember big reference last months ema100 weekly chart 1.5947.
 Remember Trade Plan 13012011 intact.
Potential bearish head shoulders pattern but for now focus key levels area.
Can see EURUSD report 15012010 HERE
 Click to zoom in.Good Luck folks.

EURUSD - Weekly Market Thought 15012010 and Key Levels

EURUSD balance between 1.29 and 1.35.
Weekly close above 1.3536 possible will test 1.3750 or ever 1.3962, but  below 1.3536 trend remain bearish and soon or later EURUSD will test 1.26 area.
Click to zoom in. Good Luck folks.


Wednesday, January 12, 2011

AUDUSD - Weekly Market Thought 12012010

Trend remain bullish medium term above 0.9740 and bearish short-term below 1.0088.
Bearish divergence last high and pullback coming.
Last 6 months green EMA 0.9870, good suport/reference area never close 2 consecutive weeks below.
Fow now hold first key suport area/trendline range [0.9740,0.9852].
Resistance: [1.0016,1.0088].
Weekly close above 1.0088 possible will test the highs 1.0260 again.
Weekly close below 0.9740 test [0.9320,0.9423].
Good Luck folks.

EURUSD 4 Hours Market Thought 12012010

EURUSD remain bearish all time frames but last low 1.2870 hold false breakout area.
Resistance [1.3053,1.3081], 1.3131,1.3150 and 1.3216.
Suport 1.2960.
Daily chart expect more damage 1.2750,1.27 coming soon or later.
Good luck folks.

GBPUSD - Daily Chart - Key Levels

Click to zoom in.

Monday, January 10, 2011

NZDUSD - Daily Market Thought - Trend Remain Bullish

NZDUSD trend remain bullish short term above 0.7535 – 60 and 4 hours chart.
Last pullback hold first key level suport short-term 0.7535, resistance now 0.7627, 0.76795, 0.7736 and 0.7798.
Above 0.7535 expect test 0.7679 possible extension/retest the previous highs 0.7798 key  resistance level daily and weekly chart.
Next sessions if close daily chart below 0.7535 expect 0.7415 possible extension 0.7345 key level daily and weekly chart.
Resistances: 0.7627, 0.76795, 0.7736 and 0.7798.
Suportes: 0.6959, 0.7238, 0.7345, 0.7415 and 0.7535
Click to zoom in. Good luck folks.



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