Wednesday, February 2, 2011

USDCAD - Weekly Market Thought - Trend is your friend

Nothing new. Trend remain bearish. First resistance ema13 and higher band of the channel.
Last time close weekly above ema13 was 22/08/2010.
Click to zoom in.

USDCHF testing higher band channel and ema200.

Close 60 minutes chart above 0.9410 projection breakout triangle [ 0.95,0.9520]
Click to zoom in.

Gold - For now unable to break trend.

Click to zoom in.

USDCHF Monthly Maket Thoguht 02022011

Long term perspective
Nice channel expect test lower band next weeks.
Click to zoom in.

Tuesday, February 1, 2011

GOLD - Potential Bulllish Head Shoulders target 1384

Bullish pattern formation potential bullish head shoulders target 1384 follow this target above 1323
Click to zoom in. Good luck folks.
Add longs at 1342. GMT 00:00 = 02/02/2011
Will add more 1335 istops 1323 and 1319.

EURUSD - Target short-term 1.3903

Bullish formation -Wedge target 1.3903
Click to zoom in. Good luck.


EURUSD short 1.3760

Portfolio - Time frame Daily Chart

EURUSD - Short 1.3760
GBPUSD - Short if fill 1.6180 ( pending order) >> Edit 01/02/2011 = 15.33GMT

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