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MDunleavy
Posted on: Dec 29, 2012, 06:58 PM


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USDJPY Analysis - December 29, 2012
—USDJPY's upward movement from 77.14 extends to as high as 86.63.
—Further rise could be expected after consolidation, and next target would be at 88.00 area.
—Support is at 85.50 followed by 84.50, as long as these levels hold, the uptrend will continue.
—For long term analysis, USDJPY had formed a cycle bottom at 77.14 on weekly chart.
—Further rise to 90.00 area is possible over the next several weeks. [ Written by ForexCycle]

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~~~> http://goo.gl/lZCUV
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~~~> http://goo.gl/j3V7n
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  Forum: Economic News · Post Preview: #62454 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Dec 16, 2012, 04:14 PM


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—USDCHF Analysis - December 15, 2012
—USDCHF breaks below 0.9214 support, suggesting that the downtrend from 0.9971 has resumed.
—Further decline could be expected next week, and next target would be at 0.9000 area.
—Resistance levels are at 0.9300 and 0.9400, as long as these levels hold, the downtrend from 0.9511 will continue.
—For long term analysis, USDCHF had formed a cycle top at 0.9971 on weekly chart.
—Further decline to 0.8500 area would likely be seen over the next several months.[Written by ForexCycle]

~~~> Click to learn more!
See also
~~~> http://goo.gl/EMVCX
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~~~> http://img35.imageshack.us/img35/9255/12dec16.pdf
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  Forum: Economic News · Post Preview: #26375 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Dec 9, 2012, 06:54 AM


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—The GBP/USD fell friday to trade at 1.6010 after the Bank of England yesterday held rates and policy.
—Today, industrial production and manufacturing production both disappointed markets reporting well below forecast, casting a greater doubt on the UK economy.
—Just a few days ago, the UK downgraded growth for 2013 and Chancellor Osborne, presented the Autumn statement with a negative forecast. [Written by forextv]

~~~> Click to learn more!
See also
~~~> http://goo.gl/acRBE
↑↑↑ OR ↓↓↓
~~~> http://img402.imageshack.us/img402/2061/12dec08.pdf
A d d i t i o n a l l y
  Forum: Economic News · Post Preview: #26214 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Nov 26, 2012, 09:24 AM


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Crude Oil Weekly Technical Outlook
•Sat Nov 24 12 09:51 ET Crude Oil Weekly Technical Outlook Nymex Crude Oil (CL)Crude oil edged higher to 89.98 last week but failed to take out 90 psychological level and retreated again.
•Nonetheless, note that firstly, it's has taken out near term falling channel.
•Secondly, it seems to be well supported by 4 hours 55 EMA.
•Thirdly, daily MACD is staying well above signal line.
•The development argues that fall from 100.42 might be completed at 84.05 already.
•Further rise will be mildly in favor as long as 86.17 minor support holds.
•Strong rally would be seen to 93.66 resistance to confirm the bullish case.
•Though, below 86.17 will flip bias back to the downside for another low below 84.05.
[Written by oilngold]

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~~~> https://docs.google.com/file/d/0BxxKzvQ2GlM...GUxYzQz/preview
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~~~> http://img547.imageshack.us/img547/2082/12nov26.pdf
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  Forum: Economic News · Post Preview: #25974 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Nov 18, 2012, 03:38 PM


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•The dollar index continues to remain firmly bullish on the daily chart, moving higher and breaking above the 81 region, as the currency of first reserve continues to strengthen following the U.S. election.
•This firm move higher for the U.S. dollar has been accompanied by sustained buying volume on both the daily and the three day chart, which have both provided additional momentum to the move higher, following the key breakout from the sideways congestion created during September and October, which saw the index trade in a narrow range.
•This platform of support is now providing the necessary springboard, and with the Hawkeye Heatmap now firmly green, the U.S. dollar looks set to continue higher in the short to medium term.
•Should the three day trend also transition through to bullish in due course, then we can expect to see the index climb to test the 83.00 region and beyond with consequent weakness across the major currency pairs, along with commodities. [Written by forexpros]


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~~~> https://docs.google.com/file/d/0B9cvIxidsTj...M25oVlk/preview
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~~~> http://img822.imageshack.us/img822/5085/12nov18.pdf
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  Forum: Economic News · Post Preview: #25846 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Nov 10, 2012, 07:56 PM


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EURUSD Analysis 10th November 2012 – P&F Update...



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~~~> http://img7.imageshack.us/img7/3057/12nov10.pdf
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  Forum: Economic News · Post Preview: #25765 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Oct 27, 2012, 04:02 PM


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–The AUD/USD pair initially fell during the week, but found a bit of a bid later on and formed a hammer.
–This is right after to shooting stars, and is in the middle of a massive consolidation area.
–We figure that this pair will be very difficult to trade, although it does look bullish at the moment.
–As for a longer-term point of view, the Reserve Bank of Australia is slated to cut rates at least once if not twice.
–This should weigh upon the Australian dollar going forward, as well as all the global risks out there.
–However, it appears that as far as longer-term trader concerned, we need to break above the 1.06 level to have complete clarity higher.
–If we managed to break down below the 1.0150 level however, we figure that this pair will absolutely crumble.
[Written by fxempire]
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See also
~~~> https://docs.google.com/file/d/0B9cvIxidsTj...TjJ3ZXM/preview
↑↑↑ OR ↓↓↓
~~~> http://img402.imageshack.us/img402/7477/12oct27.pdf
A d d i t i o n a l l y
  Forum: Economic News · Post Preview: #25615 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Oct 21, 2012, 07:52 PM


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–Gold Prices Range bound till New Effective Triggers are seen:
–Gold traders now look ahead to next week and movements in gold prices will be taking cues from the FOMC interest rate decision on Wednesday and Q3 GDP data on Friday.
–It is highly unlikely for the Fed to change its QE3 decision in the October 2 day FOMC meeting, which concludes Wednesday.
–Although the central bank is not expected to alter its policy stance, investors will be closely eyeing the accompanying statement for an updated assessment of the domestic economy.
–If the Fed adds concerns about inflation and rising prices, gold prices will remain well supported as investors flock into gold bullion as a traditional hedge against inflationary pressures.
–The Fed may also keep focus on what to do when Operation Twist ends in December.
[Written forexpros]
~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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See also
~~~> https://docs.google.com/file/d/0BxxKzvQ2GlM...bXlpSms/preview
↑↑↑ OR ↓↓↓
~~~> http://img443.imageshack.us/img443/8240/12oct21.pdf
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  Forum: Economic News · Post Preview: #25542 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Oct 7, 2012, 05:53 PM


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–USDCHF: With USDCHF reversing almost all of its corrective recovery gains the past week, the big risk is for it to return to the 0.9238 level.
–If this occurs in the new week, further declines will shape up towards the 0.9193 level, its May 07’2012 low with breach targeting the 0.9100 level and ultimately the 0.9000 level, its big psycho level.
–Its weekly RSI is bearish and pointing lower supporting this view.
–On the upside, it will have to return above the 0.
–9424 level to annul its current weakness and resume its bullish offensive towards its Sept 10'2012 high at 0.9482.
–A breach will open up further upside gain towards the 0.9606 level.
On the whole, the pair remains biased to the downside in the short term.
[Written by traderslaboratory]
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See also
~~~> https://docs.google.com/open?id=0B9cvIxidsTjvRzZvZ1pFS1N1ZGs
↓↓↓ ORvvv ↑↑↑
~~~> http://img15.imageshack.us/img15/8383/12oct06.pdf
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  Forum: Economic News · Post Preview: #25322 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Sep 23, 2012, 07:52 PM


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–The GBP/USD pair rose during the session on Friday and even managed to break through the 1.63 level at one point.
–However, by the end of the day we saw a pullback that formed a shooting star.
–This pair has been overbought for a while, and as such a pullback would be welcomed by many of the buyers at this point.
–We still see the 1.60 level was massively supportive at this point time, and hope that a pullback is a chance to start buying this market somewhere closer to that level.
–However, we managed to break the top of the shooting star from Friday, then of course is a massively bullish signal as well.
–Even if we do see a breakdown of price over the next day or two, we are not interested in selling as the central bank equation of this currency pair is pretty straightforward: the Federal Reserve is looking to expand its quantitative easing, and the Bank of England is looking to sit still with its rates.
–Because of this, there is a positive swapped going long this pair. [Written by fxempire]
> > Click to learn more! < <


See also
~~~> https://docs.google.com/file/d/0B9cvIxidsTj...MDY5LTQ/preview
↑↑↑ OR ↓↓↓
~~~> http://img525.imageshack.us/img525/354/12sep23.pdf
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  Forum: Economic News · Post Preview: #25153 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Sep 9, 2012, 08:35 AM


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–Euro/dollar had a positive week, riding on the determination of the ECB in using its firepower to counter the Spanish crisis.
–The upcoming week is even more important, with the German constitutional court’s ruling needed to enable the bailouts.
–There are quite a few additional regular indicators and special events.
–Will the rally continue?.
–I am neutral on EUR/USD.
–After the huge rally that sent the pair to the highest levels since May, there is room for some correction.
–The rise came on a better than expected ECB decision, and high hopes for QE3 in the US.
–These hopes could lead to a disappointment, countering the big steps that Europe is taking to counter the crisis.
–Written by Forexcrunch.

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See also ↓↓↓
~~~>http://img684.imageshack.us/img684/9896/12sep08.pdf
^^^ORvvv
~~~>https://docs.google.com/file/d/0B9cvIxidsTj...N2dYQ1k/preview
A d d i t i o n a l l y ↑↑↑
  Forum: Economic News · Post Preview: #25010 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Aug 31, 2012, 10:51 AM


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—The Australian dollar showed some movement in both directions but was almost unchanged over the week, as AUD/USD closed at 1.0399.
—Highlights of the upcoming week include Building Approvals and Private Capital Expenditure.
—The pair continues to trade in a narrow range following mixed economic releases in both the US and Australia, as the pair showed some fluctuation but was unable to sustain any breakout.
—I am neutral on AUD/USD.
—After impressive gains this summer, the aussie has been in a holding pattern for the past few weeks.
—Given the turmoil in Europe and mixed data out of the US and Australia, the choppiness could continue.
—However, if the US economy produces more weak data and there is further talk of QE intervention, look for the Australian dollar to make some gains.[Written by forexcrunch]

> > Click to learn more! < <
See also ↓↓↓
~~~>https://docs.google.com/open?id=0BxxKzvQ2Gl...zIyZjg0NjFhMmJj
^^^ORvvv
~~~>http://img99.imageshack.us/img99/5194/12aug27.pdf
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  Forum: Economic News · Post Preview: #24883 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Apr 27, 2012, 09:12 PM


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AUDUSD is in consolidation mode between 1.0245 and 1.0452 after taking out falling trend line resistance set from late February. We do not see an actionable trade setup here for now and will wait for the pair to offer greater directional conviction to look for entry opportunities.27 April 2012 09:33 GMT [By dailyfx]

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~~~>https://docs.google.com/open?id=0BxxKzvQ2Gl...zIyZjg0NjFhMmJj
^^^ORvvv
~~~>http://img217.imageshack.us/img217/9731/12apr27.pdf
^^^ORvvv
A t t a c h m e n t (1) <~~OR~~> A t t a c h m e n t (2)
  Forum: Economic News · Post Preview: #23955 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Apr 9, 2012, 06:22 PM


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Over the last six months gains above 1.6000 have been limited and have attracted heavy selling. Sterling has fallen two big figures from this week’s high with the help of the QE3 postponement in the US. This weakness has caused the rate to fall back beneath the 100 day moving average at 1.5831. Strong US jobs data for March would undermine the rate further.
[by livetradingnews]

Learn more :
~~~>http://img38.imageshack.us/img38/4254/12apr09.pdf
^^^ORvvv
~~~>https://docs.google.com/open?id=0BxxKzvQ2Gl...GI4NWEyZDhkODU0
^^^ORvvv
A t t a c h m e n t
  Forum: Economic News · Post Preview: #23612 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Mar 25, 2012, 07:49 PM


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Much has been said about the 'obvious' H&S formation on the Daily chart. While I recognize this, I believe that said formation is failing with late week price action for which I am continuing longing even before the dreaded 1.3300. Again, there seems to be an inverted H&S on the H4 which pits it to the bulls. Break above Friday high would be above the neckline of said inversion and we should see some bullish action there off.[By forex4noobs]
LARGE PICTURE

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~~~>https://docs.google.com/open?id=0BxxKzvQ2Gl...Dk0ZjFlNzg5YzQ5
^^^ORvvv
~~~>http://img832.imageshack.us/img832/5033/12mar25.pdf
^^^ORvvv
~~~>https://docs.google.com/document/pub?id=1Y5...id.4lkg9t4ejr1o
  Forum: Economic News · Post Preview: #23236 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Mar 19, 2012, 01:05 PM


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Heard they’re behind the sharper fall just now from around 0.8260 to recent day’s lows of 0.8235. There is talk of sell stops now poised on a break of 0.8230 ahead of more bids at 0.8200/10 and sell stops on a break down of o.8200.[ by forexlive]

Learn more :
~~~>http://img819.imageshack.us/img819/2316/12mar19.pdf
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~~~>https://docs.google.com/open?id=0BxxKzvQ2Gl...jU4YjM1NTM2NjY2
  Forum: Economic News · Post Preview: #23077 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Mar 4, 2012, 03:05 PM


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On DXY if we get a pullback next week toward 78.50-ish we'd have a very mini head and shoulders bottom that could then manage to get up through this downtrend line/resistance. If I am wrong on this I think it's that we cross the downtrend line, head toward the spike near 80 and then pullback to retest the downtrend line. Either way I continue to think the dollar moves higher for now.[By Real Money Pro]

Learn more :
~~~>https://docs.google.com/open?id=0BxxKzvQ2Gl...WE1NzNmOGQ5YWI1
^^^ORvvv
~~~>http://img252.imageshack.us/img252/3377/12mar04.pdf
^^^ORvvv
A t t a c h m e n t
  Forum: Economic News · Post Preview: #22707 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Feb 20, 2012, 09:05 AM


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The dollar has risen versus its major currency counterparts despite a late week downside correction; this came after the heavily weighted EUR/USD currency pair rallied almost 200 pips on Thursday along with cable and other majors...[by forex-fx-4x]

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~~~>https://docs.google.com/leaf?id=0AhxKzvQ2Gl...list&num=50
^^^ORvvv
~~~>https://docs.google.com/document/pub?id=1Y5...CWipS6mND6YTepY
  Forum: Economic News · Post Preview: #22394 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Feb 9, 2012, 08:00 PM


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USD: From its lowest levels since early December of just below 78.50, the DXY index rallied as risk sentiment turned less hospitable. Even so, the DXY index remains below its 100-dma at 78.749.

Learn more :
~~~>http://fforeman.byethost17.com/12Feb08.html
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~~~>http://iticsoftware.com/postimages2//201009/12Feb08.html
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A t t a c h m e n t
  Forum: Economic News · Post Preview: #22199 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Jan 30, 2012, 08:28 AM


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*The British pound had another stellar week, climbing almost 200 pips against the US dollar, and breaking the 1.57 level. The upcoming week has seven releases, including GDP. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD.
*The dollar weakened against most major currencies following Bernanke’s announcement that interest rates will likely remain near zero until late 2014. This was despite solid economic data coming out of the US.

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A t t a c h m e n t (1) <~~OR~~> A t t a c h m e n t (2)
  Forum: Economic News · Post Preview: #21921 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Jan 25, 2012, 07:29 AM


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GBP/USD rose again on Monday as traders continue to sell off the US dollar in general. The Pound did well against the Greenback, but only marginally so. The rise was somewhat tempered by the 1.56 level, and we saw the pair pullback a bit. We are still bearish of this market overall, but think that a rise to test 1.57 again is very possible at this point.

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~~~>http://iticsoftware.com/postimages2//201009/12Jan24.html
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~~~>http://fforeman.byethost17.com/12Jan24.html
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A t t a c h m e n t (1) <~~OR~~> A t t a c h m e n t (2)
  Forum: Economic News · Post Preview: #21787 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Jan 15, 2012, 07:59 AM


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EUR/USD rose during the Thursday session as traders celebrated successful bond auctions in both Italy and Spain. However, the recent downtrend is certainly intact, and it is hard to think that it suddenly will give way based upon these two sales. The 1.30 level above is the start of significant resistance, and we are looking to sell weakness in that area if it appears. The candle does suggest some possible follow through over the next day or two, but we aren’t willing to won the Euro in general and there are simply far too many problems in that part of the world right now. We are selling rallies going forward.[by forex-download]

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A t t a c h m e n t (1) <~~OR~~> A t t a c h m e n t (2)
  Forum: Economic News · Post Preview: #21233 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Jan 9, 2012, 07:13 AM


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Forexpros - The Euro was lower against the U.S. Dollar on Sunday. EUR/USD was trading at 1.2677, down 0.33% at time of writing. The pair was likely to find support at 1.2667, today's low, and resistance at 1.3077, Tuesday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.26% to hit 0.8224 and EUR/JPY falling 0.42% to hit 97.47.

Learn more :
~~~>http://iticsoftware.com/postimages2//201009/12Jan08.html
^^^ORvvv
~~~>http://img819.imageshack.us/img819/3411/12jan09.pdf
^^^ORvvv
A t t a c h m e n t
  Forum: Economic News · Post Preview: #20998 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Jan 2, 2012, 09:44 AM


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*Forexpros – The U.S. dollar dipped against the Swiss franc in subdued trade on Friday, trimming some of the week’s gains as sustained concerns over the debt crisis in the euro zone supported safe haven demand.
*USD/CHF hit 0.9469 on Thursday, the pair’s highest since December 15; the pair subsequently consolidated at 0.9384 by close of trade on Friday, shedding 0.19% over the week.
*The pair is likely to find support at 0.9266, the low of December 20 and resistance at 0.9477, the high of December 13.
*Trading volumes remained low seeing as many traders closed books to lock in profit before the end of the year, reducing liquidity in the market and increasing volatility

CLICK HERE for detail information...
  Forum: Economic News · Post Preview: #20888 · Replies: 213 · Views: 248,897

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MDunleavy
Posted on: Dec 26, 2011, 08:01 AM


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USD/CHF rose a bit during the Friday session as the pair continues to grind higher. The 0.93 level that was broken above recently has been very supportive over the last week, and we think this is a possible sign of things to come. The pair is being supported by the fact that the Swiss National Bank is working against the value of the Franc and this should continue to push this pair higher. Also, the Dollar is the safe haven everyone wants. Because of this, we are buying this pair overall, and especially on dips.[by forextv]


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~~~>http://iticsoftware.com/postimages2//201009/11Dec25.html
^^^ORvvv
~~~>http://img521.imageshack.us/img521/929/11dec25.pdf
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A t t a c h m e n t
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