EUR/USD Strategies on July 08, 2009

07:45 PM (GMT + 7) EUR/USD TF 30 mnt

EMA 5, 20 and 66 already comfirm bearish , RSI below 50 ( bearish), Parabolic SAR give me same sight, 2 previous candle also comfirm that pull back already done and now ready to continue push lower. Resistant seems like formed at 1.3926 - 1.3938 area first and I've seen strong resistant at 1.3972 area.







TF 15 mnt
TF 15 shows the same things. So I'd prefer pick short this time. First support are today's low and if it's break,and steady, I think Eur/USD will goes to 1.3775. I will take short after TF 5 give me sign, and my opinion TF 5 will go up first. So I will wait if price could not break 1.3938 surely i will take one short






UPDATE : 08.13 PM (GMT+7)

Already sell at 1.3909, SL at 1.3944 and my target at 1.3839

EUR/USD Strategies on July 03, 2009

03:05 PM (GMT +7)

TF 30 mnt
EMA 5 already break upward EMA 20 and price action already touch EMA 66. These indicated trend will changed to bullish soon. RSI steady above 50,but resistant already formed as price action failed to hold bullish momentum, and there is reverse patern candle ( two previous candle).I have option to buy EUR/USD today, but I will wait more signal from smaller TF.

TF 15 mnt
This showed a similar pattern with TF 30, but more from TF 30, candle patern shows it will goes up soon. So I will check TF 5 mnt and let see what I can do for EUR/USD










Updatae : 03:25 PM
TF 5 mnt
It's shows me price action try to push 1.3978 but failed indicated by bullish candle that has now forming as a sign that price will goes up. So I decided to buy EUR/USD, I've got at 1.3999, my SL at 1.3769 an my target at 1.4049

* correction: my SL : 13969, sorry wrong type

EUR / USD 03 July 2009

EUR/USD people fail to continue its bullish momentum. This currency can not be in the 1.4176 area, its price down in the 1.3988 and 1.4002 at the close. U.S. currency has been exposed to the risk effect of which is bad from the data is expected by NFP. Tehknikal see if the chat H4, trendline suppot has passed, this case showed indication for further down (bearish).
Failure to survive in the 1.4176 area and trendline support that has been in the skip, will trigger a currency is weakening. Seems to be bias to bearish in the near future will be to test the 1.3850, but also the medium-term trend we can not predict its movements. This is caused by movement eur / usd is still in the area 1.4176 - 1.3750. resistant 1.4050 possibilities in the area.

GBP / USD 03 July 2009

GBP/USD a bearish momentum is strong enough for people. Price up in its closed at 1.6322 and 1.6391. H4 in the chart we can see that after failing to be in the area is the key 1.6660 level that the currency is resistant to the trend back down and go through trendline support.
This visible support would bearish in the near future. but for the middle period is still not clear or is still difficult to predict. bearish bias nearest will test level to 1.6420. if the trigger break should bullish momentum.