Commentaries tagged (currency)

Feb 9 2012

$EURUSD – keeps head up

by proacttraders 0 comment(s).

Overall Rating: Average rating is: 0 stars.

The bearish conditions yesterday did not materialize with any real follow through so now expecting the cross to continue. Look for 1.3352 as the first target and then possibly 1.3384. A bearish move signals a move to the .382 Fibo @ 1.3152

Feb 8 2012

$EURUSD–bounce?

by proacttraders 0 comment(s).

Overall Rating: Average rating is: 0 stars.

Currently we are @ 1.3275 and looking for a continuation north. The first target is the psychological area @ 1.3350 with further targets the R5 @ 1.3396. A break down south targets the 1.3172 area (we could bounce here).

Feb 7 2012

$AUDUSD–bounce?

by proacttraders 0 comment(s).

Overall Rating: Average rating is: 0 stars.

Currently we are @ 1.0782 and looking for a possible bounce @ 1.0758. A bounce north would target the 1.270 Fibo extension @ 1.0829 with further target the R7 @ 1.0906. A break down south targets the 1.0662 area (we could bounce here) and a breakout here might go back to the R6 @1.0527.

Feb 5 2012

Entering the Currency Intervention Age

by Econmatters 0 comment(s).

Overall Rating: Average rating is: 0 stars.

By Bruce Krasting One Around Two We are near the edge on a few situations in the FX markets. I'm watching the EURCHF and the USDYEN. The market traded EURCHF to a low of 1.2032 today. It closed at a (slightly) safer 1.2044. I would not be surprised to see this cross trade very...***This is a prev...

Read More » Tags: guest-post | bruce-krasting | currency

Feb 3 2012

$GBPUSD–and NFP?

by proacttraders 0 comment(s).

Overall Rating: Average rating is: 0 stars.

Currently @ 1.5830 and testing the R6 top. Non Farm Payroll is today so that could move it either way. A breakout north would target the -270 Fibo extension @ 1.5932. A break south targets the trendline @ 1.5786 (we could bounce here) and a breakout there might go to the 1.5744. We are bearis...

Feb 2 2012

$USDCHF–WEDGE BREAKOUT?

by proacttraders 0 comment(s).

Overall Rating: Average rating is: 0 stars.

Currently @ 0.9186 and caught in a wedge. Fed Chairman Bernake speaks today so that could move it either way. A breakout north would target the .618 Fibo @ 0.9292 from the day chart. A breakout south targets the -0.270 Fibo @ 0.9057. We are bearish for now.

Feb 1 2012

$AUDUSD–more left?

by proacttraders 0 comment(s).

Overall Rating: Average rating is: 0 stars.

Currently we are @ 1.0700 after breaking the very strong resistance. Looking for the bullish move to continue to resistance @ 1.0760. Immediate target is the -0.270 fib extension @ 1.0729. A failure to continue at the current level here would signal a move to the 0.500 fibo @ 1.0606 . We rem...

Jan 31 2012

$GBPUSD–more left?

by proacttraders 0 comment(s).

Overall Rating: Average rating is: 0 stars.

Currently we are @ 1.5772 just below the -0.270 Fibo. A sideways move or small pullback is possible here . Looking for the bullish move to the R6 @ 1.5860. A failure to break the -0.270 Fibo here would signal a move to the double top @ 1.5740. We are remain bullish for now.

Jan 27 2012

$USDCAD â€“bounce?

by proacttraders 0 comment(s).

Overall Rating: Average rating is: 0 stars.

Currently @ 1.0009 to complete the move to the bottom. Friday is typically a square up day so looking for the cross to bounce back to the .500 Fibo @ 1.0065. We are currently below the S6 former support and a failure to break that signals a continuation to the support @ 0.9957.

Jan 26 2012

$AUDUSD â€“finish?

by proacttraders 0 comment(s).

Overall Rating: Average rating is: 0 stars.

Currently we are @ 1.0678 to complete the move to the top of the trendline. We are currently just above the R6 resistance and the break of that signals a continuation to the -.270 fib extension/resistance @ 1.0762. Look for the move to stall there. A failure to break the 1.270 Fibo @ 1.0698 wo...

Jan 25 2012

$USDCADâ€“break?

by proacttraders 0 comment(s).

Overall Rating: Average rating is: 0 stars.

Currently we are @ 1.0134 in a corrective move to the top of the downtrend. We are currently just below the SR2 resistance and a break of that would signal a correction to the R3 @ 1.0196. Look for the Rally to end there. A failure to break the R2 would signal a potential move back to the dou...

Jan 24 2012

$USDCHFâ€“bounce?

by proacttraders 0 comment(s).

Overall Rating: Average rating is: 0 stars.

Currently we are @ 0.9280 in wave 5 of the current downtrend. We are currently just above the S5 Support @0.9217. Look for a bounce there. Next target is the 0.9200 area.

Jan 19 2012

$USDCHFâ€“bounce or break?

by proacttraders 0 comment(s).

Overall Rating: Average rating is: 0 stars.

Currently we are @ 0.9362 . As we noted yesterday "A break down would confirm a move to 0.9361 area". If we break the current support and it is very strong we are looking to go to the 0.9321 area. Overall target down is the S5 and 2.618 Fib Extension @ 0.9225. A bounce here would indicate a move ...

Recent Commentaries tagged (currency)

$EURUSD – keeps head up

$EURUSD–bounce?

$AUDUSD–bounce?

Entering the Currency Intervention Age

$GBPUSD–and NFP?

$USDCHF–WEDGE BREAKOUT?

$AUDUSD–more left?

$GBPUSD–more left?

$USDCAD â€“bounce?

$AUDUSD â€“finish?

$USDCADâ€“break?

$USDCHFâ€“bounce?

$USDCHFâ€“bounce or break?

Commentaries

Search Content

Popular Tags

Advertisement

TraderTube®