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Author: Greg Firman

Forex Trades for June 30, 2009.

We are likely to see a volatile week ahead in the currency markets however this will also bring opportunity. Usa/jyn and usa/chf are both undervalued and buying on dips on these two currency pairs is a preferred strategy. For a...

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Forex Market Outlook for June 29, 2009.

Euro/usa continues to play a 1.3750 to 1.4340 range and there is no need to complicate this picture. As we move towards 1.4200 this represents a very good sell opportunity on this currency pair. Usa/chf key support comes in at...

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Forex Trades for June 24, 2009.

Trades for tomorrow have very little correlation to the USAD as with the FOMC announcement we are likely to see increased volatility. For a complete look at the recommended trades for June 24, 2009 please click on the enclosed...

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Forex Market Outlook for June 22, 2009.

USAD Index continues to show signs of strength in the days ahead which will likely keep the major pairs in there current ranges. Euro/usa continues to hold below range top at 1.4350 and the risk of a very sharp sell off appears...

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Forex Trades for June 16, 2009.

Usa/jyn testing major resitance at 97.00 and if this area holds would should see the 101.50 area tested in the days ahead. If 97.00 gives way any move lower is likely to beery short lived. As predicted euro/usa has made a sharp...

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Forex Market Outlook for June 15, 2009.

We have mixed signals to start the week on the major pairs however we do have a clear signal still on usa/jyn with key support at 96.90. We remain long while this key area holds and only a sustained break of this level will take...

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Forex Trades for June 11, 2009.

Major support holding at 96.80 area on usa/jyn and the pull back allowed us to add longs today for a move back towards 99.00. Euro/gbp shorts remain in play with the .8669 area now key resistance. Only a sustained break of this...

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Forex Trades for June 10, 2009.

Usa/jyn working off over bought levels and key support is in sight at 96.60. Only a sustained break of this area takes the pressure off the topside and longs still recommneded while above this area. euro/usa playing the range as...

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Forex Trades for June 9, 2009.

Usa/jyn longs remain in play with 97.85 our entry point for tomorrow. With a fresh cross over from Vantage Point we could see a breakout to the upside extending to the 104 area. Euro/usa range bottom has held again at 1.3800...

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Forex Market Outlook for June 8, 2009.

Usa/jyn buy signal continues to gain strength and a break above 100.00 appears likely in the days ahead. It is important to note that the buy signal from Vantage Point on this pair formed over a week ago. Euro/usa has moved back...

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