Forex market Outlook For The Week Of May 11, 2009.
Very mixed signals to start the week and until direction is clear it may be best to limit trading. For a complete look at the outlook for the week please click on the enclosed link....
Read MoreVery mixed signals to start the week and until direction is clear it may be best to limit trading. For a complete look at the outlook for the week please click on the enclosed link....
Read MoreNzd/usa longs now confirmed and the early indicator from Vantage Point was the predicted 3 day moving average crossing over both the predicted8 day and 18 day moving averages On a pull back tonight we will be looking to reset...
Read MoreNzd/usa flat signal is starting to make a move tothe upsidewith the predicted 3 day crossing over both the predicted 8 day and 18 day moving averages from Vantage Point. This could be an early warning sign of a break higher and...
Read MoreWe have mixed signals to start the however clear ranges have formed and they will be inplay to start the week. For a complete market update please click on the enclosed link....
Read MoreEuro/gbp shorts remain in play while below key resistance at .8969 and a sharp move lower apppears likely. Aud/nzd shorts near 1.2900 present good opportuntiy as the predicted MACD holds above the 0 line. For a complete look at...
Read MoreLooking forward to tomorrows recommended trades we have the USAD Index moving higher and a breakout on a number of pairs very close. Euro/usa continues to hold below key resistance now at 1.3174 and a move towards 1.2800 is very...
Read MoreThe USAD Index continues to move higher as predicted by Vantage Point and we have a trending move starting on a number of pairs. Usa/jyn has held up very well despite the sell off on the cross pairs however a further correction...
Read MoreThe market outlook for the week ahead is largely based around the USAD Index and a reversal signal higher that we are getting from Vantage Point. This week should see euro/usa break lower as resistance builds at the 1.3265 area...
Read MoreAud/nzd long positions did well today off key support at 1.2360 and we should see a move towards 1.2500 with a sustained break of this key area at 1.2360. Usa/chf longs also doing well today and a second attempt to break through...
Read MoreVery thin market conditions causing volatility in the currency markets today with the euro moving higher against the major pairs. The euro however is unlikely to hold onto gains going into the North American session tomorrow. We...
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