By admin on 04/07/2010
As expected yesterday EURO and GBP made the big drop and big rise for month beginning.Bullish feel is now created,Today after big upward stop hunt quick downward stop hunt could be seen before the trending gains in EURO and GBP.
During Japanese session swing and rise moves are expected.Early European session a quick rise is expected [...]
Posted in Forex Master | Tagged alternate, and, bearish, bullish, feels, nfp, to
By admin on 05/06/2010
The Australian Dollar fell sharply amidst similar declines in the US S&P 500 and became the worst-performing G10 currency through the past week of trade. A 3.44 percent decline in the S&P coincided with a broad flight to safety across all major asset classes. Read More Australian Dollar Forecast Bearish as SdanP 500 Declines
Related PostsSeptember [...]
Posted in Forex Master | Tagged 500, as, australian, bearish, declines, dollar, forecast, sdanp
By admin on 22/05/2010
Price action on EUR/USD, a daily chart of which is shown, has just broken down swiftly below the key 1.2500 support level, establishing a new 18-month low and lending a significant additional bearish bias to this strongly downtrending currency pair. A continuation of the steep overall downtrend has now been confirmed, with price currently targeting [...]
Posted in Forex Master | Tagged 18month, and, bearish, eurusd, low, still
By admin on 12/05/2010
Price action on GBP/USD, a daily chart of which is shown, has once again descended to approach key support in the important 1.5000 price region. This occurs within the context of a strong overall downtrend. The entire current week has thus far been characterized by marked bearishness after having descended from the 1.5350 region resistance. [...]
Posted in Forex Master | Tagged 15000, and, bearish, descends, gbpusd, still, to
By admin on 12/05/2010
After the dramatic drop this entire week (and especially on Thursday) that has established a new 14-month low around its expected 1.2500 support target, price action on EUR/USD (a daily chart of which is shown) has made an anticipated bullish correction. Despite this counter-trend correction, the strong bearishness that has characterized this currency pair for [...]
Posted in Forex Master | Tagged 12500, bearish, bias, continued, eurusd, hits, target
By admin on 12/05/2010
Price action on EUR/USD, a daily chart of which is shown, has begun once again to resume its bearish stance after having made a sharp bullish correction up to approach strong resistance in the 1.3100 price region in the beginning of this week. The current bearish resumption occurs after last week?s dramatic plummet down to [...]
Posted in Forex Master | Tagged bearish, eurusd, resumes, stance
By admin on 12/04/2010
Price action on EUR/USD, a daily chart of which is shown, has once again tentatively broken down below a countertrend bullish retracement and the key 1.3400 support/resistance level in its bid potentially to continue the strong downtrend that has been in place since the early December high. Since that high, this currency pair has been [...]
Posted in Forex Master | Tagged bearish, breakdown, downtrend, eurusd, within
By admin on 12/04/2010
Price action on USD/CAD, a daily chart of which is shown, reached parity (1.0000) this week, establishing a new 20-month low in the process. After dipping slightly below parity earlier this week, price has since consolidated right around this key level. This occurs within the context of a long-term, medium-term, and short-term downtrend in the [...]
Posted in Forex Master | Tagged around, bearish, bias, consolidating, parity, usdcad
