By admin on 21/07/2010
EURO and GBP made the upward stop hunt soon after japanese session and made the downward stop hunt during Mid and late European session as expected by the forecast model.During US session they are expected to swing in the middle level and slide further.before that they are making negative net change in EURO and USD/CHF [...]
Posted in Forex Master | Tagged before, crosses, drop, further, handling
By admin on 04/05/2010
EURO quick drop and gain was to drop euro/gbp cross,GBP
Posted in Forex Master | Tagged crosses, handle, hunts, stop, to
By admin on 08/03/2010
Expect the EURGBP to test 9200. Although far from clear, there is little evidence to suggest a reversal lower in the Yen crosses near term (yet).
Read More Currency Crosses Technical Outlook 0308
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Posted in Forex Master | Tagged 0308, crosses, currency, outlook, technical
By admin on 19/02/2010
Several Euro crosses are approaching or have reached long term support. The Yen crosses continue to march higher, albeit in corrective fashion.
Read More Currency Crosses Technical Outlook 0219
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Posted in Forex Master | Tagged 0219, crosses, currency, outlook, technical
By admin on 08/12/2009
Mid session – the players are busy handling the crosses before coming to majors.They rised euro and dropped gbp, and also dropped usd/yen.In this process GBP/YEN dropped further and EURO/GBP rised more.They are expected to
Posted in Forex Master | Tagged crosses, european, handling, mid, session
By admin on 11/11/2009
EURJPY Forecast
The EURJPY had a bullish momentum yesterday. With all the noises from ECB and The Fed are now gone, I believe that yesterday’s bullish momentum is the real direction. The bias is bullish in nearest term targeting 135.70/90 area. Immediate support at 134.50 and the trendline support area. Break below that area should lead [...]
Posted in Forex Master | Tagged 10, crosses, daily, for, forecast, november
By admin on 07/11/2009
Most of the yen crosses are developing very broad but very clear ascending wedge formations. This is fundamentally and technically unique as many of the other risk-sensitive pairs and markets have shown relatively tight congestion over the past few weeks at the very top of bullish trends. This is not a small break from the [...]
Posted in Forex Master | Tagged cadjpy, crosses, epitomizes, formation, in, the, wedge, yen
By admin on 16/10/2009
players are known to make one sided moves in crosses using usd/yen and usd/cad.
Now they are making follow up drop in euro/gbp by rising gbp and dipping euro.Similarly in gbp/yen one sided upward follow up rise – by rising gbp and rising usd/yen- typical contrarian moves to handle the crosses during mid session.from late European [...]
Posted in Forex Master | Tagged crosses, in, moves, one, sided