FOREX EASY WAY TO TRADE

EUR daily outlook

noreply@blogger.com (forexgenonlinetrading) — Mon, 29 Jun 2009 01:31:00 -0700

The estimated test of key supports for the implementation of pre-planned long positions has not been confirmed and activity parity of both parties marked by OsMA trend indicator as the result of previous trading day keeps preserving uncertainty concerning the choice of planning priorities for today

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EUR: Attempt longs at 1.4005; stop below 1.3800

noreply@blogger.com (forexgenonlinetrading) — Mon, 29 Jun 2009 01:25:00 -0700

Still consolidating under the increasingly important 1.4200 level but giving up very little room. Bullish momentum should increase slightly if we can hold above 1.3900 this week. Only a weekly close above 1.4200 will really get things going and another big round of short-covering

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USD/CHF Current Price: 1.0887

noreply@blogger.com (forexgenonlinetrading) — Mon, 29 Jun 2009 01:23:00 -0700

Neutral to slightly Bullish Hourly Sentiment is Seen as Price works through and Accumulating Range of 1.0798 Daily Static Support to 1.0913 Daily Static Resistance

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USD/JPY Current Price: 95.36

noreply@blogger.com (forexgenonlinetrading) — Mon, 29 Jun 2009 01:20:00 -0700

Neutral to Bearish Sentiment is seen with Price just entering a 20SMA/200SMA Bearish Hourly Cross, as the 20SMA is providing Dynamic Support with holding on the Daily Pivot @ 95.42.

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GBP/USD Current Price: 1.6443

noreply@blogger.com (forexgenonlinetrading) — Mon, 29 Jun 2009 01:17:00 -0700

Neutral to Corrective Bullishness is Seen, as Hourly Sentiment with Price finds a slight Reversal of the 20SMA/200SMA Hourly Bullish Cross with the 20SMA providing Dynamic Resistance Confluence at the 1.6482 Daily Pivot

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EUR/USD Current Price: 1.3992

noreply@blogger.com (forexgenonlinetrading) — Mon, 29 Jun 2009 00:59:00 -0700

Neutral to Bearish Sentiment is Seen as Price finds a Bounce from the 1.4000 Handle Static Support caught at the Daily Pivot/20SMA Dynamic Resistance Area

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Today's Trading Signals

noreply@blogger.com (forexgenonlinetrading) — Mon, 29 Jun 2009 00:31:00 -0700

The trading strategies are based exclusively on technical analysis and are short term with a maximum time horizon of 3 to 5 days

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Currency Majors Technical Analysis

noreply@blogger.com (forexgenonlinetrading) — Mon, 29 Jun 2009 00:23:00 -0700

1,4029. EUR USD is in a consolidation after the last bullish movement. EUR USD is in a range between 1,3890 and 1,4110. The volatility is low. Bollinger bands are flat

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EUR/USD: (1.4033) Above Triangle pattern, but at apex

noreply@blogger.com (forexgenonlinetrading) — Mon, 29 Jun 2009 00:15:00 -0700

Daily Long Term Moving Average↑ (1.3934 today) managed to act as Support in recent downmove, with pair above Triangle pattern, but at apex

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Daily Forex and Dow Jones outlook

noreply@blogger.com (forexgenonlinetrading) — Mon, 29 Jun 2009 00:06:00 -0700

1.3182, 1.3364, 1.3590 and 1.3778. After that 1.3958, 1.4186 and 1.4400. Break of the latter will give 1.4490, 1.4692 и 1.4884. Then 1.5117, 1.5386, 1.5592 и 1.5660. Break of 1.5660 would lead to 1.5865, 1.7280 и 1.9430(published on 23.10.2008)

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Crude Oil Weekly Technical Outlook

noreply@blogger.com (forexgenonlinetrading) — Sun, 28 Jun 2009 23:15:00 -0700

Crude oil's fall from 73.23 extended to as low as 66.25 last week but rebounded strongly. Nevertheless, such rebound was limited at 71.29, below 72.55 resistance and crude oil weakened towards the end of the week

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Forecast on US Dollar Minors

noreply@blogger.com (forexgenonlinetrading) — Thu, 25 Jun 2009 07:01:00 -0700

breached the prior day's trading range and closed @ 10980 which was well above the open. FED Chairman Bernanke Testifies

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EURCHF update

noreply@blogger.com (forexgenonlinetrading) — Thu, 25 Jun 2009 06:59:00 -0700

The euro rallied on yesterday as a result of the SNB intervention - selling francs. The pair is expected to trade violently for a while

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AUDUSD update

noreply@blogger.com (forexgenonlinetrading) — Thu, 25 Jun 2009 06:51:00 -0700

Resistance into the .8050 region formed by the upper band of a downward trend channel could not be breached on yesterday and the Aussie dollar is losing strength

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EURUSD update

noreply@blogger.com (forexgenonlinetrading) — Thu, 25 Jun 2009 06:27:00 -0700

The euro dropped on yesterday, not being able to hold gains above the 1.4000 mark. The fast decline was mainly caused by the SNB intervention against the CHF

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Forecast on US Dollar Majors

noreply@blogger.com (forexgenonlinetrading) — Thu, 25 Jun 2009 06:19:00 -0700

has been very difficult to predict in the recent days as the price signals are very noisy and closed @ 13930 which was below than the open

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USD/JPY Daily Outlook

noreply@blogger.com (forexgenonlinetrading) — Thu, 25 Jun 2009 06:12:00 -0700

Although dlr has moved higher after intra-day brief retreat n abv o/head res at 96.36 wud extend the upmove fm this week's low at 94.88 to 96.50/60, near term loss of momentum shud cap upside below 96.90 n yield pullback later

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Forex News and Events

noreply@blogger.com (forexgenonlinetrading) — Thu, 25 Jun 2009 05:26:00 -0700

While the FOMC failed to excite the market, it was SNB's currency intervention which provided the day's fireworks

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Technical News

noreply@blogger.com (forexgenonlinetrading) — Thu, 25 Jun 2009 05:23:00 -0700

The GBP/USD pair has been very volatile lately. Nonetheless, the current upward trend may be under threat, as the chart's hourly MACD indicates that the pair is overbought

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Crude Oil Inventories Data to Drive Oil Trading Today

noreply@blogger.com (forexgenonlinetrading) — Thu, 25 Jun 2009 05:17:00 -0700

Crude Oil prices rose nearly 4% on Tuesday to $68.59, as the U.S Dollar weakened and disruptions from OPEC member Nigeria stoked supply concerns

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Yen Falls against the USD on Economic Concerns

noreply@blogger.com (forexgenonlinetrading) — Thu, 25 Jun 2009 05:15:00 -0700

The Japanese currency fell sharply on Tuesday, falling against most of its major currency pairs, tumbling from creeping doubts about the sustainability of any economic recovery

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EUR Rises to a 2 Week High vs. the USD

noreply@blogger.com (forexgenonlinetrading) — Thu, 25 Jun 2009 05:12:00 -0700

The EUR rose 1.6% against the Dollar to $1.4075 in late afternoon trading yesterday, after hitting a session peak of $1.4109. It was the biggest one-day percentage gain since May 8

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USD Under Pressure Ahead of Interest Rate Announcement

noreply@blogger.com (forexgenonlinetrading) — Thu, 25 Jun 2009 04:52:00 -0700

The U.S. Dollar went bearish against most major currencies on Tuesday, as uncertainty ahead of today's Federal Funds Rate announcement put the USD under strong selling pressure

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NZD/USD Commentary and Trade Ideas

noreply@blogger.com (forexgenonlinetrading) — Thu, 25 Jun 2009 04:30:00 -0700

This pair has retreated very little from the highs made earlier this month. The commodity/inflation story has been told so many times it is becoming a fable

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AUD/USD Commentary and Trade Ideas

noreply@blogger.com (forexgenonlinetrading) — Thu, 25 Jun 2009 04:28:00 -0700

International political turmoil combined with lower commodities and equities has caused the AUD to take a dive this morning

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