Forex Weekly Technical Indicators Statistic Record

Forex Technical Analysis (19 May 2013) - Next Week Outlook

2013-05-19T10:57:00.000+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 19 May 2013

Time: 10:19 AM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Up
Full Stochastic	Down	Down	Up	Down
Bollinger Bands	N/A	N/A	N/A	N/A
Chart Formation	N/A	N/A	Head/Shoulder	Flag
Market Direction	Neutral	Down	Neutral	Neutral
Market Comments	As discussed here (Forex Technical Analysis) Now that the Head/Shoulder formation is becoming obvious in the weekly time frame and MACD/Stochastic indicators also almost synced downward direction. There is strong indication downtrend is about to continue its course of direction. All along next week could be a major downfalls with the expected price target should be around 1.26XX

AUD-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Down	Down
Full Stochastic	Down	Down	Down	Down
Bollinger Bands	Bottom	Bottom	Bottom	Bottom
Chart Formation	N/A	N/A	N/A	N/A
Market Direction	Down	Down	Down	Down
Market Comments	As discussed last week (AUD-USD Weekly outlook) the second candle has been formed as expected in the weekly time frame. Sitting at the strong resistant level the movement still have some more gas to go further down as MACD/Stochastic signal still goes down in the monthly time frame. This is the trickiest pair to trade but i have we must believe this time it should go down beyond the resistant 0.97XX

USD-CAD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Up	Up
Full Stochastic	Up	Up	Down	Up
Bollinger Bands	Top	Top	Top	Top
Chart Formation	N/A	N/A	N/A	Head/Shoulder
Market Direction	Up	Up	Neutral	Up
Market Comments	All the major time frame MAC/Stochastic already point upwards. Supported by Head/Shoulder formation (reverse) in the monthly time frame and also the squeezing size of the bollinger band. The major breakout that all has been waiting for is about to burst.The month of May should be bullish all along and nothing can stop it this time. The target could be as high as 1.21XX with the estimated volume of 1900 pips altogether. We will wait and see.

AUD-USD Weekly Technical Analysis (13 May 2013)

2013-05-13T22:00:00.002+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 13 May 2013

Time: 9:48 PM (+8 GMT)

AUD-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Down	Down
Full Stochastic	Up	Down	Down	Down
Bollinger Bands	Bottom	Bottom	Bottom	Bottom
Chart Formation	N/A	N/A	N/A	N/A
Market Direction	Neutral	Down	Down	Down
Market Comments	MACD and Stochastic both goes down in Weekly time frame supported by Daily and Monthly Time Frame. Going short for AUD-USD with the expected target at at least at 0.9810 by the end of this week. We wait and see if this is true.

EUR - USD Technical Observation (12 May 2013)

2013-05-12T22:11:00.002+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 12 May 2013

Time: 10:02 PM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Down	Up
Full Stochastic	Down	Down	Up	Down
Bollinger Bands	Bottom	Bottom	Middle	Middle
Chart Formation	Head/Shoulder	Head/Shoulder	Head/Shoulder	Flag
Market Direction	Down	Down	Sideway	Sideway
Market Comments	Sharp downfalls of the EUR-USD create flagging formation. Although the trend direction is down, but the flag formation create a significant near reversal fluctuation that make up nearly 90% the volume of the previous peak. The flag formation always hit the top of the Bollinger bands at maximum reversal target. At least 3 or Maximum 4 flags occurs where the last one will be based on the previous price level. In the weekly time frame there are common occurrences of Head/Shoulder formation to indicate the significant breakout to downtrend every time the trend making reversal. In the weekly time the 1st Shoulder (Top Band), Head (Higher Top Band), 2nd Shoulder (Middle Band). In Monthly Time Frame this is view as Head (Top Band) When MACD / Stochastic are moving in the opposite direction in Weekly & Monthly time frame and market support resistant falls on the shoulder (middle band) of the head/shoulder formation. The 4H time frame (MACD/Stochastic) playing important roles in the market fluctuation. The fluctuation range with the support/resistance of the 4H time frame usually creates 3 tops or more before it continues to fall further. The market breakout when 4H and Daily time frame of MACD / Stochastic synced in one direction. There are active fluctuations along the way before reaching its target, ups and downs occurs until the target is reached and then major correction happens. This happens on the shoulder formations.

Monthly Time Frame EUR-USD Chart: Sharp downfalls create the flagging formations with a reversal of at least 90% - 95% of the previous peak.

Weekly Time Frame EUR-USD Chart: Head and Shoulder formation at every peak at each of the flag formation indicates strong downtrend.

Daily Time Frame EUR-USD Chart: More detail view of the Head and Shoulder formation shown in the daily time frame compare to the weekly time frame.

4 Hourly Time Frame EUR-USD Chart: Fluctuation occurs by the guide of MACD/Stochastic signals. This level is positioned in the middle bollinger band (Shoulder formation) of the weekly time frame.

Forex Technical Analysis (09 May 2013)

2013-05-09T22:21:00.002+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 09 May 2013

Time: 09:51 PM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Up	Down	Up
Full Stochastic	Down	Down	Up	Down
Bollinger Bands	Middle	Middle	Middle	Middle
Chart Formation	N/A	Head/Shoulder	Head/Shoulder	Flag Down
Market Direction	Down	Neutral	Neutral	Down
Market Comments	Ever since the EUR-USD made its correction upward it has been fluctuating within 1.30028 Support and 1.3215 Resistance level. There were 3 attempts to break the resistant level of 1.3215 but seems to fail. This indicates a strong bearish trend in the long-term period and could make a breakout in just a matter of time. The contra-direction between MACD and Stochastic in the weekly and monthly time frames will keep the market movement sideways at least at this time around. Until both indicators synchronize in one direction (down), the breakout could be massive.

GBP-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Down	Down
Full Stochastic	Up	Down	Up	Down
Bollinger Bands	Middle	Top	Middle	Bottom
Chart Formation	N/A	N/A	N/A	Head/Shoulder
Market Direction	Up	Up	Sideways	Sideways
Market Comments	GBP-USD is having a weird movement and it may continue gradually sideway down trend. Although there is Head/Shoulder and MACD + Stochastic both synced downtrend, the market is already moving on its lowest ground. There was no history of record price lower than the current market.

GBP-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Up	Up	Up
Full Stochastic	Up	Up	Up	Up
Bollinger Bands	Top	Top	Top	Top
Chart Formation	N/A	N/A	N/A	N/A
Market Direction	Sideway	Up	Up	Up
Market Comments	All major indicators showing the way up, this is obvious bullish with most likely target could be reaching as high as 231.805 previous record price.

EUR-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Up	Up
Full Stochastic	Up	Up	Up	Up
Bollinger Bands	Top	Top	Top	Top
Chart Formation	N/A	N/A	N/A	N/A
Market Direction	Up	Up	Up	Up
Market Comments	Just like the GBP-JPY, the graph is identical as much as the market movement almost the exact replica of one another. Obvious bullish.

AUD-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Down
Full Stochastic	Up	Down	Down	Down
Bollinger Bands	Middle	Bottom	Bottom	Middle
Chart Formation	Head/Shoulder	N/A	N/A	N/A
Market Direction	Up	Down	Down	Down
Market Comments	The AUD-USD is getting weirder everyday, despite the massive drop in Gold prices there seems to be no impact to the pair. Although all indicators synced downtrend but it still stays strong at the top. Could be getting higher against all odds?

USD-CAD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Up
Full Stochastic	Up	Down	Down	Up
Bollinger Bands	Bottom	Bottom	Bottom	Middle
Chart Formation	N/A	N/A	Head/Shoulder	Head/Shoulder
Market Direction	Up	Down	Down	Up
Market Comments	It has been long-time crawling at the bottom, and completed the Head/Shoulder reverse formation. This will be waiting for long-long term bullish trend. Further downtrend would be the impossible as the current position is the lowest at all time record.

Forex Technical Analysis (29 April 2013)

2013-04-27T18:31:00.003+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 27 April 2013

Time: 6:32 PM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Down	Up
Full Stochastic	Up	Down	Up	Up
Bollinger Bands	Top	Middle	Middle	Middle
Chart Formation	Head/Shoulder	Head/Shoulder	Head/Shoulder	N/A
Market Direction	Up	N/A	N/A	N/A
Market Comments	The short and intermediate term maybe going sideways to fight support/resistance but the Head/Shoulder formation is a strong sign of bearish trend.

GBP-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Down	Down
Full Stochastic	Up	Up	Up	Down
Bollinger Bands	Top	Top	Middle	Bottom
Chart Formation	N/A	N/A	N/A	N/A
Market Direction	Up	Up	N/A	N/A
Market Comments	Short and Intermediate term is correction upward. The long-term still showing going sideway although MACD/Stochastic is both heading down. The head-shoulder formation in the monthly time frame could be a sign of long-term bearish but, the weirdest is the pair seems to be already crawling at its lowest ground floor.

GBP-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Up	Up	Up
Full Stochastic	Down	Up	Up	Up
Bollinger Bands	Bottom	Top	Top	Top
Chart Formation	N/A	N/A	N/A	N/A
Market Direction	Down	Up	Up	Up
Market Comments	Smallest scale short term is going down but all seems to be heading upward. Perfect bullish with unknown limit. Most likely 162.384 previous historical price level

EUR-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Up	Up	Up
Full Stochastic	Down	Down	Up	Up
Bollinger Bands	Bottom	Middle	Top	Top
Chart Formation	N/A	N/A	N/A	N/A
Market Direction	Down	Up	Up	Up
Market Comments	Together with GBP-JPY this pair strong bullish the first historical price target should be 134.186

AUD-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Down
Full Stochastic	Down	Down	Up	Down
Bollinger Bands	Middle	Bottom	Bottom	Middle
Chart Formation	N/A	N/A	N/A	N/A
Market Direction	Down	Down	Sideway	Sideway
Market Comments	Despite of the major technical indicators all showing downward the AUD-USD is still in strong bullish mood. This is probably due to the strong Gold prices. This is the trickiest pair.

USD-CAD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Up	Up
Full Stochastic	Down	Down	Down	Up
Bollinger Bands	Bottom	Middle	Top	Top
Chart Formation	N/A	N/A	N/A	Head/Shoulder
Market Direction	Down	Down	Neutral	Sideway
Market Comments	The squeezing bollinger bands is a strong indicator there could be major breakout along the way. Mostly shooting up to the sky since the ground floor seems to be very solid and no traces of past price going down beyond that. The head/shoulder reverse formation in monthly time frame also indicate the future is bullish.

Forex Technical Analysis (17 Apr 2013)

2013-04-17T16:18:00.001+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 17 April 2013

Time: 3:24 PM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Down	Up
Full Stochastic	Up	Up	Up	Up
Bollinger Bands	Top	Top	Middle	Middle
Chart Formation	N/A	Head/Shoulder	Head/Shoulder	Flag downwards
Market Direction	Up	Up	Up	Up
Market Comments	All technical indicators from short to long-term are moving upwards direction showing strong bullish market. However this may last for a week or a month or two. The head and shoulder formation in the intermediate terms and flagging downward in the long term is something to watch out for as the reversal to bearish continuation could be huge and merciless. Note that the Bollinger band is also squeezing in smaller and smaller where eventually it will burst.

GBP-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Up	Up	Up
Full Stochastic	Up	Down	Up	Up
Bollinger Bands	Middle	Top	Top	Top
Chart Formation	N/A	N/A	Head/Shoulder (Reverse)	N/A
Market Direction	Up	Up	Up	Up
Market Comments	Looking at all indicators especially the Head/Shoulder formation, the GBP-JPY is obviously bullish all the way for the time being. 4 Hourly Time frame Fibonacci retracement is already hit 50% which meant continuation upwards is most likely the way ahead.

GBP-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Up	Down	Down
Full Stochastic	Up	Down	Up	Down
Bollinger Bands	Middle	Top	Middle	Bottom
Chart Formation	N/A	N/A	N/A	N/A
Market Direction	Side way	Side way up	Down	Side way
Market Comments	It has been quite sometimes the cable pair is moving side way direction. The Bollinger Bands is already squeezed enough and there must be time it will burst. The major breakout direction most likely heading down-trend. However for the time being it could be side-ways

EUR-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Up	Up
Full Stochastic	Up	Down	Up	Up
Bollinger Bands	Top	Top	Top	Top
Chart Formation	N/A	N/A	N/A	N/A
Market Direction	Up	Up	Up	Up
Market Comments	Just like it's closest GBP-JPY the EUR-JPY is also obviously uptrend. All indicators are moving aligned upward directions. The Fibonacci line analysis shows that it has reached the 38.2% correction and trigger another breakout. There is strong chances the market may higher up.

AUD-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Down	Down
Full Stochastic	Up	Down	Up	Down
Bollinger Bands	Middle	Bottom	Middle	Middle
Chart Formation	N/A	N/A	N/A	N/A
Market Direction	Down	Down	Side way	Sideway
Market Comments	The AUD-USD is the oddest pair that is not exactly following the technical indicators rule. Despite of the downward indication from short to long-term the pair still showing strong sign of bullish. This could be the result of Gold price that is closely related to the AUD which keeps it strong. The bollinger band indicator on the Weekly time frame is already squeezed, indicating a major breakout is on the way. However the direction is still unknown, most likely could be up-trend.

USD-CAD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Up	Up
Full Stochastic	Down	Up	Down	Up
Bollinger Bands	Top	Top	Top	Top
Chart Formation	N/A	N/A	N/A	Head/Shoulder (reverse)
Market Direction	Up	Up	Up	Up
Market Comments	After a long-long time USD-CAD has been rallying sideway at the bottom. The Head/Should formation could be the best indicator to show the future market for this pair should be bullish all the way. All indicators already rallying to rocket the sky.

Forex Technical Analysis (11 Apr 2013)

2013-04-11T19:17:00.001+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 11 April 2013

Time: 7:06 PM (+8 GMT)

GBP-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Down	Down
Full Stochastic	Up	Up	Up	Down
Bollinger Bands	Top	Top	Middle	Bottom
Chart Formation	N/A	N/A	N/A	Head/Shoulder
Market Direction	Up	Up	Up	Sideway
Market Comments	Short and Mid-Term moving upwards for correction whereas the long-term direction looks sideway

GBP-USD Monthly Candlestick Chart: Bollinger Bands, Stochastic, MACD Indicators

GBP-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Up	Up
Full Stochastic	Up	Up	Up	Up
Bollinger Bands	Top	Top	Top	Top
Chart Formation	N/A	N/A	N/A	N/A
Market Direction	Up	Up	Up	Up
Market Comments	All indicators from short to long-term are heading upwards, this is obviously indicates the bullish trend of the GBP-JPY pairs

GBP-JPY Monthly Candlestick Chart: Bollinger Band, Stochastic, MACD indicators

EUR-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Up	Up
Full Stochastic	Up	Up	Up	Up
Bollinger Bands	Top	Top	Top	Top
Chart Formation	N/A	N/A	N/A	N/A
Market Direction	Up	Up	Up	Up
Market Comments	Identical to GBP-JPY the direction for EUR-JPY is also heading upward direction. Strong bullish indication as all indicators going upwards direction

EUR-USD Technical Analysis 10 April 2013

2013-04-10T21:16:00.001+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 10 April 2013, Wednesday

Time: 9:17 PM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Down	Up
Full Stochastic	Up	Up	Down	Up
Bollinger Bands	Top	Top	Middle	Middle
Chart Formation	N/A	Head/Shoulder	Head/Shoulder	N/A
Market Direction	Up	Up	Down	Up
Market Comments	The short term perspective = Upwards Direction, Mid-Term perspective = Side Way, Long-Term Perspective = Downward. The Head and Shoulder at the mid-term perspective formation is very important indicator that might trigger the continuation of long-term bearish trend

EUR-USD Technical Analysis - 20 March 2013

2013-03-20T01:15:00.000+08:00

EUR-USD
Technical.Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Down	Up
Full Stochastic	Down	Down	Down	Up
Bollinger Bands	Bottom	Bottom	Bottom	Middle
Chart Formation	Down Trend	Head/Shoulder	Head/Shoulder	4 Flags Down
Market Direction	Down	Down	Down	Down
Market/Comments	Short and Intermediate term is all down. The movement is heading to the middle moving average of the bollinger band for monthly time frame. The overall perspective is major bearish.

EUR-USD Technical Analysis - 30 September 2012

2012-09-30T11:16:00.001+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 30 September 2012

Time: 11:12 AM (+8 GMT)

EUR-USD
Technical.Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Up	Down
Full Stochastic	Down	Down	Up	Down
Bollinger Bands	Bottom	Middle	Top	Middle
Chart Formation	Unknown	Unknown	Unknown	3 Flags Down
Market Direction	Down	Down	Up	Down
Market/Comments	Short-Term = Down \| Intermediate = Up \| Long Term = Down. Strong Bullish in the intermediate trend. This may take sometimes but eventually downtrend is the way for the long term perspective.

Daily Technical Analysis - 31 August 2012

2012-08-31T16:04:00.001+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 31 August 2012

Time: 4:00 PM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Up	Up	Down
Full Stochastic	Down	Up	Up	Down
Bollinger Bands	Bottom	Top	Middle	Bottom
Chart Formation	N/A	N/A	N/A	Triple Top
Market Direction	Down	Up	Up	Down
Market Comments	Intermediate Term is correction the long-term trend is still bearish

Daily Technical Analysis - 23 Jul 2012

2012-07-23T22:24:00.003+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 23 July 2012

Time: 10:23 PM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Down	Down
Full Stochastic	Down	Down	Down	Down
Bollinger Bands	Bottom	Bottom	Bottom	Bottom
Chart Formation	Unknown	Unknown	Head/Shoulder	3 Flags Downward
Market Direction	Down	Down	Down	Down
Market Comments	Down-trend still some more to go the ideal point is 1.18850

GBP-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Down	Up
Full Stochastic	Down	Down	Up	Up
Bollinger Bands	Bottom	Bottom	Bottom	Bottom
Chart Formation	Unknown	Unknown	Unknown	Head/Shoulder
Market Direction	Down	Down	Neutral	Neutral
Market Comments	The long-term trend still going sideway. However the future is falling more

EUR-USD Technical Analysis - 20 Jul 2012

2012-07-20T23:11:00.000+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 20 July 2012

Time: 11:02 PM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Down
Full Stochastic	Down	Up	Down	Down
Bollinger Bands	Bottom	Bottom	Bottom	Bottom
Chart Formation	Unknown	Unknown	Unknown	3 downward flags
Market Direction	Neutral	Neutral	Down	Down
Market Comments	The down-trend is still long way to go despite of the minor corrections upward

Monthly candlestick charting showing the 3 flag formations and strong MACD and Full Stochastic downward direction. The down trend should be over after reaching the previous level somewhere at 1.1924

Daily Technical Analysis - 15 Jul 2012

2012-07-15T12:31:00.003+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 15 July 2012

Time: 12:29 PM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Down
Full Stochastic	Up	Down	Up	Down
Bollinger Bands	Middle	Bottom	Bottom	Bottom
Chart Formation	Unknown	Unknown	Head/Shoulder	Flag Downward
Market Direction	Up	Down	Down	Down
Market Comments	Overall direction is down trend

GBP-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Down	Up
Full Stochastic	Up	Down	Up	Up
Bollinger Bands	Top	Middle	Bottom	Bottom
Chart Formation	Unknown	Head/Shoulder	Unknown	Head/Shoulder
Market Direction	Up	Neutral	Neutral	Neutral
Market Comments	The quiet movement keeps market flat but beware of major downtrend

GBP-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Down	Up
Full Stochastic	Up	Down	Up	Up
Bollinger Bands	Top	Bottom	Bottom	Bottom
Chart Formation	Unknown	Head/Shoulder	Head/Shoulder	Unknown
Market Direction	Up	Neutral	Neutral	Neutral
Market Comments	As the market already already at the bottom, the major trend is flat.

EUR-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Flat
Full Stochastic	UP	Down	Up	Up
Bollinger Bands	Middle	Bottom	Bottom	Bottom
Chart Formation	Unknown	Head/Shoulder	Head/Shoulder	Head/Shoulder
Market Direction	Up	Down	Down	Down
Market Comments	The major trend is - gradual downtrend

AUD-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Up	Down
Full Stochastic	Up	Up	Up	Down
Bollinger Bands	Middle	Top	Middle	Middle
Chart Formation	Unknown	Head/Shoulder	Head/Shoulder	Unknown
Market Direction	Up	Up	Up	Down
Market Comments	Despite of all the short and intermediate term goes uptrend the long-term is downtrend

USD-CAD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Up	Up
Full Stochastic	Down	Up	Down	Down
Bollinger Bands	Bottom	Bottom	Top	Top
Chart Formation	Unknown	Unknown	Unknown	Head/Shoulder
Market Direction	Down	Neutral	Neutral	Neutral
Market Comments	The long-term future is major up-trend

Daily Technical Analysis - 10 Jun 2012

2012-06-10T10:02:00.000+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: Sunday 10 June 2012

Time: 10:01 AM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Up	Down	Down
Full Stochastic	Down	Up	Down	Down
Bollinger Bands	Middle	Middle	Bottom	Bottom
Chart Formation	Head/Shoulder	Unknown	Head/Shoulder	Flag Downward
Market Direction	Down	Up	Down	Down
Market Comments	Correction in the short-term but long-term is going downtrend

GBP-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Down	Up
Full Stochastic	Down	Up	Down	Down
Bollinger Bands	Middle	Bottom	Bottom	Bottom
Chart Formation	Head/Shoulder	Unknown	Sideway trend	Head/Shoulder
Market Direction	Down	Neutral	Down	Neutral
Market Comments	Short-term down but long-term is neutral sideway trend waiting downtrend breakout

GBP-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Up
Full Stochastic	Down	Up	Down	Up
Bollinger Bands	Middle	Middle	Bottom	Bottom
Chart Formation	Uptrend	Double Top	Sideway trend	Sideway down trend
Market Direction	Neutral	Neutral	Down	Up
Market Comments	The short-term is making re-tracement and long-term sideway downward trend

EUR-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Up	Down	Neutral
Full Stochastic	Down	Up	Down	Neutral
Bollinger Bands	Middle	Middle	Bottom	Bottom
Chart Formation	Upward trend	Double Top	Sideway trend	Sideway trend
Market Direction	Down	Up	Down	Neutral
Market Comments	Short-term correction but long-term is sideway down trending

AUD-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Up	Down	Down
Full Stochastic	Down	Up	Down	Down
Bollinger Bands	Middle	Top	Bottom	Bottom
Chart Formation	Up trend	Double Top	Double Top	Double Top
Market Direction	Down	Up	Down	Down
Market Comments	Short-term correction and long-term is initiating downtrend

Daily Technical Analysis - 28 May 2012

2012-05-28T09:23:00.003+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 28 May 2012

Time: 9:23 AM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Down
Full Stochastic	Up	Down	Down	Up
Bollinger Bands	Middle	Bottom	Bottom	Bottom
Chart Formation	Rally Down	Flag Downward	Flag Downward	Flag Down
Market Direction	Up	Down	Down	Neutral
Market Comments	Short-term and Long-term down trend

GBP-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Up
Full Stochastic	Up	Down	Down	Up
Bollinger Bands	Middle	Bottom	Middle	Middle
Chart Formation	Rally Downward	Flag Upward	Head/Shoulder	Head/Shoulder
Market Direction	Down	Down	Sideway Trending	Sideway trending
Market Comments	Short-term downtrend \| Long-term sideway and downtre

GBP-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Up
Full Stochastic	Down	Down	Down	Up
Bollinger Bands	Middle	Bottom	Middle	Middle
Chart Formation	Rally Downward	Head/Shoulder	Sideway trending	Sideway trending
Market Direction	Down	Down	Down	Up
Market Comments	Sideway trending gradual downwards

EUR-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Up
Full Stochastic	Down	Down	Down	Down
Bollinger Bands	Middle	Bottom	Bottom	Bottom
Chart Formation	Rally Down	Head/Shoulder	Flag Downward	Flag Downward
Market Direction	Neutral	Down	Down	Neutral
Market Comments	Short-term downtrend and Long-term sideway downward

AUD-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Down
Full Stochastic	Up	Up	Down	Down
Bollinger Bands	Top	Bottom	Bottom	Bottom
Chart Formation	Rally Downward	Head/Shoulder	Double Top	Flag Upward
Market Direction	Up	Neutral	Down	Down
Market Comments	Short and Intermediate term goes down but the true direction based on chart formation is upward trending

USD-CAD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Up	Up	Up
Full Stochastic	Down	Up	Up	Up
Bollinger Bands	Middle	Top	Top	Top
Chart Formation	Rally Up	Unknown Sideway	Double Bottom	Double Bottom
Market Direction	Down	Up	Up	Up
Market Comments	The pair is waiting for major break out for uptrend

Daily Technical Analysis - 19 May 2012

2012-05-19T11:39:00.000+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 19 May 2012

Time: 11:38 AM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Up	Down
Full Stochastic	Up	Up	Down	Down
Bollinger Bands	Top	Bottom	Bottom	Bottom
Chart Formation	Unknown	Head/Shoulder	Head/Shoulder	Flag Downward
Market Direction	Up	Down	Down	Down
Market Comments	Short-term upward retracement while the intermediate term is neutral and long-term is downtrend

GBP-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Up	Up
Full Stochastic	Up	Down	Up	Up
Bollinger Bands	Middle	Bottom	Middle	Middle
Chart Formation	Head/Shoulder	Gradual upward	Double Top	Head/Shoulder
Market Direction	Up	Down	Up	Up
Market Comments	Short-term is retracement downward while the intermediate is upward and long term is gradual sideway uptrend. The bollinger band in Monthly time frame is squeezing smaller - which indicates sign of breakout.

GBP-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Up	Up
Full Stochastic	Up	Down	Down	Up
Bollinger Bands	Bottom	Bottom	Middle	Middle
Chart Formation	Rally downward	Double Top	Double Bottom	Unknown
Market Direction	Down	Down	Neutral	Up
Market Comments	This is odd pair. Despite of the long-term indicators all showing upward the market is moving downtrend. However the Bollingerband is getting squeezed which indicate a sign of breakout anytime soon most probably uptrend.

EUR-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Down	Up
Full Stochastic	Down	Down	Down	Up
Bollinger Bands	Bottom	Bottom	Middle	Bottom
Chart Formation	Rally downtrend	Head/Shoulder	Rally downtrend	Rally downtrend
Market Direction	Down	Down	Down	Up
Market Comments	The short-term all heading downtrend. In the long-term is gradual sideway downtrend

AUD-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Down	Down
Full Stochastic	Down	Down	Down	Down
Bollinger Bands	Bottom	Bottom	Bottom	Middle
Chart Formation	Rally Downtrend	Head/Shoulder	Double Top	Rally Uptrend
Market Direction	Down	Down	Down	Down
Market Comments	All indicators showing downtrend but the true direction of this pair based on the long-term (monthly time frame) is showing uptrend. Currently there are only 2 peaks of the flag for the long-term and 1 peak left to go. So there is still strong fuel of trend in the long-term.

USD-CAD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Up	Up
Full Stochastic	Up	Up	Up	Down
Bollinger Bands	Top	Top	Top	Top
Chart Formation	Rally Uptrend	Rally Uptrend	Double Bottom	Double Bottom
Market Direction	Up	Up	Up	Up
Market Comments	All short-term showing uptrend and the Bollinger Band is also squeezing. This may indicate major long-term uptrend in the near future.

Daily Technical Analysis - 17 May 2012

2012-05-17T23:19:00.001+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 17 May 2012

Time: 11:19 PM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Down
Full Stochastic	Up	Down	Down	Down
Bollinger Bands	Bottom	Bottom	Bottom	Bottom
Chart Formation	Gradual downtrend	Head/Shoulder	Head/Shoulder	Flag Downtrend
Market Direction	Up	Down	Down	Down
Market Comments	Short Term and Long-term downtrend

GBP-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Up	Up
Full Stochastic	Down	Down	Down	Up
Bollinger Bands	Bottom	Bottom	Middle	Middle
Chart Formation	Head/Shoulder	Flag Uptrend	Sideway Trending	Head/Shoulder
Market Direction	Down	Down	Neutral	Sideway Up
Market Comments	The trend is moving sideway but the major breakout waiting for downtrend

GBP-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Up	Up
Full Stochastic	Down	Down	Down	Up
Bollinger Bands	Bottom	Bottom	Middle	Middle
Chart Formation	Gradual Downtrend	Double Top	Sideway downtrend	Gradual downtrend
Market Direction	Down	Down	Neutral	Up
Market Comments	Gradual sideway downtrend waiting for the long-term major breakout uptrend

EUR-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Down	Up
Full Stochastic	Down	Down	Down	Up
Bollinger Bands	Bottom	Bottom	Middle	Bottom
Chart Formation	Rally downtrend	Head/Shoulder	Sideway downtrend	Double Bottom
Market Direction	Down	Down	Down	Down
Market Comments	Market is gradually going down and waiting for the major breakout in long-term

AUD-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Down
Full Stochastic	Up	Down	Down	Down
Bollinger Bands	Middle	Bottom	Bottom	Middle
Chart Formation	Gradual downtrend	Head/Shoulder	Double Top	Flag Uptrend
Market Direction	Up	Down	Down	Down
Market Comments	This is tricky - indicators shows downtrend but the true movement is uptrend

USD-CAD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Up	Up	Up
Full Stochastic	Up	Up	Up	Down
Bollinger Bands	Top	Top	Top	Middle
Chart Formation	Rally Uptrend	Unknown	Unknown	Double Bottom
Market Direction	Up	Up	Up	Neutral
Market Comments	At the bottom of downtrend and there is strong possibility of uptrend in long term

Daily Technical Analysis - 15 May 2012

2012-05-15T09:25:00.000+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 15 May 2012

Time: 9:12 AM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Up	Down
Full Stochastic	Down	Down	Down	Down
Bollinger Bands	Bottom	Bottom	Bottom	Bottom
Chart Formation	Rally downward	Flag Downward	Head/Shoulder	Flag Downward
Market Direction	Down	Down	Down	Down
Market Comments	Short-Term Down \| Long-term Down

GBP-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Up	Up
Full Stochastic	Down	Down	Up	Up
Bollinger Bands	Middle	Middle	Top	Middle
Chart Formation	Flag Downward	Flag Upward	Flag Upward	Head/Shoulder
Market Direction	Down	Down	Up	Up
Market Comments	Short-Term Down \| Long-Term Gradual and Up

GBP-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Up	Up
Full Stochastic	Up	Up	Down	Up
Bollinger Bands	Middle	Bottom	Middle	Middle
Chart Formation	Flag Downward	Flag Downward	Sideway Trending	Sideway Trend
Market Direction	Down	Down	Up	Up
Market Comments	Short-Term Up \| Long-term downward and sideway trending

EUR-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Down	Up
Full Stochastic	Down	Down	Down	Up
Bollinger Bands	Bottom	Bottom	Middle	Bottom
Chart Formation	Rally Downward	Head/Shoulder	Sideway Downward Trend	Head/Shoulder
Market Direction	Down	Down	Down	Down
Market Comments	Short-term and Long-term gradual sideway downtrend

AUD-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Down	Down	Down
Full Stochastic	Down	Down	Down	Down
Bollinger Bands	Bottom	Bottom	Bottom	Middle
Chart Formation	Rally Downward	Head/Shoulder	Double Top	Upward Trend
Market Direction	Down	Down	Down	Down
Market Comments	Short and Intermediate term down \| Long-term upward trending

USD-CAD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Up	Down	Up
Full Stochastic	Down	Up	Up	Down
Bollinger Bands	Top	Top	Middle	Middle
Chart Formation	Rally Upward	Sideway trend	Sideway Trend	Double Bottom
Market Direction	Up	Up	Neutral	Neutral
Market Comments	Short-term Upward movement \| Long-term neutral and possibly breakout up

Daily Technical Analysis - 10 May 2012

2012-05-10T22:33:00.000+08:00

MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9

Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Period Full =7

Bollinger Bands Settings:- Average = 20 | Standard Deviation = 2

Date: 10 May 2012

Time: 10:05 PM (+8 GMT)

EUR-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Up	Down
Full Stochastic	Up	Down	Down	Up
Bollinger Bands	Middle	Bottom	Middle	Bottom
Chart Formation	Head/Shoulder	Downward Wedges	Head/Shoulder	Downward Wedges
Market Direction	Up	Down	Neutral	Down
Market Comments	Short term Up and Sideway \| Longterm Down Trend

GBP-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Up	Up
Full Stochastic	Up	Down	Up	Up
Bollinger Bands	Top	Middle	Top	Middle
Chart Formation	Gradual Sideway	Gradual Upward Trend	Sideway Trend	Head/Shoulder
Market Direction	Up	Down	Up	Up
Market Comments	Short term Upward and Sideway \| Long-term Up and Sideway

GBP-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Up	Up
Full Stochastic	Up	Down	Down	Up
Bollinger Bands	Top	Middle	Top	Middle
Chart Formation	Head/Shoulder	M Shape	Side Way Trend	Side Way Trending
Market Direction	Up	Down	Neutral	Up
Market Comments	Overall sideways trending

EUR-JPY
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Up	Up
Full Stochastic	Up	Down	Down	Up
Bollinger Bands	Middle	Bottom	Middle	Bottom
Chart Formation	Sideway	Sideway Downward Trend	Sideway Trend	Sideway Trend
Market Direction	Up	Down	Neutral	Up
Market Comments	Overall sideways trending

AUD-USD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Up	Down	Down	Down
Full Stochastic	Up	Down	Down	Down
Bollinger Bands	Middle	Bottom	Bottom	Middle
Chart Formation	Gradual Downward	Gradual Downward	Sideways Trend	Gradual Uptrend
Market Direction	Up	Down	Down	Down
Market Comments	Overall Downward movement but Upward Trending

USD-CAD
Technical Indicators	4 Hourly	Daily	Weekly	Monthly
MACD	Down	Up	Down	Up
Full Stochastic	Down	Up	Up	Down
Bollinger Bands	Middle	Top	Bottom	Middle
Chart Formation	Upward Trend	Sideway Trending	Sideway Trend	Sideway Trending
Market Direction	Down	Up	Sideways	Sideway
Market Comments	Head and Shoulder but in the longer term it is still sideway trending

EUR-USD Technical Analysis 21 February 2012

2012-02-21T21:05:00.001+08:00

There is a sign that EUR-USD might want to break the 1.3311 level as Stochastic and MACD on the weekly time frame are both moving upwards direction. However traders are very cautious on the consequences as the long-term bearish trend is still fresh and strong. So the ideal intermediate direction should be moving side ways. The range of trades is expected to fluctuate within 1.3294 and 1.3051. We will wait and see if there is the unexpected happens.

EUR-USD Technical Analysis 13 February 2012

2012-02-13T16:00:00.000+08:00

Never say never, indeed the EUR-USD is closed to reach the 1.3320 level as discussed in the previous "EUR-USD Technical Analysis". Based on the historical level, this could be the strongest support level for correction. Anything beyond that should be temporary. However that does not meant the price will be starting to go down very soon, based on the MACD and Stochastic indicators there is already sign of flags formations upward for this weeks and the coming week. Otherwise if the unexpected happens it could break higher.

EUR-USD Technical Analysis, 2 February 2012

2012-02-02T13:33:00.001+08:00

As discussed on the last post EUR-USD Technical Analysis 21 Jan 2012, the fiber should be bullish (intermediate) for the entire remaining week of January. Despite of showing weaknesses after reaching resistant 1.3228 level there is still possibility it could go higher to 1.3332 level. However that would be depending on huge luck if anyone dare to enter buy position at this point :). The long-term bearish trend is still long way to go and the fuel to burn is still a lot more. Based on the chart we can foresee that it will be going down for many months to come. We wait and see.

USD-JPY Technical Analysis 24 January 2012

2012-01-24T09:10:00.000+08:00

The USD-JPY is hitting the rock bottom, currently position at the new low 76.911 still there is no sign of reversal or correction. However the candlestick chart is already showing sign of weakness to move further downwards. At this point i believe there will be no more major bearish breakout as the traders fear the unexpected. Even if there is major breakout it should be fake :).

EUR-USD Technical Analysis 21 January 2012

2012-01-21T11:27:00.000+08:00

The bearish trend is currently taking a short weekly break as it already reaches the intermediate resistance level at 1.3863. An ideal correction point should lies at the previous historical level 1.3314 before continue to ride further downwards. The prospective of next week trade should be focusing on bullish intermediate. We will wait and see what happens next.