Trade Plan of the Day: Euro
Oct 3, 2009 Forex
The euro (Eur/Usd 1.4580) spent most of the U.S. session trading in a range between the S1 pivot point at 1.4485 and the neutral pivot point at 1.4577. After the release of the non-farm payroll rep...Tags: Eur Usd, Euro, Payroll Report, Pivot Point, R1, Resistance
Euro Breaks Below Short-Term Channel Support; Eyes 1.4400
Oct 1, 2009 Markets
The EURUSD has broken below a short term channel. The trend is down as long as price is below 1.4680 and a short term target is 1.4410 (former resistance).
Euro / US Dollar
I wro...
Tags: 4400, British Pound, Channel 1, Euro Dollar, Eurusd, Resistance, Term Objective, Term Target, Trend
Singapore Stock Market Updates: STI Down Sharply In Response To Heavy Losses On Wall Street
Oct 1, 2009 Markets
Morning Highlights There is NO SECTOR IN FOCUS for today DJIA shed 55.85 points (0.58%) in opening trades to 9656.43, and ended trading off more than 200 points (with 266 billion traded) in bi...
Tags: Djia, Economy, Focus, Heavy Losses, Moving Averages, Resistance, Signs, Singapore Market, Singapore Stock Market, Sti, Stock Market Updates, Stock Updates, Trades, Wall Street
AUD/USD Trading Weaker
Oct 1, 2009 Markets
Showing little to no reaction in response to a lower year over year inflation figure, to which the AUD usually responds, particularly being a commodity driven economy, (theoretically it should...
Tags: Commodity, Driven Economy, Inflation Figure, Last Spring, Payroll, Resistance, Retracement, Term Perspective
AUD/USD Under Pressure
Oct 1, 2009 Markets
The AUDUSD has come under pressure with some interbank selling leading the way. The price is now back below the old ceiling at the 0.8788 level and will now use that level as topside resistan...
Tags: Audusd, Downside, Leading The Way, Resistance
GBP/USD Touches 1.6100
Sep 30, 2009 Markets
Upon establishing itself above 1.6033 (38.2 Fibo) Gbp/Usd strenghtened as cited earlier and traded up to 1.6100. If the pair is unable to remain above 1.6100 look for a pull back to the 1.6060...
Tags: Fibo, Resistance, Uptrend
Financial ETF (XLF) Sees Sizeable Bull Call Spread
Sep 29, 2009 Markets
Financial Select Sector SPDR (XLF) - A large bullish trade just went across the tape on the Amex in the financial sector ETF in which a 50,000 lot call spread traded in the XLF at a 27 cent pr...
Tags: Amex, Bullish Trade, Etf, Financial Sector, Financial Select Sector Spdr, Investor, Lot, Resistance, Select Sector Spdr, Share Price, Three Months, Xlf
Chart of the Day - 9/29/2009 AUD/USD
Sep 29, 2009 Forex
After hitting a 13-month high close to the 0.8800 resistance last week, price action on AUD/USD, a daily chart of which is shown, has consolidated horizontally just above a key uptrend support line...Tags: Aud Usd, Currency, Lows, Price Action, Resistance, Uptrend
USD/JPY Tests Resistance At 90.35 And Backs Off
Sep 29, 2009 Markets
The USDJPY moved up on the back of flight into the dollar and the price tested the 100 hour MA at the 98.35 level. Also at the level is the 50% retracement of the move down from the Septembe...
Tags: Dollar, Downside, Resistance, Retracement, Usdjpy
EUR/CAD - Pure Technical Analysis
Sep 29, 2009 Markets
I had no further comments on my core markets this AM since my posting last night. Instead, I looked to see what trading opportunities there are elsewhere.
I slapped my technical indicat...
Tags: Bollinger Bands, Cad, Candle Chart, Core Markets, Currency Pairs, Hour Candle, Resistance, Technical Indicators, Upward Trend
