Hi Traders
How things going with you this week...have you positive trading trend ...
The Japanese Yen (JPY)- tracked other majors as Japanese markets remained closed for the day. Upon positive readings in US ISM services the USDJPY came within a two month high of 105.62 and a low of 104.74 before closing the day at 104.79 in the New York session. Japanese markets will remain closed on Tuesday.
USD/JPY-There is a very accurate narrowing bullish channel on the daily chart, as the pair now floats near the bottom barrier of it. The Slow Stochastic is indicating that the chances of a bearish breach are quite slim and that the bullish momentum still has steam in it. A failed bearish breach through the 104.00 level will probably unleash a fresh bullish move.
NEWS: Develop some simple rules to allow yourself to trade within a solid framework. A few basic rules can give you an edge, keep you out of trouble, and allow you to capture winning trades.... click here for details...
Regards
Forex.DelijaWorld.com
Showing posts with label Forex Analyses. Show all posts
Showing posts with label Forex Analyses. Show all posts
Tuesday, May 6, 2008
Friday, February 8, 2008
More Then you Expect on Forex Market...
Hi Traders
The truth is that becoming successful at Forex is a long and rocky journey, and you need proper trading education if you want to trade full time for a living...learn more
The Australian Dollar (AUD)- was choppy on the back of other majors, as growing concerns of tighter global conditions, and dovish moves/comments from other central banks. However with equity prices in the black, the AUD found support once again on a return to high yielder. Overall the AUDUSD traded with a low of 0.8871 and a high of 0.8976 before closing the day at 0.8944 in the New York session
USD/CHF-We are at the beginning of an upward channel on the 4 H chart. RSI and momentum are positively sloped indicating further potential bullish movement. However the stochastic slow is crossing at the 70 mark indicating that this pair may have slightly slipped into overbought territory. Target price today will be the 1.1100 level...
P.s.Good luck if you betting
Forex.DelijaWorld.com
The truth is that becoming successful at Forex is a long and rocky journey, and you need proper trading education if you want to trade full time for a living...learn more
The Australian Dollar (AUD)- was choppy on the back of other majors, as growing concerns of tighter global conditions, and dovish moves/comments from other central banks. However with equity prices in the black, the AUD found support once again on a return to high yielder. Overall the AUDUSD traded with a low of 0.8871 and a high of 0.8976 before closing the day at 0.8944 in the New York session
USD/CHF-We are at the beginning of an upward channel on the 4 H chart. RSI and momentum are positively sloped indicating further potential bullish movement. However the stochastic slow is crossing at the 70 mark indicating that this pair may have slightly slipped into overbought territory. Target price today will be the 1.1100 level...
P.s.Good luck if you betting
Forex.DelijaWorld.com
Monday, February 4, 2008
Today's Forex News
Hi Traders
What's happen with your trading strategy, if you have time look at Forex Supreme and you'll catch new trading idea...
The Euro (EUR)- surged on the back of the poor jobs data out of the US on Friday, testing a record high, before any further gains were limited on profit taking. Furthermore, the EURO failed to sustain it gains as rallying US stocks, revived the greenback...
GBP/USD-The 4 Hour Slow Stochastic crossed at 8 implying an upcoming bullish trend with an initial target price of 1.9801. Although the daily momentum is bullish, the hourly momentum is starting to form. Forex traders should wait for Momentum and RSI to have a positive slope before initiating any action and going long...
P.s. Good luck to all Today
Forex.DelijaWorld.com
What's happen with your trading strategy, if you have time look at Forex Supreme and you'll catch new trading idea...
The Euro (EUR)- surged on the back of the poor jobs data out of the US on Friday, testing a record high, before any further gains were limited on profit taking. Furthermore, the EURO failed to sustain it gains as rallying US stocks, revived the greenback...
GBP/USD-The 4 Hour Slow Stochastic crossed at 8 implying an upcoming bullish trend with an initial target price of 1.9801. Although the daily momentum is bullish, the hourly momentum is starting to form. Forex traders should wait for Momentum and RSI to have a positive slope before initiating any action and going long...
P.s. Good luck to all Today
Forex.DelijaWorld.com
Monday, January 14, 2008
2007 in Review
Hi Traders
What's reasult have beeb in previous years of your Trading...
The year 2007 was a wild year for Forex trading. In 2007 we saw the US Dollar fall from the sky against almost every major world currency including the Euro, British Pound, Swiss Franc, and Canadian Dollar just to name a few. In turn, all of these other world currencies hit record highs. Trading the Forex market was pretty much the norm until the second week of August when the “Credit Crisis” hit sending the fear to Wall Street that the financial sector was on the brink of complete disaster due to the rising interest rates and massive defaults on mortgage loans. Things did stabilize, but the fear of another crash still lurks in the air. All-in-all it was a great year of volatility and there were plenty of opportunities to make money.
Until August 2007 forecasts were quite easy to make with nothing really on the books to bring interest to the US Dollar. In January 2007, we predicted the highs in both the Euro and British Pound calling 2007 “The Year of the Pound”. The run on the Canadian Dollar was quite a surprise, yet could be expected when you reach $100 a barrel in oil as the Canadian currency seems to trend with oil prices. After August the systematic trader seemed to struggle just a bit with up and down moves on the smallest of news. We heard of other traders busting their accounts due to bad money management during the Credit Crisis fall. Our On Target System did struggle into the end of the year as well, as markets trends switch direction on every wind of news. The Premier system also saw several drawdown periods, yet the Premier system was able to weather the storms quite well and we saw several double digit return months in this trading strategies short history. But enough about the past, let’s explore what the future has to offer.
Regards
Forex.DelijaWorld
What's reasult have beeb in previous years of your Trading...
The year 2007 was a wild year for Forex trading. In 2007 we saw the US Dollar fall from the sky against almost every major world currency including the Euro, British Pound, Swiss Franc, and Canadian Dollar just to name a few. In turn, all of these other world currencies hit record highs. Trading the Forex market was pretty much the norm until the second week of August when the “Credit Crisis” hit sending the fear to Wall Street that the financial sector was on the brink of complete disaster due to the rising interest rates and massive defaults on mortgage loans. Things did stabilize, but the fear of another crash still lurks in the air. All-in-all it was a great year of volatility and there were plenty of opportunities to make money.
Until August 2007 forecasts were quite easy to make with nothing really on the books to bring interest to the US Dollar. In January 2007, we predicted the highs in both the Euro and British Pound calling 2007 “The Year of the Pound”. The run on the Canadian Dollar was quite a surprise, yet could be expected when you reach $100 a barrel in oil as the Canadian currency seems to trend with oil prices. After August the systematic trader seemed to struggle just a bit with up and down moves on the smallest of news. We heard of other traders busting their accounts due to bad money management during the Credit Crisis fall. Our On Target System did struggle into the end of the year as well, as markets trends switch direction on every wind of news. The Premier system also saw several drawdown periods, yet the Premier system was able to weather the storms quite well and we saw several double digit return months in this trading strategies short history. But enough about the past, let’s explore what the future has to offer.
Regards
Forex.DelijaWorld
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