EUR/USD Current spot rate: 1.1778, Pivot: 1.1782 Today trading range: 1.1640 - 1.1900 Resistance: 1.1805 , 1.1840 , 1.1900 Support: 1.1740 , 1.1705 , 1.1640 Advice: A lot of data is scheduled for today, but the major one is ECB Rate Announcement at 13:45 CET. Market is already consumed 0.25p [full report]
JPY-120.40 2nd Dec,2005 Pre-Japanese Update. As expected Yen rallied higher to test 120.40 and higher, But we missed the rally by few pips. However for now another attempt for a fresh high should sharply fall towards 119.80. So prefer selling on raise near 120.80 for the above said target to [full report]
EUR/USD Current spot rate: 1.1777, Pivot: 1.1766 Today trading range: 1.1715 - 1.1800 Resistance: 1.1800 , 1.1820 , 1.1850 Support: 1.1755 , 1.1715 , 1.1680 Advice: No major events today, so range trade is possible. Trade in both directions prefering shorts (new test of 1.1800/20 resistance area today is good [full report]
CHF-1.3008 9th Dec,2005 Pre-European Update. No change in view. Swiss also has declined as expected but fell directly from 1.3080 while we were expecting 1.3100 to go short. However a break below 1.3000 came in little quicker than expected. For now the currency should stay below 1.3070 for one more [full report]
Daily Forex Signals - EUR/USD EUR/USD Current spot rate: 1.1824, Pivot: 1.1807 Today trading range: 1.1775 - 1.1850
Resistance: 1.1850 , 1.1900 , 1.200 Support: 1.1805 , 1.1775 , 1.1750
Advice: The major data for this week is scheduled for tommorow and that's why we expect tight range trade today. [full report]
This rally of other majors against the USD has still some meat left. and seeing the barrage of data and the most important FOMC statement, the market is definitely nervous. Expect a lot of volatility in mid London late US sessin.Recommendation:For today, LONG EURO/USD at 1.1920/10 SL 1.1760 and Target [full report]
Our trades are progressing well and we booked a healthy profit of 160 pips in short USD/JPY pair. Our other trades are also in profit with SL moved to secure minor profits. Recommendation: For today, SELL USD/JPY at 119.30/35 SL 119.75 and Target 118.15 ( Risk: Reward 1:3) Happy Trading,Rupam. [full report]
EUR/USD Current spot rate: 1.2020, Pivot: 1.1946 Today trading range: 1.2000 - 1.2100 Resistance: 1.2045 , 1.2100 , 1.2150 Support: 1.2000 , 1.1945 , 1.1900 Advice: For today is scheduled US October Trade Balance at 14:30 CET. The things doesn't look good for the USD at short term look. It's [full report]
All our trades were closed yesterday and we booked a handsome profit of 480 pips trading 5 pairs. Now we are looking to short US dollar after retracement for the supposedly last leg up. Recommendation: For today, BUY EURO/USD at 1.1930/20 SL 1.1870 and Target 1.2130 ( Risk: Reward 1:4) [full report]
The corrective rally of US dollar strength seems to be finishing now. we are looking to short dollar in different pairs but for yen. Recommendation: For today, SELL USD/CHF at 1.2930/35 SL 1.2990 and Target 1.2695 ( Risk: Reward 1:5) Happy Trading Rupam [full report]
EUR/USD Current spot rate: 1.1988, Pivot: 1.1998 Today trading range: 1.1900 - 1.2050 Resistance: 1.2010 , 1.2050 , 1.2100 Support: 1.1950 , 1.1900 , 1.1850 Advice: A lot of data today starting with US November CPI, Core CPI, Initial claims at 14:30 CET and finishing with Dec Philadelphia Fed at [full report]
EUR-1.2020 19th Dec,2005 Pre-Japanese Update. Euro is holding above 1.2000, now trying to break above 1.2050. For now any dips near 1.1980 is a preferred buying levels for the currency to rally towards 1.2110/20. So prefer buying on such dips for the above said target to be reached. Also note [full report]
Daily Forex Signals - EUR/USD EUR/USD Current spot rate: 1.2025, Pivot: 1.1992 Today trading range: 1.1950 - 1.2060
Resistance: 1.2060 , 1.2100 , 1.2150 Support: 1.1985 , 1.1950 , 1.1900
Advice: There is no important data today, so we expect market to be driven by the technicals. In that point [full report]
USDJPY is still be favor. Its actual bottom is about 112.50-113.60 barrier.
Currency Pairs with Dollar usdjpy sell target 114.45, 113.66 entry 115.70 stop 116.95 *********** [full report]
Daily Forex Signals - EUR/USD EUR/USD Current spot rate: 1.1987, Pivot: 1.2007 Today trading range: 1.1935 - 1.2050
Resistance: 1.2015 , 1.2050 , 1.2100 Support: 1.1970 , 1.1935 , 1.1900
Advice: For today there is US November PPI and Core PPI at 14:30 CET. This could bring some fresh wind [full report]
This thin volume usual December holiday trading is typical of volatlie moves within a larger range and same thing is happenning these days also. Things are becoming stretched too far. We are looking to short Dollar except yen. Recommendation: For today, we are LONG USD/JPY from 116.80 with SL now [full report]
Yesterday we initiated a buy USD/JPY at 116.80. We closed that at 117.20at 3.00 PM EST for 40 pips profit. For today, we are SHORT USD/JPY from 117.55 with SL at 117.80 and Target 116.55. ( Risk: Reward 1:4) Happy trading, Rupam [full report]
Daily Forex Signals - EUR/USD
EUR/USD Current spot rate: 1.1825, Pivot: 1.1849 Today trading range: 1.1775 - 1.1900 Resistance: 1.1865 , 1.1900 , 1.1935 Support: 1.1775 , 1.1700 , 1.1650 Advice: There is a lot of data scheduled for today - Nov Personal Income/Consumption, Weekly Jobless Claims at 14:30 CET, November [full report]
Our JPY trade yesterday hit the target and we booked a handsome profit of 100 pips with a total of 238 pips trading 5 pairs. Recommendation: For today, we are SHORT EURO/USD from 1.1900 with SL at 1.1945 and Target 1.1765 ( Risk: Reward 1:3)
Happy Trading.Rupam [full report]
JPY-116.51 23rd Dec,2005 Pre-Japanese Update. As expected Yen failed near 117.50 and decline towards 116.50 levels. We booked a profit of 80 pips for our 117.40 sell position at 116.60. For now we would still expect the currency to hold below 117.00 level for on more decline towards 116.00. So [full report]
Due to holiday market is expected to move on low volume and big swings can occur within a larger range. Better to stand aside or trade small amount, if you have to Recommendation: For today, Try LONG GBP/USD from 1.7310 SL 1.7270 and Target 1.7510 ( Risk: Reward 1:5) To [full report]
EUR/USD Current spot rate: 1.1909, Pivot: 1.1844 Today trading range: 1.1835 - 1.2000
Resistance: 1.1940 , 1.2000 , 1.2040 Support: 1.1875 , 1.1835 , 1.1800
Advice: Consolidation till the end of the year is most possible scenario. The trade now is near the important resistance of 1.1940. Sell here with [full report]
Due to holiday market is expected to move on low volume and big swings can occur within a larger range. The dollar correction is nearing its end and soon we should witness dollar rally coming back to market. Recommendation: For today, Try SHORT EURO/USD from 1.1940 SL 1.1980 and Target [full report]
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