| Currency Majors Technical Perspective
April 1, 2009 at 9:40 am
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| | EUR/USD Current price: 1.3270 The pair remains slightly pushing to the upside, despite indicators are a bit exhausted. Volume is good pre American opening, but no good momentum seen in the hourly. Capped in range between 1.3160/1.3330, seems unlikely the pair leave it today. 20 SMA remains under actual price quite flat to gave clear signs, while 200 EMA still keeps the bearish inclination. Support levels: 1.3266 1.3210 1.3186 Resistance levels: 1.3298 1.3330 1.3380 GBP/USD Current price: 
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| Currency Majors Technical Analysis
April 1, 2009 at 9:33 am
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| | American Session EUR/USD - Euro Dollar 1,3266. EUR USD is in a consolidation after the last bearish movement. EUR USD is in a range between 1,3120 and 1,3340. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The consolidation should continue. The price should continue to move in Bollinger bands. Resistances 1,3340 - 1,3430 Supports 1,3170 - 1,3120 GBP/USD - British Pound Dollar 1,4378. GBP USD moves without trend and swings around exponential moving averages (EMA 50 
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| EUR/USD
April 1, 2009 at 9:32 am
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| | As you know I think that the rise of the euro started from 1.2457 (3 March) finished with a bearish triangle as is shown on the chart. So in my opinion the fall should reach at least 1.2884 (61.8 % retracement of the rise started from the beginning of Mach). The first phase of this fall finished at 1.3113 and a correction started from there. It has a potential to reach one more yesterday's high 1.3341. However I expect later beginning a new fall with minimum target the indicated 1.2884. A key 
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| Comprehensive FX and Futures Daily Research
April 1, 2009 at 8:47 am
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| | EUR/USD The EUR/USD is picking itself up after yesterday's losses, preventing a close on the 4-hour below 3/30 lows. Strength in the EUR/USD comes despite a higher than expected Unemployment Rate for the EU region. We notice a tight positive correlation between the EUR/USD and the S&P futures as we've seen throughout the economic crisis. Investors expect a recovery in the EU region to follow stabilization in America's economy, improving the outlook for German and French manufacturing. 
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| FX Thoughts for the Day
April 1, 2009 at 7:44 am
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| | USD-CHF @ 1.1393/97...Range 1.1360-1.1550 for day --------------------------------------------- R: 1.1448 / 1.1513 / 1.1591 S: 1.1350-45 / 1.1303 There's not much of a difference in the view that we held in the morning about Swiss. We continue to feel that the range of 1.1360-1.1550 looks good. But if ISM Manufacturing Data were to throw up some surprises and if this range were to break, we could be looking for 1.1170 on the downside and 1.1591 on the top and in all likelihood, the range of 
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| Currency Majors Technical Perspective
April 1, 2009 at 7:17 am
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| | EUR/USD Current price: 1.3196 Price Behavior continues with Corrective Sentiment from the 1.3345 Dynamic Resistance Area with the 20SMA/Resistance Level Confluence @ 1.3260 keeping the Topside Levels capped in the Immediate-Term. RSI confirms a Mean Range of 1.3120-1.3345 in the Near-Term as Continuation, and Fractal Hourly Momentum with Candle Formations also support Downside Views with 1.3176 followed by Static Support @ 1.3153. Violation of Dynamic 1.3289 followed by Static 1.3322 will keep 
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| Currency Technical Report
April 1, 2009 at 6:11 am
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| | EUR/USD Resistance: 1,3220/ 1,3250/ 1,3285-90/ 1,3310-15/ 1,3350/ 1,3420/ 1,3470/ 1,3520 Support : 1,3170/ 1,3150/ 1,3120/ 1,3100/ 1,3080/ 1,3045/ 1,3000 Comment: The upward reaction that followed Friday's decline led to our first targets at 1,3350, where bears gained momentum. Technically, the short term trend is bearish and it will be reversed only after yesterday's tops are breached without a move below 1,3115-20 lows. First intraday support emerges at 1,3150-60, followed by 1,3115-20 lows. 
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| Technical Levels in the EUR, GBP and JPY
April 1, 2009 at 5:19 am
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| | The EUR has given back some 230+ pips it had gained against the USD since midday yesterday. After reaching a high of 1.3343 the pair is currently trading around 1.3230, down about 113 pips. These moves have really run contrary to the fundamentals in this pair. Overnight, as the EUR was gaining strength, the German Unemployment Change came in worse than expected at 69K and the Euro CPI Flash Estimate came in at half the previous reading at 0.6%. Neither of these reports are typically major 
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| Today's Trading Signals
April 1, 2009 at 4:47 am
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| | The trading strategies are based exclusively on technical analysis and are short term with a maximum time horizon of 3 to 5 days. The philosophy behind the TTS is to take low risk, high return positions with tight stops. That means Fiancial Trend Analysis (FTA) focus the most on placing the right stops. Every morning FTA reviews the market and the specific strategy, recalculates the risk/reward and then determines the strategy regardless of previous strategy in the specific security. FTA can 
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| EUR/USD
April 1, 2009 at 4:47 am
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| | EURUSD has a support line at 1.3109 as a bears target. Bouncing back up from that line could lead to another positive trend. But below that bears will take complete control of the situation. Selling is still an option for the trade, while small resistance line at 1.3365 is in place. 
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| The JPY rose near to a two-week high against the EUR
April 1, 2009 at 4:21 am
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| | Good morning from wonderful Hamburg. In Germany it's traditionally April fool on April 1st, but we will abdicate on this. Notwithstanding, it would be fine if some of the latest bad news were only a hoax. However, we wish you a successful trading day. Market review The JPY strengthened versus a basket of major currencies after the Bank of Japan published a report that showed the confidence among the biggest manufacturers fell to -58 in March from -24 in December. This is a sign that the 
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| Indonesia February Wholesale Price Inflation 1.94% on Month
April 1, 2009 at 4:16 am
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| | EUR The opened and earlier preserved short positions had a positive result minimal assumed target overlap. OsMA trend indicator, having marked weakness of bearish party activity does not give definiteness in the choice of planning priorities for today. Hence and considering sign of bearish cycle incompleteness as well as assumptions about possible range rate movement we assume the possibility of pair return to close 1.3220/40 resistance levels, where it is recommended to evaluate activity 
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| EUR/USD: (1.3206) Double Top off 1.3416 (see graph)
April 1, 2009 at 2:36 am
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| | Drop from 1.3739 highlighting Double Top off 1.3416 and currently back below the daily Downtrendline off high (1.3356 today). Support area at 1.3174 (today's low?), with next levels at 1.3151 (daily Bollinger midline), ahead of 1.3132/ .3113 (daily projection band bottom/ current week low), where pause favored. Failure to hold would see risk towards 1.3098/ .3093 (50% 1.2457 to 1.3739/ weekly envelope bottom + 2nd target off 1.3416) and 1.3080 (daily envelope bottom): tough on 1st attempts. 
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| Currency Majors Technical Analysis
April 1, 2009 at 2:14 am
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| | European Session EUR/USD - Euro Dollar 1,3190. EUR USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. Resistances 1,3260 - 1,3340 Supports 1,3120 - 1,3030 GBP/USD - British Pound Dollar 1,4284. GBP USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. Oscillators are 
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| USDCAD remains in short term uptrend
March 31, 2009 at 10:28 pm
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| | USDCAD remains in short term uptrend. Further rise to 1.2800 is still possible in a couple of days. Key support is now at 1.2501, as long as this level holds, we'd expect uptrend to continue. However, below this level will indicate that the rise from 1.2191 has completed, and the following pullback could take price back to retest 1.2191 previous low support. 
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| Currency Majors Technical Perspective
March 31, 2009 at 9:47 pm
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| | EUR/USD Current price: 1.3215 The pair is quickly running to the downside, and ready to break under 1.3200. Volume is high, and bearish trend is gaining strength supported by selling momentum. Indicators suggest further losses for the next hours. 200 EMA remains flat yet slightly bearish, well above actual price. Support levels: 1.3190 1.3165 1.3110 Resistance levels: 1.3267 1.3298 1.3240 GBP/USD Current price: 1.4306 The pair continues consolidating but risk aversion trigger bearish 
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| Chart of the Day – EUR/GBP
March 31, 2009 at 11:54 am
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| | (Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; horizontal support/resistance levels in yellow; uptrend lines in green; downtrend lines in red; chart patterns in white; 50-period simple moving average in light blue.) 3/31/2009 – EUR/GBP – Price action on EUR/GBP, a daily chart of which is shown, has formed yet another triangle consolidation pattern. This currency pair has recently been relatively reliable with regard to forming and breaking 
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| Currency Majors Technical Perspective
March 31, 2009 at 10:00 am
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| | EUR/USD Current price: 1.3310 The pair has turned bullish after yesterday's rebound around 200 EMA in 4 hours charts. Pre America opening the pair is consolidating in a small flag between 1.3300/1.3340, just under the 200 EMA in the hourly chart. Indicators are exhausted to the upside, so watch for a break under the mentioned level, more likely. A continuation above 1.3350, will suggest further upside strength for the next hours. Support levels: 1.3295 1.3240 1.3200 Resistance levels: 1.3350 
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