Saturday, March 20, 2010
USDJPY - MARKET THOUGHT 20032010
This cross can be a good surprise this year, but until now nothing new. Last update here http://bit.ly/bGQ2vR . Bulls buy around 88.50 and bears sell around 91.
Market hold last weeks important support 88.56. Bulls need to break some important resistance to reversal this cross medium and long-term again.
Remember trend have 3 years and last Cross EMA`s was bearish around 117.
Resistances: 90.64, 92 and 93.80.
Weekly close below 88.56 open the door to revisited lows again around 84.
Short-term have present two numbers 89.60. Bullish short-term above this number – close below 89.60 daily expect again 88.56. Breakout 92
can put this cross on fire to attack big resistance 93.80.
Good Luck. Click to zoom in.
GBPJPY - MARKET THOUGHT 20032010
Test last week important resistance [139.00,139.687] reaction was bad last two session of the week.
Below 139.68 (daily chart) expect new lows of the year target à [127.63,128.04]
Only with a daily close above 139.687 can expect test 142.77.
Click to zoom in. Good Luck...
Friday, March 19, 2010
EURUSD - Market Thought 19032010
Nothing new last session below 1.4050 weekly chart or 1.3838 Daily chart trend bearish all time frames
Expect new lows comings session and we have a target between 1.3030 possible extension to 1.2890.
Very short-term (hourly chart) follow trend (red trend/click to zoom in) and resistances 1.3597 and 1.3648. Good Luck
HOURLY
DAILY
WEEKLY
USDCAD Market Thought 19032010
Disappointing numbers again today:
Core CPI increased by 0.7% compared with median estimates of 0.3% and the prior reported estimate of 0.1%, while compared with a year earlier, core CPI increased by 2.1% following the prior reported rise of 2.0% and compared with median estimates of 1.7%. Next support 0.9994, 0.9924 and major support weekly chart 0.98.
Technical analysis
Nothing new last sessions. Last update here http://bit.ly/b2jeld Trend bearish all time frames. Resistances: 1.0220, 1.0340 and 1.0390. Close last week below 1.0220 expect 0.9994 possible extension 0.98 ( support weekly chart). Chart here http://tweetphoto.com/14949100 Good luck
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