Monday, October 30, 2006

Forex view...

Hello Traders,

EUR – USD – strong rally above 1,27 on Friday, should see resistance near 1,2770, support 1,2660, if we see 1,2765-70 first, try small short for pullback twds 1,2710 and then for 1,2660, on the other hand first move below 1,27 can be use for long….

Wait and watch…

GBP – USD – fighting with 1,9000-15 resistance now…

NOTE: if EUR-GBP support at 0,6685 holds we could see some profit taking from long GBP-USD

Wait and watch…

USD-JPY – 118 support was taken out, now we have some support near 117,30 below this level 116,70 then 116, resistance 117,70-118

NOTE: First Russia Central Bank, during Friday Swiss National Bank bought jpy, also tommorow BOJ rate decision

Strategy: buy JPY on a dip…

for more details send email to me...

Good Luck Good Trade
Piotr

p.s.
If You have to recive all details ( commentary, analysis, trading strategy, any alerts ) simple send email to me: piotr.wilczynski@finexo.de,
when You send e-mail to me it's mean You also agree to recive info about fx-brokers,
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Wednesday, October 25, 2006

FED - Rate Decision - Forex view....

Hello Traders,

Clear direction after FED ? We will see...

ahead FED:

for example:

Long USD-CHF 1,2640-45 sl below 1,2610 tp 1,2740-45

NOTE: Daily close below 1,26 , usd bulls could be in a trouble

for more details send email to me...

Good Luck Good Trade
Piotr

p.s.
If You have to recive all details ( commentary, analysis, trading strategy, any alerts ) simple send email to me: piotr.wilczynski@finexo.de,
when You send e-mail to me it's mean You also agree to recive info about fx-brokers,
and remember Your e-mail adress will stay only in my base. If You will have remove from my database simply sent blank email to me.


------------------------------------------------

DISCLAIMER
These views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsible for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
WARNING !!
Visitors should be aware that Foreign Exchange transactions and trading are or can be subject to laws, rules and regulations of the country in which the entity undertaking the transactions is situated. It is incumbent upon the Visitors to keep themselves informed and abreast of the Laws they are (or would be expected to be) subject to and governed by, and act in accordance thereto.

Tuesday, October 24, 2006

GBP-USD - Forex view...


Hello Traders,


GBP-USD

100 DMA - 1,8674

21 DMA - 1,8731

USD bulls have a big chances for SHS formation on a 4h and 1h chart, need to break and close below 100 DMA, which was tested today, after this test we saw strong bounce back above 1,8715,

but while prices are below 21 DMA, favor sell on a break todays low ( 1,8674 ) for minimum move 150 pips, sl above 1,8735...

Good Luck Good Trade
Piotr

p.s.
If You have to recive all details ( commentary, analysis, trading strategy, any alerts ) simple send email to me: piotr.wilczynski@finexo.de,
when You send e-mail to me it's mean You also agree to recive info about fx-brokers,
and remember Your e-mail adress will stay only in my base. If You will have remove from my database simply sent blank email to me.


------------------------------------------------

DISCLAIMER
These views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsible for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
WARNING !!
Visitors should be aware that Foreign Exchange transactions and trading are or can be subject to laws, rules and regulations of the country in which the entity undertaking the transactions is situated. It is incumbent upon the Visitors to keep themselves informed and abreast of the Laws they are (or would be expected to be) subject to and governed by, and act in accordance thereto.

Monday, October 23, 2006

Forex commentary


Hello Traders,

GBP-USD

Rsistance from 1,8835 to 70, first support near 1,88 was taken out, next near 1,8760 (bull - trendline ), below this level next support 1,8690-8700, look to sell on rally,

on Friday: first took smal long with +15 pips, ahead of end Fridays session also took short from 1,8830 took profit today early morning at 1,8776-80…



EUR-CHF

23.10.06
Took profit from short on Friday + 60 pips, look to re-open near 1,59 with tight sl tp 1,5850-65…




EUR-PLN

Holding short position…, No change in view at this moment

20.10.06

Tokk some profits here ( 300 pips  ), sl for rest on entry point, target 3,75-76, look to sell on rally also

23.10.06

Holding rest short position….

More details ? Send email to me...

Good Luck and Good Trade
Piotr

p.s.
If You have to recive all details ( commentary, analysis, trading strategy, any alerts ) simple send email to me: piotr.wilczynski@finexo.de,
when You send e-mail to me it's mean You also agree to recive info about fx-brokers,
and remember Your e-mail adress will stay only in my base. If You will have remove from my database simply sent blank email to me.


------------------------------------------------

DISCLAIMER
These views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsible for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
WARNING !!
Visitors should be aware that Foreign Exchange transactions and trading are or can be subject to laws, rules and regulations of the country in which the entity undertaking the transactions is situated. It is incumbent upon the Visitors to keep themselves informed and abreast of the Laws they are (or would be expected to be) subject to and governed by, and act in accordance thereto.

Thursday, October 19, 2006

Forex analysis...

Hello Traders


EUR-USD

Mixed us data, ECB could make a pause on December…, 1,2500 support was tested again but still holds, below we have 200 DMA, , but during late us session eur backed above 1,2530. Today rise past 1,2550 suggest that 1,2575-80 – strong resistance will be tested… important today Phily FED Index…

Holding short add at 1,2575-80 with open target sl above 1,2620, only daily close above this level could change my view…




USD-JPY

118,00-35 looks like good support, but we need rise past 119,15-20 for possible move towds 120 and higher...

No change in view, yesterday resistance was tested, failure break pushed apir lower and support was tested on early european session…

Try small long near 118,40-50 with sl below 118,25…



GBP-USD

I exited yesterday from long at cost…

Today, worst than expected uk data and fall after this suggest that 1,8730-75 level is a good resistance, support starts at 1,8645-60, then 1,8610… important should be todays us data, also range 1,8660-1,8730-75 possible…

I took short and waiting for us data with sl above 75….



EUR-JPY

Holding short, but bulls still try back above 149,15-20, next resistance 149,45-60, daily close above this level could be dangerous for our short, watching for now….



USD-CHF

After us data 1,2740 resistance was tested again, failure break pushed pair lower, today after better than expected chf data , important support is testing at 1,2640, if holds another test 1,2740 possible, range trading

Long near support with tp above 1,2700 and very tight sl



USD-CAD

Low 1,1341, missing trade oportunity , my order was at 1,1340, at this moment i take out this order , watching, if 1,1320-40 holds, still possible 1,1450-60, looking to buy on dips prefer….





AUD-CAD
You can take some profits here at 0,8580-85, re-enter new on dips below 0,8500
No change in view….



CAD-JPY

Waiting for break to the downside….or range trading buy low sell high ( 103,70-104,00 – 106,00 )

USD-PLN

Rest of long was stopped at cost…look to re-buy on dips, watch daily close….


EUR-PLN

Holding short position…, No change in view at this moment


EUR-HUF

No change in view…If You are short be ready to take some profits here 262,80-263,20, bulls could find support here as a lower band of bear channel…sl for rest on entry point…


USD-HUF

Long with tight sl was stopped out, short was opened after 212 was broken and was closed at 211,80 ( with small profit )… stand aside at this moment , watch todays close, pair back above 212 and rise higher possible… ( 16.10 )

19.10.06
Stand aside at this moment, wait for us data…

EUR-CAD

No change in view…


GBP-CAD

If You are long from yesterday can take some profits here at 2,1320-30… ( near 100 pips profit  )

19.10.06
Rest our long was stopped at cost, stand aside at this moment


USD-THB

No change in view…


USD-CZK

22,200-400 – try to buy on dips…..with tight sl, first target 22,700-800


USD-HKD

Stand aside…


EUR-CHF

1,5966 and 1,5964, double top possible on a daily, waiting for confirmation, first good support 1,5850,
maybe small short near 1,5915-30 for 1,5850-60 with tight sl above 1,5965

19.10.06
You can to take part profit here at 1,5895, put sl for rest on entry point



GBP-CHF

Up-trend still intact, need close above 2,3773 for move above 2,4000, support 2,3550 then near 2,3350-3400, strategy buy on dip for 2,4000 minimum target,
only move down from current level and daily close below 2,3400 could confirm double top on daily…

19.10.06
Worst than expected uk data, better than expected chf data… stand aside at this moment , no trade , wait for clearer direction, maybe sell on rally for target 2,34 ? watching at this moment….

USD-MXN

No change in view…


USD-HRK

Missing trade opportunity…stand aside at this moment or try to catch small long on dips…


USD-DKK

Break to the upside still possible…watch daily close…


EUR-GBP

EURO-STG TECHS: 5, 21 & 55-day Moving Average's Confirm "Dead-Cross"; very bearish but… yes but todays uk data could be a key for bulls to holds supports….

Good Luck and Good Trade
Piotr

p.s.
If You have to recive all details ( commentary, analysis, trading strategy, any alerts ) simple send email to me: piotr.wilczynski@finexo.de,
when You send e-mail to me it's mean You also agree to recive info about fx-brokers,
and remember Your e-mail adress will stay only in my base. If You will have remove from my database simply sent blank email to me.


------------------------------------------------

DISCLAIMER
These views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsible for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
WARNING !!
Visitors should be aware that Foreign Exchange transactions and trading are or can be subject to laws, rules and regulations of the country in which the entity undertaking the transactions is situated. It is incumbent upon the Visitors to keep themselves informed and abreast of the Laws they are (or would be expected to be) subject to and governed by, and act in accordance thereto.

Wednesday, October 18, 2006

Forex analysis...18.10

Hello Traders

EUR-USD

No change in view… waiting for US data…




USD-JPY

118,00-35 looks like good support, but we need rise past 119,15-20 for possible move towds 120 and higher...

Closed yesterdays long with 11 pips profit…



NOTE. longer-term players using Tuesday's dip in New
York to add to dollar longs, Japanese names also noted buyers on this
morning's dip ahead of what is described as key support at Y118.30. This
was the breakout point post US payrolls two weeks ago. Stops are placed
under there ahead of tech support at Y118.00. Japanese stops underneath
ahead of tech support at Y117.45. Good offers are seen at Y118.70/80.




GBP-USD

is on course to completing double-bottom at $1.8520/25
target $1.8755 at $1.8520. However, risks seen skewed on further squeeze
higher to $1.8795/1.8800 -- the 50.0% of $1.8520 to $1.9070 & spike high
US payroll data. The fast 10-day momentum study is showing
bull-divergence signal and daily slow-stochastic recovering from o/sold.

Small long from 1,8710 with tight sl near 1,8680 first target 1,8760…

NOTE: Todays UK data was not good but gbp did not want to fall thats why im long...



EUR-JPY

Low 148,48, possible fall towds 148,30 then 147,80 and 146, resistance start 148,90-149,10 next 149,35-50…

Took profits yesterdy at 148,75, re-entered short at 149,10 for first 148,30, You can try to take short near 148,90-149,10 for 148,30 first target…



USD-CHF

As i wrote yesterday i prefer long positions, but now better to wait for us data and for reaction after…

If You are long exit here at 1,2680 and waiting…



USD-CAD

No change in view…buy on dips…



AUD-CAD

You can take some profits here at 0,8580-85, re-enter new on dips below 0,8500


CAD-JPY

Took part profit from short ( fx news -16.10 ) at 104 for rest sl on entry level…

USD-PLN

IF You are long take some profits here at 3,1100-20, put sl for rest on entry, look to re-buy on dips…


EUR-PLN

Holding short position…


EUR-HUF

No change in view…


USD-HUF

Long with tight sl was stopped out, short was opened after 212 was broken and was closed at 211,80 ( with small profit )… stand aside at this moment , watch todays close, pair back above 212 and rise higher possible… ( 16.10 )

EUR-CAD

No change in view…


GBP-CAD

If You are long from yesterday can take some profits here at 2,1320-30… ( near 100 pips profit  )


USD-THB

No change in view…


USD-CZK

22,200-400 – try to buy on dips…..with tight sl, first target 22,700-800


USD-HKD

Stand aside…


EUR-CHF

1,5966 and 1,5964, double top possible on a daily, waiting for confirmation, first good support 1,5850,
maybe smal short near 1,5915-30 for 1,5850-60 with tight sl above 1,5965


GBP-CHF

Up-trend still intact, need close above 2,3773 for move above 2,4000, support 2,3550 then near 2,3350-3400, strategy buy on dip for 2,4000 minimum target,
only move down from current level and daily close below 2,3400 could confirm double top on daily…


USD-MXN

No change in view…


USD-HRK

Missing trade opportunity…stand aside at this moment or try to catch small long on dips…


USD-DKK

Break to the upside still possible…watch daily close…

Good Luck and Good Trade
Piotr

p.s.
If You have to recive all details ( commentary, analysis, trading strategy, any alerts ) simple send email to me: piotr.wilczynski@finexo.de,
when You send e-mail to me it's mean You also agree to recive info about fx-brokers,
and remember Your e-mail adress will stay only in my base. If You will have remove from my database simply sent blank email to me.


------------------------------------------------

DISCLAIMER
These views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsible for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
WARNING !!
Visitors should be aware that Foreign Exchange transactions and trading are or can be subject to laws, rules and regulations of the country in which the entity undertaking the transactions is situated. It is incumbent upon the Visitors to keep themselves informed and abreast of the Laws they are (or would be expected to be) subject to and governed by, and act in accordance thereto.

Tuesday, October 17, 2006

Forex analysis...

EUR-USD –

Still above 200 DMA, but below 1,2580-2620, important could be ZEW and more important US data…, at this moment till us data propably 1,2485-1,2560-80 range, clear direction we should see after US data, prefer sell on rally…

NOTE :

EUR is also on strong underpressure from GBP and JPY, it also could help usd bulls


GBP-USD –

Potential double-bottom at $1.8520 triggered on a break
above $1.8637 -- targets measured move to $1.8755. However, there are
some key interim resistance levels at $1.8650 Fibonacci levels, the
100-day moving average at $1.8675 & $1.8700 -- 50.0% of US payroll
high to $1.8520 low. The daily slow-stochastics are crossing bullishly.

NOTE: GBP supported from UK DATA

USD-JPY –

Below 119,00, support 118,65, while holds still possible rise twds 120 and higher, below this support next target 118,00…

Try Very small long at 118,65 with sl at 52…

NOTE: Remember Bank Of Russia said yesterday that will start to buy jpy…


EUR-JPY –

Slips through strong tech support at Y149.00 as dollar-yen
stops are triggered. More stops noted down to Y148.80 ; below target 148,30-35

Still holding short positions…

USD-CHF –

While above 1,2660 prefer long positions with sl below 1,2620…

USD-CAD

Important BOC rate decision and commentary after this,
no rate hike and oil prices below 60usd could hurt cad in mid and longer term,

try to very small long on dips at 1,1320 if seen for 1,17 with tight sl ahead rate decision….


AUD-CAD

If You’re long sl move on entry point ahead of BOC rate decision, if position will close re-enter again on dip…


USD-PLN

At this moment still prefer buing on dip ( 3,08 ), important could be us data later today, below 3,08 watch for 3,05, first resistance near 3,14 above target 3,20 and higher, political problems in Poland could help usd bulls…


EUR-PLN

SHS formation on daily, trading below 200 dma, prefer sell on any rally first target 3,75, selling area 3,8870-3,8900 ( back to the line )…

EUR-HUF

Strong support near 270 was taken out, now bears have situation under control while pair is below 200 DMA…( 265,93 ), if we will see daily close below 200 DMA today next possible target even 260…, close above could push pair higher twds 270 but propably it will be only correction ahead of next move down…watching

EUR-CAD

Trdaing above 200 DMA at 1,4104, resistance first at 1,4350 next 1,45, important today BOC rate decision , also watching oil prices, stand aside at this moment….

NOTE: propably bettr to going long GBP-CAD with first target 2,15 and next 2,20 further out.


USD-THB

Usd bulls fighting with 37,400-500 resistance, support start near 37,120, long shoul be open only when we will see daily close above resistance…


USD-CZK

Looking to buy, watch weekly close… buying area 21,900-22,200 or above resistance 22,760


USD-HKD

Support near 7,7850 was taken out, next 7,7778 ( 38,2% Fibo ) and 7,7725 ( 50 % Fibo ) from 7,7510 – 7,7946 up-trend, stand aside, watch all asian currency…

NOTE: maybe better to buy asia vs european , waiting for clear signals…

GOOD LUCK and GOOD TRADE
Piotr

p.s.
If You have to recive all details ( commentary, analysis, trading strategy, any alerts ) simple send email to me: piotr.wilczynski@finexo.de,
when You send e-mail to me it's mean You also agree to recive info about fx-brokers,
and remember Your e-mail adress will stay only in my base. If You will have remove from my database simply sent blank email to me.


------------------------------------------------

DISCLAIMER
These views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsible for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
WARNING !!
Visitors should be aware that Foreign Exchange transactions and trading are or can be subject to laws, rules and regulations of the country in which the entity undertaking the transactions is situated. It is incumbent upon the Visitors to keep themselves informed and abreast of the Laws they are (or would be expected to be) subject to and governed by, and act in accordance thereto.

Monday, October 16, 2006

Forex analysis...

EUR-USD

EUR - while above 1,2475-80 ( 200 dma ) possible rise twds 1,2580-1,2620, below 1,2475 possible 1,2350 target, stand aside at this moment…

No positions



GBP-USD

Resistance near 1,8620-40, support 1,8510-30, try to sell on rally twds 1,8640-60 for 1,8510-30 for half position and 1,8250 further out.

No positions


USD-JPY

Technically still prefer long while 118,60 and 119,20 holds, but after today’s commentary from Russia Central bank, we could see stronger correction, wait and watch…

No positions…


EUR-JPY

Bearish bias while below 150,25-75 level ( basis on a daily close ), strong support near 149, but in my opinion after Russia Central Bank commentary, could be broken very easy, targets 148,35-50 then 146…

Holding short positions avg. 149,28 for 148,50 first and 146 second target…


CAD-JPY

Consolidation 104,00-106,00, daily close below 104 is needed to move down twds 200 dma at 102,50, while oil prices below 60 usd bigger chances for bears, sell rally for move down first target 104,00 second 102,50,

no positions

In my opinion today better to wait for Bernanke for Yellen and for Poole , watch daily close, eventually small jpy long positions vs. Eur,cad,chf….


GOOD LUCK and GOOD TRADE
Piotr

p.s.
If You have to recive all details ( commentary, analysis, trading strategy, any alerts ) simple send email to me: piotr.wilczynski@finexo.de,
when You send e-mail to me it's mean You also agree to recive info about fx-brokers,
and remember Your e-mail adress will stay only in my base. If You will have remove from my database simply sent blank email to me.


------------------------------------------------

DISCLAIMER
These views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsible for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
WARNING !!
Visitors should be aware that Foreign Exchange transactions and trading are or can be subject to laws, rules and regulations of the country in which the entity undertaking the transactions is situated. It is incumbent upon the Visitors to keep themselves informed and abreast of the Laws they are (or would be expected to be) subject to and governed by, and act in accordance thereto.

Thursday, October 12, 2006

Forex analysis...

EUR-USD –

New low yesterday at 1,2501 after FOMC , strong bounce back today but at this moment still favor short positions…
Selling area 1,2575-90 and above 1,2610, sl above 1,2640-50 for 1,2460-80,
Important US Trade Balance today….

Currently short from 1,2545…


GBP-USD –

Pair now trying to back above 1,8600-15, next resistance near 1,8635-60 also looks good for short…
Short from 1,8524 was stopped out…

Holding short from 1,8565, will add near 1,8645


USD-JPY-

As I wrote yestrday, correction possible…but still favor long positions… level to buy 119,25-30 or 118,60-85…


USD-CAD-

As I wrote yesterday, bullish for 1,14 while above 1,1320, max today 1,1384, if You’re long try to take profit here at 1,1360 or put sl on entry level…

Fundamental:
The Canadian dollar was down
versus the greenback on Wednesday as another slide in commodity
prices weighed on the currency, which could drift further given
the lack of any key domestic data...




USD-CHF – look to buy on dips 1,2630-50 for 1,2780-2800

AUD-USD –

Good demand noted this morning for topside Aussie calls after
strong employment data overnight. Traders note stops at $0.7485 and
$0.7495.

200 DMA at 0,7478, now we are above this level…

Bearish below 0,7440-50, bullish above 0,7500, still watching

NZD-CHF-

Current 0,8362 … testing 50% fall from 0,9448 to 0,7375…
200 DMA below 0,81, also good support at 0,8100 ( trendline ), watching…

USD-CZK-

Very interesting situation, long term downtrend-line on daily chart is underpressure, daily close above could be very bullish, on the other hand consolidation 21,7000-22,6000 also possible…

USD-DKK-

Consolidation 5,7500-5,9500, supoort 5,85 then 5,80, also range –break to the upside possible…

USD-HRK –

Look to buy again on dip 5,85-5,86 for minimum 5,94-95…and for 6 and above later..

USD-HUF-

HUF is a stronger than we expected at this moment range-break to the downside possible, watch support near 212,00, speculative traders can to take long here ( 212,50 ) with tight sl below 212 for move minimum 216, daily close below 212, we will have bigger chances for back to 208…

USD-MXN –

Watch support 10,9200-9500, resistance 11,1000, bigger chances at this moment for bears

USD-PLN -

If You are still long, You can take some profits here 3,1215-25 for rest put sl on entry level tp 3,14, look to buy on dips again…or on break to the upside

More details about other currency than majors after weekend

GOOD LUCK and GOOD TRADE
Piotr

p.s.
If You have to recive all details ( commentary, analysis, trading strategy, any alerts ) simple send email to me: piotr.wilczynski@finexo.de,
when You send e-mail to me it's mean You also agree to recive info about fx-brokers,
and remember Your e-mail adress will stay only in my base. If You will have remove from my database simply sent blank email to me.


------------------------------------------------

DISCLAIMER
These views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsible for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
WARNING !!
Visitors should be aware that Foreign Exchange transactions and trading are or can be subject to laws, rules and regulations of the country in which the entity undertaking the transactions is situated. It is incumbent upon the Visitors to keep themselves informed and abreast of the Laws they are (or would be expected to be) subject to and governed by, and act in accordance thereto.

Wednesday, October 11, 2006

Forex analysis...

Hello Traders...

as I wrote earlier , dont want to trade against usd...

still prefer tarde from long usd side...

EUR-USD – possible 1,2460-80 target , trade from short side, selling area: 1,2575 and 1,2610-15 sl above 1,2640, important for next direction could be FOMC meeting later today….

Currently short from 1,2545…

GBP-USD – range 1,86-1,91 was broken yesterday, trade from short side, even 1,8250 or 1,81 target possible, i took small short when i saw new low today with tight sl, if not hold will try to sell againnear 1,86….

Short 1,8524 ….

USD-JPY – bulls have situation under control , correction possible, prefer strategy buy on dips near 119,25 or 118,85….

No positions…

USD-CAD – bullish above 1,1300-20 for move minimum 1,1400, weaker oil prices should hurt CAD… trade from long side…

No positions…

AUD-USD – aud is relatively strong ahead Stevens speech at 10.05 gmt today, propably clear direction we will see after this… range 0,7410-0,7465…, below 0,7410 possible 0,7350-70 and lower.. waiting for Stevens, watching gold prices…

No positions….

USD-CHF – look to buy on dips 1,2630-50 for 1,2780-2800

No positions…


good luck
Piotr

p.s.
If You have to recive all details ( commentary, analysis, trading strategy, any alerts ) simple send email to me: piotr.wilczynski@finexo.de,
when You send e-mail to me it's mean You also agree to recive info about fx-brokers,
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------------------------------------------------

DISCLAIMER
These views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsible for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
WARNING !!
Visitors should be aware that Foreign Exchange transactions and trading are or can be subject to laws, rules and regulations of the country in which the entity undertaking the transactions is situated. It is incumbent upon the Visitors to keep themselves informed and abreast of the Laws they are (or would be expected to be) subject to and governed by, and act in accordance thereto.

Friday, October 06, 2006

Forex - Ahead NFP data

Hello Traders,

Most important today:
US NFP data

What we could see after?

In my opinion every number above 120.000-150.000 should push usd on higher levels and 1,2450-1,2500 will be on the cards,

but what could happen if number will be below 100.000?

we could see usd sell-off, ok, but how long? to 1,2740 or 1,2800 and after this another round of buing usd?

Propably number below 50.000 will see strong sell-off usd on the boards...

At this moment dont want to trade against usd, propably better to put sell order eur-usd ahead NFP, maybe will see surprise number?

Good Luck
Piotr

p.s.
If You have to recive all details ( commentary, analysis, trading strategy, any alerts ) simple send email to me: piotr.wilczynski@finexo.de,
when You send e-mail to me it's mean You also agree to recive info about fx-brokers,
and remember Your e-mail adress will stay only in my base. If You will have remove from my database simply sent blank email to me.


------------------------------------------------

DISCLAIMER
These views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsible for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
WARNING !!
Visitors should be aware that Foreign Exchange transactions and trading are or can be subject to laws, rules and regulations of the country in which the entity undertaking the transactions is situated. It is incumbent upon the Visitors to keep themselves informed and abreast of the Laws they are (or would be expected to be) subject to and governed by, and act in accordance thereto.

Wednesday, October 04, 2006

Forex commentary

Hello Traders,

Today:
EUR - PMI and Retail Sales
GBP - PMI
USD - ISM - Non Manufacturing an Bernanke speech !!!


EUR-USD - 200 day ma - 1,2449, 100 dma - 1,2735 and 50 dma - 1,2768, need to close above 50&100 dma to keep bulls alive :), earlier commentary still valid,

GBP-USD - GBP-USD - 200 dma - 1,8183, 100 dma - 1,8684 and 50 dma - 1,8870 ( note: 200 ma on 4hour chart is near 1,8880 ) - is possible that BOE will rise rate tommorow by another 25 bps, try to trade from long side till rate decision with tight sl...

USD-CAD - 200 dma - 1,1328, 100 dma - 1,1185 and 50 dma - 1,1189, while above 50 & 100 dma positive outlook, also oil could hurt CAD...

Good Luck
Piotr

p.s.
If You have to recive all details ( commentary, analysis, trading strategy, any alerts ) simple send email to me: piotr.wilczynski@finexo.de,
when You send e-mail to me it's mean You also agree to recive info about fx-brokers,
and remember Your e-mail adress will stay only in my base. If You will have remove from my database simply sent blank email to me.