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

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