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EURUSD, AUDUSD, EURCHF Daily Outlook

Discussion in 'Technical Analysis' started by ActionForex.com, Apr 6, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    The euro has tested bids at 1.3365 on Friday, after the NFP data release - reading in line with consensus expectations - but managed to recover, climbing above the 1.3500 mark. First resistance is formed at 1.3590 - 50% retracement of the 1.4720-1.2455 decline. Notable resistance is seen higher, formed...

    complete article here...
     
  2. MDunleavy

    MDunleavy New Member

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    AUD/USD Weekly Outlook
    AUD/USD dropped sharply to as low as 0.8315 last week. The break of 0.8549 support suggests that corrective rise from 0.8066 is finished with three waves up to 0.8858, just ahead of 61.8% retracement of 0.9380 to 0.8066 at 0.8878. While some recovery might be seen initially this week, we'd expect upside to be limited well below 0.8858 resistance and bring fall resumption. Below 0.8315 will target a test on 0.8066 support next.
    The text is written by ActionForex.

    "P&F AUDUSD10080 Box Size 20X3 or(8.21%) HI/LO
    Data 0.9849 - 0.4773 ~ 252 Month ~ 7686 Day
    Database 1099 records 0.84138 (Last Close)
    1989-06-11 00~00
    2010-06-27 00~00 (GMT+01:00) Paris
    BJF Trading Group MDunleavy chart"

    0.9800|~2OO||______________________________x_+_______________________|0.5%|105.32%
    0.9600|~4OO||______________________________x_o_+___________+_________|2.53%|101.13%
    0.9400|~6OO||______________________________x_o___+_________x_+_______|4.56%|96.94%
    0.9200|~8OO||__________________________x___x_o_____+_______x_o_x_____|6.59%|92.75%
    0.9000|~1OOO|__________________________x_o_x_o_______+_____x_o_x_o___|8.62%|88.56%
    0.8800|~12OO|______________________x___x_o_x_o_________+___x_o_x_o_x_|10.65%|84.37%
    0.8600|~14OO|__+___________________x_o_x_o___o___________+_x_o___o_x_|12.68%|80.18%
    0.8400|~16OO|__x_+_________________x_o_x_____o_____________x_____o_x_|14.71%|75.99%
    0.8200|~18OO|__x_o_x_______________x_o_x_____o_____________x_____o___|16.74%|71.8%
    0.8000|~2OOO|__x_o_x_o_____x_______x_o_x_____o_____________x_________|18.77%|67.61%
    0.7800|~22OO|__x_o_x_o_+___x_o_x___x_o_______o_____________x_________|20.8%|63.42%
    0.7600|~24OO|o_x_o_x_o___+_x_o_x_o_x_________o_____________x_________|22.83%|59.23%
    0.7400|~26OO|o___o_x_o_____x_o_x_o_x_________o_____________x_______+_|24.87%|55.04%
    0.7200|~28OO|____o_x_o_____x_o_x_o___________o_x_______x___x_____+___|26.9%|50.85%
    0.7000|~3OOO|____o_x_o_____x_o_x_____________o_x_o_x___x_o_x___+_____|28.93%|46.66%
    0.6800|~32OO|____o_x_o_____x_o_______________o_x_o_x_o_x_o_x_+_______|30.96%|42.47%
    0.6600|~34OO|____o___o_x___x_________________o_x_o_x_o_x_o_x_________|32.99%|38.28%
    0.6400|~36OO|________o_x_o_x_______________+_o___o_x_o_x_o___________|35.02%|34.09%
    0.6200|~38OO|________o_x_o_x_____________+_______o___o_+_____________|37.05%|29.9%
    0.6000|~4OOO|________o_x_o_x___________+_____________+_______________|39.08%|25.71%
    0.5800|~42OO|________o_x_o_x_________+_______________________________|41.11%|21.52%
    0.5600|~44OO|________o___o_x_______+_________________________________|43.14%|17.33%
    0.5400|~46OO|____________o_x_____+___________________________________|45.17%|13.14%
    0.5200|~48OO|____________o_x___+_____________________________________|47.2%|8.95%
    0.5000|~5OOO|____________o_x_+_______________________________________|49.23%|4.76%
    0.4800|~52OO|____________o_+_________________________________________|51.26%|0.57%
    0.4600|~54OO|____________+___________________________________________|53.29%|-3.62%
    Column|||||||2_5_9_8_1_5_9_1_6_5_3_8_5_7_3_6_1_4_5_4_4_5_4_1_4_3_5_3_|
    Count||||||||________3_____6_________________7_____________5_________|


    [​IMG]
    BJF Trading Group. Excel Chart. Full size.
     
  3. MDunleavy

    MDunleavy New Member

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  4. MDunleavy

    MDunleavy New Member

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    Trade Idea: Eur/Usd- Buy at 1.3750\1.3800; Target: 1.3900\1.3950 ; Stop: 1.3700.
    =======================
    The EURUSD continued its bullish momentum this week, topped at 1.3790 on Friday after made a clear, strong and convincing breakout above 1.3670 resistance area.
    From this point, beside minor resistance around 1.3800, I see no significant resistance until 1.3950, which is the next technical bullish target.
    Break above 1.3950 could trigger further bullish scenario.

    "P&F EURUSD10080 Box Size 300X3 or(7.42%) HI/LO
    Data 1.6038 - 0.8225; ~ 246.43 Month; ~ 7245 Day; ~ 20 Years
    Database 1036 records; 1.379 (Last Close)
    1990-11-25 00~00
    2010-09-26 00~00 (GMT+01:00) Paris
    BJF Trading Group MDunleavy chart"

    1.62|________________________________________________+_____________|
    1.59|________________________________________________x_+___________|
    1.56|________________________________________________x_o_+_________|
    1.53|________________________________________________x_o___+_______|
    1.50|________________________________________________x_o_____x_____|
    1.47|____________________+___________________________x_o_x___x_o___|
    1.44|________+___________x_+_________________________x_o_x_o_x_o_+_|
    1.41|________x_+_________x_o_x_______________________x_o_x_o_x_o___|
    1.38|________x_o_x_______x_o_x_o_____________________x_o_x_o_x_o___|
    1.35|x_______x_o_x_o_____x_o_x_o_+_______________x___x_o_x_o_x_o_x_|
    1.32|x_o_____x_o_x_o_+___x_o___o___+_____________x_o_x_o_x_o_x_o_x_|
    1.29|__o_x___x_o___o___+_x_____o_____+_______x___x_o_x_o_x_o_x_o_x_|
    1.26|__o_x_o_x_____o_____x_____o_______+_____x_o_x_o_x_o___o___o_x_|
    1.23|__o_x_o_x_____o_x___x_____o_x_______+___x_o_x_o_x_________o_x_|
    1.20|__o_x_o_x___+_o_x_o_x_____o_x_o_______+_x_o___o_x_________o_+_|
    1.17|__o_x_o___+___o_x_o_x_____o_x_o_____x___x_____o___________+___|
    1.14|__o_x___+_____o___o_x_____o_x_o_____x_o_x_______________+_____|
    1.11|__o_x_+___________o_______o_x_o_____x_o_x_____________+_______|
    1.08|__o_+_____________________o_x_o_____x_o_____________+_________|
    1.05|__+_______________________o___o_____x_____________+___________|
    1.02|______________________________o_____x___________+_____________|
    0.99|______________________________o_____x_________+_______________|
    0.96|______________________________o_____x_______+_________________|
    0.93|______________________________o_x___x_____+___________________|
    0.90|______________________________o_x_o_x___+_____________________|
    0.87|______________________________o_x_o_x_+_______________________|
    0.84|______________________________o___o_+_________________________|
    0.81|__________________________________+___________________________|
    |||||2_9_7_4_8_4_3_8_3_4_1_4_3_1_6_1_3_3_1_3_7_3_5_6_1_1_7_7_8_1_5_|
    |||||Column Count________1_____2___3_____1___________4_1_______O___|


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  5. MDunleavy

    MDunleavy New Member

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    [​IMG]

    "P&F EURUSD1440 Box Size 250X3 or(6.18%) HI/LO
    Data 1.6038 - 0.8225 ~ 155.85 Month ~ 4582 Day
    Database 3277 records 1.32402 (Last Close)
    1998-05-11 00~00
    2010-11-26 00~00 (GMT+01:00) Paris
    BJF Trading Group MDunleavy chart"

    1.6000|~25O||______________________+___x_+_____________________|0.24%|94.53%
    1.5750|~5OO||______________________x_o_x_o_+___________________|1.8%|91.49%
    1.5500|~75O||______________________x___x_o___+_________________|3.35%|88.45%
    1.5250|~1OOO|______________________x_____o_____+_______+_______|4.91%|85.41%
    1.5000|~125O|______________________x_____o_______+_____x_+_____|6.47%|82.37%
    1.4750|~15OO|______________________x_____o_x_______+___x_o_+___|8.03%|79.33%
    1.4500|~175O|______________________x_____o_x_o_____x_+_x_o___+_|9.59%|76.29%
    1.4250|~2OOO|______________________x_____o_x_o_____x_o_x_o_x___|11.15%|73.25%
    1.4000|~225O|______________________x_____o___o_____x_o_x_o_x_o_|12.71%|70.21%
    1.3750|~25OO|__________________+___x_________o_____x_o_x_o_x_o_|14.27%|67.17%
    1.3500|~275O|__________________x_+_x_________o_____x_o_x_o_x_o_|15.82%|64.13%
    1.3250|~3OOO|__________________x_o_x_________o_x___x_o_x_o_x_o_|17.38%|61.09%
    1.3000|~325O|______________+___x_o_x_________o_x_o_x_o_x_o_x___|18.94%|58.05%
    1.2750|~35OO|______________x_+_x_o_x_________o_x_o_x_o_x_o_x___|20.5%|55.02%
    1.2500|~375O|__+___________x_o_x_o_x_________o___o___o___o_x___|22.06%|51.98%
    1.2250|~4OOO|__x_+_________x_o_x_o_x_______________+_____o_x_+_|23.62%|48.94%
    1.2000|~425O|__x_o_+___+___x_o___o_x_____________+_______o_+___|25.18%|45.9%
    1.1750|~45OO|__x_o___+_x_+_x_____o_____________+_________+_____|26.74%|42.86%
    1.1500|~475O|o_x_o_____x_o_x_________________+_________________|28.3%|39.82%
    1.1250|~5OOO|o_x_o_____x_o_x_______________+___________________|29.85%|36.78%
    1.1000|~525O|o_+_o_____x_o_______________+_____________________|31.41%|33.74%
    1.0750|~55OO|+___o_____x_______________+_______________________|32.97%|30.7%
    1.0500|~575O|____o_____x_____________+_________________________|34.53%|27.66%
    1.0250|~6OOO|____o_____x___________+___________________________|36.09%|24.62%
    1.0000|~625O|____o_____x_________+_____________________________|37.65%|21.58%
    0.9750|~65OO|____o_____x_______+_______________________________|39.21%|18.54%
    0.9500|~675O|____o_x___x_____+_________________________________|40.77%|15.5%
    0.9250|~7OOO|____o_x_o_x___+___________________________________|42.32%|12.46%
    0.9000|~725O|____o_x_o_x_+_____________________________________|43.88%|9.42%
    0.8750|~75OO|____o_x_o_x_______________________________________|45.44%|6.38%
    0.8500|~775O|____o_x_o_________________________________________|47%|3.34%
    0.8250|~8OOO|____o_+___________________________________________|48.56%|0.3%
    0.8000|~825O|____+_____________________________________________|50.12%|-2.74%
    Column|||||||2_5_1_5_4_1_3_7_3_6_7_1_1_3_8_3_9_3_3_8_8_1_1_9_4_|
    Count||||||||____6_____3___________6___________________O_2_____|


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    BJF Trading Group. Excel Chart. Full size.
     
  6. MDunleavy

    MDunleavy New Member

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    A look at the CHF, its historical use as a safe haven currency.
    P&F =>>> Chf\Jpy & Jpy\Chf; Usd\Chf; Gbp\Chf; Eur\Chf and Chf Index.
    [​IMG]
    [​IMG]
    =>>>img88.imageshack.us/img88/9812/10dec191731.pdf
    BJF Trading Group. Excel Chart. Full size.
     
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