Forex Signals Archive

  • Trade Idea Wrap-up: USD/CHF – Hold short entered at 0.7965

    Trade Idea Wrap-up: USD/CHF – Hold short entered at 0.7965

    USD/CHF – 0.7893 Most recent candlesticks pattern    : N/ATrend                                    : Near term up Tenkan-Sen level                       :0.7919Kijun-Sen level                         :0.7923Ichimoku cloud top                     :0.7908Ichimoku cloud bottom                 :0.7894 Original strategy :  Sold at 0.7965, Target: 0.7830, Stop: 0.8000 New strategy  :   Hold short at 0.7965, Target: 0.7830, Stop: 0.7975 Remark: No update tomorrow, next Candlesticks and...

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  • Trade Idea Wrap-up: GBP/USD – Buy at 1.6200

    Trade Idea Wrap-up: GBP/USD – Buy at 1.6200

    GBP/USD – 1.6286 Most recent candlesticks pattern : N/ATrend                                    : Up Tenkan-Sen level                       :1.6240Kijun-Sen level                        :1.6240Ichimoku cloud top                     :1.6251Ichimoku cloud bottom                 :1.6175 New strategy  :  Buy at 1.6200, Target: 1.6330, Stop: 1.6165 Cable’s intra-day rebound to 1.6313 suggests the fall from 1.6478 has possibly ended at 1.6111 and consolidation with...

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  • Weekly Review and Outlook: Risk Sentiments Stabilized for Now, More Consolidations Before …

    Weekly Review and Outlook: Risk Sentiments Stabilized for Now, More Consolidations Before …

    Risk selloff intensified initially last week in response to S&P’s downgrade of US rating and the hollow statement G7 regarding the current market turmoil. Though, sentiments “stabilized” as the week went on, after Fed pledged to keep rates low until mid-2013. The attempt to extend...

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  • Trade Idea Wrap-up: USD/CHF – Buy at 0.7525

    Trade Idea Wrap-up: USD/CHF – Buy at 0.7525

    USD/CHF – 0.7575 Most recent candlesticks pattern    : N/ATrend                                    : Down Tenkan-Sen level                       :0.7596Kijun-Sen level                         :0.7612Ichimoku cloud top                     :0.7709Ichimoku cloud bottom                 :0.7693 Original strategy :  Buy at 0.7545, Target: 0.7645, Stop: 0.7510 New strategy  :   Buy at 0.7525, Target: 0.7645, Stop: 0.7490 As intra-day resistance at 0.7653 has continued to hold and...

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  • Trade Idea Wrap-up: GBP/USD – Sell at 1.6380

    Trade Idea Wrap-up: GBP/USD – Sell at 1.6380

    GBP/USD – 1.6279 Most recent candlesticks pattern : N/ATrend                                    : Up Tenkan-Sen level                       :1.6264Kijun-Sen level                        :1.6277Ichimoku cloud top                     :1.6383Ichimoku cloud bottom                 :1.6368 Original strategy :   Sell at 1.6365, Target: 1.6225, Stop: 1.6400 New strategy  :  Sell at 1.6380, Target: 1.6230, Stop: 1.6415 Despite intra-day brief breach of 1.6238, lack of follow...

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  • Daily Report: Yen Retreats on Warnings by Japanese Officials

    Daily Report: Yen Retreats on Warnings by Japanese Officials

    The greenback finally staged a rebound after falling to 76.29 yesterday (just few ticks above historical low of 76.25 made in March) on speculation that Japanese officials will take action in the forex market to curb yen’s rally, the Japanese currency also slipped versus...

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  • Trade Idea Wrap-up: USD/CHF – Buy at 0.7965

    Trade Idea Wrap-up: USD/CHF – Buy at 0.7965

    USD/CHF – 0.8030 Most recent candlesticks pattern    : Shooting starTrend                                    : Down Tenkan-Sen level                       :0.8014Kijun-Sen level                         :0.8018Ichimoku cloud top                     :0.8112Ichimoku cloud bottom                 :0.8029 Original strategy :  Buy at 0.7965, Target: 0.8065, Stop: 0.7930 New strategy  :   Buy at 0.7965, Target: 0.8065, Stop: 0.7930 Although dollar has recovered after intra-day marginal fall to...

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  • Trade Idea Wrap-up: USD/CHF – Sell at 0.8250

    Trade Idea Wrap-up: USD/CHF – Sell at 0.8250

    USD/CHF – 0.8175 Most recent candlesticks pattern    : Shooting starTrend                                    : Down Tenkan-Sen level                       :0.8203Kijun-Sen level                         :0.8203Ichimoku cloud top                     :0.8221Ichimoku cloud bottom                 :0.8215 Original strategy :  Sell at 0.8250, Target: 0.8150, Stop: 0.8285 New strategy  :   Sell at 0.8250, Target: 0.8150, Stop: 0.8285 Despite this week’s rise to 0.8278, the subsequent retreat...

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  • Mid-Day Report: Growing Confidence on Debt Solution Gives Euro a Boost ahead of Thursday’s EU Summit

    Mid-Day Report: Growing Confidence on Debt Solution Gives Euro a Boost ahead of Thursday’s EU Summit

    The single currency continued to edge higher as investors gained confidence that EU leaders are getting closer to reach an agreement on settling Europe’s debt crisis. German Chancellor Angela Merkel changed her tone as she said Thursday’s special summit of EU leaders...

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