Currency Sticks Pairs Analysis

Current level-8632

Longer term trade still bearish, now the main bearish trend line has hold weekly close during 0,89 area

Intraday: lower valleys in place but keep 38,2% fib, Note the descending wedge created with bullish ramifications. Strategy: sell on strength to 0.8700 around objectives during 38,2% FIB or reverse positioning on a brake on 0.8720s

Profit law affect gold silver and Platinum media areas

Current level-1.0027

Long term bias for USD/CAD remain neutral, solid foundations formed now around parity level.

Intraday: holds 0.9980 aid although bias remains bearish. while prices quote above parity levels, we see that try small long positions against 1.0100-1.0150s or turn a braking under 0.9980.

Current level 65-130.

Long term bias remains bearish and break through previous year lows retains the bears in the control of the couple.

Intraday: the downside with Channel divided and obtain a de-commitment to 131.00s but still unclear direction. Stand sideways until we get a clear braking and turning over 132.00s or 129.80.

Settings of Trade Forex commentary: warning signs in the air – reversing signals on key pairs of FX, 10-7-10

The Forex market you threw in some warning signs of a possible today imminent reversal in most couples FX main.

We are looking into daily the daily charts, gold and the GBPUSD respectively. Note that before you reverse the daily broke at new year 27 highs less and not having close above resistance to 27 year high near 0.9850.

Gold formed a bearish reversal candle huge today that seems to have the potential to produce at least one rotation short-term bottom.

Perhaps the signal stronger today was the bar bearish pin GBPUSD who refused to resistance around 1.6050 today. This pair appears to have some room to fall downwards, as the next media isn't up to around 1.5670.

Note: these signals are all counter-trend, but at least I'm still watching signals on withdrawals as soon as possible.

AUDUSD:                                                                                        Gold:

GBPUSD:

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Comment:

The dollar rebounded today after the overthrow of a 15 year low against the Japanese Yen the dollar also reversed. most of its loss of session start against the euro since euro moved above $ 1.4000, making another higher.

Perhaps more news from the Forex market today was the dollar weakening of all-time Low against the Swiss franc and a low of 27 years against the Australian dollar, a result of expectations that the Federal Reserve could print more money to help save the u.s. economy anemic.

USD strength today also caused a slide in raw; oil fell from a maximum of five months and copper and gold interrupted their recent rally with gold put in its biggest move of one day less in a month.

The Dow lost points 19.07 or 0.17%, the S & P 500 lost 1.91 points, or 0.16% and the Nasdaq acquired points 3.01 or 0,13%.