EUR/USD
This week we have two likely opposite scenarios in this pair.
Favored Count
The image presented below points towards the end of the downwards blood bath and resumption of the bullish trend. According to this assessment it seems that the move ending at May 09, 2011 (low -1.4255) was...
Current Price 1.3180
Current Resistances: 1.3270, 1.3410, 1.3640, 1.3780
Current Supports: 1.3050, 1.2910, 1.2680, 1.2550
We still favor a test of at least the 1.3630 area, before the November 30, 2010 low is taken out. If the price tests the 1.3630 area, we would expect to see a sell off...
Current Price: 1.3400
Resistance Levels: 1.3410, 1.3570, 1.3740, 1.3850
Support Levels: 1.3270, 1.3100, 1.2800, 1.2630
http://www.thetradingsolutions.com/wp-content/uploads/2010/12/101204-eurusd-daily.gif
The 1.2980 support held during the previous week and we witnessed a bounce from that...
Current Price: 1.3400
Resistance Levels: 1.3410, 1.3570, 1.3740, 1.3850
Support Levels: 1.3270, 1.3100, 1.2800, 1.2630
The 1.2980 support held during the previous week and we witnessed a bounce from that level which has so far reached the 1.3400 level. We expect this rally to continue...
Current Price: 1.3270
Resistance Levels: 1.3400, 1.3620, 1.3900, 1.4000
Support Levels: 1.3120, 1.3030, 1.2830, 1.2450
We are now already in the possible reversal zone for the C wave (1.3340 – 1.2980). Once the C wave gives confirmation of completion and we get indications of a short...
Gold - March 15, 2010
Summary
Long term outlook: Up
Medium Term Outlook: Down
Short Term Outlook: Sideways to Down
Revision Point: Break above 1260
Potential Medium Term Targets: 680 and lower
Preferred Strategy: Take short term positions only, till we see an end of the corrective phase...
Gold - March 07, 2010
Summary
Long term outlook: Up
Medium Term Outlook: Down
Short Term Outlook: Sideways to Down
Revision Point: Break above 1260
Potential Medium Term Targets: 680 and lower
Preferred Strategy: Take short term positions only, till we see an end of the corrective phase...
Gold - February 27, 2010
Summary
Long term outlook: Up
Medium Term Outlook: Down
Short Term Outlook: Sideways to Down
Revision Point: Break above 1260
Potential Medium Term Targets: 680 and lower
Preferred Strategy: Take short term positions only, till we see an end of the corrective phase...
Gold - February 21, 2010
Summary
Long term outlook: Up
Medium Term Outlook: Down
Short Term Outlook: Sideways to Up
Revision Point: Break above 1260
Potential Medium Term Targets: 680 and lower
Preferred Strategy: Take short term positions only, till we see an end of the corrective phase.
The...
Gold - February 15, 2010
Summary
Long term outlook: Up
Medium Term Outlook: Down
Short Term Outlook: Sideways to Up
Revision Point: Break above 1260
Potential Medium Term Targets: 680 and lower
Preferred Strategy: Take short term positions only, till we see an end of the corrective phase...
Gold - February 08, 2010
Summary
Long term outlook: Up
Medium Term Outlook: Down
Short Term Outlook: Sideways to Up
Revision Point: Break above 1260
Potential Medium Term Targets: 680 and lower
Preferred Strategy: Short Term Buy opportunity may be explored at the emergence of a Low risk High...
Gold - February 01, 2010
Summary
Long term outlook: Up
Medium Term Outlook: Down
Short Term Outlook: Sideways to Up
Revision Point: Break above 1260
Potential Medium Term Targets: 680 and lower
Current Position: Bear Positions covered. Looking for Low risk High probability setups for taking...
Gold - January 25, 2010
Summary
Long term outlook: Up
Medium Term Outlook: Down
Short Term Outlook: Sideways to Up
Revision Point: Break above 1260
Potential Medium Term Targets: 680 and lower
Current Position: Bear Positions covered. Looking for Low risk High probability setups for taking...
Gold January 18, 2010
Summary
Long term outlook: Up
Medium Term Outlook: Down
Short Term Outlook: Sideways to Down
Revision Point: Break above 1260
Potential Medium Term Targets: 680 and lower
Current Position: Bearish at 1147.00 in a zero potential loss position.
Confirming our assessment...
Gold - January 11, 2010
Summary
Long term outlook: Up
Medium Term Outlook: Down
Short Term Outlook: Sideways to Up
Revision Point: Break above 1260
Potential Medium Term Targets: 680 and lower
Current Position: Bullish at 1094.00 in a zero potential loss position.
The price advanced almost...