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Alki replied Dec 6, 2010Hi, We had a bearish day. Daily pivot point was crossed but found support on weekly pivot point + daily S1. Not enough force to go through. Retrace looks like very week. It spends less than 4 hours staying above 50% retrace of last down move against ...
EURUSD
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Alki replied Dec 6, 2010Good morning, EUR/USD begin the week above daily pivot point and above weekly pivot point. Actually, it is testing daily pivot point. It should be an interesting bearish day, if it could cross these both suuports, especially during the first hours ...
EURUSD
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Alki replied Dec 5, 2010Last year, i had two brokers closed thursday around 15:00 CET. Looks like forex closed before New York session close.
Cable Update (GBPUSD)
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Alki replied Dec 4, 2010Hi, Anyone is seeing inverted Head and shoulder in the weekly chat with target could be 1.6800 level?
Cable Update (GBPUSD)
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Alki replied Dec 4, 2010A retrace up to 1.3612 should be realizable and looks like neighbour of average (1.3635) first and second significant resistance shown in the chart.
EURUSD
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Alki replied Dec 4, 2010The volume indicated in the last five trading days is the highest weekly volume ever traded in EUR/USD.
EURUSD
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Alki replied Dec 4, 2010The lowest seen in 20 years ago was 79.75 in april 1995. If happenned when ascending wedge could be completely realized (79.60), that should be a very strong resistance.
USD/JPY Discussion
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Alki replied Dec 4, 2010Hi, First violent move between 13/07/2008 and 26/10/2008 saw retrace at aroud 65%. Initial bootom was not touched by second plummet and again higher to around 75% retrace. An other move happened from 22/11/2009 to 06/06/2010 and saw a retrace of ...
EURUSD