28.02.2011

Audusd trading at 1.017 with supply level just above it and ABCD harmonic pattern.

However Nzd index chart shows that this currency is sitting just above a support level.

Both these charts suggest that AudNzd pair might correct from the resistance level its sitting at. On the weekly chart it is a important supply level for this pair.

24.02.2011

Eurgbp trading at supply level.

Usdjpy trading at demand level.

Dollar index trading at important demand level.

23.02.2011

Usdchf trading at 0.9380 with a support just under. Intraday resistance at 0.9460.

Euraud trading at 1.3660 just under the top channel line. Important supports at 1.3540 and 1.3420.

22.02.2011

Eurusd trading at 1.3640 after bouncing from the support and up trend  line at 1.3535. Important intraday resistance around 1.3673.

Dolar index trading at 77.90 with a support level just below it at 77.80 - 77.70.

20.02.2011

Some support and resistance levels to trade in the coming days.

Dollar index:

Eurusd:

Audusd:

Eurgbp:

Chfjpy:

18.02.2011

Eurusd currently trading at 1.3557. It bounced from supply level and down trend line. Fighting with a little demand level here at 1.3545.

Euro index trading at 106.86 with a small demand level just below it.

Usdnok trading at 5.72 after bouncing from support this morning. Heading towards 5.75 and 5.797 intraday resistance levels.

Eurgbp trading at 0.8363 with support at this level.

16.02.2011

Eurusd currently trading at 1.3512after bouncing of the broken down trend line. Its capped between support and resistance intraday.

Cadchf trading at 0.9810 with resistance level at 0.9860. Intraday support levels 0.9760 and 0.9665.

Silver trading at 30.50 with important supply level just above.

14.02.2011

Usdjpy is currently trading at 83.30. It has created double top on h4 chart. There is also a downtrend line which suggest the price should move lower.

Cadjpy currently at 84.30 with supply level on the left 4 hour time frame. Intraday supports around 83.80 and and 83.00.

Cadchf trading at 0.9825, double top on h1 / h4 time frame. Intraday support/demand levels are at 0.9745 and 0.9660.

Silver trading at 30.50 with a cluster of candles on the left at 30.70 which creates resistance. Intraday support 29.60 and 28.50.

 Euro index trading at 106.90, with a demand level at 106.70, suggests a correction and a bounce up.

11.02.2011

Eurusd trading at 1.3525, creating double bottom intraday.

Nzdusd trading at 0.7572 with little demand level around 0.7560 - 0.7535.

Gold trading at 1358. On the daily chart its retesting broken up trend line with a supply level on the left.

GbpJpy trading at 133.43. Its created rising wedge and has a double top on h4/daily charts.

Audusd trading at 0.9977 with a small demand level on the right. Cluster of candles resolved to the upside, price is reacting again.

10.02.2011

Eurusd currently trading at 1.3613, bounce up after reaching its demand zone around 1.3580 with another one lower at 1.3545.

Usdchf at 0.9650 retesting the resistance, oscilator in oversold zone. First important support at 0.9560.

Usdjpy currently just little above 83.00 with supply zone on the left up to 83.20. Intraday support 82.70.

09.02.2011

Eurusd currently trading at 1.3632. Yesterday it bounced from the supply level 1.3670, breaking the up channel. First important support level around 1.3540.

Eurjpy currently trading at 112.60 with a supply level on the left all the way up to 112.90. Important support at 111.35.

Audusd currently at 1.0108 reacted to the supply level at 1.0185, heading towards support around 0.9980 and lower.

Silver trading at 30.15, with resistance around 30.50 - 31.10.

07.02.2011

Silver currently trading at 29.18 with supply level 29.20 - 29.50 on the left. Nearest important support at 28.30.

Gbpusd currently at 1.6100, with supply level 1.62 - 1.63 visible on the daily chart. looking for a move down to 1.6050 and incase of a break, lower to 1.5900.

Cadjpy currently trading at 83.30 with supply level 83.20 - 83.50. Nearest support around 82.70.

04.02.2011

Audusd currently trading at 1.0185 with a supply level on the left. Interesting level for shorts with SL just above 1.0250.

Gbpusd currently trading at 1.6080 with supply area just above (1.62 - 1.63). I has created double top on daily chart.

03.02.2011

Eurusd currently trading at .13760. Retesting previously broken up trend line on daily chart. As well as resistance area.

Euro index just under 108.50 resistance area - cluster of candles on the left, resolved to the south gives a clue of high supply around there.

Dollar index trading at 77.27 with support level just under as well as up trend line on weekly chart.