EurUsd
The pair is currently trading at 1.4230. Around 1.430 we have an important resistance level. If it gives up we are looking at further move up to 1.45, 1.47 and even above 1.51.
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Posted 09.03.2011
ChfJpy
Chfjpy trading above 89.00, approaching supply area and upper up channel line. It is an interesting opportunity for correction with nice risk:reward ratio.
added 22.03.2011
Supply area played out well, price fell down, testing the lower band of the channel.
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Posted 04.03.2011
EurUsd
On the weekly time frame it has reached important supply level area. It collides with 2 down trend lines making it even more important. It is reasonable to expect a deeper correction at this point.
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Posted 02.03.2011
GbpUsd
On the daily time frame it is trading in very important supply zone. Since january 2010 when it visited that level last time, it has dropped 2100 pips. (click to enlarge)
Dollar index
Dollar index is approaching very important demand level on weekly time frame. We can see a major turn in the coming days/weeks in the market. (click to enlarge)
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