08.03.2011

Nice pin bar on dollar index from yesterdays candle at demand level, suggests we might see a bigger correction or even trend reversal on dollar.

UsdCad broke out from the triangular yesterday. It is testing it currently and looking to move higher. Support at 0.97 is holding.

Eurgbp trading into supply area 0.8631 - 0.8660.

Silver is at intraday resistance level with first support around 35.80.

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.

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.