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GBPJPY could rebound this week.

Posted 10-19-2008 at 06:17 PM by Auslanco
Last week the pair failed close below the key support area of 172.10. The bullish momentum is building up and we may see a rebound towards 180 area within this week. However I do not rule out another attempt to break the 172.10 before a strong re-bound. Currently I'm neutral on this pair.
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Forex / European Session - 20/10/2008

Posted 10-20-2008 at 12:37 AM by Mataf (Currency Majors Technical Analysis)
EUR/USD - Euro Dollar
1,3469. EUR USD is in an downtrend directed by 4H exponential moving averages. EUR USD is in a consolidation after the last bearish movement. The volatility is low. Bollinger bands are flat. ForexTrend 4H, daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,3350 / 1,3540 range. If the support is broken then the target will be 1,3000 (469 pips). => We could take a short position at 1,3465. We will put the stop loss above 1,3540 (-75 pips). The targets are 1,3350 (+115 pips, risk/reward 1:1.5), 1,3000 (+465 pips, risk/reward 1:6.2) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 2.
Resistances
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Forex / European Session - 21/10/2008

Posted 10-21-2008 at 12:52 AM by Mataf (Currency Majors Technical Analysis)
EUR/USD - Euro Dollar
1,3305. EUR USD broke 1,3350 support. EUR USD is in an downtrend directed by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on EUR USD. The downtrend should continue to gather momentum. => We could take a short position at 1,3310. We will put the stop loss above 1,3390 (-80 pips). The targets are 1,3240 (+70 pips, risk/reward 1:0.9), 1,3140 (+170 pips, risk/reward 1:2.1) . Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 3.
Resistances
1,3350 - 1,3390
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FOREX Training Video | London Session October 21, 2008

Posted 10-21-2008 at 06:04 PM by FxBootcamp.com (FX Bootcamp Blog - Video FOREX Trade Journal)
FOREX Training Video | London Session October 21, 2008

We broke a nice little range we were in during the Moscow/Pre-London session on quite a few pairs, including the EUR/USD. While there were many more impactful opportunities about (Pound was Weeeeeak, and yens were a thing of beauty), in this video I focus on how we built a trade plan coming ‘into’ London open after the move had already produced nice pips. Using drawn trend lines we recognize a flag pattern develop on the 15m chart, along with key ema & Fibonacci levels. This overlap provided a decent risk vs. reward entry setup with a max target of around 90 pips for 30 or so pip risk. We determined target by finding an overlap of the daily m1 and weekly m1 pivot points,...
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