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[LEFT][SIZE="5"]EUR/USD - Euro Dollar[/SIZE]1,4255. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Oscillators are neutral. The price should continue to move in 1,4175 / 1,4380 range. [/LEFT][INDENT][LEFT][B]Resistances[/B]1,4280 - 1,4380[B]Supports[/B]1,4235 - 1,4175[/LEFT][/INDENT][LEFT]more information on [URL="http://www.mataf.net/en/forex/eurusd"]EUR/USD - Euro Dollar [B]Click Here[/B][/URL][/LEFT][CENTER][IMG]http://www.mataf.net/section/devises/page/images/eurusd.png[/IMG][/CENTER]Mataf.net : [URL="http://www.mataf.net/en/forex/analysis"]technical analysis[/URL], [URL="http://www.mataf.net/"]Forex[/URL], [URL="http://www.mataf.net/en/currency/converter"]currency converter[/URL][LEFT][SIZE="5"]GBP/USD ...

[B]Bias:[/B] Mixed - waiting for breaks

This has become a bit messy so we need to take care. There is risk of consolidation and therefore I am concentrating on what I feel would break that consolidation and imply stronger follow-through. The 1.1050-72 area seems to be the close barrier and of course then the 1.1100 high seen a couple of days ago. As long as these break then look for follow-through to
1.1177 at least. Take a little care here. Only breach would maintain the bullish momentum for 1.1206 minimum (again take care here) and then to 1.1277. Above there note next resistance at 1.1320-30.

Please view the complete analysis in the attached PDF file.

For a full description of how to ...

Attached Files

• The Brief Daily Forecaster.pdf (23.1 KB, 117 次查看)

Being contained by 1.1124 previous high resistance, USDCAD pulled back from 1.1101 level. Sideways consolidation below 1.1124 would more likely be seen before breaking above this level. Near term support is located at 1.0966 followed by the rising trend line on 4-hour chart now at 1.0900, as long as the trend line support holds, we’d expect uptrend to resume and a break above 1.1124 resistance will signal further rally towards 1.1400 zone.



Daily Forex Signals

Tomorrow is the USA Non-Farm Payroll and we expect the usual tight price action but there are two trade setups on the EURJPY, USDJPY, GBPUSD. The EURUSD has limited trade potential for the upcoming sessions. Remember there is a G20 meeting this weekend and Monday there are bank holidays for the CAD and USA. Please take a few minutes to review the video for the specific trades that we are looking to setup.

http://www.youtube.com/watch?v=DtikLIn33Gs

Good Hunting,

Seth Gregory
www.fxdailytrades.com
www.forexactivetraders.com