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[LEFT][SIZE="5"]EUR/USD - Euro Dollar[/SIZE]1,3629. EUR USD is in an uptrend supported by 4H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. EUR USD is in a range between 1,3535 and 1,3715. The volatility is low. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a resistance below 1,3715 (86 pips). The consolidation should continue. [/LEFT][INDENT][LEFT][B]Resistances[/B]1,3665 - 1,3715[B]Supports[/B]1,3605 - 1,3535[/LEFT][/INDENT][LEFT]more information on [URL="http://www.mataf.net/en/forex-eurusd.htm"]EUR/USD - Euro Dollar [B]Click Here[/B][/URL][/LEFT][CENTER][IMG]http://www.mataf.net/section/devises/page/images/eurusd.png[/IMG][/CENTER][LEFT][SIZE="5"]GBP/USD ...

[B]Bias:[/B] While 146.44-70 caps I feel we should see losses

Price has stalled at the 146.44-70 pivot resistance and while this area does cap I feel we are due a correction lower at the very least and possibly a stronger decline… Immediate support is at 145.60 and loss would imply test of the 144.90-10 pivot support. A reaction here is likely. If we are going to see any deeper losses then we'll need breach of this lower support and if seen then look for follow-through to 144.09 at least - but again take care. It will take a break here to begin to suggest a retest of the 143.37 low.

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Attached Files

• The Brief Daily Forecaster.pdf (63.5 KB, 126 次查看)

Intra-day forex trading signal by AceTrader : USD/JPY

USD/JPY OUTLOOK - 95.96

Last Update At 15 May 2009 02:44 GMT

Despite intra-day retreat fm 96.20, near term
mild upside bias is seen for y'day's rise fm 95.10
low to retrace recent decline to extend gain twds
96.35/40, however, price shud falter well below res
res at 96.70 n yield selloff later.

Venture long on dips with stop as indicated,
only below 95.47 wud signal top is made, 95.20/25..

Range Forecast
95.75 / 96.10

Resistance/Support
R: 96.20 / 96.34 / 96.70
S: 95.47 / 95.10 / 94.65

http://www.acetraderfx.com

EURUSD failed to test 1.3738 (Mar 19 high) resistance and formed a short term cycle top at 1.3721 level on 4-hour chart. Range trading between 1.3400 and 1.3721 is now in favor and pull back to test the support of the lower border of the price channel is expected later today. Near term resistance is at 1.3721, above this level will indicate that the uptrend from 1.2884 has resumed and further rally could be seen to 1.3900 zone.



Daily Forex Forecast