Thursday, March 11, 2010

Forex Euro/Usd H1 11-March 2010

H1 - as you can see the wave is getting smaller on every move, so if it still move in that triangle, be very cautious cos it going to be shorter wave and extremely volatile.

Forex Euro/Usd H4 11-March 2010

H4 - forming a Symmetrical Triangle pattern. It will be moving in the triangle unless a break out appear.

Wednesday, March 10, 2010

Forex Euro/Usd H1 10-March 2010

H1 - it looks like forming a triangle, any break out from there it will move that direction.

Forex Euro/Usd H4 10-March 2010

H4- it still moving in side way range. No firm direction yet seen.

Monday, March 8, 2010

Forex Euro/Usd H1 8-March 2010

H1 - it touches the 78. fibo level, let see if it break this level then it will go for the resistant. If break out the resistant then the bulls momentum should build up.

Forex Euro/Usd H4 8-March 2010

H4- no strong momentum on bull yet seen. It's trying to break the resistant on last weekend high.

Friday, March 5, 2010

Forex Euro/Usd H4 5-March 2010

H4 - flip over h4 chart for a clearer view, as you can see it looks like it going to turn from here unless it break the previous candle low again then it will go down further.

Forex Euro/Usd H1 5-March 2010

H1 - the pull back drop down to Fibo 61.8 now, let see if it turn from here or not. If it goes further than that, this mean it might go for another try on the support.

Forex Euro/Usd H4 5-March 2010

H4 - after breaking the resistant, it does not seems have much support or strength there so as you can see the pull back is kind of deep so this means the bull still kind of weak.

Forex Euro/Usd Daily 5-March 2010

Daily - it move up closing to the MA and turn back down again. The first push does not seems to have much support there.