Friday, September 25, 2009

Forex Euro/ Usd H4 - 25 September 09

Forex Euro/ Usd H4- double bottom and as you can see the last bottom where the arrow on the right, the candle turn hammer with long legs on the rest. If it break up of the H4 channel then it will go up further unless it break the support then it still remain the bearish move.

Forex Euro/ Usd Daily - 25 September 09

Forex Euro/ Usd Daily - from yesterday candle it still seems very bullish but as you look at H4 chart it had found it support, so unless it broke the support then it will go down further.

Thursday, September 24, 2009

Forex Euro/ Usd H4 (2) - 24 September 09

Forex Euro/ USd H4 - a vertical flip for a better view, as you can see the long leg candle indicate a very strong resistant.

Forex Euro/ Usd H4 - 24 September 09

Forex Euro/ Usd H4 - it found a strong double top resistant. It will move down further unless it break up the resistant.

Forex Euro/ Usd Daily - 24 September 09

Forex Euro/ Usd Daily - the bullish does not seems to have any following up and it appear to form dark could. This might be a pull back, we will have to see how is today's movement.

Wednesday, September 23, 2009

Forex Euro/ Usd H4 (2) - 23 September 09

Forex Euro/ Usd H4 - it appear to form a few doji candle indicate exhaustion. Unless it break the last candle high then the push will continue.

Forex Euro/ Usd H4 - 23 September 09

Forex Euro/ Usd H4 - the blue dotted line is the resistant and support. It seems resting now until it pick up the momentum for another push.

Forex Euro/ Usd Weekly - 23 September 09

Forex Euro/ Usd Weekly - it move closer to the next resistant at 1.4866

Forex Euro/ Usd Daily - 23 September 09

Forex Euro/ Usd Daily - A very bullish candle with the confirmation of hammer. Most likely it will push up further but be cautious with the weekly resistant at 1.4866

Tuesday, September 22, 2009

Forex Euro/ Usd H4 - 22 September 09

Forex Euro/ Usd H4 - The new support as the arrow pointing at. It's still moving in the H4 bearish channel. once break out of the channel it will turn bullish again.

Forex Euro/ Usd Daily - 22 September 09

Forex Euro/ Usd Daily - it appear to have quite strong support, 2 days of trying to push downward and turn to hammer.

Monday, September 21, 2009

Forex Euro/ Usd H4 - 21 September 09

Forex Euro/ Usd H4 - it found the support also form a double bottom, if break below the support then it will turn bearish and go down further.

Forex Euro/ Usd Daily - 21 September 09

Forex Euro/ USd Daily - Last Friday's candle form a hammer, let see if today it will follow up the push or not.