Friday, October 16, 2009

Forex Euro/ Usd H4 - 16 October 09

Forex Euro/ Usd H4 - it looks like it going to form a double top and it might turn down from here as the yesterday candle had form a hanging man. Unless it break up the double top resistant then it will still push up further.

Forex Euro/ Usd Daily - 16 October 09


Forex Euro/ Usd Daily - yesterday candle form a hanging man, be cautious cos it might turn down from here as you look at H4 is forming a double top too.

Thursday, October 15, 2009

Forex Euro/ Usd H1 - 15 October 09

Forex Euro/ USd H1 - the candle shows that it is weakening and also Rsi is also overbought. Wait for a pull back then go long again.

Forex Euro/ Usd H4 - 15 October 09

Forex Euro/ USd H4 - Rsi appear to be over bought so we will be expecting to have a pull back anytime soon.

Forex Euro/ Usd Daily - 15 October 09

Forex Euro/ Usd Daily - it form three white soldiers, this indicate that it will push further up but it might pull back before moving back on the bull track.

Wednesday, October 14, 2009

Forex Euro/ Usd H4 - 14 October 09

Forex Euro/ USd H4 - the arrow shows that h4 have strong support there and the last candle also very bullish indicate that it will push higher.

Forex Euro/ Usd Daily - 14 October 09

Forex Euro/ Usd Daily - the last candle still seem to be very bullish. Let see if today's candle still maintain bullish then it will form three white soldiers then it will go further up.

Tuesday, October 13, 2009

Forex Euro/ Usd H4 - 12 October 09

Forex Euro/ Usd H4 - the arrow shows the H4 double top and also the resistant level. Once break up the resistant then it will move up to the previous main resistant as the blue line on top of the chart.

Forex Euro/ Usd Daily - 13 October 09

Forex Euro/ Usd Daily - a bullish candle indicate the bulls is back but it need to break up the H4 double top in order to move further up.

Monday, October 12, 2009

Forex Euro/ Usd H4 - 12 October 09

Forex Euro / Usd H4 - it found the support and it seems to hold on quite strong as it appeared 2 formed hammer candle and also turn at the previous resistant. It's going try to push back up from here, let see if the bulls still have the strength to do so.

Forex Euro/ Usd Daily - 12 October 09

Forex Euro/ Usd Daily - From last friday candle it seems that the bear is trying to make turn from there but look at the H4 it seems to hold back so let's wait till more confirmation before making any decision.