Friday, September 18, 2009

Forex Euro/ Usd H1 - 18 September 09

Forex Euro/ Usd H1 - as mentioned yesterday about the 3rd wave. It is looking for a trend and currently it will go side way in the Resistant (R) and Support (S) until the break out for a new trend.

Forex Euro/ Usd H4 - 18 September 09

Forex Euro/ Usd H4 - it build up strong resistant as all the candle with long antennas or doji formed.

Forex Euro/ Usd Daily - 18 September 09

Forex Euro/ Usd Daily - the candle show weakness everyday as it is getting shorter each day.

Thursday, September 17, 2009

Forex Euro/ Usd H1 - 17 September 09

Forex Euro/ Usd H1 - It's moving in the 3rd wave now and 3rd wave usually shorter than the 2nd wave. And if it break the support it will going to be a pull back.

Forex Euro/ Usd H4 - 17 September 09

Forex Euro/ Usd H4 - Another new higher support, once break down this support is going to be a pull back.

Forex Euro/ Usd Daily - 17 September 09

Forex Euro/ Usd Daily - yesterday candle is shorter, means the push is weakening down.

Wednesday, September 16, 2009

Forex Euro/ Usd H4 - 16 September 09

Forex Euro/ Usd H4 - it found a new support at the bottom of the channel. So if it break below the support it's going to be a pull back.

Forex Euro/ Usd Daily - 16 September 09

Forex Euro/ Usd Daily - the previous candle with very long legs shown a lot of support below.

Forex Euro/ Usd Weekly - 16 September 09

Forex Euro/ USd Weekly - it reach the weekly resistant 1.4719, so be cautious.

Tuesday, September 15, 2009

Forex Euro/ Usd H1 - 15 September 09

Forex Euro/ Usd H1 - it is forming a CUP & HANDLE pattern and the handle is moving in the bullish pennant. Once it break up the pennant it will go up higher.