¨¨Expectations

[ayitin69]

Gbp/jpy (Intraday)

Gbp/jpy is in a consolidation after the last bullish movement and moves without trend with low volatility. Trend Indicator appears to be in a bullish configuration. The price should find resistances at 201.00 and 202.00. The supports are expected to be at 199.90 and 199.30.
Trade with care

 

[ayitin69]

Usd/cad

Usd/cad is in a range between 1.0130 and 1.0300 and moves without trend and swings around EMA with low volatility. Bollinger bands are flat. The resistances expected at 1.0230 and 1.0300. The supports expected at 1.0130 and 1.0080.
Trade with care.

 

[ayitin69]

Usd/jpy (Intraday)

Usd/jpy moves without trend and swings around exponential moving averages with decreasing volatility. Bollinger bands are tightened. The price should continue to move in 99.50 and 101.00 range. The resistances should be at 100.25 and 101.00. The supports are expected to be at 99.75 and 98.50.
Trade with care.

 

[Kumali]

Banyak ke dah untung bro.

 

[ayitin69]

Banyak ke dah untung bro.

Hello Kumali,
Can you write in english, please

 

[ayitin69]

Euro/dollar made little progress on Friday, but the medium term outlook is bullish (remains long).

Initial resistance remains at 1.5858. This is followed by 1.5904 from a pivot high. The next level is 1.5970. Distant resistance now comes at 1.6160.

Immediate support is still seen at 1.5745. Below 1.5655, there is distant support at 1.5480 with rising oscillators.

 

[muhammad kazim]

SELL EURUSD @1.5790, SL @1.5805, TP @1.5780
Signal Time: April 15, 2008 02:25 GMT
STATUS: -ON-

 

[muhammad kazim]

As aussie has penetrated minor res at 0.9260,
suggesting the decline fm 0.9349 has possibly ended
y'day at 0.9205 n consolidation with upside bias
remains for gain to 0.9283, however, reckon 0.9305/
10 wud hold fm here.

Buy on dips with stop as indicated n only below
0.9205 wud risk one more fall twds 0.9178...

 

[muhammad kazim]

While the triangle pattern is yet to be triggered, as long as the pair continues to pressure the 1.5895/1.5912 levels, its 2008 highs, risk for a break higher remains especially judging by the fact that the said pattern is a continuation one. Ultimately breaking and holding above the 1.5895/1.5912 levels will set the stage for further upside gains towards the 1.6000 and the 1.6100 levels, its psycho levels followed by its 1.618 Fib Ext at 1.6275 and then a distant resistance at the 1.6465 level, the location of its ascending triangle price target.

 

[muhammad kazim]

Housing Market in Focus
The housing sector started the financial turmoil and for the
time being, the focus in the FX and money markets remains among other things on the housing sector. RICS from the UK unveiled the worst figures since it started compiling data approximately 30 years ago. The pound is once again the “victim” of the financial turmoil led by weakening housing markets and the consequence as we see it, is that the pound will be under pressure once again today. RICS blames the fall on the tightened lending conditions, which could also be observed when BoE cut interest rates by 25bps last week. BoE’s bank rate was lowered to 5%, however, the GBP Libor fixings did hardly move from before the announcement and mortgage lenders did not lower their mortgage rates either. From the US, the NAHB Housing Index is due in the evening and will give us an indication of the degree of the optimism (pessimism?) in the US housing sector. The neutral limit for the NAHB is around 50 whereas the figure was 20 last month. We are quite pessimistic about today’s release and market surveys calls for a figure around 20 this month as well