20050729 The buy signal 2 days ago would have got a good profit, depending on trade management. Today's candlestick is a doji, indicating balance between buyers and seers, with CCI between -100 and +100. Waiting for next signal. Patience is one of the vital factors in trading. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050728 EURUSD cash hourlies TLB was possible trigger. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050728 EUR futures daily another buying candlestick, continuation of expected upmove. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050727 candlestick shows a bullish pattern, with buying interest overwhelming selling. Buying above today's opening range is a high probability strategy for short term trade. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050726 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050626 Eurofx futures daily 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050727 10:34 EST. Cash EurUsd chart testing bottom trend line, actually penetrated, but has rallied back above. Closing below this line may signal a resumption of the downtrend. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050722 5:00 am EST. Since the breakout from the trendline at 1.2030, despite the volatility the Eurousd long turned out to be a good one. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

2005072 China announces change in the yuan peg and moe to a managed float.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050720 9:05 pm EST. Hourly cash eurusd chart. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050720 So it seems the upmove is the outcome. Looking or retest of the previous high 1.2270 on Eurofx futures, cash eurusd likewise. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050719 Yesterday's attempt at the lows was met by buying pressure resulting in a hammer candlestick, indication of bulls beating back the bears for the euro. Look for continuatin of up move possible. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050719 7:58 am EST. Downside break continues, turns out to be good trade. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050719 Hourly charts show the break of the support line, now retracing to retest. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050718 Still within ranges, consolidating non directional trade. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050718 The Euro is within a descending triangle, having bounced twice of the support line below. Looking for breakout either side. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050715 Wigh the break below the low of the inside day candlestick, looks like the break out trde is short to the downside. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050714 Resistance remains the 34 ema of 1.2330. Have an ID/NR4, inside day narrowest range of last 4 days. This indicates possibility of breakout either side 1.2060-1.2160. Given the strength of the impulse upmove, I'd be leaning towards upside break out. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050714 Have a support trendline under the market after the retracement. Because the impulse upwae was quite strong, I'd expect at least a retest o the highs. Then see if the Euro has enough strength to continue the uptrend.(on the hourly chart basis) 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050713 8:45 am EST This breakout was a good one. Wht next? Could be that the trend changed to up, so best to look for stome reentry on retracement. News now says oil rich countries have more dollars in their cofers to sel due to oil price going above US62 per barrel, plus central banks looing to sell USD in favour of Euros to diversify their reserve holdings. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050712 Early European morning trade 15 min chart shows uptrend. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050712 Breakout was decisive. That level now becomes support. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050711 10:30 am EST update. Mov avg provides support at 1.2030 on the futures for the long breakout out of the triangle on the hourly cash chart. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050708 Hourly chart breakout on upside for eurusd cash. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050708 Still sluggish on downside momentum since the breakdown of the 4 hr chart. Needs daily CCI to move decisively below -100 for good acceleration of the price to the mid teens level below 1.1700. Mov avg resistance is 1.2050. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20050706 Got some profit from the downside break of the 4 hour chart. But tough going on the downside with sluggish movement, coupled with the multiplicity of divergences on the CCI. 

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart