Friday, October 31, 2008

The big picture


The retracement in the USD bull run, is just that a retracement in the uptrend.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

Wednesday, October 29, 2008


20081030 AUDUSD continues to rally.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart


20081029 1022 EST. AUDUSD has moved up nicely to 0.6645.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart


20081029 Long would be in between the 12 and 24 ema, ie between 0.6360 and 0.6400 area.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

Tuesday, October 28, 2008


20081029 AUDUSD is on the rebound, the selloff recently may have been too irrational, so we are looking to trade pullbacks in the uptrend in the hourly charts.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

Friday, October 24, 2008


20081024 1046 EST. The USDCHF spikes up again. Will probably see a period of retracement in the week ahead.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

Wednesday, October 22, 2008



20081022 US Dollar had a big advance against most major currencies today. The longs on USDCHF are garnering profits, while some are still saying, "But the monthly chart shows that this is a healthy retracement in the US dollar bear market." Probably from Lehman Brothers.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

Tuesday, October 21, 2008


20081022 0330 GMT. USDCHF continues its uptrend and advance, so the US Dollar rally is still underway.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

Thursday, October 16, 2008


20081016 US dollar rally is still intact, as long as the 15 and 50 exponential moving averages don't cross down.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

Thursday, October 02, 2008


20081002 0900 EST. Rally in the US dollar reaches a critical point. Will it double top out, or head for the extension level off the recent daily retracement.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart