Unemployment Rate – 3 Feb 2012 Euro/Dollar THV 4 Analyze

Posted by admin | Posted in Long Forex Trades | Posted on 03-02-2012

Forex 4 Hours Chart:

Still strong bullish trend. RSI is slowly going up and it is now at 47. We had red bearish divergence but trixes have now change color to green and are moving in parallel way.

Hourly Forex Chart:

Mega strong bullish trend. RSI is going up and is now at 68. Almost near overbought zone. Trixes are as well green and slowly turning to go up.

15 Minute Chart:

As well strong bullish trend. RSI is slowly going down and it is now at 54. Trixes are crossed and slow trix is red and moving in horizontal way. Fast trix is as well in horizontal position but it have change color to green.

5 Minute Chart:

As on all charts on this as well we have strong bullish trend. RSI is fast moving down and it is now at 42. We have 3 red bearish divergences but slow trix is still green and going up. Fast trix is red and is looking to cross slow trix.

Fibonacci Pivot Line is at 1,31413 and we have open at almost same line at 1,31430. Our price is as well near this lines and not yet decided where to go.

Support Lines:
1,31201
1,30993
1,30859
1,30729
1,30517
1,30310

Resistance Lines:
1,31625
1,31837
1,31967
1,32096
1,32308
1,32520

Plan:
We are still in bullish trend. This trend is really long for now and it is funny that we are not going up very fast so i don’t think it is wise to trade long. I will wait for trend change and ride early wave down.

Forex News:
Unemployment Rate, Non-Farm Employment Change and ISM Non-Manufacturing PMI are most important news for today. They will have impact on US Dollar. But they are coming out afternoon.

We will not enter a trade at this times:
9:30 – 11:30
14:00 – 15:00
15:30 – 16:30

10:00EUR
Final Services PMI
50.4
50.5
50.5
11:00EUR
Retail Sales m/m
0.4%
-0.8%
11:00EUR
Italian Prelim CPI m/m
0.2%
0.4%
14:30USD
Non-Farm Employment Change
150K
200K
14:30USD
Unemployment Rate
8.5%
8.5%
14:30USD
Average Hourly Earnings m/m
0.2%
0.2%
16:00USD
ISM Non-Manufacturing PMI
53.1
52.6
16:00USD
Factory Orders m/m
1.5%
1.8%

Fed Chairman Bernanke Testifies – 2 Feb 2012 Euro/Dollar THV 4 Analyze

Posted by admin | Posted in Long Forex Trades | Posted on 02-02-2012

Forex 4 Hours Chart:

Very strong bullish trend. RSI is going up and it is already at 60. Trixes are crossed and both are green. Both of them are going up.

Hourly Forex Chart:

As well on this chart we see strong bullish trend. RSI is again going up and it is already at 62. Slow trix is red and is slowly going down. Fast trix just turned to green color.

15 Minute Chart:

Very strong bullish trend. RSI is going up and it is at 67. We had red bearish divergence which is over now. We now have green trixes which are crossed and slowly going up.

5 Minute Chart:

Strong bullish trend. RSI is at 65 and is going back up. Trixes are both crossed and red. They are looking to go down. As well we have red bearish divergence.

Fibonacci Pivot Line is at 1,31338 and we have open above it at 1,31593. Since opening we are going slowly up.

Support Lines:
1,30973
1,30607
1,30385
1,30154
1,29789
1,29423

Resistance Lines:
1,31704
1,32069
1,32292
1,32514
1,32880
1,33246

Plan:
We are still in bullish movement. But we still didn’t brake that defensive line at 1,32069 and maybe we will bounce down from it or break it. If we brake we will for sure go up for some time.

Forex News:
Unemployment Claims and Fed Chairman Bernanke Testifies are most important news for today. Both of them will come from USA. So it will have impact on US Dollar. But today we have many medium importance news so it will be good trading day if you love to trade news.

We will not enter a trade between this times:
10:30 – 11:30
13:00 – 15:00
15:30 – 17:00

11:00EUR
PPI m/m
-0.1%
0.2%
13:30USD
Challenger Job Cuts y/y
30.6%
14:30USD
Unemployment Claims
373K
377K
14:30USD
Prelim Nonfarm Productivity q/q
1.0%
2.3%
14:30USD
Prelim Unit Labor Costs q/q
0.9%
-2.5%
16:00USD
Fed Chairman Bernanke Testifies
16:30USD
Natural Gas Storage
-129B
-192B

ISM Manufacturing PMI – 1 Feb 2012 Euro/Dollar THV 4 Analyze

Posted by admin | Posted in Long Forex Trades | Posted on 01-02-2012

4 Hours Forex Chart:

Neutral trend. RSI is heading down. It is near oversold zone. At this moment it hangs at 27. We now have another red bearish divergence. Both trixes are red and going down. This is third red bearish divergence in row and now we are actually going down.

Forex Hourly Chart:

Bullish trend. RSI is really fast and is going up. After checking oversold doors now RSI is at 58 and still going up very fast. Both trixes are green and going up. So this chart is not in same trend like 4 hours chart.

15 Minute Chart:

Very strong bullish trend. We are with RSI already high in overbought zone and just few hours ago we were in oversold zone. At this moment we are at 92. Trixes are both green and going up. Fast trix is already in overbought zone.

5 Minute Chart:

Bullish trend. We were in overbought zone and now we are trying to move out with our RSI line. At this moment we are at 69 and going down. We had failed red bearish divergence. Both trixes are now green and going up, but they are deep inside overbought zone.

Fibonacci Pivot Line is at 1,31125 and we have open below it at 1,30819, but right now we are back at Fibonacci Pivot Line.

Support Lines:
1,30796
1,30475
1,30273
1,30071
1,29750
1,29421

Resistance Lines:
1,31447
1,31768
1,31970
1,32172
1,32493
1,32822

Plan:
We are in high overbought zone and i m sure we should be going down soon. And 4 hours chart is in favor to that. So we can go very deep down if this happen. So i will get a early ride as soon as i get good signal.

Forex News:
ISM Manufacturing PMI and Construction Spending m/m are most important news for today. Both will effect US Dollar. Eurozone is once again in crisis because Greece situation is getting hotter. Greece will maybe leave EU zone. So expect some problems for Euro.

10:00EUR
Final Manufacturing PMI
48.8
48.7
48.7
11:00EUR
CPI Flash Estimate y/y
2.7%
2.8%
14:15USD
ADP Non-Farm Employment Change
189K
325K
16:00USD
ISM Manufacturing PMI
54.6
53.9
16:00USD
Construction Spending m/m
0.7%
1.2%
16:00USD
ISM Manufacturing Prices
49.5
47.5
16:30USD
Crude Oil Inventories
3.2M
3.6M
All DayUSD
Total Vehicle Sales
13.4M
13.5M

CB Consumer Confidence – 31 Jan 2012 Euro/Dollar THV 4 Analyze

Posted by admin | Posted in Long Forex Trades | Posted on 31-01-2012

4 Hours Chart:

Very strong bullish trend. RSI is going up and it is already at 66. After very short bearish divergence now we have bullish divergence. Fast trix is swinging back up and is green. Slow trix is still red.

Hourly Chart:

As well on this chart we have mega strong bullish trend. But RSI was inside overbought zone and is now going down very fast. It is already at 39. We had green bullish divergence, but that is over now. Fast trix is changing color to red and is swinging down.

15 Minute Chart:

Strong bullish trend. RSI is going up and it is now at 61. After a long bearish movement and trixes being in bearish mode. Now we have fast trix changing color to green. As well we have green bullish divergence.

5 Minute Chart:

Strong bullish trend. RSI is going up and it is now at 66. We had green bullish divergence and both trixes are green and going up. Fast trix is already near overbought zone.

Fibonacci Pivot Line is at 1,31485 and we have open just few pips below it at 1,31424. But since opening we went up above both lines.

Support Lines:
1,31197
1,30909
1,30732
1,30561
1,30273
1,29985

Resistance Lines:
1,31767
1,32054
1,32232
1,32409
1,32696
1,32978

Plan:
We are going up, but Euro Zone is in real trouble and is facing a new crisis with several countries. As well Standard and Poor say that they will reduce some ratings soon.

Forex News:
Both news that come out for EURO are not in favor of Euro. At this moment we are waiting for new news. But most important news of today is CB Consumer Confidence at 16:00. It will have impact on US Dollar.

We will not enter a trade at this times:
9:30 – 11:30
14:00 – 16:30

8:00EUR
German Retail Sales m/m
-1.4%
0.9%
-1.0%
8:45EUR
French Consumer Spending m/m
-0.7%
0.3%
0.1%
9:55EUR
German Unemployment Change
-8K
-22K
10:00EUR
Italian Monthly Unemployment Rate
8.6%
8.6%
11:00EUR
Unemployment Rate
10.4%
10.3%
14:30USD
Employment Cost Index q/q
0.4%
0.3%
15:00USD
S&P/CS Composite-20 HPI y/y
-3.3%
-3.4%
15:45USD
Chicago PMI
63.1
62.5
16:00USD
CB Consumer Confidence
68.2
64.5

Economic Summit – 30 Jan 2012 Euro/Dollar THV 4 Analyze

Posted by admin | Posted in Long Forex Trades | Posted on 30-01-2012

4 Hours Chart and Hourly Chart like always on Monday you can find in our Weekly Forex Analyze topic.

15 Minute Chart:

Bearish trend. But RSI is moving from down to up. It is moving up very fast. Right now it is at 54. Trixes were crossed and both were red. But not for long time, we already have green bullish divergence. And Fast trix have changed color to green.

5 Minute Chart:

Neutral trend. RSI is moving up very fast and it is already at 71. Both trixes are crossed and both are green. Both of them are going up. Fast trix is near overbought zone.

Fibonacci Pivot Line is at 1,31756 and we have open high above it at 1,32260. But since opening we are moving down.

Support Lines:
1,31461
1,31166
1,30980
1,30794
1,30499
1,30196

Resistance Lines:
1,32058
1,32353
1,32539
1,32726
1,33020
1,33323

Plan:
We are waiting for that credit lowering news for several Euro-zone country take a downswing. So far we don’t see this, but that is probably because of traders are speculating.

Forex News:
Some news will be active for whole day. German Prelim CPI m/m and EU Economic Summit. And this two news are at medium importance so we can see big movements during the whole day. For US Dollar news will start at 14:30 and there will be some medium importance news as well. So we should not enter a trade between 14:00  and 15:00.

All DayEUR
German Prelim CPI m/m
-0.4%
0.7%
All DayEUR
EU Economic Summit
14:30USD
Core PCE Price Index m/m
0.1%
0.1%
14:30USD
Personal Spending m/m
0.2%
0.1%
14:30USD
Personal Income m/m
0.4%
0.1%

Weekly Forex Analyze For 30 Jan to 3 Feb 2012

Posted by admin | Posted in Weekly and Daily Wake up | Posted on 30-01-2012

Weekly Forex Chart:

Last 2 weeks where strong bullish weeks. But this week we have started in bearish movement. RSI is going up very fast. At this moment it is at 59. As well we have now green bullish divergence and both trixes are green and going up.

Daily Chart:

Strong bullish trend. But RSI is inside overbought zone. Right now it is at 87 and still going up. We have 2 green bullish divergences. Both trixes are green. Both of them are going up. Fast trix is already in overbought zone.

4 Hours Chart:

Neutral trend. RSI is moving slowly down and away from overbought zone. Right now it is at 56. Both trixes are red. And trixes are one on top of other. They are not moving anywhere.

Hourly Chart:

Neutral trend as well. RSI was moving fast into oversold zone. Right now it is at 17 and it is still going down. Trixes are crossed and both are red. As well we had 2 red bearish divergences. Fast trix is near oversold zone.

Weekly Fibonacci Pivot Line is at 1,28457 and we are still moving high above it. We are at 1,31611.

Weekly Support Lines:
1,27755
1,27078
1,25974
1,24846
1,24169
1,23467

Weekly Resistance Lines:
1,29561
1,30689
1,31366
1,32068
1,33272
1,34275

Plan:
As we see trends are changing week after week. Bad news for Euro-zone and lowering credit ratings for several country’s did not yet make a impact on market, so expect that in following days.

Advance GDP – 27 Jan 2012 Euro/Dollar THV 4 Analyze

Posted by admin | Posted in Long Forex Trades | Posted on 27-01-2012

4 Hours Chart:

Bullish trend. RSI is going down after being at doors of overbought zone. Right now it is at 46. Trixes are giving bearish red divergence. As well trixes are crossed and both are red.

Hourly Chart:

Neutral trend on this chart. RSI is going back down and it is now near oversold zone. Right now it is at 32. Trixes are crossed and both are green. But before we had 2 red bearish divergences.

15 Minute Chart:

On this chart things are different. Here we have bearish trend. RSI is going up after touching oversold zone. Right now it is at 37. Slow trix is for long time red and fast trix is very close to him. But fast trix just changed color to green.

5 Minute Chart:

On this chart we have strong bullish trend. RSI is going up fast and it is already at 71. But before that it was near oversold zone. Trixes are crossed and both are green and going up.

Fibonacci Pivot Line is at 1,31266 and we have open deep below it at 1,31075. And we are right now moving around it.

Support Lines:
1,31088
1,30909
1,30799
1,30690
1,30511
1,30333

Resistance Lines:
1,31445
1,31624
1,31733
1,31847
1,32025
1,32204

Plan:
Last day in a week and we need to be smart now. Trends are once again not in same direction. So we should be cautious. We have open below Fibonacci Pivot Line and maybe we should look for bearish. But i will be happy to take bullish as well but will need strong signal.

Forex News:
Advance GDP q/q is the only important news for today. This important news will have impact on US Dollar and will come out at 14:30.

We will not enter a trade at this times:
9:30 – 10:30
13:45 – 15:00
15:25 – 16:30

8:00EUR
German Import Prices m/m
0.3%
0.3%
0.4%
10:00EUR
M3 Money Supply y/y
2.2%
2.0%
10:00EUR
Private Loans y/y
2.1%
1.7%
Day 3ALL
WEF Annual Meetings
14:15EUR
ECB President Draghi Speaks
14:30USD
Advance GDP q/q
3.0%
1.8%
14:30USD
Advance GDP Price Index q/q
2.0%
2.6%
15:55USD
Revised UoM Consumer Sentiment
74.2
74.0
15:55USD
Revised UoM Inflation Expectations
3.2%
16:00USD
FOMC Member Dudley Speaks

New Home Sales – 26 Jan 2012 Euro/Dollar THV 4 Analyze

Posted by admin | Posted in Long Forex Trades | Posted on 26-01-2012

4 Hours Chart:

Very strong bullish trend. RSI is going up very fast and is already at doors of overbought zone. Right now it is at 75. Trixes are crossed and both are green. Trixes are going up.

Hourly Chart:

Already neutral trend. RSI is moving down. After being in overbought zone now RSI is moving down. It is at 52 already. Trixes are both crossed and both are in red color. Trixes are going down.

15 Minute Chart:

Neutral trend as well. RSI is now trying to go back up after going down for some time. We had 2 red bearish divergences and both trixes are red. Trixes are crossed and going down.

5 Minute Chart:

Strong bullish trend for long time. RSI is going up and it is already at 55. We had red bearish divergence but that is over now, and now trixes turned color to green and are crossed.

Fibonacci Pivot Line is at 1,30515 and we have open high above it at 1,31049. And so far we are moving around opening line.

Support Lines:
1,30158
1,29794
1,29573
1,29344
1,28988
1,28624

Resistance Lines:
1,30879
1,31235
1,31464
1,31685
1,32049
1,32406

Plan:
We have open above Fibonacci Pivot Line and trends are saying that we will go bullish. So i will wait for good spot and try to trade some coins into bullish or if i see some bad news i will gladly take a dive.

Forex News:
Most important news will come afternoon. This important news are: Core Durable Goods Orders m/m, Unemployment Claims and New Home Sales. This news will have impact on US Dollar. This important Forex news will come out at  14:30 and 16:00.

But we will not enter a trade between this times:
14:00 – 15:00
15:30 – 17:00

8:00EUR
GfK German Consumer Climate
5.9
5.6
5.7
Day 2ALL
WEF Annual Meetings
14:30USD
Core Durable Goods Orders m/m
0.9%
0.3%
14:30USD
Unemployment Claims
371K
352K
14:30USD
Durable Goods Orders m/m
2.1%
3.7%
16:00USD
New Home Sales
321K
315K
16:00USD
CB Leading Index m/m
0.7%
16:30USD
Natural Gas Storage
-91B
-87B

FOMC Statement – 25 Jan 2012 Euro/Dollar THV 4 Analyze

Posted by admin | Posted in Long Forex Trades | Posted on 25-01-2012

4 Hours Chart:

Strong bullish trend. RSI is once again going up and at this moment it is at 58. Trixes are red and going down. As well we have red bearish divergence. They are not going down very fast so swing back up is possible.

Hourly Chart:

Very strong bullish trend. RSI is going up and it is at 58. Slow trix is green for some time. Fast trix is red and is looking to cross over slow trix. We had green bullish divergence but it looks like this is over now.

15 Minute Chart:

Very strong bullish trend. RSI is going up and it is already at 72. It is near overbought zone. We had 2 red bearish divergences and it looks like both of them failed to produce any bearish movement.

5 Minute Chart:

Very strong bullish trend. RSI is going up very fast. It is already near overbought zone. It is at 74. Trixes both changed color to red and are facing to go down.

Fibonacci Pivot Line is at 1,30164 and we have open just few pips above it at 1,30353 and for now are moving between this two lines.

Support Lines:
1,29961
1,29753
1,29624
1,29496
1,29288
1,29080

Resistance Lines:
1,30372
1,30580
1,30709
1,30838
1,31041
1,31249

Plan:
We are slowly going up. There is more and more resistance and maybe we will turn down soon. But for now trend is bullish and it is not smart to trade against trend.

Forex News:
President Obama had a speak at 3:00, but that did not change many things. Most important news are: German Ifo Business Climate, Pending Home Sales m/m, FOMC Statement and FOMC Press Conference. Be very cautious during that time.

We will not trade between:
9:30 – 10:30
13:45 – 14:45
15:30 – 17:00
18:00 – 19:00
19:45 – 20:45

3:00USD
President Obama Speaks
10:00EUR
German Ifo Business Climate
107.6
107.2
10:00EUR
Italian Retail Sales m/m
-0.1%
0.1%
Day 1ALL
WEF Annual Meetings
14:15EUR
ECB President Draghi Speaks
16:00USD
Pending Home Sales m/m
-0.6%
7.3%
16:00USD
OFHEO HPI m/m
0.3%
-0.2%
16:30USD
Crude Oil Inventories
0.9M
-3.4M
18:30USD
FOMC Statement
18:30USD
Federal Funds Rate
<0.25%
<0.25%
20:15USD
FOMC Press Conference

ECOFIN Meetings – 24 Jan 2012 Euro/Dollar THV 4 Analyze

Posted by admin | Posted in Long Forex Trades | Posted on 24-01-2012

4 Hours Chart:

Very strong bullish trend. RSI come to doors of overbought zone but turned down. And now is not going anywhere. It is at 69. Slow trix is still red and going down. But fast trix is near slow trix and is green and is looking to cross over.

Hourly Chart:

Bullish trend. RSI is going up very fast and is already near overbought zone. Right now is at 74. Slow trix is still red and going down. But fast trix have changed color to green and gave us green bullish divergence. It is looking to cross over slow trix.

15 Minute Chart:

Mega strong bullish trend. RSI is going down after being in oversold zone. Right now it is already at 49. Slow trix is green and is going up. Fast trix have cross over and is red.

5 Minute Chart:

Very strong bullish trend. RSI is switching to go up and is now at 42. Trixes are red and very close to each other. They are about to cross over.

Fibonacci Pivot Line is at 1,29798 and we have open high above it at 1,30132 and right now we are moving around opening line.

Support Lines:
1,29458
1,29124
1,28916
1,28702
1,28368
1,28028

Resistance Lines:
1,30132
1,30472
1,30680
1,30888
1,31229
1,31562

Plan:
We have bullish trend all around and when we get some good signal from trixes we should go and trade bullish. But there is at the moment pretty strong resistance line so i will wait to see if we break it.

Forex News:
Maybe yesterday we didnt have news, but today we have many important and not so important news. Some are already out.

We will not trade between this times:
9:30 – 11:30
14:30 – 16:30

9:00EUR
French Flash Manufacturing PMI
48.5
49.2
48.9
9:00EUR
French Flash Services PMI
51.7
50.5
50.3
9:30EUR
German Flash Manufacturing PMI
50.9
49.1
48.4
9:30EUR
German Flash Services PMI
54.5
52.6
52.4
10:00EUR
Flash Manufacturing PMI
47.4
46.9
10:00EUR
Flash Services PMI
49.1
48.8
All DayEUR
ECOFIN Meetings
11:00EUR
Industrial New Orders m/m
-2.1%
1.8%
15:00EUR
Belgium NBB Business Climate
-10.1
-10.6
16:00USD
Richmond Manufacturing Index
6
3