Insider's to Forex Trading Secrets

EUR/USD Daily Outlook

Action Insight (All Reports) — Mon, 06 Sep 2010 08:02:34 +0000

We continue to stay neutral as EUR/USD is testing 1.2921 resistance. As long as this resistance holds, we’d still expect fall from 1.3330 to resume sooner or later. Below 1.2776 minor support will flip intraday bias back to the downside. Further break of 1.2587 will target 61.8% retracement of 1.1875

EUR/USD Daily Outlook is a post from: Insider's to Forex Trading Secrets

GBP/USD Daily Outlook

Action Insight (All Reports) — Mon, 06 Sep 2010 08:01:48 +0000

Intraday bias in GBP/USD remains neutral as consolidations from 1.5326 continues. While some more sideway trading might be seen, upside is expected to be limited by 1.5596 resistance and bring resumption of fall from 1.5997. Below 1.5326 will target 1.5123 cluster support (50% retracement of 1.4230 to 1.5997 at 1.5114).

GBP/USD Daily Outlook is a post from: Insider's to Forex Trading Secrets

USD/CHF Daily Outlook

Action Insight (All Reports) — Mon, 06 Sep 2010 07:59:37 +0000

Intraday bias in USD/CHF remains neutral as sideway consolidations from 1.0064 continues. Stronger recovery cannot be ruled out but short term outlook remains bearish as long as 1.0330 resistance holds and another fall is still expected. Below 1.0064 will target parity next. Note that we’d anticipate strong support at around

USD/CHF Daily Outlook is a post from: Insider's to Forex Trading Secrets

USD/JPY Daily Outlook

Action Insight (All Reports) — Mon, 06 Sep 2010 07:56:26 +0000

Intraday bias in USD/JPY remains neutral as sideway consolidations continues. Another rise cannot be ruled out and above 85.89 will bring stronger rebound. But even in such case, upside should be limited well below 88.25 support turned resistance and bring another fall. On the downside, break of 83.61 will confirm

USD/JPY Daily Outlook is a post from: Insider's to Forex Trading Secrets

GBP/JPY Daily Outlook

Action Insight (All Reports) — Mon, 06 Sep 2010 07:40:33 +0000

Intraday bias in GBP/JPY remains neutral for the moment and sideway consolidations from 128.63 might continue. But upside all, upside is expected to be limited below 133.57 resistance and bring resumption of fall from 137.73 sooner or later. Break of 128.63 will target a test on 126.73 low next. Though,

GBP/JPY Daily Outlook is a post from: Insider's to Forex Trading Secrets

EUR/JPY Daily Outlook

Action Insight (All Reports) — Mon, 06 Sep 2010 07:37:01 +0000

As noted before, EUR/JPY’s consolidation from 105.42 is still in progress and further rise could be seen to above 109.54. But after all, even in that case, upside is still expected to be limited by 111.09 cluster resistance and bring resumption of fall from 114.72. Below 107.45 minor support will

EUR/JPY Daily Outlook is a post from: Insider's to Forex Trading Secrets

EUR/GBP Daily Outlook

Action Insight (All Reports) — Mon, 06 Sep 2010 07:33:35 +0000

Intraday bias in EUR/GBP remains mildly on the upside for 0.8361 resistance. As noted before, fall form 0.8530 should have completed at 0.8141 already. Break of 0.8361 will target 0.8530 and above. On the downside, break of 0.8247 support is needed to indicate that rebound form 0.8141 is finished. Otherwise

EUR/GBP Daily Outlook is a post from: Insider's to Forex Trading Secrets

EUR/CHF Daily Outlook

Action Insight (All Reports) — Mon, 06 Sep 2010 07:32:57 +0000

Intraday bias in EUR/CHF remains mildly on the upside for the moment as recovery from 1.2850 continues. As noted before a short term bottom is formed at 1.2850 and further rise could be seen to 1.3270/3455 resistance zone but upside should be limited there and bring resumption of the fall

EUR/CHF Daily Outlook is a post from: Insider's to Forex Trading Secrets

AUD/USD Daily Outlook

Action Insight (All Reports) — Mon, 06 Sep 2010 07:17:43 +0000

Intraday bias in AUD/USD remains on the upside for the moment and further rise should be seen to 0.9220 resistance first. Break will confirm that whole rebound from 0.8066 has resumed and should target 61.8% projection of 0.8315 to 0.9220 from 0.8770 at 0.9329 next. On the downside, below 0.9064

AUD/USD Daily Outlook is a post from: Insider's to Forex Trading Secrets

USD/CAD Daily Outlook

Action Insight (All Reports) — Mon, 06 Sep 2010 07:05:10 +0000

Intraday bias in USD/CAD remains on the downside with 1.0470 minor resistance intact. As noted before, rebound from 1.0106 should be finished at 1.0671 already, after failing 1.0675 resistance. USD/CAD is still bounded inside sideway trading in range of 1.0106 and 1.0851. Further decline could now be seen to 1.0246

USD/CAD Daily Outlook is a post from: Insider's to Forex Trading Secrets