Point and Figure for Forex. Any pair.Charts.

MDunleavy · Newbie Joined: Mar 30, 2011 Posts: 86

CL had a positive day for the Friday session as traders continue to buy commodities in general. The market looks like it wants to attempt a breakout above the recent highs of $103 and if it does – this could be the beginning of the next massive leg up in the market. However, we expect the area to actually be more resistance than the market is ready to go up against at the moment. We are buyers, but will need to see a pullback first.
[meta4forexbroker]

https://docs.google.com/document/pub?id=1k-LK7SJO6d2Ep1R9z2ln5_GA5rSGeqp6dp2xIgiZ-1c#id.6dku2saylq6t

MDunleavy · Newbie Joined: Mar 30, 2011 Posts: 86

...In the bigger picture, there is still no clear sign of long term trend reversal yet and price actions from 1923.7 would still be finally unfolded as correction/consolidation only. Though, the consolidation pattern would likely extend below 1923.7 for a while and rally attempt should face strong resistance near to this level. We'd anticipate another falling leg before such consolidation completes. And in such case, downside should be contained by 1478.3/1577.4 support zone...[by oilngold]

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~~~>http://iticsoftware.com/postimages2//201009/11Dec10.html
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~~~>http://img690.imageshack.us/img690/4721/11dec10.pdf
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MDunleavy · Newbie Joined: Mar 30, 2011 Posts: 86

Gold dropped to as low as 1562.5 last week before forming a temporary low there and recovered. Initial bias is neutral this week for some consolidations. But recovery should be limited below 1667.1 support turned resistance and bring another fall. Below 1562.5 will target 1535 key support and below...[by oilngold]

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MDunleavy · Newbie Joined: Mar 30, 2011 Posts: 86

USD/CHF rose a bit during the Friday session as the pair continues to grind higher. The 0.93 level that was broken above recently has been very supportive over the last week, and we think this is a possible sign of things to come. The pair is being supported by the fact that the Swiss National Bank is working against the value of the Franc and this should continue to push this pair higher. Also, the Dollar is the safe haven everyone wants. Because of this, we are buying this pair overall, and especially on dips.[by forextv]

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~~~>http://iticsoftware.com/postimages2//201009/11Dec25.html
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~~~>http://img521.imageshack.us/img521/929/11dec25.pdf
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MDunleavy · Newbie Joined: Mar 30, 2011 Posts: 86

*Forexpros – The U.S. dollar dipped against the Swiss franc in subdued trade on Friday, trimming some of the week’s gains as sustained concerns over the debt crisis in the euro zone supported safe haven demand.
*USD/CHF hit 0.9469 on Thursday, the pair’s highest since December 15; the pair subsequently consolidated at 0.9384 by close of trade on Friday, shedding 0.19% over the week.
*The pair is likely to find support at 0.9266, the low of December 20 and resistance at 0.9477, the high of December 13.
*Trading volumes remained low seeing as many traders closed books to lock in profit before the end of the year, reducing liquidity in the market and increasing volatility

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MDunleavy · Newbie Joined: Mar 30, 2011 Posts: 86

Forexpros - The Euro was lower against the U.S. Dollar on Sunday. EUR/USD was trading at 1.2677, down 0.33% at time of writing. The pair was likely to find support at 1.2667, today's low, and resistance at 1.3077, Tuesday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.26% to hit 0.8224 and EUR/JPY falling 0.42% to hit 97.47.

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~~~>http://iticsoftware.com/postimages2//201009/12Jan08.html
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~~~>http://img819.imageshack.us/img819/3411/12jan09.pdf
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A t t a c h m e n t

MDunleavy · Newbie Joined: Mar 30, 2011 Posts: 86

EUR/USD rose during the Thursday session as traders celebrated successful bond auctions in both Italy and Spain. However, the recent downtrend is certainly intact, and it is hard to think that it suddenly will give way based upon these two sales. The 1.30 level above is the start of significant resistance, and we are looking to sell weakness in that area if it appears. The candle does suggest some possible follow through over the next day or two, but we aren’t willing to won the Euro in general and there are simply far too many problems in that part of the world right now. We are selling rallies going forward.[by forex-download]

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A t t a c h m e n t (1) <~~OR~~> A t t a c h m e n t (2)

MDunleavy · Newbie Joined: Mar 30, 2011 Posts: 86

GBP/USD rose again on Monday as traders continue to sell off the US dollar in general. The Pound did well against the Greenback, but only marginally so. The rise was somewhat tempered by the 1.56 level, and we saw the pair pullback a bit. We are still bearish of this market overall, but think that a rise to test 1.57 again is very possible at this point.

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~~~>http://iticsoftware.com/postimages2//201009/12Jan24.html
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~~~>http://fforeman.byethost17.com/12Jan24.html
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A t t a c h m e n t (1) <~~OR~~> A t t a c h m e n t (2)

MDunleavy · Newbie Joined: Mar 30, 2011 Posts: 86

*The British pound had another stellar week, climbing almost 200 pips against the US dollar, and breaking the 1.57 level. The upcoming week has seven releases, including GDP. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD.
*The dollar weakened against most major currencies following Bernanke’s announcement that interest rates will likely remain near zero until late 2014. This was despite solid economic data coming out of the US.

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A t t a c h m e n t (1) <~~OR~~> A t t a c h m e n t (2)

MDunleavy · Newbie Joined: Mar 30, 2011 Posts: 86

USD: From its lowest levels since early December of just below 78.50, the DXY index rallied as risk sentiment turned less hospitable. Even so, the DXY index remains below its 100-dma at 78.749.

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~~~>http://fforeman.byethost17.com/12Feb08.html
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~~~>http://iticsoftware.com/postimages2//201009/12Feb08.html
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MDunleavy · Newbie Joined: Mar 30, 2011 Posts: 86

The dollar has risen versus its major currency counterparts despite a late week downside correction; this came after the heavily weighted EUR/USD currency pair rallied almost 200 pips on Thursday along with cable and other majors...[by forex-fx-4x]

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~~~>https://docs.google.com/leaf?id=0AhxKzvQ2GlM8dDBqYWl6XzlEbFZDWFVob0FMbG9nbGc&sort=name&layout=list&num=50
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~~~>https://docs.google.com/document/pub?id=1Y5rnn301l8-O_xROiUY15UzqwhHoCWipS6mND6YTepY

MDunleavy · Newbie Joined: Mar 30, 2011 Posts: 86

On DXY if we get a pullback next week toward 78.50-ish we'd have a very mini head and shoulders bottom that could then manage to get up through this downtrend line/resistance. If I am wrong on this I think it's that we cross the downtrend line, head toward the spike near 80 and then pullback to retest the downtrend line. Either way I continue to think the dollar moves higher for now.[By Real Money Pro]

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~~~>https://docs.google.com/open?id=0BxxKzvQ2GlM8ZWJmZDFjNTgtNGRmOC00MmI2LWEzODItZWE1NzNmOGQ5YWI1
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~~~>http://img252.imageshack.us/img252/3377/12mar04.pdf
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A t t a c h m e n t

MDunleavy · Newbie Joined: Mar 30, 2011 Posts: 86

Heard they’re behind the sharper fall just now from around 0.8260 to recent day’s lows of 0.8235. There is talk of sell stops now poised on a break of 0.8230 ahead of more bids at 0.8200/10 and sell stops on a break down of o.8200.[ by forexlive]

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~~~>http://img819.imageshack.us/img819/2316/12mar19.pdf
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~~~>https://docs.google.com/open?id=0BxxKzvQ2GlM8YjczZWY4ZTQtOTJiYS00Y2IxLTllZGItNjU4YjM1NTM2NjY2

MDunleavy · Newbie Joined: Mar 30, 2011 Posts: 86

Much has been said about the 'obvious' H&S formation on the Daily chart. While I recognize this, I believe that said formation is failing with late week price action for which I am continuing longing even before the dreaded 1.3300. Again, there seems to be an inverted H&S on the H4 which pits it to the bulls. Break above Friday high would be above the neckline of said inversion and we should see some bullish action there off.[By forex4noobs]
LARGE PICTURE

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~~~>https://docs.google.com/open?id=0BxxKzvQ2GlM8ZmRlMjViOTMtNjAyMS00NzUxLWFjMjEtODk0ZjFlNzg5YzQ5
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~~~>http://img832.imageshack.us/img832/5033/12mar25.pdf
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~~~>https://docs.google.com/document/pub?id=1Y5rnn301l8-O_xROiUY15UzqwhHoCWipS6mND6YTepY#id.4lkg9t4ejr1o

MDunleavy · Newbie Joined: Mar 30, 2011 Posts: 86

Over the last six months gains above 1.6000 have been limited and have attracted heavy selling. Sterling has fallen two big figures from this week’s high with the help of the QE3 postponement in the US. This weakness has caused the rate to fall back beneath the 100 day moving average at 1.5831. Strong US jobs data for March would undermine the rate further.
[by livetradingnews]

Learn more :
~~~>http://img38.imageshack.us/img38/4254/12apr09.pdf
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~~~>https://docs.google.com/open?id=0BxxKzvQ2GlM8YzZjYTc3NGEtZDYzOS00ZTQwLWFmNTQtOGI4NWEyZDhkODU0
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