Dollar & Yen Still Favored but Consolidation is Expected on Loss of Momentum

>> Friday, December 18, 2009

EURUSD @ 1.43826 BEARISH 22/100
EURUSD Trade Idea: GO/STAY SHORT




GBPUSD @ 1.61829 BEARISH 28/100
GBPUSD Trade Idea: GO/STAY SHORT




GBPJPY @ 145.021 BEARISH 24/100
GBPJPY Trade Idea: GO/STAY SHORT




USDJPY @ 89.606 BEARISH 14/100
USDJPY Trade Idea: GO/STAY SHORT




AUDUSD @ 0.8881 BEARISH 22/100
AUDUSD Trade Idea: GO/STAY SHORT




USDCAD @ 1.06731 BULLISH 6/100
USDCAD Trade Idea: STAY OUT

FOREX trading involves a great degree of financial risk. Being involved in currency trading requires prior consideration of all relevant aspects regarding your investment, including (but not restricted to) being able to suffer losses without that negatively affecting your lifestyle. Please be aware that if you choose to trade forex based on any information available on this website (http://fxtrendmeter.com) you are assuming full responsibility regarding the results of your trading activity.

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Dollar on a Strong Trend Across the Board, Continuation Expected

>> Thursday, December 17, 2009

EURUSD @ 1.43935 BEARISH 53/100
EURUSD Trade Idea: GO/STAY SHORT




GBPUSD @ 1.62434 BEARISH 52/100
GBPUSD Trade Idea: GO/STAY SHORT




GBPJPY @ 146.326 BULLISH 6/100
GBPJPY Trade Idea: STAY OUT




USDJPY @ 90.076 BULLISH 49/100
USDJPY Trade Idea: GO/STAY LONG




AUDUSD @ 0.88849 BEARISH 44/100
AUDUSD Trade Idea: GO/STAY SHORT




USDCAD @ 1.06906 BULLISH 59/100
USDCAD Trade Idea: GO/STAY LONG

FOREX trading involves a great degree of financial risk. Being involved in currency trading requires prior consideration of all relevant aspects regarding your investment, including (but not restricted to) being able to suffer losses without that negatively affecting your lifestyle. Please be aware that if you choose to trade forex based on any information available on this website (http://fxtrendmeter.com) you are assuming full responsibility regarding the results of your trading activity.

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Dollar Still Well Supported, Yen Weak

>> Wednesday, December 16, 2009

EURUSD @ 1.45383 BEARISH 40/100
EURUSD Trade Idea: GO/STAY SHORT




GBPUSD @ 1.62447 BEARISH 53/100
GBPUSD Trade Idea: GO/STAY SHORT




GBPJPY @ 145.291 BULLISH 14/100
GBPJPY Trade Idea: STAY OUT




USDJPY @ 89.429 BULLISH 22/100
USDJPY Trade Idea: GO/STAY LONG




AUDUSD @ 0.89906 BEARISH 49/100
AUDUSD Trade Idea: GO/STAY SHORT




USDCAD @ 1.06092 BULLISH 36/100
USDCAD Trade Idea: GO/STAY LONG

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