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  #1  
Old 03-09-2009, 08:44
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Over the past week, the dollar has maintained its high-level volatility; but the pace of the market still has not translated into direction. This is partially a consequence of thin liquidity through the end of the summer and into the long, holiday weekend; but the same general affliction for the broader speculative market suggests the unusual calm has deeper fundamental roots.[dailyfx]

The Euro takes center stage with the European Central Bank set to announce interest rates and update their economic outlook for the Euro Zone. UK Services PMI and EZ Retail Sales are also on tap.

P&F EURUSD1 Box Size 4X4 or(0.11%) CLOSE
Data 1.4311 - 1.4194 ~ 0 Month ~ 1.05 Day
Database 1500 records [COLOR="DarkOrange"]1.42956 (Last Close)[/COLOR]
[COLOR="Blue"]2009-09-02 08~30
2009-09-03 09~41[/COLOR] (GMT+01:00) Paris

BJF Trading Group

1.4312|~4||||_____________________________________ _____________________|-0.01%|0.83%
1.4308|~8||||_____________________________________ _________________x___|0.02%|0.8%
1.4304|~12|||_____________________________________ _________________x_o_|0.05%|0.77%
1.4300|~16|||_____________________________________ _________________x_o_|0.08%|0.75%
1.4296|~2O|||_____________________________________ _________________x_o_|0.1%|0.72%
1.4292|~24|||_____________________________________ _____x___________x_o_|0.13%|0.69%
1.4288|~28|||_____________________________________ _x___x_o_________x_o_|0.16%|0.66%
1.4284|~32|||_____________________________________ _x_o_x_o_________x_o_|0.19%|0.63%
1.4280|~36|||_____________________________________ _x_o_x_o_____x___x___|0.22%|0.61%
1.4276|~4O|||_____________________________________ _x_o_x_o_x___x_o_x___|0.24%|0.58%
1.4272|~44|||_____________________________________ _x_o_x_o_x_o_x_o_x___|0.27%|0.55%
1.4268|~48|||_____________________________________ _x_o_x_o_x_o_x_o_x___|0.3%|0.52%
1.4264|~52|||_____________________________________ _x_o___o_x_o_x_o_____|0.33%|0.49%
1.4260|~56|||_____________________________________ _x_____o_x_o_x_______|0.36%|0.46%
1.4256|~6O|||__________________________________x__ _x_____o___o_x_______|0.38%|0.44%
1.4252|~64|||__________________________________x_o _x_________o_________|0.41%|0.41%
1.4248|~68|||__________________________________x_o _x___________________|0.44%|0.38%
1.4244|~72|||__x_______________________________x_o _x___________________|0.47%|0.35%
1.4240|~76|||__x_o_____________________________x_o _____________________|0.5%|0.32%
1.4236|~8O|||__x_o_____x_______________________x__ _____________________|0.52%|0.3%
1.4232|~84|||__x_o_____x_o_____________________x__ _____________________|0.55%|0.27%
1.4228|~88|||__x_o_x___x_o_____________________x__ _____________________|0.58%|0.24%
1.4224|~92|||__x_o_x_o_x_o_____________________x__ _____________________|0.61%|0.21%
1.4220|~96|||o___o_x_o_x_o_____x___________x___x__ _____________________|0.64%|0.18%
1.4216|~1OO||____o_x_o_x_o_x___x_o_____x___x_o_x__ _____________________|0.66%|0.15%
1.4212|~1O4||____o_x_o___o_x_o_x_o_____x_o_x_o_x__ _____________________|0.69%|0.13%
1.4208|~1O8||____o_______o_x_o_x_o_x___x_o_x_o_x__ _____________________|0.72%|0.1%
1.4204|~112||____________o_x_o_x_o_x_o_x_o_x_o_x__ _____________________|0.75%|0.07%
1.4200|~116||____________o___o_x_o_x_o_x_o___o_x__ _____________________|0.78%|0.04%
1.4196|~12O||________________o___o_x_o_x_____o_x__ _____________________|0.8%|0.01%
1.4192|~124||____________________o___o_______o____ _____________________|0.83%|-0.01%
Column|~128||1_6_9_5_4_6_9_4_5_6_7_4_4_6_4_5_7_164 _126_7_9_5_6_7_4_116_|
Count


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  #2  
Old 21-09-2009, 08:50
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How to select right FOREX brokerage firm for you strategy: scalping, hedging etc. See iticsoftware.com or BJF Trading Group
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Old 21-09-2009, 09:56
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I use P&F. For example.

P&F EURJPY1 Box Size 5X3 or(0.11%) HI/LO
Data 135.163 - 133.694 ~ 0 Month ~ 3.09 Day
Database 1500 records [COLOR="DarkOrange"]134.957 (Last Close)[/COLOR]
[COLOR="Blue"]2009-09-18 09~21
2009-09-21 11~27[/COLOR] (GMT+01:00) Paris

BJF Trading Group

135.15|~5||||_____________________________X___|0.0 1%|1.09%
135.10|~1O|||_____________________________XoX_|0.0 5%|1.05%
135.05|~15|||_____________________________XoXo|0.0 8%|1.01%
135.00|~2O|||___________________________X_XoXo|0.1 2%|0.98%
[COLOR="DarkOrange"]134.95|~25|||=========================X=XoXoXo|0.1 6%|0.94%[/COLOR]
134.90|~3O|||_________________________XoXoXoX_|0.1 9%|0.9%
134.85|~35|||_________________________XoXo_oX_|0.2 3%|0.86%
134.80|~4O|||_________________________XoX__o__|0.2 7%|0.83%
134.75|~45|||_________________________Xo______|0.3 1%|0.79%
134.70|~5O|||_________________________X_______|0.3 4%|0.75%
134.65|~55|||_________________________X_______|0.3 8%|0.72%
134.60|~6O|||_________________X_______X_______|0.4 2%|0.68%
134.55|~65|||_________________XoX_X___X_______|0.4 5%|0.64%
134.50|~7O|||_________________XoXoXoX_X_______|0.4 9%|0.6%
134.45|~75|||___________X_____XoXoXoXoX_______|0.5 3%|0.57%
134.40|~8O|||___________XoX_X_Xo_oXoXoX_______|0.5 6%|0.53%
134.35|~85|||_______X_X_XoXoXoX__oXo_oX_______|0.6 %|0.49%
134.30|~9O|||_______XoXoXoXoXoX__oX__o________|0.6 4%|0.45%
134.25|~95|||___X_X_XoXoXoXoXoX__oX___________|0.6 8%|0.42%
134.20|~1OO||___XoXoXo_oXo_o_o___o____________|0.7 1%|0.38%
134.15|~1O5||_X_XoXoX__o______________________|0.7 5%|0.34%
134.10|~11O||_XoXoXo__________________________|0.7 9%|0.3%
134.05|~115||_XoXo____________________________|0.8 2%|0.27%
134.00|~12O||_XoX_____________________________|0.8 6%|0.23%
133.95|~125||_XoX_____________________________|0.9 %|0.19%
133.90|~13O||o_oX_____________________________|0.9 3%|0.15%
133.85|~135||__oX_____________________________|0.9 7%|0.12%
133.80|~14O||__oX_____________________________|1.0 1%|0.08%
133.75|~145||__oX_____________________________|1.0 5%|0.04%
133.70|~15O||__o______________________________|1.0 8%|0%
133.65|~155||_________________________________|1.1 2%|-0.03%
Column|~16O||159144353346544448437743414536763|
Count|~165|||___1_____________________3_______|


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  #4  
Old 21-09-2009, 19:21
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P&F EURUSD1440 Box Size 1450X3 or(3.14%) HI/LO
Data 1.6038 - 1.1639 ~ 69 Month ~ 2107 Day
Database 1500 records [COLOR="DarkOrange"]1.46751 (Last Close)[/COLOR]
[COLOR="DarkOrange"]2003[/COLOR]-12-15 00~00
[COLOR="DarkOrange"]2009[/COLOR]-09-21 00~00 (GMT+01:00) Paris
BJF Trading Group

1.6095|~145||_____________________________________ ____|-0.36%|38.29%
1.5950|~29O||__________________X___X______________ ____|0.55%|37.04%
1.5805|~435||________________X_XoX_Xo_____________ ____|1.45%|35.79%
1.5660|~58O||________________XoXoXoXo_____________ ____|2.36%|34.55%
1.5515|~725||________________XoXoXoXo_____________ ____|3.26%|33.3%
1.5370|~87O||________________Xo_o_o_o_____________ ____|4.17%|32.06%
1.5225|~1O15|________________X______o_____________ ____|5.07%|30.81%
1.5080|~116O|________________X______o_____________ ____|5.97%|29.56%
1.4935|~13O5|____________X_X_X______o_____________ ____|6.88%|28.32%
1.4790|~145O|____________XoXoX______oX____________ ____|7.78%|27.07%
[COLOR="MediumTurquoise"]1.4645|~1595|============XoXoX======oXo======X==== ===X|8.69%|25.83%[/COLOR]
1.4500|~174O|____________XoXo_______oXo______Xo___ ___X|9.59%|24.58%
1.4355|~1885|____________Xo_________oXo______Xo___ ___X|10.49%|23.34%
1.4210|~2O3O|____________X__________oXo______Xo___ _X_X|11.4%|22.09%
1.4065|~2175|____________X__________oXo______Xo___ _XoX|12.3%|20.84%
1.3920|~232O|____________X__________o_o______Xo___ _XoX|13.21%|19.6%
1.3775|~2465|____________X____________o______XoX__ _Xo_|14.11%|18.35%
1.3630|~261O|__X_________X____________o______XoXoX _X__|15.01%|17.11%
1.3485|~2755|__Xo________X____________o______XoXoX oX__|15.92%|15.86%
1.3340|~29OO|__XoX_____X_X____________o______Xo_oX oX__|16.82%|14.61%
1.3195|~3O45|__XoXo____XoX____________oX_____X__oX oX__|17.73%|13.37%
1.3050|~319O|__XoXo____XoX____________oXoX_X_X__oX oX__|18.63%|12.12%
1.2905|~3335|X_XoXo__X_Xo_____________oXoXoXoX__oX o___|19.53%|10.88%
1.2760|~348O|XoXo_o__XoX______________oXoXoXoX__oX ____|20.44%|9.63%
1.2615|~3625|XoX__o__XoX______________oXo_oXo___oX ____|21.34%|8.39%
1.2470|~377O|XoX__oX_Xo_______________o___o_____o_ ____|22.25%|7.14%
1.2325|~3915|_oX__oXoX____________________________ ____|23.15%|5.89%
1.2180|~4O6O|_oX__oXoX____________________________ ____|24.06%|4.65%
1.2035|~42O5|_oX__oXoX____________________________ ____|24.96%|3.4%
1.1890|~435O|_o___o_oX____________________________ ____|25.86%|2.16%
1.1745|~4495|_______o_____________________________ ____|26.77%|0.91%
1.1600|~464O|_____________________________________ ____|27.67%|-0.34%
Column|~4785|4716414583631443934433416154344319398 5936|
Count|~||||||__2__O______4__________4_6______4____ ____|


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  #5  
Old 19-10-2009, 11:17
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The single currency did resume medium term upmove and our indicated upside target at 1.4910 has been met, price looks set to test psychological resistance at 1.5000 and later to 1.5159 (61.8% projection of 1.3747 to 1.4845 measuring from 1.4480), then towards 1.5280 (100% projection of 1.4045 to 1.4845 measuring from 1.4480).[actionforex]

EUR/USD is still bounded in range below 1.4965 and consolidations from there is possibly still in progress. Nevertheless, note that short term outlook will remain bullish as long as 1.4671 support holds. Break of 1.4965 will bring rally resumption to 1.5 psychological level first. Break will target 100% projection of 1.4177 to 1.4842 from 1.4483 at 1.5148 next. However, note that a break of 1.4671 support will argue that a short term top is at least formed with bearish divergence condition in 4 hours MACD. Deeper fall should then be seen to 1.4483 support first.[actionforex]

"P&F EURUSD5 Box Size 10X4 or(0.27%) HI/LO
Data 1.4966 - 1.4672 < 0.5 Month ~ 11.02 Day
Database 2000 records [COLOR="DarkOrange"]1.49355 (Last Close)[/COLOR]
[COLOR="Blue"]2009-10-08 11~05
2009-10-19 11~40[/COLOR] (GMT+01:00) Paris
BJF Trading Group"

1.4970|~1O|||_____________________________|-0.03%|2.03%
1.4960|~2O|||====================X===Xo===|0.04%|1 .96%
1.4950|~3O|||____________________XoX_Xo___|0.11%|1 .89%
1.4940|~4O|||__________________X_XoXoXo__X|0.17%|1 .83%
1.4930|~5O|||__________________XoXoXoXo__X|0.24%|1 .76%
1.4920|~6O|||__________________XoXoXoXo__X|0.31%|1 .69%
1.4910|~7O|||__________________XoXoXo_oX_X|0.37%|1 .62%
1.4900|~8O|||__________________Xo_oX__oXoX|0.44%|1 .55%
1.4890|~9O|||__________________X__oX__oXoX|0.51%|1 .49%
1.4880|~1OO||__________________X__oX__oXoX|0.57%|1 .42%
1.4870|~11O||______________X___X__oX__oXoX|0.64%|1 .35%
1.4860|~12O||______________Xo__X__oX__oXoX|0.71%|1 .28%
1.4850|~13O||______________XoX_X__o___o_oX|0.78%|1 .21%
1.4840|~14O||______________XoXoX________oX|0.84%|1 .15%
1.4830|~15O||==============XoXoX========o=|0.91%|1 .08%
1.4820|~16O||______________XoXoX__________|0.98%|1 .01%
1.4810|~17O||__X_________X_XoXo___________|1.04%|0 .94%
1.4800|~18O||__Xo________XoXo_____________|1.11%|0 .87%
1.4790|~19O||X_Xo________XoX______________|1.18%|0 .8%
1.4780|~2OO||XoXo________XoX______________|1.24%|0 .74%
1.4770|~21O||XoXoX_______Xo_______________|1.31%|0 .67%
1.4760|~22O||XoXoXoX_____X________________|1.38%|0 .6%
1.4750|~23O||_oXoXoXo____X________________|1.44%|0 .53%
1.4740|~24O||_oXoXoXoX___X________________|1.51%|0 .46%
1.4730|~25O||_oXoXoXoXo__X________________|1.58%|0 .4%
1.4720|~26O||_o_oXo_oXoX_X________________|1.64%|0 .33%
1.4710|~27O||___o___oXoXoX________________|1.71%|0 .26%
1.4700|~28O||_______oXoXoX________________|1.78%|0 .19%
1.4690|~29O||_______oXoXoX________________|1.84%|0 .12%
1.4680|~3OO||=======o=o=o=================|1.91%|0 .05%
1.4670|~31O||_____________________________|1.98%|-0.01%
Column|~32O||47916548664414175414611451681|
Count|~33O|||___O________3_O___3__1O__2__1|


Attached Files
File Type: zip 091019ExcelEURUSD.zip (21.0 KB)

Last edited by MDunleavy; 19-10-2009 at 11:20.
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  #6  
Old 26-10-2009, 09:59
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Quote:
Originally Posted by Alan View Post
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  #7  
Old 02-11-2009, 12:06
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Although the single currency rose marginally to 1.5064 in the beginning of last week, lack of follow through buying and the retreat from there suggest a temporary top has possibly been formed there and consolidation with mild downside bias would be seen. A daily close below 1.4674-83 minor support would add credence to this view and further fall towards support at 1.4480 but it is necessary to see a clear break of this level to confirm and bring correction of recent upmove to 1.4232 (38.2% Fibonacci retracement of 1.2885 to 1.5064) would follow.[actionforex]

"P&F EURUSD60 Box Size 40X3 or(0.83%) HI/LO
Data 1.5062 - 1.3832 ~ 4 Month ~ 118.04 Day
Database 2001 records [COLOR="DarkOrange"]1.47681 (Last Close)[/COLOR]
[COLOR="Blue"]2009-07-07 11~00
2009-11-02 12~00[/COLOR] (GMT+01:00) Paris
BJF Trading Group"

1.5040|~4O|||==========================X===|0.15%| 8.73%
1.5000|~8O|||__________________________Xo__|0.41%| 8.44%
1.4960|~12O||________________________X_Xo__|0.68%| 8.16%
1.4920|~16O||________________________XoXo__|0.94%| 7.87%
1.4880|~2OO||________________________XoXo__|1.21%| 7.58%
1.4840|~24O||____________________X___Xo_oX_|1.47%| 7.29%
1.4800|~28O||____________________XoX_X__oXo|1.74%| 7%
1.4760|~32O||__________________X_XoXoX__oXo|2.01%| 6.71%
1.4720|~36O||==================XoXoXoX==o=o|2.27%| 6.42%
1.4680|~4OO||__________________XoXoXo______|2.54%| 6.13%
1.4640|~44O||__________________Xo_oX_______|2.8%|5 .84%
1.4600|~48O||__________________X__oX_______|3.07%| 5.55%
1.4560|~52O||__________________X__oX_______|3.33%| 5.26%
1.4520|~56O||==================X==o========|3.6%|4 .97%
1.4480|~6OO||__________________X___________|3.86%| 4.68%
1.4440|~64O||________X_________X___________|4.13%| 4.4%
1.4400|~68O||________Xo____X___X___________|4.4%|4 .11%
1.4360|~72O||________Xo__X_Xo__X___________|4.66%| 3.82%
1.4320|~76O||________XoX_XoXoX_X___________|4.93%| 3.53%
1.4280|~8OO||____X_X_XoXoXoXoXoX___________|5.19%| 3.24%
1.4240|~84O||____XoXoXoXoXo_oXoX___________|5.46%| 2.95%
1.4200|~88O||====XoXoXoXoX==o=o============|5.72%| 2.66%
1.4160|~92O||____XoXoXoXoX_________________|5.99%| 2.37%
1.4120|~96O||____Xo_oXo_oX_________________|6.25%| 2.08%
1.4080|~1OOO|____X__oX__o__________________|6.52%| 1.79%
1.4040|~1O4O|__X_X__o______________________|6.79%| 1.5%
1.4000|~1O8O|__XoX_________________________|7.05%| 1.21%
1.3960|~112O|_oXoX_________________________|7.32%| 0.93%
1.3920|~116O|XoXoX_________________________|7.58%| 0.64%
1.3880|~12OO|_oXo__________________________|7.85%| 0.35%
1.3840|~124O|_o____________________________|8.11%| 0.06%
1.3800|~128O|______________________________|8.38%|-0.23%
Column|~132O|145414461856734533135873735833|
Count|~136O|____O___O_________4___________|


Attached Files
File Type: zip Excel_eurusd_240min_091102.zip (23.4 KB)
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  #8  
Old 05-11-2009, 13:04
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Since April, the value of the U.S. dollar (USD) has steadily lost value against the Japanese yen (JPY). Across the Asia Pacific, the USD/JPY cross rate remains a key barometer of a two-way play of global economic fundamentals and risk aversion.

This barometer has experienced many high and low points in the last 26 months. In June 2007, the USD/JPY traded a five-year high of 124.16 to the USD. As far as the fundamentals were concerned, that five-year high was more about a weaker yen, than a stronger U.S. dollar. Over these 26 months, through better and worse, USD/JPY has declined as the yen has appreciated 25 percent against the U.S. dollar.

This 25 percent decline in USD/JPY is illustrated in Chart 1, with the initial change of trend signal appearing soon after the USD/JPY five-year high in June 2007. The red line over the price bars illustrate the MACD predictor (referred to as DiNapoliMP or “DiNapoli MACD predictor”). The regular DiNapoli MACD is shown at the bottom the chart.

The mechanics of the predictor are relatively simple. As shown in the chart when the price of USD/JPY fell below the red line on the price axis (MACD predictor), the corresponding trend as shown on the regular DiNapoli MACD is bearish (the MACD line is below the blue MACD signal line). The advantage of the MACD predictor is it gives a specific point reading on the price axis when the trend on the regular MACD is turning up or down ahead of market action. That price point for mid 2007 was a close below 118.60 for a confirmed bearish trend.



Excel_USDJPY_31 EYARS
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Old 09-11-2009, 16:35
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GBP/JPY

The GBP/JPY pair declined sharply, reaching the first objective of the short term bearish scenario at 148.35. Presently, it is re-testing the key resistance level of 150.60, while forming a Gap. We think that the mentioned gap is to be covered over the intraday basis around 149.30 zones. A break will confirm the potential downside continuation of the short term Elliott sequence. The secondary image shows that, a bearish engulfing candlestick pattern is supporting our overview.
Trading range for today is among key support at 145.50 and key resistance at 154.60.
The general trend is to the downside as far as 167.40 remains intact with target at 116.00.
Support: 150.00, 149.35, 148.60, 147.80, 146.85
Resistance: 150.60, 151.25, 151.75, 152.30, 153.40
Recommendation Based on the charts and explanations above our opinion is, selling the pair from 150.60 targeting 148.70 and stop loss above 151.75 might be appropriate.[actionforex]

"P&F GBPJPY240 Box Size 320X3 or(5.75%) HI/LO
Data 214.92 - 118.785 ~ 16 Month ~ 472.33 Day
Database 2000 records [COLOR="DarkOrange"]151.325 (Last Close)[/COLOR]
[COLOR="Blue"]2008-07-25 00~00
2009-11-09 08~00[/COLOR] (GMT+01:00) Paris
BJF Trading Group chart"

217.60|~32O||_____________________________________ _|-1.25%|83.19%
214.40|~64O||x_o__________________________________ _|0.24%|80.49%
211.20|~96O||__o__________________________________ _|1.73%|77.8%
208.00|~128O|__o__________________________________ _|3.22%|75.11%
204.80|~16OO|__o__________________________________ _|4.71%|72.41%
201.60|~192O|__o__________________________________ _|6.2%|69.72%
198.40|~224O|__o__________________________________ _|7.69%|67.02%
195.20|~256O|__o_x________________________________ _|9.18%|64.33%
192.00|~288O|__o_x_o______________________________ _|10.66%|61.64%
188.80|~32OO|__o_x_o______________________________ _|12.15%|58.94%
185.60|~352O|__o___o______________________________ _|13.64%|56.25%
182.40|~384O|______o______________________________ _|15.13%|53.55%
179.20|~416O|______o_x____________________________ _|16.62%|50.86%
176.00|~448O|______o_x_o__________________________ _|18.11%|48.17%
172.80|~48OO|______o_x_o__________________________ _|19.6%|45.47%
169.60|~512O|______o_x_o__________________________ _|21.09%|42.78%
166.40|~544O|______o___o__________________________ _|22.58%|40.09%
163.20|~576O|__________o_____x____________________ _|24.06%|37.39%
160.00|~6O8O|==========o=====x=o=========x===x==== =|25.55%|34.7%
156.80|~64OO|__________o_____x_o_________x_o_x_o__ _|27.04%|32%
153.60|~672O|__________o_____x_o_________x_o_x_o__ _|28.53%|29.31%
150.40|~7O4O|__________o_x___x_o_____x___x_o_x_o_x _|30.02%|26.62%
147.20|~736O|__________o_x_o_x_o_____x_o_x_o___o_x _|31.51%|23.92%
144.00|~768O|__________o_x_o_x_o_____x_o_x_____o_x _|33%|21.23%
140.80|~8OOO|==========o===o===o=x===x=o=======o== =|34.49%|18.53%
137.60|~832O|__________________o_x_o_x____________ _|35.98%|15.84%
134.40|~864O|__________________o_x_o_x____________ _|37.47%|13.15%
131.20|~896O|__________________o___o_x____________ _|38.95%|10.45%
128.00|~928O|______________________o_x____________ _|40.44%|7.76%
124.80|~96OO|______________________o_x____________ _|41.93%|5.06%
121.60|~992O|______________________o______________ _|43.42%|2.37%
118.40|~1O24|_____________________________________ _|44.91%|-0.32%
Column|~1O56|1_103_9_4_123_3_7_103_6_9_3_6_4_4_6_3 _|
Count




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  #10  
Old 26-11-2009, 09:25
MDunleavy's Avatar
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Intraday bias in EUR/CHF remains neutral for the moment. But still with 1.5102 support intact, we're favoring the bullish case that choppy fall from 1.5238 has completed at 1.5080 already. Above 1.5145 will bring rise resumption to 1.5238 resistance first. Nevertheless, break of 1.5102 minor support will dampen this immediate bullish view and indicate that another fall could still be seen to 1.5076 and below before concluding recent consolidations.
In the bigger picture, firstly, price actions from 1.5446 are treated as consolidation to rise from 1.4577 only and such rise is expected to resume sooner or later to test 1.5880 resistance. Secondly, the corrective structure of the fall from 1.5880 to 1.4577 indicates that it's a correction to medium term rise from 1.4315. Rise from 1.4577 is tentatively treated as resumption of rally from 1.4315. Hence we're expecting an eventual break of 1.5880 as rise from 1.4315 resumes. In other words, we're favoring the case that long term down trend from 1.6826 has completed at 1.4315 already. We'll hold on to this bullish view as long as 1.5007 support remains intact.[actionforex]




"P&F EURCHF1440 Box Size 80X4 or(2.06%) HI/LO
Data 1.6827 - 1.4315 [COLOR="Sienna"]~ 48 Month[/COLOR] ~ 1477 Day
Database 1050 records [COLOR="DarkOrange"]1.50417 (Last Close)[/COLOR]
[COLOR="Blue"]2005-11-10 00~00
2009-11-26 00~00[/COLOR] (GMT+01:00) Paris
BJF Trading Group chart"

1.6800|~8O|||____X___________________________|0.16 %|17.36%
1.6720|~16O||____XoX_________________________|0.64 %|16.8%
1.6640|~24O||__X_XoXo________________________|1.11 %|16.24%
1.6560|~32O||__XoXoXo________________________|1.59 %|15.68%
1.6480|~4OO||__XoXoXo________________________|2.06 %|15.12%
1.6400|~48O||__XoXoXo________________________|2.54 %|14.57%
1.6320|~56O||__XoXo_o__X_X___________________|3.01 %|14.01%
1.6240|~64O||__Xo___o__XoXo__________________|3.49 %|13.45%
1.6160|~72O||__X____oX_XoXo__________________|3.96 %|12.89%
1.6080|~8OO||__X____oXoXoXo__________________|4.44 %|12.33%
1.6000|~88O||__X____oXoXo_o__________________|4.91 %|11.77%
1.5920|~96O||__X____oXoX__o__________________|5.39 %|11.21%
1.5840|~1O4O|X_X____o_oX__o________X_________|5.87 %|10.65%
1.5760|~112O|XoX______oX__o________Xo________|6.34 %|10.09%
1.5680|~12OO|XoX______oX__o________Xo________|6.82 %|9.54%
1.5600|~128O|XoX______oX__o________Xo________|7.29 %|8.98%
1.5520|~136O|Xo_______oX__oX_____X_Xo________|7.77 %|8.42%
1.5440|~144O|X________oX__oXo____XoXo____X___|8.24 %|7.86%
1.5360|~152O|_________o___oXo____XoXo____XoX_|8.72 %|7.3%
1.5280|~16OO|_____________oXo____XoXo____XoXo|9.19 %|6.74%
1.5200|~168O|_____________oXo____Xo_o____XoXo|9.67 %|6.18%
1.5120|~176O|_____________o_o__X_X__oX_X_XoXo|10.1 4%|5.62%
1.5040|~184O|_______________o__XoX__oXoXoXo_o|10.6 2%|5.06%
1.4960|~192O|_______________o__XoX__oXoXoX___|11.1 %|4.51%
1.4880|~2OOO|_______________oX_XoX__oXoXoX___|11.5 7%|3.95%
1.4800|~2O8O|_______________oXoXoX__o_oXoX___|12.0 5%|3.39%
1.4720|~216O|_______________oXoXo_____o_oX___|12.5 2%|2.83%
1.4640|~224O|_______________oXoX________o____|13%| 2.27%
1.4560|~232O|_______________oXo______________|13.4 7%|1.71%
1.4480|~24OO|_______________oX_______________|13.9 5%|1.15%
1.4400|~248O|_______________oX_______________|14.4 2%|0.59%
1.4320|~256O|_______________o________________|14.9 %|0.03%
1.4240|~264O|________________________________|15.3 7%|-0.52%
Column|~272O|64157651411441517475148145561544|
Count|~28OO||__4____1_O2__5_5____O__3____O___|




BJF-Trading-Group-091126_eurchfMix.xls
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  #11  
Old 02-12-2009, 19:36
MDunleavy's Avatar
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Default

USD/CAD Daily Outlook
Intraday bias in USD/CAD remains on the downside with 1.0532 minor resistance intact. Correction from 1.0851 is still in progress for 100% projection of 1.0851 to 1.0416 from 1.0748 at 1.0313. But downside should be contained above 1.0205 low to conclude the correction. On the upside, above 1.0532 will turn intraday bias neutral first and turn focus back to 1.0748 resistance instead.[actionforex]

"P&F USDCAD1440 Box Size 225X3 or(5.38%) HI/LO
Data 1.6054 - 0.9056 ~ 91 Month ~ 2772 Day
Database 1974 records [COLOR="DarkOrange"]1.05026 (Last Close)[/COLOR]
[COLOR="Blue"]2002-05-01 00~00
2009-12-02 00~00[/COLOR] (GMT+01:00) Paris
BJF Trading Group chart"

1.6200|~225||_____________________________________ ___|-0.91%|78.89%
1.5975|~45O||x____________________________________ ___|0.49%|76.4%
1.5750|~675||x_o__________________________________ ___|1.89%|73.92%
1.5525|~9OO||x_o__________________________________ ___|3.3%|71.43%
1.5300|~1125|x_o__________________________________ ___|4.7%|68.95%
1.5075|~135O|__o__________________________________ ___|6.1%|66.46%
1.4850|~1575|__o__________________________________ ___|7.5%|63.98%
1.4625|~18OO|__o__________________________________ ___|8.9%|61.5%
1.4400|~2O25|__o__________________________________ ___|10.3%|59.01%
1.4175|~225O|__o_x________________________________ ___|11.7%|56.53%
1.3950|~2475|__o_x_o_x____________________________ ___|13.11%|54.04%
1.3725|~27OO|__o_x_o_x_o__________________________ ___|14.51%|51.56%
1.3500|~2925|__o___o_x_o__________________________ ___|15.91%|49.07%
1.3275|~315O|______o_x_o__________________________ ___|17.31%|46.59%
1.3050|~3375|______o_x_o_____________________x____ ___|18.71%|44.1%
1.2825|~36OO|______o___o_________x___x___x___x_o__ ___|20.11%|41.62%
1.2600|~3825|__________o_x_______x_o_x_o_x_o_x_o__ ___|21.51%|39.13%
1.2375|~4O5O|__________o_x_o_____x_o_x_o_x_o_x_o__ ___|22.92%|36.65%
1.2150|~4275|__________o_x_o_____x_o_x_o___o_x_o__ ___|24.32%|34.17%
1.1925|~45OO|__________o___o_____x_o_x_____o___o__ ___|25.72%|31.68%
1.1700|~4725|______________o_x___x_o_x_________o_x ___|27.12%|29.2%
1.1475|~495O|______________o_x_o_x_o___________o_x _o_|28.52%|26.71%
1.1250|~5175|______________o_x_o_x_____________o_x _o_|29.92%|24.23%
1.1025|~54OO|______________o___o_x_____________o_x _o_|31.33%|21.74%
1.0800|~5625|__________________o_x_____________o__ _o_|32.73%|19.26%
1.0575|~585O|__________________o_x________________ _o_|34.13%|16.77%
1.0350|~6O75|__________________o_x________________ _o_|35.53%|14.29%
1.0125|~63OO|__________________o_x________________ ___|36.93%|11.8%
0.9900|~6525|__________________o_x________________ ___|38.33%|9.32%
0.9675|~675O|__________________o_x________________ ___|39.73%|6.84%
0.9450|~6975|__________________o_x________________ ___|41.14%|4.35%
0.9225|~72OO|__________________o__________________ ___|42.54%|1.87%
0.9000|~7425|_____________________________________ ___|43.94%|-0.62%
Column|~765O|4_113_6_5_9_3_7_3_11166_6_3_3_4_5_104 _6_|
Count




BJF-Trading-Group-USDCAD_H4and30min.xls
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  #12  
Old 13-12-2009, 16:44
MDunleavy's Avatar
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Posts: 348
Default EUR index

European debt concerns will subside, eventually

The past week started off with a Fitch ratings downgrade of Greece followed by S&P moving Spain's credit outlook to negative, though its ratings were affirmed. The moves rattled investors' nerves and weighed on the EUR and other European currencies. The financial media filed the obligatory 'risk of a sovereign debt default' and the 'euro could come undone' stories, adding to concerns on Europe. However, we think the ratings moves are simply a short-term blow to sentiment which dovetailed nicely with the Euro cresting at the beginning of December. There is little immediate concern of a debt default as seen in Greek government debt yields, which while about 2% higher than German yields, are not in panic territory at about 5.2%. Indeed, should the worst come to pass it would likely only be later next year and lead to a rescue package from the IMF or the EU. European leaders were consistent in admonishing the most deficit-heavy countries to address budget issues urgently, and leaders of those nations' seemed to get the message, but they also indicated that they would mutually address any terminal credit crisis. As for the fate of the EUR, there is zero chance of EMU coming undone or Greece being thrown overboard, given treaty obligations. In that sense, the impact on the EUR is largely psychological, but that doesn't mean it can't weigh on the common currency further, which is why we also see scope for further EUR weakness ahead. We think fears may begin to subside in the New Year as investors conclude the risks are overblown and assets get put back to work in the new calendar year.[Written by Forex.com]

"P&F [COLOR="DarkOrange"]EUR_Day_MIX[/COLOR] Box Size 48X3 or(1.44%) CLOSE
Data 107.357 - 92.9315 [COLOR="DarkOrange"]~ 49 Month[/COLOR] ~ 1477 Day
Database 1050 records [COLOR="DarkOrange"]100 (Last Close)[/COLOR]
[COLOR="Blue"]2005-11-25 00~00
2009-12-11 00~00[/COLOR] (GMT+01:00) Paris
BJF Trading Group chart"

107.52|~48||______________________________________ ________________|-0.15%|15.7%
107.04|~96||______________________________x___x___ ________________|0.3%|15.18%
106.56|~144|______________________________x_o_x_o_ ________________|0.74%|14.67%
106.08|~192|______________________________x_o_x_o_ ________________|1.19%|14.15%
105.60|~24O|______________________________x_o___o_ ________________|1.64%|13.63%
105.12|~288|______________________________x_____o_ ________________|2.08%|13.12%
104.64|~336|______________________________x_____o_ ________________|2.53%|12.6%
104.16|~384|______________________________x_____o_ x_______________|2.98%|12.08%
103.68|~432|______________________________x_____o_ x_o_____________|3.43%|11.57%
103.20|~48O|______________x_______________x_____o_ x_o_____________|3.87%|11.05%
102.72|~528|__________x___x_o_____________x_____o_ x_o_____________|4.32%|10.53%
102.24|~576|__________x_o_x_o_____________x_____o_ x_o_x___x_______|4.77%|10.02%
101.76|~624|__________x_o_x_o_____x___x___x_____o_ x_o_x_o_x_o_____|5.21%|9.5%
101.28|~672|__________x_o_x_o_x___x_o_x_o_x_____o_ x_o_x_o_x_o_x___|5.66%|8.98%
100.80|~72O|__________x_o___o_x_o_x_o_x_o_x_____o_ x_o_x_o___o_x_o_|6.11%|8.47%
100.32|~768|______x___x_____o_x_o_x_o_x_o_x_____o_ x_o_______o_x_o_|6.55%|7.95%
99.84|~816||______x_o_x_____o___o_x_o_x_o_______o_ __________o___o_|7%|7.43%
99.36|~864||______x_o_x_________o_x_o_x___________ ________________|7.45%|6.92%
98.88|~912||______x_o_x_________o___o_x___________ ________________|7.9%|6.4%
98.40|~96O||__x___x_o_______________o_x___________ ________________|8.34%|5.88%
97.92|~1OO8|__x_o_x_________________o_x___________ ________________|8.79%|5.37%
97.44|~1O56|__x_o_x_________________o_____________ ________________|9.24%|4.85%
96.96|~11O4|__x_o_________________________________ ________________|9.68%|4.33%
96.48|~1152|__x___________________________________ ________________|10.13%|3.82%
96.00|~12OO|__x___________________________________ ________________|10.58%|3.3%
95.52|~1248|__x___________________________________ ________________|11.03%|2.79%
95.04|~1296|__x___________________________________ ________________|11.47%|2.27%
94.56|~1344|__x___________________________________ ________________|11.92%|1.75%
94.08|~1392|__x___________________________________ ________________|12.37%|1.24%
93.60|~144O|o_x___________________________________ ________________|12.81%|0.72%
93.12|~1488|o_x___________________________________ ________________|13.26%|0.2%
92.64|~1536|o_____________________________________ ________________|13.71%|-0.31%
Column||||||3_123_7_4_9_4_5_7_3_5_6_9_9_4_153_3_15 9_8_4_3_3_5_3_3_|
Count




BJF-Trading-Group-EurIndex_091212.xls
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  #13  
Old 27-12-2009, 15:56
MDunleavy's Avatar
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Posts: 348
Default

EURGBP: Corrective Strength Continues To Be Seen

EURGBP: Price extension following its corrective recovery triggered off the 0.8850 level continues to target further upside breaking above the 0.8970/89 levels today. This leaves further upside risk towards its Dec 14’09 high at 0.9047 with a break aiming at the 0.9150 level, its Dec 01’09 high where a hold must be established to resume its recovery initiated at the 0.8832 level, its Nov 17’09 high towards the 0.9239 level, its Oct 26’09 high. Beyond there will turn attention to the 0.9410 level, its Oct 13’09 high. This view is supported by its daily studies which are bullish and pointing to the upside. On the downside, immediate support lies at the 0.8989/70 levels with a turn below there bringing further downside towards the 0.8832 level where a loss will set the stage for the resumption of its declines started at the 0.9410 level and allowing more downside force towards the 0.8698 level.[Written by actionforex]

"P&F EURGBP1440 Box Size 121X3 or(4.57%) CLOSE
Data 0.977 - 0.6129 ~ 92 Month ~ 2806 Day
Database 2000 records [COLOR="DarkOrange"]0.89992 (Last Close)[/COLOR]
[COLOR="Blue"]2002-04-19 00~00
2009-12-24 00~00[/COLOR] (GMT+01:00) Paris
BJF Trading Group chart"

0.9801|~121||_____________________________________ ___|-0.32%|59.91%
0.9680|~242||________________________x____________ ___|0.92%|57.94%
0.9559|~363||________________________x_o__________ ___|2.16%|55.96%
0.9438|~484||________________________x_o_____x____ ___|3.4%|53.99%
0.9317|~6O5||________________________x_o_x___x_o_x ___|4.64%|52.02%
0.9196|~726||========================x=o=x=o=x=o=x =o=|5.88%|50.04%
0.9075|~847||________________________x_o_x_o_x_o_x _o_|7.11%|48.07%
0.8954|~968||________________________x_o_x_o_x_o_x _o_|8.35%|46.09%
0.8833|~1O89|========================x=o===o=x=o=x =o=|9.59%|44.12%
0.8712|~121O|________________________x_____o___o_x ___|10.83%|42.14%
0.8591|~1331|____________________x___x_________o_x ___|12.07%|40.17%
0.8470|~1452|____________________x_o_x_________o_x ___|13.31%|38.2%
0.8349|~1573|____________________x_o_x_________o__ ___|14.54%|36.22%
0.8228|~1694|____________________x_o______________ ___|15.78%|34.25%
0.8107|~1815|________________x___x________________ ___|17.02%|32.27%
0.7986|~1936|________________x_o_x________________ ___|18.26%|30.3%
0.7865|~2O57|________________x_o_x________________ ___|19.5%|28.32%
0.7744|~2178|________________x_o_x________________ ___|20.74%|26.35%
0.7623|~2299|________________x_o__________________ ___|21.98%|24.38%
0.7502|~242O|________________x____________________ ___|23.21%|22.4%
0.7381|~2541|________________x____________________ ___|24.45%|20.43%
0.7260|~2662|________________x____________________ ___|25.69%|18.45%
0.7139|~2783|x___x___________x____________________ ___|26.93%|16.48%
0.7018|~29O4|x_o_x_o_x_______x____________________ ___|28.17%|14.5%
0.6897|~3O25|x_o_x_o_x_o_x___x____________________ ___|29.41%|12.53%
0.6776|~3146|x_o___o_x_o_x_o_x____________________ ___|30.64%|10.56%
0.6655|~3267|x_____o_x_o_x_o_x____________________ ___|31.88%|8.58%
0.6534|~3388|x_____o___o___o______________________ ___|33.12%|6.61%
0.6413|~35O9|x____________________________________ ___|34.36%|4.63%
0.6292|~363O|x____________________________________ ___|35.6%|2.66%
0.6171|~3751|x____________________________________ ___|36.84%|0.69%
0.6050|~3872|_____________________________________ ___|38.08%|-1.29%
Column|~3993|9_3_3_5_4_4_3_3_134_8_3_127_4_5_6_9_8 _4_|
Count




BJF-Trading-Group-EURGBP_4h30min_091227.xls
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  #14  
Old 31-12-2009, 14:08
MDunleavy's Avatar
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Posts: 348
Default

Yen : The JPY is currently trading in a rising channel pattern. Immediate resistance comes around 93.10 levels which if broken then could test next resistance level near 94.20 levels where shorts can be initiated for the target of 90 levels. Bias for USDJPY pair remains strong above 88.40 levels. (USDJPY- 92.36) Neutral.
Aud : AUDUSD is consistently trading below 55days Daily EMA and is having an immediate resistance near 0.9000 levels.Our expectation of Aud below 0.9000 levels should continue the bearish momentum targeting 0.8650 levels.Initiate shorts near 0.9000 levels for the target of 150pips. Stochastic is in overbought region. (AUDUSD - 0.8964) Bearish.[Written by actionforex]

"P&F AUDJPY1440 Box Size 170X4 or(8.31%) CLOSE
Data 107.42 - 56.23 ~ 93 Month ~ 2845 Day
Database 2000 records [COLOR="DarkOrange"]82.882 (Last Close)[/COLOR]
[COLOR="Blue"]2002-03-18 00~00
2009-12-31 00~00[/COLOR] (GMT+01:00) Paris
BJF Trading Group chart"

108.8|~17O||_________________________________|-1.28%|93.49%
107.1|~34O||__________X_X____________________|0.3% |90.47%
105.4|~51O||__________XoXo___________________|1.88 %|87.44%
103.7|~68O||__________XoXo____X______________|3.46 %|84.42%
102.0|~85O||__________XoXo____Xo_____________|5.05 %|81.4%
100.3|~1O2O|__________XoXo____Xo_____________|6.63 %|78.37%
98.60|~119O|__________XoXoX_X_Xo_____________|8.21 %|75.35%
96.90|~136O|__________XoXoXoXoXo_____________|9.79 %|72.33%
95.20|~153O|________X_XoXoXoXoXo_____________|11.3 8%|69.3%
93.50|~17OO|________XoXoXoXoXoXo_____________|12.9 6%|66.28%
91.80|~187O|________XoXoXo_oXoXo_____________|14.5 4%|63.26%
90.10|~2O4O|______X_XoXo___o_oXo_____________|16.1 2%|60.23%
88.40|~221O|______XoXo_______o_oX____________|17.7 1%|57.21%
86.70|~238O|______XoX__________oXo___________|19.2 9%|54.19%
85.00|~255O|____X_XoX__________oXo___________|20.8 7%|51.16%
83.30|~272O|____XoXoX__________oXo__________X|22.4 5%|48.14%
81.60|~289O|____XoXo___________o_o__________X|24.0 4%|45.12%
79.90|~3O6O|__X_XoX______________o________X_X|25.6 2%|42.09%
78.20|~323O|__XoXoX______________o________XoX|27.2 %|39.07%
76.50|~34OO|__XoXoX______________o________XoX|28.7 8%|36.05%
74.80|~357O|__XoXoX______________o________XoX|30.3 7%|33.03%
73.10|~374O|__Xo_o_______________o________XoX|31.9 5%|30%
71.40|~391O|X_X__________________oX_X_____Xo_|33.5 3%|26.98%
69.70|~4O8O|XoX__________________oXoXo____X__|35.1 1%|23.96%
68.00|~425O|_oX__________________oXoXoX___X__|36.7 %|20.93%
66.30|~442O|_oX__________________oXoXoXoX_X__|38.2 8%|17.91%
64.60|~459O|_oX__________________o_o_oXoXoX__|39.8 6%|14.89%
62.90|~476O|_o_______________________oXoXoX__|41.4 4%|11.86%
61.20|~493O|_________________________oXoXoX__|43.0 3%|8.84%
59.50|~51OO|_________________________oXoXoX__|44.6 1%|5.82%
57.80|~527O|_________________________oXoXoX__|46.1 9%|2.79%
56.10|~544O|_________________________o_o_o___|47.7 8%|-0.23%
Colum|~561O|251477158411194556914144497766157|
Count|~578O|__O___O___1OO______3_4________4__|




BJF-Trading-Group-AUDJPY_4h1h_091231.xls
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  #15  
Old 10-01-2010, 21:17
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2010 Currency Outlook: USD

After strong rallies in 2008 and early 2009, USD peaked in March. In order to combat the worst recession since the World War II, the Fed reduced the policy rate to an unprecedentedly low level and implemented a series of quantitative easing policies. The 'twin deficits' problem (current account and fiscal deficits) has put USD's status as the reserve currency at risks and triggered investors to dump the currency. Worries about the dollar's future as well as increase in risk appetite as global economic outlook recovered later in 2009 brought the greenback to extremely low levels.

Undervaluation: According Fed's measure, the trade-weighted USD index plummeted -13% against major currencies after making 2.5-year high in March. On annual basis, the gauge dropped -8%, the biggest loss since 2003. Despite modest recovery in December 2009, the dollar index continued hovering at historic lows.

ICE's US dollar index also showed a similar pattern. The valuation is about 1.5 standard deviations below its long-term average. From the viewpoint of mean-reversion, the dollar is poised for a strong rebound.

On a PPP basis, the dollar also looked undervalued when compared with major currencies. The table below shows the PPP values of 8 currencies which were used by Fed in composing the USD Major Currencies Index. Using closing price as of December 2009, USD is undervalued when compared with all 'major currencies'.

However, being cheap is not sufficient to make USD higher. The US needs to show promising economic growth to attract buying.[Written by actionforex]



BJF-Trading-Group-mixAEGN20100110.xls
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  #16  
Old 21-01-2010, 13:08
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EURAUD=EURUSD:AUDUSD
EURUSD continued its bearish momentum yesterday, bottomed at 1.4062 and closed at 1.4086.The bias remains to the downside targeting 1.4000 psychological level. Only and only if euro trades below these levels further bearishness till 1.38 could be seen. Immediate resistance is at 1.4120 levels. (EURUSD–1.4094) Neutral
The AUDUSD had a bearish momentum yesterday, bottomed at 0.9068 and closed at 0.9090 and it is currently trading at 0.9130 level.Immediate support near 0.8980 level (100Days Daily EMA) and Immediate resistance at 0.9160 (21 days EMA). Break above that resistance area should trigger further bullish .Buying close to .8900 levels is recommended.(AUDUSD-0.9130) Cautious Bullish [Written by India Forex]

"P&F EURAUD1440 Box Size 180X5 or(4.96%) CLOSE
Data 2.0838 - 1.5447 ~ 92 Month ~ 2808 Day
Database 2000 records [COLOR="DarkOrange"]1.54465 (Last Close)[/COLOR]
[COLOR="Blue"]2002-05-15 00~00
2010-01-21 00~00[/COLOR] (GMT+01:00) Paris
BJF Trading Group chart"

2.0700|~18O||____________________X_______X___|0.66 %|34.01%
2.0520|~36O||____________________XoX_X___Xo__|1.53 %|32.84%
2.0340|~54O||____________________XoXoXoX_Xo__|2.39 %|31.68%
2.0160|~72O||____________________XoXoXoXoXoX_|3.25 %|30.51%
1.9980|~9OO||____________________XoXoXoXoXoXo|4.12 %|29.35%
1.9800|~1O8O|____________________XoXoXoXoXoXo|4.98 %|28.18%
1.9620|~126O|____________________XoXoXoXoXoXo|5.85 %|27.01%
1.9440|~144O|____________________Xo_oXoXoXoXo|6.71 %|25.85%
1.9260|~162O|____________________X__oXoXo_oXo|7.57 %|24.68%
1.9080|~18OO|____________________X__oXoX__oXo|8.44 %|23.52%
1.8900|~198O|____________________X__o_oX__oXo|9.3% |22.35%
1.8720|~216O|====================X====oX==o=o|10.1 6%|21.19%
1.8540|~234O|X_X_________________X____o_____o|11.0 3%|20.02%
1.8360|~252O|XoXo________________X__________o|11.8 9%|18.86%
1.8180|~27OO|XoXo________________X__________o|12.7 6%|17.69%
1.8000|~288O|XoXo________________X__________o|13.6 2%|16.53%
1.7820|~3O6O|XoXo________________X__________o|14.4 8%|15.36%
1.7640|~324O|XoXo__X_____________X__________o|15.3 5%|14.2%
1.7460|~342O|Xo_oX_XoX___________X__________o|16.2 1%|13.03%
1.7280|~36OO|X__oXoXoXo__X_______X__________o|17.0 7%|11.87%
1.7100|~378O|X__oXoXoXo__Xo____X_X__________o|17.9 4%|10.7%
1.6920|~396O|X__oXoXoXo__Xo__X_XoX__________o|18.8 %|9.54%
1.6740|~414O|X__oXoXoXo__XoX_XoXoX__________o|19.6 7%|8.37%
1.6560|~432O|X__o_oXo_o__XoXoXoXoX__________o|20.5 3%|7.21%
1.6380|~45OO|X____oX__oX_XoXoXoXoX__________o|21.3 9%|6.04%
1.6200|~468O|_____oX__oXoXoXoXoXoX__________o|22.2 6%|4.87%
1.6020|~486O|_____oX__oXoXoXoXoXo___________o|23.1 2%|3.71%
1.5840|~5O4O|_____oX__oXoXoXoXo_____________o|23.9 9%|2.54%
1.5660|~522O|_____o___oXoXoXoX______________o|24.8 5%|1.38%
[COLOR="DarkOrange"]1.5480|~54OO|=========o=o=o=o===============o|25.7 1%|0.21%[/COLOR]
1.5300|~558O|_______________________________o|26.5 8%|-0.95%
Column|||||||16615116515511778676276991168182|
Count||||||||3__1_O1__1__OO______6____1O__1_7|




BJF-Trading-Group_Excel_Chart
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  #17  
Old 30-01-2010, 09:59
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Daily: The USD/CAD continues to climb in this recent environment of risk aversion and news of China's tightening of regulations which subdued any strength in commodities and thus commodity currencies such as the CAD, AUD, and NZD.

The daily time-frame shows the market struggling to reach the previous top at 1.075. The 1.07 is holding as resistance so far in three attemps this week.

The market may be starting a bullish run in the USD/CAD, but a significant correction would help with timing and could further confirm the bullish mode.

Weekly: The weekly time-frame shows that the 1.10-1.11 area is an important resistance. So if the markey breaks the 1.075 area, this may be the next resistance.

This is also an important area as it may coincide with the 200 and 50 MAs in the Weekly time-frame. We will see then if the current rally is a major correction, or whether a long-term rally is starting to take off.[Written by CMS Forex]

"P&F USDCAD1440 Box Size 225X3 or(5.37%) CLOSE
Data 1.5972 - 0.9161 ~ 92 Month ~ 2810 Day
Database 2000 records 1.0703 (Last Close)
2002-05-21 00~00
2010-01-29 00~00
(GMT+01:00) Paris
BJF Trading Group chart"

1.5975|~225||_____________________________________ ___________|-0.02%|74.38%
1.5750|~45O||x____________________________________ ___________|1.39%|71.92%
1.5525|~675||x_o__________________________________ ___________|2.8%|69.47%
1.5300|~9OO||x_o__________________________________ ___________|4.21%|67.01%
1.5075|~1125|__o__________________________________ ___________|5.62%|64.56%
1.4850|~135O|__o__________________________________ ___________|7.02%|62.1%
1.4625|~1575|__o__________________________________ ___________|8.43%|59.64%
1.4400|~18OO|__o__________________________________ ___________|9.84%|57.19%
1.4175|~2O25|__o__________________________________ ___________|11.25%|54.73%
1.3950|~225O|__o_x___x____________________________ ___________|12.66%|52.28%
1.3725|~2475|__o_x_o_x_o__________________________ ___________|14.07%|49.82%
1.3500|~27OO|__o_x_o_x_o__________________________ ___________|15.48%|47.36%
1.3275|~2925|__o___o_x_o__________________________ ___________|16.89%|44.91%
1.3050|~315O|______o_x_o__________________________ ___________|18.29%|42.45%
1.2825|~3375|______o_x_o_____________x___x_______x ___________|19.7%|40%
1.2600|~36OO|______o___o_x___________x_o_x_o_x___x _o_________|21.11%|37.54%
1.2375|~3825|__________o_x_o_________x_o_x_o_x_o_x _o_________|22.52%|35.08%
1.2150|~4O5O|__________o_x_o_________x_o_x_o_x_o_x _o_________|23.93%|32.63%
1.1925|~4275|__________o_x_o_________x_o_x_o_x_o__ _o_________|25.34%|30.17%
1.1700|~45OO|__________o___o_x_______x_o_x_o______ _o_________|26.75%|27.72%
1.1475|~4725|______________o_x_o_____x_o__________ _o_x_______|28.16%|25.26%
1.1250|~495O|______________o_x_o_____x____________ _o_x_o_____|29.56%|22.8%
1.1025|~5175|______________o_x_o_____x____________ _o_x_o_____|30.97%|20.35%
1.0800|~54OO|==============o===o=====x============ =o===o=x===|32.38%|17.89%
1.0575|~5625|__________________o_____x____________ _____o_x_o_|33.79%|15.43%
1.0350|~585O|__________________o_x___x____________ _____o_x_o_|35.2%|12.98%
1.0125|~6O75|==================o=x=o=x============ =====o===o=|36.61%|10.52%
0.9900|~63OO|__________________o_x_o_x____________ ___________|38.02%|8.07%
0.9675|~6525|__________________o_x_o______________ ___________|39.43%|5.61%
0.9450|~675O|__________________o_x________________ ___________|40.83%|3.15%
0.9225|~6975|__________________o_x________________ ___________|42.24%|0.7%
0.9000|~72OO|__________________o__________________ ___________|43.65%|-1.76%
Column|||||||3_113_6_6_104_8_4_126_3_146_6_5_4_3_4 _9_3_6_3_3_|
Count




BJF-Trading-Group_Excel_Chart

Last edited by MDunleavy; 30-01-2010 at 10:01.
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  #18  
Old 01-02-2010, 11:26
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USDSEK review
=================


BJF-Trading-Group_Excel_Chart
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  #19  
Old 09-02-2010, 08:53
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Hedging is a simultaneous buying and selling of the same trading instrument.
It has a great potential on the volatile and less trendy markets.

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  #20  
Old 17-02-2010, 08:16
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Canadian dollar continue to be the biggest winner in worldwide concern of sovereign risks due to it's relatively low deficit and healthy fiscal position. Canadian dollar is up 4% against Sterling and 3.9% against Euro. EUR/CAD dipped further to as low as 1.4224 so far as the down trend continued and is still on course for 1.4 psychological level and then 100% projection of 1.7499 to 1.5183 from 1.6006 at 1.3690. A break above 1.4681 resistance is needed to be the first sign of stabilization or outlook will remain bearish.[Written by ActionForex.com]

"P&F EURCAD1440 Box Size 135X5 or(4.39%) HI/LO
Data 1.7499 - 1.3285 ~ 93 Month ~ 2837 Day
Database 2000 records [COLOR="DarkOrange"]1.43752 (Last Close)[/COLOR]
[COLOR="Blue"]2002-05-13 00~00
2010-02-17 00~00[/COLOR] (GMT+01:00) Paris
BJF Trading Group chart"

1.7550|~135||____________________________________|-0.29%|32.1%
1.7415|~27O||________________________X___________| 0.48%|31.09%
1.7280|~4O5||________________________Xo__________| 1.25%|30.07%
1.7145|~54O||________________________Xo__________| 2.02%|29.06%
1.7010|~675||________________________Xo__________| 2.79%|28.04%
1.6875|~81O||________X_______________Xo__X_______| 3.57%|27.02%
1.6740|~945||________XoX_____________Xo__Xo______| 4.34%|26.01%
1.6605|~1O8O|__X_____XoXoX___________XoX_Xo______| 5.11%|24.99%
1.6470|~1215|__Xo____XoXoXo__________XoXoXo______| 5.88%|23.97%
1.6335|~135O|__Xo____XoXoXo________X_XoXoXo______| 6.65%|22.96%
1.6200|~1485|__XoX___XoXoXo____X_X_XoXoXoXoX_____| 7.42%|21.94%
1.6065|~162O|__XoXoX_XoXoXo____XoXoXoXoXoXoXoX___| 8.19%|20.93%
1.5930|~1755|X_XoXoXoXoXoXo____XoXoXoXoXoXoXoXoX_| 8.97%|19.91%
1.5795|~189O|XoXoXoXoXo_oXo____XoXoXoXo_oXoXoXoXo| 9.74%|18.89%
1.5660|~2O25|XoXoXoXoX__oXoX___XoXoXoX__o_oXoXoXo| 10.51%|17.88%
1.5525|~216O|XoXo_oXoX__oXoXo__XoXoXoX____oXoXoXo| 11.28%|16.86%
1.5390|~2295|XoX__oXoX__o_oXo__Xo_oXoX____o_oXoXo| 12.05%|15.84%
1.5255|~243O|XoX__o_oX____oXo__X__oXoX______o_o_o| 12.82%|14.83%
1.5120|~2565|Xo_____oX____oXo__X__oXoX__________o| 13.6%|13.81%
1.4985|~27OO|X______o_____oXoX_X__oXoX__________o| 14.37%|12.8%
1.4850|~2835|X____________oXoXoX__o_o___________o| 15.14%|11.78%
1.4715|~297O|X____________oXoXoX________________o| 15.91%|10.76%
1.4580|~31O5|X____________oXoXoX________________o| 16.68%|9.75%
1.4445|~324O|X____________oXoXoX________________o| 17.45%|8.73%
1.4310|~3375|X============oXoXoX================o| 18.22%|7.72%
1.4175|~351O|X____________oXoXo__________________| 19%|6.7%
1.4040|~3645|_____________oXoX___________________| 19.77%|5.68%
1.3905|~378O|_____________oXoX___________________| 20.54%|4.67%
1.3770|~3915|_____________oXoX___________________| 21.31%|3.65%
1.3635|~4O5O|_____________oXoX___________________| 22.08%|2.63%
1.3500|~4185|_____________o_oX___________________| 22.85%|1.62%
1.3365|~432O|_______________o____________________| 23.62%|0.6%
1.3230|~4455|____________________________________| 24.4%|-0.41%
Column|~459O|161857681871921116166111116791676651|
Count|~4725||4_1_____4__O_3672_5__O1192___1_____2|







BJF-Trading-Group_Excel_Chart
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  #21  
Old 20-02-2010, 18:20
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The main support 1.0410 stood strong against continuous attempts from the pair to bearishly reverse, where it rebounded and completed forming the bullish technical pattern that comes inline with the bullish pattern, shown yesterday, where the pair achieved more bullish movement. We expect an overall bullish direction over an intraday direction, which will start with the breach of the mentioned neckline to head towards main targets that start 1.0565 then 1.0650. It is vital that 1.0410 areas remain intact, which are vital factors in achieving the awaited bullish direction.
The trading range for today is among the key support at 1.0350 and the key resistance at 1.0650.
The general trend is to the downside as far as 1.1870 remains intact with targets at 1.0000.
[Written by ecPulse.com]

"P&F USDCAD1440 Box Size 225X3 or(5.38%) HI/LO
Data 1.6054 - 0.9058 ~ 94 Month ~ 2856 Day
Database 2038 records [COLOR="DarkOrange"]1.0391 (Last Close)[/COLOR]
[COLOR="Blue"]2002-04-26 00~00
2010-02-19 00~00[/COLOR] (GMT+01:00) Paris
BJF Trading Group chart"

1.6200|~225||_____________________________________ ___|-0.91%|78.85%
1.5975|~45O||x____________________________________ ___|0.49%|76.36%
1.5750|~675||x_o__________________________________ ___|1.89%|73.88%
1.5525|~9OO||x_o__________________________________ ___|3.3%|71.4%
1.5300|~1125|x_o__________________________________ ___|4.7%|68.91%
1.5075|~135O|__o__________________________________ ___|6.1%|66.43%
1.4850|~1575|__o__________________________________ ___|7.5%|63.94%
1.4625|~18OO|__o__________________________________ ___|8.9%|61.46%
1.4400|~2O25|__o__________________________________ ___|10.3%|58.98%
1.4175|~225O|__o_x________________________________ ___|11.7%|56.49%
1.3950|~2475|__o_x_o_x____________________________ ___|13.11%|54.01%
1.3725|~27OO|__o_x_o_x_o__________________________ ___|14.51%|51.52%
1.3500|~2925|__o___o_x_o__________________________ ___|15.91%|49.04%
1.3275|~315O|______o_x_o__________________________ ___|17.31%|46.56%
1.3050|~3375|______o_x_o_____________________x____ ___|18.71%|44.07%
1.2825|~36OO|______o___o_________x___x___x___x_o__ ___|20.11%|41.59%
1.2600|~3825|__________o_x_______x_o_x_o_x_o_x_o__ ___|21.51%|39.1%
1.2375|~4O5O|__________o_x_o_____x_o_x_o_x_o_x_o__ ___|22.92%|36.62%
1.2150|~4275|__________o_x_o_____x_o_x_o___o_x_o__ ___|24.32%|34.14%
1.1925|~45OO|__________o___o_____x_o_x_____o___o__ ___|25.72%|31.65%
1.1700|~4725|______________o_x___x_o_x_________o_x ___|27.12%|29.17%
1.1475|~495O|______________o_x_o_x_o___________o_x _o_|28.52%|26.68%
1.1250|~5175|______________o_x_o_x_____________o_x _o_|29.92%|24.2%
1.1025|~54OO|______________o___o_x_____________o_x _o_|31.33%|21.72%
1.0800|~5625|__________________o_x_____________o__ _o_|32.73%|19.23%
1.0575|~585O|__________________o_x________________ _o_|34.13%|16.75%
1.0350|~6O75|__________________o_x________________ _o_|35.53%|14.26%
1.0125|~63OO|__________________o_x________________ ___|36.93%|11.78%
0.9900|~6525|__________________o_x________________ ___|38.33%|9.3%
0.9675|~675O|__________________o_x________________ ___|39.73%|6.81%
0.9450|~6975|__________________o_x________________ ___|41.14%|4.33%
0.9225|~72OO|__________________o__________________ ___|42.54%|1.84%
0.9000|~7425|_____________________________________ ___|43.94%|-0.64%
Column|~765O|4_1136_5_9_3_7_3_1116_6_6_3_3_4_5_104 _6_|
Count



BJF-Trading-Group_Excel_Chart
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  #22  
Old 27-02-2010, 15:45
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The GBP/CAD has been trading close to a bearish trend-line except one time as it crossed its trend but the bulls hadn't enough power to reverse the trend finally. After the GBP touched its first pivot resistance point which is on the same level as the trend-line the bears take control again and boosted the downward movement as the MACD tumbled. If also the pivot point will break it may clear the way through the 1.5925 level.

"P&F GBPCAD1440 Box Size 300X4 or(5.8%) CLOSE
Data 2.5359 - 1.6017 ~ 92 Month ~ 2814 Day
Database 2000 records 1.60165 (Last Close)
2002-06-14 00~00
2010-02-26 00~00 (GMT+01:00) Paris
BJF Trading Group chart"

2.5500|~3OO||_____________________________________ _______________________|-0.56%|59.21%
2.5200|~6OO||____x___x____________________________ _______________________|0.63%|57.33%
2.4900|~9OO||x___x_o_x_o_x________________________ _______________________|1.81%|55.46%
2.4600|~12OO|x_o_x_o_x_o_x_o______________________ _______________________|2.99%|53.59%
2.4300|~15OO|x_o_x_o_x_o_x_o______________________ _______________________|4.18%|51.71%
2.4000|~18OO|x_o_x_o_x_o_x_o_________x____________ _______________________|5.36%|49.84%
2.3700|~21OO|x_o_x_o_x_o___o_x___x___x_o__________ _______________________|6.54%|47.97%
2.3400|~24OO|x_o___o_x_____o_x_o_x_o_x_o__________ _______________________|7.73%|46.09%
2.3100|~27OO|x_____o_x_____o_x_o_x_o_x_o_x________ _______________________|8.91%|44.22%
2.2800|~3OOO|x_____o_x_____o_x_o_x_o_x_o_x_o______ _______________________|10.09%|42.35%
2.2500|~33OO|______o_x_____o_x_o___o___o_x_o______ _______________________|11.27%|40.48%
2.2200|~36OO|______o_x_____o_x_________o_x_o______ _______________________|12.46%|38.6%
2.1900|~39OO|______o_x_____o___________o_x_o______ _______________________|13.64%|36.73%
2.1600|~42OO|______o___________________o_x_o______ _______________________|14.82%|34.86%
2.1300|~45OO|__________________________o_x_o______ _______________________|16.01%|32.98%
2.1000|~48OO|__________________________o_x_o______ _______________________|17.19%|31.11%
2.0700|~51OO|__________________________o_x_o_x____ _______________________|18.37%|29.24%
2.0400|~54OO|__________________________o_x_o_x_o_x ___x___x_______________|19.56%|27.36%
2.0100|~57OO|__________________________o_x_o_x_o_x _o_x_o_x_o_____________|20.74%|25.49%
1.9800|~6OOO|__________________________o___o_x_o_x _o_x_o_x_o_____________|21.92%|23.62%
1.9500|~63OO|______________________________o_x_o_x _o_x_o_x_o_____________|23.1%|21.75%
1.9200|~66OO|______________________________o_x_o__ _o___o_x_o_____________|24.29%|19.87%
1.8900|~69OO|______________________________o______ _____o_x_o_x___x_______|25.47%|18%
1.8600|~72OO|_____________________________________ _____o___o_x_o_x_o_____|26.65%|16.13%
1.8300|~75OO|_____________________________________ _________o_x_o_x_o_____|27.84%|14.25%
1.8000|~78OO|_____________________________________ _________o_x_o_x_o_____|29.02%|12.38%
1.7700|~81OO|_____________________________________ _________o___o_x_o_x___|30.2%|10.51%
1.7400|~84OO|_____________________________________ _____________o_x_o_x_o_|31.39%|8.63%
1.7100|~87OO|_____________________________________ _____________o_x_o_x_o_|32.57%|6.76%
1.6800|~9OOO|_____________________________________ _____________o___o_x_o_|33.75%|4.89%
1.6500|~93OO|_____________________________________ _________________o_x_o_|34.93%|3.02%
1.6200|~96OO|_____________________________________ _________________o___o_|36.12%|1.14%
1.5900|~99OO|_____________________________________ _____________________o_|37.3%|-0.73%
Column|~1O2O|8_5_6_12125_4_106_4_4_4_5_1411146_5_4 _4_4_6_6_9_4_7_7_9_5_6_|
Count




BJF-Trading-Group_Excel_Chart
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  #23  
Old 04-03-2010, 07:52
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Current level-0,9070

Longer term bias remains neutral to bullish for the pair, closing above both bearish trendlines confirms some upside for the week ahead.

Intraday: the pair keeps pushing up supported by the 1 hour 50 moving average. Lower highs on shorter time frames suggest a dip before challenging 0,9150.

"P&F EURGBP1440 Box Size 120X3 or(4.49%) CLOSE
Data 0.977 - 0.6251 ~ 93 Month ~ 2808 Day
Database 2000 records 0.90707 (Last Close)
[COLOR="DarkOrange"]2002[/COLOR]-06-26 00~00
2010-03-04 00~00 (GMT+01:00) Paris
BJF Trading Group chart"

0.9840|~12O||_____________________________________ _____________|-0.72%|57.41%
0.9720|~24O||____________________________x________ _____________|0.51%|55.5%
0.9600|~36O||____________________________x_o______ _____________|1.74%|53.58%
0.9480|~48O||____________________________x_o______ _____________|2.97%|51.66%
0.9360|~6OO||____________________________x_o_x___x _____________|4.2%|49.74%
0.9240|~72O||____________________________x_o_x_o_x _o_x_________|5.42%|47.82%
0.9120|~84O||____________________________x_o_x_o_x _o_x_o_x_____|6.65%|45.9%
0.9000|~96O||____________________________x_o_x_o_x _o_x_o_x_o_x_|7.88%|43.98%
0.8880|~1O8O|____________________________x_o_x_o_x _o_x_o_x_o_x_|9.11%|42.06%
0.8760|~12OO|____________________________x_o___o_x _o_x_o___o_x_|10.34%|40.14%
0.8640|~132O|____________________________x_____o__ _o_x_____o___|11.57%|38.22%
0.8520|~144O|________________________x___x________ _o_x_________|12.79%|36.3%
0.8400|~156O|________________________x_o_x________ _o___________|14.02%|34.38%
0.8280|~168O|________________________x_o_x________ _____________|15.25%|32.46%
0.8160|~18OO|____________________x___x_o__________ _____________|16.48%|30.54%
0.8040|~192O|________________x___x_o_x____________ _____________|17.71%|28.62%
0.7920|~2O4O|________________x_o_x_o_x____________ _____________|18.94%|26.7%
0.7800|~216O|________________x_o_x_o_x____________ _____________|20.16%|24.78%
0.7680|~228O|________________x_o___o______________ _____________|21.39%|22.86%
0.7560|~24OO|________________x____________________ _____________|22.62%|20.94%
0.7440|~252O|________________x____________________ _____________|23.85%|19.02%
0.7320|~264O|________________x____________________ _____________|25.08%|17.1%
0.7200|~276O|x_______________x____________________ _____________|26.31%|15.18%
0.7080|~288O|x_o_x___________x____________________ _____________|27.53%|13.26%
0.6960|~3OOO|x_o_x_o_x___x___x____________________ _____________|28.76%|11.34%
0.6840|~312O|x_o_x_o_x_o_x_o_x____________________ _____________|29.99%|9.42%
0.6720|~324O|x_o_x_o_x_o_x_o_x____________________ _____________|31.22%|7.5%
0.6600|~336O|x_o_x_o___o___o_x____________________ _____________|32.45%|5.58%
0.6480|~348O|x_o___________o______________________ _____________|33.67%|3.66%
0.6360|~36OO|x____________________________________ _____________|34.9%|1.74%
0.6240|~372O|_____________________________________ _____________|36.13%|-0.18%
Column|||||||8_6_5_4_3_3_3_4_133_4_4_7_3_138_5_6_6 _8_7_4_3_4_3_|
Count




BJF-Trading-Group_Excel_Chart
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  #24  
Old 15-03-2010, 10:02
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AUDJPY
Last week retreat after prolonged hesitation against 83.00 has been short lived and the Aussie dollar is again testing recent highs while writing these lines. Bullish momentum is formed on both intra-day and short-term charts, upside being favored while 82.30 limits losses on pullbacks. 84.00/25 is in the cards, if 83.30 breaks.

"P&F AUDJPY1440 Box Size 170X4 or(8.35%) HI/LO
Data 107.86 - 55.11 ~ 92 Month ~ 2797 Day
Database 2000 records 82.852 (Last Close)
2002-07-18 00~00
2010-03-15 00~00 (GMT+01:00) Paris
BJF Trading Group chart"

108.8|~17O||______________________________|-0.87%|97.42%
107.1|~34O||_____X_X______________________|0.7%|94 .34%
105.4|~51O||_____XoXo_____________________|2.28%|9 1.25%
103.7|~68O||_____XoXo__X__________________|3.86%|8 8.17%
102.0|~85O||_____XoXo__Xo_________________|5.43%|8 5.08%
100.3|~1O2O|_____XoXoX_Xo_________________|7.01%|8 2%
98.60|~119O|_____XoXoXoXo_________________|8.59%|7 8.91%
96.90|~136O|_____XoXoXoXo_________________|10.16%| 75.83%
95.20|~153O|_____XoXoXoXo_________________|11.74%| 72.75%
93.50|~17OO|_____XoXoXoXo_________________|13.31%| 69.66%
91.80|~187O|_____XoXoXoXo_________________|14.89%| 66.58%
90.10|~2O4O|___X_XoXo_oXoX________________|16.47%| 63.49%
88.40|~221O|___XoXoX__o_oXo_______________|18.04%| 60.41%
86.70|~238O|___XoXo_____oXo_______________|19.62%| 57.32%
85.00|~255O|_X_XoX______oXo__________X_X__|21.19%| 54.24%
83.30|~272O|_XoXo_______oXo__________XoXoX|22.77%| 51.15%
81.60|~289O|_XoX________o_o__________XoXoX|24.35%| 48.07%
79.90|~3O6O|_XoX__________o________X_XoXoX|25.92%| 44.98%
78.20|~323O|_XoX__________o________XoXo_oX|27.5%|4 1.9%
76.50|~34OO|_XoX__________o________XoX__o_|29.07%| 38.81%
74.80|~357O|_Xo___________o________XoX____|30.65%| 35.73%
73.10|~374O|_X____________o__X_____XoX____|32.23%| 32.64%
71.40|~391O|_X____________oX_Xo____Xo_____|33.8%|2 9.56%
69.70|~4O8O|_X____________oXoXoX___X______|35.38%| 26.47%
68.00|~425O|_X____________oXoXoXoX_X______|36.96%| 23.39%
66.30|~442O|oX____________oXoXoXoXoX______|38.53%| 20.3%
64.60|~459O|oX____________o_o_oXoXoX______|40.11%| 17.22%
62.90|~476O|o_________________oXoXoX______|41.68%| 14.14%
61.20|~493O|__________________oXoXoX______|43.26%| 11.05%
59.50|~51OO|__________________oXoXoX______|44.84%| 7.97%
57.80|~527O|__________________oXo_oX______|46.41%| 4.88%
56.10|~544O|__________________o___o_______|47.99%| 1.8%
54.40|~561O|______________________________|49.56%|-1.29%
Column||||||316941111679151445187671584454|
Count|||||||_3___422O___3_5___O____4______|




BJF-Trading-Group_Excel_Chart
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  #25  
Old 21-03-2010, 07:53
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A week of risk appetite has benefitted commodity dollars and sunk the yen as the carry trade takes center stage. Optimism is showing signs of fading as markets take inventory of current valuations in light in the anniversary on the 2009 bottom. Prices may have outpaced underlining fundamentals which could lead to a retracement of risky assets which would set up the CAD/JPY for a failed test of the upper bound of the current range.

"P&F CADJPY1440 Box Size1 80X3 or(5.51%) HI/LO
Data 125.09 - 70.85 ~ 92 Month ~ 2796 Day
Database 2000 records 88.962 (Last Close)
2002-07-23 00~00
2010-03-19 00~00 (GMT+01:00) Paris
BJF Trading Group chart"

126.0|~18O||______________________________________ _|-0.73%|77.84%
124.2|~36O||____________X_________________________ _|0.71%|75.3%
122.4|~54O||____________Xo________________________ _|2.15%|72.76%
120.6|~72O||____________Xo________________________ _|3.59%|70.22%
118.8|~9OO||____________Xo________________________ _|5.03%|67.68%
117.0|~1O8O|__________X_Xo________________________ _|6.47%|65.14%
115.2|~126O|__________XoXoX_______________________ _|7.91%|62.6%
113.4|~144O|__________XoXoXo______________________ _|9.35%|60.06%
111.6|~162O|__________XoXoXo______________________ _|10.78%|57.52%
109.8|~18OO|__________XoXoXo______________________ _|12.22%|54.98%
108.0|~198O|__________XoXo_oX_____________________ _|13.66%|52.43%
106.2|~216O|________X_XoX__oXoX___________________ _|15.1%|49.89%
104.4|~234O|______X_XoXo___oXoXo__________________ _|16.54%|47.35%
102.6|~252O|______XoXoX____o_oXoX_________________ _|17.98%|44.81%
100.8|~27OO|______XoXoX______oXoXo________________ _|19.42%|42.27%
99.00|~288O|______XoXo_______oXoXo________________ _|20.86%|39.73%
97.20|~3O6O|______Xo_________o_o_o________________ _|22.3%|37.19%
95.40|~324O|______X______________o________________ _|23.73%|34.65%
93.60|~342O|______X______________o________________ _|25.17%|32.11%
91.80|~36OO|______X______________o________________ _|26.61%|29.57%
90.00|~378O|======X==============oX=========X===X= X|28.05%|27.03%
88.20|~396O|X___X_X______________oXo______X_XoX_Xo X|29.49%|24.49%
86.40|~414O|Xo__XoX______________oXoX_____XoXoXoXo X|30.93%|21.95%
84.60|~432O|XoX_XoX______________oXoXo____XoXoXoXo X|32.37%|19.41%
82.80|~45OO|XoXoXo_______________o_oXo____XoXoXoXo _|33.81%|16.87%
81.00|~468O|XoXoX==================oXo====XoXo=o== =|35.25%|14.33%
79.20|~486O|Xo_o___________________oXoX_X_Xo______ _|36.69%|11.79%
77.40|~5O4O|X______________________oXoXoXoX_______ _|38.12%|9.24%
75.60|~522O|X______________________oXoXoXoX_______ _|39.56%|6.7%
73.80|~54OO|_______________________oXo_oXoX_______ _|41%|4.16%
72.00|~558O|_______________________o___o_oX_______ _|42.44%|1.62%
70.20|~576O|_____________________________o________ _|43.88%|-0.92%
Column||||||85335314541719473655314187344515654454 4|
Count|||||||______2___O_1________1_O______O_______ _|




BJF-Trading-Group_Excel_Chart
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  #26  
Old 23-03-2010, 19:58
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We'd talked bout Euro's weakness against commodity currencies in our weekly report and the outlook of Sterling is no better from that. GBP/CAD edged lower to 1.5172 yesterday and the down trend remains in force for 100% projection of 1.9299 to 1.6233 from 1.7890 at 1.4842. A break above 1.5552 resistance is needed to be first signal of bottoming or outlook will remain bearish.

"P&F GBPCAD1440 Box Size 330X3 or(4.87%) HI/LO
Data 2.5471 - 1.5172 ~ 92 Month ~ 2813 Day
Database 2000 records 1.53001 (Last Close)
2002-07-10 00~00
2010-03-23 00~00 (GMT+01:00) Paris
BJF Trading Group chart"

2.5410|~33O||__________________________________|0. 24%|67.48%
2.5080|~66O||__X_XoX_X_________________________|1. 54%|65.3%
2.4750|~99O||X_XoXoXoXo________________________|2. 83%|63.13%
2.4420|~132O|XoXoXoXoXo________________________|4. 13%|60.95%
2.4090|~165O|XoXo_oXoXo________________________|5. 42%|58.78%
2.3760|~198O|_o___oXo_oX_X_X___________________|6. 72%|56.6%
2.3430|~231O|_____oX__oXoXoXoX_________________|8. 01%|54.43%
2.3100|~264O|_____oX__oXoXoXoXo________________|9. 31%|52.25%
2.2770|~297O|_____oX__oXo_o_oXo________________|10 .6%|50.08%
2.2440|~33OO|_____oX__oX____oXo________________|11 .9%|47.9%
2.2110|~363O|_____oX__o_____oXo________________|13 .2%|45.73%
2.1780|~396O|_____o_________oXo________________|14 .49%|43.55%
2.1450|~429O|_______________oXo________________|15 .79%|41.38%
2.1120|~462O|_______________oXo________________|17 .08%|39.2%
2.0790|~495O|_______________oXoX_______________|18 .38%|37.03%
2.0460|~528O|_______________oXoXoX_X_X_________|19 .67%|34.85%
2.0130|~561O|_______________oXoXoXoXoXo________|20 .97%|32.68%
1.9800|~594O|_______________o_oXoXoXoXo________|22 .26%|30.5%
1.9470|~627O|_________________oXo_o_oXo________|23 .56%|28.33%
1.9140|~66OO|_________________o_____oXoX___X___|24 .86%|26.15%
1.8810|~693O|_______________________o_oXo__Xo__|26 .15%|23.98%
1.8480|~726O|_________________________oXoX_Xo__|27 .45%|21.8%
1.8150|~759O|_________________________o_oXoXo__|28 .74%|19.63%
1.7820|~792O|___________________________oXoXoX_|30 .04%|17.45%
1.7490|~825O|___________________________o_oXoXo|31 .33%|15.28%
1.7160|~858O|_____________________________oXoXo|32 .63%|13.1%
1.6830|~891O|_____________________________o_oXo|33 .92%|10.93%
1.6500|~924O|_______________________________o_o|35 .22%|8.75%
1.6170|~957O|_________________________________o|36 .52%|6.58%
1.5840|~99OO|_________________________________o|37 .81%|4.4%
1.5510|~1O23|_________________________________o|39 .11%|2.23%
1.5180|~1O56|_________________________________o|40 .4%|0.05%
1.4850|~1O89|__________________________________|41 .7%|-2.12%
Column|||||||3343311449533331115433355735357848|
Count||||||||_____1O________213________________|




BJF-Trading-Group_Excel_Chart
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  #27  
Old 30-03-2010, 10:40
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The EUR/AUD has been trading in a bearish trend-channel since the beginning of February and fell to a new all-time low. As you can see, the Bollinger Bands contracted like a bottle neck before the currency pair began its youngest bearish movement. From a technical point of view it seems that there are currently no more support levels. Also the MACD reversed and could show a bearish perspective.

"P&F EURAUD1440 Box Size 225X4 or(5.04%) HI/LO
Data 2.1126 - 1.4599 ~ 92 Month ~ 2808 Day
Database 2000 records 1.47038 (Last Close)
2002-07-22 00~00
2010-03-30 00~00 (GMT+01:00) Paris
BJF Trading Group chart"

2.1150|~225||_____________________________________ _|-0.11%|44.87%
2.0925|~45O||______________________X_X_______X____ _|0.95%|43.33%
2.0700|~675||______________________XoXoX_X___Xo___ _|2.02%|41.79%
2.0475|~9OO||______________________XoXoXoXoX_Xo___ _|3.08%|40.25%
2.0250|~1125|______________________XoXoXoXoXoXoX__ _|4.15%|38.71%
2.0025|~135O|______________________XoXoXoXoXoXoXoX _|5.21%|37.17%
1.9800|~1575|______________________XoXoXoXoXoXoXoX o|6.28%|35.63%
1.9575|~18OO|______________________XoXoXoXoXoXoXoX o|7.34%|34.08%
1.9350|~2O25|______________________Xo_oXoXoXo_oXoX o|8.41%|32.54%
1.9125|~225O|______________________X__o_oXoX__oXo_ o|9.47%|31%
1.8900|~2475|______________________X____o_oX__oX__ o|10.54%|29.46%
1.8675|~27OO|__X___________________X______o___o___ o|11.6%|27.92%
1.8450|~2925|X_Xo__________________X______________ o|12.67%|26.38%
1.8225|~315O|XoXo________________X_X______________ o|13.73%|24.84%
1.8000|~3375|XoXo________________XoX______________ o|14.8%|23.3%
1.7775|~36OO|_oXo____X___________XoX______________ o|15.86%|21.75%
1.7550|~3825|_oXoX___XoX_________XoX______________ o|16.93%|20.21%
1.7325|~4O5O|_o_oXo__XoXoX_X___X_Xo_______________ o|17.99%|18.67%
1.7100|~4275|___oXo__XoXoXoXoX_XoX________________ o|19.06%|17.13%
1.6875|~45OO|___oXoX_XoXoXoXoXoXoX________________ o|20.12%|15.59%
1.6650|~4725|___o_oXoXo_oXoXoXoXoX________________ o|21.19%|14.05%
1.6425|~495O|_____oXoX__oXoXoXoXoX________________ o|22.25%|12.51%
1.6200|~5175|_____oXoX__oXoXoXoXo_________________ o|23.32%|10.97%
1.5975|~54OO|_____o_oX__oXoXoXo___________________ o|24.38%|9.43%
1.5750|~5625|_______o___o_oXoX____________________ o|25.45%|7.88%
1.5525|~585O|=============o=o===================== o|26.51%|6.34%
1.5300|~6O75|_____________________________________ o|27.58%|4.8%
1.5075|~63OO|_____________________________________ o|28.64%|3.26%
1.4850|~6525|_____________________________________ o|29.71%|1.72%
1.4625|~675O|_____________________________________ o|30.77%|0.18%
1.4400|~6975|_____________________________________ _|31.84%|-1.36%
Column|||||||3569474595487888756594177878898571754 2|
Count||||||||______________________6__________O___ 4|





BJF-Trading-Group_Excel_Chart
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  #28  
Old 08-04-2010, 11:17
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On the daily chart, although the New Zealand dollar retreated from 0.7180 to 0.6964, as price has rebounded from there, suggesting as long as this support holds, consolidation with mild upside bias remains and break of said resistance would bring stronger rebound to indicated upside target at 0.7221 (50% Fibonacci retracement of 0.7635 to 0.6807) and possibly towards 0.7319 (61.8% Fibonacci retracement) but reckon key resistance at 0.7445 would continue to hold.

"P&F NZDUSD1440 Box Size 1250X3 or(5.91%) HI/LO
Data 0.8214 - 0.4485 ~ 93 Month ~ 2809 Day
Database 2000 records 0.70291 (Last Close)
2002-07-30 00~00
2010-04-08 00~00 (GMT+01:00) Paris
BJF Trading Group chart"

0.8125|~125||___________________X_________________ __|1.08%|81.16%
0.8000|~25O||_________Xo________Xo________________ __|2.61%|78.37%
0.7875|~375||_________Xo____X_X_Xo________________ __|4.13%|75.59%
0.7750|~5OO||_________Xo__X_XoXoXo________________ __|5.65%|72.8%
0.7625|~625||_________Xo__XoXoXoXo____________X___ __|7.17%|70.01%
0.7500|~75O||_________Xo__XoXo_o_o____________XoX_ __|8.69%|67.22%
0.7375|~875||___X_____Xo__Xo_____o____________XoXo X_|10.21%|64.44%
0.7250|~1OOO|___Xo____XoX_X______o____________XoXo Xo|11.74%|61.65%
0.7125|~1125|___XoX___XoXoX______o____________Xo_o Xo|13.26%|58.86%
0.7000|~125O|_X_XoXo__XoXoX______o____________X__o _o|14.78%|56.08%
0.6875|~1375|_XoXoXo__XoXo_______oX___________X___ _o|16.3%|53.29%
0.6750|~15OO|_XoXo_o__Xo_________oXo__________X___ __|17.82%|50.5%
0.6625|~1625|_XoX__o__X__________oXo__________X___ __|19.35%|47.71%
0.6500|~175O|_XoX__o__X__________o_o__________X___ __|20.87%|44.93%
0.6375|~1875|_XoX__oX_X____________o__________X___ __|22.39%|42.14%
0.6250|~2OOO|_XoX__oXoX____________oX_________X___ __|23.91%|39.35%
0.6125|~2125|_XoX__oXoX____________oXoX_______X___ __|25.43%|36.57%
0.6000|~225O|_Xo___o_o_____________oXoXoX_____X___ __|26.95%|33.78%
0.5875|~2375|_X____________________o_oXoXo__X_X___ __|28.48%|30.99%
0.5750|~25OO|_X______________________oXoXo__XoX___ __|30%|28.21%
0.5625|~2625|_X______________________oXoXo__XoX___ __|31.52%|25.42%
0.5500|~275O|_X______________________oXoXo__Xo____ __|33.04%|22.63%
0.5375|~2875|_X______________________o_oXoX_X_____ __|34.56%|19.84%
0.5250|~3OOO|_X________________________o_oXoX_____ __|36.08%|17.06%
0.5125|~3125|_X__________________________oXoX_____ __|37.61%|14.27%
0.5000|~325O|_X__________________________o_o______ __|39.13%|11.48%
0.4875|~3375|_X___________________________________ __|40.65%|8.7%
0.4750|~35OO|_X___________________________________ __|42.17%|5.91%
0.4625|~3625|oX___________________________________ __|43.69%|3.12%
0.4500|~375O|o____________________________________ __|45.22%|0.33%
Column|||||||2281539331143734333513837676833731434 34|
Count||||||||_O_1_____61_________3____________7___ __|




BJF-Trading-Group_Excel_Chart
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  #29  
Old 14-04-2010, 08:24
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The underlying MT direction is bearish while the daily bias is bearish. Therefore the main risk is lower. Ensure that key resistances levels hold. Note key support levels that would suggest continuation of the bearish move. Consider confirming this with a bearish set up pattern in price or important that you consider either bullish or bearish set up patterns in indicators or lower time frame charts to support S&R breaks.

"P&F USDCAD15 Box Size 10X4 or(0.39%) HI/LO
Data 1.0302 - 0.9977 ~ 1 Month ~ 29.05 Day
Database 2000 records 0.99813 (Last Close)
2010-03-16 08~45
2010-04-14 10~00 (GMT+01:00) Paris
BJF Trading Group chart"

1.0300|~1O|||___________X___________________|0.02% |3.24%
1.0290|~2O|||___________Xo__________________|0.12% |3.14%
1.0280|~3O|||_________X_Xo__________________|0.21% |3.04%
1.0270|~4O|||_________XoXo__________________|0.31% |2.94%
1.0260|~5O|||_________XoXo__________________|0.41% |2.84%
1.0250|~6O|||_________XoXo__________________|0.5%| 2.74%
1.0240|~7O|||_____X___XoXo__________________|0.6%| 2.64%
1.0230|~8O|||_____Xo__XoXo__________________|0.7%| 2.54%
1.0220|~9O|||_____XoX_XoXoX_________________|0.8%| 2.44%
1.0210|~1OO||_____XoXoXoXoXoX_______________|0.89% |2.34%
1.0200|~11O||_____XoXoXoXoXoXo______________|0.99% |2.24%
1.0190|~12O||_____XoXoXoXoXoXoX_____________|1.09% |2.13%
1.0180|~13O||o__X_XoXoXoXo_oXoXo____________|1.18% |2.03%
1.0170|~14O||o__XoXo_oXo___oXoXo____________|1.28% |1.93%
1.0160|~15O||o__XoX__o_____o_oXo____________|1.38% |1.83%
1.0150|~16O||o__XoX__________oX4____________|1.48% |1.73%
1.0140|~17O||o__XoX__________oXo____________|1.57% |1.63%
1.0130|~18O||oX_XoX__________o_o____________|1.67% |1.53%
1.0120|~19O||oXoXoX____________oX___________|1.77% |1.43%
1.0110|~2OO||oXoXoX____________oXo__________|1.86% |1.33%
1.0100|~21O||oXoXoX____________oXoX_________|1.96% |1.23%
1.0090|~22O||oXo_oX____________oXoXo________|2.06% |1.13%
1.0080|~23O||oX__oX____________oXoXoX___X___|2.15% |1.03%
1.0070|~24O||o___o_____________o_oXoXoX_Xo__|2.25% |0.93%
1.0060|~25O||____________________oXoXoXoXoX_|2.35% |0.83%
1.0050|~26O||____________________oXoXoXoXoXo|2.45% |0.73%
1.0040|~27O||____________________oXoXoXoXoXo|2.54% |0.63%
1.0030|~28O||____________________oXoXo_oXoXo|2.64% |0.53%
1.0020|~29O||____________________oXoX__o_oXo|2.74% |0.43%
1.0010|~3OO||____________________oXoX____o_o|2.83% |0.33%
1.0000|~31O||____________________oXo_______o|2.93% |0.23%
0.9990|~32O||____________________oX________o|3.03% |0.13%
0.9980|~33O||____________________o__________|3.13% |0.03%
0.9970|~34O||_______________________________|3.22% |-0.07%
Column|||||||1649117561111465861511185456757|
Count||||||||2___17___2132_____2_42O________|




BJF-Trading-Group_Excel_Chart
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  #30  
Old 18-04-2010, 17:21
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Commodity were hit hard with crude oil down to close at 83.24 while gold closed at 1136.9. Dollar managed to recover earlier losses against major currencies. While the sharp reversal in dollar pairs and yen crosses worth mentioning, it must be noted that the moves were not enough to confirm reversal in recent decline in the neither currencies yet. For example, the dollar index, which closed the week at 80.77, is still way off recent high of 82.24. Follow through selling in stocks and commodities is needed to push dollar and yen through near term resistance to confirm reversal.

"P&F _DY1440 Box Size1 30X2 or(2.89%) HI/LO
Data 109.24 - 70.7 ~ 93 Month ~ 2832 Day
Database 2000 records 80.77 (Last Close)
2002-07-15 00~00
2010-04-16 00~00 (GMT+01:00) Paris
BJF Trading Group chart"



BJF-Trading-Group_Excel_Chart
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  #31  
Old 20-04-2010, 05:55
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GBPCAD Review and Outlook
=========================
GBPCAD=GbpUsdXUsdCad
GBP/USD closed higher due to short covering on Monday. The high-range close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI are neutral signalling that sideways to higher prices are possible near-term. If it extends last week's decline, March's high crossing is the next downside target. Closes above the 20-day moving average crossing are needed to confirm a short-term low has been posted.
Long term bias for the USD/CAD bearish, the weekly close below 1,0250 signals further declines. Forming a base around parity.

"P&F GBPCAD1440 Box Size 300X3 or(4.65%) HI/LO
Data 2.3563 - 1.5115 ~ 58 Month ~ 1762 Day
Database 1303 records 1.5535 (Last Close)
2005-06-23 00~00
2010-04-20 00~00 (GMT+01:00) Paris
BJF Trading Group chart"



BJF-Trading-Group_Excel_Chart

Last edited by MDunleavy; 20-04-2010 at 06:08.
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  #32  
Old 20-04-2010, 22:40
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Crude Oil Falls As Inventories Are Seen High And Plenty Of Supply
Analysis - Commodity Market Commentaries
Written by Finotec | Tue Apr 20 10 01:13 ET

OPEC violating production quotas at the same time as demand from industrialized nations stagnates is spurring bets in the oil market that the 13-month rally in crude is coming to an end. It's a bubble and we don't know when it's going to go bust, but it's just a question of time,' said Eugen Weinberg, a senior analyst with Commerzbank AG in Frankfurt. 'So enjoy the party but stay close to the door.' U.S. demand will drop 9.4 percent to average 18.84 million barrels a day this year, from a record 20.8 million in 2005, the Energy Department said on April 6. The U.S. uses more than twice as much crude as China, the second-biggest consumer. India is fourth. Crude oil is trading at $83.40 as of 21:25pm, London-Time, with a bearish trend. Crude's Pool-Position is 33% Long, meaning that most Finotec clients are selling the commodity.

"P&F O I L (brent) Box Size4X3 or(13.77%) CLOSE
Data 147.53 - 26.7 ~ 80 Month ~ 2450 Day
Database 1676 records 85.25 (Last Close)
2003-08-04 00~00
2010-04-19 00~00 (GMT+01:00) Paris
BJF Trading Group chart"



BJF-Trading-Group_Excel_Chart
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  #33  
Old 24-04-2010, 14:29
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What's In Store for the EUR and the USD Next Week?
At the end of a volatile trading week which has seen a turmoil in Greek bonds and has culminated with a formal request from Greece for financial aid from the EU and IMF, I explore the important economic events for the week ahead and ponder what they may bring for the EUR and the USD, I examine this morning's EUR strengthening and analyze the latest trend developments with the EUR/USD, EUR/JPY and EUR/GBP currency pairs, I note the bullish breakout of the USD vs. JPY, I examine the weakness of the GBP and CAD after series of disappointing economic reports from the U.K. and Canada.
This is my forecast!

"P&F EURUSD1440 Box Size 200X3 or(4.68%) HI/LO
Data 1.6038 - 0.9607 ~ 92 Month ~ 2796 Day
Database 2000 records 1.33811 (Last Close)
2002-08-27 00~00
2010-04-23 00~00 (GMT+01:00) Paris
BJF Trading Group chart"



BJF-Trading-Group_Excel_Chart
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  #34  
Old 27-04-2010, 08:29
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EUR/CHF Weekly Outlook
Despite dipping to 1.4294 briefly, there was no follow through selling and EUR/CHF recovered back into familiar range. Outlook is turned neutral again and more choppy sideway trading might be seen. On the downside, break of 1.4294 will argue that rebound from 1.4143 is completed at 1.4465 already and turn bias to the downside for this support first. On the upside, above 1.4386 will suggest that stronger recovery might be seen. But after all, we'd continue to expect strong resistance near to 1.4557 support turned resistance to limit upside and bring fall resumption sooner or later.

"P&F EURCHF1440 Box Size 100X3 or(1.94%) HI/LO
Data 1.6827 - 1.4144 ~ 92 Month ~ 2811 Day
Database 2000 records 1.43556 (Last Close)
2002-08-16 00~00
2010-04-27 00~00 (GMT+01:00) Paris
BJF Trading Group chart"



BJF-Trading-Group_Excel_Chart
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  #35  
Old 01-05-2010, 19:56
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The pound reverThe pound reversed below the new support level at $1.53, warning of a bull trap.
Expect another test of $1.48.
Recovery above $1.53, however, would signal a rally to $1.60, confirmed if the declining trendline is broken.

"P&F GBPUSD1440 Box Size 250X3 or(4.33%) HI/LO
Data 2.1161 - 1.3502 ~ 91 Month ~ 2797 Day
Database 2000 records 1.52649 (Last Close)
2002-09-02 00~00
2010-04-30 00~00 (GMT+01:00) Paris
BJF Trading Group chart"



BJF-Trading-Group_Excel_Chart
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  #36  
Old 04-05-2010, 06:51
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EURJPY Outlook
As you can see in charts below, the lower line of the bullish channel did a good job preventing further bearish pressure and keep the bullish scenario intact. The bias is neutral in nearest term as we haven't see significant bullish momentum so far. Immediate resistance at 125.65. Break above that area could trigger further bullish momentum targeting 126.50 region. Initial support at 124.66 (current low). Break below that area could trigger further downside pressure re-testing the lower line of the bullish channel once again.

"P&F EURJPY1440 Box Size200X3 or(4.25%) HI/LO
Data 169.97 - 112.16 ~ 37 Month ~ 1152 Day
Database 825 records 124.7 (Last Close)
2007-03-05 00~00
2010-04-30 00~00 (GMT+01:00) Paris
BJF Trading Group chart"



BJF-Trading-Group_Excel_Chart
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  #37  
Old 05-05-2010, 17:14
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USDJPY is currently trading 94.70 levels. A break above 94.30(2 days close), we could target 97-98 levels. Weekly close above 92 levels has increased chances for a bearish move for the yen currency. Importers hold for medium term covers. (USDJPY- 94.70). Long Term (3-6 months) target 98 and higher.We just need a conistent break of 94.30 to make thes happen.

"P&F USDJPY1440 Box Size 140X4 or(5.32%) HI/LO
Data 125.75 - 84.819 ~ 92 Month ~ 2800 Day
Database 2000 records 94.26 (Last Close)
2002-09-04 00~00
2010-05-05 00~00 (GMT+01:00) Paris
BJF Trading Group chart"




BJF-Trading-Group_Excel_Chart
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  #38  
Old 07-05-2010, 12:51
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Since the middle of March, the GBP/CHF has been gaining along a bullish Fibonacci fan. After crossing the horizontal resistance around 1.6645, the pair reached the upward resistance line. If the pair does not pass the bullish resistance line, we might see a pull-back downside, where we have the support levels.

"P&F GBPCHF1440 Box Size 30X3 or(4.49%) HI/LO
Data 2.4965 - 1.511 ~ 93 Month ~ 2808 Day
Database 2000 records 1.61685 (Last Close)
2002-08-29 00~00
2010-05-07 00~00 (GMT+01:00) Paris
BJF Trading Group chart"



BJF-Trading-Group_Excel_Chart
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  #39  
Old 12-05-2010, 19:46
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Trade Idea: EURNZD - Sell at 1.800 Target: 1.6400, Stop: 1.8200
=============================================
We are going into a period of potentially unusual price action at the beginning
of the week. An extended holiday for US, UK and New Zealand markets will warp
liquidity which could lead to untimely breakouts or simply a drop back into
congestion bands. This presents significant risk to all range-based strategies;
but EURNZD may have a better grounding for holding its congestion.

"P&F EURNZD1440 Box Size 300X3 or(4.27%) HI/LO
Data 2.5792 - 1.6343 ~ 84 Month ~ 2562 Day
Database 1833 records 1.7729 (Last Close)
2003-05-07 00~00
2010-05-12 00~00 (GMT+01:00) Paris
BJF Trading Group chart"



BJF-Trading-Group_Excel_Chart
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  #40  
Old 14-05-2010, 06:34
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Trade Idea: USDCHF - Sell at 1.1120 Target: 1.0920, Stop: 1.1200
===============================================
The pair is still fluctuating around pivotal resistance 1.1120; whereas the bullish technical pattern is still intact and awaits a start signal that will be achieve through building a base above 1.1120. MA 50 is supporting the pair to move to the upside, therefore we expect a bullish intraday trend that targets 1.1250 – 1.1290 and requires the four hour close above 1.1050.

"P&F USDCHF1440 Box Size 200X3 or(4.83%) HI/LO
Data 1.5176 - 0.9644 ~ 92 Month ~ 2787 Day
Database 2001 records 1.1172 (Last Close)
2002-09-26 00~00
2010-05-14 00~00 (GMT+01:00) Paris
BJF Trading Group chart"



BJF-Trading-Group_Excel_Chart
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