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EUR - USD Hourly Chart For 2 March 2009

| Saturday, February 28, 2009

There are signs of a bearish drop on the hourly chart if it breaks trough the support line .

EUR - GBP Daily Forecast - 27 Feb 2009

| Friday, February 27, 2009

EUR - GBP movement is a little bit complicated but the charts show that if it breaks the 23.6 Fibo level it will go up . Otherwise it will continue it`s downtrend movement .


GBP - JPY Monthly Forecast - 27 Feb 2009

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Here we can see that G-J will try to go to a stable Fibonacci suport level (23.6) . If it fails to do so it will most probably end in a downtrend , while if it breaks the resistance you should go long untill the first Fibonacci level .

EUR - USD daily forecast - 27 February 2009

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Hello , this is my first post. As you can see , on the daily chart E-U makes a clearly visible channel heading down , but there are possible signs of reversal . If it breaks the upper part of the channel with at least 20 pips you should buy , while if it keeps heading down you should sell after a confirmation .One thing is certain though ... the weekend will show some important moves on Eur-Usd .:)

Hi

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Welcome to my Forex blog. Here I will post technical analysis on common currencies used in the Foreign Market. Please read the Risk Disclosure below and remember that this is for educational purpose only and real money should not be traded using the reccomendations posted here.

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