Update at 7.30 GMT
EUR/USD
Buy Limit at 1.4590
TP1 = 1.4635
TP2 = 1.4705
SL = 1.4540
TS = 50 Pips
GBP/USD
Buy Stop at 1.5872
TP1 = 1.5922
TP2 = 1.5972
SL = 1.5822
TS = 50 pips
Good Luck...!!!
Trade Signal September 28, 2009
Update at 7.18 GMT
Base on IBfx Chart
EUR/USD
Sell at 1.4630
TP1 = 1.4560
TP2 = 1.4510
SL = 1.4680
TS = 50 pips
GBP/USD
Sell Limit at1.5883
TP1 = 1.5830
TP2 = 1.5755
SL = 1.5933
TS = 50 pips
Good Luck...!!!
Base on IBfx Chart
EUR/USD
Sell at 1.4630
TP1 = 1.4560
TP2 = 1.4510
SL = 1.4680
TS = 50 pips
GBP/USD
Sell Limit at1.5883
TP1 = 1.5830
TP2 = 1.5755
SL = 1.5933
TS = 50 pips
Good Luck...!!!
Trade Signal September 25, 2009
Update at 7.10 GMT
Base on IBFx Chart
EUR/USD
Sell Limit at 1.4690
TP1 = 1.4580
TP2 = 1.4515
SL = 1.4740
TS = 50 pips
GBP/USD
Sell Limit at 1.6025
TP1 = 1.5785
TP2 = 1.5615
SL = 1.6075
TS = 50 pips
Good Luck ....!!!
Base on IBFx Chart
EUR/USD
Sell Limit at 1.4690
TP1 = 1.4580
TP2 = 1.4515
SL = 1.4740
TS = 50 pips
GBP/USD
Sell Limit at 1.6025
TP1 = 1.5785
TP2 = 1.5615
SL = 1.6075
TS = 50 pips
Good Luck ....!!!
Trade Signal September 24, 2009
Update at 7.10 GMT
Base on IBfx Chart.
EUR/USD
Sell Stop at 1.4750
TP1 = 1.4665
TP2 = 1.4600
SL = 1.4800
TS = 50 pips
GBP/USD
Sell Limit at 1.6375
TP1 = 1.6295
TP2 = 1.6235
SL = 1.6325
TS = 50 pips
Good Luck...!!
Base on IBfx Chart.
EUR/USD
Sell Stop at 1.4750
TP1 = 1.4665
TP2 = 1.4600
SL = 1.4800
TS = 50 pips
GBP/USD
Sell Limit at 1.6375
TP1 = 1.6295
TP2 = 1.6235
SL = 1.6325
TS = 50 pips
Good Luck...!!
Trade Signal September 23, 2009
Update at 9.00 GMT
Base on IBfx Chart
EUR/USD
Buy at 1.4800
TP1 = 1.4870
TP2 = 1.4935
SL = 1.4750
TS = 50 pips
GBP/USD
Buy Limit at 1.6395
TP1 = 1.6445
TP2 = 1.6520
SL = 1.6345
TS = 50 pips
Good Luck...!!!
Base on IBfx Chart
EUR/USD
Buy at 1.4800
TP1 = 1.4870
TP2 = 1.4935
SL = 1.4750
TS = 50 pips
GBP/USD
Buy Limit at 1.6395
TP1 = 1.6445
TP2 = 1.6520
SL = 1.6345
TS = 50 pips
Good Luck...!!!
Trade Signal September 22, 2009
Update at 7.10 GMT
Base on IBfx Chart
EUR/USD
Buy Limit at 1.4725
TP1 = 1.4770
TP2 = 1.4825
SL = 1,4675
TS = 50 pips
GBP/USD
Buy Limit at 1.6260
TP1 = 1.6330
TP2 = 1.6400
SL = 1.6210
TS = 50 pips
Good Luck...!!!
Base on IBfx Chart
EUR/USD
Buy Limit at 1.4725
TP1 = 1.4770
TP2 = 1.4825
SL = 1,4675
TS = 50 pips
GBP/USD
Buy Limit at 1.6260
TP1 = 1.6330
TP2 = 1.6400
SL = 1.6210
TS = 50 pips
Good Luck...!!!
Trade Signal September 22, 2009
Update at 7.10 GMT
Base on IBfx Chart
EUR/USD
Buy Limit at 1.4725
TP1 = 1.4770
TP2 = 1.4825
SL = 1,4675
TS = 50 pips
GBP/USD
Buy Limit at 1.6260
TP1 = 1.6330
TP2 = 1.6400
SL = 1.6210
TS = 50 pips
Good Luck...!!!
Base on IBfx Chart
EUR/USD
Buy Limit at 1.4725
TP1 = 1.4770
TP2 = 1.4825
SL = 1,4675
TS = 50 pips
GBP/USD
Buy Limit at 1.6260
TP1 = 1.6330
TP2 = 1.6400
SL = 1.6210
TS = 50 pips
Good Luck...!!!
Trade Signal September 21, 2009
Update at 7.10 GMT
Base on IBfx Chart
EUR/USD
Buy Limit at 1.4655
TP1 = 1.4695
TP2 = 1.4770
SL = 1.5610
TS = 50 pips
GBP/USD
Buy Limit at 1.6165
TP1 = 1.6215
TP2 = 1.6295
SL = 1.6115
TS = 50 pips
Good Luck...!!!
Base on IBfx Chart
EUR/USD
Buy Limit at 1.4655
TP1 = 1.4695
TP2 = 1.4770
SL = 1.5610
TS = 50 pips
GBP/USD
Buy Limit at 1.6165
TP1 = 1.6215
TP2 = 1.6295
SL = 1.6115
TS = 50 pips
Good Luck...!!!
Trade Signal September 18, 2009
Update at 9.08 GMT
Base on IBfx Chart.
EUR/USD
Buy Limit at 1.4675
TP1 = 1.4725
TP2 = 1.4775
SL = 1.4725
TS = 50 pips
GBP/USD
Buy Limit at 1.6330
TP1 = 1.6380
TP2 = 1.6470
SL = 1.6280
TS = 50 pips
Good Luck...!!!
Base on IBfx Chart.
EUR/USD
Buy Limit at 1.4675
TP1 = 1.4725
TP2 = 1.4775
SL = 1.4725
TS = 50 pips
GBP/USD
Buy Limit at 1.6330
TP1 = 1.6380
TP2 = 1.6470
SL = 1.6280
TS = 50 pips
Good Luck...!!!
Trade Signal September 17, 2009
Update at 9.30 GMT
Base on IBfx Chart
EUR/USD
Sell limit at 1.4745
TP1 = 1.4695
TP2 = 1.4660
SL = 1.4795
TS = 50 pips
GBP/USD
Sell Limit at 1.6540
TP1 = 1.6480
TP2 = 1.6430
SL = 1.6590
TS = 50 pips
Good Luck...!!!
Base on IBfx Chart
EUR/USD
Sell limit at 1.4745
TP1 = 1.4695
TP2 = 1.4660
SL = 1.4795
TS = 50 pips
GBP/USD
Sell Limit at 1.6540
TP1 = 1.6480
TP2 = 1.6430
SL = 1.6590
TS = 50 pips
Good Luck...!!!
FOREX-Dollar drops to near 1-year lows on stocks, recovery
* Dollar slide continues on higher stocks, risk appetite
* Dollar hits lowest since September vs euro, basket
* Yen rises to 7-month high against dollar
* Fujii: Strong yen has merits for Japanese economy (Adds comment, detail, updates prices)
By Wanfeng Zhou
NEW YORK, Sept 16 (Reuters) - The dollar dropped to near one-year lows against the euro and a basket of currencies on Wednesday as optimism about the global economy eroded the greenback's safe-haven appeal.
U.S. stocks hit fresh 2009 highs as increased industrial production reinforced hopes the economy was gaining speed. Improving risk appetite pushed higher-yielding currencies like the Australian and New Zealand dollars up more than 1 percent.
Traders have sold the dollar heavily this month as recovery hopes diminished safe-haven demand. The prospect of low U.S. yields and concerns about the U.S. fiscal deficit fueled dollar selling.
"There's still this persistent link between Wall Street and risk," said Ronald Simpson, managing director of global currency analysis at Action Economics in Tampa, Florida. "With stocks going up, it continues to be very difficult for the dollar to rally."
U.S. industrial output advanced for a second consecutive month in August, while higher gasoline costs pushed up consumer prices, although economists said the risk of inflation remained low.
"The data still suggests strength in the U.S. economy in the second half," said David Gilmore, a partner at Foreign Exchange Analytics in Essex, Connecticut. "If we see strong numbers between now and next March, it's going to be pretty hard to get in the way of equities going higher and risk assets going higher."
In late New York trading, the euro EUR= rose 0.5 percent to $1.4731. It had earlier climbed to $1.4736, the highest since late September.
The ICE Futures U.S. dollar index .DXY, which tracks the dollar against a basket of six other major currencies, fell as low as 76.151, its weakest in nearly a year. It last traded down 0.5 percent at 76.178. The index has declined about 2.5 percent so far in September.
CAPITAL OUTFLOWS
Adding to pressure on the dollar was Treasury data showing foreign investors sold U.S. assets for a fourth straight month in July, with private outflows hitting their highest since February.
"The headline number certainly paints a bit of a dark picture with regard to overall demand for U.S. assets," said Omer Esiner, a senior market analyst at Travelex Global Business Payments in Washington. "The momentum is clearly poised for further dollar decline. Optimism about a near-term recovery ... will continue to drive sentiment."
Despite the sharp move lower, analysts said the dollar's recent weakness is unlikely to be a concern for the Obama administration as it tries the bring the economy out of the worst recession in decades. A weaker dollar will benefit U.S. manufacturing and exports although the government's massive stimulative measures could push up inflation down the road.
Against the yen, the dollar fell 0.2 percent to 90.79 yen. It earlier fell to 90.10 yen, according to Reuters data, the lowest since February, after Japan's incoming finance minister said a strong yen had advantages for the nation's economy.
Hirohisa Fujii also said he was opposed to currency intervention if movements were gradual, while adding that current moves were not rapid.
Some traders said Fujii's comments suggested that the new government, like the old one, remained concerned with the speed of yen rise. The risk of intervention may limit yen gains around 87 yen, a level hit earlier this year for the first time since 1995.
In other trading, the Australian dollar gained 1.3 percent to US$0.8746 and the New Zealand dollar was up 1.4 percent at US$0.7142. (Additional reporting by Nick Olivari; Editing by Leslie Adler)
* Dollar hits lowest since September vs euro, basket
* Yen rises to 7-month high against dollar
* Fujii: Strong yen has merits for Japanese economy (Adds comment, detail, updates prices)
By Wanfeng Zhou
NEW YORK, Sept 16 (Reuters) - The dollar dropped to near one-year lows against the euro and a basket of currencies on Wednesday as optimism about the global economy eroded the greenback's safe-haven appeal.
U.S. stocks hit fresh 2009 highs as increased industrial production reinforced hopes the economy was gaining speed. Improving risk appetite pushed higher-yielding currencies like the Australian and New Zealand dollars up more than 1 percent.
Traders have sold the dollar heavily this month as recovery hopes diminished safe-haven demand. The prospect of low U.S. yields and concerns about the U.S. fiscal deficit fueled dollar selling.
"There's still this persistent link between Wall Street and risk," said Ronald Simpson, managing director of global currency analysis at Action Economics in Tampa, Florida. "With stocks going up, it continues to be very difficult for the dollar to rally."
U.S. industrial output advanced for a second consecutive month in August, while higher gasoline costs pushed up consumer prices, although economists said the risk of inflation remained low.
"The data still suggests strength in the U.S. economy in the second half," said David Gilmore, a partner at Foreign Exchange Analytics in Essex, Connecticut. "If we see strong numbers between now and next March, it's going to be pretty hard to get in the way of equities going higher and risk assets going higher."
In late New York trading, the euro EUR= rose 0.5 percent to $1.4731. It had earlier climbed to $1.4736, the highest since late September.
The ICE Futures U.S. dollar index .DXY, which tracks the dollar against a basket of six other major currencies, fell as low as 76.151, its weakest in nearly a year. It last traded down 0.5 percent at 76.178. The index has declined about 2.5 percent so far in September.
CAPITAL OUTFLOWS
Adding to pressure on the dollar was Treasury data showing foreign investors sold U.S. assets for a fourth straight month in July, with private outflows hitting their highest since February.
"The headline number certainly paints a bit of a dark picture with regard to overall demand for U.S. assets," said Omer Esiner, a senior market analyst at Travelex Global Business Payments in Washington. "The momentum is clearly poised for further dollar decline. Optimism about a near-term recovery ... will continue to drive sentiment."
Despite the sharp move lower, analysts said the dollar's recent weakness is unlikely to be a concern for the Obama administration as it tries the bring the economy out of the worst recession in decades. A weaker dollar will benefit U.S. manufacturing and exports although the government's massive stimulative measures could push up inflation down the road.
Against the yen, the dollar fell 0.2 percent to 90.79 yen. It earlier fell to 90.10 yen, according to Reuters data, the lowest since February, after Japan's incoming finance minister said a strong yen had advantages for the nation's economy.
Hirohisa Fujii also said he was opposed to currency intervention if movements were gradual, while adding that current moves were not rapid.
Some traders said Fujii's comments suggested that the new government, like the old one, remained concerned with the speed of yen rise. The risk of intervention may limit yen gains around 87 yen, a level hit earlier this year for the first time since 1995.
In other trading, the Australian dollar gained 1.3 percent to US$0.8746 and the New Zealand dollar was up 1.4 percent at US$0.7142. (Additional reporting by Nick Olivari; Editing by Leslie Adler)
Trade Signal September 16, 2009
Update at 6.31 GMT
Base on IBfx Chart.
EUR/USD
Buy Limit at 1.4680
TP1 = 1.4715
TP2 = 1.4760
SL = 1.4630
TS = 50 pips
GBP/USD
Buy Limit at 1.6470
TP1 = 1.6515
TP2 = 1.6630
SL = 1.6420
TS = 50 pips
Good Luck...!!!
Base on IBfx Chart.
EUR/USD
Buy Limit at 1.4680
TP1 = 1.4715
TP2 = 1.4760
SL = 1.4630
TS = 50 pips
GBP/USD
Buy Limit at 1.6470
TP1 = 1.6515
TP2 = 1.6630
SL = 1.6420
TS = 50 pips
Good Luck...!!!
Trade Signal September 15, 2009
Last Update 8.10 GMT
Base on IBFx Chart.
EUR/USD
Buy Limit at 1.4600
TP1 = 1.4680
TP2 = 1.4730
SL = 1.4550
TS = 50 pips
GBP/USD
Buy Limit at 1.6600
TP1 = 1.6680
TP2 = 1.6750
SL = 1.6550
TS = 50 pips
Good Luck....!!!
Base on IBFx Chart.
EUR/USD
Buy Limit at 1.4600
TP1 = 1.4680
TP2 = 1.4730
SL = 1.4550
TS = 50 pips
GBP/USD
Buy Limit at 1.6600
TP1 = 1.6680
TP2 = 1.6750
SL = 1.6550
TS = 50 pips
Good Luck....!!!
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