Blog Archive

Tuesday, January 5, 2010

Tuesday

23:30 PST
Today my forecasted range for ESH0 was a range of 1125 - 1133
That's exactly what the range was. I expected a bearish bias and while we were down part of the day the market recovered at the end

The EUR/USD was forecasted to range between 1.4387 to 1.443 in reality it broke below the forecasted range by 30 pips Todays range was 1.4357 - 1.4432

Should the price drop below 1.4285 over night, I would expect further weakness to 1.4200.






08:40


08:00 PST
Today's trend for the EUR/USD has a Neutral to slightly Bullish Bias. Expectations are a range of 1.4387 to 1.4433
Should that range be broken the range would expand to 1.4313 to 1.4512

Today's trend for the ESH0 has a Bearish Bias. Expectations are a range of 1125 - 1133
Should that range be broken the range would expand to 1120 to 1136.

Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.

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