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Friday, February 5, 2010


11:18 PST

Just an update and a couple other charts.




07:30 PST

The DDF is indicating a Bearish Bias for today. The DDF's areas of support and resistance are 1055 and 1067

Today's Persons Pivots range from 1051 to 1074.

Price is continuing to follow the forks with no sign of a major trend change, but Price is likely to find it's way back to the top tine

The hourly charts:

The Ichimoku is Bearish. Price has fallen below the Tenkan-sen and Kijun-sen which are in a Bearish cross. Price also below the Kumo.

MoneySpy is also Bearish. Indication of a short term bottom comes from the Green bar

The Daily Charts:

Daily MoneySpy is Bearish

Price broke through the bottom of the Daily Kumo. We have resistance at 1075.
The Tenkan-sen has crossed below the Kijun-sen. A full Bear signal will occur when they too have fallen below the cloud

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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