DAILY FOREX ANALYSIS AND RECOMMENDATION

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Daily Forex Recommendation

Economic Calendar


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Forex Pivot Point Calculator

To calculate R3/R2/R1/P/S1/S2/S3, enter previous period's high, low close and click 'Go'.

High: Low: Close:

  Results Formulas
  Res3 Res3= H + 2*(P-L)  
  Res2 Res2= P + (Res1-Sup1) extreme
trading
range
normal
trading
range 		Res1 Res1= 2 * P - L
Pivot Point P= ( H + C + L ) / 3
Sup1 Sup1= 2 * P - H
  Sup2 Sup2= P - (Res1-Sup1)
  Sup3 Sup3= L - 2*(H-P)  
Disclaimer : The above/below may contain information for investors/traders and is not a recommendation to buy or sell currencies nor an offer to buy or sell currencies. The information provided is obtained from sources deemed reliable but is not guaranteed as to accuracy or completeness. I am not liable for any losses or damages, monetary or otherwise that result. I recommend that anyone trading currencies should do so with caution and consult with a broker before doing so. Prior performance may not be indicative of future performance. Currencies presented should be considered speculative with a high degree of volatility and risk.

Economic news - CNNMoney.com

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Friday, September 5, 2008

DAILY FOREX RECOMMENDATION

Friday, 05 September 2008 - 6:00 AM GMT
EUR/USD
Trading range: 1.4330 - 1.4240
Trend: Downward
Sell at 1.4317 SL 1.4349 TP 1.4250

USD/JPY
Trading range: 106.40 - 107.25
Trend: Upward
Buy at 106.53 SL 106.21 TP 107.15

GBP/USD
Trading range: 1.7625 - 1.7520
Trend: Downward
Sell at 1.7611 SL 1.7643 TP 1.7533

USD/CHF
Trading range: 1.1070 - 1.1170
Trend: Upward
Buy at 1.1084 SL 1.1052 TP 1.1158

by iForex
Posted by Pierre Wee at 3:04 PM 37 comments Links to this post

Wednesday, September 3, 2008

DAILY FOREX RECOMMENDATION

Wednesday, 03 September 2008 - 6:00 AM GMT
EUR/USD
Trading range: 1.4480 - 1.4390
Trend: Downward
Sell at 1.4467 SL 1.4499 TP 1.4400

USD/JPY
Trading range: 108.65 - 109.50
Trend: Upward
Buy at 108.75 SL 108.43 TP 109.37

GBP/USD
Trading range: 1.7775 - 1.7675
Trend: Downward
Sell at 1.7765 SL 1.7797 TP 1.7687

USD/CHF
Trading range: 1.1070 - 1.1170
Trend: Upward
Buy at 1.1084 SL 1.1052 TP 1.1158

By iForex
Posted by Pierre Wee at 2:50 PM 0 comments Links to this post

Monday, September 1, 2008

DAILY FOREX RECOMMENDATION

1st September Breakout Signals - Ramadan Mubarak!
Posted on September 1st, 2008 by Jafar

USD/JPY - 20 pip trail
Buy @ 108.65 SL108.40 TP108.97
Sell @ 108.15 SL108.40 TP107.83

GBP/JPY - 40 pip trail
Buy @ 196.83 SL196.33 TP197.62
Sell @ 195.12 SL195.62 TP194.62

GBP/CHF - 40 pip trail
Buy @ 1.9951 SL1.9901 TP2.0017
Sell @1.9851 SL1.9901 TP1.9786

by Rebate Fx
Posted by Pierre Wee at 2:50 PM 0 comments Links to this post

Friday, August 29, 2008

DAILY FOREX RECOMMENDATION

Friday, 29 August 2008 - 6:00 AM GMT
EUR/USD
Trading range: 1.4770 - 1.4680
Trend: Downward
Sell at 1.4758 SL 1.4790 TP 1.4691

USD/JPY
Trading range: 109.30 - 108.50
Trend: Downward
Sell at 109.20 SL 109.52 TP 108.58

GBP/USD
Trading range: 1.8355 - 1.8250
Trend: Downward
Sell at 1.8341 SL 1.8373 TP 1.8263

USD/CHF
Trading range: 1.0925 - 1.1025
Trend: Upward
Buy at 1.0938 SL 1.0906 TP 1.1012

by iForex

29th August Breakout Signals
Posted on August 29th, 2008 by Jafar

USD/JPY - 20 pip trail
Buy @ 109.39 SL109.09 TP109.77
Sell @ 108.92 SL109.22 TP108.67

EUR/JPY - 25 pip trail
Buy @ 161.31 SL160.91 TP161.79
Sell @ 160.59 SL161.03 TP159.99

GBP/JPY - 40 pip trail
Buy @200.59 SL200.19 TP201.20
Sell @ 199.58 SL200.09 TP198.95

GBP/CHF - 40 pip trail
Buy @ 2.0110 SL2.0050 TP2.0170
Sell @2.0030 SL2.0080 TP1.9959

by Rebate Forex
Posted by Pierre Wee at 4:54 PM 0 comments Links to this post

Thursday, August 28, 2008

DAILY FOREX RECOMMENDATION

Thursday, 28 August 2008 - 6:00 AM GMT
EUR/USD
Trading range: 1.4820 - 1.4730
Trend: Downward
Sell at 1.4807 SL 1.4839 TP 1.4740

USD/JPY
Trading range: 109.30 - 108.50
Trend: Downward
Sell at 109.18 SL 109.50 TP 108.56

GBP/USD
Trading range: 1.8410 - 1.8310
Trend: Downward
Sell at 1.8399 SL 1.8431 TP 1.8321

USD/CHF
Trading range: 1.0895 - 1.0995
Trend: Upward
Buy at 1.0907 SL 1.0875 TP 1.0981

by iForex
Posted by Pierre Wee at 1:28 PM 1 comments Links to this post
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