Profi-forex's Forex Commentary

Forex Commentary 24.11.2004

24.11.2004 ( 02:32am Us Time)

Eur/usd (current Level 1,3102)
- We Have Next Record Above 1,3100 And Still Is Hard Find Usd Buyers. Next Resistance Is 1,3150. Support 1,3050/70.

usd/jpy (current Level 103,43) -support 102,70. Now Course Cosolide At 103,20/40 Region. We Can`t Rulled Out Attack At 104,00 Region.
 
Forex Commentary 25.11.2004

25.11.2004 ( 05:05am Us Time)

Eur/usd (current Level 1,3186) - Today Eur Touched 1,3200 Region. It
Seems Like Region 1,3190/1,3210 Could Be Strong Resistance. After Test
This Region We Could Back To 1,3150/30 And Even 1,3080. On This
Regions We Could Find New Eur Buyers .

Usd/jpy (current Level 102,64) - We Tested Today 102,40, Break This
Region Will Open The Way To Falls Towards 102,20 - 101,90. Above
103,00 Region Will Negate This Scenario.
 
Forex Commentary 29.11.2004

29.11.2004 ( 06:24am Us Time)

Eur/usd (current Level 1,3186) - On Friday Eur Had New Maximum At 1,3328. But In A Few Next Hours We Saw Profits Taken And Eur Weaked To 1,3180 Region To End Day At 1,3290 Region. Supports: 1,3215/30 And 1,3150/80. Resistance: 1,3328. We Expect Correction Towards 1,3150 Where We Should Find New Buyers Eur.

Usd/jpy (current Level 102,64) - Usd Had On Friday Minimum At 102,13 From Where We Saw Profits Taken Which Reached 103,40 Region. Supports: 102,40/60 , 102,15 And 101,85. Resistance: 103,13 And 103,40.
 
Forex Commentary 30.11.2004

30.11.2004 ( 04:38am Us Time)

Eur/usd (current Level 1,3252) - Eur Couldn`t Break Resistance At
1,3300/30, Break This Region Will Open The Way To Rises Towards 1,3380
And Even 1,3450. Strong Support Is 1,3218/30, Break This Region Will
Open The Way To Falls Towards 1,3160 And Even 1,3070. Now On Market
Usd Protect Europe And Asia, But Americans, In Spite Of Snow`s
Pronounce About Strong Usd, Anxious At Weak Usd (beacuse Of For
Example Deficit),

Usd/jpy (current Level 103,13) - Strong Jpy Has Bad Influence At Those
Economy, Thats Why In Long Term We Expect Fortify Usd, Which With Help
Will Come Asian`s Banks. Today We Expect Test 103,30 Region And Even
103,70. Supports: 102,80 And 102,40
 
Forex Commentary 01.12.2004

01.12.2004 ( 05:14am Us Time)

Eur/usd (current Level 1,3294)
- Next Time Eur Couldn`t Break 1,3330 Region. Thats Why Now We Could See Correction To 1,3270/50. Break This Region Will Open The Way Towards 1,3170 Region.

usd/jpy (current Level 102,85) - Course Stay In Range: 102,50 - 103,25. Break This Region Will Show Us Next Direction.
 
Forex Commentary 06.12.2004

06.12.2004 ( 06:13am Us Time)

Eur/usd (current Level 1,3448)
- After Weeker Then Expected Us Data (nfp) Eur Hit New High At 1,3460. Today We Expect That Course Will Saty In Range: 1,3370 - 1,3460. But Posible Is Larger Correct Towards 1,3320/30.

usd/jpy (current Level 102,37) - During Japanese Sesion We Next Time Tested 101,80/102,00 Region. From There We Are Watching Correction, We Think That It Could Reach 102,70 / 103,00 Region.
 
Forex Commentary 08.12.2004

08.12.2004 ( 06:49am Us Time)

Eur/usd (current Level 1,3300) - After Break Support At 1,3380/90, Eur Goes Towards The Next Support At 1,3215/50. Usd Fortify, Probably Because Of Fed Rate Decision In Next Week. Break Above-mentioned Support Will Open The Way To Falls Towards 1,3000/70.

Usd/jpy (current Level 104,15) - Break 103,30/60 Gave Usd Posibility To Test Resistance At 104,20. It Seems Like Next Terget For Bulls Is 105,00 Region. The Nearest Support 102,95 / 103,30 And 102,75..
 
Forex Commentary 09.12.2004

09.12.2004 ( 08:37am Us Time)

Eur/usd (current Level 1,3318) - As We Expect Yesterday We Tested Support At 1,3200. From This Region We Saw Back Up Move Towards1,3360. Resistance 1,3360/90, If We Break We Could See Probably New Highs. Support 1,3190/1,3260 If We Break We Could See 1,3060/80, Watch Market Carefully.

Usd/jpy (current Level 104,12) - As We Expect Yesterday Bulls Tested 105,00 Region. Take Profits From This Region Reach 103,85. Support 103,40/60 And 102,70. Resistance 104,50 And 105,00.
 
Forex Commentary 17.12.2004

17.12.2004 ( 05:08 Am Us Time)

Eur/usd (aktualny Poziom 1,3300)
- Yesterday`s Better Than Expeced Us Data Let Usd Fortify By About 200 Pips. Now We Gave Back Half Yesterday`s Move And If We Stay Today Below 1,3250 We Should Be Witnesses Next Fortify Usd Towards 1,3100 And Even 1,3000.
 
Forex Commentary 20.12.2004

20.12.2004 ( 04:52 Am Us Time)

Eur/usd (current Level 1,3369)
- Twice We Hold Region 1,3180/1,3215 In The End Of The Week Helped Bulls In Breaking Resistance At 1,3315/45. Now Support Is 1,3290/1,3330. We Can`t Rulled Out Test 1,3400 / 40 Region.
 
Forex Commentary 30.12.2004

30.12.2004 ( 10:05 AM US TIME)

EUR/USD (CURRENT LEVEL 1,3625) - EUR CAN`T BREAK 1,3650 REGION. sUPPORT IS 1,3550, BREAK THIS SUPPORT WILL OPEB THE WAY TO FALLS TOWARDS 1,3475 REGION. LOOK TO SELL DURING FIRST SESSION IN NEW YEAR , BIG POSIBILITY TO CORRECT EVEN TO 1,3000 REGION.
 
Top