Daily Technical Analysis for Monday, September 24, 2012 - by ForexPeoples.Com | use H4-TF chart
EURUSD
On the opening price this start week, I see - the EURUSD on look to be more probably more to bearish, this can be see from the candle on 4H TF that now was break down more to the 61.8 fibo line (at 1.2953). So, on simple say = search for Sell again here = better. Note : I see - the price will be more bearish after truly the price from top can break down too to that strong 76.4 fib (1.2901), of course.
GBPUSD
The nice bearish also look here. And of course = with my simple say = search for Sell now = better. Look, the price on this pair for today move will be more to probably bearish after truly then seller can break down more to that strong pivot line at 1.6185.
USDJPY
The USDJPY on nice bearish. Look, the Fibo condition on 4H TF till now on still move on bellow that pivot line (78.17). And yes, search for Sell with SL set on above that pivot (SL above 78.17) = better. On my see = price on today move try to re-test again to near 61.8 fibo at 77.92 = and search for Sell = better.
USDCHF
Nice bulls. Look, all of the MA on several Big TF on nice bulls condition. And if we see to the Fibo line = of course - for today price probably movement, this bulls can become more nice bulls after the buyer can break up more to the strong and nice 61.8 fib (at 0.9350). Search for Buy (if that happen) = better.
Regards.
EURUSD
On the opening price this start week, I see - the EURUSD on look to be more probably more to bearish, this can be see from the candle on 4H TF that now was break down more to the 61.8 fibo line (at 1.2953). So, on simple say = search for Sell again here = better. Note : I see - the price will be more bearish after truly the price from top can break down too to that strong 76.4 fib (1.2901), of course.
GBPUSD
The nice bearish also look here. And of course = with my simple say = search for Sell now = better. Look, the price on this pair for today move will be more to probably bearish after truly then seller can break down more to that strong pivot line at 1.6185.
USDJPY
The USDJPY on nice bearish. Look, the Fibo condition on 4H TF till now on still move on bellow that pivot line (78.17). And yes, search for Sell with SL set on above that pivot (SL above 78.17) = better. On my see = price on today move try to re-test again to near 61.8 fibo at 77.92 = and search for Sell = better.
USDCHF
Nice bulls. Look, all of the MA on several Big TF on nice bulls condition. And if we see to the Fibo line = of course - for today price probably movement, this bulls can become more nice bulls after the buyer can break up more to the strong and nice 61.8 fib (at 0.9350). Search for Buy (if that happen) = better.
Regards.