Daily Technical Analysis for Friday, November 09, 2012 - by ForexPeoples.Com | use H4-TF chart
EURUSD
This pair can become more bearish if truly the seller on today move can break down more to that Low fib (1.2716) = so, if that happen = of course search for sell again here is better. But, on other look, just be aware with pullback up bulls as long as the price still move above that 1.2716, I see.
GBPUSD
On my see - this GU on look pullback up bulls probability. On simple say - This bulls can be probably here if then buyer on this pair can move up (pullback again) from that strong demand 1.5952, and can move above that 23.6 fibo 1.5986. So, search for buy is better if truly that 1.5986 was break by strong buyer then (here).
USDJPY
The USDJPY on pullback up bulls probability. Look, as long as the price (seller) on this 4H TF still can not break that Low fib at 79.27 = Yes, this is a still nice to be pullback up bulls. And search for buy with SL bellow 79.27 = wise action (I see).
USDCHF
On 4H TF Trend on sideways / consolidation bellow that strong resistance 0.9482. On my simple look - this pair (for today move) can nice called on bulls = if that 0.9482 can be break by strong buyer (first). But, on other hand = of course, as long as the price still move bellow that 0.9482 = just be aware with pullback bearish if supported by nice bearish candle then here. Let's see.
Regards.
EURUSD
This pair can become more bearish if truly the seller on today move can break down more to that Low fib (1.2716) = so, if that happen = of course search for sell again here is better. But, on other look, just be aware with pullback up bulls as long as the price still move above that 1.2716, I see.
GBPUSD
On my see - this GU on look pullback up bulls probability. On simple say - This bulls can be probably here if then buyer on this pair can move up (pullback again) from that strong demand 1.5952, and can move above that 23.6 fibo 1.5986. So, search for buy is better if truly that 1.5986 was break by strong buyer then (here).
USDJPY
The USDJPY on pullback up bulls probability. Look, as long as the price (seller) on this 4H TF still can not break that Low fib at 79.27 = Yes, this is a still nice to be pullback up bulls. And search for buy with SL bellow 79.27 = wise action (I see).
USDCHF
On 4H TF Trend on sideways / consolidation bellow that strong resistance 0.9482. On my simple look - this pair (for today move) can nice called on bulls = if that 0.9482 can be break by strong buyer (first). But, on other hand = of course, as long as the price still move bellow that 0.9482 = just be aware with pullback bearish if supported by nice bearish candle then here. Let's see.
Regards.