FREE FOREX TRADNG SHORT TERM ,MEDIUM TERM & LONG TERM BUY SELL SIGNALS

Hello Traders,


Forex Signals & Analysis for 29th February 2012:


Short Term Signals:


Usd/Chf Buy at 0.8920/25 then 0.8905/10 then 0.8870/75, sell at 0.9000/05 then 0.9020/25 then 0.9045/50

Usd/Jpy Buy at 79.90/95 then 79.60/65 then 79.25/30, sell at 80.95/00 then 81.15/20 then 81.55/60

Euro/Usd Buy at 1.3385/90 then 1.3355/60 then 1.3325/30, sell at 1.3495/00 then 1.3520/25 then 1.3570/75

Gbp/Usd Buy at 1.5805/10 then 1.5760/65 then 1.5720/25, sell at 1.5950/55 then 1.5975/80 then 1.6040/45



Medium Term Daily Analysis:


Usd/Chf This pair is on downtrend, retracement at 0.8980/85, as swing sell with Tp1 low at 0.8920/30 Tp2 0.8905/10 Tp3 0.8870/75 while as breakout buy at 0.8980/85 with Tp1 0.9000/05 Tp2 0.9020/25 Tp3 0.9045/50 Tp4 0.9110/20

Usd/Jpy This pair is on uptrend, retracement at 80.40/45, as swing buy with Tp1 80.95/00 Tp2 81.15/20 Tp3 81.55/60 Tp4 High at 81.75/80 while as breakout sell at 80.40/45 with Tp1 79.90/95 Tp2 79.60/65 Tp3 79.25/30

Euro/usd This pair is on uptrend, retracement at 1.3410/20, as swing buy with Tp1 High at 1.3485/95 Tp2 1.3520/25 Tp3 1.3570/76, while as breakout sell at 1.3410/20 with Tp1 1.3385/90 Tp2 1.3355/60 Tp3 1.3320/30 Tp4 1.3245/55

Gbp/Usd This pair is on uptrend, retracement at 1.5850/60, as swing buy with Tp1 High at 1.5930/35 Tp2 1.5950/55 Tp3 1.5975/80 Tp4 1.6040/45 while as breakout sell at 1.5850/60 with Tp1 1.5805/10 Tp2 1.5760/65 Tp3 1.5720/25 Tp4 low at 1.5660/70

Usd/Cad This pair is on downtrend, retracement at 0.9965/70, as swing sell with Tp1 low at 0.9920/25 Tp2 0.9910/15 Tp3 0.9880/85 while as breakout buy at 0.9965/70 with Tp1 0.9990/95 Tp2 High at 1.0010/15 Tp3 1.0030/35

Nzd/Usd This pair is on uptrend, retracement at 0.8370/75, as swing buy with Tp1 High at 0.8405/10 Tp2 0.8425/30 Tp3 0.8445/50 Tp4 0.8480/85, while as breakout sell at 0.8370/75 with Tp1 0.8330/35 Tp2 0.8310/15 Tp3 low at 0.8275/80

Euro/Chf This pair is on uptrend, retracement at 1.2050/55, as swing sell with Tp1 1.2040/45 Tp2 low at 1.2030/35 while as breakout buy at 1.2050/55 with Tp1 1.2060 Tp2 1.2065/70 Tp3 1.2080/85 Tp4 High at 1.2100/10

Gbp/Chf This pair is on downtrend, retracement at 1.4240/45, as swing sell with Tp1 1.4195/00 Tp2 1.4175/80 Tp3 low at 1.4155/60 while as breakout buy at 1.4240/45 with Tp1 1.4255/60 Tp2 1.4265/70 Tp3 1.4295/00 Tp4 1.4325/30 Tp5 1.4395/00

Euro/Gbp This pair is on uptrend, retracement at 0.8460/65, as swing buy with Tp1 0.8485/90 Tp2 0.8500 Tp3 High at 0.8505/15 while as breakout sell at 0.8460/65 with Tp1 0.8450 Tp2 0.8440/45 Tp3 0.8420/30 Tp4 0.8380/85

Aud/Usd This pair is on uptrend, retracement at 1.0740/50, as swing buy with Tp1 1.0800/05 Tp2 High at 1.0815/25 Tp3 1.0845/50 while as breakout sell at 1.0740/50 with Tp1 1.0720/25 Tp2 1.0700/05 Tp3 1.0675/80 Tp4 low at 1.0630/40

Euro/Jpy This pair is on uptrend, retracement at 107.90/00, as swing buy with Tp1 109.15/20 Tp2 High at 109.55/65 Tp3 110.35/40 while as breakout sell at 107.90/00 with Tp1 107.15/20 Tp2 106.60/65 Tp3 105.95/00

Gbp/Jpy This pair is on uptrend, retracement at 127.50/60, as swing buy with Tp1 128.75/80 Tp2 129.15/20 Tp3 129.40/50 Tp4 129.95/05 while as breakout sell at 127.50/60 with Tp1 126.60/65 Tp2 126.00/05 Tp3 125.40/45

Gold is on uptrend, retracement at 1778/79, as swing buy with Tp1 High at 1793/94 Tp2 1797/98 Tp3 1804/05 Tp4 1818/19 while as breakout sell at 1778/79 with Tp1 1764/65 Tp2 1755/56 Tp3 1745/46 Tp4 1731/32

Oil is on uptrend, but might change this direction today if bases below retracement at 106.30/35 targetting Tp1 105.25/30 Tp2 104.65/70 Tp3 103.05/10 Tp4 102.75/80 while as swing buy at 106.30/35 with Tp1 106.80/85 Tp2 107.25/30 Tp3 108.60/65 Tp4 109.65/70




We have Crucial News Releases today for the Euro, Swiss Franc, Sterling, & Dollar Currencies:


- Euro LTRO2: This news have Big Impact on market sentiment as overall and basically on Euro Currency. Market might read the news as it likes as numbers(Money) loaned to European countries banks(Italy, France, Germany, Greece...) would be announced today from the ECB.
An example of mixed reading by market is if the Money loaned is a very big number that might lead market conclude that EuroZone countries are in Big Debt and more more in need for help which might lead to a negative impact on Euro, while on the other hand market might read it as Euro Banks have enough Money to deal with any new crisis that might occur because they have enough Cash which is the main goal for the ECB Loans with very low % rates to the Euro Countries Banks for long term(3 years).
And, same scenario can be read if numbers come out as less money lended by ECB, market might read it as EU banks do not face that Big Cash problem while on the other hand it might read it as no enough support by ECB & EU banks might not be ready for sudden more crisis in EU countries that might happen at anytime.
Surely, it's a Big Headache for Traders trying to discover what market reaction will be to this news, so best stand aside and wait for market movement to decide what direction will be picked..

- Chf KOF Economic Barometer: Buy Euro/Chf Gbp/Chf Usd/Chf if -0.15 or worse while sell if -0.5 or better

- US Prelim GDP: Buy Usd/Chf & Usd/Jpy if 3.0% or better while Buy Euro/Usd & Gbp/Usd if 2.6% or worse

          - UK Inlation Report: This news is important for the Sterling as BOE Governor and members              give  their view about inflation.

- US Fed Chairman Bernanke talks which as usual have Big Effect on the markets. Certainly, We would like to hear something optimistic by Ben Genius for once after several Good US Economic numbers in past months. Maybe he comes out this time from his defensive shell forever..




Have A Great Trading Day !!!
Goodluck !!!
MALHAR TAKLE

FOREX TRADER and PROGRAMMER INDICATOR and EA
contact me at malharonaldo@gmail.com for EA and Indicators...