Forex Expert Signals & Analysis

Hello Traders,

        We have Important news releases today for the Sterling & Dollar Currencies:

        - UK PPI Input: Buy Gbp/Usd if 1.5% or more while sell if 0.9% or lower

        - US Core CPI: Buy Usd/Chf & Usd/Jpy if 0.4% or more while Buy Euro/Usd & Gbp/Usd if         -0.1%      or worse

         - US Preliminary Consumer Sentiment: Buy Usd/Chf & Usd/Jpy if 78 or better while Buy Euro/Usd &         Gbp/Usd if 74 or worse


           ***I will also keep close focus and attention at China GDP Numbers(Buy Majors against Dollar  if    8.5% or better while Buy Dollar if 8.3% or weaker) coming out few hours from now, besides Fed   Chairman Ben Bernanke talks at late hours today(NewYork Session) that will surely as usual effect the Dollar Currency specifically and the whole market movement in General.

Forex Expert Signals & Analysis for 13th April 2012:

Short Term Signals:

Usd/Chf Buy at 0.9060/65 then 0.9035/40 then 0.8985/90, sell at 0.9180/85 then 0.9210/15 then 0.9245/50

Usd/Jpy Buy at 80.60/65 then 80.50/55 then 80.25/30, sell at 81.15/20 then 81.30/35 then 81.45/50

Euro/Usd Buy at 1.3095/00 then 1.3055/60 then 1.3010/15, sell at 1.3245/50 then 1.3275/80 then 1.3340/45

Gbp/Usd Buy at 1.5895/00 then 1.5865/70 then 1.5825/30, sell at 1.6005/10 then 1.6030/35 then 1.6075/80



Medium Term Daily Analysis:

Usd/Chf This pair trying to base on downtrend today below retracement at 0.9130/40, as swing sell with Tp1 0.9060/65 Tp2 0.9035/40 Tp3 low at 0.8985/90 while as breakout buy at 0.9130/40 with Tp1 0.9180/85 Tp2 High at 0.9210/15 Tp3 0.9245/50

Usd/Jpy This pair is on downtrend, retracement at 81.00/05, as swing sell with Tp1 80.60/65 Tp2 low at 80.50/55 Tp3 80.25/30 while as breakout buy at 81.00/05 with Tp1 81.15/20 Tp2 81.30/35 Tp3 81.45/50

Euro/Usd This pair is trying to base on uptrend today, above retracement at 1.3150/60, as swing buy with Tp1 1.3245/50 Tp2 1.3275/80 Tp3 1.3340/45 while as breakout sell at 1.3150/60 with Tp1 1.3095/00 Tp2 1.3055/60 Tp3 1.3010/15

Gbp/Usd This pair is trying to base on uptrend today, above retracement at 1.5925/35, as swing buy with Tp1 1.6005/10 Tp2 High at 1.6030/35 Tp3 1.6075/80 while as breakout sell at 1.5925/35 with Tp1 1.5895/00 Tp2 1.5865/70 Tp3 1.5825/30

Euro/Gbp This pair is on downtrend but might change this view is basing above retracement at 0.8265/70, as swing sell with Tp1 0.8225/30 Tp2 low at 0.8205/10 Tp3 0.8190/95 while as breakout buy at 0.8265/70 with Tp1 0.8280/85 Tp2 0.8295/00 Tp3 0.8320/25

Usd/Cad This pair trying to base on downtrend today as continuation of reversal movement of yesterday, below retracement at 0.9960/70 as swing sell with Tp1 0.9890/95 Tp2 low at 0.9865/75 Tp3 0.9805/10 while as breakout buy at 0.9960/70 with Tp1 1.0030/35 Tp2 1.0070/75 Tp3 1.0105/10

Aud/Usd This pair is on uptrend today effected by yesterday big upward movement resulted by Good Aussie news Release(talked about yesterday..), retracement at 1.0370/80, as swing buy with Tp1 1.0510/15 Tp2 1.0545/50 Tp3 1.0645/50 while as breakout sell at 1.0370/80 with Tp1 1.0305/10 Tp2 1.0240/45 Tp3 low at 1.0185/90

Nzd/Usd This pair is on uptrend today, retracement at 0.8230/40, as swing buy with Tp1 High at 0.8280/90 Tp2 0.8320/25 Tp3 0.8345/50 Tp4 0.8410/15 while as breakout sell at 0.8230/40 with Tp1 0.8180/85 Tp2 0.8135/40 Tp3 0.8100/05

Euro/Chf This pair is moving sideways, buy at 1.2020/25 with Tp1 1.2030/35 Tp2 1.2045/50 Tp3 1.2055/60 while sell at 1.2020/25 with Tp1 1.2000/05 Tp2 1.1995/00 Tp3 1.1985/90

Gbp/Chf This pair is trying to base on downtrend today, below retracement at 1.4545/55, as swing sell with Tp1 1.4490/95 Tp2 1.4470/75 Tp3 1.4420/25 while as breakout buy at 1.4545/55 with Tp1 1.4610/15 Tp2 1.4645/50 Tp3 1.4675/80

Euro/Jpy This pair is on downtrend, retraceemnt at 107.30/40, as swing sell with Tp1 105.90/95 Tp2 105.60/65 Tp3 low at 105.25/30 while as breakout buy at 107.30/40 with Tp1 107.85/90 Tp2 108.35/40 Tp3 108.70/80

Gbp/Jpy This pair is on downtrend, retracement at 129.75/85, as swing sell with Tp1 128.45/50 Tp2 128.15/20 Tp3 low at 127.80/90 while as breakout buy at 129.75/80 with Tp1 130.20/25 Tp2 130.85/90 Tp3 131.10/15

Gold is on uptrend, retracement at 1666/67, as swing buy with Tp1 High at 1691/92 Tp2 1698/99 Tp3 1716/17 while sell at 1666/67 with Tp1 1650/51 Tp2 1638/39 Tp3 1627/28

Oil is on uptrend, retracement at 103.05/10, as swing buy with Tp1 104.75/80 Tp2 105.30/35 Tp3 106.30/35 while as breakout sell at 103.05/10 with Tp1 102.20/25 Tp2 101.50/55 Tp3 100.70/75










Have A Great Trading Day & A Happy Weekend!!!
Goodluck !!!
MALHAR TAKLE
(FOREX TRADER,ANALYST and Expert Advisor ,Indicator programmers)