FREE DAILY FOREX EXPERT SIGNALS & ANALYSIS

Hello Traders,


Forex Expert Signals & Analysis for 15th March 2012:

We have Important News Releases today for the Swiss Franc & Dollar Currency:


- CHF SNB Monetary Policy and Rate Decision: Buy Euro/Chf Usd/Chf Gbp/Chf if rate kept less than 0.25% or negative rates applied or/& statement is dovish(Defending 1.20 Peg with Utmost Determination & further QE Steps..) while sell if rate & policy kept the same as last month.

- US PPI & Unemployment Claims: Buy Usd/chf & Usd/Jpy if 0.7% or more for the first or/& 340K or below for the second while Buy Euro/Usd & Gbp/Usd if 0.3% or lower for first and 370K or more for the second


***SNB Monetary Policy is today Main Attention of Traders, would the announcement appear with an Intervention, that is surely a decision on the table but personally I do not expect it for now unless surprisely a new SNB President Name is announced which is also not expected as it must be released next month April.
What I expect is possible apply of negative rates, unless Chf will again power strongly if same SNB policy is repeated and we might find a fast fall to below 1.2050. Chf might weaken fast before the news release as started the upmove today due to fear of SNB Intervention but the fall might be faster afterwards if no Real Decision is announced by SNB or Ofcourse in an Intervention Case.


Short Term Signals:

Euro/Usd Buy at 1.2980/85 then 1.2960/65 then 1.2915/20, sell at 1.3090/95 then 1.3120/25 then 1.3150/55

Gbp/Usd Buy at 1.5610/15 then 1.5590/95 then 1.5530/35, sell at 1.5740/45 then 1.5780/85 then 1.5815/20

Usd/Chf Buy at 0.9220/25 then 0.9185/90 then 0.9140/45, sell at 0.9360/65 then 0.9385/90 then 0.9445/50

Usd/Jpy Buy at 82.85/90 then 82.50/55 then 82.10/15, sell at 84.15/20 then 84.40/45 then 84.95/00

Medium Term Daily Analysis:

Euro/Usd This pair is on downtrend, retracement at 1.3070/75, as swing swll with Tp1 1.2980/85 Tp2 low at 1.2960/65 Tp3 1.2915/20 while as breakout buy at 1.3070/75 with Tp1 1.3090/95 Tp2 1.3120/25 Tp3 1.3150/55

Gbp/Usd This pair is on downtrend, retracement at 1.5685/95, as swing sell with Tp1 1.5610/15 Tp2 low at 1.5590/95 Tp3 1.5530/35 while as breakout buy at 1.5740/45 Tp2 1.5780/85 Tp3 1.5815/20

Usd/Chf This pair is on uptrend, retracement at 0.9250/60, as swing buy with Tp1 High at 0.9315/20 Tp2 0.9360/65 Tp3 0.9385/90 Tp4 0.9445/50 while as breakout sell at 0.9250/60 with Tp1 0.9220/25 Tp2 0.9185/90 Tp3 0.9140/45

Usd/Jpy This pair is on uptrend, high support at 83.65/70, break is to retracement at 83.05/10, as swing buy with Tp1 High at 83.65/70 Tp2 84.15/20 Tp3 84.40/45 Tp4 84.95/00, while as breakout sell at 83.05/10 with Tp1 82.85/90 Tp2 82.50/55 Tp3 82.10/15

Euro/Gbp This pair is on downtrend, retracement at 0.8330/35, as swing sell with Tp1 0.8285/90 Tp2 0.8275/80 Tp3 low at 0.8255/60 while as breakout buy at 0.8330/35 with Tp1 0.8340/45 Tp2 0.8350/55 Tp3 0.8370/75

Usd/Cad This pair is moving sideways, will trade it as breakout on both sides, sell at 0.9915/20 with Tp1 0.9880/85 Tp2 0.9865/70 Tp3 0.9830/35 while buy at 0.9930/35 with Tp1 0.9965/70 Tp2 0.9980/85 Tp3 1.0015/20

Aud/Usd This pair is on downtrend, retracement at 1.0490/00, as swing sell with Tp1 low at 1.0430/40 Tp2 1.0375/80 Tp3 1.0345/50 Tp4 1.0270/75 while as breakout buy at 1.0490/00 with Tp1 1.0550/55 Tp2 1.0600/05 Tp3 1.0650/55

Nzd/Usd This pair is on downtrend, retracement at 0.8140/50, as swing sell with Tp1 low at 0.8070/75 Tp2 0.8010/15 Tp3 0.7970/75 Tp4 0.7870/75 while as breakout buy at 0.8140/50 with Tp1 0.8225/30 Tp2 0.8290/95 Tp3 0.8350/55

Euro/chf This pair is on uptrend, high support at 1.2110/15, break is to retracement at 1.2095/05, as swing buy with Tp1 1.2165/70 Tp2 1.2185/90 Tp3 1.2230/35 while as breakout sell at 1.2095/05 with Tp1 1.2065/70 Tp2 1.2035/40 Tp3 1.2005/10

Gbp/Chf This pair is on uptrend, retracement at 1.4510/20, as swing buy with Tp1 High at 1.4630/35 Tp2 1.4655/60 Tp3 1.4690/95 Tp4 1.4760/65 while as breakout sell at 1.4510/20 with Tp1 1.4480/85 Tp2 1.4435/40 Tp3 1.4375/80

Euro/Jpy This pair is on uptrend, retracement at 108.60/70, as swing buy with Tp1 109.60/65 Tp2 109.90/95 Tp3 110.45/50 while as breakout sell at 108.60/70 with Tp1 108.25/30 Tp2 107.90/95 Tp3 107.45/50

Gbp/Jpy This pair is on uptrend, retracement at 130.30/40, as swing buy with Tp1 High at 131.60/65 Tp2 121.85/90 Tp3 132.20/25 Tp4 133.00/05 while as breakout sell at 130.30/40 with Tp1 130.00/05 Tp2 129.50/55 Tp3 128.95/00

GOLD & OIL :
Gold is on downtrend, retracement at 1660/61, as swing sell with Tp1 low at 1632/33 Tp2 1617/18 Tp3 1605/06 Tp4 1577/78 while as breakout buy at 1660/61 with Tp1 1683/84 Tp2 1701/02 Tp3 1720/21

Oil is on downtrend, retracement at 106.00/05, as swing sell with Tp1 104.45/50 Tp2 low at 104.00/05 Tp3 102.80/85 while as breakout buy at 106.00/05 with Tp1 107.00/05 Tp2 107.80/85 Tp3 108.55/60



Have a great trading day !GOODLUCK!!!
MALHAR TAKLE
(FOREX TRADER,INDICATOR & EXPERT ADVISOR PROGRAMMER)
contact : malharonaldo@gmail.com

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