Daily Forex Market Analysis - 6 May 2008

Filed Under (Daily Forex Market Analysis) by Trader on 07-05-2008

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EUR/USD

We are looking to sell the pair based on TNT (PIPS) signals once it breaks below the PIPS Weekly Pivot, provided prices are trendy and not choppy. We may also look to buy based on TNT (PIPS) signals as long as it remains above the PIPS Weekly Pivot, provided prices are trendy and not choppy. The pair is seen undergoing a possible major downward retracement as it has broken the 1.5535 level on the Daily Chart. Next major support is at 1.5390, followed by 1.5170 on the Daily Chart.

GBP/USD

We are looking to sell the pair based on TNT (PIPS) signals as long as it remains below the PIPS Weekly Pivot, provided prices are trendy and not choppy, otherwise we may look to buy once it breaks above the PIPS Weekly Pivot. We see a possibility for the pair to retest the 1.9400 level.

USD/CHF

We are looking to buy the pair based on TNT (PIPS) signals as long at it remains above the PIPS Weekly Pivot, and vice versa, provided prices are trendy and not choppy.

USD/JPY

We are looking to buy the pair based on TNT signals once it breaks above the PIPS Weekly Pivot, provided the global stock market is bullish, and vice versa. For both cases, prices must be trendy and not choppy.

EUR/JPY

We are looking to buy the pair based on TNT (PIPS) signals, as long as it remains above the PIPS Weekly Pivot, provided prices are trendy and not choppy, and vice versa.

USD/CAD

We are looking to sell the pair based on TNT (PIPS) signals as long as it remains below 1.0140, provided prices are trendy and not choppy, and vice versa.

AUD/USD

We are looking to buy the pair based on TNT (PIPS) signals as long as it remains above 0.9440 (High of May 1, 2008), provided prices are trendy and not choppy.

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Daily Forex Market Analysis - 5 May 2008

Filed Under (Daily Forex Market Analysis) by Trader on 05-05-2008

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EUR/USD

We are looking to sell the pair based on TNT (PIPS) signals as long as it remains below the PIPS Weekly Pivot, provided prices are trendy and not choppy. We may also look to buy based on TNT (PIPS) signals if it breaks above the PIPS Weekly Pivot, provided prices are trendy and not choppy. The pair is seen undergoing a possible major downward retracement as it has broken the 1.5535 level on the Daily Chart. Next major support is at 1.5390, followed by 1.5170 on the Daily Chart.

GBP/USD

We are looking to sell the pair based on TNT (PIPS) signals as long as it remains below the PIPS Weekly Pivot, provided prices are trendy and not choppy, otherwise we may look to buy once it breaks above the PIPS Weekly Pivot. We see a possibility for the pair to retest the 1.9400 level.

USD/CHF

We are looking to buy the pair based on TNT (PIPS) signals as long at it remains above the PIPS Weekly Pivot, and vice versa, provided prices are trendy and not choppy.

USD/JPY

We are looking to buy the pair based on TNT signals as long as it remains above the PIPS Weekly Pivot, provided the global stock market is bullish, and vice versa. For both cases, prices must be trendy and not choppy.

EUR/JPY

We are looking to buy the pair based on TNT (PIPS) signals, as long as it remains above the PIPS Weekly Pivot, provided prices are trendy and not choppy, and vice versa.

USD/CAD

We are looking to buy the pair based on TNT (PIPS) signals as long as it remains above the PIPS Weekly Pivot, provided prices are trendy and not choppy, and vice versa.

AUD/USD

We are looking to sell the pair based on TNT (PIPS) signals as long as it remains below the PIPS Weekly Pivot, provided prices are trendy and not choppy, and vice versa.

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Daily Forex Market Analysis - 2 May 2008

Filed Under (Daily Forex Market Analysis) by Trader on 02-05-2008

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EUR/USD

We are looking to sell the pair based on TNT signals as long as it remains below 1.5516 (Wednesday’s Low), provided prices are trendy and not choppy. We may also look to buy based on TNT signals if it breaks above 1.5516, provided prices are trendy and not choppy. The pair is seen undergoing a possible major downward retracement as it has broken the 1.5535 level on the Daily Chart. Next major support is at 1.5390 on the Daily Chart.

GBP/USD

We are looking to sell the pair based on TNT signals as long as it remains below 1.9805, provided prices are trendy and not choppy, otherwise we may look to buy once it breaks above the PIPS Weekly Pivot. We see a possibility for the pair to retest the 1.9400 level.

USD/CHF

We are looking to buy the pair based on TNT signals as long at it remains above 1.0425, and vice versa, provided prices are trendy and not choppy.

USD/JPY

We are looking to buy the pair based on TNT signals as long as it remains above the PIPS Weekly Pivot, provided the global stock market is bullish, and vice versa. For both cases, prices must be trendy and not choppy.

EUR/JPY

We are looking to sell the pair based on TNT signals, as long as it remains below 162.35, provided prices are trendy and not choppy, and vice versa.

USD/CAD

We are looking to buy the pair as long as it remains above 1.0140, provided prices are trendy and not choppy, and vice versa.

AUD/USD

We are looking to sell the pair based on TNT signals as long as it remains below the PIPS Weekly Pivot, provided prices are trendy and not choppy.

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Daily Forex Market Analysis - 1 May 2008

Filed Under (Daily Forex Market Analysis) by Trader on 02-05-2008

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EUR/USD

We are looking to sell the pair based on TNT signals as long as it remains below 1.5644 (Wednesday’s High), provided prices are trendy and not choppy. We may also look to buy based on TNT signals if it breaks above the PIPS Weekly Pivot, provided prices are trendy and not choppy. The pair is seen undergoing a possible major downward retracement as it has broken the 1.5760 level on the Daily Chart. Next major support is at 1.5535 on the Daily Chart.

GBP/USD

We are looking to sell the pair based on TNT signals once it breaks below the PIPS Weekly Pivot, provided prices are trendy and not choppy, otherwise we may look to buy as long as it remains above the PIPS Weekly Pivot. We see a possibility for the pair to retest the 1.9400 level.

USD/CHF

We are looking to buy the pair based on TNT signals as long at it remains above 1.0330, and vice versa, provided prices are trendy and not choppy.

USD/JPY

We are looking to sell the pair based on TNT signals as long as it remains below the PIPS Weekly Pivot, provided the global stock market is bullish, and vice versa. For both cases, prices must be trendy and not choppy.

EUR/JPY

We are looking to sell the pair based on TNT signals, as long as it remains below 162.50, provided prices are trendy and not choppy, and vice versa.

USD/CAD

We are looking to sell the pair as long as it remains below the PIPS Weekly Pivot, provided prices are trendy and not choppy, and vice versa.

AUD/USD

We are looking to buy the pair based on TNT signals as long as it remains above the PIPS Weekly Pivot, provided prices are trendy and not choppy.

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Daily Forex Market Analysis - 30 Apr 2008

Filed Under (Daily Forex Market Analysis) by Trader on 01-05-2008

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EUR/USD

We are looking to sell the pair based on TNT signals as long as it remains below 1.5659 (Tuesday’s High), provided prices are trendy and not choppy. We may also look to buy based on TNT signals if it breaks above the PIPS Weekly Pivot, provided prices are trendy and not choppy. The pair is seen undergoing a possible major downward retracement as it has broken the 1.5760 level on the Daily Chart. Next major support is at 1.5535 on the Daily Chart.

GBP/USD

We are looking to sell the pair based on TNT signals as long as it remains below 1.9755, provided prices are trendy and not choppy, otherwise we may look to buy once it breaks above 1.9755. We see a possibility for the pair to retest the 1.9400 level.

USD/CHF

We are looking to buy the pair based on TNT signals as long at it remains above 1.0330, and vice versa, provided prices are trendy and not choppy.

USD/JPY

We are looking to buy the pair based on TNT signals once it breaks above the PIPS Weekly Pivot, provided the global stock market is bullish, and vice versa. For both cases, prices must be trendy and not choppy.

EUR/JPY

We are looking to sell the pair based on TNT signals, as long as it remains below 162.35, provided prices are trendy and not choppy, and vice versa.

USD/CAD

We are staying away from this pair for today.

AUD/USD

We are looking to sell the pair based on TNT signals as long as it remains below 0.9375, provided prices are trendy and not choppy.

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Daily Forex Market Analysis - 29 Apr 2008

Filed Under (Daily Forex Market Analysis) by Trader on 01-05-2008

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EUR/USD

We are looking to sell the pair based on TNT signals as long as it remains below the PIPS Weekly Pivot, provided prices are trendy and not choppy. We may also look to buy based on TNT signals if it breaks above the PIPS Weekly Pivot, provided prices are trendy and not choppy. The pair is seen undergoing a possible major downward retracement as it has broken the 1.5760 level on the Daily Chart. Next major support is at 1.5535 on the Daily Chart.

GBP/USD

We are looking to buy the pair based on TNT signals as long as it remains above the PIPS Weekly Pivot, provided prices are trendy and not choppy, otherwise we may look to sell once it breaks below the PIPS Weekly Pivot. We see a possibility for the pair to retest the 1.9400 level.

USD/CHF

We are looking to buy the pair based on TNT signals as long at it remains above the PIPS Weekly Pivot, and vice versa, provided prices are trendy and not choppy.

USD/JPY

We are looking to buy the pair based on TNT signals as long as it remains above the PIPS Weekly Pivot, provided the global stock market is bullish, and vice versa. For both cases, prices must be trendy and not choppy.

EUR/JPY

We are looking to sell the pair based on TNT signals, as long as it remains below the PIPS Weekly Pivot , provided prices are trendy and not choppy, and vice versa.

USD/CAD

We are staying away from this pair for today.

AUD/USD

We are looking to sell the pair based on TNT signals if it is below the PIPS Weekly Pivot and vice versa, provided prices are trendy and not choppy.

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