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Forex4you Technical Analysis 29/06/10

EUR/USD: Technical AnalysisThe signal in the shape of the breach of the range of 1.2340-1.2290 together with the line of the upgrading trend (the red line) afforded ground for foreseeing the high…Continue

Started Jun 29, 2010

Forex4you Technical Analysis 28/06/10

GBP/USD: Technical AnalysisThe degree of 1.4870, which was formerly mentioned as a powerful support, provided the comeback to the upturn. The price has marked the new local maximum and is currently…Continue

Tags: Broker, Forex, Trading, Currency

Started Jun 28, 2010

Forex4you Currency Roundup - 24/06/10

USD   The dollar fell on Wednesday following a negative outlook from the FOMC meeting and surprisingly poor housing data. The Fed delivered a dovish FOMC statement, citing high unemployment,…Continue

Tags: Broker, Forex, Trading, Currency

Started Jun 25, 2010

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Forex4you Technical Analysis 08 Feb 2012

EUR/USD: Technical AnalysisThe EUR/USD broke out of its range and rose yesterday and now it is consolidating and will probably pull-back to the range highs at 1.3220 and possibly to 1.3150 thereafter if the correction gathers strength. After that the move up will probably resume with the price objective for the breakout from the box at 1.3615, which is the same level as the upper channel line, although strong resistance at 1.3340 from pivots could cap gains temporarily.Analysis by: Joaquin Monfort                    Forex4you analystDisclaimer:Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.See More
Blog post by Albie Watts Feb 8
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Forex4you Technical Analysis 07 Feb 2012

EUR/USD: Technical AnalysisEarlier forecasts, expecting 1.3040/30 support level to halt the "bearish" movement and push the price back to 1.3210/20 – 1.3080/90 consolidation range confirmed, so the price now resides at 1.3130/49 level. Indicators are unclear, suggesting rising uncertainty in the market. 1.3080/70/1.3040/30 support levels breakouts will be a signal to anticipate further downtrend towards 1.3000 and then to 1.2900 level. 1.3230/20 resistance breakout will give reasons to anticipate 1.3280-1.3300 levels tests anytime soon.Analysis by: Arkady Nagiev                   Forex4you analystDisclaimer:Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.See More
Blog post by Albie Watts Feb 7
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Forex4you Technical Analysis 30 Jan 2012

EUR/USD: Technical AnalysisLevel 1.3140/50 held back the "bulls", like expected, but not for a long time. The price went further up, tested 1.3220/30 level, which turned out to be a strong resistance, and pulled back down to level 1.3140/30, where trading is being currently carried out. Indicators are turning more down, suggesting further decline, most likely to 1.3100 or even lower, to 1.3080/70 level. However, present pullback should be considered a correction within the uptrend. Reversal up will give reasons to anticipate 1.3280-1.3300 levels to be tested anytime soon. On the other hand, if the trades hold below 1.2900 and then breach 1.2830/40 support, "bearish" sentiment will be back in the market for a medium-term.Analysis by: Joaquin Monfort                    Forex4you analystDisclaimer:Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.See More
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OTCFX left a comment for Albie Watts Jan 26
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Forex4you Technical Analysis 23 Jan 2012

EUR/USD: Technical AnalysisThere is a general upside bias because of the strong support at 1.2850 and the unfinished elliot wave pattern higher. A break of the high at 1.2950 would lead to a rally and re-touch of the recent highs at 1.2985 -and then perhaps even further upside to the 200 - 4-hourly MA at around 1.3000 – which is also a key psychological level. If the pair falls however, then it could drift down to support at 1.2850 instead, with a possible resumption of the broader down-trend on the cards thereafter.Analysis by: Joaquin Monfort                    Forex4you analystDisclaimer:Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.See More
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Forex4you Technical Analysis 16 Jan 2012

EUR/USD: Technical AnalysisThe price declined below 1.2780/70 level, triggering a reversal of the "bearish" sentiment on the last session. Trading slipped to its local minimums and then even lower, reaching 1.2630/20 levels. At the moment we observe a pullback up, the price resides at 1.2670/80 level. Indicators are unclear, suggesting uncertainty in the market, which is very likely to result in another correction to recent growth, followed by a possible pullback up, probably to 1.2770/80 level or even higher. For now, consolidation range would be limited by 1.2700/1.2690 resistance. Speaking of a medium-term outlook, the "bearish" trend would be dominating with next target found at 1.2370/60 level.Analysis by: Arkady Nagiev                    Forex4you analystDisclaimer:Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.See More
Blog post by Albie Watts Jan 16
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Forex4you Technical Analysis 13 Jan 2012

EUR/USD: Technical AnalysisThe price breached 1.2810 resistance. Level 1.2850/60 is currently holding back the price from further growth, trading is carried out at 1.2840/50. Indicators are mostly "bullish", which gives reasons to anticipate another ascension. It's worth noting, however, that the price now resides around significant resistance levels, which are strong enough to halt further upward movement. If trading falls below 1.2780/70 line, market sentiment will most likely turn "bearish", so we'll be expecting a reversal down and current local minimums -1.2660/70 levels - to be tested anytime soon after. Medium-term outlook looks to be bearish with the next target found at 1.2370/60 level. Even if the price proceeds with its growth, it will be held back by level 1.2900. Analysis by: Arkady Nagiev                     Forex4you analystDisclaimer: Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.See More
Blog post by Albie Watts Jan 13
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Forex4you Technical Analysis 02 Jan 2012

EUR/USD: Technical AnalysisThe EUR/USD is consolidating at the lows which might indicate a correction in prices. Wave analysis points to the possible completion of a cycle at the current lows and a rebound possible. Strong momentum convergences and an inverted H&S on RSI also indicate there may be a bounce, and 1.3000 provides the first target. The overall trend is still down, however, and it could resume at any time and if there is a break down it could target support in the 1.26s initially.Analysis by: Joaquin Monfort                    Forex4you analystDisclaimer:Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.See More
Blog post by Albie Watts Jan 2
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Forex4you Technical Analysis 10 Feb 2012

EUR/USD: Technical Analysis

The price failed to hold above 1.3300 level, so the price stayed within 1.3300- 1.3250 consolidation range. Trading is currently carried out at 1.3270/80 level. Indicators are neutral, suggesting further range trading with a possible extension of current consolidation range down to 1.3200/1.3190 levels. At the same time, the uptrend is still considered to be dominating and growth to 1.3420/30 targets is also possible. 1.3040/00 support…

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Posted on February 10, 2012 at 6:47am

Albie Watts

Forex4you Technical Analysis 09 Feb 2012

EUR/USD: Technical Analysis

The EUR/USD has rallied to the underside of a major multi-month down-sloping channel where it has encounter resistance and is currently pulling back. The correction will probably fall to the support at 1.3220 and then perhaps the top of the range at 1.3180 - if it is a strong move. However, the recent breakout from the consolidation has still not met its target at 1.3335, where other resistance is also clustered and eventually I see a rally…

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Posted on February 9, 2012 at 6:53am

Albie Watts

Forex4you Technical Analysis 08 Feb 2012

EUR/USD: Technical Analysis

The EUR/USD broke out of its range and rose yesterday and now it is consolidating and will probably pull-back to the range highs at 1.3220 and possibly to 1.3150 thereafter if the correction gathers strength. After that the move up will probably resume with the price objective for the breakout from the box at 1.3615, which is the same level as the upper channel line, although strong resistance at 1.3340 from pivots could cap gains…

Continue

Posted on February 8, 2012 at 7:33am

Albie Watts

Forex4you Technical Analysis 07 Feb 2012

EUR/USD: Technical Analysis

Earlier forecasts, expecting 1.3040/30 support level to halt the "bearish" movement and push the price back to 1.3210/20 – 1.3080/90 consolidation range confirmed, so the price now resides at 1.3130/49 level. Indicators are unclear, suggesting rising uncertainty in the market. 1.3080/70/1.3040/30 support levels breakouts will be a signal to anticipate further downtrend towards 1.3000 and then to 1.2900 level. 1.3230/20 resistance breakout…

Continue

Posted on February 7, 2012 at 7:10am

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At 2:58pm on January 26, 2012, OTCFXOTCFX said…

Hi


My name is Michael Thomas; you might remember me as the former Head of Training for PremiereTrade. I have been friends with 'best-selling' Forex author James Dicks for many years, and have learned a great deal from him. James is launching a book tour and training course centered on his latest book "The Forex Edge". James mentioned I was the best person he knew to launch a Forex Introducing Brokerage firm. One of the most important lessons I took from James is the importance of unparalleled customer support. I am sending you a personal note letting you know that I have started a new Forex firm, OTCFX Inc., located in Lake Mary, Florida.
I started OTCFX to help solve many of the issues I see customers facing at their current Forex brokers. These firms are happy to take your deposit, but fall silent when you have questions about trading, charting, or bad fills. Over the years I have used my expertise to help my clients with problems, concerns, and questions about technical analysis. More importantly, I have helped clients understand how to place trades using that analysis. I have recently aligned my firm with ILQ (Institutional Liquidity). ILQ is a NFA registered Forex Dealer Member that only deals with institutions like OTCFX. This arrangement allows me to act as an intermediary on behalf of my clients. Also, this partnership removes the concern that ILQ will treat me as their competition as I have experienced in the past.
Aside from having a mutual belief in doing what is right by our customers, one of the main reasons that I choose ILQ was the large number of currency pairs available to trade. Right now you can trade up to 50 different pairs that include 11 majors, 21crosses and 18 exotics. I believe having strong customer support and a wide array of currency pairs to trade will make my firm an attractive option for you.
I hope you will consider my firm for trading in the Forex market. I have always enjoyed my relationships with my clients in the past and I would truly enjoy serving your Forex needs in the future.
If you have any questions, let me know.
Thank you and take good care.
www.otcfx.com

--

Michael Thomas

President/CEO

 

OTCFX Inc.

103 Commerce Street

Suite #100

Lake Mary, Fl 32746

407-459-1188
1-888-813-4543

 

*Trading in the Foreign Exchange market involves a significant and substantial risk of loss and may not be suitable for everyone. You should carefully consider whether trading is suitable for you in light of your age, income, personal circumstances, trading knowledge, and financial resources. Only true risk capital should be used for trading in the Foreign Exchange market. Any opinion, market analysis or other information of any kind contained in this email is subject to change at any time. Nothing in this email should be construed as a solicitation to trade in the Foreign Exchange market. OTCFX Inc. (NFA ID# 0431979) is a registered Introducing Broker for Institutional Liquidity, LLC (ILQ). If you are considering trading in the Foreign Exchange market before you trade make sure you understand how the spot market operates, how OTCFX is compensated, understand ILQ's trading policy and rules and be thoroughly familiar with the operation of and the limitations of the platform on which you are going to trade. This message and any files transmitted with it are confidential and intended solely for the use of the individual or entity to whom it is addressed. It may contain sensitive and private proprietary or legally privileged information. No confidentiality or privilege is waived or lost by any unintended transmission. If you are not the intended recipient, please immediately delete it and all copies of it from your system, destroy any hard copies of it and notify the sender. You must not, directly or indirectly, use, disclose, distribute, print, or copy any part of this message if you are not the intended recipient. OTCFX Inc. reserves the right to monitor all e-mail communications through its networks. Any views expressed in this message are those of the individual sender, except where the message states otherwise and the sender is authorized to state them. Unless otherwise stated, any pricing information given in this message is indicative only, is subject to change and does not constitute an offer to deal at any price quoted.

 
 
 

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