Watchlist for Sunday/Monday, August 22/23, 2010
Here’s the watchlist for next week.
| Pair | Daily | 4h | 1h |
| CADJPY | Second support rejection waiting for a confirmation candle/setup. | 82.30 – 81.15 | Risky small range on the 1h: 81.75 – 81.50 |
| EURJPY | Toying with a break of significant support. | Nice break and retrace, a bounce away from 109 would confirm short. Highly divergent right now. | 109.40 – 108.25 seems to be the first swing, if no confirmation bounce then watch for further tightening or close above 109.40 |
| EURUSD | Small H/S triggered, but on Friday trading. | Would like to see a retrace to 1.28 and bounce south to confirm the H/S. Divergence may bring retracement. | 1.2750 – 1.2665 |
| GBPCHF | Still within its large range. | 1.6150 -1.6050 | 6050 – 6025 is kind of muddy. |
| GBPJPY | Rejecting the top of the muddy area of the last consolidation. | Triangle triggered and has retraced. A bounce down off of 133.20 will confirm | |
| GBPUSD | Price has come all the way back to the Daily TL. | Trying to bounce up? Candles are there, but will wait for early week action. | 800sma consolidation |
| NZDUSD | Wide area of indecision. .72 – .70 | Double bottom? | Close above .7065 would make a nice trade to the neckline of the double bottom. |
| USDCAD | Wide triangle still tightening up. | Impulsive moves up and down. 1.0423 and 1.0335 unretested. | 1.05 – 1.0470 |
| USDCHF | Trying to break support of the larger consolidation. | Broke support and has retested, time to wait for confirmation. | |
| USDJPY | Sideways and tightening…almost a descending triangle. | 85.75 – 85.20 | 85.75 – 85.55 |
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Let me know what you’re watching and trading and I’ll see you at Monday’s WLW, 8am EDT.
Have a fantastic weekend!!

Triffany Hammond helps traders of all levels, gain the tools, resources and guidance necessary to build on their strengths and work around their weaknesses so that they can make the best possible decisions for themselves in the Forex Market. Triffany is a regular speaker and contributor at