Saturday, February 4th, 2012

Watchlist for Sunday/Monday, December 20, 21 2009

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Pair Daily 4h 1h
CADJPY Still triangulating, bias long toward the 800sma Still wrapping around the 800sma Still wrapping around the 800sma, wide range 85 – 83, nested range 85 – 84.50
EURJPY Still stuck in an enormous range! Second support rejection at 127.45 King of stuck around a muddy area…hard to find an actionable range.
EURUSD Looks like it is headed to the 800sma, but must remember the retracement level at 1.4960 Minor retracement level at 1.4480 and that could mean a tightening up again around the 800sma Divergence, combined w/ the two untested retracement levels gives me a bias to the long side.  1.44 – 1.43
GBPCHF Is this the 2nd attempt toward the 800sma? Lots of mixed signals here Didn’t stay away from the 800 long before coming back to it…this could be a sign that this baby is ready to trend to the long side for a very long time.
GBPJPY Triangulating, no bias at this point 146.40 – 144  
GBPUSD Consolidating….still.  Ugh. Left the 800sma cons., and retested, 1.6190 – 1.6075 Why do I still hold such a bias long?  The technicals say this could really go either way.
NZDUSD Trying to head for the 800sma? Hasn’t hit the 800sma here either, but is making a nice triple bottom. .7130 – .7080
USDCAD Not much has changed here Left the nested box and has retested. 1.0725 – 1.0632
USDCHF Strong long looks ready for a pullback. 800sma consolidation 1.0280 hasn’t been retested yet and the long side looks tired.  1.05 – 1.04
USDJPY Triangulating Nested box trade worked well, but hasn’t hit the 800 yet 90.80 – 90

 

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Triffany

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