Watchlist for Sunday/Monday February 28, March 1 2010
Day/Date: Sunday, February 28, 2010
Watchlist:
| Pair | Daily | 4h | 1h |
| CADJPY | Stuck, stuck, stuck | Left its range and easily hit the 200% level. Looks like it may retrace to 84.90 and I’d like to take a bounce down at that point. | If it wraps up between 84.90 and 84.10 then I could look at either direction, but right now I have a bias for the trend-side bounce. |
| EURJPY | Tried to break lower and rejected the move w/ Friday’s candle. That may be all the retracement this needs | 121.50 is the line to watch for a break up or a bounce down. | 121.50 – 120.85 |
| EURUSD | Market seems hesitant to break 1.3490 | Double bottom or a winding up for further shorting? | 1.3685 – 1.3585 |
| GBPCHF | Flirting w/ the 1.6350 again | Slight divergence could mean a retracement to 1.6450, 1.66 also has not been hit again | Divergence may be indicating that pullback is imminent. |
| GBPJPY | Price seems to be hesitant at 134.80, also divergent. | Double bottom? 137.60 hasn’t been retested | Small area of indecision at 135.70 – 134.80 |
| GBPUSD | Trend-side looks a little tired. | Divergence may trigger retracement in the market 1.5385 and 1.5885 have not been retraced | This timeframe makes me expect consolidation over retracement, but the AOI is 1.53 to 1.5190 for me |
| NZDUSD | Still wrapping around the 800sma | Not much to base a decision on here. | Not much to base a decision on here. |
| USDCAD | Tightening up again | Is it trying to create a little H/S? | No clear decision here |
| USDCHF | Trend looks tired, but it wouldn’t surprise me to get one more pop up on this one. | Severe price rejection of 1.07 may be a clue. | 1.0755 – 1.0732 (If short use secondary low as PT) |
| USDJPY | Has fully retraced to both horizontal and TL support I like the bounce. | Severe support rejection here. | AOI 89.50 – 88.80 |
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Hope you’re having a marvelous weekend!
Triffany
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 
