Wednesday, February 8th, 2012

Watchlist for Sunday/Monday, July 4/5, 2010

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Remember:  There is NO WLW on Monday!!

Pair Daily 4h 1h
CADJPY Nosedived to 81.75 levels with 85.40 un-retraced. Beginning to triangulate Large range:  83.50 – 81.75

Small range:  83.15 – 82.30

EURJPY Back at the top of that smaller range. Mucky range, but support is definitely at 109.75 Trying for a H/S??
EURUSD Upside down H/S triggered, but on late week volume. Would love to see a retest to 1.2430 and then a bounce up to take the larger signal. Large range:  1.26 – 1.2480

Small range:  tbd

GBPCHF Clean bounce off of 1.6060 Tightening up Large range:  1.63 – 1.5960

Small range:  1.6215 – 1.6060

GBPJPY Still ranging along the top of the channel Retesting the bottom of the smaller consolidation area? Large range:  133.85 – 132.80

Small range:  133.40 – 133

GBPUSD Tagged the top of the ascending channel Price rolling over 1.52 – 1.5150
NZDUSD Descending in a descending channel and has only hit the midpoint. Nothing here yet. Double top?  Small range at .69 – .6865
USDCAD Not much here. Double top or tightening? Looks more like a double top here.
USDCHF Looks ready to bounce off of 1.0570 Leveling off. Large range:  1.0750 – 1.0580

Small range:  1.07 – 1.0615

USDJPY At the bottom of a descending channel Retraced? Large range:  88.20 – 87

Small range:  87.90 – 87.50

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I hope your weekend is wonderful, fantastic, incredible, rejuvenating and exactly what you want/deserve it to be!!  :)

Triffany

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