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Intraday Range Forecast, Resistance and Support Levels
USD/JPY
Intraday Range Forecast: 102.70 / 103.00
R: 103.12/103.42/103.92
S: 102.49/102.02/101.67

EUR/USD
Intraday Range Forecast: 1.3060 / 1.3090
R: 1.3119/1.3138/1.3191
S: 1.3031/1.3012/1.2947

USD/CHF
Intraday Range Forecast: 1.1805 / 1.1835
R: 1.1878/1.1914/1.1969
S: 1.1800/1.1748/1.1713

GBP/USD
Intraday Range Forecast: 1.8810 / 1.8840
R: 1.8867/1.8918/1.8940
S: 1.8800/1.8740/1.8689

AUD/USD
Intraday Range Forecast: 0.7690 / 0.7710
R: 0.7719/0.7745/0.7798
S: 0.7681/0.7652/0.7623

EUR/JPY
Intraday Range Forecast: 134.40 / 134.70
R: 134.85/135.07/135.30
S: 133.87/133.27/133.01

EUR/GBP
Intraday Range Forecast: 0.6945 / 0.6955
R: 0.6966/0.6981/0.7012
S: 0.6941/0.6916/0.6873

EUR/CHF
Intraday Range Forecast: 1.5445 / 1.5470
R: 1.5505/1.5515/1.5548
S: 1.5441/1.5401/1.5379

USD strong out of the gate this morning

I've left a limit buy EUR/USD 1.3

Not often you're quiet, huh
G'morning :S

ha trying to post a chart up....cudnt.....ha

EUR/USD

Support starts at 1.3022, followed by 1.2985 and 1.2945. First resistance was found at 1.31 and it will probably be tested again a bit later, if the support level
at 1.3022 will be strong enough to hold. Also, the accumulate positive momentum following Friday's rise is helping the EUR regain ground, thus we believe the EUR will set fresh highs.
Current quote is 1.3045.

Recommended trades:

Long at 1.3020, t/p @1.3075, s/l @1.2990.
If t/p hit, adjust s/l at 1.3050 and hold the position for an exit around 1.31

USD/JPY

Support is seen at 102.40 followed by 102.20 and 101.90. Resistance is seen at 103.20 and 103.40. We expect a reverse around first resistance key.
Current quote is 102.95

Recommended trades:

jm, took a quick 20 out of cabel 62 out @ 82.
flat now

Morning all. Fishing today. Long Euro/$ 1.3040, stop at 010; short $/Yen 102.95, stop at 103.22 (this one looks dodgy).

fishing magg..wrap up mate...

mos, nice one. cable looked like you could nick a few early doors, buthad to get to work

mos. Looks like being a crap day - stopped out of $/yen short; what a start. Still, the trend is up.

yep u said it looked dogy magg,so thats what stops are for..email me and ill mail u something that may help you out....no its not a swedish au pair..

Morning all,did same trade as you mos, first one I have got right for days.

Closed Euro/$ +2 as run up was faltering (like me). I do better following the trend and not trying to catch bounces. Still, another five years and I might get the hang of it.

Go and enjoy the fishing, Maggot :)

dt,not far behing u on that one mate...

Yep, chocolat. Have you heard this beautiful poem by Patrick R Chalmers?


And still the fair conceit I'd hold
That fisherman never grow old.
That with the daffodil's gold
And with the cowslip's plenty,
And with the loud and building rooks
The man of rods, and line and hooks
Is always One-and-twenty.

zzzzzzzz maggott go ...go fishing....