Friday Sep. 19 2014
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Transcript of Friday Sep. 19 2014
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DAILY FOREX MARKET ANALYSIS
SELECTED CURRENCY PAIRS
SEPTEMBER 19, 2014______________________________________________________________
I. DAILY CHART CURRENCY ANALYSIS
WIDE-VIEW ANALYSIS
IMMEDIATE-VIEW ANALYSIS
BRIEF DESCRIPTION
II. POSSIBLE TRADES NEXT FEW DAYS
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TODAYS PAIRS
EUROJPY
GBP JPY
AUD CAD
GBP CHF
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I. CURRENCY ANALYSIS
EURO JPY
DAILY CHART
100,00
110,00
120,00
130,00
140,00
15/02/2012 28/08 10/12 26/03/2013 08/07 18/10 03/02/2014 16/05 28/08
Mar May Jul Sep Nov 2013 Mar May Jul Sep Nov 2014 Mar May Jul Sep
FXCM Marketscope 2014
140,451
Large Pennant setup between the Inner and Outer Uptrend Lines;
DAILY CHART
Pennant broken with Bull Candle- started with break of small Range;
Has reached the Weekly Range - setup and another signal could follow;
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GBP JPY
WIDER VIEW
DAILY CHART
120,00
130,00
140,00
150,00
160,00
170,00
180,00
10/11/2011 09/08 30/11 27/03/2013 18/07 08/11 05/03/2014 26/06
2012 Mar May Jul Sep Nov 2013 Mar May Jul Sep Nov 2014 Mar May Jul Sep
FXCM Marketscope 2014
177,684
Broke out of Large Pennant above Inner Uptrend Line;
DAILY CHART
Has hit the Monthly Range (MR) of this pair (1,000 Pips);
Needs a pullback, setup and another Signal to resume breakout;
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AUD CAD
WIDER VIEW
0,9250
0,9500
0,9750
1,0000
1,0250
1,0500
11/06/2013 16/08 08/10 28/11 22/01/2014 14/03 06/05 26/06 18/08
Jul Aug Sep Oct Nov Dec 2014 Feb Mar Apr May Jun Jul Aug Sep
FXCM Marketscope 2014
0,97744
Broke out of Range, now at Outer Uptrend Line;
IMMEDIATE VIEW
At the Breakout Equivalent (B.E.) of small Range;
Below Outer Uptrend Line;
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GBP CHF
DAILY CHART
1,4000
1,4250
1,4500
1,4750
1,5000
1,5250
1,5500
08/02/2013 12/06 21/08 30/10 10/01/2014 21/03 30/05 08/08 09/10
Mar Apr May Jun Jul Aug Sep Oct Nov 2014 Mar Apr May Jun Jul Aug Oct
FXCM Marketscope 2014
1,53200
Resuming Uptrend with break of Counter Trend Line (Red);
DAILY CHART
Has rallied to just below the Weekly Range;
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III. POSSIBLE TRADES NEXT FEW DAYS
PAIR SETUPS & SIGNALS
EURO JPY Daily Chart Setup and Signal to continue bullish breakout;AUD CAD Setup and Bearish Signal Below Outer Trend Line;
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