DAILY FOREX MARKET ANALYSIS
SELECTED CURRENCY PAIRS
SEPTEMBER 26, 2014______________________________________________________________
I. DAILY CHART CURRENCY ANALYSIS
WIDE-VIEW ANALYSIS
IMMEDIATE-VIEW ANALYSIS
BRIEF DESCRIPTION
II. POSSIBLE TRADES NEXT FEW DAYS
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TODAY´S PAIRS
EURO USD
USD CHF
USD CAD
NZD JPY
I. CURRENCY ANALYSIS
EURO USD
DAILY CHART
Heading to the Support of the Large Pennant Consolidation;
DAILY CHART
Broke below Counter Trend Line to continue slow, steady Downtrend;
Target is the Support of the Large Pennant;
4H CHART
Entry took place at the breakout from the follow-up Pennant Consolidation;
USD CHF
WIDER VIEW
DAILY CHART
Headed to the Outer Downtrend Line;
DAILY CHART
Continuing to Rally despite hitting the 2nd Weekly Range (WR) and thus the Monthly Range;
4 HOUR CHART
Entry took place after the break of the Pennant;
USD CAD
Resuming overall Uptrend after break of Downtrend Line;
IMMEDIATE VIEW
Breaking out from Normal Consolidation Range;
4th Candle used for entry - only 3 days left of 7 Day Period (Rule requires at least 4 days);
DAILY CHART
Target set for the Breakout Equivalent (B.E.) of this Normal Range;
4 HOUR CHART
Entry took place at the break of this Pennant;
NZD JPY
DAILY CHART
In a Large Pennant, now below the Uptrend Line;
DAILY CHART
U-turned sharply with very Large Candle to Support;
III. POSSIBLE TRADES NEXT FEW DAYS
PAIR SETUPS & SIGNALS
NZD JPY Setup and Signal to break Pennant bearish;AUD CAD Setup and Signal to continue bearish breakout;
NZD JPY
AUD CAD
Breakout Equivalent (B.E.) of small Range hit below Trend Line;
Needs a strong setup and signal to resume breakout;