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Moshe Shalom
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Read all the technical research and analysis provided by Moshe Shalom
General Trend:UPCurrent Trading Plan:Short: Under red line. Long: Since 1.4400Exit position: 1.4350Technical Indicators Notes:The pair is continuing its corrective process. The daily 20 SMA has ... Intraday Bias:DOWN.Trading Plan:Short: Under 92.40 which is the next upcoming trend line (first pink rectangle).Long: Over 93.30, but take care of a possible upside fake there.Bigger picture:The pair ... Intraday Bias: UP.Trading Plan:Short: Only under the wide upward channel and support level of 0.8940.Long: If not already, then after some correction toward the channel lower boundary.Bigger ... Intraday Bias: UP.Trading Plan: Short: Only under the wide upward channel (currently 1.4270). Long: If not already, then after the move over 1.4440. Bigger picture: In the last days of 2009, the pair ... Intraday Bias:Still up, until the break down of the lower channel boundary (blue – 4 Hours Chart) Trade Plan:Short Under: 0.8950First target: support level of 0.8899.Long Over:Inside the ... Intraday Bias:The upward channel gives the pair its bias to the upside. A break down of its lower boundary will change it to the downside. Trade Plan:Short:under 1.4320 with an obvious target of ... |