Global Forex Signals Team
Forex Trafder "Wilpi" Blog
Monday, January 08, 2007
Thursday, January 04, 2007
Tuesday, January 02, 2007
Hello Traders in 2007.
USD loosing ground vs EUR and GBP.
EUR-USD - Resistance at 1,3245 was taken out, now pair testing nxt near 1,3290, above this level bulss will have a chance for 1,3325-64. Support at 1,3210-40. I will use this level for build new longs with sl below 1,3180.
GBP-USD - holding long opened 29.12 at 1,9570.
Resistance at 1,9670 was taken out and bulls testing next resistance at 1,9730. Todays strong rise suggest that bulls still have chances for 2,00-01 level. Clear break 1,9730-9750 will open way twds 1,9845. Support: 1,9650-70 and 1,9580-9610. New longs should be open above resistance ( 1,9750 ) or on a sharp fall ( 1,9625-50 ). Fall below 1,9560-80 will cancel this bullish scenario.
Today: ISM index, tommorow: ADP and FOMC minutes and Friday: NFP,
more www.gfsignals.com trader: wilpi
Good Luck
Wednesday, December 20, 2006
Hello Traders
EUR-USD - backed above 1,32, noe testing another minor resistance near 1,3240, roumors about stop-buy orders above this level, which quickly can push pair twds 1,3280-3300, also indicators are positive, no consolidation-correction during asia session suggest another round selling usd possible during european or us session, propably bulls want to take their christmas gift and we could see 1,3460 and 1,3660 very quickly.
Strategy buing some...more on www.gfsignals.com Trader:wilpi
GBP-USD - bulls fighting with 1,9730 resistance. Clear break will open the way twds 1,9845. On this pair also some traders want to take great bonus ahead of the end of the year. Support at 1,9650-75 should holds...
NOTE: If You want to predict some target on this pair please add 2% even 2,5% to november close and what You recive ? Yes this is possible target - above 2,00-01 ( why 2%-2,5% ? - average gain GBP vs USD on December ).
Strategy: www.gfsignals.com Trader: wilpi
USD-JPY - supported from EUR-JPY but some negative signs You can see below on 4h chart.
Strong resistance at 118,35, only clear break this level could hold bulls hope for move twds 118,75-119,00. Rumors - some stop buy orders above 118,40. Support 117,65-80 then 117,20.

Strategy www.gfsignals.com Trader: wilpi
Good Luck
piotr
Tuesday, December 19, 2006
Hello traders,
GBP-USD
As I expected yesterday, bulls found support near 1,9460 ( basis on daily close ). We saw strong rally during early european session - high 1,9653... but we have two strong resistaces 1,9660-70 and 1,9730. Need to close above this level ( basis on a daily close ) for move twds 1,9850 and possible 2,00-01. Indicators on the 4h chart also suggest that move above 1,9730 is possible.
Two Strategy:
1. Close long position here 1,9635, re-buy only if daily close will be above 1,9730.
2. Close half position, sl for rest move to 1,9550 and hold.
Want to know more?
www.gftraders.com Trader: wilpi
Good Luck
Monday, December 18, 2006
Hello Traders,
USD-JPY
One hour chart - small trinagle, technically we should break upside soon, but...
... better wait for todays US data amybe we will see some direction and remember BOJ rate decision tommorow, this two things tell me that better is to wait,
important support level 117,20-117,50.
GBP-USD
Very interesting situation on this pair.
Bulls need to hold 1,9460-9500 level for another move higher.
Today important US c/a, could give some direction.
Very attractive for going long looks 4h chart, so in my opinion
Buy on dip strategy should work…
but be carefull if will close below 1,9460 on daily basis...
Want to know more?
www.gftraders.com Trader: wilpi
Good Luck
Thursday, December 14, 2006
Hello Traders,
Very busy week,
Us data beat forecast but dovish FED,
EUR-USD could not find direction at this moment, bulls need to take out 1,3360 for move higher, on the downside, first support 1,3170, below 1,3130.
If 1,3130 willbe broken move towards 1,2980-1,3015 possible.
Important for next direction could be tommorows US data.
Surprise this week:
Another better than expected UK data ( inflation and todays Retail Sales ), support GBP,
EUR-GBP fall sharply, GBP-CHF rise strong….also GBP-USD looks positive, with chances for break 1,9730 resistance today
JPY:
Only some belive that BOJ could rise rate next week,
But important could be Friday Tankan index, if the number will be strong, we could see surprise next week :),
Be carfeull today with short jpy, profit taking possible ahead of data ( we are short usd-jpy ),
Want to know more?
www.gftraders.com Trader: wilpi
Good Luck




