EUR/JPY Technical Analysis 2012-09-24

As EJ already making a new higher high, we are now looking for higher low before we preparing ourselves to take a new trade. EJ may want to test 61.8% fibo.

Trade idea:
No trade until we see the formation of higher low. As EJ is above kumo then we only want to take long trade. We want to see EJ break tenkan sen then we ready to take a trade.

Let's see the next move.

GBP/JPY Technical Analysis 2012 09 09

GJ is above Kumo and we believe GJ will continue bullish. We already set our 1st and 2nd target. GJ also in 'Cup with Handle' pattern. A reliable pattern. Let's see how GJ doing next week.

Gold Technical Analysis 2012 09 09

Weekly Gold Analysis.

Gold finally broke the triangle pattern. Our target will be at 1970.20. If price reverse in direction we will close our position manually. Let's see next week.

EUR/JPY Technical Analysis 2012 09 09

EJ broke the resistance. EJ now above Kumo and trend turned to bullish. We have two targets price as draw on the chart. Let's see whether our first target reach or not. Then follow by 2nd target.

Good luck.

GOLD Technical Analysis 2012-06-10

GOLD DAILY CHART

Gold currently in descending triangle, gold traders are at sideway as no fresh news on USD. Anyway, just monitor the chart and make decision when gold break channel or support.

Bloomberg news on gold. The analyst targeted gold will up to USD2,000 this year. Let's see and trade.

Trade Idea:
Stay aside until breakout happened.

GBP/USD Technical Analysis 2012-06-10

4H CHART

GU is in correction phase. Still in Kumo.

Trade Idea:
Standby to short when GU close below 1.5400. Possible target is at 1.5270.

GBP/JPY Technical Analysis 2012-06-10

GBP/JPY Technical Analysis 2012-06-10

4H CHART

GBP/JPY still in downtrend while making correction.

Trade Possibility :
Standby to short if close below 121.80