GLOBAL FOREX SIGNALS

Close Signal for USD/CHF

14:54:58 GMT: Close Signal

USD/CHF Buy 1 1.2040 Stop: 1.2034 Limit: 1.2080 Close: 1.2034 (Close Price)

Profit: -6 pips

New GBP/USD trade signal

14:40:52 GMT: New Signal

GBP/USD Sell 1 2.0310 Stop: 2.0345 Limit: 2.0285

USD/CHF close the trade

14:18:13 GMT: Close Signal

USD/CHF Buy 1 1.2040 Stop: 1.2034 Limit: 0.0000 Close: 1.2055 (Close Price)

Profit: +15 pips

Description: close one of the positions

Update USD/CHF Stop Loss value

13:44:02 GMT: Update Signal

USD/CHF Buy 1 1.2040 Stop: 1.2034 (New Value) Limit: 1.2080

13:44:18 GMT: Update Signal

USD/CHF Buy 1 1.2040 Stop: 1.2034 (New Value) Limit: 0.0000

New USD/CHF buy alert

12:39:03 GMT: New Signal

USD/CHF Buy 1 1.2040 Stop: 1.2029 Limit: 0.0000
Description: Increase lot of usd/ chf

GBP/USD close the trade

11:40:22 GMT: Close Signal

GBP/USD Sell 1 2.0286 Stop: 2.0331 Limit: 2.0220 Close: 2.0331 (Close Price)

Profit: -45 pips

Two imortant news for USD for today

11:23:43 GMT:

Today (31 Jul.) We have 2 imortant news for USD at 1:30 pm (GMT) (Core PCE Price Index m/m and Personal Spending m/m). Now we have 2 position then I want all of you be online and wait at last 15 minutes before the news for new instructions
Good Luck

Posted by Love-Bread-Forex

Update Stop Loss value

09:37:13 GMT: Update Signal

USD/CHF Buy 1 1.2040 Stop: 1.2029 (New Value) Limit: 1.2080
Description: Trail Sl, set 1.2029 as SL
Good luck

New GBP/USD trade call

08:08:20 GMT: New Signal

GBP/USD Sell 1 2.0286 Stop: 2.0331 Limit: 2.0220

Order cancell

08:03:52 GMT: Cancel Order

GBP/USD Order Sell 1 2.0264 Stop: 2.0325 Limit: 0.0000

USD/CHF buy call

07:51:13 GMT: New Signal

USD/CHF Buy 1 1.2040 Stop: 1.2004 Limit: 1.2080

New trade alert

07:39:22 GMT: New Order

GBP/USD Order Sell 1 2.0264 Stop: 2.0325 Limit: 0.0000

Close GBP/USD

15:27:36 GMT: Close Signal

GBP/USD Sell 1 2.0260 Stop:2.0295 Limit: 2.0210 Close: 2.0240 (Close Price)

Profit: +20 pips

May be we will close the position sooner than it hit Take Profit

14:00:01 GMT:

We have a support at 2.0240 I am wating that price pass the: 2.0240 else maybe we will close position sooner than TP

Posted by Love-Bread-Forex

New sell call

12:56:06 GMT: New Signal

GBP/USD Sell 1 2.0260 Stop: 2.0295 Limit: 2.0210

Important news for USD

10:57:56 GMT:

For this week we have important news for USD (regard: Nonfarm Employment Change) and then all of my attempt is to trade more carfully. and try to make sure pips

Posted by Love-Bread-Forex

GFsignals last week review

Last week 10 of our forex signals providers closed with profit.

The most profitable one is Pedroforexsignals: +295 pips profit. And we had two new forex signals providers earned profit last week as well, Love-Bread-Forex and Hex.

Love-Bread-Forex made +114 pips for the last week with 6 signals. All of his trades were profitable and were made by 1 lot. No one open position left for the next week. We will post all of his signals in real-time in our blog during this week.

Hex made +185 pips profit for the last week, but by 7 lots. So, after re-count his result amounts to +37 pips per lot. He sent 5 signals, all of them were profitable and all of them were closed hitting TP value calculated by trader. It is his 6th profitable week in a row. Average profit is +144 pips/week. Currently he has no one position open.

We have renewed the Forex Signals performance page

We have received considerable feedback concerning to our forex signals providing service from our subscribers and we are always happy to receive any feedback because it helps us to understand what we can do better and what we are doing right.
And one of the requests was to add to our forex signals performance page the statistic concerning to one lot trade for each forex trader.

So, from now on at our performance pages: Forex Signals Service, Forex Signals Performance Page you may find the next column at the stats tables:
"Pips/Lot" which shows the total amount of pips gained by the forex trader for the week divided by the maximum number of the simultaneously opened him lots. For example if the whole profit of the forex trader for a week amounts to 400 pips but is made with 20 lots, his result in this column will equal 400/20, i.e. 20 pips.

USD/JPY Daily Forex technical

13:05 GMT:

Current level is 119.60. Our downside target is 118.60 which points both the 61.8 Fibo retracement of the 115.16 - 124.15 range and also coincides with the rising trendline support from the May 2006 low of 108.99. Though taking in account the current oversold state of the market, it must not be ruled out retracements to the upside. Resistance levels for today are at 120.80 and then 121.14. Support levels are 119.47 and then 118.60.

USD/JPY remains below Ichimoku Cloud bottom

11:12 GMT:

USD/JPY keeps on trading below Ichimoku Cloud bottom at Y120.68. Major buy orders are still at the high region and then at Y119.80/50. Traders point at the strong support level at Y119.66/62.

Two new forex trading strategies are added to our service

Since July 23, 2007
we have got two more forex signals providers offering their forex trading alerts at our service: Hex and Love-Bread-Forex.

Hex: the strategy is based on technical & fundamental analysis, trading mostly with more than 1 lot. But all of the trades are winning. Last week result: +180 pips profit with 5 signals, no one losing.

Love-Bread-Forex: 99% of his signals are orders and all positions have SL (trailing) and TP. Sometimes closes positions before hitting Limit value attending to market conditions. Last week result: +81 pips profit with 4 signals, just one is losing.

More details on the forex signals performance page.

View on USD/JPY: Expectations make the Yen stronger

July 23, 2007 - July 27, 2007

View on USD/JPY: Expectations make the Yen stronger.

+1025 pips - this is the trading result our forex signals providers made for the last week.
More details at our web-site: Forex Signals Service .

Last week our second script was fulfilled (50%): Correction fluctuations in the range of 121.00-122.60. The pair respected the ranges last week though shortly fell to a new correction low to 120.85 on Friday. It can potentially be USD/JPY bearish and the Yen consolidation in the nearest future.

Script 1 (60%): A further decline to the 119.00- 120.00 region.
It is very likely the deeper decline/consolidation below 121.00 level, which was achieved at the last week. The first decline target is the 119.00-120.00 region where the downtrend channel lower line.

Script 2 (30%): Correction fluctuations in the range of 121.00-122.60.
The correction may stay in the current range achieved, just trading sideways within the 121.00 - 122.60 area. The 121.00-shape level region achieved comes out as the main support for now, and resistance then is the downtrend channel upper line projection.

Script 3 (10%): A rising up to the 123.00 level.
The broken trend line which was already classically tested by the up going rebound is a little bit higher than the 123.00-shape. It must not be ruled out the short term upside movement to the projection mentioned (in case the 121-shape wouldn't be broken down). But after that a further decline and the first script fulfilling is very possible.

Resistances

122.40/60 - two last weeks' resistance region.
123.00 - March's trend broken - key resistance projection.
123.60 - July's high.
124.15 - June's high - longstanding high.

Supports

121.00 - the current fluctuations local horizontal support.
119.80 - the downtrend channel upper margin.
118.00 - the uptrend from May's 2006 low.
116.20 - the uptrend expected line from 2005 low.

The most important secret that can lead you to profit

15:23:06 GMT:

Dear Friends
As the week is about to end in couple of hours. We are very proud of you because recent Data shows that we have 92 Traders on board subscribed to our service and +111 pips of sweat profits that is not too good but not too bad.
Also we will definatly very happy to bring you such trading signals in coming weeks. Hopefully, we are quit confident about the way of trading that we shared with you in last month.
Just remember that the most important secret that can lead you to profit is to stay calm and just doing what the trading system say.
Take care and see you next week.

Posted by IFTC

USD/JPY close the trade

14:20:27 GMT: Close Signal

USD/JPY Sell 1 121.65 Stop:122.67 Limit:121.50 Close:121.50(Close Price) Profit:+15 pips

Total win for this week: +111 pips

USD/JPY limit update

14:19:40 GMT: Update Signal

USD/JPY Sell 1 121.65 Stop:122.67 Limit:121.50(New Value)

AUD/USD cancel order

14:01:23 GMT: Cancel Order

AUD/USD Order Buy 1 0.8765 Stop:0.8700 Limit:0.8820

EUR/USD closed

13:57:24 GMT: Close Signal

EUR/USD Buy 1 1.3785 Stop:1.3750 Limit:1.3820 Close:1.3803(Close Price) Profit:+0 pips

Total win for this week: +96 pips

EUR/USD is closed with profit

13:02:25 GMT: Close Signal

EUR/USD Buy 1 1.3785 Stop:1.3750 Limit:1.3820 Close:1.3803(Close Price) Profit:+18 pips

Total win for this week: +96 pips

USD/CHF is closed

12:12:10 GMT: Close Signal

USD/CHF Sell 1 1.2035 Stop:1.2100 Limit:1.2000 Close:1.2035(Close Price) Profit:0 pips

Total win for this week: +78 pips

Entry points, Stop and Profit Limit values, BUY and SELL signals FOR FREE

This has never happened before! The second free forex signals week in a row!

From July 23 till July 27, 2007
You may receive Buy/Sell alerts, Stop Loss points and Target levels from our forex trader Pedroforexsignals for the whole this week for free.

Pedroforexsignals has been sending his forex trading alerts for Global Forex Signals for 44 weeks already and his total profit for that time amounts to +2114 pips.
Currency trading: GBP/JPY, GBP/CHF, GBP/USD, EUR/JPY, EUR/CAD, EUR/USD, USD/CHF, USD/JPY, USD/CAD, NZD/USD AUD/USD, AUD/JPY

More details at our Free Forex Signals page.

EUR/USD buy

09:20:50 GMT: New Signal

EUR/USD Buy 1 1.3785 Stop:1.3750 Limit:1.3820

New order AUD/USD buy

07:40:19 GMT: New Order

AUD/USD Order Buy 1 0.8765 Stop:0.8700 Limit:0.8820

New trade USD/CHF Sell

06:02:08 GMT: New Signal

USD/CHF Sell 1 1.2035 Stop:1.2100 Limit:1.2000

Close USD/CAD

12:47:01 GMT: Close Signal

USD/CAD Sell 1 1.0455 Stop:1.0505 Limit:1.0405 Close:1.0415(Close Price) Profit:+40 pips

Total win for this week: +78 pips

Bearish trend on 1H USD/CAD chart

11:35:17 GMT:

On 1H USD/CAD chart, AB=CD is forming. Point AB=CD has formed at target 1.0405. Barish trend is starting at Point C at 1.0464.

Posted by Iftc

Butterfly On 1H EUR/USD chart

08:11:56 GMT:

On 1H EUR/USD chart, AB=CD (Butterfly) is forming. Point AB=CD has formed at target 1.3849. Bullish trend is starting at Point C at 1.3785.

Posted by Iftc

New USD/CAD trade

06:30:21 GMT: New Signal

USD/CAD Sell 1 1.0455 Stop:1.0505 Limit:1.0405

USD/JPY update limit value

14:43:41 GMT: Update Signal

USD/JPY Sell 1 121.65 Stop:122.67 Limit:121.25(New Value)

AUD/USD is closed with profit

14:32:00 GMT: Close Signal

AUD/USD Buy 1 0.8755 Stop:0.8735 Limit:0.8815 Close:0.8785(Close Price) Profit:+30 pips

Total win for this week: +38 pips

Stop to non-loss

12:28:54 GMT: Update Signal

AUD/USD Buy 1 0.8755 Stop:0.8735(New Value) Limit:0.8815

New AUD/USD buy signal

11:29:15 GMT: New Signal

AUD/USD Buy 1 0.8755 Stop:0.8655 Limit:0.8815

Another loss

11:01:23 GMT: Close Signal

USD/CAD Sell 1 1.0423 Stop:1.0502 Limit:1.0387 Close:1.0460(Close Price) Profit:-37 pips

Total win for this week: +8 pips

USD/CAD update Stop Loss value

09:32:53 GMT: Update Signal

USD/CAD Sell 1 1.0423 Stop:1.0502(New Value)

GARTLI on 1H USD/JPY chart

06:45:38 GMT:

On 1H USD/JPY chart fibo pattern GARTLI is forming, and it's target at 121.08, and ab-cd point at 121.36 has formed. If you take short position, sure target is at 121.36.

Posted by Iftc

New trades USD/CAD USD/JPY sell

06:38:44 GMT: New Signal
USD/CAD Sell 1 1.0423 Stop:1.0457 Limit:1.0387

06:39:29 GMT: New Signal
USD/JPY Sell 1 121.65 Stop:122.67 Limit:121.10

GBP/CHF closed with profit

00:49:28 GMT: Close Signal

GBP/CHF Sell 1 2.4606 Stop:2.4656 Limit:2.4566 Close:2.4566(Close Price) Profit:+40 pips

Update for GBP/CHF profit

15:00:34 GMT: Update Signal Value

GBP/CHF Sell 1 2.4606 Stop:2.4656 Limit:2.4566(New Value)

Order canceled

14:02:49 GMT:

Cancel Order GBP/USD: Order Sell 1 2.0489 Stop:0.0000 Limit:0.0000

The first loss

15:39:17 GMT:

Close Signal: GBP/JPY Sell 1 249.71 Stop:250.30 Limit:249.31 Close:250.33(Close Price) Profit: -62 pips

USD/JPY: March uptrend is broken down

July 16, 2007 - July 20, 2007

View on USD/JPY: March uptrend is broken down

+ 4940 pips - this is the trading result our forex signals providers made for the last week.
More details at our web-site: Forex Signals Service.

The Dollar's broad decline was steepest against the Yen last week. After that USD/JPY was up 0.52% to 122.60 after touching 121.00 low. We saw a classical testing of the broken trend line.

Last week our third script was fulfilled (10%): A downward trend with a break out of 122.20 level.

Script 1 (40%): A further decline touching the 120 shape region.
Technically we watch a breakout of the March uptrend line what tell us about the first signal of the uptrend slowing down and/or turning up. The further correction and decline below 121.00 is very possible. The first target decline is 118.00-120.00 region.

Script 2 (50%): Correction fluctuations in the range of 121.00-122.60.
The correction may stay in the current range achieved, just trading sideways within the 121.00 - 122.60 area. The 121.00 level achieved comes out as a support now, and resistance then is a local last week rebound at 122.60 where the March trend line breakout as well.

Script 3 (10%): A rising up to the 123 level.
The broken trend line which was already classically tested by the up going rebound is at 122.90 level area. It must not be ruled out the short rising to the projection mentioned. But after that a further decline and the first script fulfilling is very possible.

Resistances

122.60 - March trend line breakout level.
123.00 - March upward trend - key resistance projection.
123.60 - Two last weeks' resistance.
124.15 - June maximum.

Supports

121.00 - Last week support achieved.
120.80 - June and May horizontal support lines.
119.50 - May local support.
117.60 - April local support.

Downtrend On 1H GBP/CHF chart

11:34:22 GMT:

On (1H) GBP/CHF chart a "triangle" formation has formed & a Down trend recognized after price line overcame the up trend line, but, considering to upcoming fundamental events that would probably support GBP, we still prefer to wait for stronger signals to confirm a downtrend.

Posted by Iftc

EUR/USD

10:53:08 GMT:

Main reason for drop EUR/USD despite of week German\'s data, was forming triangle pattern in 1 hour time frame. But despite of weak dollar this trend isn't consolidation trend. Posted by Iftc

New orders GBP/JPY GBP/CHF sell

10:24:14 GMT: New Order
GBP/JPY Order Sell 1 249.71 Stop:0.0000 Limit:0.0000

10:25:25 GMT: New Order
GBP/CHF Order Sell 1 2.4606 Stop:0.0000 Limit:0.0000

10:29:02 GMT: Update Order Value
GBP/JPY Order Sell 1 249.71 Stop:250.15 (New Value) Limit:249.31 (New Value)

10:31:49 GMT: Update Order Value
GBP/CHF Order Sell 1 2.4606 Stop:2.4656 (New Value) Limit:2.4556 (New Value)

New order GBP/USD Sell

09:39:13 GMT:

New Order
GBP/USD Order Sell 1 2.0489 Stop:0.0000 Limit:0.0000

EUR/USD, GBP/USD Close signals

08:35:32 Close Signal:
GBP/USD Buy 1 2.0350: Close:2.0415(Close Price) Profit: +65 pips

09:02:44 Close Signal:
EUR/USD Buy 1 1.3775: Close:1.3777(Close Price) Profit: +2 pips

AUD/USD order cancel

07:16:25 GMT:

Cancel Order AUD/USD: Order Buy 1 0.8700 Stop:0.8650 Limit:0.8760

GBP/USD is going up

15:50:51 GMT:

The Rising Wedge pattern is about to form on 1H for GBP/USD the trend into a up trend after opposite reaction to the trend line so we are looking to this situation as a bulish formation but we think that this pattern may change and reform so it beter to be aware owal wait for strongest signals to enter to an other trade or change our stop loss to to entry point

Posted by Iftc

AUD/USD Order Buy

13:10:20 GMT

AUD/USD Order Buy 1 0.8700 Stop:0.8650 Limit:0.8760

USD is still on a downtrend

10:27:52 GMT:

We still see USD on a downtrend. so, we recommend to keep your positions running, while we will wait till the market react to the comming events & also we assume a tiny possibility of trend reversal in short term. stay calm and trade relax

Posted by Iftc

US dollar still characterized by its great vulnerability

09:10:38 GMT:

last week and despite it was poor of major fundamentals, the market broke some major levels, recorded some new levels, and the movement was massive, this week, the news are lined up on the queue, and the U.S. dollar still characterized by its great vulnerability. The major news this week will talk about the fed's major predominant concern which is inflation, as we are going to start by the PPI figures, and afterwards CPI on the U.S, economy, the expectations are for both to witness some good improvements, easing inflation, which might lead to further expectations for a rate cut, and accordingly some more dollar weaknesses. From the other hand, and after the release of those important figures, Mr. Bernanke will testify on monetary policy before house panel on Thursday, maybe to set things right again, and again assure investors that everything is going fine, and get the dollar back some of its losses. While during the week, the U.S. Federal Reserve Bank and the Bank of England will announce their Minutes from their last meetings. More dollar weakness is expected unless the news revealed a different story, the possibility of a correction is also on the table, so keep yours eyes wide open for the trend of the market

Posted by Iftc

Two new trading signals from Iftc

07:42 (GMT)

EUR/USD Buy 1 1.3775 Stop:1.3745 Limit:1.3830
GBP/USD Buy 1 2.0350 Stop:2.0300 Limit:2.0450

Special trade signal offer

Free Forex signals from July 16 till July 20, 2007

Our new forex signals provider Iftc offers a free week of his signals for trading Forex. You will receive Buy/Sell alerts, Stop Loss points and Target levels for the whole week for free.

Iftc's result for the last week:

Currency trading: EUR/USD,AUD/USD, GBP/USD,GBP/JPY, EUR/JPY,USD/CHF, USD/JPY,NZD/USD, GBPCAD,EUR/GBP, USD/CAD,GBP/CHF, CHF/JPY,EUR/CAD EUR/NZD
Total pips: +70 pips
Total Signals: 6

More details at our Free Forex Signals page.

View on USD/JPY: keeps on balancing

July 09, 2007 - July 13, 2007

View on USD/JPY: keeps on balancing

weekly forecast for USD/JPY

USD/JPY seems to slow down at its rising. Last week we were watching the correction continued developing with up to 122.10 level decline and testing the March trend line. Nevertheless the pair was not able to consolidate below the 123-shape. An upward trend is still holding and we do not except the further rising.

Script 1 (40%): A further rising hitting the 125-shape area.
Technically we keep on watching the March upward march, which trend line was tested in June as well as at the previous week and currently lies at the 122.30 level area. It is very likely to expect its further rising hitting the 125-shape area the next week. Target is at 125.00/80 (the local 2002 year maximums).

Script 2 (50%): Correction in the range of 122.30-124.15.
Current rising may stay at the area achieved with side exchange fluctuations within the 122.20 - 124.15 range. The broken in June resistance region at 122.10/20 & trend line at 122.30 run out as the key support. So, it is necessary a huge bears power to break it down which is not enough so far.

Script 3 (10%): A downward trend with a break out of 122.20 level.
It must not be ruled out the further correction decline below the key support at 122.10/30. In this case March trend line will be broken out and it will be the first signal for the current trend turning back. The first downward target then will be the 118.00-120.00 region.

Resistances

123.60 - two last week resistances.
124.15 - June maximum.
125.00/80 - target of rising expected.
125.80 - 2002 year local maximum.

Supports

122.30/50 - March current rising trend line - key support.
122.10 - last week support achieved (ex-resistance).
120.80 - June and May horizontal support lines.
118.20 - one of the decline targets in case of trend line breaking out.

Forex trading support/resistance levels for the major currency pairs

USD/JPY	123.41. Our preferred view is for a drift down to 123.19 or below 122.98. Resistances is at 123.36. A rise above 123.64 would delay but not abort this expected fall.
USD/CHF	1.2167. It should be subject to more weakness towards 1.215. After which a correction to above 1.2189 is anticipated. A break of 1.2132 is bearish.
GBP/USD	2.0153. Current rise seems to be over near 2.0162 or 2.0183 for a retracement towards 2.0141 - 2.0126 area.
EUR/USD	1.3626. A correction down to 1.3611or lower is now expected from 1.3625 or 1.3632. A break above 1.3653 is needed to to turn bullish

Resistance levels:
USD/JPY: Y123.60, Y124.10, Y125.30
USD/CHF: Chf1.2200, Chf1.2260, Chf1.2340
GBP/USD: $2.0170, $2.0200, $2.0260
EUR/USD: $1.3640, $1.3680, $1.3720

Support levels:
USD/JPY: Y123.20, Y122.80, Y122.50
USD/CHF: Chf1.2100, Chf1.2020, Chf1.2000
GBP/USD: $2.0120, $2.0080, $2.0000
EUR/USD: $1.3600, $1.3530, $1.3480

Economic calendar for today, Tuesday 10 July 2007

06:00 Germany Wholesale prices (June) M/M 0.3%
06:00 Germany Wholesale prices (June) Y/Y 2.4%
06:45 France Industrial production (May) M/M -0.8%
06:45 France Industrial production (May) Y/Y 1.7%
08:00 Italy Industrial production (May) adjusted M/M -0.8%
08:00 Italy Industrial production (May) Y/Y adjusted 0.8%
08:30 UK Trade in goods (May), bln -6.3
08:30 UK Non-EU trade (May), bln -3.9
14:00 US Wholesale inventories (May) 0.4% 0.3%
23:50 JPN Corporate goods price index (CGPI) (June) domestic 0.5%
23:50 JPN Corporate goods price index (CGPI) (June) domestic Y/Y 2.2%

four new forex signals providers are currently tested at our service

Since July, the 2nd four new forex trading systems have being tested at our service. Their trading results for the previous week you can see at our forex signals performance section.

Alice (+97 pips last week profit): a short-term strategy - most of the trades are executed within the daily trading session. Usually uses market orders with stop loss and take profit limits.

Ronaldo_FX (+82 pips last week profit): mainly prefers fast trades, daily trades, but also works on long term trades which are considered more safely and accurately.

Love-Bread-Forex (+82 pips last week profit): all positions have stop loss (usually trailing) and take profit limits, 99% of signals are market orders.

Iftc (+70 pips last week profit): the strategy is based on correction & support-resistance situations; should have the 150-250 pips profit.

Forex trading support/resistance levels for the major currency pairs

USD/JPY	123.38. A correction down to 122.97 folowed buy a mouve up to 123.47 or 123.67. A break above 123.96 would accelerate this bullish move.
USD/CHF	1.2181. Resistances lie around 1.2207 and 1.2263. It should test lower towards 1.2151 zone. A clear break of 1.2148 would be bearish.
GBP/USD	2.0112. Market should hold major support at 2.0050 before rising towards 2.0149 or even 2.0187 limit.
EUR/USD	1.3624. It should be subject to more sell off towards 1.3581 or 1.3538. Corrective upward swings should face resistance around 1.3663 area. A break of 1.3669 is bullish.

Resistance levels:
USD/JPY: Y123.80, Y124.10, Y124.50
USD/CHF: Chf1.2200, Chf1.2240, Chf1.2340
GBP/USD: $2.0130, $2.0200, $2.0260
EUR/USD: $1.3645, $1.3680, $1.3740

Support levels:
USD/JPY: Y123.30, Y122.80, Y122.50
USD/CHF: Chf1.2100, Chf1.2020, Chf1.2000
GBP/USD: $2.0080, $2.0000, $1.9930
EUR/USD: $1.3580, $1.3530, $1.3480

Economic calendar for today, Monday 09 July 2007

06:00 Germany Current account (May) unadjusted, bln 9.3 9.6
06:00 Germany Trade balance (May) unadjusted, bln 15.5 15.0
08:30 UK PPI (Output) (June) unadjusted 0.4%
08:30 UK PPI (Output) (June) unadjusted Y/Y 2.5%
08:30 UK PPI Output ex FDT (June) adjusted 0.0%
08:30 UK PPI Output ex FDT (June) unadjusted Y/Y 2.4%
08:30 UK PPI (Input) (June) adjusted 0.4%
08:30 UK PPI (Input) (June) unadjusted Y/Y 1.2%
10:00 Germany Industrial production (May) adjusted M/M 2.3% -2.3%
10:00 Germany Industrial production (May) adjusted Y/Y 4.8% 3.7%
10:00 Germany Industrial production (May) unadjusted Y/Y 7.2%
19:00 US Consumer credit (May), bln +7.0 +2.6

Forex trading support/resistance levels for the major currency pairs

USD/JPY	122.95. Market looks set for gains towards 123.20 or above in extension. Dips should find support at 122.76 - 122.64 zone.
USD/CHF	1.2173. Corrective dips should ideally halt near 1.2158 or 1.2137 for one more thrust upwards towards 1.2186 - 1.2214 area or 1.2256 in extention. Fall below 1.2116 puts it back on a downward path.
GBP/USD	2.0116. Current fall seems to be over near 2.0103 or 2.007 for a rebound towards 2.0136 - 2.0159 area.
EUR/USD	1.3599. While below 1.3589 - 1.3612 it might drop to 1.3565 or below 1.3531 zone.

Resistance levels:
USD/JPY: Y123.00, Y123.80, Y124.10
USD/CHF: Chf1.2200, Chf1.2240, Chf1.2340
GBP/USD: $2.0130, $2.0200, $2.0260
EUR/USD: $1.3620, $1.3680, $1.3740

Support levels:
USD/JPY: Y122.30, Y121.20, Y120.70
USD/CHF: Chf1.2100, Chf1.2020, Chf1.2000
GBP/USD: $2.0080, $2.0000, $1.9930
EUR/USD: $1.3580, $1.3530, $1.3480

Economic calendar for today, Friday 06 July 2007

08:30 UK Manufacturing output May Y/Y 0,6% 1,3%
08:30 UK Manufacturing output May M/M 0,3% 0,3%
08:30 UK Industrial production May Y/Y 0,3% 0,4%
08:30 UK Industrial production May M/M 0,3% 0,3%
10:00 Germany Manufacturing orders unadjusted, May Y/Y 8,4%
10:00 Germany Manufacturing orders adjusted May M/M 0,6% -1,2%
12:30 US Average workweek June 33,8 33,9
12:30 US Average hourly earnings June 0,4% 0,3%
12:30 US Unemployment rate June 4,5% 4,5%
12:30 US Nonfarm payrolls June 135K 157K

Excerpt from: Forex signals

GBP/USD hit 2.0096. So, those who were trading with us took profit:

Nikray's trade signals:

Sell GBP/USD 1 lot 2007-07-02 - 10:32:31 at 2.0114, close: 2007-07-05 - 14:42:05 at 2.0096, profit: +18 pips
Sell GBP/USD 1 lot 2007-07-05 - 11:32:27 at 2.0190, close: 2007-07-05 - 14:42:11 at 2.0096, profit: +94 pips

Excerpt from: Forex signals

Some of our traders have closed their orders for sell GBP/USD and opened new positions for buy at the level 2.0150/60 with target at 2.0340/60.

Orders board

EUR
Buy orders: $1.3605/95, $1.3585/70, $1.3555/45
Sell orders: $1.3620/30, $1.3640/50, $1.3675/85, $1.3690/00
JPY
Buy orders: Y122.20, Y122.00, Y121.60
Sell orders: Y123.00/10
GBP
Buy orders: $2.0135/30, $2.0100
Sell orders: $2.0170/80, $2.0205/20

Forex trading support/resistance levels for the major currency pairs

USD/JPY	122.71. It should trade higher to 122.88 while 122.54 or 122.46 offers support. Stop loss below 122.38 zone.
USD/CHF	1.2164. It should find support in 1.2150 - 1.2137 area for a rally to 1.2183. Unexpected fall below 1.2137 will dent this bullish view.
GBP/USD	2.0164. Our preferred outlook is for a drift down to 2.0141 or below 2.0118. Resistances are at 2.0164 and 2.0174. A rise above 2.0197 would delay but not abort this expected fall.
EUR/USD	1.3613. Our preferred outlook is for a drift down to 1.3602 or below 1.3592. Resistances are at 1.3613 and 1.3617. A rise above 1.3627 would delay but not abort this expected fall.

Resistance levels:
USD/JPY: Y122.80, Y123.10, Y124.10
USD/CHF: Chf1.2180, Chf1.2240, Chf1.2340
GBP/USD: $2.0180, $2.0200, $2.0260
EUR/USD: $1.3630, $1.3650, $1.3680

Support levels:
USD/JPY: Y122.30, Y121.20, Y120.70
USD/CHF: Chf1.2090, Chf1.2020, Chf1.2000
GBP/USD: $2.0130, $2.0100, $1.9950
EUR/USD: $1.3580, $1.3530, $1.3480

Daily History for July, 04 2007

Currency	High	Low	Close
EUR/USD	1.3629	1.3605	1.3612
USD/JPY	122.69	122.20	122.59
GBP/USD	2.0205	2.0150	2.0166
USD/CHF	1.2172	1.2144	1.2168
EUR/JPY	167.06	166.34	166.88
EUR/GBP	0.6757	0.6741	0.6748
GBP/JPY	247.39	246.58	247.24
GBP/CHF	2.4551	2.4501	2.4540

Economic calendar for today, Thursday 05 July 2007

05:00 JPN Coincident indicators preliminary May 65,0
05:00 JPN Leading indicators preliminary May 18,2
07:00 UK Halifax house price index June Y/Y 10,9% 10,6%
07:00 UK Halifax house price index June M/M 0,7% 0,3%
11:00 UK BOE Rate Announcement
11:45 EZ ECB Announces Interest Rates
12:30 US Jobless claims week before 30.06 315K 313K
12:30 EZ Trichet press conference (ECB)
14:00 US ISM services index June 59,7
20:30 US M2 money supply 25.06, bln +20,8

Excerpt from: Forex signals

Our traders expect GBP/USD to fall. They sent signals to open positions GBP/USD for Sell at the level 2.0110/70 with target at 1.9900/40.

Forex trading support/resistance levels for the major currency pairs

USD/JPY	122.41. Is expected to fall lower than 121.88. Entry sell point are at 122.58 or 122.72 . Stop loss above 122.72.
USD/CHF	1.2151. It should test 1.2205 area after which a sell off down to 1.2107 or extended to 1.2055 area is expected.
GBP/USD	2.0176. Decline should be supported around 2.0129 - 2.0100 zone for rally to above 2.0226. A clear break of 2.0100 will damage this expected rally.
EUR/USD	1.3614. Decline should be supported around 1.3583 - 1.3559 zone for rally to above 1.3659. A clear break of 1.3559 will damage this expected rally.

Resistance levels:
USD/JPY: Y122.80, Y123.50, Y124.10
USD/CHF: Chf1.2180, Chf1.2300, Chf1.2340
GBP/USD: $2.0180, $2.0200, $2.0260
EUR/USD: $1.3630, $1.3650, $1.3680

Support levels:
USD/JPY: Y122.10, Y121.20, Y120.70
USD/CHF: Chf1.2080, Chf1.2020, Chf1.2000
GBP/USD: $2.0130, $2.0070, $1.9950
EUR/USD: $1.3580, $1.3520, $1.3480

Daily History for July, 03 2007

Currency	High	Low	Close
EUR/USD	1.3633	1.3582	1.3607
USD/JPY	122.66	122.12	122.41
GBP/USD	2.0193	2.0131	2.0165
USD/CHF	1.2176	1.2090	1.2156
EUR/JPY	167.16	166.23	166.61
EUR/GBP	0.6755	0.6741	0.6746
GBP/JPY	247.57	246.22	246.89
GBP/CHF	2.4535	2.4401	2.4516

Economic calendar for today, Wednesday 04 July 2007

US markets will close Wednesday, July 4th, to mark Independence Day.
07:45 Italy PMI services June 56,5
07:50 France PMI services June 57,9
07:55 Germany PMI services seasonally adjusted June 58,0 57,5
08:00 EZ PMI services June 58,3 57,3
08:30 UK CIPS services index June 57,2 57,2
09:00 EZ Retail sales adjusted May Y/Y 1,6% 1,6%
09:00 EZ Retail sales adjusted May M/M -0,2% 0,2%

Forex trading support/resistance levels for the major currency pairs

USD/JPY	123.23. Our preferred outlook is for a drift down to 123.03 or below 122.84. Resistances are at 123.23 and 123.30. A rise above 123.49 would delay but not abort this expected fall.
USD/CHF	1.2219. There is bearish potential for a fall to 1.2179 while 1.2256 - 1.2277 resist. After this fall a recovery up to 1.2277 or 1.2297 is expected.
GBP/USD	2.0066. Uptrend is still intact in a triangle configuration. It should continue to rally to 2.0093 or 2.0115 if support around 2.0051 hold. After which a pullback to 2.0051 - 2.0039 zone is possible.
EUR/USD	1.3529. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3545 or 1.3610 if support around 1.3500 hold. After which a pullback to 1.3500 - 1.3480 zone is possible.

Resistance levels:
USD/JPY: Y123.50, Y124.10, Y124.80
USD/CHF: Chf1.2230, Chf1.2300, Chf1.2340
GBP/USD: $2.0130, $2.0180, $2.0260
EUR/USD: $1.3550, $1.3600, $1.3680

Support levels:
USD/JPY: Y122.10, Y121.20, Y121.30
USD/CHF: Chf1.2200, Chf1.2140, Chf1.2080
GBP/USD: $2.0010, $1.9950, $1.9870
EUR/USD: $1.3520, $1.3480, $1.3440

Daily History for June, 29 2007

Currency	High	Low	Close
EUR/USD	1.3538	1.3429	1.3533
USD/JPY	123.53	122.95	123.10
GBP/USD	2.0083	2.009	2.0080
USD/CHF	1.2332	1.2208	1.2212
EUR/JPY	166.90	165.45	166.62
EUR/GBP	0.6747	0.6706	0.6738
GBP/JPY	247.78	246.46	247.20
GBP/CHF	2.4688	2.4500	2.4522

Economic calendar for today, Monday 02 July 2007

07:45 Italy PMI (June) - 55.0
07:50 France PMI (June) - 54.3
07:55 Germany PMI (June) seasonally adjusted 56.4 56.1
08:00 EZ PMI (June) 55.4 55.0
08:30 UK CIPS manufacturing index (June) 54.7 54.9
14:00 US ISM index (June) 55.5 55.0

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