FXstreet.com

Daily FX Trade Analysis

This report has been deactivated

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USDJPY targeting 91.20

Thu, Nov 5 2009, 22:22 GMT
by Mark Ryan Zeidus

Z2FX


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NZDUSD looking to test 0.7100 again

Tue, Nov 3 2009, 20:39 GMT
by Mark Ryan Zeidus

Z2FX


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EURUSD

Sun, Nov 1 2009, 17:28 GMT
by Mark Ryan Zeidus

Z2FX


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EURUSD heading below 1.4600

Wed, Oct 28 2009, 18:40 GMT
by Mark Ryan Zeidus

Z2FX


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USDCHF

Sun, Oct 18 2009, 20:55 GMT
by Mark Ryan Zeidus

Z2FX


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EURUSD looking to resume trend after retracement

Sun, Oct 11 2009, 21:25 GMT
by Mark Ryan Zeidus

Z2FX


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EURUSD looking for 1.4800level

Tue, Oct 6 2009, 18:37 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD (1.4712)

EURUSD seems to be settling into a nice upward trend and current
target seems around 1.4830 level. Traders will look to buy EURUSD on
dip below 1.4700 level.

Recommended Trade:

Entry 1: Buy EURUSD @ 1.4665
Entry 2: Buy EURUSD @ 1.4575
Stop: 1.4525
Profit 1: 1.4765
Profit 2: 1.4830

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EURUSD might stay in short range

Tue, Sep 29 2009, 20:35 GMT
by Mark Ryan Zeidus

Z2FX


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EURUSD looking towards 1.4500 level.

Thu, Sep 24 2009, 21:56 GMT
by Mark Ryan Zeidus

Z2FX


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GBPUSD

Sun, Sep 20 2009, 19:04 GMT
by Mark Ryan Zeidus

Z2FX


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EURUSD testing 1.4700 level

Tue, Sep 15 2009, 20:19 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD is moving nicely in upward trend and took a very nice retracement. It seems to continue its upward trend and we might see it taking out 1.4700 level soon. Currently trades will look to buy EURUSD around 1.4630 level. RSI is at 71 and seems to have more than enough space for EURUSD to move above 1.4700 level.

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.4630

Trade 2: Buy EURUSD @ 1.4550

Stop: 1.4500

Profit Target 1: 1.4700

Profit Target 1: 1.4750

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GBPUSD looking to test 1.6200 level.

Thu, Sep 3 2009, 22:45 GMT
by Mark Ryan Zeidus

Z2FX


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USDJPY looking to continue its downward momentum.

Sun, Aug 30 2009, 22:31 GMT
by Zubair Ali Khan

Z2FX


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USDCHF setting to challenge 1.0550 level

Thu, Aug 27 2009, 21:15 GMT
by Mark Ryan Zeidus

Z2FX


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USDCAD looking to continue below 1.0800

Sun, Aug 23 2009, 20:55 GMT
by Mark Ryan Zeidus

Z2FX


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USDJPY moving towards 93.00

Thu, Aug 20 2009, 21:16 GMT
by Mark Ryan Zeidus

Z2FX


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AUDUSD heading towards 0.8100 level

Mon, Aug 17 2009, 20:58 GMT
by Mark Ryan Zeidus

Z2FX


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GBPUSD

Tue, Jul 14 2009, 20:48 GMT
by Mark Ryan Zeidus

Z2FX


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EURUSD

Sun, Jul 12 2009, 21:40 GMT
by Mark Ryan Zeidus

Z2FX


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EURUSD moving towards 1.4115 level.

Thu, Jul 9 2009, 22:27 GMT
by Mark Ryan Zeidus

Z2FX


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USDCAD looking towards 1.1700 level

Sun, Jul 5 2009, 22:39 GMT
by Mark Ryan Zeidus

Z2FX


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NZDUSD looking to target below 0.6200

Thu, Jul 2 2009, 22:25 GMT
by Mark Ryan Zeidus

Z2FX


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Daily FX Trade Analysis

Wed, Jul 1 2009, 22:38 GMT
by Zubair Ali Khan

Z2FX


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Daily FX Trade Analysis

Mon, Jun 29 2009, 05:24 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.3992)

EURUSD seems currently trapped between 1.4100 and 1.3900 levels. Sooner or
later it seems to break above 1.4100 level, therefore traders will look to
buy EURUSD around 1.3900 level for a nice intra-day trade.

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.3910
Trade 2: Buy EURUSD @ 1.3825
Stop: 1.3780
Profit Target 1: 1.4010
Profit Target 2: 1.4100

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Daily FX Trade Analysis

Mon, Jun 22 2009, 04:46 GMT
by Mark Ryan Zeidus

Z2FX


NZDUSD
(0.6438)

NZDUSD is steadily moving in an upward trend and it seems to stay that way
during this week as well. Currently traders might wait to let NZDUSD some
retrace and then buy it initially around 0.6365 level and if retracement
is extended, the positions can be averaged by a second entry around 0.6245
level. The initial target will be above 0.6450 level.

Recommended Trade Levels

Trade 1:        Buy NZDUSD @ 0.6365
Trade 2:        Buy NZDUSD @ 0.6245
Stop:   0.6200
Profit Target 1:        0.6465
Profit Target 2:        0.6565

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Daily FX Trade Analysis

Mon, Jun 15 2009, 06:23 GMT
by Mark Ryan Zeidus

Z2FX


USDJPY
(98.41)

USDJPY is gradually moving towards 99.00 level. Currently traders with
small stop and small profit target will have lots of opportunities.
Currently a good trade can be seen around 97.70 level.

Recommended Trade Levels

Trade 1: Buy USDJPY @ 97.70
Stop: 97.30
Profit Target 1: 98.50
Profit Target 2: 98.85

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Daily FX Trade Analysis

Tue, Jun 9 2009, 09:08 GMT
by Mark Ryan Zeidus

Z2FX


USDJPY
(98.84)

USDJPY is moving towards it target at 98.80 and break of that important
level will set up scenario for target at 101.30 level. Currently traders
will look to buy USDJPY around 98.25 level and if required, it can be
averaged out around 97.60 level.

Recommended Trade Levels

Trade 1: Buy USDJPY @ 98.25
Trade 2: Buy USDJPY @ 97.60
Stop: 97.10
Profit Target 1: 99.25
Profit Target 2: 99.75

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Daily FX Trade Analysis

Sat, Jun 6 2009, 04:06 GMT
by Mark Ryan Zeidus

Z2FX


USDJPY
(96.81)

USDJPY is moving towards it target at 97.60 and break of that important
level will set up scenario for target at 100.00 level. Currently traders
will look to buy USDJPY around 96.10 level for a nice intra-day trade.

Recommended Trade Levels

Trade:    Buy USDJPY @ 96.10
Stop: 95.75
Profit Target: 96.75

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Daily FX Trade Analysis

Tue, Jun 2 2009, 10:52 GMT
by Mark Ryan Zeidus

Z2FX


USDCHF
(1.0673)

USDCHF is moving in a nice downward trend and USDCHF seems to gather
momentum during this week. Currently traders will look to sell USDCHF
around 1.0800 level for initial target at 1.0650 which can be further
extended to 1.0550 level.

Recommended Trade Levels

Trade 1: Sell USDCHF @ 1.0800
Trade 2: Sell USDCHF @ 1.0925
Stop: 1.0975
Profit Target 1: 1.0650
Profit Target 2: 1.0550

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Daily FX Trade Analysis

Wed, May 27 2009, 03:33 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.4016)

EURUSD is around an important level (1.4000). So far EURUSD has not been
able to break that level and thus we should expect it to take a dip below
1.3900 level. If the dip extends further below 1.3800 level, more
averaging opportunities will arise around 1.3750 level.

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.3880
Trade 2: Buy EURUSD @ 1.3760
Stop: 1.3700
Profit Target 1: 1.4030
Profit Target 2: 1.4130

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Daily FX Trade Analysis

Thu, May 21 2009, 09:38 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.3769)

EURUSD took a good rise above 1.3800 level and its next target is now at
1.4000 level. But before doing so, we might see a dip by EURUSD and mostly
traders will look to buy on those dips to 1.3600 level.

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.3600
Trade 2: Buy EURUSD @ 1.3500
Stop: 1.3450
Profit Target 1: 1.3800
Profit Target 2: 1.3900

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Daily FX Trade Analysis

Mon, May 18 2009, 03:42 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.3495)

EURUSD is looking to extend its retracement towards 1.3350 level and from
there it willl look to break above 1.3600 level

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.3340
Trade 2: Buy EURUSD @ 1.3240
Stop: 1.3180
Profit Target 1: 1.3480
Profit Target 2: 1.3600

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Daily FX Trade Analysis

Fri, May 15 2009, 06:49 GMT
by Mark Ryan Zeidus

Z2FX


USDJPY
(95.49)

USDJPY took a good dip during this week and for the time being, it will be
looking to take reasonable retracement. Traders will look to sell USDJPY
around 96.25 and if the retracement is extended above 97.00 level, then
another sell around 97.30 is possible to average out both trades.

Recommended Trade Levels

Trade 1: Sell USDJPY @ 96.25
Trade 2: Sell USDJPY @ 97.30
Stop: 98.40
Profit Target 1: 95.25
Profit Target 2: 94.25

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Daily FX Trade Analysis

Mon, May 11 2009, 03:20 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.3632)

EURUSD has broken into a nice upward trend and is looking to break 1.3750
level during this week but before doing so we might see retracement
towards 1.3500 level and that will be the level traders will be looking to
buy EURUSD.

Recommended Trade Levels

Trade 1: Buy EURUSD @ 1.3500
Trade 2: Buy EURUSD @ 1.3360
Stop: 1.3300
Profit Target 1: 1.3700
Profit Target 2: 1.3750

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Daily FX Trade Analysis

Sat, May 2 2009, 19:11 GMT
by Mark Ryan Zeidus

Z2FX


Next update on May 11, 09

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Daily FX Trade Analysis

Thu, Apr 23 2009, 05:16 GMT
by Mark Ryan Zeidus

Z2FX


USDJPY
(98.70)

USDJPY is moving in a nice downward trend and looking to gradually take a
dip below 97.00 level. Currently selling around 98.80 seems a good trade
for initial target at 97.50 which can be further extended to 96.80 level

Recommended Trade Levels

Trade: Sell USDJPY @ 98.80
Stop: 99.30
Profit Target 1: 97.50
Profit Target 2: 96.80

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Daily FX Trade Analysis

Mon, Apr 20 2009, 06:38 GMT
by Mark Ryan Zeidus

Z2FX


NZDUSD
(0.5656)

NZDUSD is moving in a nice downward trend and looking to continue below
0.5600 level. Currently selling for anything above 0.5700 seems a good
opportunity.

Recommended Trade Levels

Trade 1: Sell NZDUSD @ 0.5720
Trade 2: Sell NZDUSD @ 0.5795
Stop: 0.5855
Profit Target 1: 0.5620
Profit Target 2: 0.5560

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Daily FX Trade Analysis

Fri, Apr 17 2009, 05:07 GMT
by Mark Ryan Zeidus

Z2FX


USDCHF
(1.1465)

USDCHF is moving in a nice upward trend and gave some very good trades
this week for traders aimming at intra-day targets. Currently a good
buying level can be seen around 1.1415 for target above 1.1500 level. We
might see USDCHF taking a dip from 1.1550 level and close this week around
1.1500 level.

Recommended Trade Levels

Trade 1: Buy USDCHF @ 1.1415
Trade 2: Buy USDCHF @ 1.1315
Stop: 1.1265
Profit Target 1: 1.1515
Profit Target 2: 1.1550

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Daily FX Trade Analysis

Wed, Apr 15 2009, 08:37 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.3175)

EURUSD is currently looking to target 1.3000 at the moment but before
doing so, we might see EURUSD rising to 1.3275 level and traders will look
to sell EURUSD around that level for initial target at 1.3160 level

Recommended Trade Levels

Trade 1: Sell EURUSD @ 1.3275
Trade 2: Sell EURUSD @ 1.3410
Stop: 1.3450
Profit Target 1: 1.3160
Profit Target 2: 1.3075

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Daily FX Trade Analysis

Tue, Apr 7 2009, 04:26 GMT
by Mark Ryan Zeidus

Z2FX


USDJPY
(100.26)

USDJPY is looking to target 100.50 level and we might see it taking a dip
below 100 level. Currently traders will look to buy USDJPY around 99.80
level for initial target around 101.00 level.

Recommended Trade Levels

Trade 1: Buy USDJPY @ 99.80
Trade 2: Buy USDJPY @ 98.50
Stop: 97.50
Profit Target 1: 101.00
Profit Target 2: 101.50

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Daily FX Trade Analysis

Mon, Mar 30 2009, 09:30 GMT
by Mark Ryan Zeidus

Z2FX


GBPUSD
(1.4250)

GBPUSD is currently looking to target 1.4200 level and break of that will
set 1.3800 as next target which can be further extended. Traders will look
to sell GBPUSD around 1.4290 level and if GBPUSD move above 1.4400 level,
another good sell can be seen around 1.4450 for initial targets around
1.4150 level.

Recommended Trade Levels

Trade 1: Sell GBPUSD @ 1.4290
Trade 2: Sell GBPUSD @ 1.4450
Stop: 1.4500
Profit Target 1: 1.4150
Profit Target 2: 1.4030

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Daily FX Trade Analysis

Thu, Mar 26 2009, 05:03 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.3582)

EURUSD seems to set itself up for a nice move below 1.3400 level and
traders will look to sell it for anything above 1.3600 level. Even the
long term traders will look to sell EURUSD and once it break below 1.3400
level, we will see them aimming for a quick move towards 1.4050 level.

Recommended Trade Levels

Trade 1: Sell EURUSD @ 1.3620
Trade 2: Sell EURUSD @ 1.3730
Stop: 1.3900
Profit Target 1: 1.3420
Profit Target 2: 1.3080

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Daily FX Trade Analysis

Fri, Mar 20 2009, 04:10 GMT
by Mark Ryan Zeidus

Z2FX


GBPUSD
(1.4499)

GBPUSD took good rise towards 1.4600 level and traders will now look to
buy GBPUSD on dips for retracements. The first entry level can be seen
around 1.4360 and if GBPUSD takes more dip, then it can be further
averaged out by buying again around 1.4130 level. It seems that GBPUSD is
looking to touch 1.4650 level

Recommended Trade Levels

Trade 1: Buy GBPUSD @ 1.4360
Trade 2: Buy GBPUSD @ 1.4130
Profit Target 1: 1.4560
Profit Target 2: 1.4660

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Daily FX Trade Analysis

Tue, Mar 17 2009, 05:41 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.2929)

EURUSD is looking to target 1.3050 at the moment and traders will look to buy EURUSD on dips below 1.2900 level. Initial target seems around 1.3000 level and from there we might see long term traders looking to sell EURUSD.

Recommended Trade Levels

Trade:  Buy EURUSD @ 1.2865
Profit Target 1:        1.2995
Profit Target 2:        1.3040

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Daily FX Trade Analysis

Wed, Mar 11 2009, 04:17 GMT
by Mark Ryan Zeidus

Z2FX


USDJPY
(98.80)

USDJPY is moving nicely towards 100 level and on its way, it is proving
nice intra-day trades. Currently traders will look to buy it around 98.00
level for initial target around 99.00 level. RSI is a bit high at 69 in
daily charts but seems to have more than enough space for USDJPY to make a
move towards 100.00 level.

Recommended Trade Levels

Trade: Buy USDJPY @ 98.00
Stop: 97.50
Profit Target 1: 99.00
Profit Target 2: 99.50

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Daily FX Trade Analysis

Fri, Mar 6 2009, 04:11 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.2544)

EURUSD is moving nicely in its downward trend and seems to continue in
next week as well. But before that an upward retracement is expected and
agressive traders will look to buy EURUSD around 1.2500 level to capture
that move. Other traders might just sit back and wait it to complete its
retracement.

Recommended Trade Levels

Trade: Buy EURUSD @ 1.2510
Stop: 1.2460
Profit Target 1: 1.2610
Profit Target 2: 1.2720

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Daily FX Trade Analysis

Mon, Mar 2 2009, 04:16 GMT
by Mark Ryan Zeidus

Z2FX


USDCHF
(1.1699)

USDCHF seems to be gradually moving towards 1.1850 level but at the same
time it is providing good entries for traders looking to target intra-day
trades. Currently a good buy can be seen around 1.1640 level for another
intra-day trade.

Recommended Trade Levels

Trade: Buy USDCHF @ 1.1640
Stop: 1.1595
Profit Target 1: 1.1740
Profit Target 2: 1.1850

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Daily FX Trade Analysis

Thu, Feb 26 2009, 03:55 GMT
by Mark Ryan Zeidus

Z2FX


GBPUSD
(1.4200)

All major currencies are not clearly breaking into any direction at the
moment. Therefore only trades with small targets are seen.
GBPUSD took a dip below 1.4200 level and we might see it taking out 1.4100
level but before that it might take some retracement towards 1.4400 level
and selling around that level seems a good trade. If GBPUSD manages to
break 1.4100 level, then we should expect sharp selling from GBPUSD.

Recommended Trade Levels

Trade: Sell GBPUSD @ 1.4390
Stop: 1.4440
Profit Target 1: 1.4290
Profit Target 2: 1.4190

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Daily FX Trade Analysis

Tue, Feb 24 2009, 05:15 GMT
by Mark Ryan Zeidus

Z2FX


GBPUSD
(1.4569)

GBPUSD seems to stay between 1.4400 and 1.4600 level and traders will look
to focus around those levels. A good buying level can be seen around
1.4370 level foe a nice move above 1.4550 level. The trade can be averaged
out if GBPUSD takes a dip towards 1.4250 level.


Recommended Trade Levels

Trade 1: Buy GBPUSD @ 1.4370
Trade 2: Buy GBPUSD @ 1.4250
Stop: 1.4200
Profit Target 1: 1.4550
Profit Target 2: 1.4650

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Daily FX Trade Analysis

Thu, Feb 19 2009, 05:10 GMT
by Mark Ryan Zeidus

Z2FX


GBPUSD
(1.4215)

GBPUSD is looking to target 1.4050 level. Currently traders will look to
sell GBPUSD around 1.4270 for initial target around 1.4125 level.


Recommended Trade Levels

Trade: Sell GBPUSD @ 1.4270
Stop: 1.4320
Profit Target 1: 1.4125
Profit Target 2: 1.4050

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Daily FX Trade Analysis

Mon, Feb 16 2009, 13:13 GMT
by Mark Ryan Zeidus

Z2FX


USDJPY
(91.85)

USDJPY seems to have settled in a nice upward trend and therefore traders
will be focused on buying USDJPY during this week. Currently buying around
91.00 seems a good entry for USDJPY for target around 92.25


Recommended Trade Levels

Trade: Buy USDJPY @ 90.95
Stop: 90.45
Profit Target: 92.25

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Daily FX Trade Analysis

Thu, Feb 12 2009, 05:47 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.2896)

EURUSD seemed to be getting into a sideways trend for next couple of days
and this will provide traders with opportunity to trade for short profits.
Currently a buying opportunity can be seen around 1.2855 level for a
decent intra-day trade.


Recommended Trade Levels

Trade: Buy EURUSD @ 1.2855
Stop: 1.2800
Profit Target 1: 1.2945
Profit Target 2: 1.3000

0

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Daily FX Trade Analysis

Tue, Feb 10 2009, 04:47 GMT
by Mark Ryan Zeidus

Z2FX


GBPUSD
(1.4890)

GBPUSD is looking to target 1.5000 level at the moment and traders will
look to buy GBPUSD on dip around 1.4800 level. If the dip is extended
towards 1.4650, averaging the first position will be a good option around
1.4650 level.


Recommended Trade Levels

Trade 1: Buy GBPUSD @ 1.4805
Trade 2: Buy GBPUSD @ 1.4650
Stop: 1.4550
Profit Target 1: 1.4900
Profit Target 2: 1.5000

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Daily FX Trade Analysis

Fri, Feb 6 2009, 09:18 GMT
by Mark Ryan Zeidus

Z2FX


GBPUSD
(1.4643)

GBPUSD is keeping its upward momentum going and it seems that it is
looking for another move above 1.4700 level. Traders will look to buy
GBPUSD around 1.4485 level for target above 1.4700 level.


Recommended Trade Levels

Trade 1: Buy GBPUSD @ 1.4485
Trade 2: Buy GBPUSD @ 1.4385
Stop: 1.4300
Profit Target 1: 1.4640
Profit Target 2: 1.4720

6

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Daily FX Trade Analysis

Tue, Feb 3 2009, 07:51 GMT
by Mark Ryan Zeidus

Z2FX


USDJPY
(89.48)

USDJPY seems to target 88.50 next and traders will look to sell USDJPY
around 89.85 level. RSI is at 44 in daily charts and don't seems to play
much part in USDJPY movement at the moment. Traders looking to target
larger profit will look to target 87.50 level.


Recommended Trade Levels

Trade: Sell USDJPY @ 89.85
Stop: 90.35
Profit Target 1: 88.85
Profit Target 2: 87.85

0

0

Daily FX Trade Analysis

Fri, Jan 30 2009, 05:42 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.2957)

EURUSD seemed to have completed its correction and has nicely settled back
into its downward trend. Primarily it is looking to target 1.2800 level
and after break of which EURUSD will look to touch 1.2600 level. Traders
will look to sell EURUSD around 1.3065 level.


Recommended Trade Levels

Trade: Sell EURUSD @ 1.3065
Stop: 1.3115
Profit Target 1: 1.2865
Profit Target 2: 1.2765

0

0

Daily FX Trade Analysis

Wed, Jan 28 2009, 12:56 GMT
by Mark Ryan Zeidus

Z2FX


USDCAD
(1.2270)

USDCAD is looking to target 1.2100 level at the moment and traders will
look to sell USDCAD on rise above 1.2300 level. Break of 1.2100 level will
take USDCAD towards 1.1900 level.


Recommended Trade Levels

Trade 1:        Sell USDCAD @ 1.2330
Trade 2:        Sell USDCAD @ 1.2430
Stop:           1.2500
Profit Target 1:        1.2150
Profit Target 2:        1.2000

6

1

Daily FX Trade Analysis

Mon, Jan 26 2009, 12:28 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.2985)

EURUSD is looking to set itself up for another move towards 1.2700 level
but we might see EURUSD tak9ng some retrace and rising above 1.3000 level
before that. Look to sell EURUSD on rising to 1.3065 level for initial
target at 1.2900 level.


Recommended Trade Levels

Trade: Sell EURUSD @ 1.3065
Stop: 1.3115
Profit Target 1: 1.2900
Profit Target 2: 1.2765

1

0

Daily FX Trade Analysis

Fri, Jan 23 2009, 06:18 GMT
by Mark Ryan Zeidus

Z2FX


USDJPY
(88.82)

USDJPY is looking to set itself up for another move towards 87.00 level
but we might see some retracement by USDJPY before that. Traders will look
to sell USDJPY on rising to 89.80 level for initial target at 88.60 level.


Recommended Trade Levels

Trade: Sell USDJPY @ 89.80
Stop: 90.30
Profit Target 1: 88.60
Profit Target 2: 87.50

0

0

Daily FX Trade Analysis

Mon, Jan 19 2009, 04:28 GMT
by Mark Ryan Zeidus

Z2FX


GBPUSD
(1.4745)

GBPUSD is looking to target 1.5000 level but there will be number of
traders who might hold back and let GBPUSD get settled in its trend. Few
traders might look to buy GBPUSD around 1.4660 level for initial target at
1.4820.


Recommended Trade Levels

Trade: Buy GBPUSD @ 1.4660
Stop: 1.4600
Profit Target 1: 1.4820
Profit Target 2: 1.4920

0

0

Daily FX Trade Analysis

Thu, Jan 15 2009, 05:35 GMT
by Mark Ryan Zeidus

Z2FX


USDJPY
(89.04)

USDJPY is moving nicely in its downward trend and seems to stay that way
for for next couple of days.

Traders will look to sell USDJPY around 89.80 for initial target of 100 pips.


Recommended Trade Levels

Trade: Sell USDJPY @ 89.80
Stop: 90.30
Profit Target 1: 88.80
Profit Target 2: 88.35

0

0

Daily FX Trade Analysis

Mon, Jan 12 2009, 04:43 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.3429)

EURUSD is gradually settling in its downward trend and is looking to
tatget 1.3150 level. Currently a good sell is seen around 1.3625 level for
target around 1.3425 level which could then be extended to 1.3225.




Recommended Trade Levels

Trade: Sell EURUSD @ 1.3625
Stop: 1.3675
Profit Target 1: 1.3425
Profit Target 2: 1.3225

5

1

Daily FX Trade Analysis

Mon, Jan 5 2009, 05:28 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.3725)

EURUSD is gradually moving in its upward trend and is giving intra-day
traders some good trades with short range profit targets. Currently a good
buy is seen around 1.3625 level for target around 1.3825 level. Larger
profit target might not come into play during this trade as we might see
EURUSDstaying below 1.3900 level.




Recommended Trade Levels

Trade: Buy EURUSD @ 1.3625
Stop: 1.3575
Profit Target 1: 1.3725
Profit Target 2: 1.3825

7

0

Daily FX Trade Analysis

Thu, Jan 1 2009, 04:16 GMT
by Mark Ryan Zeidus

Z2FX


NZDUSD
(0.5836)

NZDUSD is being traded in short range at the moment and this is providing
good opportunities for tarders with short profit targets.

Currently traders will look to buy NZDUSD around 0.5770 level for initial
target at 0.5840 level which can be extended to 0.5870 level.



Recommended Trade Levels
Trade: Buy NZDUSD @ 0.5770
Stop: 0.5735
Profit Target 1: 0.5840
Profit Target 2: 0.5870

0

0

Daily FX Trade Analysis

Tue, Dec 30 2008, 05:34 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.3954)

EURUSD is being traded in short range mainly due to low volume and this
short range might stay for next few days as well.

Currently traders will look to sell EURUSD around 1.4122 level for initial
target at 1.3822 level which can be extended to 1.3722 level.



Recommended Trade Levels
Trade: Sell EURUSD @ 1.4122
Stop: 1.4222
Profit Target 1: 1.3822
Profit Target 2: 1.3722

4

0

Daily FX Trade Analysis

Mon, Dec 22 2008, 04:57 GMT
by Mark Ryan Zeidus

Z2FX


Due to Holidays, the next alert will be published on Jan. 1, 2009.

0

0

Daily FX Trade Analysis

Fri, Dec 19 2008, 05:41 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD

(1.4270)

EURUSD is currently taking retracement and seems to set itself up to
resume its upward trend very shortly.

Traders will look to buy EURUSD around 1.4075 level for initial target at
1.4300 level.

The position can be averaged out if the dip extends to 1.3970 level.


Recommended Trade Levels
Trade 1: Buy EURUSD @ 1.4075
Trade 2: Buy EURUSD @ 1.3970
Profit Target 1: 1.4300
Profit Target 2: 1.4475

4

0

Daily FX Trade Analysis

Tue, Dec 16 2008, 04:58 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.3697)

EURUSD is currently looking to target 1.3870 level and from there it m9ght
take a little correction.

Traders will look to capture on opportunity by buying EURUSD on dips below
1.3600 level for initial target at 1.3700 level.

The position can be averaged out if the dip extends to 1.3475 level.


Recommended Trade Levels
Trade 1: Buy EURUSD @ 1.3580
Trade 2: Buy EURUSD @ 1.3475
Profit Target 1: 1.3700
Profit Target 2: 1.3855

0

0

Daily FX Trade Analysis

Fri, Dec 12 2008, 04:18 GMT
by Mark Ryan Zeidus

Z2FX


GBPUSD
(1.5022)

GBPUSD has moved above 1.5000 level and seems to continue towards 1.5200
level. But it seems that it might take a dip before doing so.

Traders will look to capture on opportunity by buying GBPUSD on dips to
1.4900 level for initial target at 1.5050 level.

The position can be averaged out if the dip extends to 1.4800 level. The
RSI is at 46 in daily charts and thus seems to have more than enough space
to break 1.2600 level.


Recommended Trade Levels
Trade 1: Buy GBPUSD @ 1.4900
Trade 2: Buy GBPUSD @ 1.4800
Profit Target 1: 1.5050
Profit Target 2: 1.5230

4

0

Daily FX Trade Analysis

Tue, Dec 2 2008, 04:17 GMT
by Mark Ryan Zeidus

Z2FX


Daily alerts will be back after the weekend

EURUSD looking to target below 1.2400 level‏


EURUSD

EURUSD has moved back nicely into its dowward trend and this trend seems to extend well below 1.2400 level. RSI in daily charts is also above 43 and have very much space for EURUSD to move below 1.2400 level.

Currently a good selling can be seen at 1.2685 for intial target at 1.2560 level which most traders will look to extend to 1.2400 level.

In case EURUSD rise to 1.2800 level, the second sell at 1.2800 to average both positions will be a very good opportunity.


Recommended Trade Levels
Trade 1: Sell EURUSD @ 1.2685
Trade 2: Sell EURUSD @ 1.2800
Profit Target 1: 1.2560
Profit Target 2: 1.2400

3

0

Daily FX Trade Analysis

Mon, Dec 1 2008, 04:41 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.2700)

EURUSD has moved back nicely into its dowward trend and this trend seems to extend well towards 1.2400 level. RSI in daily charts is also above 44 and have very much space for EURUSD to move towards 1.2400 level.

Currently a good selling can be seen at 1.2800 for intial target at 1.2650 level.

In case EURUSD rise above 1.2900 level, the second sell at 1.2925 to average both positions will be a very good opportunity.


Recommended Trade Levels
Trade 1: Sell EURUSD @ 1.2800
Trade 2: Sell EURUSD @ 1.2925
Profit Target 1: 1.2650
Profit Target 2: 1.2560

5

0

Daily FX Trade Analysis

Fri, Nov 28 2008, 07:22 GMT
by Mark Ryan Zeidus

Z2FX


GBPUSD
(1.5405)

GBPUSD is currently looking to extend its move towards 1.5700 level, therefore traders will look to buy GBPUSD on dips.

Currently a good buying level can be seen at 1.5360 level and buying around that level for initial target around 1.5473 level seems a good entry. The profit level can be further extended towards 1.5700 level.

In case GBPUSD takes a deeper dip below 1.5200 level, the position can be averaged at 1.5160


Recommended Trade Levels
Trade 1:        BUY GBPUSD @ 1.5360
Trade 2:        BUY GBPUSD @ 1.5160
Profit Target 1:        1.5473
Profit Target 2:        1.5700

0

0

Daily FX Trade Analysis

Thu, Nov 27 2008, 13:03 GMT
by Mark Ryan Zeidus

Z2FX


GBPUSD
(1.5326)

GBPUSD is currently looking to extend its move towards 1.5700 level, therefore traders will look to buy GBPUSD on dips.

Currently a good buying level can be seen at 1.5263 level and buying around that level for initial target around 1.5473 level seems a good entry. The profit level can be further extended towards 1.5700 level.

In case GBPUSD takes a deeper dip below 1.5200 level, the position can be averaged at 1.5160


Recommended Trade Levels
Trade 1: BUY GBPUSD @ 1.5263
Trade 2: BUY GBPUSD @ 1.5160
Profit Target 1: 1.5473
Profit Target 2: 1.5700

0

0

Daily FX Trade Analysis

Mon, Nov 24 2008, 05:03 GMT
by Mark Ryan Zeidus

Z2FX


GBPUSD
(1.4866)

GBPUSD is being traded in sideways range for the last few days and is providing good trades for traders looking for intra-day trades.

Currently a good selling level can be seen at 1.4960 level and selling around that level for initial target around 1.4760 level seems a good entry. The profit level can be further extended towards 1.4650 level.




Recommended Trade Levels
Trade: Sell GBPUSD @ 1.4960
Profit Target 1: 1.4760
Profit Target 2: 1.4660

0

0

Daily FX Trade Analysis

Thu, Nov 20 2008, 04:59 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.2591)

EURUSD is moving nicely in its downward trend and is giving good selling opportunities as well.

Currently a good selling level can be seen at 1.2633 level and selling around that level for initial target around 1.2523 level seems a good entry. The profit level can be further extended towards 1.2400 level.

In case EURUSD moves above 1.2700 level, another averaging position can be entered at 1.2735


Recommended Trade Levels
Trade 1: Sell EURUSD @ 1.2633
Trade 2: Sell EURUSD @ 1.2735
Stop: 1.2835
Profit Target 1: 1.2523
Profit Target 2: 1.2400

0

0

Daily FX Trade Analysis

Mon, Nov 17 2008, 07:32 GMT
by Mark Ryan Zeidus

Z2FX


NZDUSD
(0.5574)

NZDUSD is moving smoothly in its downward trend and it seems it will break below 0.5500 earlier this week but before doing so we might see a short upward movement which will provide good selling opportunities for traders.

Currently a good selling level can be seen at 0.5677 level and selling around that level for initial target around 0.5600 level seems a good entry.




Recommended Trade Levels
Trade: Sell NZDUSD @ 0.5677
Stop: 0.5777
Profit Target 1: 0.5600
Profit Target 2: 0.5500

3

0

Daily FX Trade Analysis

Thu, Nov 13 2008, 05:30 GMT
by Mark Ryan Zeidus

Z2FX


EURUSD
(1.2491)

EURUSD is moving nicely in its downward trend and we can see EURUSD looking to target 1.2330 level.

Currently a good selling level can be seen at 1.2583 level and selling around that level for target around 1.2350 level seems a good entry.

If EURUSD moves above 1.2650, then selling a second entry at 1.2676 is suggested to average out both positions.


Recommended Trade Levels
Trade 1: Sell EURUSD @ 1.2583
Trade 2: Sell EURUSD @ 1.2676
Profit Target: 1.2350

0

0

GBPUSD

Wed, Nov 12 2008, 04:52 GMT
by Mark Ryan Zeidus

Z2FX


GBPUSD seems to settle back nicely into downward trend and we can see
GBPUSD looking to target below 1.5300 level.

Currently a good selling level can be seen at 1.5563 level and selling
around that level for initial target around 1.5400 level seems a good
entry and the profit limit can be further extended to 1.5260 level.

RSI is at 29 in daily charts thus have more than enough space to allow
GBPUSD to make a nice move below 1.5300 level.


Recommended Trade Levels
Trade:  Sell GBPUSD @ 1.5563
Profit Target 1:        1.5400
Profit Target 2:        1.5260

0

0

GBPUSD (1.6880)

Fri, Nov 7 2008, 10:54 GMT
by Mark Ryan Zeidus

Z2FX


GBPUSD is moving very nicely in hourly charts and intra-day traders will look to sell GBPUSD on some decent level. We might see GBPUSD taking some retracement from here and rising above 1.7150 level. A good selling level can be seen at 1.7162 and from there we might see GBPUSD taking a dip below 1.7000 before close of the day. RSI is also just above 26 and will open up on GBPUSD completing its retracement.

Trade: Sell GBPUSD @ 1.7162 with Stop at 1.7220 and Take profit at 1.6962


GBPUSD


Archive

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