EUR/USD & EUR/JPY at New lowest level

The asia session EURO seen weaker, EUR/JPY weakened around 75 point & EUR/USD weakened around 55 point of market opening. And this is the latest lowest level for EUR/JPY & EUR/USD  in this month, EUR/JPY at price 124.80 & EUR/USD at price 1.3910.

Yesterday I tell to you EUR/USD will up to 1.4100, and me there buy position at price 1.3984, and get about +40 pips, EUR/USD just touched at price 1.4050 and down again, because final data release indicators Core Durable Goods Orders m/m has just been released by the Census Bureau showed signals of progress was encouraging in the United States economy. Durable Goods Orders m / m reported experiencing a 0.9% decline in the previous which is expected to fall to 0.4% from 2.0%.

And now on the market EURO session, with the news release M3 Money Supply y/y and experienced improvement, observed EURO strong.

EUR/JPY & EUR/USD has oversell, will reverse, good moment to buy for long term.

EUR/USD Has Oversell

After the month of november 2009 EUR/USD at highest level, at price 1.5140 and today EUR/USD at new lowest level on january 2010, at price 1.3934

EUR/USD daily chart

EU-28 jan-10

Be careful, EUR/USD has oversell, good moment to reverse, good for buy, I think EUR/USD will up to 1.4100

And I tried buy EUR/USD @ 1.3984

GBP/USD down again & EUR/JPY at new lowest level

After news release the london session (Prelim GDP q/q), pound is weak agains. The technikal GBP/USD on H4, EMA 6 not cross EMA 36

GU-27 jan-10

If GBP/USD had exceeded the lowest level this week at 1.6075, so GBP/USD will be trying at price 1.6000.

Yesterday I was told to you about EUR/JPY, if can touched the lowest level at 126.52, so EUR/JPY will downtrend again, But now I don’t recommend selling EUR/JPY to you, because EJ already oversell.

EJ 27 jan 2010

Now EUR/JPY at new lowest level, at price 125.20

Signal EUR/JPY

Good moment for reverse, EUR/JPY will rebound, good timing to buy

BUY BUY EUR/JPY @ 126.20 TP 126.70, good SL 100 pip from entry position.

Status : closed at TP +50, good job

Signal Buy EUR/JPY again

Ok, Moment good for reverse

BUY BUY EUR/JPY @ 126.50 TP 127.00, good SL 100 pip from entry position.

Status : closed, not touch pending order huh…

EUR/JPY will reverse

EUR/JPY has touched lowest level, and will reverse.

BUY EUR/JPY @ 126.40 TP 127.00, good SL 100 pip from entry position.

Status : closed at TP +60, yep yep..

Disclaimer : Forex trading is a type of investment business is very promising with a very high yield, but it can not be separated from the high risk, can even spend your capital. all the risks in forex trading can be minimized by analysa and good knowledge, then, before you enter in foreign exchange trading business we recommend that you study in advance of this business to obtain a highly profitable trading system and profitable for you. for it is always wise with your capital, and be careful with the types of investments that you currently live.