FOREX TRADE ALERT | FOREX SUMMERY REPORT for EUR
Forex Trade Alert
4xGenie Summary Report for EUR Currency Pairs
4th Wave Up Symbol: EUR/AUD As of Nov-13-2008
Buy at 1.9686 Stop at 1.8792 Limit at 2.0619 . Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!
Next Day Trading Range.. High: 1.9510 Low: 1.9340
Next Day Breakout Points High: 1.9621 Low: 1.9281
Price Projections……. 1st: 2.3464 2nd: 2.5354
2nd Wave Up Long Symbol: EUR/CAD As of Nov-13-2008
On Nov-12-2008 a candlestick formation confirmed a buy signal. A buy signal was also confirmed when this pair closed above 1.5345 on Nov-12-2008. 4xgenie Action: ==> Buy at 1.5499. Stop at 1.4944. Wave 3 could rise up to 1.5979 or to 1.6471. NOTE: A consolidation of price movement or a price correction may be underway.
Next Day Trading Range.. High: 1.5458 Low: 1.5363
Next Day Breakout Points High: 1.5514 Low: 1.5324
Price Projections……. 1st: 1.6475 2nd: 1.7104
2nd Wave Dn Short Symbol: EUR/CHF As of Nov-13-2008
On Nov-11-2008 a candlestick formation confirmed a sell signal. A sell signal was also confirmed when this currency pair below 1.4913 on Nov-13-2008. 4xGenie Action: ==> Sell at 1.4713. Stop at 1.5200. Wave 3 could drop down to 1.4420 or to 1.3852. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here!
Next Day Trading Range.. High: 1.4834 Low: 1.4787
Next Day Breakout Points High: 1.4855 Low: 1.4761
Price Projections……. 1st: 1.3852 2nd: 1.3350
1st Wave Up Symbol: EUR/GBP As of Nov-13-2008
Next Day Trading Range.. High: 0.8375 Low: 0.8334
Next Day Breakout Points High: 0.8400 Low: 0.8318
Price Projections……. 1st: 0.0000 2nd: 0.0000
A Wave Dn Symbol: EUR/JPY As of Nov-13-2008
Remain out of the market at the present time. QUARTERLY PIVOT ALERT: May be finding support here at the Quarterly S3. This bounce back above the support level of 118.1567 may lead us up to the Quarterly S2 ( support level 2).
Next Day Trading Range.. High: 119.9933 Low: 117.9833
Next Day Breakout Points High: 120.8667 Low: 116.8467
Price Projections……. 1st: 165.3300 2nd: 167.8874
C Wave Up Short Symbol: EUR/USD As of Nov-13-2008
Market is holding below the 1.3882 level. 4xGenie Action: ==> Maintain short position.
Or Sell at 1.2436. Limit at 1.2000 Price projection of 1.2711 has been reached. Stop at 1.3116. Today’s candlestick appears in the yellow shaded area of the chart. This reflects strong consolidation here! The CCI is below -100. This currency pair is oversold at this time.
Next Day Trading Range.. High: 1.2492 Low: 1.2443
Next Day Breakout Points High: 1.2516 Low: 1.2418
Price Projections……. 1st: 1.2711 2nd: 1.1892
4xGenie Support Team
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