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  1. Current CAD Trading Plans

    by , 01-23-2013 at 10:31 PM
    USD/CAD – D1 up trend in place set buy alarm at 1.0045, target area is 1.0200-1.0300

    EUR/CAD – strong up trend in place set buy alarm at 1.3315, target area is around 1.3900

    NZD/CAD – strong up trend in place set buy alarm at 0.8425, overall potential is up to the 0.9000 area.

    When the price alarms hit verify any entries in the main session with The Forex Heatmap® and look for CAD weakness or cross currency strength or both upon entry.

    Good Trading
    Mark Mc Donnell
    Spot Forex Trading Plans And Live
    Entry Signals For 28 Currency Pairs
    $19.95 per month

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  2. EURUSD stays in a trading range

    by , 01-23-2013 at 10:09 PM (Free Forex Market Analysis)
    EURUSD stays in a trading range between 1.3256 and 1.3403. As long as 1.3256 support holds, the price action in the range is treated as consolidation of the uptrend from 1.2998 and another rise towards 1.3500 is still possible after consolidation. Only break below 1.3256 will indicate that lengthier consolidation of the longer term uptrend from 1.2661 (Nov 13, 2012 low) is underway, then deeper decline to 1.3150-1.3200 area could be seen.

    Daily Forex Forecast

    by , 01-23-2013 at 08:01 PM (The Daily Forecaster)
    [B]BIAS[/B]: There is still room for further 1.3260-1.3385 range trading though I expect a break lower at some point

    [B]Resistance[/B]:... 1.3323........ 1.3344-55... 1.3372-84... 1.3403
    [B]Support[/B]:........ 1.3290-85... 1.3256........ 1.3220........ 1.3188

    [B]MAIN ANALYSIS[/B]: Sideways, up-a-bit… down-a-bit… and it could continue. If I have my preference develop then it will be for a push up to 1.3372-84… back down to just above current levels… a smaller pullback higher and then lower. However, I'd settle for a direct break below 1.3256-66 and for losses that look as if they could get to the 1.3158-88 area. Could losses get to 1.3110-35? It would make me grit my teeth but it's not totally ...
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  4. EUR/USD Forecast 23 Jan 13

    by , 01-23-2013 at 10:26 AM
    Simultaneous Release at [URL=""]Learn Forex Trading[/URL] and read exclusive [URL=""]EUR/USD Forecast[/URL] and [URL=""]AUD/USD Forecast[/URL] Reviews.

    Good day forex traders.

    In the previous EUR/USD forecast we noted that the bearish and bullish targets are 1.3280 and 1.3400 respectively. Any sustained trend would need to see either target taken out.

    [I]EUR/USD chart[/I]

    Looking at the EUR/USD 4 hourly chart above we do note that the forecast was correct. The currency pair remains bounded by the support of 1.3280 and resistance of 1.3400. I love it when my charts work! Ha! My forecast ...
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