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  • GBP/USD Pivot Analysis Week of 04/23/07ƒ|ƒ“ƒh/ƒhƒ‹‚̃sƒ{}TŠÔ"‚Ì•ª—Þ‚Ì‚½‚߂̡T‚̃sƒ{}i 11ŒŽ/ 12ŒŽj‚ÍA•½‹Ï‚Å‘‰Á‚·‚é206500 B‚¤‚©‚ª‚í11ŒŽ‚Ì}‚É‚æ‚邯AƒAƒiƒŠƒXƒg‚Íð”N12ŒŽA 2ŒŽ‚Ì—\‘z•½‹Ï‚Í207500‚³‚ꂽ‚à‚̂ƂȂÁ‚½B

    In addition, I think using November and December for determining future job growth is short sighted.  Yes, the retail industry does more hiring during the months of November and December but for other industries, more hiring occurs during the new year once budgets are solidified. ‚Ü‚½A«—ˆ‚̌ٗp‚Ì‘‰Á‚ÆŽv‚¤‚©‚ðŒˆ‚ß‚é‚½‚ß‚É11ŒŽ‚Æ12ŒŽ‚ðŽg—p‚µ‚Ä’Z‚¢–ÚŒ‚‚³‚ê‚Ä‚¢‚Ü‚·B‚Í‚¢A¬”„‹ÆŠE‚Í‚à‚Á‚ƌٗp‚ð11ŒŽ‚Æ12ŒŽ‚͈ê“x—\ŽZ‚ð‹ÃŒÅ‚³‚ê‚Ä‚¢‚鑼‚ÌŽY‹Æ‚Ì‚½‚ßA‚æ‚葽‚­‚̌ٗp‚ª”­¶‚·‚é‚Ì‚ÍAV”N“x’†‚É‚ÍAŠúŠÔ’†B

    Looking at the EUR/USD, the pair was pushed up to the Daily 200 EMA.  On the weekly, the pair has hit resistance at the 100 EMA.   The USD/CHF shows similar behavior.‚ÍAƒ†[ƒ/ƒhƒ‹‚ðŒ©‚é‚ÆA 2l‚Í–ˆ“ú200 EMA‚̂ɉŸ‚³‚ꂽB 100 EMA‚̂łÍAT1‰ñ‚ÅA 2l‚̓qƒbƒg‚µ‚Ä‚¢‚é’ïR‚ÅAƒhƒ‹/ƒXƒCƒXƒtƒ‰ƒ““¯—l‚Ì‹““®‚ðŽ¦‚µ‚Ä‚¢‚Ü‚·B

    I think these levels were hit a lot quicker than expected in 2006.  The technicals were showing that these levels would be hit in the next 3 months but not before a retrace.   Now this is strictly my opinion but I really see a retrace this week for the USD.  Ifll probably go long on the USD with stops above/below the key EMA.  I wouldnft expect more than a .382 or .500 fibonacci retrace before consolidation.Ž„‚Í2006”N‚É—\‘z‚æ‚è‚à‘‚­A‚±‚ê‚ç‚̃Œƒxƒ‹A‘½‚­‚̃qƒbƒg‚¾‚Á‚½‚ÆŽv‚¤BƒeƒNƒjƒJƒ‹‚ÍA‚±‚ê‚ç‚̃Œƒxƒ‹‚ÍŽŸ‚Ì3ƒJŒŽŠÔ‚ł͂Ȃ­A‹A‚·‚é‘O‚ÉŒ©•‘‚í‚ê‚邯•\ަ‚³‚ꂽB‚³‚ÄA‚±‚ÌŒµ–§‚ÉŽ„‚̈ӌ©‚¾‚ªA–{}ƒCƒiƒXB

    Last night, this pair moved 150 pips in a very short period of time.  I was chatting online with a currency trader in Japan who says this is all he trades.  He states that he does well by trading the long side during Asian session and short side during London session.  I donft know how true this is or a lot of people would be doing it.  I would be interested though in finding out how close to the truth this is.ð“ú‚Ì–éA‚±‚̃yƒA‚ÌŽžŠÔ‚ð”ñí‚É’Z‚¢ŠúŠÔ‚Å150ƒsƒbƒvˆÚ“®‚µ‚Ü‚µ‚½BŽ„‚Í“ú–{}‘"> My Forex BooksŽ„‚ÌŠOˆ×}‘

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