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Sample Currency End Of Day Commentary

 

Daily U.S. Dollar, British Pound, Canadian Dollar, Swiss Franc and Euro FX market commentary with our opinion as to trending markets, support and resistance levels, if prices closed higher or lower from previous day and most important which futures and commodity markets are changing to bullish or bearish. 

 

If there is a change to bullish or bearish pay closer attention to that market to look for opportunities. This commentary is based ONLY on charts and technical analysis. 

 

December U.S. Dollar Index is trending down. Watch for support at 9135 and resistance at 9255. Changed to bearish on October 22nd. Changed to bullish on October 15th. Changed to bearish on October 10th. Changed to bullish on October 09th. Changed to bearish on October 06th. Changed to neutral on October 03rd. Changed to bearish on September 19th. 

 

December British Pound is trending up. Watch for support at 16750 and resistance at 16900. Change to bullish. Changed to neutral on October 21st. Changed to bullish on October 10th. Changed to bearish on October 08th. Changed to neutral on October 03rd. Changed to bullish on September 18th.  

 

December Canadian Dollar is trending up. Watch for support at 7565 and resistance at 765. Changed to bullish on October 01st. Changed to neutral on September 26th. Changed to bullish on September 24th. Changed to neutral on September 23rd.  

 

December Japanese Yen is not trending. Watch for support at 9070 and resistance at 9205. Changed to neutral on October 22nd. Changed to bearish on October 16th. Changed to neutral on October 15th. Changed to bullish on October 08th. Changed to neutral on September 30th. Changed to bullish on September 19th.  

 

December Swiss Franc could be starting to trend up. Watch for support at 7600 and resistance at 7675. Changed to bullish on October 22nd. Changed to bearish on October 15th. Changed to bullish on October 06th. Changed to bearish on October 03rd. Changed to bullish on September 19th.  

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Note: Futures, forex, stock, and options trading is not appropriate for all people. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guaranty or ensure no losses will occur. No representation or implication is being made that using this service, methodology or system will generate wins or prevent you from having losing trades.

 

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