Point and Figure for Forex. Any pair.Charts.

[MDunleavy]

I remain bearish on USD/CAD.
Details in this document (GOOGLE DOCS).
~~~>https://docs.google.com/document/pub?id=1uIik0Q8jn9v6jvFRfcSJ2GFGRygn-gRkXV5XbB7Wxfg&pli=1

 

[MDunleavy]

I turn bearish on Usd/Jpy. My Sell position at 84.921 SL 85.68 TP 83.21
Learn more...

 

[MDunleavy]

I sold a pound of 1.63026; SL 1.64226; TP 1.60626.
Further comments on the development of the situation will be here.
https://docs.google.com/document/pu...-1vwsygUUGs3krB4a1Q7iyA&pli=1#id.cqitah23wa3e

 

[MDunleavy]

DXY:The market remains under intense pressure with the price dropping to yet another fresh yearly and multi-month low below 73.00 thus far.

BJF Trading Group. Excel Chart. Full size.

 

[MDunleavy]

The USD/CAD rose this week, but fell short of closing above the all-important 0.97 area. This shows that the area is indeed significant, and could be a massive headwind for USD strength in this pair. Compounding this is the fact that there is a downtrend line that we are currently bumping up against. I remain bearish on USD/CAD.

The Canadian dollar doesn’t rely only on oil, but is more dependent on the US economy, which is gradually improving. In addition, the economy of Canada is doing great, especially with the recent impressing gain in jobs.

Full Coverage

 

[MDunleavy]

Forex - USD/CHF weekly outlook: May 30 - June 3
Forex Pros – The broadly stronger Swiss franc surged to a record high against the U.S. dollar on Friday, as a combination of concerns over the outlook for U.S. economic growth and euro zone sovereign debt issues weighed on risk sentiment....

BJF Trading Group. Excel Chart. Full size attached.

 

[MDunleavy]

EURUSD Forecast
The EURUSD failed to continued its bullish momentum yesterday after unable to stay above 1.4650 and found a support around 1.4550 which could be an important support at this phase. I am still in a bullish mode for this pair but something came up to my mind when looking to the hourly chart....

BJF Trading Group. Excel Chart. Full size. &PDF

 

[MDunleavy]

Headlines:
News flows and economic announcements are slow at the start of this week, and movement is likely to come from technical reactions to recent trade, rather than breaking headlines...

https://docs.google.com/document/pub?id=1fqx-sUKZqF5FCzJUFRnGwz6GSactFp1SPCwlWhzix8A#id.1wlhpdb82x3s
^^^ OR vvv
http://img853.imageshack.us/img853/9797/11jun132.pdf

 

[MDunleavy]

NZD/USD:The intense uptrend looks to have finally found some form of a cap after surging to fresh 26-year highs by 0.8300, with the market stalling out to alleviate immediate topside pressures.....Learn more....

~~~>iticsoftware.com/postimages2//201009/11Jun20.html
^^^ OR vvv
~~~>img69.imageshack.us/img69/1769/11jun20.pdf
^^^ OR vvv
~~~>docs.google.com/document/pub?id=1fqx-sUKZqF5FCzJUFRnGwz6GSactFp1SPCwlWhzix8A#id.4hss3l3l2qa1
^^^ OR vvv
A t t a c h m e n t

 

[MDunleavy]

Yen is weaker, having lost 0.6% against the USD and underperforming on most of the crosses. There were no fundamental releases as Japanese politics and decreasing support for Prime Minister Kan are the main focus. Still USD/JPY has been remarkably stable over the last two months, essentially range trading between 80 and 82.
Detail below.

~~~>iticsoftware.com/postimages2//201009/11Jun28.html
^^^ OR vvv
~~~>img171.imageshack.us/img171/4431/final11jun27.pdf
^^^ OR vvv
~~~>docs.google.com/document/pub?id=1fqx-sUKZqF5FCzJUFRnGwz6GSactFp1SPCwlWhzix8A#id.5xfkhpioyjci
^^^ OR vvv
A t t a c h m e n t