Friday, November 19, 2010

Extreme levels for the day

09:55CET

The levels are based on 1hr charts and are only valid for the day. OB means overbought and OS means oversold. These levels are indication of possible turning points or at least levels where the prevailing trend might be halted, ideal for fast contra-trading. In my twitter page (twitter.com/ctainvestor) I update the levels as we go (as they are dynamics but basically what you see here is more or less what stands for the day unless dramatic moves are seen). Also, if you open an account with investors-europe.com, you can get my technical help there as well.

EUR/USD - extreme OB 1.3754 - extreme OS 1.3522 - we are close to OB
GBP/USD - extreme OB 1.6140 - extreme OS 1.5924
USD/JPY - extreme OB 83.997 - extreme OS 82.905
USD/CHF - extreme OB 1.0032 - extreme OS 0.9860 - moving close to OS
AUD/USD - extreme OB 0.9976 - extreme OS 0.9787

Posted via email from MT4

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