MY BIRTHDAY APPRECIATION TO THE ALMIGHTY GOD

MY BIRTHDAY APPRECIATION TO THE ALMIGHTY GOD

I am grateful to God for His Kindness and mercy over 
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TUESDAY, JUNE 25, 2013 FOREX SIGNALS

Tuesday, June 25, 2013

EUR/USD GBP/USD USD/CHF USD/JPY EUR/GBP GBP/JPY AUD/USD Gold

EUR/USD intraday: the downside prevails. Pivot: 1.3175 Our preference: Short positions below 1.3175 with targets @ 1.305 & 1.299 in extension. Alternative scenario: Above 1.3175 look for further upside with 1.323 & 1.325 as targets. Comment: as long as 1.3175 is resistance, look for choppy price action with a bearish bias.

GBP/USD intraday: further upside. Pivot: 1.534 Our preference: Long positions above 1.534 with targets @ 1.5485 & 1.553 in extension. Alternative scenario: Below 1.534 look for further downside with 1.531 & 1.527 as targets. Comment: the RSI is bullish and calls for further upside.

USD/CHF intraday: the bias remains bullish. Pivot: 0.929 Our preference: Long positions above 0.929 with targets @ 0.938 & 0.9415 in extension. Alternative scenario: Below 0.929 look for further downside with 0.924 & 0.92 as targets. Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

USD/JPY intraday: under pressure. Pivot: 98.3 Our preference: Short positions below 98.3 with targets @ 96.8 & 96.2 in extension. Alternative scenario: Above 98.3 look for further upside with 98.7 & 99.25 as targets. Comment: the pair has broken below its support and remains under pressure, the RSI is badly directed.

EUR/GBP intraday: under pressure. Pivot: 0.8545 Our preference: Short positions below 0.8545 with targets @ 0.8475 & 0.8465 in extension. Alternative scenario: Above 0.8545 look for further upside with 0.8575 & 0.86 as targets. Comment: a break below 0.8475 would trigger a drop towards 0.8465.

GBP/JPY intraday: the downside prevails. Pivot: 151.2 Our preference: Short positions below 151.2 with targets @ 149.7 & 148.85 in extension. Alternative scenario: Above 151.2 look for further upside with 151.95 & 152.4 as targets. Comment: the RSI lacks upward momentum.

AUD/USD intraday: continuation of the rebound. Pivot: 0.9145 Our preference: Long positions above 0.9145 with targets @ 0.931 & 0.938 in extension. Alternative scenario: Below 0.9145 look for further downside with 0.905 & 0.9 as targets. Comment: the pair is has broken above its resistance, the RSI is well directed.

GOLD (Spot) intraday: the downside prevails.

Pivot: 1326.00 Our preference: SHORT positions below 1326 with 1270 & 1244 in sight. Alternative scenario: The upside breakout of 1326 will open the way to 1347 & 1375. Comment: a break below 1270 would trigger a drop towards 1244.

SIGNAL FOR TODAY THURSDAY 20-06-2013

EUR/USD intraday: the downside prevails.

Pivot: 1.337 Our preference: Short positions below 1.337 with targets @ 1.323 & 1.3175 in extension. Alternative scenario: Above 1.337 look for further upside with 1.3415 & 1.348 as targets. Comment: the RSI has broken down its 30 level.

GBP/USD intraday: the downside prevails. Pivot: 1.56 Our preference: Short positions below 1.56 with targets @ 1.5415 & 1.533 in extension. Alternative scenario: Above 1.56 look for further upside with 1.568 & 1.575 as targets. Comment: the RSI has broken down its 30 level.

USD/CHF intraday: further advance.

USD/JPY intraday: the upside prevails. Pivot: 95.25 Our preference: Long positions above 95.25 with targets @ 97.75 & 98.5 in extension. Alternative scenario: Below 95.25 look for further downside with 94.25 & 93.75 as targets. Comment: the RSI is bullish and calls for further advance.

EUR/GBP intraday: further advance. Pivot: 0.854 Our preference: Long positions above 0.854 with targets @ 0.86 & 0.8615 in extension. Alternative scenario: Below 0.854 look for further downside with 0.852 & 0.8495 as targets. Comment: the pair stands above its new support and remains on the upside.

GBP/JPY intraday: bullish bias above 148.2. Pivot: 148.2 Our preference: Long positions above 148.2 with targets @ 150.65 & 151.35 in extension. Alternative scenario: Below 148.2 look for further downside with 147.05 & 146.3 as targets. Comment: technically, the RSI is above its neutrality area at 50.

AUD/USD intraday: the downside prevails. Pivot: 0.9435 Our preference: Short positions below 0.9435 with targets @ 0.919 & 0.9125 in extension. Alternative scenario: Above 0.9435 look for further upside with 0.957 & 0.9665 as targets. Comment: the RSI has broken down its 30 level.

GOLD (Spot) intraday: the downside prevails.  Pivot: 1378.00 Our preference: SHORT positions below 1378 with targets @ 1338 & 1322. Alternative scenario: The upside penetration of 1378 will call for 1394 & 1402. Comment: the RSI has broken down its 30 level.

Risk Warning

Trading foreign currencies is a challenging and potentially profitable opportunity for educated and experienced investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency.
Moreover, the leveraged nature of FX trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin call within the time prescribed, your position will be liquidated and you will be responsible for any resulting losses. Investors may lower their exposure to risk by employing risk-reducing strategies such as 'stop-loss' or 'limit' orders.

Risk Warning

Trading foreign currencies is a challenging and potentially profitable opportunity for educated and experienced investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency.
Moreover, the leveraged nature of FX trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin call within the time prescribed, your position will be liquidated and you will be responsible for any resulting losses. Investors may lower their exposure to risk by employing risk-reducing strategies such as 'stop-loss' or 'limit' orders.

FOREX SIGNALS FOR 18-06-2013

NEW TRADES: 
SELL LIMIT USD/JPY 96.45 / SL 97.25 / TP 92.40                            

BUY LIMIT USD/CAD 1.0150 / SL 1.0080 / TP 1.0380                            

SELL LIMIT AUD/USD .9660 / SL .9720 / TP .9470                            

BUY LIMIT AUD/USD .9512 / SL .9412 / TP .9655                            

BUY LIMIT EUR/AUD 1.3840/ SL 1.3750/ TP 1.4200                            

BUY LIMIT EUR/GBP .8410 / SL .8360 / TP .8540    
                        
SELL LIMIT EUR/GBP .8550 / SL .8620 / TP .8420    

BUY LIMT EUR/NZD 1.6510 / SL 1.6380 / TP 1.6980                            

BUY LIMIT EUR/CAD 1.3450 / SL 1.3320 / TP 1.3620                            

BUY LIMIT GBP/CHF 1.4420 / SL 1.4320 / TP 1.4700    
                        
BUY LIMIT GBP/AUD 1.6330 / SL 1.6210 / TP 1.6604    
                        
BUY LIMIT GBP/CAD 1.5830 / SL 1.5730 / TP 1.6000
                        
BUY LIMIT NZD/CHF .7200 / SL .7060 / TP .8000            

BUY LIMIT EUR/USD 1.3295 SL 1.3215 / TP 1.3410

BUY LIMIT GBP/USD 1.5580 / SL 1.5480 / TP 1.5780

BUY LIMIT EUR/CAD 1.3495 / SL 1.3360 / TP 1.3650

PENDING TRADES: NONE 

OPEN TRADES: NONE

CANCEL THESE TRADES: NONE

Risk Warning

Trading foreign currencies is a challenging and potentially profitable opportunity for educated and experienced investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency.
Moreover, the leveraged nature of FX trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin call within the time prescribed, your position will be liquidated and you will be responsible for any resulting losses. Investors may lower their exposure to risk by employing risk-reducing strategies such as 'stop-loss' or 'limit' orders.

Since the possibility of losing your entire cash balance does exist, speculation in the Forex market should only be conducted with risk capital you can afford to lose which will not dramatically impact your lifestyle. Forex Systems is compensated through a portion of the bid/ask spread.

FOREX SIGNAL FOR 30-05-2013

Looking at our signal for yesterday on EURJPY we are looking to buy on dip but it does not reach the support  therefore we move  our entry to 130.40. BUY @ this price  TP@ 131.69 SL @130.10.

SELL AUDUSD @ 1.9677
TP@ 1.9580
SL @ 1.9721

ANALYSIS FOR EURJPY FOR 29-05-2013

EURJPY is trying to retest the 129.30 area on daily candlestick to resume the uptrend again. I expect the JPY to weaken before the end of the day. In view of this as soon as it test 129.50, place

BUY @ 129.50
TP @ 130.90
SL @ 129.10

Betalifefx and its staff are not registered financial advisors or brokers. Any opinions, alerts, and suggestions are solely speculation. Users of Betalifefx services should consult a financial advisor before acting on any suggestions given and before investing in any security. Investing involves risk, including loss of capital. By viewing any of our pages or Emails, all members, visitors, and guests agree and fully understand we cannot be held liable for any investment advice given. In addition, they also agree that they bear complete responsibility for their own investment decisions. Betalifefx does not guarantee completeness, timeliness, or accuracy of the news, services or products found on any of its pages, emails or related sites.

FOREX SIGNAL FOR TODAY 27-05-2013

EURUSD

SELL @ 1.2930
TP @ 1.2900
SL @ 1.2990

Market opens where it left on Friday as the weekend bring no major events. And with London and New York on holidays this Monday, market will likely remain extremely thin.

The EUR/USD hourly chart shows price steady around a flat 20 SMA, while indicators hover around their midline, signaling the little volume around since past American session over the long weekend.

EURUSD have failed to break the 2970 area on daily resistance and since turned down south to look for the support at 1.2890

The pair is retreating 0.03% at 1.2931 and a break below 1.2900 (MA10d) would accelerate the decline towards 1.2821 (low May 23) and then 1.2809 (low May 20).

Leave your comments and contact me through email for any advice and assistance
fapokay2010@gmail.com