ONE OF THE FED'S COMMENTS YESTERDAY

SLOW WAGE GROWTH INDICATES JOB-MARKET SLACK
OVERALL VIEW OF ECONOMY IS POSITIVE
ECONOMY MUST BE ON SOLID FOOTING BEFORE RATES GO UP
MOST FOMC SEE FIRST RATE HIKE IN 2015
SEE EQUITY, REALT ESTATE, CORPORATE BOND VALUES NORMAL
LOONG-TERM INFLATION EXPECTATIONS WELL ANCHORED
FISCAL POLICY HAS BEEN DRAG ON RECOVERY
WOULD LIKE TO HAVE COMMUNITY BANKER ON FED BOARD
QE NOT ON A PRE-SET COURSE
ECONOMY IS MAKING PROGRESS

NZDUSD IN MULTIPLE REASON ON WHY PRICE SHOULD MOVE DOWNWARD

PRICE BREAK THE 100MA AND BREAK THE SUPPORT LINE. AND PRICE ALSO BREAK  THE 2ND SUPPORT LINE AND CONFIRM THE MOVED WHEN PRICE MANAGED TO BREAK THE 200MA. IN THE CHART ABOVE PRICE QUICKLY BOUNCE BACK ABOVE BUT STOP BELOW THE 100MA AND MOVE BACK BELOW THE 2 MOVING AVERAGE 100 & 200.

USDJPY PRICE CLOSE BELOW D1 100MA

PRICE CLOSE BELOW THE H1 100MA IN TWO DAYS TIME. POSITIVE US ECONOMIC REPORT THIS WEEK NEED TO CONFIRM AT NEXT WEEK TECHNICAL PERSPECTIVE TO CONFIRM THE BIAS MOVE TO UPWARD DIRECTION.

USDCAD PRICE ABOVE H1 100MA

USDCAD IN DOWNWARD TREND. BUT IT SEEMS THAT PRICE IS GETTING TIRED TO CONTINUE DOWNWARD AS PRICE DID NOT PROCEED AFTER BREAKING THE LAST LOW. AND PRICE IS NOW ABOVE H1 100MA. WILL SEE NEXT WEEK IF PRICE WILL BREAK THE H1 200MA, THEN THE REVERSE MOMENTUM IS CONFIRM TO MOVE UPWARD.

GBPUSD WEEKEND ANALYSIS ON H1 PERIOD

PRICE BOUNCE BACK AGAIN ABOVE THE  H1 100MA. AFTER THE LAST HIT FROM THE 100MA PRICE MOVE UPWARD BUT FAILED TO BREAK THE LAST HIGH. AS ECONOMIC REPORT IN US SHOWS A POSITIVE RESULT. PROBABILITY PRICE WILL MOVE DOWNWARD. IF PRICE WILL GO UP AND BREAK THE LAST HIGH, BUY POSITION SHOULD BE CLOSE.

EURUSD IN WEEKLY CHART

PRICE IS CONSOLIDATING AT DOWNWARD RESISTANCE LINE AND THE HORIZONTAL RESISTANCE LINE. IF PRICE WILL CONTINUE TO MOVE DOWNWARD THEN DOWN TREND MOMENTUM CONFIRM. AS THIS WEEK US ECONOMIC REPORT IS POSITIVE.

USDCHF MULTI REASON TO BUY

 USDCHF FOR THE COUPLE OF DAYS PRICE IS WITHIN THE RANGE OF CHANNEL LINE.  LATELY, PRICE HIT SECOND TIMES AT THE CHANNEL SUPPORT LINE. PRICE BREAK THE D1 100MA IN FIRST BLUE LINE BELOW AND ALSO BREAK THE H1 100MA AND CONTINUE BREAKING THE H1 200MA AND FINALLY BREAK THE CHANNEL RESISTANCE LINE. PRICE IS NOW APPROACHING THE D1 200MA. IF PRICE BREAK THE D1 200MA UPWARD MOMENTUM WILL BE CONFIRM.  IF PRICE CANNOT MOVE BREAK THE D1 200MA BUY POSITION SHOULD BANK THE PROFIT.

USDJPY BREAK THE RESISTANCE LINE AND THE D1 100MA

PRICE FROM YESTERDAY STAYED ABOVE THE 100MA IN BLUE LINE AND BREAK THE RESISTANCE LINE AND ALSO BREAK THE D1 100MA IN BLUE LINE ABOVE.  POSSIBLY PRICE WILL CONSOLIDATE AT THE 100MA. PRICE SHOULD CONTINUE UPWARD AND SHOULD BREAK THE RESISTANCE LINE TO CONFIRM THE UPWARD TREND. I HAD A BUY POSITION YESTERDAY JUST FEW PIPS ABOVE THE H1 100MA, BUT IT WAS CLOSE WHEN PRICE MOVE BACK BELOW THE RESISTANCE.

USDCAD MOVE ABOVE H1 100MA

USDCAD IS IN DOWNWARD TREND. BUT AFTER US ECONOMIC REPORT PRICE FINALLY MOVE ABOVE QUICKLY TO 100MA. POSSIBLE CORRECTION MOVE WILL HAPPEN ON THIS PAIR OR IT WOULD CONTINUE TO REVERSE DIRECTION TO UPWARD MOMENTUM. BASE ON THE US ECONOMIC REPORT TODAY, IT SEEMS THAT US ECONOMY IS IN GOOD CONDITION. IF PRICE MOVE BACK BELOW BUY POSITION SHOULD BE CLOSE.

NZDUSD AFTER 6 DAYS OF RANGE TREND FINALLY MOVE BELOW THE ZONE

PRICE IS MOVING ABOVE AND BELOW THE H1 100MA FOR THE COUPLE OF DAYS. AND FINALLY MOVE BELOW THE ZONE AND BREAK THE H1 200MA AND NOW CONSOLIDATING AT SUPPORT LINE. PRICE SHOULD CONTINUE IN DOWNWARD DIRECTION IF THERE'S ABNORMALITIES HAPPEN FOR THE NEXT DAYS.

GBPUSD PRICE STAY ABOVE H1 100MA

DESPITE OF THE POSITIVE OUTCOME OF THE US ECONOMIC REPORT, PRICE STAYED ABOVE THE H1 100MA. AND JUST FEW PIPS ABOVE THE RESISTANCE LINE. IF PRICE WILL CONTINUE TO UPWARD DIRECTION, SELL POSITION SHOULD BE CLOSE.

EURUSD NON-FARM PAYROLL REPORT REACTION

PRICE BEFORE THE REPORT OF US MONTHLY NON-FARM PAYROLL IS CONSOLIDATING AT H1 100MA. AND PRICE BREAK THE H1 200MA IN GREEN LINE AND ALSO BREAK THE SUPPORT LINE. POSSIBLE REVERSE DIRECTION TO DOWNWARD TREND. IF PRICE WILL MOVE UP THE SUPPORT LINE, THEN TIME TO CLOSE THE SELL POSITION. AND WAIT FOR NEXT OPPORTUNITY.

EURUSD IS BELOW H1 1000MA

PRICE QUICKLY MOVED BELOW THE H1 100MA AFTER THE REPORT ON USD ADP EMPLOYMENT CHANGE IN JUNE. PAIR IS CURRENTLY IN UPWARD DIRECTION. IN ORDER TO CONFIRM THE REVERSE DIRECTION, PRICE SHOULD BREAK THE H1 200MA AND THE SUPPORT LINE.

USDJPY BREAK THE H1 RESISTANCE LINE

PRICE MOVED QUICKLY UPWARD AFTER THE USD ADP EMPLOYMENT CHANGE (JUN). NEXT TARGET WILL BE AT DAILY 100 MA IN BLUE LINE.

PRICE APPROACHING TO DAILY SUPPORT LINE

TRENDING UPWARD AND PRICE IS APPROACHING THE DAILY SUPPORT LINE. DOWNWARD MOMENTUM WILL CONFIRM IF PRICE BREAK THE LINE. BUT NORMALLY PRICE WILL BOUNCE BACK UPWARD. SO, BUY POSITION MUST BE PLACE JUST FEW PIPS ABOVE THE LINE.

USDJPY IN DOWNWARD DIRECTIION BUT CURRENTLY CONSOLIDATING AT H1 100MA

PRICE IS JUST BELOW THE D1 200MA AND NOW CONSOLIDATING AT H1 100MA. IT SEEMS THAT IT'S GETTING HARD TO CONTINUE AT DOWNWARD MOMENTUM. IF PRICE MOVE BACK ABOVE AT H1 100MA, BUY POSITION WOULD PROBABLY BE TRIGGER.

GBPUSD BREAK THE SUB RESISTANCE LINE IN D1

PRICE CURRENTLY ABOVE WEEKLY RESISTANCE AND BREAK THE CHANNEL RESISTANCE LINE YESTERDAY APPROACHING TO THE SECOND RESISTANCE LINE. SELL OPPORTUNITY FOR COUNTER TREND IF PRICE WILL MOVE BACK BELOW THE RESISTANCE LINE LEVEL.

USDCHF COUNTER TREND TRADING IN HOURLY PERIOD

PRICE MOVE BACK ABOVE D1 100MA, AFTER HITTING THE CHANNEL SUPPORT LINE. PRICE IS EXPECTED TO REACH THE H1 100MA AND CONSOLIDATE FOR THE GATE PASS EITHER TO CONTINUE TO GO DOWN OR PROCEED TO THE NEXT CHECK POINT WHICH IS THE H1 200MA AND THE CHANNEL RESISTANCE LINE.

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REPORTING MONTHLY

TODAY IS THE FIRST DAY OF JULY 2014. AND IT IS A  MONTHLY TRADING INCOME REPORTING TIME. FOR THE MONTH OF JUNE THIS IS MY PROFIT AND LOSS FIGURE -1,324.75 EURO. IT IS A MONTHLY SALARY OF AVERAGE ITALIAN EMPLOYEE. BUT I ACCEPT IT A PART OF LEARNING PROCESS OF MY FOREX TRADING CAREER. I WILL ELIMINATE THE NEGATIVE SIGN THIS JULY.