EUR_USD H1 09/30/2012

With Stoch and DT Osc in OS zone a positive reaction at the support is waiting in the next few hours. Anyway, the net trend is still bearish and for swing trades it may be wise to wait until Daily Stochastic (8,5,3) will become bullish before considering Long positions.

EUR_USD H1 09/06/2012

With DT Osc and Stoch bullish I expect a sideway or up movement in the next few hours. On this chart we can see a "cup and handle" pattern which is a bullish formation. The "handle" is complete now and the most probable net trend should be up over the next few days.

^DJI - 09/04/2012

Stochastic is still bearish. That means the net trend should be sideways to down over the next few days. It may be wise to wait for a bullish reaction at the support and a Stochastic bullish revesal before considering Long positions.

EUR_USD H1 - 08/31/2012

Friday was an interesting day. After testing resistance, the price passed through it. The current top is an intermediate one. The target is placed at the1.267 level (100% extension of previous width). With daily DT Osc bullish I expect a positive reaction at the support line in the next few hours. Long followed a rally above last hour's high as long as the DTosc and Stochastic are not BullOB or bearish.