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7/28/2010 - THE VULCAN REPORT Review of Canadian Dollar FOREX (USD/CAD) as of Tuesday, July 27, 2010

7/28/2010 - USD/CAD - THE VULCAN REPORT Review of Canadian Dollar FOREX (USD/CAD) as of Tuesday, July 27, 2010
 
THE VULCAN REPORT
Review of Canadian Dollar FOREX (USD/CAD)
as of Tuesday, July 27, 2010


Today's Price Action


Change    0.0035 (0.34%) prices closed higher than they opened.  with strong Bids going into the close.


     MARKET SENTIMENT
  
PulseScan Swing Vix
PulseScan:    -21.60
Swing Vix:    -19.34


The Market Pulse is negative since it is trading below its zero signal line.The PulseScan crossed below the Swing Vix creating a DOWN Trend Channel as of    2 period(s) ago. The Swing Vix is not currently in a topping (above 39) or bottoming (below -39) range.    
A buy or sell signal is generated when the Swing Vix moves out of an overbought/oversold area.  


*The last signal was a Over-Bought Sell 15 period(s) Ago.
The Swing Vix does not currently show any Failure Swings.The Swing Vix and price are not diverging.
      
  *Since the last Swing Vix signal, Canadian Dollar FOREX's price has decreased 0.09%, and has ranged from a high of 1.0432 to a low of 1.0254.


     MOMENTUM


     MARKET TREND - Currently the TREND is -The DownTrend is still entact with prices holding below trendline resistance at-   1.0821.


        TREND STRENGTH - WEAK - RANGE BOUND  (Prices have ceased trending and have become consolidated at this time) The market has put in a short term bottom. This means that the bears are liquidating short positions thus taking some profit off the table.,T/K BREAKDOWN


TRENDLINE RETRACEMENT
The close is currently Below it's Long Term TRENDLINE RETRACEMENT. -   1.0821
The close is currently Below  it's Intermediate Term TRENDLINE RETRACEMENT. -  1.0396 
The close is currently Below  it's Short Term TRENDLINE RETRACEMENT. -   1.0395 




INTRADAY PRICE PROJECTIONS
RESISTANCE   1.0362
SUPPORT   1.0285


WEEKLY PRICE PROJECTIONS
RESISTANCE   1.0585
SUPPORT   1.0282


Long term Trend Line resistance is currently at -   1.0821
Long term Trend Line support is currently at -   0.9929
BEAR MARKET DOWNTREND - (12-18mo)  PRICE TARGET =   0.8145




BEAR MARKET PLUNGE PROTECTION TEAM CIRCUIT BREAKERS


DEFLATED BUBBLE PHASE I  - (24-36mo) PRICE DESTRUCTION TARGET =   0.6361
DEFLATED BUBBLE PHASE 2 - (42-60mo) (PANIC SELLING EXTREME FEAR) PRICE DESTRUCTION TARGET =   0.4577
DEFLATED BUBBLE PHASE 3  - (72mo+) (THE STOCK WILL PROBABLY BE DELISTED AND/OR FILE FOR BK 11) PRICE DESTRUCTION TARGET =   0.2793


VOLATILITY
On 7/27/2010, Canadian Dollar FOREX closed   
above the lower band by 27.5%.




     IN PLAY - (PANDORA'S LITTLE BLACK BOX)


LONG Signals :   


LONG POSITIONS FOR THIS SECURITY ARE NOT IN PLAY AT THIS TIME!


SHORT Signals :  


 Possible 3rd PulseWave Break-Down Continuation             


        SHORT ENTRY-   1.0247
   Profit Target   0.9916
   Stop Loss   1.0400



Risk Disclosure


General Advice Disclosure: Please note that the advice contained herein is general advice and is for the purposes of education only. The risk of loss in trading futures contracts, commodity options, stocks, stock options and forex currencies can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You are reminded that past performance is no guarantee or reliable indication of future results. It has not been prepared taking into account your particular investment objectives, financial situation and particular needs.You should therefore assess whether the advice is appropriate to your individual investment objectives, financial situation and particular needs. You should do this before making an investment decision based on this general advice. You can either make the assessment yourself or seek the help of a professional adviser. This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. The Vulcan Report accepts no liability whatsoever for any loss arising from any use of this expert or its contents.liability whatsoever for any loss arising from any use of this expert or its contents.


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BULLS make money... BEARS make money.... PIGS get slaughtered!


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Posted by The Vulcan at 6:41 AM