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Ian Copsey's "The Daily Forecaster" Report

Ian Copsey is a veteran technician having begun his career in Foreign Exchange over 25 years ago. His book ?Integrated Technical Analysis? has been read by over 4,000 readers worldwide. His experience ranges from working in Barclays Bank's trading rooms in London and Hong Kong, acting as a technical analysis specialist for Dow Jones Telerate in Tokyo where he provided seminars for bank traders and also as the regional manager for technical analysis products in Asia Pacific. He has also developed a series of unique indicators and deep experience in system development. He has lived in Asia for 20 years in Hong Kong, Singapore and Tokyo where he now lives with his Japanese wife.


Click here to request a trial for Ian's forex signals

Analytical Style Employed

Over the years Ian has developed a unique integration of complementary techniques that are based on a deep understanding of how price develops. He has adapted the Elliott Wave Principal and applies this to the different currency pairs which possess a unique set of Fibonacci and/or harmonic ratios that resonate within different patterns. He also utilizes cycle analysis to generate more accurate timing for market turns or to recognize the direction of the underlying moves. He is recognized for the consistent accuracy of support and resistance levels.

FEATURES

DAILY REPORT:

  • Highlights trading opportunities and identify key support & resistance levels for the next 12-24 hours.
  • Highlights the underlying directional influence for the coming 5-10 days
  • Highlights the expected movement associated with the Elliott Wave structures

LONG-TERM REPORTS:

  • On an occasional basis Ian will also provide long term forecasts for the next 6-12 months utilizing his cyclic work.

COVERAGE:

  • EUR/USD, USD/YEN, USD/CHF, GBP/USD, AUD/USD, USD/CAD &EUR/JPY.

 

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Extensive Free Daily Technical Chart Points

9/2/2010 EURUSD USDJPY USDCHF GBPUSD USDCAD
Close 1.2815 84.25 1.0133 1.5392 1.0529
High 1.2848 84.55 1.0186 1.5455 1.0556
Low 1.2777 84.01 1.0096 1.5351 1.0473
Mov avgs EURUSD USDJPY USDCHF GBPUSD USDCAD
5 day 1.2740 84.53 1.0196 1.5434 1.0562
10 day 1.2714 84.69 1.0258 1.5464 1.0556
20 day 1.2834 85.13 1.0353 1.5581 1.0457
50 day 1.2801 86.55 1.0477 1.5439 1.0428
100 day 1.2699 89.23 1.0839 1.5131 1.0376
200 day 1.3352 89.96 1.0669 1.5434 1.0389
Pivots 1.2813 84.27 1.0138 1.5399 1.0519

Source: Free Global-View FX Database


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Global-View.com Chart Gallery
09/2/2010                
20:08 GMT   2yr bp 10yr bp DJIA 10316 61
USDX 82.44 -6 0.49 -1 2.63 5 S&P 1090 11
  USD vs.     Fixed Income   NAS 2199 25
EUR 1.2823 16 0.61 -1 2.28 6 DAX 6084 0
GBP 1.5396 53 0.71 2 2.96 3 FTSE 5371 5
CHF 1.0129 22 0.38 3 1.26 8 SMI 6334 0
JPY 84.23 18 0.13 0 1.12 9 NIK 9063 136
CAD 1.0530 21 1.19 7 2.87 2 TSE 12089 111
AUD 0.9115 16 4.34 -1 4.82 2 ASX 4533 37
NZD 0.7152 32 HSI 20869 245
CNY 6.8080 32 SSEC 2659 36
  EUR vs.     GBP vs.       AUD vs
JPY 108.01 10 JPY 129.68 72 GBP 1.6885 91
GBP 83.29 39 CHF 155.95 88 CAD 0.9601 37
CHF 1.2988 12 CAD 1.6212 21 CHF 1.0820 0
AUD 1.4063 10   JPY vs.   NZD 1.2740 31
CAD 1.3502 46 CHF 83.16 0 Commodities
  CHF vs. CAD 1.25 48 Gold 1251.1 6.30
CAD 1.082 2 AUD 76.8 0 WTI 74.98 1.02
                   
                   



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