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July 2010 Blog Posts (33)

Forexpros.com Daily Analysis - 29/07/2010

ForexPros Daily Analysis July 29, 2010





Free webinar on ForexPros - Let's do some simple Trend Trading

Expert: Kellie Durazo

When: Tue, August 17, 2010, 10:00a.m. ET



Why spend hours analyzing charts when you can learn a few simple trading

strategies that are effective and easy to learn.



During this webinar, Kellie Durazo will teach you how to… Continue

Added by forexpros on July 29, 2010 at 7:34am — No Comments

Forex4you Technical Analysis 28/07/10

GBP/USD: Technical Analysis



The basic assumption, that the growth rate would project around 1.5500, came true. As a part of alternative scenario, which provides a more average picture and allows some divergence, it’s also helpful to retrace the breach of current downtrend.

As of the end of July, the pair is trading at the threshold of important resistance 1.5500. In case the price fails to fix at this level, it will create a negative around… Continue

Added by Forex4you on July 28, 2010 at 7:41am — No Comments

Forexpros.com Daily Analysis - 28/07/2010

ForexPros Daily Analysis July 28, 2010





Free webinar on ForexPros - Let's do some simple Trend Trading

Expert: Kellie Durazo

When: Tue, August 17, 2010, 10:00a.m. ET



Why spend hours analyzing charts when you can learn a few simple trading

strategies that are effective and easy to learn.



During this webinar, Kellie…
Continue

Added by forexpros on July 28, 2010 at 6:20am — No Comments

Forex4you Technical Analysis 28/07/10

EUR/USD: Technical Analysis



Previous projections that the “bulls” are stronger in the current situation proved to be correct. The price ascended to the earlier mentioned aim at 1.3000/30 and now resides at 1.2998/1.3000. Indicators anticipate growth, but special attention should be given to MACD divergence, which alerts of a possible large scale pullback down. A breakout of a tested range 1.3000/30 will result in the rise to the levels… Continue

Added by Forex4you on July 28, 2010 at 2:21am — No Comments

Forexpros.com Daily Analysis - 27/07/2010

ForexPros Daily Analysis July 27, 2010





Free webinar on ForexPros - Let's do some simple Trend Trading

Expert: Kellie Durazo

When: Tue, August 17, 2010, 10:00a.m. ET



Why spend hours analyzing charts when you can learn a few simple trading

strategies that are effective and easy to learn.



During this webinar, Kellie…
Continue

Added by forexpros on July 27, 2010 at 6:33am — No Comments

Forexpros.com Daily Analysis - 26/07/2010

ForexPros Daily Analysis July 26, 2010





Free webinar on ForexPros - Let's do some simple Trend Trading

Expert: Kellie Durazo

When: Tue, August 17, 2010, 10:00a.m. ET



Why spend hours analyzing charts when you can learn a few simple trading

strategies that are effective and easy to learn.



During this webinar, Kellie…
Continue

Added by forexpros on July 26, 2010 at 6:20am — No Comments

Forex4you Technical Analysis 23/07/10

EUR/USD: Technical Analysis



The breakout of the trend channel and upward surge yesterday took prices to 1.2930 and this morning the pair has been consolidating in a sideways range before just now breaking out to the upside again in second leg up. Prices will likely carry higher, probably to near the old highs at 1.2980 or even higher to 1.3020.…







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Added by Forex4you on July 23, 2010 at 8:28am — No Comments

Forex4you Technical Analysis 23/07/10

EUR/USD: technical analysis

Prices have rallied up after yesterday’s decline. They are in the process of breaking out of the trend channel drawn down from Tuesday’s highs. They may consolidate shortly before a further rally. The level of resistance at 1.2880 could be a reasonable target for the advance.

GBP/USD: technical…

Continue

Added by Forex4you on July 23, 2010 at 2:05am — No Comments

Forexpros.com Daily Analysis - 22/07/2010

ForexPros Daily Analysis July 22, 2010





Free webinar on ForexPros - Let's do some simple Trend Trading

Expert: Kellie Durazo

When: Tue, August 17, 2010, 10:00a.m. ET



Why spend hours analyzing charts when you can learn a few simple trading strategies that are effective and easy to learn.



During this webinar, Kellie…
Continue

Added by forexpros on July 22, 2010 at 8:57am — No Comments

Forex4you Technical Analysis 21/07/10

EUR/USD: Technical Analysis



The higher high and lower close yesterday marked a possible turning point – an outside reversal bar from which the market may begin a new trend down. This morning prices continued falling until they reached support from an old channel line. They will probably break down through this line and run until achieving support from the monthly pivot at around 1.2795.…



Continue

Added by Forex4you on July 21, 2010 at 7:58am — No Comments

Forexpros.com Daily Analysis - 21/07/2010

ForexPros Daily Analysis July 21, 2010





Free webinar on ForexPros - Let's do some simple Trend Trading

Expert: Kellie Durazo

When: Tue, August 17, 2010, 10:00a.m. ET



Why spend hours analyzing charts when you can learn a few simple trading strategies that are effective and easy to learn.



During this webinar, Kellie Durazo will teach you how to… Continue

Added by forexpros on July 21, 2010 at 6:36am — No Comments

Forex4you Technical Analysis 20/07/10

GBP/USD: Technical Analysis



The pound formed a 2-bar reversal pattern top last week and since then prices have fallen. While momentum remains robust it is possible the top represents an exhaustion move. It also occurred near the high of the preceding 4th wave of a lesser degree at 1.5525, which was a rough target for the end of this rally. Initially it is quite possible that prices will fall to the lower edge of the channel for the move up at… Continue

Added by Forex4you on July 20, 2010 at 7:52am — No Comments

Forexpros.com Daily Analysis - 20/07/2010

ForexPros Daily Analysis July 20, 2010





Free webinar on ForexPros - Let's do some simple Trend Trading

Expert: Kellie Durazo

When: Tue, August 17, 2010, 10:00a.m. ET



Why spend hours analyzing charts when you can learn a few simple trading strategies that are effective and easy to learn.



During this webinar, Kellie…
Continue

Added by forexpros on July 20, 2010 at 6:55am — No Comments

Forexpros.com Daily Analysis - 19/07/2010

ForexPros Daily Analysis July 19, 2010





Free webinar on ForexPros - Let's do some simple Trend Trading

Expert: Kellie Durazo

When: Tue, August 17, 2010, 10 ET



Why spend hours analyzing charts when you can learn a few simple trading strategies that are effective and easy to learn.



During this webinar, Kellie Durazo will teach you how to follow… Continue

Added by forexpros on July 19, 2010 at 8:01am — No Comments

Forex4you Technical Analysis 16/07/10

EUR/USD: Technical Analysis



The formerly made forecasts were justified with the market events. The fixation above 1.2800 caused the implementation of the scenario of checkup of the range of 1.2900/50, whereas the price reached 1.2950/55 and is currently consolidating within the range of 1.2955-1.2900. The indicators’ mood points to the probable continuation of the upturn, which may warn about the trades’ increase into the range of 1.3000/50 in… Continue

Added by Forex4you on July 16, 2010 at 7:26am — No Comments

Forex4you Technical Analysis 15/07/10

EUR/USD: Technical Analysis



This pair looks like it could be forming a top. The MACD is showing the divergence which accompanies a 5th wave high; there are overlapping waves on the hourly chart and substantial overhead resistance from pivot and channel line. Prices may reach a little higher, perhaps to 1.2790 but after that they should correct to the region of 1.2670.…







Continue

Added by Forex4you on July 15, 2010 at 7:55am — No Comments

Forexpros.com Daily Analysis - 15/07/2010

ForexPros Daily Analysis July 15, 2010





Free webinar on ForexPros - Live Trading with Price Level Principle (PLP) - Part III

Expert: Rajoo C

When: Thu, July 15, 2010, 11 GMT



In this session, Rajoo C will discuss the topics of:



1. Identifying entry, exit & stop loss level

2. How to choose the best cross to…
Continue

Added by forexpros on July 15, 2010 at 6:16am — No Comments

Forex4you Technical Analysis 14/07/10

EUR/USD: Technical Analysis



The move up which started yesterday has made new highs. It will probably continue, reaching first 1.2740 and then perhaps 1.2790 where the monthly pivot resides and the upper channel line of the last leg of the move up.







GBP/USD: Technical Analysis



The “Bulls” succeeded in breaching the resistance at 1.5080/60… Continue

Added by Forex4you on July 14, 2010 at 7:25am — No Comments

Forexpros.com Daily Analysis - 14/07/2010

ForexPros Daily Analysis July 14, 2010





Free webinar on ForexPros - Live Trading with Price Level Principle (PLP) - Part III

Expert: Rajoo C

When: Thu, July 15, 2010, 11 GMT



In this session, Rajoo C will discuss the topics of:



1. Identifying entry, exit & stop loss level

2. How to choose the best cross to…
Continue

Added by forexpros on July 14, 2010 at 7:10am — No Comments

Forex4you Technical Analysis 13/07/10

EUR/USD: Technical Analysis



This pair has almost breached the powerful support within the formerly mentioned range of 1.2550/30; now it’s attempting to fix below, and the trading is carried at 1.2530/20. If the “Bears” manage to do it, by the way, the confident reversal down of the indicators speaks well for the high probability of this kind, the implementation of the yesterday mentioned scenario will be obvious – i.e., the price will go ahead… Continue

Added by Forex4you on July 13, 2010 at 7:49am — No Comments

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