ForexPros Daily Analysis July 13, 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 13, 2010 at 6:43am —
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ForexPros Daily Analysis July 12, 2010
Free webinar on ForexPros - Trading the Harmonic Patterns LIVE
Expert: Chris Hall
When: Mon, July 12, 2010, 08:00 EST
By now you probably know about Fibonacci ratios. When you take the power of fibs, and combine them into patterns, they become “Harmonic”. Unlike other patterns, these… Continue
Added by forexpros on July 12, 2010 at 7:35am —
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EUR/USD: Technical Analysis As formerly cautioned, the breach of the support at 1.2620/30 opened the way down, and the price is consolidating at 1.2570, which had been formerly mentioned as another support. The indicators evidently reversed down and speak well for the continuation of the sagging down to 1.2510/00, which was also noted before. However, there’s an intermediary, but powerful all the same support within the range of 1.2550/30 on…
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Added by Forex4you on July 12, 2010 at 7:09am —
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EUR/USD Technical Analysis The price marked the new local maximum of 1.2720/25 and is now returning down, - under the level of 1.2700. The resistance line of the ascending channel (red lines) continues to restrain the “Bull” activity, fixing the closing prices below. However, the indicators remain in the warning of a reversal or a large-scale correction to the growth of the pair. Adjustment of the long-term descending trend line (blue line)…
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Added by Forex4you on July 9, 2010 at 7:52am —
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GBP/USD: Technical AnalysisThe yesterday mentioned support at 1.5080/90/70 withheld the trades from sagging down and also caused the consolidation within the range of 1.5200-1.5080. The “Bulls” attempt to get the new local maximums stopped at 1.5240. The trading has came back down up to the point and is currently carried next to 1.5170/80. Both the probability of the indicators’ reversal and the hints on their intents to downgrade suggest taking…
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Added by Forex4you on July 8, 2010 at 8:16am —
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ForexPros Daily Analysis July 8, 2010
Free webinar on ForexPros - Live Trading with Price Level Principle (PLP) - Part II
Expert: Rajoo C, Precise Trader
When: Thu, July 8, 2010, 11:00 a.m. GMT
In this session, Rajoo C will discuss the topics of:
1. Identifying entry, exit & stop loss level
2. How to choose… Continue
Added by forexpros on July 8, 2010 at 6:46am —
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GBP/USD: Technical AnalysisThe bounce out of 1.5200 determined the lasting of the sideways move. So, the pair is currently approaching to the bottom edge of the consolidation range, 1.5080, which was mentioned in the last commentary. The trades are carried at 1.5095/90. The indicators’ values note the changes in favor of the “bearish” preferences. That in its turn speaks about the probability of even lower price decrease, till the trend line of…
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Added by Forex4you on July 7, 2010 at 8:08am —
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ForexPros Daily Analysis July 7, 2010
Free webinar on ForexPros - Live Trading with Price Level Principle (PLP) - Part II
Expert: Rajoo C, Precise Trader
When: Thu, July 8, 2010, 11:00 a.m. GMT
In this session, Rajoo C will discuss the topics of:
1. Identifying entry, exit & stop loss level
2. How to choose… Continue
Added by forexpros on July 7, 2010 at 6:16am —
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GBP/ USD: Technical AnalysisThe pair was traded broader than predicted yesterday. The price checked up the support at 1.5080 and following that recovered upturn. It currently resides at 1.5200/1.5190. The indicators’ values further prefer the advance, while the weakness in upgrading, which was caused by retracement, is recovering. This proves high probability of both the ascendant trend’s renovation and checkup of the new local maximums.…
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Added by Forex4you on July 6, 2010 at 7:18am —
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ForexPros Daily Analysis July 6, 2010
Free webinar on ForexPros - Live Trading with Price Level Principle (PLP) - Part II
Expert: Rajoo C, Precise Trader
When: Thu, July 8, 2010, 11:00 a.m. GMT
In this session, Rajoo C will discuss the topics of:
1. Identifying entry, exit & stop loss level
2. How to choose… Continue
Added by forexpros on July 6, 2010 at 6:31am —
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ForexPros Daily Analysis July 5, 2010
Free webinar on ForexPros - Live Trading with Price Level Principle (PLP) - Part II
Expert: Rajoo C, Precise Trader
When: Thu, July 8, 2010, 11:00 a.m. GMT
In this session, Rajoo C will discuss the topics of:
1. Identifying entry, exit & stop loss level
2. How to choose… Continue
Added by forexpros on July 5, 2010 at 7:41am —
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GBP/USD: Technical AnalysisThe apprehensions of the upturn’s recovery were well-grounded, because the formerly predicted scenario was accomplished – the price bounced out of the support at 1.4870 and also out of the trend line of the upgrading channel (the blue lines); it achieved the new local maximum at 1.5200/10 as well. The trading is currently carried at 1.5170/60. The indicators’ values still prefer the advance and that in its turn means…
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Added by Forex4you on July 2, 2010 at 7:38am —
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GBP/USD: Technical AnalysisThe supports at 1.5020-1.4990 were breached, so the “Bears” managed to check up the next formerly mentioned targets at 1.4920/00. Moreover, they also attempted to breach further downward, though the price has already been stopped at 1.4870/75. Now it’s rolling back upward and currently resides at 1.4890/1.4900. The support at 1.4870 coincides to the trend line of the upgrading channel (the blue lines). This means a…
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Added by Forex4you on July 1, 2010 at 7:54am —
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