ForexPros Daily Analysis July 29, 2010Free webinar on ForexPros - Let's do some simple Trend TradingExpert: 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…
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Added by forexpros on July 29, 2010 at 7:34am —
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GBP/USD: Technical AnalysisThe 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…
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Added by Forex4you on July 28, 2010 at 7:41am —
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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 —
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EUR/USD: Technical AnalysisPrevious 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…
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Added by Forex4you on July 28, 2010 at 2:21am —
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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 —
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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 —
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EUR/USD: Technical AnalysisThe 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 —
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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…
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Added by Forex4you on July 23, 2010 at 2:05am —
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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 —
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EUR/USD: Technical AnalysisThe 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.…
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Added by Forex4you on July 21, 2010 at 7:58am —
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ForexPros Daily Analysis July 21, 2010Free webinar on ForexPros - Let's do some simple Trend TradingExpert: 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…
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Added by forexpros on July 21, 2010 at 6:36am —
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GBP/USD: Technical AnalysisThe 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…
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Added by Forex4you on July 20, 2010 at 7:52am —
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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 —
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ForexPros Daily Analysis July 19, 2010Free webinar on ForexPros - Let's do some simple Trend TradingExpert: 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…
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Added by forexpros on July 19, 2010 at 8:01am —
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EUR/USD: Technical AnalysisThe 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…
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Added by Forex4you on July 16, 2010 at 7:26am —
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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.…
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Added by Forex4you on July 15, 2010 at 7:55am —
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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 —
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EUR/USD: Technical AnalysisThe 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 AnalysisThe “Bulls” succeeded in breaching the resistance at 1.5080/60…
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Added by Forex4you on July 14, 2010 at 7:25am —
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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 —
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EUR/USD: Technical AnalysisThis 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…
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Added by Forex4you on July 13, 2010 at 7:49am —
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