Category: Forex signal

EUR / USD over the day: towards 1317.

Change Point (devaluation level): 1,304
We prefer: BUY positions in 1305, with price targets on 1311 & 1317.
Alternative scenario: below 1304, we expect further downside with 1.2965 & 1298 as price targets.
Technical Comment: the RSI went on a break above the declining trendline.

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categories Articles, Forex, Forex signal, forex news | admin | datetime July 30, 2010 14:16 | comments Comments (0)

USD / CAD in the course of the day: ST-key resistance at 1.04.

Change point (devaluation level): 1.04
We prefer: short positions under 1:04 with advanced course aims to 1.03 & 1.0275.
Alternative scenario: more than 1.04 we expect further upward with 1.0465 & 1043 as price targets.
Technical Comment: the RSI is capped by a bearish trend line.

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categories Articles, Forex, Forex signal, forex news | admin | datetime 14:15 | comments Comments (0)

USD / JPY during the day: the downward movement will prevail.

Change Point (devaluation level): 86.75
We prefer: SELLING at 86.65, with price targets on 86 & 85.8.
Alternative scenario: over 86.75, we expect further upward movements with 87.2 & 87.4 as price targets.
Technical Comment: the RSI is the case for further downward movement.

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categories Articles, Forex, Forex signal, forex news | admin | datetime 14:14 | comments Comments (0)

AUD / USD over the day: supported by a rising trend line.

Change Point (devaluation level): 0895
We prefer: long positions over 0895 with expanded course objectives at 0.9045 & 0907.
Alternative scenario: below 0895, we expect further downside with 0.8925 & 0.8905 as targets in the future.
Technical comment: although a continuation of the consolidation can not be excluded, should be limited in its extent.

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categories Articles, Forex, Forex signal, forex news | admin | datetime 14:13 | comments Comments (0)

GBP / USD during the day: Read the channel support.

Change Point (devaluation level): 1558
We prefer: BUY positions in 1559, with price targets on 1566 & 1573.
Alternative scenario: below 1558 we expect further downside with 1.5545 & 1.5505 as targets in the future.
Technical Comment: the RSI is bullish and calls for a further upward movement.

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categories Articles, Forex, Forex signal, forex news | admin | datetime 14:12 | comments Comments (0)

Disclaimer : Forex trading is a type of investment business is very promising with a very high yield, but it can not be separated from the high risk, can even spend your capital. all the risks in forex trading can be minimized by analysa and good knowledge, then, before you enter in foreign exchange trading business we recommend that you study in advance of this business to obtain a highly profitable trading system and profitable for you. for it is always wise with your capital, and be careful with the types of investments that you currently live.