EUR / USD over the day: target 1.3115.

Change Point (devaluation level): 1.2965
We prefer: BUY positions at 1.2975 with price targets at 1.3045 and 1.3115.
Alternative scenario: below 1.2965, we expect further downside with 1.2925 & 1289 as price targets.
Technical Comment: it has formed a support base at 1.2965 and had a temporary stabilization.

Tags: , , , , , , , , , ,

categories Articles, Forex, Forex signal, forex news | admin | datetime July 29, 2010 13:12 | comments Comments (0)

USD / CAD in the course of the day: the downward movement will prevail.

Change Point (devaluation level): 1,039
We prefer: short positions in 1039 with expanded course objectives at 1.0335 and 1.03.
Alternative scenario: about 1039, we expect further upward with 1.0465 & 1043 as price targets.
Technical Comment: the RSI is pushed against a major resistance at about 70% and returns are down.

Tags: , , , , , , , , , ,

categories Articles, Forex, Forex signal, forex news | admin | datetime 13:11 | comments Comments (0)

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

Change Point (devaluation level): 87.5
We prefer: SELLING at 87.4 with price targets on 86.9 & 86.75.
Alternative scenario: more than 87.5, we expect further upward movements with 87.75 and 88.1 as price targets.
Technical Comment: the RSI is the case for further downward movement.

Tags: , , , , , , , , , ,

categories Articles, Forex, Forex signal, forex news | admin | datetime 13:11 | comments Comments (0)

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

Change Point (devaluation level): 0891
We prefer: long positions over 0891 with increased price targets on 0.9 & 0.9035.
Alternative scenario: below 0891, we expect further downward movements of 0886 and 0.88 as price targets.
Technical Comment: the RSI is bullish and calls for a further upward movement.

Tags: , , , , , , , , , ,

categories Articles, Forex, Forex signal, forex news | admin | datetime 13:10 | comments Comments (0)

GBP / USD during the day: supported by a rising trend line.

Change Point (devaluation level): 1.5565
We prefer: BUY positions at 1.5575 with price targets on 1568 & 1572.
Alternative scenario: below 1.5565, we expect further downside with 1.5445 & 1552 as price targets.
Technical Comment: the RSI went on a break above the declining trendline.

Tags: , , , , , , , , , ,

categories Articles, Forex, Forex signal, forex news | admin | datetime 13:09 | 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.