EUR / USD over the day: target 1.3115.

Change point (devaluation level): 1.2955
We prefer: BUY positions at 1.2965 with price targets at 1.3045 and 1.3115.
Alternative scenario: below 1.2955, we expect further downside with 1.2915 & 1289 as price targets.
Technical comment: the break of 1.2955 is a positive signal that a way has opened up to 1.3045.

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categories Articles, Forex, Forex signal, forex news | admin | datetime July 28, 2010 13:08 | comments Comments (0)

USD / CAD in the course of the day: under pressure.

Change Point (devaluation level): 1.0395
We prefer: short positions at 1.0395 with expanded course objectives at 1.0325 & 1.03.
Alternative scenario: more than 1.0395, we expect further upward with 1.0425 & 1.0445 as targets in the future.
Technical Comment: the RSI is pushed against a major resistance at about 70% and returns are down.

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categories Articles, Forex, Forex signal, forex news | admin | datetime 13:07 | comments Comments (0)

USD / JPY during the day: an important resistance at 88th ST

Change Point (devaluation level): 88
We prefer: SELLING at 87.9 with price targets on the 87.45 and 87.2.
Alternative scenario: over 88, we expect further upward movements with 88.2 & 88.5 as price targets.
Technical Comment: the RSI is pushed against a major resistance at about 70% and returns are down.

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categories Articles, Forex, Forex signal, forex news | admin | datetime 13:07 | comments Comments (0)

AUD / USD intraday: bullish trend of 0887.

Change point (devaluation level): 0887
We prefer: long positions over 0887 with increased price targets on 0.9 & 0.9035.
Alternative scenario: below 0887, we expect further downside with 0.8775 & 0874 as price targets.
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 13:06 | comments Comments (0)

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

Pivot (devaluation level): 1,553
We prefer: BUY positions in 1554, with price targets at 1.5615 and 1.568.
Alternative scenario: below 1553, we expect further downside with 1.5445 & 1538 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 13:05 | 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.