Portal
 Index
 Memberlist
 Profile
 FAQ
 Search
Latest topics
Social bookmarking

Social bookmarking Digg  Social bookmarking Delicious  Social bookmarking Reddit  Social bookmarking Stumbleupon  Social bookmarking Slashdot  Social bookmarking Yahoo  Social bookmarking Google  Social bookmarking Blinklist  Social bookmarking Blogmarks  Social bookmarking Technorati  

Bookmark and share the address of forexgreenland - Forex forum,Forex training, Forex signals, Forex mgt accts on your social bookmarking website

Bookmark and share the address of Forexgreenland - Forex forum,Forex training, Forex signals, Forex managed accounts on your social bookmarking website


Forexpros.com Daily Analysis - 15/07/2009

View previous topic View next topic Go down

Forexpros.com Daily Analysis - 15/07/2009

Post by ForexAnalysis on Wed Jul 15, 2009 12:16 pm

Forexpros.com Daily Analysis - July 15th, 2009

[You must be registered and logged in to see this link.]

Watch How the Pros Trade!
Hosted by: Richard Regan of Pro Trading Europe
Date: Thu, Jul 16, 2009, 15:00 GMT

Pro trading offers a one-off, train-and-trade our capital solution. Head pro Richard Regan will discuss his trades of the day, why he got into them, why he got out, what trades he avoided and missed, and why. There will also be a 15-minute interaction session to ask Richard anything you want!


[You must be registered and logged in to see this link.] to register and watch for free!

---

[You must be registered and logged in to see this link.] The pair continued it's doldrums yesterday moving in a choppy fashion once again. Being in the middle of the range this is likely to continue.

Minor support is at 1.3960, 1.3930, 1.3910 and beyond this 1.3875. Volatility has decreased, but 1.3850 and 1.3825 could come into play with news out of the US today.

A push above 1.4020 would be needed to indicate a move to the former swing high at 1.4070. 1.4100 should provide resistance beyond, as well at 1.4150.

---


[You must be registered and logged in to see this link.] The pair is still meddling below the 94 resistance area. A closer test of this area is likely, but the overall bias is still down.

Although, a push above 94.00 would indicate move to 94.40. Further resistance is at 94.60 and 94.80.

After a test of 94, or the pair can not climb higher, a downward break below 93.30 would indicate a move back down. Initial target is 93 and beyond this 92.60. 92.20 is likely to provide support further down.


Analysis by:
[You must be registered and logged in to see this link.] - Written by Cory Mitchell

Disclaimer:
Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

ForexAnalysis

Male
Number of posts : 135
Location : india
Reputation : 0
Points : 216
Registration date : 2008-11-03

View user profile

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum