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 - 20/07/2009

View previous topic View next topic Go down

Forexpros.com Daily Analysis - 20/07/2009

Post by ForexAnalysis on Mon Jul 20, 2009 12:41 pm

Forexpros.com Daily Analysis - July 20th, 2009

Free, Live Forex Webinars Tomorrow and Thursday!

Tomorrow: Watch How the Pros Trade!
Hosted by: Richard Regan of Pro Trading Europe
Date: Thu, Jul 21, 2009, 18:00 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!

Click HERE to register and watch for free!

NOTICE: This webinar was originally scheduled for today (jul 16) but has been postponed to Tuesday.


EUR/USD The pair pushed above 1.4160 to 1.4180 but has retreated for the time being. A rise above 1.4180 would target 1.4200 a major resistance level.

A break of that resistance level would target May highs at 1.4340 (not necessarily today). Intermittent resistance is likely at 1.4230 and 1.4270.

Support lies at 1.4150-1.4140. 1.4100, 1.4060 and 1.4030 provide support beyond.


USD/JPY The pair has broken above the 94.50 resistance area and is currently at a another resistance level, 94.65. A continued push above 94.75 would indicate strength and likely another swing higher.

95.00 should offer some resistance, followed by 95.50.

Support is likely by 94.15, then 93.80 and 93.50.

Analysis by:
Forexpros.com - Written by Cory Mitchell

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.


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