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  1. USDCHF is facing 0.9600 resistance

    by , 06-24-2012 at 11:54 PM (Free Forex Market Analysis)
    USDCHF is facing 0.9600 resistance, as long as this level holds, the bounce from 0.9421 could be treated as consolidation of the downtrend from 0.9769, and another fall to 0.9300 is still possible after consolidation. However, a break above 0.9600 resistance will indicate that the fall from 0.9769 has completed at 0.9421 already, and the longer term uptrend from 0.8931 (Feb 24 low) has resumed, then another rise towards 1.0000 could be seen.



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  2. DAILY FORECAST FOR GBPUSD

    by , 06-24-2012 at 09:44 PM (The Daily Forecaster)
    [B]BIAS[/B]: We should be expecting a pullback higher today…

    [B]Resistance[/B]:... 1.5596-10... 1.5634... 1.5655-60... 1.5674
    [B]Support[/B]:........ 1.5557-62... 1.5524... 1.5498........ 1.5452

    [B]MAIN ANALYSIS[/B]: Friday's pullback was a bit deeper than expected, clipping above 1.5610-20 to 1.5634 and it was from there that we saw the move down to 1.5556 but instead of edging lower it stalled and price remains above Friday's low. Whether it can make one more dip is a bit uncertain. While 1.5696-10 caps there is a chance and then we'd have to allow for the 1.5524-30 area (max 1.5498) before the correction higher develops. Directly above 1.5610 would see a recovery to the 1.5634-60 area. I feel this ...
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  3. GBP/USD Outlook June 25-29

    by , 06-24-2012 at 11:54 AM
    The British pound lost about 150 pips against the US dollar, as GBP/USD closed at 1.5571. The upcoming week is very busy, with 13 releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD.

    The pound was hurt by last week’s Claimant Count Change, which hit an eight-month high. This indicates that the UK economy is having difficulty creating jobs, which severely hampers economic growth.

    Read the rest of the article [B][I][URL="http://www.forexcrunch.com/gbpusd-outlook-june-25-29/"]GBP/USD Outlook June 25-29[/URL][/I][/B]
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  4. Weekly Outlook (2012 Jun 25 to Jun 29)

    by , 06-24-2012 at 11:27 AM (DaytradingBias.com Forex Commentaries)
    [url="http://www.daytradingbias.com/?page_id=1093"]Weekly Outlook[/url] on the majors for the week of Jun 25 to Jun 29 is ready.

    Premium reports on the pair [color=green][b]AUDUSD[/b][/color] FREE to all members this week.

    [url="http://www.daytradingbias.com/?page_id=399"]Sign up now[/url] - membership has its privileges.

    [B]DaytradingBias.com[/B] [COLOR="DarkGreen"]Know your odds [/COLOR][COLOR="Red"]before [/COLOR][COLOR="DarkGreen"]you trade[/COLOR]
    Breakthrough Research [URL="http://www.daytradingbias.com/?p=207"]Special Theory of Price Discovery[/URL]
    Special Report [URL="http://www.daytradingbias.com/?p=484"]Market Bias Detective - Forex Daytrading Time Map Vol. 1[/URL]
    Tags: aud/usd
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