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  1. GBPUSD rebounded strongly from 1.5484

    by , 07-01-2012 at 09:37 PM (Free Forex Market Analysis)
    GBPUSD rebounded strongly from 1.5484, suggesting that a cycle bottom had been formed on 4-hour chart. Further rise to test 1.5776 resistance could be expected, a break above this level will signal resumption of the uptrend from 1.5268, then next target would be at 1.6000 area. However, as long as 1.5776 resistance holds, the rise from 1.5484 could possibly be correction of the downtrend from 1.5776, and another fall towards 1.5268 is still possible.



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  2. Gold and Silver Weekly Outlook for July 2-6

    by , 07-01-2012 at 04:51 PM
    Last week gold and silver prices continued to zigzag with an unclear trend until Friday when both metals along with the rest of other markets including forex, commodities and stocks hiked. The EU Summit and the conclusion from it had a lot to do with rally. Will commodities continue to rise this upcoming week? This upcoming week there are several publications on the agenda that may affect gold and silver prices. The main events will revolve around U.S employment report (non-farm payroll report), U.S manufacturing and non-manufacturing PMI, Euro Area interest rate decision, jobless claims, and Canada's employment report.

    For the rest of the Gold and Silver Prices Weekly Outlook
    Tags: gold, gold prices
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  3. Weekly Outlook (2012 Jul 2 to Jul 6)

    by , 07-01-2012 at 11:55 AM (DaytradingBias.com Forex Commentaries)
    [url="http://www.daytradingbias.com/?page_id=1093"]Weekly Outlook[/url] on the majors for the week of Jul 2 to Jul 6 is ready.

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    Tags: usd/cad
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  4. GBP/USD Outlook July 2-6

    by , 07-01-2012 at 07:41 AM
    The British pound gained slightly over one cent against US dollar, as GBP/USD closed just shy of the 1.57 mark, at 1.5698. The upcoming week has nine releases. Here is an outlook for the upcoming events, and an updated technical analysis for GBP/USD.

    The pound moved up sharply at the end of last week, following the surprise announcement at the EU Summit. At the Summit, the leaders announced measures designed to combat the debt crisis and aid struggling EZ members, notably, allowing for the direct recapitalization of banks from Euro-zone rescue funds.

    Read the rest of the article [B][I][URL="http://www.forexcrunch.com/gbpusd-outlook-july-2-6/"]GBP/USD Outlook July 2-6[/URL][/I][/B]
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