INTRA-DAY GBP/USD SIGNAL By AceTrader
Posted 07-24-2009 at 03:16 AM by AceTrader
INTRA-DAY GBP/USD:
http://www.acetraderfx.com
Last Update At 24 Jul 2009 05:59 GMT
Rate : +1.6520+
Although intra-day choppy trading shud continue
after y'day's decline fm 1.6587 to 1.6467 (Aust.),
as this move signals a correction of recent erratic
upmove has taken place, nr term downside bias still
remains but reckon 1.6435/40 wud contain weakness.
Sell on recovery for 1.6475 n if cable drops to
1.6455 1st, buy for subsequent bounce to 1.6500.
Range Forecast
+1.6500 / 1.6530+
Resistance/Support
R: 1.6545/1.6587/1.6622
S: 1.6435/1.6311/1.6266
http://www.acetraderfx.com
Last Update At 24 Jul 2009 05:59 GMT
Rate : +1.6520+
Although intra-day choppy trading shud continue
after y'day's decline fm 1.6587 to 1.6467 (Aust.),
as this move signals a correction of recent erratic
upmove has taken place, nr term downside bias still
remains but reckon 1.6435/40 wud contain weakness.
Sell on recovery for 1.6475 n if cable drops to
1.6455 1st, buy for subsequent bounce to 1.6500.
Range Forecast
+1.6500 / 1.6530+
Resistance/Support
R: 1.6545/1.6587/1.6622
S: 1.6435/1.6311/1.6266
Total Comments 1
Comments
-
深圳市创佳国际货运代理有限公司
一创-最佳服务为宗旨
与全球各地船务公司都有合作
现已取得喜人成果
Home -
www.cjigroup.net.cn
дѹʻ˴˾
tel: 0755-82640880
欢迎各位新老客户咨询洽谈Posted 07-24-2009 at 04:40 AM by sss4749488
Bio: Trendsetter commentaries on DLR/DMK first appeared on Reuters page AABB in 1984. Since then, Trendsetter has come a long way. As a global specialist data provider, their coverage now extends to more than 20 different instruments with a primary focus on the Foreign Exchange market, serving a wide range of users from professional investors, corporations, and top-tier banks in over 60 countries. Forex dealers in the world's leading banks now regularly use Trendsetter's trading recommendations.
Trading Methodology: "Dynamic Trading Approach" is the technical analysis methodology that was developed in-house by Wilson Leung and Trendsetters analysts throughout the years. It has been time-tested and is used by their clients, which include banks in over 60 countries, through the Reuters network. It enables them to identify emerging trends early on, often capturing highs or lows, and helps their users trade with the new trend before others notice it.
Dynamic Trading Approach is a synergic combination of:
Trading Methodology: "Dynamic Trading Approach" is the technical analysis methodology that was developed in-house by Wilson Leung and Trendsetters analysts throughout the years. It has been time-tested and is used by their clients, which include banks in over 60 countries, through the Reuters network. It enables them to identify emerging trends early on, often capturing highs or lows, and helps their users trade with the new trend before others notice it.
Dynamic Trading Approach is a synergic combination of:
- Trend analysis and pattern recognition
- Trend following indicators and oscillators (includes Exponential Moving Averages, Bollinger Bands, MACD, DMI, ADX, RSI & Stochastics)
- Retracements and projections
- Elliott Wave Theory
