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Intraday Forex Signal by AceTrader - GBP/USD

Posted 03-11-2009 at 03:14 AM by AceTrader (Forex Trading Signals)
Intraday Forex Signal by AceTrader - GBP/USD

Rate: 1.3721

Updating time : 11 Mar 2009 07:07 GMT

Despite intra-day brief fall to 1.3655, lack of
follow through n current rebound suggest temp. low
has possibly been formed n consolidation abv there
with upside bias is seen but break of 1.3750 needed
to confirm n bring retrace. to 1.3780/85.

Buy dips with stop as indicated, break wud risk
one more decline to 1.3630/40 b4 correction...

Range Forecast
1.3695 / 1.3730

Resistance/Support
R: 1.3748/1.3807/1.3853
S: 1.3655/1.3600/1.3500

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Eur/Usd: Challenging Resistance Levels

Posted 03-11-2009 at 09:25 AM by Casey Stubbs (Winners Edge Trading Daily insights)
Updated 03-11-2009 at 09:31 AM by Casey Stubbs (misspelling)
9:00 am Est

Casey Stubbs -- Winners Edge Trading

The Euro has been gaining verses the Dollar and has surpassed several resistance levels. The pair is currently challenging the 1.2824 level and if the price goes through that we could see upward target of 1.2899.

If the pair does not break the 1.2824 we have support and 1.2700 and 1.2615

10 Min Chart
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Forex Market Update

Posted 03-11-2009 at 11:10 PM by Casey Stubbs (Winners Edge Trading Daily insights)
Casey Stubbs-- Winners Edge Trading
Eur/Usd - currently trading at 1.2834 and there was early corrections at the beginning of the Asian session. The current support levels are at 1.2755, 1.2720 and then 1.2680

The resistance levels at 1.2898, 1.2946 and 1.3000.

Usd/Jpy– Japanese yen is moving to the downside, and is challenging 97.00 to test the 96.60 level. Resistances from will be at 97.40, 97.87 and above 98.20.

Gbp/Usd – The Pair has rebounded off of lows, and is above 1.3860. The 1.3890 level is a key resistance level if that level breaks we could see a target of 1.3946 and above to 1.4000. supports are 1.3800, 1.3766, 1.3710 and 1.3685.
Tags: dollar, euro, forex, pound, yen
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AUDUSD remains in short term uptrend from 0.6284

Posted 03-15-2009 at 09:41 PM by ForexCycle.com (Free Forex Market Analysis)
AUDUSD remains in short term uptrend from 0.6284. Further rise is still possible to 1.6700 zone later to days. Near term support is now located at the lower border of the price channel on 4-hour chart. Break below the channel support will indicate that a short term cycle top has been formed and then pullback could be seen to 0.6350 zone.



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