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Forex Trades 07/20 - European session
[b][img]http://www.mataf.net/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.mataf.net/en/forex/gbpusd"]GBP/USD - British Pound / US Dollar[/url][/b]
[b]Entry[/b]: 1.5265
[b]Stop[/b]: 1.529
[b]Resistances[/b]: 1.5475 - 1.5325 - 1.527
[b]Supports[/b]: 1.496 - 1.5085 - 1.521

[b][img]http://www.mataf.net/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.mataf.net/en/forex/eurjpy"]EUR/JPY - Euro / Yen[/url][/b]
[b]Entry[/b]: 112.9
[b]Stop[/b]: 113.4
[b]Resistances[/b]: 14.15 - 113.3 - 113.1
[b]Supports[/b]: 110.9 - 111.5 - 112.15

[b][img]http://www.mataf.net/images/_V3img/fleches/up_arrow_16.png[/img] ...

EURUSD Forecast
The EURUSD didn’t make significant movement yesterday. The bullish momentum so far unable to make a break above 1.3000 resistance area but the bullish phase remains intact. The bias remains neutral in nearest term. As you can see on my h4 chart below we have a flag formation indicating potential bullish scenario especially if price break above the flag and 1.3000 area targeting 1.3120. Immediate support at 1.2900. Consistent move below that area could trigger further bearish pressure testing 1.2750 region.




GBPUSD Forecast
The GBPUSD continued its bearish pressure yesterday, bottomed at 1.5202 and closed at 1.5227 after failed ...

INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.8765

Last Update At 20 Jul 2010 02:33 GMT

Aussie's intra-day anticipated firmness suggests
the rise fm y'day's 0.8633 low to retrace decline
fm last wk's top at 0.8871 remains in progress n
further gain twd 0.8780/90 is seen but 0.8808 res shud cap upside in Asia n yield retreat later.


Buy again on dips with stop as indicated n only
below 0.8711 signals intra-day top is made, 0.8680.


Range Forecast
0.8745 / 0.8775

Resistance/Support
R: 0.8780/0.8808/0.8850
S: 0.8711/0.8655/0.8633

http://www.acetraderfx.com

[B]Bias: [/B] While 0.8705-15 supports this should extend to 0.8770 and later 0.8806

Price didn't quite meet the 0.8623 support and saw a move higher yesterday that has extended further today. While 0.8705-15 supports this can extend further to 0.8770 initially and after a correction to around 0.8730 then see another push higher to 0.8806. I feel this higher area is likely to cap for a correction lower. Only directly above 0.8810 would maintain the bullish momentum above 0.8830 and then 0.8869-79... Then note resistance at 0.8900-25.

Only below 0.8700 would break the bullish structure and imply losses down through 0.8690 & 0.8654 towards the 0.8632 low again.

Please view the complete analysis in ...

Attached Files

• The Brief Daily Forecaster.pdf (27.8 KB, 96 次查看)