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Forex Trades 09/28 - US session - by [URL="www.forexticket.us"]Forex ticket[/URL] (ex [URL="http://www.mataf.net"]mataf.net[/URL])
[b][img]http://www.forexticket.us/images/_V3img/fleches/up_arrow_16.png[/img] [url="http://www.forexticket.us/en/forex/eurusd"]EUR/USD - Euro / US Dollar[/url][/b]
[b]Entry[/b]: 1.292
[b]Stop[/b]: 1.29
[b]Resistances[/b]: 1.3085 - 1.304 - 1.297
[b]Supports[/b]: 1.276 - 1.284 - 1.2905

[b][img]http://www.forexticket.us/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.forexticket.us/en/forex/usdchf"]USD/CHF - US Dollar / Swiss Franc[/url][/b]
[b]Entry[/b]: 0.936
[b]Stop[/b]: 0.938
[b]Resistances[/b]: 0.9415 - 0.9375 - 0.9365
...

Following the decline of precious metals during most of the week, they have changed direction as both gold and silver pulled up on Thursday along with the rest of the market including oil prices, the Euro and major stock markets. This rally came despite the lower than anticipated growth in GDP for the U.S during the second quarter 2012. The recent news from Spain that the country is ready to pass new austerity plans may have contributed to the rally of the Euro. U.S jobless claims declined by 26k; this news may have also helped rally the commodities and stock markets. Currently, gold is falling. On today's agenda: German Retail Sales, KOF Economic Barometer, Canada's GDP by Industry and UoM Consumer Sentiment.

On Thursday, ...

Forex Trades 09/28 - European session - by [URL="www.forexticket.co.uk"]Forex ticket[/URL] (ex [URL="http://www.mataf.net"]mataf.net[/URL])
[b][img]http://www.forexticket.co.uk/images/_V3img/fleches/up_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/eurusd"]EUR/USD - Euro / US Dollar[/url][/b]
[b]Entry[/b]: 1.293
[b]Stop[/b]: 1.2905
[b]Resistances[/b]: 1.304 - 1.297 - 1.294
[b]Supports[/b]: 1.275 - 1.2835 - 1.291

[b][img]http://www.forexticket.co.uk/images/_V3img/fleches/down_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/usdchf"]USD/CHF - US Dollar / Swiss Franc[/url][/b]
[b]Entry[/b]: 0.936
[b]Stop[/b]: 0.938
[b]Resistances[/b]: 0.9412 - ...

USDCHF may be forming a cycle top at 0.9417 on 4-hour chart. Key support is now at 0.9325, a breakdown below this level will indicate that the rise from 0.9239 has completed, and the longer term downtrend from 0.9971 (Jul 24 high) has resumed, then further decline towards 0.9000 could be seen. On the other side, as long as 0.9325 support holds, the pair remains in short term uptrend from 0.9239, one more rise to 0.9500 area is still possible.



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