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  1. DAILY FORECAST FOR GBPUSD

    by , 06-07-2012 at 09:27 PM (The Daily Forecaster)
    [B]BIAS[/B]: We should have seen the high yesterday and I expect losses to develop

    [B]Resistance[/B]:... 1.5535-45... 1.5582........ 1.5600... 1.5623
    [B]Support[/B]:........ 1.5510........ 1.5475-85... 1.5453... 1.5429

    [B]MAIN ANALYSIS[/B]: While price dipped a little lower than expected to 1.5429 we did then get the rally to the high end of the 1.5578-02 target area as advised. There is only minor risk of seeing 1.5623 but more risk that we're going to see a choppy decline. The first dip should be down to the 1.5475-85 area from where we should expect a pullback higher. Below is also the 1.5429 swing low that should hold on first test. In the longer run I suspect this correction could extend down to ...
    Attached Thumbnails Attached Files
  2. Forex Trades 06/07 - US session

    by , 06-07-2012 at 07:09 AM (Currency Majors Technical Analysis)
    Forex Trades 06/07 - 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/down_arrow_16.png[/img] [url="http://www.forexticket.us/en/forex/eurusd"]EUR/USD - Euro / US Dollar[/url][/b]
    [b]Entry[/b]: 1.2585
    [b]Stop[/b]: 1.263
    [b]Resistances[/b]: 1.274 - 1.2675 - 1.2605
    [b]Supports[/b]: 1.244 - 1.2485 - 1.254

    [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]: 0.955
    [b]Stop[/b]: 0.9585
    [b]Resistances[/b]: 0.965 - 0.9595 - 0.957 ...
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  3. EUR/USD Climbs on High Hopes for Spanish Solution, QE3

    by , 06-07-2012 at 06:06 AM
    EUR/USD is trading higher, in anticipation on some solution for Spain and hopes for hints about more QE in the US. As widely expected, the ECB did not lower interest rates on Wednesday. The markets were hoping for a reduction of 0.25%, although few were surprised that rates stayed put. After the interest rate decision, ECB head Draghi again called upon the EZ governments to take action to stabilize the EZ and the euro. Today’s Spanish government debt auction went well, raising slightly more funds than expected. Other key releases today include US Unemployment Claims and Fed Chairman Beranke’s testimony before the Joint Economic Committee in Washington.

    Here’s an update on technicals, fundamentals and what’s going on in ...
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  4. Forex Trades 06/07 - European session

    by , 06-07-2012 at 02:16 AM (Currency Majors Technical Analysis)
    Forex Trades 06/07 - 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/down_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/eurusd"]EUR/USD - Euro / US Dollar[/url][/b]
    [b]Entry[/b]: 1.2555
    [b]Stop[/b]: 1.2595
    [b]Resistances[/b]: 1.2685 - 1.263 - 1.2585
    [b]Supports[/b]: 1.244 - 1.248 - 1.2545

    [b][img]http://www.forexticket.co.uk/images/_V3img/fleches/up_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/usdchf"]USD/CHF - US Dollar / Swiss Franc[/url][/b]
    [b]Entry[/b]: 0.9565
    [b]Stop[/b]: 0.9525
    [b]Resistances[/b]: 0.97 ...
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