2012 February 05 | Forex Trading System

Swing Technicals- GBP/USD to Resume Uptrend at 1.5702?

Sun, Feb 5, 2012

CURRENCYCURRENT BIASPOTENTIAL STRATEGYEUR/USD (Medium Term)Wait for triangle breakout to determine near term bias.GBP/USD (Medium Term)Buy GBP/USD at 1.5702. Stop at 1.5676. Profit target at 1.5742.USD/JPY (Medium Term)Watch for a new opportunity to emerge; a drop below 75.50 would be very bearish.USD/CHF (Medium Term)Watch for a new opportunity to emerge.USD/CAD (Medium Term)Watch for a new opportunity [...]

GBP/USD Buy Signal At 1.5678

Sun, Feb 5, 2012

Here’s an example of a buy signal on the GBP/USD hourly chart at 1.5678. The Pound/Dollar hit a high of 1.5881 (+203 pips) before retracing back to recent levels (1.5812). Next resistances at 1.5890, followed by 1.6090.

CHF/JPY to Resume Downtrend at 83.79?

Sun, Feb 5, 2012

A bearish Gartley pattern on the CHF/JPY may provide an opportunity to go short within the recent longer term downtrend. Commentary from Brad Gareiss and Matt Weller, Technical Analysts, GFT latest forex analysis

M	T	W	T	F	S	S
« Jan				Mar »
		1	2	3	4	5
6	7	8	9	10	11	12
13	14	15	16	17	18	19
20	21	22	23	24	25	26
27	28	29

February 5th, 2012

Swing Technicals- GBP/USD to Resume Uptrend at 1.5702?

GBP/USD Buy Signal At 1.5678

CHF/JPY to Resume Downtrend at 83.79?

Calendar

Try ForexScanner PRO

Recent Posts

Recent Comments

Popular Posts