GBPUSD’s rise from 1.4948 extends to as high as 1.5296 level. Further rally is still in favor later today and target would be at 1.5400 area....
GBPUSD’s rise from 1.4948 extends to 1.5296
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Blogging About Forex for 3 Years
Today is the 3rd anniversary of the EarnForex blog. 3 years ago I’ve made my first post (which was less than anything meaningful) to this blog. Many posts have been made since then and I hope that the quality of the content has also improved since 2006....
GBP/JPY Daily Forex Technical Outlook
Daily Pivots: (S1) 140.34; (P) 141.73; (R1) 143.76 GBP/JPY recovers after dropping to as low as 139.72. An intraday low should be in place with 143.15 minor resistance broken with 4 hours MACD crossed above signal line. Some consolidations could now be seen but upside is expected to be limited...
Forex Training Online: Forex Training Online: USD Rallies as Job ...
Forex Trading Recommendation, Forecast, Trading Signal, Forex Training Course, Education, Tutorial, FX Book, Forex ebooks, Learn to Trade Forex, FX Guide, Currency Rates, Forex Secret, Forex Brokers, Currency Trading System, ... Forex Training Online -...
Day-range strategy is improved by removing profit target. Profit distribution may lose second moment.
I continue developing ways of using Danica's output for profitable trading. The strategy of combining protective stop with a profit target, setting these at the extremes of the previous trading day and trading in the direction of the forecast (referred to as the Day Range strategy and reported in...
Slow start to week for Asia; sterling weakness a feature
There hasn’t been too much change in overnight Asian trade. Sterling weakness is a feature as the market frets about the future of Prime Minister Gordon Brown. Cable is down at 1.5930 from a North American close Friday around 1.5980, while EUR/GBP is up at .8780 from around .8740. Interesting...