Being supported by the rising trend line from 1.4346 (Jun 8 low) to 1.5124, GBPUSD rebounded from 1.5535 level. Now the pair is forming a cycle...
GBPUSD rebounded from 1.5535
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Look for an Algo afternoon
In the forex market we don’t get the dog days of summer, we get the algoritim days of summer. Especially after a day like today, most treaders will head to the sidelines . That doeasn’t mean markets will quiet down. In fact, it often means quite the opposite. Machines are bloodless and...
Euro zone sentix index stronger than expected
Euro zone sentix index has come in at -27.0 in June from -34.3 in May, and better than the median forecast of -31.0. EUR/USD hasn’t garnered any real support from the data, languishing around 1.3865 at writing. Earlier a breach of the 21 dma at 1.3878 helped acclerate losses to a 1.3855...
USDCAD remains in consolidation of downtrend
USDCAD remains in consolidation of the downtrend from 1.0422 (Dec 14, 2011 high). Lengthier sideways movement in the range between 0.9841 and...
Forex Results 27th May '09 | WorldWideEarn
Expert Advisor Trading MegaDroid 1 Trade +17.19 (+15 Pips) Had a decent increase in lotsize since my last MD trade, so very happy with the. WorldWideEarn -...
EUR/GBP long term technicals
The 61.8% Fibo at .8490 should provide initial support but a break below there will target an interim low at .8260, which also coincides with the long term trend line. The previous important low at .8635 is now the first level of resistance with little behind there until...