The Fusion Media Network: |
 |
Welcome,
Guest!
- BROKERS
Main Directory Promotions Interviews Compare Demo Accounts Live Accounts Special Offer - SOFTWARE
Main Charts Signals Trading Platforms - FUND MANAGERS
Main Interviews - EDUCATION
Main - MEMBERSHIP
Technical
Central Banks
Forex Brokers
Trading Tools
Daily Analysis – GBP
By: Forexltd - 07-10-2008
0votesThe pre-planned positions for sell from key resistance range were realized with overlap of assumed targets. OsMA trend indicator, having marked the results of relatively high bearish activity level and strengthening of bullish resistance level gives reasons for assumptions about further rate correction but with preservation of bearish planning priorities for today as well. Hence considering the current bearish development cycle we assume attainment of lower boundary of Ichimoku cloud at 1.7660/80, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval. For short-term sells on condition of formation of topping signals the targets will be 1.7580/1.7600, 1.7500/20, 1.7440/60 and/or further breakout variant up to 1.7380/1.7400, 1.7320/40, 1.7280/1.7300. An alternative for buyers will be above 1.7740 with targets 1.7780/1.7800, 1.7860/80, 1.7940/60, 1.8000/20.
Next Analysis: Daily Analysis – JPYContent Provided by:
Forexltd
FOREX Ltd is a company at the industry forefront in terms of service quality. We have extensive market experience and a professional base who effectively apply their valua
Become a member and get 6 free Forex courses by OTA! - Charts
- Survey
How much are you willing to deposit with a fund manager?
Browse The Entire ForexPros.com Site:
News
Quotes
Forex Analysis
Forex Brokers
Forex Software
Live Events
Charts
Fund Managers
Education
Forex Forums
Languages
