The Fusion Media Network: |
 |
Welcome,
Guest!
- BROKERS
Main Directory Promotions Interviews Compare Demo Accounts Live Accounts - SOFTWARE
Main Charts Signals Trading Platforms - FUND MANAGERS
Main - EDUCATION
Main - MEMBERSHIP
Technical
Central Banks
Forex Brokers
Precious Metals
By: Crown Forex - 26-08-2008
0votesgold
Returning to trade below the 824.60 level at the 23.6% correctional level make us expect a sideways pattern for today but with tendency to the downside. Expectations to the downside have become greater as the medium term trend is to the downside as well. If trading continues below the mentioned correction level, the metal will reach the 800 level at the very least.
The trading range for today might extend among the support level at 783.35 and the resistance level at 845.50
The general trend remains to the downside as far as 730.00 remains intact with targets at 983.00 and 1016.00Support 810.45 806.50 805.00 799.50 786.95 Resistance 824.60 830.20 836.00 843.00 845.50 Recommendation ...
silver
As the pair couldn't trade above the 13.90 level, it consolidated sideways around the 13.36 level which is considered to be the pivot point on the intraday basis. We expect the continuation of this neutral pettern but with tendency to the downside where the break of 13.25 will initiate a short-term downside trend to reach the 12.50 level.
The trading range for today might extend among the support level at 12.45 and the resistance level at 14.27
The general trend remains to the downside as far as 18.30 remains intact with targets at 12.50 and 10.50Support 13.30 13.25 13.00 12.45 12.12 Resistance 13.60 13.90 14.15 14.27 14.84 Recommendation ..
Next Analysis: Energy MarketsContent Provided by:
Crown Forex
CROWN FOREX SA, located at St-Hubert 38, 2854 Bassecourt, P.o.box 247, Switzerland, is fully regulated as a financial intermediary under Swiss federal law on the prevention of money laundering (LBA, MLA). Our company is also affiliated with the ARIF association, thus overseen by the Swiss federal de
DISCLAIMER:
The above may contain information for investors/traders and is not a recommendation to buy or sell currencies, gold, silver & energies, nor an offer to buy or sell currencies, gold, silver & energies. The information provided is obtained from sources deemed reliable but is not guaranteed as to accuracy or completeness. I am not liable for any losses or damages, monetary or otherwise that result. I recommend that anyone trading currencies, gold, silver &energies should do so with caution and consult with a broker before doing so. Prior performance may not be indicative of future performance. Currencies, gold, silver &energies presented should be considered speculative with a high degree of volatility and risk
Become a member and get 6 free Forex courses by OTA! - Webinar
The presidential impact on the currency market 2008 year-end targets
Mon, Nov 24, 2008, 15:00 GMTTheLFB Trade Team The seasonal swings in equity, commodity, and forex global trade are going to play their part due to the last quarter ...
The theory and application of pattern recognition swing trading in the forex markets
Mon, Nov 24, 2008, 16:00 GMTLarry Pesavento This webinar by Larry Pesavento of The Trading Tutor will illustrate how to apply pattern recognition swing trading. ...
Understanding the limitations of Technical Analysis
Tue, Dec 2, 2008, 17:00 GMTJason Alan Jankovsky Provides a deeper look into the theory of Technical Analysis and why this information is inaccurate when ...- Charts
- Survey
What is your favorite type of promotion?
Browse The Entire ForexPros.com Site:
News
Charts
Quotes
Forex To Go
Forex Analysis
Languages
Forex Brokers
Fund Managers
Forex Trading Software
Education
Trading Tools
