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Forex Market General Overview
The Forex market general overview includes discussion and analysis of the economic prospects of a single country's currency.Technical
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0votesPatternMain Trend: DownMain Trend Top: 1.9965 (04-28-08)Main Trend Bottom: 1.9362 (05-14-08)Current Pattern: Reversal Bottom 1.9362 ...... Read More
0votesPatternMain Trend: DownMain Trend Top: 1.9965 (04-28-08)Main Trend Bottom: 1.9362 (05-14-08)Current Pattern: Reversal Bottom 1.9362 ...... Read More
0votesPatternMain Trend: DownMain Trend Top: 1.9965 (04-28-08)Main Trend Bottom: 1.9362 (05-14-08)Current ...... Read More
0votesPattern Main Trend: DownMain Trend Top: 1.9852 (05-23-08)Main Trend Bottom: 1.9362 (5-14-08) Current Pattern: Lower Top Price ...... Read More
0votesPattern Main Trend: DownMain Trend Top: 1.9852 (05-23-08)Main Trend Bottom: 1.9362 (05-14-08) Current Pattern: Lower ...... Read More
0votesOvernight, GBP/USD held a test of a 50% price at 1.9607 and is now in a position to retrace to 1.9724 - 1.9754. Another sign of developing strength is the regaining of an uptrending Gann angle at ...... Read More
0votesPattern Main Trend: DownMain Trend Top: 1.9852 (05-23-08)Main Trend Bottom: 1.9362 (05-14-08) Current Pattern: None Price ...... Read More
0votesPattern Main Trend: DownMain Trend Top: 1.9852 (05-23-08)Main Trend Bottom: 1.9362 (05-14-08) Current Pattern: Reversal Bottom 1.9460 (06-05-08) Price ...... Read More
0votesThe Main Trend is down. The Main Trend turns up on a trade through 1.9801. Look for an acceleration to the downside if 1.9460 is penetrated.This pair is trading inside of three ...... Read More
0votesBuyers came into this oversold pair at 1.9408 in front of three major bottoms at 1.9362 (05-14-08), 1.9360 (02-20-08) and 1.9336 (01-22-08). The GBP/USD chart pattern suggests a 50% retracement of ...... Read More
0votesTraders once again defended the attempt to break the British Pound through a series of main bottoms. Four main bottoms at 1.9408 (06-13-08), 1.9362 (05-14-08), 1.9360 (02-20-08) and 1.9336 ...... Read More
0votesOvernight, the GBP/USD crossed to the strong side of a major downtrending Gann angle from the 2.0398 (03-14-08) top. Although the main trend is still down, this move puts the market in a position to ...... Read More
0votesThe Set UpThe GBP/USD begins the week inside of the Main Range of 2.0398 (03-14-08) to 1.9362 (05-14-08). This range has created a retracement zone at 1.9880 to 2.0002.The Minor Range is ...... Read More
0votesThe GBP/USD is trading inside of tight range today ahead of the FOMC meeting results. The Main Range is 1.9801 to 1.9408 with a mid-point at 1.9605. Gann angle resistance is at ...... Read More
0votesAnalysis The uptrend continued overnight in GBP/USD. This pair is holding a major support angle at 1.9888. This angle is controlling the short-term direction of the ...... Read More
0votesGBP/USD failed to hold a key uptrending support angle overnight at 1.9928 indicating weakness. The charts indicates that downside momentum may trigger a further decline to 1.9880, then ...... Read More
0votesAnalysis Since the main trend bottom at 1.9488 (06-13-08), the GBP/USD has been walking up a Gann angle at 1.9968 today. Wednesday's sell off was triggered when this angle was broken. The ...... Read More
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