Home » Posts tagged "broker forex trading" (Page 2)

Pounds to Dollars Forex 16 Juy 2010

The gbp usd continued its recent short term bullish trend, helped along by the FED’s minutes, ending yesterday’s trading session as a wide spread up candle which touched USD1.5472 as the high of the day and closed marginally below this level at the end of...

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Pounds to Dollars Forex Forecast 13 July 2010

The pounds to dollars pair continues to cling on at the USD1.50 price region as the daily begins to look increasingly weak, but clearly not yet ready to capitulate. Yesterday’s price action, whilst ending the trading session marginally lower, still evidenced a lingering bullish sentiment,...

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Pounds to Dollars Forex Forecast 12 July 2010

Last week’s price action for sterling was characterised by sideways price consolidation confined to a narrow trading range which appears to have resistance at the USD1.5241 price region, a price level that has been challenged on several occasions.  This level now appears to have created...

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Pounds to Dollars Forex Forecast 8 July 2010

Once again yesterday the pounds to dollars pair struggled to breach the USD1.5227 price handle which is now forming a critical level of potential resistance to any move higher with yesterday’s candle closing as a small doji cross, indicative of an indecisive market and one...

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Pounds to Dollars Forex Forecast 7 July 2010

Cable continued to limp towards the USD1.52 price point but fell back exhausted as the pair begins to run into potential resistance at this level and above, closing the day as a narrow spread up candle but with a small to the upper body.  Yesterday’s...

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Pounds to Dollars Forex Forecast 6 July 2010

Despite yesterday’s minor pullback for the pound to dollar pair cable continues to defy expectations as it struggles higher in a long, slow gradual uptrend.  Yesterday’s price action, whilst restrained, once again featured the 9 day moving average which provided support to a test of...

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GBP USD Forex Trading Chart 2 July 2010

Cable continues to push higher with yesterday’s wide spread up candle adding considerable momentum to the bullish trend which has now been firmly established as a result.  Yesterday’s low found strong support from the 14 day moving average with the close of the day finishing...

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Pounds to Dollar Forex Chart 2 July 2010

A minor pullback for sterling on Wednesday  which closed the forex trading session back below the psychological USD1.50 once again in a modest upwards trend. However, despite the lack of momentum this bullish sentiment seems set to continue with yesterday’s down candle finding support from...

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Pounds to Dollars 29 June 2010

The pounds to dollars pair continued to ease higher in yesterday’s trading session confirming once again the short term bullish sentiment for sterling as we move above the significant USD1.50 price region, closing well above all three short term moving averages as a result.  Of...

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Pound Dollar Forex Forecast 22 June 2010

The pound dollar continues to trade in a narrow range and marginally above our three shorter term moving averages but well below the 200 day moving average.  Whilst yesterday’s candle gave a bearish signal of weakness this has been largely offset by today’s price action...

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