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Forex Market Outlook on Majors
Tue, Apr 29 2008, 04:03 GMT
by AceTrader Team
AceTrader 1-wk TRIAL
www.AceTraderFX.com 24-Hr Real-time Signals Consistent Performance Intra-day, Daily, Weekly. with Email Alerts Function Try 1-week for $25 USDINTRA-DAY GBP/USD OUTLOOK: 1.9895
Updating time :29 Apr 2008 02:31 GMT
Despite trading narrowly but with a soft under-
tone in Asia after y'day's rally to 1.9965, a firm
break of indicated initial sup at 1.9880/90 needed
to signal the nr term rise fm 1.9677 (Friday) has
ended n yield further weakness to 1.9840/50 later.
Stand aside for now n look to sell cable on
intra-day recovery for day trade...
Range Forecast
1.9885 / 1.9915
Resistance/Support
R: 1.9965/1.9999/2.0029
S: 1.9877/1.9855/1.9803
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Published on Wed, Apr 30 2008, 03:33 GMT
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Published On Fri, Jul 3 2009, 04:03 GMT - Forex Market Outlook on Majors
Published On Fri, Jul 3 2009, 03:51 GMT - Forex Market Outlook on Majors
Published On Thu, Jul 2 2009, 06:22 GMT - Forex Market Outlook on Majors
Published On Tue, Jun 30 2009, 06:17 GMT - Forex Market Outlook on Majors
Published On Mon, Jun 29 2009, 07:03 GMT
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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2009 "FXstreet.com. The Forex Market" All Rights Reserved.