•  
  • New York 01:27
  • London 05:27
  • Barcelona 06:27
  • Tokyo 14:27
  • Sydney 16:27
  • SignUp | Login

Forex Market Outlook on Majors

Mon, Jul 6 2009, 08:47 GMT

AceTrader  |  View company's profile


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 USD
Vote:

0

0

INTRA-DAY GBP/USD:

Last Update At 06 Jul 2009 08:26 GMT

Rate :  1.6112

Although cable's cross-inspired selloff to
1.6100 suggests decline fm 1.6745 top to retrace
recent upmove has resumed n marginal weakness below
said sup cannot be ruled out, o/sold condition wud
limit downside to 1.6077 n yield rebound.

Stand aside in the meantime n look to sell
again on recovery as 1.6187 (prev. sup) wud hold..

Range Forecast
1.6100 / 1.6140

Resistance/Support

R: 1.6187/1.6259/1.6328
S: 1.6100/1.6077/1.6000


Trendsetter Financial Markets Ltd. | Room 1309 - 1311, 13/F., Tai Yau Building, No. 181 Johnston Road, Wan Chai, Hong Kong.
http://www.AceTraderFX.com | cs@acetrader.com

Archive


Legal disclaimer and risk disclosure

Trendsetter does not warrant or guarantee the accuracy, timeliness or completeness to its service or information contained therein. Trendsetter does not give, whatsoever, warranties, expressed or implied, to the results to be obtained by using its services or information it provided. Users are trading on their own risk and Trendsetter shall not be responsible under any circumstances for the consequences of such activities. Trendsetter and its affiliates, in no event, be liable to users or any third parties for any consequential damages, however arising, including but not limited to damages caused by negligence whether such damages were foreseen or unforeseen.
Vote:

0

0

Related reports

Market Morning Briefing by Kshitij Consultancy Services
Fri, Mar 19 2010, 03:37 GMT

The short-term outlook is slightly bearish for the European by CME Group
Fri, Mar 19 2010, 03:17 GMT

Greek Struggles Pressure Euro; May have to Turn to IMF for Help by ForexHound.com
Fri, Mar 19 2010, 02:25 GMT

USD Gains on Greece Flare Up by Easy Forex
Fri, Mar 19 2010, 01:22 GMT

Currency Majors Technical Perspective by FXstreet.com Independent Analyst Team
Thu, Mar 18 2010, 23:04 GMT

gbpusd

[ View All ]

Related content

Sad session when cable has a 17 pip range
Forex Live | Fri, Mar 19 2010, 03:37 GMT

Forex: GBP/USD falls and trades at 1.52452
FXstreet.com | Fri, Mar 19 2010, 00:37 GMT

GBP/USD above 1.5230 support
FXstreet.com | Thu, Mar 18 2010, 23:23 GMT

Forex: EUR/USD recovery finds resistance at 1.3635
FXstreet.com | Thu, Mar 18 2010, 19:07 GMT

Forex: GBP/USD dips below 1.5240 to fresh daily lows
FXstreet.com | Thu, Mar 18 2010, 15:40 GMT

gbpusd

[ View All ]

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

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.

©2010 "FXstreet.com. The Forex Market" All Rights Reserved.