EUR/USD
Date: Tue, 1 July 2008 12:30:05
Resistance levels: 1.5800/1.5850/1.5890
Support levels: 1.5730/1.5700/1.5630/1.5580
EUR/USD has reversed above 1.5770 earlier today Today focus will be on US ISM Manifacturing Index at 14:00 GMT The consensus is at 48.5 No change in our view. As long as price holds above 1.5730 first Support the uptrend remains intact for test towards towards 1.5840-50 area if the number comes out at 47.5 or lower and 1.5890 over the next trading sessions First important Resistance comes at 1.5840 On the other side, if the number comes out at 50.0 or higher ease back to 1.5730 first Support may be seen after the event later today
Strategy-neutral
GBP/USD
Date: Tue, 1 July 2008 12:30:04
Resistance levels: 1.9960/2.0020/2.0100
Support levels: 1.9900/1.9850/1.9760/1.9730
GBP/USD has risen to 2.0 highs earlier today despite the disappointing UK PMI Index numbers No change in our view. The uptrend remains intact for further upmove higher towards 2.0020 in short term and 2.0100 over the next trading sessions On downside, stronger than expected fundamental data from USA may turn price back to 1,.9900-8900 area Trade from long side for test towards 2.0020 and 2.0100 in mid term
Strategy-neutral.
USD/JPY
Date: Tue, 1 July 2008 12:30:03
Resistance levels: 106.00/106.50/107.20
Support levels: 105.50/105.00/104.20
USD/JPY has tested 105.00 our down target over the last trading sessions as it was suggested in our previous reports On downside, the bias remains bearish and retest of 105.00 may be seen later today and then 104.20 in mid term On the other side, first Resistance stands near 106.00, however, a break above 106.50 is required to confirm reversal in the bias for retest of 107.80 highs
Strategy-neutral
Wednesday, July 2, 2008
Free Forex
Tuesday, June 17, 2008
Free Forex Alert
EUR/USD
Date: Mon, 16 June 2008 12:30:05
Resistance levels: 1.5530/1.5570/1.5630
Support levels: 1.5450/1.5400/1.5310
EUR/USD has recovered beyond 1.5450 our suggestion earlier today , supported by higher than expected Eurozone Consumer Price Index numbers On the upside , the upmove remains intact for test towards 1.5570 over the next trading sessions and 1.5630 in mid term On downside, first immediate Support comes near 1.5450 Below turns price back to 1.5400 and 1.5310 Friday bottom
Strategy-neutral
GBP/USD
Date: Mon, 16 June 2008 12:30:04
Resistance levels: 1.9680/1.9740/1.9800
Support levels: 1.9600/1.9530/1.9500/1.9400
GBP/USD has recovered heavily directly beyond 1.9660 previous highs and our target earlier today as it was suggested The upmove remains intact with next targets at 1.9740 later tody and 1.9800 over today and tomorrow On the other side, first important Support comes at 1.9600 Below that levels eases price back to 1.9500 and 1.9400 lows
Strategy-neutral.
USD/JPY
Date: Mon, 16 June 2008 12:30:03
Resistance levels: 108.60/109.00/110.00
Support levels: 107.80/107.00/106.50/105.80
USD/JPY has risen towards 108.60 our target over the last trading sessions as it was suggested , easing back towards 107.80 first important Support earlier today Now there is important Support near 107.50 Below turns price back to 106.60-50 region in mid term On the upside, in longer term the uptrend is still intact with next targets at 109.00 and 110.00 Fisrt key Resistance is at 108.60
Strategy-neutral
Saturday, January 19, 2008
Free Reading
This eBook is a must for novice traders. It explains the absolute basic of Forex Trading. What is the Forex, who is the major players, what is leverage, etc, etc. If you do not yet know how the forex market works or what forex trading is you have to read this before you try to trade.
Download NOW, click here
It is not only your knowledge of technical analyses and market trends that will determine your success in forex trading, you also need the correct mind set. This nifty little eBook will give you some excellent advice on the mindset topic.
Download NOW, click here
How to turn $300 into $30,00 in as little as 6 months By Robert Borowski. This comprehensive step by step guide will show you how you can turn $300 into $30,000 by trading the forex market. By leveraging you available funds this is possible.
Wednesday, January 2, 2008
How to start free trading
First step to Forex Success
First of all you must know what forex trading (also called currency trading) is about. Before you do anything else you must first download and read the eBook called, "Introduction to Forex Trading". Also see the free "Introduction to forex" videos at the Forex Club.
Remember that even the best forex traders still make loosing trades. The secret is to make more winning trades than loosing trades.
Once you make more winning trades than loosing trades on your forex dummy account you can start to trade your real money, also called your live account. This is where you can start with your $5.00 sign up bonus and see how far you can get with that. I never deposited any money in my Marketiva account and it currently stands at $120.00.
Only after you started trading on your dummy account you can look around for more expensive courses and eBooks. By this time you will know what the forex terminology means and you will know if Forex trading is for you or not.
One can never learn enough and still blank. If you get frustrated, don't worry be relax and just go to http://thefreeforexebooks.blogspot.com to get a lot of ebooks can support you for your learning process.