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Archive for July, 2010

Forex Currency Trading System

Posted on July 31st, 2010 5 Comments

Unlike stock trading, the global forex market to trade in all currencies, there is never a threat of insider trading. What makes a successful Forex trader and a consistent loser Forex Currency Trading to their training ground and they follow their individual forex currency trading system.

Forex currency trading is not risk free. It is important that you take into account the volatility in the Forex global currency market with what is happening politically and economically in many countries around the world.

The more you educate yourself about the currency you trade in the global currency market, how accurately you can how these currencies will move and the more profits you will reap predict. Read the rest of this entry »

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gbpforex free forex predictions July 30, 2010

Posted on July 30th, 2010 3 Comments

Free forex predictions for GBP-USD July 30, 2010

The pair is trading in an intraday bullish channel.

Prefer scenario : BUY positions @ 1.5600 with

TP 1 : 1.5640

TP 2 : 1.5660

TP 3 : 1.5670

Alternative scenario: The downside breakout of 1.558 will open the way to 1.5545 / 1.5505

free forex predictions for EUR-USD July 30, 2010

The 30-min RSI bounced off its support area & has broken above a declining trend line.

Prefer scenario : BUY positions @ 1.3015 with

TP 1 : 1.3050

TP 2 : 1.3080

TP 3 : 1.3100

Alternative scenario: The downside penetration of 1.3040 will call for a slide towards 1.298 / 1.2965.

free forex predictions for AUD-USD July 30, 2010

The continue of the consolidation

Prefer scenario : BUY positions @ 0.8960 with

TP 1 : 0.8990

TP 2 : 0.9010

TP 3 : 0.9030

Alternative scenario : Below 0.8950 look for further downside with 0.8925 / 0.8905 as targets.

free forex predictions for USD-JPY July 30, 2010

The pair is trading in an intraday bearish channel.

Prefer scenario : SELL positions @ 86.55 with

TP 1 : 86.35

TP 2 : 86.20

TP 3 : 86.00

Alternative scenario : The upside penetration of 86.75 will call for 87.20 / 87.40

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GBP-USD, Eur-Usd, Aud-usd, Usd-Jpy Technical Outlooks July 30, 2010

Posted on July 30th, 2010 No Comments

GBP forex Technical Outlook

- weekly : trend up

R3 : 1.5699

R2 : 1.5667

R1 : 1.5648

Pivot : 1.5617

S1 : 1.5585

S2 : 1.5566

S3 : 1.5535

Today prediction range Gbp/Usd : 1.5540-1.5680


Other Pairs Technical Outlooks :

S3 S2 S1 P R1 R2 R3
EUR/USD 1.2926 1.2975 1.3005 1.3054 1.3103 1.3133 1.3182
USD/JPY 86.04 86.39 86.62 86.98 87.33 87.56 87.92
AUD/USD 0.8853 0.8904 0.8935 0.8986 0.9037 0.9068 0.9119

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gbpforex free forex predictions July 29, 2010

Posted on July 29th, 2010 4 Comments

Free forex predictions for GBP-USD July 29, 2010

The technical indicators are on the upside.

Prefer scenario : BUY positions @ 1.5615 with

TP 1 : 1.5650

TP 2 : 1.5670

TP 3 : 1.5680

Alternative scenario: The downside breakout of 1.5550 will call for 1.5500 /  1.5470

free forex predictions for EUR-USD July 29, 2010

The pair is drawing a flat consolidation above the 1.2965 intermediary key support. The 30-min RSI has broken above a declining trend line.

Prefer scenario : BUY positions @ 1.2975 with

TP 1 : 1.3000

TP 2 : 1.3020

TP 3 : 1.3040

Alternative scenario: The downside breakout of 1.2965 will open the way to 1.2925 / 1.2890

free forex predictions for AUD-USD July 29, 2010

The RSI is bullish and calls for further upside.

Prefer scenario : BUY positions @ 0.8925 with

TP 1 : 0.8965

TP 2 : 0.8980

TP 3 : 0.9000

Alternative scenario : Below 0.891 look for further downside with 0.8860 / 0.8800

free forex predictions for USD -JPY July 29, 2010

The pair has broken below an intraday bullish channel support.

Prefer scenario : SELL positions @ 87.35 with

TP 1 : 87.10

TP 2 : 87.00

TP 3 : 86.90

Alternative scenario : The upside penetration of 87.50 will call for 87.75 / 88.10

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GBP-USD, Eur-Usd, Aud-usd, Usd-Jpy Technical Outlooks July 29, 2010

Posted on July 29th, 2010 1 Comment

GBP forex Technical Outlook

- weekly : trend up

R3 : 1.5682

R2 : 1.5647

R1 : 1.5625

Pivot : 1.5590

S1 : 1.5555

S2 : 1.5533

S3 : 1.5498

Today prediction range Gbp/Usd : 1.5500-1.5670


Other Pairs Technical Outlooks :

S3 S2 S1 P R1 R2 R3
EUR/USD 1.2922 1.2951 1.2969 1.2998 1.3027 1.3045 1.3074
USD/JPY 86.74 87.06 87.25 87.57 87.89 88.08 88.40
AUD/USD 0.8825 0.8871 0.8899 0.8945 0.8991 0.9019 0.9065

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gbpforex free forex predictions July 27, 2010

Posted on July 27th, 2010 2 Comments

Revision for posting. Sorry, before was wrong posting. Now, this is the correct post.

Free forex predictions for GBP-USD July 27, 2010

The pair is supported by an intraday rising trend line & technical indicators are on the upside.

Prefer scenario : BUY positions @ 1.5460 with

TP 1 : 1.5500

TP 2 : 1.5520

TP 3 : 1.5540

Alternative scenario: The downside penetration of 1.5450 will call for 1.5380 /  1.5345.

free forex predictions for EUR-USD July 27, 2010

The pair has broken above the 1.2955 intermediary resistance & is now expected to rise towards 1.3115.

Prefer scenario : BUY positions @ 1.2985 with

TP 1 : 1.3030

TP 2 : 1.3050

TP 3 : 1.3070

Alternative scenario: The downside breakout of 1.2955 will open the way to 1.289 / 1.2855

free forex predictions for AUD-USD July 27, 2010

The RSI is supported by a bullish trend line.

Prefer scenario : BUY positions @ 0.8965 with

TP 1 : 0.9000

TP 2 : 0.9030

TP 3 : 0.9050

Alternative scenario : Below 0.8950 look for further downside with 0.8895 0.8860

free forex predictions for USD -JPY July 27, 2010

The pair is in the middle of an horizontal channel & is expected to reach its lower boundary currently at 86.40

Prefer scenario : SELL positions @ 87.15 with

TP 1 : 86.80

TP 2 : 86.65

TP 3 : 86.50

Alternative scenario : The upside breakout of 87.25 will open the way to 87.45 / 87.70

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GBP-USD, Eur-Usd, Aud-usd, Usd-Jpy Technical Outlooks July 27, 2010

Posted on July 27th, 2010 2 Comments

GBP forex Technical Outlook

- weekly : trend up

R3 : 1.5581

R2 : 1.5538

R1 : 1.5511

Pivot : 1.5468

S1 : 1.5425

S2 : 1.5398

S3 : 1.5355

Today prediction range Gbp/Usd : 1.5400-1.5600


Other Pairs Technical Outlooks :

S3 S2 S1 P R1 R2 R3
EUR/USD 1.2826 1.2875 1.2906 1.2955 1.3004 1.3035 1.3084
USD/JPY 86.26 86.60 86.81 87.16 87.50 87.71 88.06
AUD/USD 0.8885 0.8926 0.8951 0.8922 0.9033 0.9058 0.9099

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gbpforex free forex predictions July 26, 2010

Posted on July 26th, 2010 1 Comment

Free forex predictions for GBP-USD July 26, 2010

The 1.5345 former resistance area is now acting as a support & maintains an intraday bullish bias.

Prefer scenario : BUY positions @ 1.5360 with

TP 1 : 1.5400

TP 2 : 1.5420

TP 3 : 1.5450

Alternative scenario: The downside penetration of 1.5345 will call for a slide towards 1.5295 / 1.5255

free forex predictions for EUR-USD July 26, 2010

The pair is drawing a flat consolidation above the 1.286 intermediary support.

Prefer scenario : BUY positions @ 1.2865 with

TP 1 : 1.2900

TP 2 : 1.2920

TP 3 : 1.2930

Alternative scenario: The downside penetration of 1.2860 will call for a slide towards 1.282/ 1.2800

free forex predictions for AUD-USD July 26, 2010

The RSI is mixed with a bullish bias.

Prefer scenario : BUY positions @ 0.8910 with

TP 1 : 0.8950

TP 2 : 0.8980

TP 3 : 0.9000

Alternative scenario : Below 0.8895 look for further downside with 0.8845 / 0.8800

free forex predictions for USD -JPY July 26, 2010

The pair is approaching the 87.85 key resistance. A break above 87.85 will open the way towards 88.25 initially

Prefer scenario : BUY positions @ 87.35 with

TP 1 : 87.60

TP 2 : 87.80

TP 3 : 87.90

Alternative scenario : The downside penetration of 87.20 will call for 86.75 / 86.45

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GBP-USD, Eur-Usd, Aud-usd, Usd-Jpy Technical Outlooks July 26, 2010

Posted on July 26th, 2010 4 Comments

GBP forex Technical Outlook

- weekly : trend up

R3 : 1.5568

R2 : 1.5494

R1 : 1.5449

Pivot : 1.5375

S1 : 1.5301

S2 : 1.5256

S3 : 1.5182

Today prediction range Gbp/Usd : 1.5340-1.5480


Other Pairs Technical Outlooks :

S3 S2 S1 P R1 R2 R3
EUR/USD 1.2719 1.2784 1.2824 1.2889 1.2954 1.2994 1.3059
USD/JPY 85.42 86.71 86.90 87.20 87.49 87.68 87.98
AUD/USD 0.8871 0.8899 0.8916 0.8944 0.8972 0.8989 0.9017

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gbpforex free forex predictions July 23, 2010

Posted on July 23rd, 2010 No Comments

free forex predictions for GBP-USD July 23, 2010

The pair has broken above a declining trend line.

Prefer scenario : BUY positions @ 1.5250 with

TP 1 : 1.5290

TP 2 : 1.5310

TP 3 : 1.5330

Alternative scenario: Thedownside penetration of 1.5235 will call for 1.5200 / 1.5150

free forex predictions for EUR-USD July 23, 2010

The pair validated a Falling Wedge pattern calling for a rebound towards the previous high area.

Prefer scenario : BUY positions @ 1.2855 with

TP 1 : 1.2885

TP 2 : 1.2900

TP 3 : 1.2920

Alternative scenario: The downside penetration of 1.284 will call for 1.2775 / 1.2732.

free forex predictions for AUD-USD July 23, 2010

The break above 0.8855 is a positive signal that has opened a path to 0.8965

Prefer scenario : BUY positions @ 0.8870

TP 1 : 0.8900

TP 2 : 0.8920

TP 3 : 0.8950

Alternative scenario : Below 0.8855 look for further downside with 0.8800 /  0.8785

free forex predictions for USD -JPY July 23, 2010

The pair has broken above an intraday declining trend line. The 30-min RSI is reversing up.

Prefer scenario : BUY positions @ 86.85 with

TP 1 : 87.15

TP 2 : 87.30

TP 3 : 87.50

Alternative scenario : The downside penetration of 86.75 will call for a slide towards 86.27 /  85.80

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This information is free. But we are not guarantee that our prediction is true and give you profit. Use this Information wisely. trading currencies at forex markets not really easy. Learn forex trading with forex trading course at forex trading online for managed your forex tradings.
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