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gbpforex free forex predictions July 29, 2010

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Information about gbpforex free forex predictions July 29, 2010 from GBPForex

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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Posted in: Free Forex Predictions


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