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The AUD / USD traded as part of the upward trend on the hourly chart. It shows that the rate of AUD / USD is trading above the moving average with period 55 on the hourly chart (1.0436 level) that generally contributes to the prices in the short term. 

I recommend to open long positions after the break up hour resistance at 1.0519 in order to increase the resistance level at 1.0561 in the case of its breakdown to 1.0600. Stop-loss for a given strategy can be placed at 1.0460.
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Views: 25 | Added by: Tyler | Date: 23.08.2011 | Comments (0)

GBP / USD pair is trading on the hourly chart as part of a neutral trend. Rate is above the moving average with period 55 on the hourly chart, the level of 1.6507, which increases prices. 

I recommend to open long positions after the break up hour resistance at 1.6567 to increase the resistance 1.6597 and if it is the breakdown on the basis of hours to 1.6616-27. Stoploss for this strategy can be positioned at the level of 1.6503.

I recommend to open short positions after t... Read more »
Views: 23 | Added by: Tyler | Date: 23.08.2011 | Comments (0)

Pair EUR / GBP is trading on the hourly chart as part of a neutral trend. Rate is above the moving average with period 55 on the hourly chart (0.8717 level), thereby increasing prices in the short term. 

I recommend to open long positions after the break up hour resistance at 0.8728 in order to increase the resistance level at 0.8744 in the case of breakdown up to an hour to 0.8757. Stoploss for this strategy can be positioned at the level of 0.8703.

I recommend to open sho... Read more »
Views: 35 | Added by: Tyler | Date: 23.08.2011 | Comments (0)

Pair EUR / JPY on the hourly chart is trading under a neutral trend. It shows that the rate of EUR / JPY is trading above the moving average with period 55 on the hourly chart (level 110.24), which in general has to appreciate in the short term. 

I recommend to open long positions after the break up hour resistance at 110.45 in order to increase the resistance at 110.71-74 and in case of breakdown up to an hour to 110.98. Stop-loss for a given strategy can be placed at 110.10.
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Views: 29 | Added by: Tyler | Date: 23.08.2011 | Comments (0)

Pair USD / CAD traded within a neutral trend on the hourly chart. It shows that the rate of USD / CAD is trading below the moving average with period 55 on the hourly chart (the level of 0.9896), which generally contributes to lower prices in the short term. 

I recommend to open long positions after the break up hour resistance at 0.9923 in order to increase the resistance level at 0.9954 and if it is the breakdown on the basis of hours to 0.9989. Stop-loss for a given strategy can ... Read more »
Views: 37 | Added by: Tyler | Date: 23.08.2011 | Comments (0)

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