13 January 2012 - Forex Signals
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GBP / USD pair tested their lows yesterday for the last few months (October 2011). A little before reaching the absolute minimum pound rather playfully bounced completely correlated with the euro.

Today, the pound is trading fairly optimistic, but long positions are best in case of breakdown on the basis of hours of resistance at 1.5442, target growth while resistance at 1.5503, stop better place at 1.5375.

Open short positions today is better only in case of breakdown on the basis... Read more »
Views: 26 | Added by: Tyler | Date: 13.01.2012 | Comments (0)

The EUR / USD traded higher today after the growth observed on Thursday after the auctions in Italy and Spain were in great demand, the European Central Bank left interest rates unchanged.

ECB president Mario Draghi also pointed out that business activity in the region has stabilized, and the ECB was ready if necessary to further easing in monetary policy. Although attitudes towards the euro was positive today, market participants expect the majority still see the results of another aucti... Read more »
Views: 33 | Added by: Tyler | Date: 13.01.2012 | Comments (0)

The EUR / CHF at 4-hour chart is trading within a neutral trend. Trading is below the moving average with a period of 55 to 4-hour chart (1.2160 level, helping to reduce prices in the short term).

I recommend to open long positions after the breakdown of results of 4 hour chart resistance at 1.2196 in order to increase the resistance at 1.2256-1.2312. Stoploss for this strategy can be positioned at the level of 1.2095.

I recommend to open short positions after the break-up 4-hour c... Read more »
Views: 21 | Added by: Tyler | Date: 13.01.2012 | Comments (0)

A pair of USD / CAD is trading within a neutral trend in the hourly chart. It shows that the rate of USD / CAD is trading below the moving average with a period of 55 on the hourly chart (level 1.0186), which generally contributes to lower prices in the short term.

I recommend to open long positions after the breakdown of the results of hours of resistance at 1.0213 in order to increase the resistance level at 1.0246 and in case of breakdown up to an hour to 1.0286. Stoploss for this stra... Read more »
Views: 17 | Added by: Tyler | Date: 13.01.2012 | Comments (0)