Forex Trading – GBP/USD
Posted by admin in Forex Trading - GBP/USD on January 24th, 2012
Forex Trading – GBP/USD
Yesterday, in the first trading hours, the British pound was in range 1.5515-1.5600 USD. During the European session, it raised its value to 1.5020 USD. This morning the currency pair is trading at 1.5535-1.5555. According to the analyses of Trading212, if GBP breaks the resistance levels at 1.5555-1.5575 USD, the aim will be reaching and testing the zone 1.5590-1.5610 USD. If it is successful, the upward trend will continue to 1.5635-1.5660 USD. If GBP drops below the support levels at 1.5540-1.5520 USD, it will try to find a next support at 1.5495-1.5480 USD. In case of breaking down, the downward trend will continue to 1.5460-1.5440 USD.
Forex Trading – AUD/USD
Posted by admin in Forex Trading - AUD/USD on January 23rd, 2012
Forex Trading – AUD/USD
During the trading hours yesterday, the Australian dollar was in range 1.0390-1.0490 USD. This morning the currency pair is trading at 1.0475-1.0490. According to Forex analyses, if Australian dollar breaks the resistance levels at 1.0500-1.0520 USD, the aim will be reaching and testing the zone 1.0545-1.0565 USD. If it is successful, the upward trend will continue to 1.0585-1.0600 USD. If AUD drops below the support levels at 1.0480-1.0460 USD, it will try to find a next support at 1.0435-1.0420 USD. In case of breaking down, the downward trend will continue to 1.0400-1.0385 USD.
Forex Trading – EUR/USD
Posted by admin in Forex Trading - EUR/USD on January 20th, 2012
Forex Trading – EUR/USD
Yesterday, during the first trading hours euro began lowering its value and during the US session it reached 1.2840-1.2965 USD. This morning the currency pair is trading at 1.2955-1.2965. According to the analyses of Trading212, if euro breaks the resistance levels at 1.2965-1.2980 USD, the aim will be reaching and testing the zone 1.3000-1.3020 USD. If it is successful, the upward trend will continue to 1.3045-1.3065 USD. If euro drops below the support levels at 1.2955-1.2930 USD, it will try to find a next support at 1.2900-1.2880 USD. In case of breaking down, the downward trend will continue to 1.2850-1.2830 USD.
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Forex Trading – USD/JPY
Posted by admin in Forex Trading - USD/JPY on January 17th, 2012
Forex Trading – USD/JPY
During the trading hours yesterday, the US dollar was in range 76.65-76.90 JPY. This morning the currency pair is trading at 76.70-76.80. According to the analyses of Trading212, if US dollar breaks the resistance levels at 76.75-76.95 JPY, the aim will be reaching and testing the zone 77.10-77.25 JPY. If it is successful, the upward trend will continue to 77.40-77.60 JPY. If USD drops below the support levels at 76.65-76.45 JPY, it will try to find a next support at 76.25-76.10 JPY. In case of breaking down, the downward trend will continue to 75.90-75.75 JPY.
Forex – Spot Gold
Forex – Spot Gold
During the trading hours yesterday, the spot Gold was in range 1629.30-1647.70 USD. This morning the precious metal is trading at 1635.30-1641.30 USD. According to Forex analyses, if spot Gold breaks the resistance levels at 1641.30-1647.70 USD, the aim will be reaching and testing the zone 1654.10-1661.25 USD. If it is successful, the upward trend will continue to 1665.05-1670.00 USD. If the precious metal drops below the support levels at 1635.30-1629.35 USD, it will try to find a next support at 1621.50-1616.70 USD. In case of breaking down, the downward trend will continue to 1608.20-1601.35 USD.
