Forex Trading – GBP/USD
Posted by admin in Forex Trading - GBP/USD on September 2nd, 2010
Forex Trading – GBP/USD
Yesterday, in the first trading hours, the British pound was in range 1.5340-1.5490 USD. This morning the currency pair is trading at 1.5430-1.5445.
According to the analyses of Trading212, if GBP breaks the resistance levels at 1.5445-1.5470 USD, the aim will be reaching and testing the zone 1.5505-1.5530 USD. If it is successful, the upward trend will continue to 1.5555-1.5575 USD.
If GBP drops below the support levels at 1.5430-1.5410 USD, it will try to find a next support at 1.5390-1.5375 USD. In case of breaking down, the downward trend will continue to 1.5355-1.5230 USD.
Forex Trading – USD/JPY
Posted by admin in Forex Trading - USD/JPY on August 27th, 2010
Forex Trading – USD/JPY
During the trading hours yesterday, the US dollar was in range 84.80-84.25 JPY. This morning the currency pair is trading at 84.30-84.50.
According to Forex analyses, if US dollar breaks the resistance levels at 84.45-84.65 JPY, the aim will be reaching and testing the zone 84.85-85.00 JPY. If it is successful, the upward trend will continue to 85.20-85.40 JPY.
If USD drops below the support levels at 84.30-84.15 JPY, it will try to find a next support at 83.85-83.60 JPY. In case of breaking down, the downward trend will continue to 83.35-83.10 JPY.
Forex Trading – USD/CHF
Posted by admin in Forex Trading - USD/CHF on August 26th, 2010
Forex Trading – USD/CHF
During the trading hours yesterday, the US dollar was in range 1.0245-1.0330 CHF. This morning the currency pair is trading at 1.0285-1.0305.
According to Forex analyses, if US dollar breaks the resistance levels at 1.0300-1.0320 CHF, the aim will be reaching and testing the zone 1.0350-1.0370 CHF. If it is successful, the upward trend will continue to 1.0400-1.0425 CHF.
If USD drops below the support levels at 1.0285-1.0265 CHF, it will try to find a next support at 1.0245-1.0220 CHF. In case of breaking down, the downward trend will continue to 1.0200-1.0175 CHF.
Forex – Spot Gold
Forex – Spot Gold
During the trading hours yesterday, the spot Gold was in range 1222.00-1232.50 USD. This morning the precious metal is trading at 1226.15-1228.75 USD.
According to Forex analyses, if spot Gold breaks the resistance levels at 1228.75-1230.65 USD, the aim will be reaching and testing the zone 1232.50-1234.65 USD. If it is successful, the upward trend will continue to 1236.60-1239.00 USD.
If the precious metal drops below the support levels at 1226.15-1223.50 USD, it will try to find a next support at 1222.00-1219.40 USD. In case of breaking down, the downward trend will continue to 1216.85-1214.80 USD.
Crude Oil futures
Crude Oil futures
Yesterday, in the first trading hours, Crude Oil futures were in range 73.90-75.90 USD. This morning the Crude Oil futures are trading at 74.30-74.50 USD.
According to Forex analyses, if Crude Oil futures break the resistance levels at 74.50-75.20 USD, the aim will be reaching and testing the zone 75.85-76.20 USD. If it is successful, the upward trend will continue to 76.85-77.60 USD.
If the Crude Oil futures drop below the support levels at 74.30-73.90 USD, they will try to find a next support at 73.55-72.90 USD. In case of breaking down, the downward trend will continue to 72.00-71.55 USD.
