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pair- gbp/usd
chart analysis time frame- m15
http://i60.tinypic.com/9rnds9.jpg
the price movement can see in the down trend side as it making lower to low. the price is now at the resistance side 1.6670 and down movement can expected to making new low. short this pair with the take profit at 1.6600 and stop loss at the 1.6690
good luck.
GBP / USD daily charts in support of average system to maintain the objective rally, the pound in the recently hit a new high resistance callback, is expected to rise through the continuation of the recent adjustment of £. From the map hour trend, sterling / dollar in the suppression of average system to maintain the objective decline. Sterling short-term action was dominant, days on sterling in 1.6700 near the resistance to the formation of a breakthrough, pounds before the short-term decline. Short term support resistance of 1.6700,1.6820 1.6620,1.6595.
Fibonacci pivot point calculation
Pair = gbp/usd
Date = February 21. 2014
Time frame = Daily
Resistance 3 = 1.6733
Resistance 2 = 1.6704
Resistance 1 = 1.6686
Pivot Point = 1.6658
Support 1 = 1.6629
Support 2 = 1.6611
Support 3 = 1.6683
I hope these daily calculation can be used to help your forex trading
use it wisely and hopefully useful.
date :21 february 2014
pair :gbpusd
the pair in up trend
macd(8.17.9):0.006
stoch(8.3.3):62.854
price: 1.6668
our target1 :1.6768
our target2: 1.6968
good luck
Pivot point calculation
Date = February 21. 2014
Pair = gbp/usd
Time Frame = Daily forex
Resistance 3 = 1.6766
Resistance 2 = 1.6733
Resistance 1 = 1.6691
Pivot Point = 1.6658
Support 1 = 1.6616
Support 2 = 1.6583
Support 3 = 1.6541
This calculation can be used as a guide price action forex trading today.
I just give you the information and do not impose to use this price calculation.
Good luck.
Woodie pivot point calculation
time frame = Daily
pair = gb[/usd
Date = Friday, February 21. 2014
Resistance 2 = 1.6731
Resistance 1 = 1.6688
Pivot point = 1.6656
Support 1 = 1.6612
Support 2 = 1.6581
hopefully can help your trading
thank you and good luck.
Trading Signal - 21/2/2014 - 10:00 GMT+2
Instrument: GBP/USD
60min CHART
Upwards Weak
A Med-High probability, entry signal to go LONG will be given with the upward break of 1.6710 after the market found support at 1.6650. Only the downward break of 1.6650 would cancel the bullish scenario.
Support & Resistances
1.6630 1.6850
1.6580 1.6900
1.6500 1.6950
http://dl.dropbox.com/u/51561036/scr...221-234906.jpg
I think GBPUSD has retraced enough to go back up. But i think it has to touched the 23.6 FIbo Retracement. BUt it has touched the support at 1.6609 and may go Up from there.
date :22 february 2014
pair :gbpusd
the pair in up trend
macd(8.17.9):0.005
stoch(8.3.3):58.753
price: 1.6615
our target1: 1.6715
our target2: 1.6815
good luck
calculation pivot point
r3 = 1.7372
r2 = 1.6999
r1 = 1.6870
pp = 1.6626
s1 = 1.6498
s2 = 1.6253
s3 = 1.5881
sunday, february 23.2014
thank you