Last Update At 25 nov 2013
hi all, how are you..
chart for today is showing sides ways with 40 - 90 pips.
i will add 2 pending order : take profit 80 stop 60
buy order today at : 1.6100
sell order today at : 1.6180
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Last Update At 25 nov 2013
hi all, how are you..
chart for today is showing sides ways with 40 - 90 pips.
i will add 2 pending order : take profit 80 stop 60
buy order today at : 1.6100
sell order today at : 1.6180
i have my buy position @ 1.6153
set my target today at 1.6185 to be safe.
Also have a pending order sell @1.6225
good luck all.
analysis for today 11 / 26 / 2013
My daily trading,I hope the day is a success ...
GBP/USD (Daily Trade)
Resistance : R1 1.6228 R2 1.6253 R3 1.6273 R4 1.6303
Support : S1 1.6098 S2 1.6073 S3 1.6053 S4 1.6023
Open : 1.6154
High : 1.6173
Low : 1.6153
Range : 20 Pips
Running Price : 1.6166
For intraday trade today suggest SELL at the level 1.6166 stop loss at the level 1.6228 target take profit at the level 1.6053 or at the level 1.6023
The GBP/USD pair went higher during the session on Friday, stretching towards the 1.6250 level. This area is significant resistance, but at the end of the day. I need to see this pair break above the 1.63 handle on a daily close in order to buy-and-hold, as the market would go much higher. At that point, probably chasing the 1.65 level before it's all said and done. With that being the case, I feel this market could pullback in this general vicinity, but that simply will be a momentum building exercise as we try and breakout above what has been pretty stubborn resistance.
The British pound itself looks rather strong, and has done quite well against many of the other currencies around the world, so of course the US dollar will be too different. However, recognize the fact that the US dollar has been doing better than some other currencies out there, so therefore this breakout may take a little bit longer than anticipated. A pullback here could be a buying opportunity, but sooner or later the market has to make some type of longer-term decision.
Spoiler:
GBPUSD
TIME FRAME H1
Exponential MA "18" : BEARISH
Exponential MA "28" : BEARISH
Exponential MA "50" : BEARISH
Parabolic SAR "0.05/0.2" : BULLISH
MACD "30/60/30" : BULLISH
TREND: NEUTRAL
At this moment while writing the quote of the GBPUSD is 1.6160 and most of the indicator showing it downside pressure but I think think it could rebound to 1.6200 today and more further, Because there is a fundamental news on GBP today and if the news shows the positive then the market could react instantly to upside. Any way the next immediate support line is 1.6130.
i am new hare i don't trader.sir mugy as ka kuch pta ni he q k main ny forex ko ajj hi join kia
analysis for today 11 / 26 / 2013
GBP/USD (Daily Trade)
Resistance 3 1.6276
Resistance 2 1.6246
Resistance 1 1.6226
Pivot Point 1.6154
Support 1 1.6093
Support 2 1.6073
Support 3 1.6043
SELL STOP 1.6093 STOP LOSS 1.6226 TAKE PROFIT 1.6073 OR 1.6043
GBP / USD daily up to adjust the interval since October 1st along the nearby the callback, GBP / USD to effectively break before the medium-term trend is still there will be a certain degree of repeated. From the map hour trend, sterling / dollar on average system formed downward through the objective, direction conversion potential £, rapid decline after the last trading day, short-term around 1.6130 support low adjustment, is expected to pound through short-term adjustment still further downward pressure. The short-term support 1.6130,1.6065; 1.6205,1.6240.
indicators today : up
if price break above level :1.6180
the pair will go to :1.6250
and then go to level :1.6325