The EUR shows a sign of possible appreciation against the USD with the Bollinger Band turning up and RSI making higher lows. Its good to plan a buy withing the range 1.3401 and 1.3336 for a drive till 1.3454, 1.3507
Stop loss is good at a close below 1.3231.
This blog is created to show market analysis based on our Power Trend Strategy. The strategy was designed with intra-day traders and part-time traders in mind. I will do all it takes to make it simple and explicit as possible. PLEASE REVIEW THE FIRST POST (Risk Warning)! Please enjoy. TRADE ALERT HERE: http://bondfx-tradealert.blogspot.com
Friday, April 23, 2010
Thursday, April 22, 2010
GBP/JPY - SELL PRESSURE
The GBP making lower high on the RSI and the Bolliger band turning down, then a SHORT may be considerable 143.24 targeting 142.20, 141.55
Stop loss is appropriate above 144.20
Enjoy
Stop loss is appropriate above 144.20
Enjoy
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