GBPUSD Analysis – Jul 2, 2008
GBPUSD is in up trend. Further rise towards 2.0400 to to reach next cycle top on daily chart is now in favor. Initial support is at 1.9700, as long as this support holds, we’d expect up trend...
Month: July 2008
EURUSD Analysis – Jul 2, 2008
EURUSD is testing the previous high resistance at 1.5843, above this level we may see further rally to 1.5950. Long term resistance is located at 1.6019, rise above this level will indicate that sideways consolidation in a...
Forexpros.com Daily Analysis – 01/07/08
Today’s US Dollar Trading• USD loses ground but attempts a recovery• Stops run• Volumes moderate Overnight Preview• Two-way action likely Looking Ahead to TuesdayAll times EASTERN (-5 GMT)• 10:00am USD ISM Manufacturing Index• 10:00am USD ISM Manufacturing...