strategist
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EUR/USD
Weekly forecast 07/04/11
The pair is trading along an uptrend.
The uptrend may be expected to continue in case the market rises above resistance level 1.4610, which will be followed by reaching resistance level 1.4680 and then 1.4815.
An downtrend will start as soon as the pair drops below support level 1.4484, which will be followed by moving down to support level 1.4320 and then 1.4185.
Resistances: 1.4575, 1.4610, 1.4680, 1.4815
Supports: 1.4484, 1.4320, 1.4185, 1.4090
GBP/USD
Weekly forecast 07/04/11
The pair is trading along an uptrend.
An downtrend will start from resistance level 1.6145 and as soon as the pair drops below support level 1.6060, which will be followed by moving down to support level 1.5830.
An uptrend will start as soon as the pair rises above resistance level 1.6205, which will be followed by moving up to resistance level 1.6410.
Resistance: 1.6145, 1.6205, 1.6410
Support: 1.6060, 1.6000, 1.5955, 1.5905, 1.5830
Weekly forecast 07/04/11
The pair is trading along an uptrend.
The uptrend may be expected to continue in case the market rises above resistance level 1.4610, which will be followed by reaching resistance level 1.4680 and then 1.4815.
An downtrend will start as soon as the pair drops below support level 1.4484, which will be followed by moving down to support level 1.4320 and then 1.4185.
Resistances: 1.4575, 1.4610, 1.4680, 1.4815
Supports: 1.4484, 1.4320, 1.4185, 1.4090
GBP/USD
Weekly forecast 07/04/11
The pair is trading along an uptrend.
An downtrend will start from resistance level 1.6145 and as soon as the pair drops below support level 1.6060, which will be followed by moving down to support level 1.5830.
An uptrend will start as soon as the pair rises above resistance level 1.6205, which will be followed by moving up to resistance level 1.6410.
Resistance: 1.6145, 1.6205, 1.6410
Support: 1.6060, 1.6000, 1.5955, 1.5905, 1.5830