View Single Post
  #27  
Old 17-01-2012, 04:15
IvanUrupa's Avatar
IvanUrupa IvanUrupa is offline
Level II Lasers Member
 
Join Date: Nov 2011
Posts: 35
Default Re: "Forex Levels" - Trading recommendations, daily forecast on EURUSD and GBPUSD

EURUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.2737, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.2815 and above towards resistance level 1.2894.

If the pair breaks under support level 1.2615, a downtrend will start with the downside target set at support level 1.2465.


Support levels: 1.2615, 1.2465

Resistance levels: 1.2737, 1.2815, 1.2894




GBPUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.5367, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.5423.

If the pair breaks under support level 1.5331, a downtrend will start with the downside target set at support level 1.5274.


Support levels: 1.5331, 1.5274

Resistance levels: 1.5367, 1.5423

Reply With Quote