EUR/GBP analysis of the week (4h candlesticks)
09 Feb, 2010 @ 04:35 am BST | By ForexTribe
The parity just broke its key level at 0.8750 so a buy signal has been given, confirmed by a pullback on this level (0.8750 is now support). We advise to trade only long positions as far as the price is above 0.8750. The next resistance is at 0.88 (highest reached of january 25th). A break out of this resistance will offer a new buy signal.

For more reports, go to Forextribe
Related Articles:
- XAU/USD - Daily technical Analysis Mar 12, 10
- EUR/CHF - Daily technical Analysis Mar 12, 10
- Euro and pound remain vigorous Mar 12, 10
- The dollar weakens ahead of important U.S. data Mar 12, 10
Sponsored Articles:
- Using RANsquawk to help you obtain the elusive trading edge... Mar 03, 2010 7:46AM
- Daily Video Recap (3/2/10): RBA Hikes Rates, BOC Sounds Hawkish Tone Mar 02, 2010 4:29PM
- FOREX-Euro rebounds on Greek hopes; Canada dollar rises Mar 02, 2010 4:21PM
- The Truth about Day Trading Dec 15, 2009 9:35PM


US
UK
Chinese
Japanese
Hong Kong
Spanish
Deutsch
Portuguese
Korean
French
Russian



RSS Most read
Australia
Canada
EMU
Japan
Swiss
England
US

