[Sharing] Discussion Forex Technical Analysis

fx-investindo

Trader
Mar 24, 2011
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indonesia
GBP/USD Weekly Outlook 20 Februari 2012
Although prices edging down to 1.5643 last week, GBP / USD staged a strong rebound from there. This development shows that the price rebound from 1.5928 has completed. More importantly, the increase of the price of 1.5234 is not over. Initial bias is slightly on the upside this week for the price of 1.5928. Breakdown of the price would confirm the resumption of the increase to 61.8% projection of 1.5234 to 1.5928 from 1.5643 is 1.6072 diharga. In the meantime, note again that the price of 1.6165 (61.8% retracement of 1.6746 to 1.5234 at 1.6168) is still no confirmation taktersentuh and completion rates decreased from 1.6746. Below the price of 1.5643 will bias back to the downside for the price of 1.5234.
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EUR/USD Weekly Outlook 20 Februari 2012
Although the price drops to 1.2974, EUR / USD rebounded strongly and to penetrate the 1.3190 resistance rates. Initial bias is neutral (side way) this week. Above the 1.3321 price will continue its rebound from the target price of 1.2625 and 61.8% retracement of 1.4246 to 1.2625 which is in the price of 1.3627. On the reverse side, below 1.2974 will revive prices to the downside for 1.2625 support prices.
eu-h4-20feb2012.gif

eu-daily-20feb2012.gif