Forex Analysis & Weekly Approach For Trading – Forex Abode.com
Last Updated (Monday, 08 February 2010 05:27) GMT
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Note: This Forex Trading Approaches section is meant for mid to longer term analysis and is updated on weekends. This analysis consists of Technical, Fundamental and Psychological factors and is not simply Technical analysis and not meant for short term-trading with tight stop-loss orders. For daily Forex Technical Analysis, please click on the green buttons under Technical Analysis on left-hand side of this page.
EUR/USD: A long-term uptrend started for EUR/USD since March 4th, 2009 and that continued till December 3rd, 2009. Such a long up-trend had to have a retracement and that is what we are having....... (continued) Click here for more details for 8 currency pairs
USD/CHF: On Thursday, February 04 we had mentioned that we expected the currency pair to move towards 1.0700 in coming days. Well, that happened. We now expect the pair to move up towards 1.0900 in the coming days...... Click here for more details for 8 currency pairs
Please refer to "Technical Analysis" on the left hand side of this page for short term Forex technical analysis and strategies.
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