Friday, August 22, 2008

http://www.fxstreet.com/rates-charts/currencies-glance/technical-table/

No forecast today but I had a good link that maybe can help you to enter the market. This some kinda polling data,  good data so far. Here is the link, http://www.fxstreet.com/rates-charts/currencies-glance/technical-table/


Wish You All The Best,


Forex Knight

Thursday, August 21, 2008

Quarantine

Kinda difficult to predict see some bias down here, looks like cable were quarantine here inside 1.8700-1.8500 both are support and resistance. Break these level could give some clear direction.
Based on pattern shows up these days he have more possibility to go down. The down bias will increse if the price not break the 1.8700 level when the time Retail Sales data released.


Have a Faith and Happy Trending,


Forex Knight

50:50

Wednesday, August 20, 2008

1.8800

Stoch533 is up, double bottom and a hammer in D1 so the trend is up.
1.8800 looks like the limit for the upward. Should watch the MPC Meeting Minutes.


Have a Faith and Happy Trending,


Forex Knight

1.8800 is a fine limit