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Analysis of EUR/USD

Hi all,
this is the news economy from FBS. exactly in Wells Fargo: medium-term outlook for EUR/USD. i hope this is can help us to predict the economy market...

this is the news :


" One more medium-term forecast from analysts at Wells Fargo. In their view, the single currency will fall into the steady weakening pattern versus the greenback.

As the main factors generating negative pressure on euro’s rate the specialists cite euro zone’s slow economic growth (as one may see from the leading indicators) and the increasing likelihood of ECB pausing its monetary tightening.

Wells Fargo expects the pair EUR/USD to stay in range between $1.4100 and $1.4200 during the coming 3 months, then to drop to $1.4000 in the last quarter and slide to $1.3500 by the middle of the next year and to $1.3000 by the end of 2012. "
 
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iya tu kbetulan tmn saya om
wah klo saya ga mungkin om,
msh jauh kya nya tuk bs sampai begitu

wuuiihh.... c agan merendah aja...!!
share ilmunya yang dr tmen agan dong...
bisa msuk 10 besar gt...
manttaaapp.....
 
iya agan - agan ini,
kayanya bukan pada newbie deh tapi dah master..:D
share ilmunya ya gan, mudahan dapet kecepretan rejekinya nih
 
This is analysis OF GU
from http://www.fbs.com/analytics/news_markets/view/7997"]http://www.fbs.com/analytics/news_markets/view/7997]Online forex trading systems, forex trading strategies & platforms, online forex futures trading

Weekly GBP/USD

Many experts note that sterling is currently quite vulnerable to the external factors. In particular, the dynamics of the British currency depends on the situation in the euro area and the United States and the rates of their currencies. This, however, doesn’t reduce the necessity of using the instruments of technical analysis.

Last week the trading of GBP/USD was once again quite volatile – there was a candle with long lower shadow. The bulls managed to gain – this was as a large extent due to the support provided by the rising Ichimoku Cloud.

On the weekly chart, as it was expected, Tenkan-sen (1) and Kijun-sen (2) formed the “dead cross” (2). Both the Turning (1) and the Standard (2) lines provide resistance for pound. It’s necessary to note that Kumo is getting narrower that means that the bulls are gradually losing their powers.

6b10884f112c20b2abc478f7478f62a8.gif



Daily GBP/USD

As we had projected in our last forecast, sterling managed to climb to the resistance line connecting May and June highs.

On Wednesday the prices showed strong advance, then reached on Thursday the levels above the Standard line (1). Never the less, the bullish relief was short-lived – already on Friday the pair tested levels under Kijun (1), while this week the trade has started below this line.

Tenkan-sen (2) and Kijun-sen (1) are still holding in place the “dead cross” formed below the Ichimoku Cloud – the bearish factor. The Cloud itself keeps going down that also isn’t very optimistic.

As a result, the outlook for this week seems to be more negative.

fa635160ef5e8e8607e34b884093e177.gif
 
This is analysis OF GU
from www.fbs.com

Weekly GBP/USD

Many experts note that sterling is currently quite vulnerable to the external factors. In particular, the dynamics of the British currency depends on the situation in the euro area and the United States and the rates of their currencies. This, however, doesn’t reduce the necessity of using the instruments of technical analysis.

Last week the trading of GBP/USD was once again quite volatile – there was a candle with long lower shadow. The bulls managed to gain – this was as a large extent due to the support provided by the rising Ichimoku Cloud.

On the weekly chart, as it was expected, Tenkan-sen (1) and Kijun-sen (2) formed the “dead cross” (2). Both the Turning (1) and the Standard (2) lines provide resistance for pound. It’s necessary to note that Kumo is getting narrower that means that the bulls are gradually losing their powers.

6b10884f112c20b2abc478f7478f62a8.gif



Daily GBP/USD

As we had projected in our last forecast, sterling managed to climb to the resistance line connecting May and June highs.

On Wednesday the prices showed strong advance, then reached on Thursday the levels above the Standard line (1). Never the less, the bullish relief was short-lived – already on Friday the pair tested levels under Kijun (1), while this week the trade has started below this line.

Tenkan-sen (2) and Kijun-sen (1) are still holding in place the “dead cross” formed below the Ichimoku Cloud – the bearish factor. The Cloud itself keeps going down that also isn’t very optimistic.

As a result, the outlook for this week seems to be more negative.

fa635160ef5e8e8607e34b884093e177.gif
 
999 contest update - 18-07-2011

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Top two traders are still the same from Indonesia, competing each other very closely. Many of highly professional traders are participating in it and its creating an interest for the new traders. So let see who will win the contest. We are hoping for a close healthy competition. Wish you all the FBS 999 contestants good luck in the contest. . .



Account#178535
Position : 1st
Country : Indonesia
Balance : 135733.17 USD

Account#179918
Position : 2nd
Country : Indonesia
Balance : 96621.39 USD

Account#178655
Position : 3rd
Country : Ukraine
Balance : 52049.14 USD




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Check other contestants ranking Go to the scoreboard:
Participants - «999» Demo contest - Contests - FBS
 
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