EURUSD Technical Analysis
Trade is a longer term trade and the below will be relevant until updated
4H Chart (only sent on Mondays): From the 1. 4938 high to the 1.
Gold, Euro Outlook
Gold price eases back to a six-week high as Equity, and currency markets crumble under mounting instability over European Sovereign Debt. Gold has come back strong overnight to finish well over 2. 2% higher from where trading started.
GBPJPY Technical Analysis
Trade is a longer term trade and the below will be relevant until updated
4H Chart (only sent on Mondays): From the 140. 00 high to the 116.
FTSE Technical Analysis
Trade is a longer term trade and the below will be relevant until updated
From the 4840 low to the 5750 high there is a 3 wave movement, either wave 1/2/3 of an upward impulse or wave A/B/C of an upward zigzag.
Relative Strength
The study of correlation is the key to the success of many traders. Let us take the events of the week.
