empty
 
 
05.07.2012 04:31 PM
GBP/USD Intraday Technical Analysis and Linear Regression Channels for July 5, 2012

This image is no longer relevant

 

The Linear Regression Channels for GBP/USD are wide-ranged due to the strong bearish tendency of the pair during this week.
Although, at earlier time today GBP/USD could break through the upper limit of the Violet channel, the pair failed to break through the Intraday Resistance which corresponds to the mid-line of the Yellow channel located around price level 1.5620.
The GBP/USD pair then expressed massive bearish reaction towards this resistance level breaking down the lower limit of the Yellow channel with strong bearish engulfing 1H candlestick.
Now Price Level 1.5570 which corresponds to the backside of the broken lower limit of the Yellow channel and previous broken support level is considered to act as a strong Intraday Resistance on retesting which provides a valid SELL entry with SL located above 1.5625.
TP levels for short entries should be located at 1.5500, then 1.5440.

Ringkasan
Urgensi
Analitik
Mohamed Samy
Mulai berdagang
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $8000 lebih banyak!
    Pada Maret kami mengundi $8000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback