nuffnang add

Thursday, April 28, 2011

EURO & GBP 28/04/11







EURO/USD INTRADAY


The immediate trend remains up and the momentum is strong. Suggests long positions above 1.4770, with 1.4940 and 1.4990 in sight. The downside penetration of 1.4770 will call for a slide towards 1.4700 and 1.4655.


GBP/USD INTRADAY



The RSI is bullish and calls for further upside. Suggests long positions above 1.6635, with 1.6750 and 1.6800 in sight. The downside breakout of 1.6635 will open the way to 1.6575 and 1.6530.

Risk Warning:FOREX, which are leveraged products, incur a high level of risk and can result in the loss of all your invested capital. Therefore,FOREX may not be suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary.

No comments:

tweet

more yakin world popular posts