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Signal 30 July 2010

EURUSD : Bearish  entry 1.3058x tp1 1.3002x tp2 1.2926x sl 1.3126x
GBPUSD : Bearish  entry 1.5624x tp1 1.5527x tp2 1.5534x sl  1.5685x
USDCHF : Bullish  entry 1.0388x tp1 1.0454x tp2 1.0497x sl 1.0336x
USDJPY  : Bullish    entry 86.39x tp1 86.99x tp2 87.10x sl 85.86x 

Times Entry : 09.32 Server Time (Alpari.uk)

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Signal 28 July 2010

EURUSD : Bullish entry 1.3036x tp1 1.3093x tp2 1.3140x sl 1.2952x
GBPUSD : Bullish entry 1.5606x tp1 1.5648x tp2 1.5703x sl  1.5545x
USDCHF : Bearish entry 1.0594x tp1 1.0526x tp2 1.0497x sl 1.0654x
USDJPY  : Bearish entry 87.98x tp1 87.54x tp2 87.12x sl 88.27x 

Times Entry : 09.12 Server Time (Alpari.uk)

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Signal 27 July 2010

EURUSD : Bullish entry 1.3007x tp1 1.3036x tp2 1.3085x sl 1.2956x
GBPUSD : Bullish entry 1.5508x tp1 1.5532x tp2 1.5581x sl  1.5450x
USDCHF : Bearish entry 1.0488x tp1 1.0445x tp2 1.0405x sl 1.0541x
USDJPY  : Bearish entry 86.58x tp1 86.62x tp2 86.27x sl 87.51x 

Times Entry : 07.47 Server Time (Alpari.uk)

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EUR / USD
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Pair weakened to 1.225 last week, then tersupport and moved up again to 1.237 at the weekend. Range predicted earlier in the week today at the level of 1.233 to 1.246. If 1.246 pierced, then the target of EUR / USD was at 1.252 and 1.267. 1.288 level will be a door to go to the range of 1.3 but it seems to still not be achieved within this week. Instead, through 1.233 will lead pair to 1.225 or even 1.215. Level 1.2 will also become a very important support. The weakening USD and an uncertain European developments seem to be making moves ranging pair early in the week.

GBP / USD
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GBP / USD rose sharply to 1.505 after the beginning of last week fell significantly to 1.478. GBP / USD earlier this week showed the potential for a bullish, if successfully shunned 1.505, then 1.513 will be the next target. Level of 1.553 and 1.583 will be the next target. Conversely, the level of support below is in the range 1.478 1.461 and 1.45. If penetrated, then 1.44 and the lowest level this year at 1.422 would be the next target. UK inflation problems and also potential GDP revised down an opportunity to make GBP weakened.

AUD / USD
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Early last week, the pair opened higher, but the pair moved down in the middle of the week and back up again. Beginning this week, the pair opened still in the range of movement last week. 0.88 level will still be acting as resistance, if pierced, the pair likely rise to 0.9. Conversely, the down side, there is support at the level of 0.874 and 0.836. AUD this week predicted would get support from the strengthening of the yuan and also started a political revival in Australia.

USD / CAD
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Pairs tend to be higher during trading last week, USD / CAD finally closed in the range of 1.035. 1.04 resistance level will be at the top, followed by 1.056 and 1.075. If the pair get momentum to rise above the 1.075 level of 1.1 will again be a target. Below, there is support at the 1.03 level, followed by 1.02. If you continue to fall, then the USD / CAD chance back below 1.0. Canada's Economy is better than America will continue to provide support for CAD.

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Sterling strengthened against the yen

In trading GBP / JPY European session Friday afternoon (9 / 7) British Pound currency strengthened against the Japanese yen moves and in the range of 134.27. £ forex investors increasingly interested in line with the strengthening of positive sentiment toward the currency, related to the performance expectations of an increase in foreign trade sectors of the UK.



Trade Balance recent data indicators scheduled to be announced by the National Statistics is expected to show an increase performance by decreasing the trade deficit. Indicators Trade Balance expected to be improved to-7.1B (-7.1 billion Pounds Sterling) from the previous value - 7.3B (-7.3 billion Pounds Sterling). Estimation of these pro-Sterling responded by investors on trading GBP / JPY.


Analyst Research Vibiz from Vibiz Consulting suggested that the Sterling currency to trade in this currency pair is expected to still have a potential to strengthen, especially until the data is actually released.

(Http://www.vibiznews.com/mla)


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