GBPUSD End of 1st Quarter (updated) - forex trading gold news

GBPUSD End of 1st Quarter (updated) ~ forex trading gold news

The cable broke out of the concrete zone and the pullback currently sits pretty well on the concrete zone both on the daily and weekly charts. The target appears to be 1.70000 to retest the highest point in August 2009. This will then create a new range of 1.64000 to 1.70000. The weekly candle will confirm a breakout from any range.



I attach the weekly, daily and H4 charts in support of the above analysis



Enjoy your trading for the rest of the week!
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Australia Producer Price Index Increase 0 2 in 4th Quarter of (updated) - forex trading classes in pune

Australia Producer Price Index Increase 0 2 in 4th Quarter of (updated) ~ forex trading classes in pune

The news will affect AUD related Counter

Australian Bureau of Statistics said on Friday that Australia Producer Price Index (PPI) were up 0.2% in the fourth quarter of 2012 compared to the previous three months. That was below forecasts for an increase of 0.3 percent after adding 0.6 percent in the third quarter.

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Mastercharts for major pairs - news trading strategy forex factory

Mastercharts for major pairs ~ news trading strategy forex factory

What I will share you over the next few weeks is the outcome of some of the research efforts I have concluded. I call these charts the mastercharts. The yellow lines are the major support/resistance area, while the blue/red lines are for minor support/resistance



Replicate the levels on the chart on your trading platform. They are good enough to guide to a profitable trading you for a long time to come.



I share these charts here for the benefit of the lucky few who will be disciplined enough to exploit their usefulness.



The charts are for monthly, weekly, daily, H4 timeframe charts for the majors pairs.



Have a good day!
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Mastercharts GBPUSD - forex strategies for news trading

Mastercharts GBPUSD ~ forex strategies for news trading

The major support/resistanc areas for GBPUSD are situated around every 1000 PIPS. Here are the levels.


1.93000
1.83000
1.73000
1.63000
1.53000
1.43000

1.60000 is a major psychological level, the gateway to the top and bottom for both bear and bull. The monthly, weekly and daily charts are attached
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