Just a short recap from all the previous analysis as long as the month of May not yet ended the bullish sentiments for GBP-USD, EUR-USD, AUD-USD, GBP-JPY is still steaming high. So 4 hourly time frame support is believe to be strong.
Wednesday, June 17, 2009
Forex Trade Result (29 May 2009)
Today is the last day of trading for the month of May and next week we are entering month of june where bearish sentiment is very much likely to happen. Therefore today the overall expectation for GBP-USD, EUR-USD, USD-CAD will still be bouncing ups and downs within the support resistance level. At this point usually there are three time frames mainly the 4 hourly, 1 hourl, and 30 minutes where indicators like slow stochastic will have strong impact on the market expected directions.
Just a short recap from all the previous analysis as long as the month of May not yet ended the bullish sentiments for GBP-USD, EUR-USD, AUD-USD, GBP-JPY is still steaming high. So 4 hourly time frame support is believe to be strong.
Just a short recap from all the previous analysis as long as the month of May not yet ended the bullish sentiments for GBP-USD, EUR-USD, AUD-USD, GBP-JPY is still steaming high. So 4 hourly time frame support is believe to be strong.
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