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Tag: price momentum
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GBP/USD-GBP/JPY Market Overview
In my 4 hour time frame I see GBP/USD consolidate since August 24. Last week it broke 2.0234 which I interprete as a sign that it will keep going south in the next swing. It is possible that it will continue to 1.9900 level. However since the price momentum showing an oversold situation, a retracement [...]
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Latest Comments
On: Daily Free Forex Signal 28-08-2008
(adrian):re the below trade, this level was hot only in the afternoon, so was your...
(adrian):re the below trade, this level was hot only in the afternoon, so was your...
On: Dukascopy
(Danielle):Dukascopy is a great forex broker. They have very low spreads (0.5 -1 pip). I...
(Danielle):Dukascopy is a great forex broker. They have very low spreads (0.5 -1 pip). I...
(Another Brian):you use the linear regression line of two points on the MA. then measure...