Support, Resistance

[johnsmith]

Resistances
2,0100 - 2,0150

Supports
2,0060 - 2,0030

[ngurah]

Short term (Intraday)

2,0176. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The price is just bellow 2,0190 resistance. The volatility is low. Bollinger bands are flat. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP USD. The uptrend should continue to gather momentum.
=> We could take a long position at 2,0170. We will put the stop loss below 2,0130 (-40 pips). The targets are 2,0220 (+50 pips) 2,0260 (+90 pips) 2,0300 (+130 pips). Each trade is dangerous, take care and put your stop loss. Trade configuration (1 Speculative -> 4 Trend following): 4.

Resistances

2,0190 - 2,0220

Supports

2,0150 - 2,0120

[sibfox]

EUR/USD will else try 2,02?

[sibfox]

July 9, 2007
GBP/$
Resistance Level (High) 2.0172
Support Level (Low) 2.0100

[mercury_man]

I think the price will down under the resistance in upper page , the quastion is "how we can caculate S1,S2,S3,S4 & R1,R2,R3,R4
, what are the equations ...."

Mercury_Man

[13thheaven]

I think the price will down under the resistance in upper page , the quastion is "how we can caculate S1,S2,S3,S4 & R1,R2,R3,R4
, what are the equations ...."

Mercury_Man

u can use the pivot calculator
just google it...
u should find it..
lots of people is using it actually...

[sibfox]

July 12, 2007 GBP/$
Resistance Level (High) 2.0367
Support Level (Low) 2.0269

[13thheaven]

as we know, we have pivot point, and the usual is 3 resistances and 3 supports...
can u post the other 2 R&S with the pivot here?

[sibfox]

July 13, 2007 GBP/$
Resistance Level (High) 2.0368
Support Level (Low) 2.0262

[Mohsen]

24 jul 2007
important S & R levels for GBPUSD

important Support levels
2.0545
2.0525
2.0505
2.0480
2.0455
important Resistance level
2.0578
2.0592
2.0619
2.0638
2.0656

[Resolve]

This topic is being updated for further discussions...

[Resolve]

This topic is being updated for further discussions...