THIS RECAP WILL BE BRIEF IS DUE TO MY 4GB MONTHLY INTERNET SERVICE WHICH I HAVE HAD THE PAST FOUR MONTHS WITH NO PROBLEMS, BEING CANCELLED FIVE DAY EARLY!! & 30 MINUTES BEFORE THE F.O.M.C. RELEASE ON 04/25/2012, WEDNESDAY! Hmmm.....
OK, OK, BASICALLY STERLING FINISH THE WEEK BULLISH, WHAT ABOUT STERLING DURING F.O.M.C. MORNING, AFTER A WEAK GDP REPORT AND HITTING 1.6080, STERLING SHOW NO WEAKNESS TECHNICALLY OR FUNDAMENTALLY, IN FACT STERLING HIT, 1.6155 MINUTES BEFORE THE F.O.M.C. RELEASE.... I WAS OUT OF MY STERLING LOTS AT, 1.6126 AROUND 9:30 A.M., (SHOULD HAVE KEPT THEM)
BASICALLY STERLING CLOSED THE WEEK +174 PIPS, WHICH ACTUALLY HAPPEN BETWEEN WEDNESDAY THRU FRIDAY (THAT'S FROM THE WEEK LOW TO THE WEEK HIGH)
HITTING, 1.6279 IN THE AFTERNOON FRIDAY TOO CLOSE THE WEEK WITH POWER! BREAKING TWO BULLISH RESISTANCE LEVELS AND JUST BELOW THE THIRD TECHNICAL LEVEL OF 1.6343 FOR THE WEEK.
GOING IN NEXT WEEK, WHICH BY THIS BLOG, IT'S ALREADY THURSDAY MAY 03,2012... I WILL OFFER THE TECHNICALS FOR THE WEEK BUT NOT FOR EACH PERVIOUS DAY, IF NEED PLEASE CONTACT US. OH, THIS IS NON-FARM WEEK!!, FUNDAMENTALLY THE MOST IMPORTANT RELEASE OF THE MONTH, FIRST FRIDAY OF MOST MONTHS, TRADITIONALLY A LOT OF VOLUME IS ON THE SIDE-LINES UNTIL FRIDAY, OR YOU MY NOTICE A, U.S.D. DOLLAR BULL IN A FEW CURRENCY PAIRS.
STERLINGS TECHNICALS FOR THE WEEK:
A BULLISH STERLING FINDS SUPPORT AT, 1.6204 THE NEXT LEVEL TO BREAK IS, 1.6280 IF STERLING CONTINUES TO FIND BULLISH VOLUME THE NEXT TECHNICAL LEVEL IS 1.6327 AND FINALLY A VERY STRONG STERLING HITS, 1.6399 OR HIGHER THIS WEEK.
IF STERLING DOESN'T FIND SUPPORT AT 1.6204 THIS WEEK THE NEXT LEVEL OF SUPPORT IS, 1.6128 IF STERLING CONTINUES TO BEAR IT COULD HIT, 1.6086 AND FINALLY IF NO BULLISH VOLUME RETURNS IT MAY TOUCH, 1.6009....
STERLING HIT, 1.6300 /04/30/2012 MONDAY AND HAS BEEN RETRACING SINCE, LIKE I SAID THIS IS NON-FARM WEEK, IF THE REPORT IS WEAK FRIDAY FOR THE U.S.D., FUNDAMENTALLY STERLING WILL HIT, +1.6327 TOO CLOSE THE WEEK..
ONE ADDITIONAL FACT, AUD/USD PAIR...IS SHOWING MAJOR U.S.D. STRENGTH THIS YEAR...THE AUSSIE IS BASICALLY THE ONLY CURRENCY THAT HELD IT'S GROUND DURING THIS GREAT RES-SESSION BUT IT'S FOUR YEAR REIGN LOOKS LIKE IT'S OVER, OR DUE FOR A MAJOR RETRANCEMENT LIKE TOO, 0.9211.(TECHNICALLY).. THE FUNDAMENTAL QUESTION IS, WILL THEY DROP THERE INTEREST RATE????? IF NOT! THE AUSSIE WILL RECOVER...
THANK YOU FOR YOUR TIME AND HAVE A GREAT DAY,
WWW.SPEEDTRADER24.COM
WWW.CREATESPACE.COM/3597011
EMAIL: IDOMINATEFX@GMAIL.COM
OK, OK, BASICALLY STERLING FINISH THE WEEK BULLISH, WHAT ABOUT STERLING DURING F.O.M.C. MORNING, AFTER A WEAK GDP REPORT AND HITTING 1.6080, STERLING SHOW NO WEAKNESS TECHNICALLY OR FUNDAMENTALLY, IN FACT STERLING HIT, 1.6155 MINUTES BEFORE THE F.O.M.C. RELEASE.... I WAS OUT OF MY STERLING LOTS AT, 1.6126 AROUND 9:30 A.M., (SHOULD HAVE KEPT THEM)
BASICALLY STERLING CLOSED THE WEEK +174 PIPS, WHICH ACTUALLY HAPPEN BETWEEN WEDNESDAY THRU FRIDAY (THAT'S FROM THE WEEK LOW TO THE WEEK HIGH)
HITTING, 1.6279 IN THE AFTERNOON FRIDAY TOO CLOSE THE WEEK WITH POWER! BREAKING TWO BULLISH RESISTANCE LEVELS AND JUST BELOW THE THIRD TECHNICAL LEVEL OF 1.6343 FOR THE WEEK.
GOING IN NEXT WEEK, WHICH BY THIS BLOG, IT'S ALREADY THURSDAY MAY 03,2012... I WILL OFFER THE TECHNICALS FOR THE WEEK BUT NOT FOR EACH PERVIOUS DAY, IF NEED PLEASE CONTACT US. OH, THIS IS NON-FARM WEEK!!, FUNDAMENTALLY THE MOST IMPORTANT RELEASE OF THE MONTH, FIRST FRIDAY OF MOST MONTHS, TRADITIONALLY A LOT OF VOLUME IS ON THE SIDE-LINES UNTIL FRIDAY, OR YOU MY NOTICE A, U.S.D. DOLLAR BULL IN A FEW CURRENCY PAIRS.
STERLINGS TECHNICALS FOR THE WEEK:
A BULLISH STERLING FINDS SUPPORT AT, 1.6204 THE NEXT LEVEL TO BREAK IS, 1.6280 IF STERLING CONTINUES TO FIND BULLISH VOLUME THE NEXT TECHNICAL LEVEL IS 1.6327 AND FINALLY A VERY STRONG STERLING HITS, 1.6399 OR HIGHER THIS WEEK.
IF STERLING DOESN'T FIND SUPPORT AT 1.6204 THIS WEEK THE NEXT LEVEL OF SUPPORT IS, 1.6128 IF STERLING CONTINUES TO BEAR IT COULD HIT, 1.6086 AND FINALLY IF NO BULLISH VOLUME RETURNS IT MAY TOUCH, 1.6009....
STERLING HIT, 1.6300 /04/30/2012 MONDAY AND HAS BEEN RETRACING SINCE, LIKE I SAID THIS IS NON-FARM WEEK, IF THE REPORT IS WEAK FRIDAY FOR THE U.S.D., FUNDAMENTALLY STERLING WILL HIT, +1.6327 TOO CLOSE THE WEEK..
ONE ADDITIONAL FACT, AUD/USD PAIR...IS SHOWING MAJOR U.S.D. STRENGTH THIS YEAR...THE AUSSIE IS BASICALLY THE ONLY CURRENCY THAT HELD IT'S GROUND DURING THIS GREAT RES-SESSION BUT IT'S FOUR YEAR REIGN LOOKS LIKE IT'S OVER, OR DUE FOR A MAJOR RETRANCEMENT LIKE TOO, 0.9211.(TECHNICALLY).. THE FUNDAMENTAL QUESTION IS, WILL THEY DROP THERE INTEREST RATE????? IF NOT! THE AUSSIE WILL RECOVER...
THANK YOU FOR YOUR TIME AND HAVE A GREAT DAY,
WWW.SPEEDTRADER24.COM
WWW.CREATESPACE.COM/3597011
EMAIL: IDOMINATEFX@GMAIL.COM
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