STERLING HIT A HIGH OF 1.6270 BEFORE THE RELEASE OF THE BOE'S STATEMENT. SINCEMTHERE WAS NO HAWKISH DEVELOPMENT, WE SAW A TECHNICAL RETRACEMENT OR PROFIT TAKING. STERLING TO TESTED A KEY TECHNICAL SUPPORT LEVEL TODAY, HITTING A SESSION LOW OF 1.6183 DURING THE U.S.D. SESSION, WHICH IS THE TECHNICAL SUPPORT OF THE 200 M.A. OF THE W1 TIME FRAME. STERLING REACH, 1.6235 AFTERWARDS
TECHNICALS FOR STERLING FOR TODAY'S SESSION:
A BULLISH STERLING FINDS SUPPORT AT, 1.6227 THE NEXT RESISTANCE LEVEL TO REACH IS, 1.6260 A POSITIVE TREND WILL DEVELOP TO, 1.6281 AND FINALLY A STRONG BULL REACHES 1.6312 OR HIGHER FOR TODAY'S SESSION.
NON SUPPORT FOR STERLING AT, 1.6227 WE CAN LOOK FOR SUPPORT AT, 1.6194 IF THE TREND CONTINUES BEARISH, THE NEXT LEVEL OF SUPPORT IS, 1.6173 AND FINALLY A SUPPORT LEVEL OF, 1.6142 COULD BE REACH BEFORE BULLISH VOLUME RETURNS.
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FUNDAMENTAL, PLEASE REVIEW YOUR ECONOMIC CALENDER!! TODAY'S SESSION HAS A GREAT DEAL OF RELEASES, (((ALL TIMES, EST.)))
1:00 A.M. STATUS HIGH, BANK OF JAPAN'S MONTHLY ECONOMIC REPORT.
2:00 A.M. STATUS HIGH, EURO RELEASE, PRODUCER PRICE-GERMANY.
4:30 A.M. STATUS MEDIUM., STERLING, RETAIL SALES.
8:30 A.M. STATUS MEDIUM, USD, INITIAL JOBLESS CLAIMS.
10:00 A.M. STATUS MEDIUM, USD, PHILIA. FED. REPORT.
(FED MEMBERS WILL BE SPEAKING THROUGHOUT TODAY DURING THE USD SESSION AS WELL).
TRADE WITH THE TREND!
WWW.CREATESPACE.COM/3597011
WWW.SPEEDTRADER24.COM
WWW.FACEBOOK.COM
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TECHNICALS FOR STERLING FOR TODAY'S SESSION:
A BULLISH STERLING FINDS SUPPORT AT, 1.6227 THE NEXT RESISTANCE LEVEL TO REACH IS, 1.6260 A POSITIVE TREND WILL DEVELOP TO, 1.6281 AND FINALLY A STRONG BULL REACHES 1.6312 OR HIGHER FOR TODAY'S SESSION.
NON SUPPORT FOR STERLING AT, 1.6227 WE CAN LOOK FOR SUPPORT AT, 1.6194 IF THE TREND CONTINUES BEARISH, THE NEXT LEVEL OF SUPPORT IS, 1.6173 AND FINALLY A SUPPORT LEVEL OF, 1.6142 COULD BE REACH BEFORE BULLISH VOLUME RETURNS.
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FUNDAMENTAL, PLEASE REVIEW YOUR ECONOMIC CALENDER!! TODAY'S SESSION HAS A GREAT DEAL OF RELEASES, (((ALL TIMES, EST.)))
1:00 A.M. STATUS HIGH, BANK OF JAPAN'S MONTHLY ECONOMIC REPORT.
2:00 A.M. STATUS HIGH, EURO RELEASE, PRODUCER PRICE-GERMANY.
4:30 A.M. STATUS MEDIUM., STERLING, RETAIL SALES.
8:30 A.M. STATUS MEDIUM, USD, INITIAL JOBLESS CLAIMS.
10:00 A.M. STATUS MEDIUM, USD, PHILIA. FED. REPORT.
(FED MEMBERS WILL BE SPEAKING THROUGHOUT TODAY DURING THE USD SESSION AS WELL).
TRADE WITH THE TREND!
WWW.CREATESPACE.COM/3597011
WWW.SPEEDTRADER24.COM
WWW.FACEBOOK.COM
<script type="text/javascript" src="http://www.adneighbor.com/adshow.ashx?id_ad_type=5&guid_site=77EE6F5F-7F92-43DB-88CE-182CC7A70029"></script>
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