Forex Market GBP/USD Technical Data

GBP/USD CRITICAL POINTS         2/17/10 UPDATED 3:45 PM Forex Trading     SUPPORT AND RESISTANCE   SUPPORT #1              1.5657                                         SUPPORT #2              1.5650        SUPPORT #3               1.5627   CLASSIC SUPPORT    1.5535               ————————————————————————————————————-   RESISTANCE #1           1.5728   RESISTANCE #2            1.5763   RESISTANCE #3             1.5815   CLASSIC RESISTANCE    1.6066     FIBONACCI AND PIVOTS   $…

Forex Market EUR/USD Technical Data

EUR/USD CRITICAL POINTS         2/17/10 UPDATED 3:45PM Forex Trading     SUPPORT AND RESISTANCE   SUPPORT #1              1.3600                                      SUPPORT #2              1.3588     SUPPORT #3               1.3580   CLASSIC SUPPORT    1.3531                   ————————————————————————————————————-   RESISTANCE #1            1.3650   RESISTANCE #2            1.3700   RESISTANCE #3            1.3786   CLASSIC RESISTANCE    1.4025     FIBONACCI AND PIVOTS   $ AREA…

Weekly Forex Outlook

Chinese Lunar New Year coupled with an already uncertain situation will end up giving us a large two sided market this week. Look for the Dollar strength we have enjoyed to stall. Gold is currently in one of the biggest bubbles I have ever seen in 20 years of trading. It is shocking to me…