Key currencies (Forex) & Gold Daily Forecast - 21 Oct, 2011

3 views

Skip to first unread message

unread,

Oct 20, 2011, 7:03:57 PM10/20/11

to kursus...@googlegroups.com

FREE FOREX MEMBERSHIP CLUB PROVIDES FREE FOREX SIGNALING BY EMAIL!!!

EUR/USD, GBP/USD ONLY (H4 TREND - LIVE AND REAL-TIME NOTIFICATION)

http://000freewebhosting.netne.net (100% Free Web Hosting / Free domain / Free web builder - FOR LIFE)

LIVE GBP-USD TRADING ACCOUNT SINCE 7 SEPTEMBER, 2011 > http://www.myfxbook.com/members/kecjung/gbp-usd/166768

SEE HOW MUCH IT'S GROWING EVERYDAY!!!!

IF YOU WOULD LIKE TO HAVE THIS FOREX TRADING SYSTEM FOR FREE, DON'T HESITATE TO CONTACT US BY EMAIL AT worldwide.marketing.service(a)gmail.com

BELOW INFORMATION IS ONLY FOR GOOGLE GROUPS MEMBERS' SHARING ONLY!!

DAILY FOREX & GOLD FORECAST FROM GO MARKETS DAILY (QUOTES) FOR 21 OCT, 2011

EUR/USD

GBP/USD

USD/JPY

EUR/JPY

GOLD


	EUR/USD intraday: continuation of the rebound.



	Pivot: 1.365 Our preference: Long positions above 1.365 with targets @ 1.3835 & 1.3885 in extension. Alternative scenario: Below 1.365 look for further downside with 1.358 & 1.3525 as targets. Comment: the RSI has just landed on a support around 30% and is reversing up.


	GBP/USD intraday: bounce.



	Pivot: 1.5730 Our preference: Long positions above 1.5730 with targets @ 1.5850 & 1.59 in extension. Alternative scenario: Below 1.5730 look for further downside with 1.5680 & 1.5630 as targets. Comment: the RSI is bullish and calls for further upside.


	USD/JPY intraday: rebound.



	Pivot: 76.8 Our preference: Long positions above 76.8 with targets @ 77.1 & 77.2 in extension. Alternative scenario: Below 76.8 look for further downside with 76.6 & 76.4 as targets. Comment: the RSI broke above a declining trend line.


	EUR/JPY intraday: bullish bias above 104.9.



	Pivot: 104.9 Our preference: Long positions above 104.9 with targets @ 106.6 & 107.05 in extension. Alternative scenario: Below 104.9 look for further downside with 104.2 & 103.75 as targets. Comment: the RSI has just landed on its neutrality area at 50% and is turning up.


	GOLD (Spot) intraday: rebound expected.



	Pivot: 1605.00 Our Preference: LONG positions above 1605 with 1635 & 1642.5 in sight. Alternative scenario: The downside penetration of 1605 will call for a slide towards 1595 & 1583. Comment: the RSI has just broken above a declining trend line.