Forex

GBPUSD Analysis 2010-11-25

4XEagleEye Dashboard

Date: 25 Nov 2010 19:10:01 GMT GBPUSD Short Term Market Outlook

We see high chances of the pair move down gradually towards (1.5598 – 1.5548).
A proper confirmation would occur if the GBPUSD will manage to close below the (1.5694) support over today`s trading session.
Look for short positions for today`s trading session.


Summary

Direction

Moving Averages
Reversal Probability
Oscillator

Bullish
2010-11-25 14:00

1.6084
1.6028
1.5949
1.5889
1.5838
1.5694
1.5598
1.5548
1.5498
1.5448
MA Penetrated
25 Nov 2010 08:06:50 GMT
GBPUSD has closed above 30 SMA. This should empower bullish short term technical outlook.
Stochastic Oversold
25 Nov 2010 04:07:08 GMT
GBPUSD Stochastic (14) Main line has crossed above Signal line while both lines been below 20. This is a probable short term bullish turning point.
Stochastic Oversold
25 Nov 2010 02:07:07 GMT
GBPUSD Stochastic (14) main line entered hourly oversold zone. Traders should NOT consider any short term short trades.

Hourly Alerts

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