DOLLAR OF THE USA
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GBP/USD - the technical analysis

(25.06.2007) GBP/USD - the technical analysis

Pound/dollar able to rise above level 1.9967, having established an intermediate maximum 2.0007, thereby, having designated the termination of the decrease in channel X-X + on ris. 2. This fact should recover both "bulls " and "bears " so as u the first there was a chance of continuation of ascending movement of pair lengthways linii B on fig. 3, and at the second - possibility to provoke the next nishodjashchee movement similar, in price expression, to pound decrease in kanale X-X + on fig. 2. While the initiative not on the party "bears ", they nikak cannot generate appreciable down-recoil in ascending movement britanskoj of currency with the beginning from 1.9621 (08/06/07). The important event will padenie be a course more low 1.9884 as it will assume, that "clumsy " intercept the initiative in the paws. Target areas for down-movement are about levels 1.9930, 1.9885, 1.9860, 1.9805, 1.9885. In turn, "bulls " aim at price intervals 2.0005/15, 2 2, 2 2. The first of intervals is already reached.


Trading tactics .
Ot level 1.9932 the position on sale is opened, half of positions is closed on otmetke 1.9915, stop-loss is transferred on level 2.0021, the purpose - 1.9810. In case the test a course of level of 1.9885 stops-loss it is transferable on 1.9930. At approaching pound to area nearby 1.9800 we will consider vozmozhnost for position statement on purchase.
the Reminder:
1. Privedennye above a reasoning on course prospects are only nashimi assumptions which are used for construction of the worker modeli;
2. After opening of any positions in any napravlenii podrazumevaetsja, that in case of a course change on 30п. In a direction pozitsii of feet-loss moves on opening level.
Successes to you.
Resistance: 2.0005 2, 2.0095, 2.0130, 1.0175, 2.0260.
the Current price-1.9972, 21:09 Moscow time.
Support: 1.9955, 1.9930, 1.9905, 1.9885, 1.9870, 1.9825, 1.9800, 1.9780, 1.9735, 1.9675, 1.9620, 1.9590, 1.9575.
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Parameters of last trading day:
Open=1.9922, High=1.9996, Low=1.9906, Close = 1.9984.
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a Fig. 1 - the schedule with the period of 60 minutes
a Fig. 2 - the schedule with the period of 480 minutes
a Fig. 3 - the schedule with the period day - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -


Vasilev Andrey

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