Market Commentary -
US DX
92.260 +0.040 +0.05%
The US DX is still in its consolidating phase letting out the weaker longs and waiting for further justifications to push through the next resistance at 92.994. Key support is now seen at 91.774
EUR/ USD
1.177885 -0.006280 -0.53%
EUR still in its downward descent towards the key support at 1.16892 whilst upwards price resistance now at 1.19002.
Crude Oil
46.90 +0.39 +0.84%
The
CL now has firm support at 43.04 and upwards resistance at 48.22
Gold
1231.975 -5.775 -0.47%
Gold still hasn't broken out of its technical resistance at 1255. key support now seen at 1205.
Pieter Bergli - DeLoren Trust Holdings
Forex education for all
Disclaimer - U.S. Government Required Disclaimer - Commodity Futures Trading Commission
Futures
and Options trading involves risks of losses. No representation is
being made that any reader and account will or is likely to achieve
profits or losses similar to those that are being discussed on this blog
http://forexeducationperspective.blogspot.com/. The past performance of
any trading system or methodology discussed is not necessarily
indicative of future results.
CFTC RULE 4.41 - HYPOTHETICAL OR
SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL
PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING.
ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE
UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET
FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN
GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE
BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT
WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
All
trades, patterns, charts, systems, etc., discussed in this blog
http://forexeducationperspective.blogspot.com/ are for educative and
illustrative purposes only and not to be construed as specific advisory
recommendations for actual trades. Disclaimer -
http://forexeducationperspective.blogspot.com/ bears no responsibility
for the trading actions of its readers.
