Tuesday, July 3, 2012
Binary Options - Market Outlook - October 13
FTSE The FTSE tried to break the level of 5700. With the relationship Pound sterling - dollar (GBP / USD) breaking the 1.60 level and the Euro-dollar (EUR / USD) 1.40 soon to be broken, we should see the FTSE move above the resistance level at any time.
S & P AUX 200 The S & P / ASX 200 Australian has started to strengthen again, away from its upward trend intact since last September, as a result of all for still higher prices be marked as soon as the AUR / break the 1.40 USD and AUD / USD breaks 1.00.
Tesco Tesco is taking a little break and is very strong. A table with standard head-shoulder shoulder may indicate higher prices reversed as soon as the FTSE and GBP / USD will fall below, as shown above.
BHP BHP has started to gain strength again and is building a nice box with a pivot pattern. The upward trend remains intact even since September and we can still expect much higher prices when the two price levels next break: 41 to break the pivot and 41.5 to break the resistance level set in August.
AUS / USD AUD / USD has almost finished forming a classic wedge pattern. We see the move above 1.00 very soon when this wedge-shaped pattern is broken, and probably in tandem with the move above 1.40 EUR / USD
GBP / USD GBP / USD seems almost ready to start moving in earnest. The pivot table pattern seems to want to break, followed by another break of 1.60 resistance level set in August.
Oro Gold futures are the darling of the party, perhaps with the exception of Silver future roadmap. The upward trend is still intact, although many speculators believe that a rest is needed at this time. However, the weak dollar that you can see, it probably means that gold will move much higher as investors seek safety.
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