How Swansea Has Been Affected by the Credit Crunch | ArticlesBase.com
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local economy is stable despite concerns about an ongoing worldwide recession and the “credit crunch” that seems to have resulted from it. He points out that the number of planning applications has increased (even minor applications held steady overall), unemployment figures are lower than they were just a year ago, and few signs of any type of economic decline are evident there. Read more..
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Have you ever questioned why there are so many Baby Boomers? I mean, what was going on about nine months before we all got born? Even more important, what’s happening to us today? Have you thought about retiring? Yeah, Right! In today’s economy, are you kidding? We are probably in another… Read more..
Mizuho’s technical analysis: Market is sideways. Suggested strategy is to attempt long (buy) at 1.5700; stop below 1.5400. First target 1.6000. Points to watch: 3rd support (1.5535) and 3rd resistance (1.6200) Danske’s technical analysis: Market is in a downtrend. Suggested strategy is to attempt long (buy) if price breaks 1.6201 with first profit target at 1.7235. Place the [...]
Mizuho’s technical analysis:
Market is sideways. Suggested strategy is to attempt long (buy) at 1.5700; stop below 1.5400. First target 1.6000. Points to watch: 3rd support (1.5535) and 3rd resistance (1.6200)
Danske’s technical analysis:
Market is in a downtrend. Suggested strategy is to attempt long (buy) if price breaks 1.6201 with first profit target at 1.7235. Place the stops at 1.5530 or change trade direction if price breaks it. Profit target for this sell (short) entry is 1.5400.
Ino MarketClub’s Trend analysis:
Strong Down Trend (score -100)
Points to watch from my pivot-calculation are the 3rd resistance (1.6207) and 1st support (1.5533)
At the time I wrote this, gbp/usd price was ranging around 1.5770. My plan is to place long order if price breaks 1.6200. Anticipate-stops will be at 1.6100. I will place short order if price breaks 1.5530. Anticipate stops will be at 1.5630.
Please note that this is just a trading idea, I do not execute trade solely based on this. I write this in purpose to show you (especially novice traders) about how I make use of the free technical analysis data for my intraday trading.
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