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26Feb 14
626 views 1 comm.
Pair GBP / USD hourly chart is trading within a neutral trend. Rate is above the moving average with period 55 on the hourly chart, the level of 1.6676, thereby increasing prices. Signal for a long position will be breakdown up to an hour of resistance at 1.6694 in order to increase the resistance level at 1.6724 and in case of breakdown up to an hour to 1.6750. Stoploss for this strategy can be placed at 1.6670. Signal for a short position would be the breakdown on the basis of hours of support at 1.6658 to decline to the support at 1.6626 in case of breakdown up to an hour 1.6594. Stoploss for this strategy can be placed at 1.6705.  
26Feb 14
544 views 0 comm.
The euro / dollar is trading on the hourly chart within a neutral trend. It shows that the EUR / USD is trading below the moving average with period 55 on the hourly chart (level 1.3741), which has reduced prices in the short term. 
Signal for a long position will be breakdown up to an hour of resistance at 1.3769 in order to increase the resistance level at 1.3791 and in case of breakdown up to an hour to 1.3813. Stoploss for this strategy can be placed at 1.3730.  Signal for a short position would be the breakdown on the basis of hours of support at 1.3728 to decline to the support at 1.3706 and in case of breakdown up to an hour 1.3685. Stoploss for this strategy can be placed at 1.3755. 

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