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Weekly Forex Markets Analysis |
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By Tim LuCarelli
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January 20, 2012
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We are back with our weekly recap of the Forex markets heading into the weekend. Many markets are seeing an up week against the dollar. The GBP/USD has been up for 5 straight days and looks likely to continue moving upwards until it reaches the next resistance zone in the market. It has previously failed to break through this level 3 times so we will be watching carefully.
To learn more from Tim, please visit his website at FXAddicts.com.
This website is for educational purposes only. Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency. |
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This website is for educational purposes only. Offers and events from 3rd party vendors are provided for convenience only. Trader Kingdom is not responsible for the content of a 3rd party website or their services.
Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.
