ANALYSIS

TRADING SIGNALS

This section presents free daily trading signals on major currency pairs. Trading signals are based practically on the same market analysis principles as daily technical analysis reviews provided by the Company.

03.02.12	Monthly	Weekly	Daily	Strategy	Entry	Stop	Target1	Target2	Target3
EUR/USD					1,3150	1,3060	1,3190	1,3230	1,3280
Resistance	1,3235	1,3235	1,3200
Support	1,2625	1,2860	1,3080
USD/CHF					0,9170	0,9250	0,9130	0,9080	0,9020
Resistance	0,9595	0,9375	0,9205
Support	0,9115	0,9115	0,9130
GBP/USD					1,5820	1,5700	1,5860	1,5920	1,5980
Resistance	1,6165	1,6165	1,5880
Support	1,5230	1,5515	1,5775
USD/JPY					76,40	77,00	76,10	75,70	75,30
Resistance	78,30	78,30	76,35
Support	75,55	75,55	76,00

Difference between trading signals and technical analysis

The main difference is that technical analysis suggests explanation of the current market situation, while trading signals only rouse to action with no comments.

Thus, trading signals are designed for those persons who do not have time nor the desire to make themselves familiar with an analytical review and with the analyst`s point of view as well as for those who lack sufficient knowledge required to understand correctly technical analysis and to draw the right conclusion from it.

Disclaimer

The given trading signals are provided as a trading tool for informational purposes only. Under no circumstances the given trading signals should be treated as financial advice. Use or misuse of the information on this page specifically exempts FOREX LTD, its affiliates, subsidiaries, agents or shareholders from any liability whatsoever.

Guidance on trading signals

1. Open a position at the price indicated in «Entry» section in «Strategy» direction with the help of market or pending orders, depending on the current price.
2. In case when Target 1, Target 2 and Target 3 levels are attained, partial or complete closing of the total position or gradual moving of a Stop Loss to the break-even zone should be made. For instance, when Target 1 is attained, a Stop Loss level should be placed at opening price level and when the price reaches Target 2 a Stop Loss should be moved to Target 1 level.
3. In the event, when market conditions dramatically change, as it may happen after release of some crucial economic reports, a breakout of the price level indicated in «Stop» section may occur. In this case closing of all unprofitable positions may be accompanied by reopening of positions in the opposite direction with the target levels of «Resistance» and «Support».
4. Pointers have the following meaning: and - trend direction; - flat/sideway; and - correction.

CONTACTS

+44 20 8133 87 01
Contact Form