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http://marketsanalysis.net/?p=1559 Aug 02, 2011 : 4:30 a.m. GMT Weekly Chart: The pair failed, as expected before, to surpass the major resistance level (@ 1.67520), retreated from this level violently and then penetrated the rising yellow trend line. The RSI failed, during the nearly...

Hello petsamo, you have to read the analysis again !! sorry, we are dealing with probabilities !! the trend is up and the weight-of-evidences confirms the continuation of this trend to our mentioned up-side target. in other words, the odds are in the favor of bulls. in again...

http://marketsanalysis.net/?p=1549 We were expecting the end of the current correction, but it seems that we were too early. The prospected up-breakout, which was our main reason to tell that a correction has run its course, over a declining resistance line of a falling wedge decline proved...

http://marketsanalysis.net/?p=1542 Trend lines, moving averages and RSI are our main tools in this commentary; we’ll try to identify the weight-of-evidences, pinpoint the prospected scenarios and the most important structure range to watch. (1) The price action since mid-2009 is being...

IMPORTANT LEVELS TO WATCH http://marketsanalysis.net/?p=1412 A sideway action, which looks unfavorable for bulls, so far, is hovering just below a major resistance zone. We don’t know yet if this pattern will turns to be a Head-and-Shoulders topping reversal pattern, but if so, it will...

A MAJOR TOPPING PATTERN IS UNDER CONSTRUCTION http://marketsanalysis.net/?p=1374 “When it comes to critical stages, play it classical”. The Daily chart is full of classical works; we have drawn several trend lines, sloping and horizontal, and as we put the pieces together, the picture...