| Home | About Us | Mail
| Contact Us
|_Download | Event & Workshop | Products | Trading Strategies
 

Congratulations for being alive to see the last month in the year 2010. Welcome to another profitable trading month of December.

==========================================================

This week presents a packed Fundamental calendar, including a number of major economic data releases tradable from Tuesday 14th December but after the announcement of the Large Scale Asset Purchase program in November, the statement after this last meeting of 2010 should be fairly routine.
FUNDAMENTAL ANALYSIS
DATE: 13th December, 2010

Non!
TECHNICAL ANALYSIS
DATE: 13th December, 2010

EURUSD - Is still set for DOWNSIDE in the short term due to the unresolved issues in the Europe zone, with key support seen around $1.3150 / 80. A break below here would open a deeper move toward 1.2970, while a break above this week’s highs at $1.3440 / 50 is needed to relieve this negative undertone.

GBPUSD - This pair has more positive tone for now even with the fact that this week is capped with full Fundamental events. Daily studies suggest that the upside has more room, with a break above resistance at $1.5895 / 00 expected to open a move towards $1.5950 and potentially $1.5990. Only a break below $1.5670 would negate this positive scenario.
visit http://www.fxlebconcepts.com/performance.html for Terryfic Trading System results

Warning: Be smart and conservative with your investments! Good money management is required for you to stay longer in the business.

Tested and Trusted Brokers
 
 
 
 
Third Party AD
 
Mangement Methods Of Jesus

 

 

 
 
All rights reserved, Fxleb Concepts Limited 2010