DailyMarkets.com - 3 Charts To Watch For Monday’s Action

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• 3 Charts To Watch For Monday’s Action
• Forex – EUR/USD Weekly Outlook: July 18 – 22
• Forex – GBP/USD Weekly Outlook: July 18 – 22

3 Charts To Watch For Monday’s Action Posted: 17 Jul 2011 08:43 AM PDT Friday's relatively quiet session introduces opportunity for Monday's market, as these three futures contracts are poised for breakouts. Read more.. Inside Value Relationship One of my favorite setups is the Inside Value relationship, which allows you to forecast when a chart is ready for a breakout opportunity…in any timeframe. The Inside Value relationship develops when the Value Area (VAL to VAH) for the upcoming session forms within the Value Area from the prior session. This … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – EUR/USD Weekly Outlook: July 18 – 22 Posted: 17 Jul 2011 08:02 AM PDT Forexpros – Last week saw the euro decline against the U.S. dollar for the second consecutive week, as ongoing fears over sovereign debt contagion in euro zone outweighed concerns over a possible U.S. sovereign debt default.&nbsp; <br /><br />EUR/USD hit 1.3837 on Tuesday, the pair&rsquo;s lowest since March 11; the pair subsequently consolidated at 1.4153 by close of trade on Friday, shedding 0.35% over the week.&nbsp; <br /><br />The pair was likely to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

Forex – GBP/USD Weekly Outlook: July 18 – 22 Posted: 17 Jul 2011 07:30 AM PDT Forexpros – Last week saw the pound climb to a three-week high against the U.S. dollar, as growing fears over a potential U.S. sovereign debt default pressured the greenback lower. <br /><br />GBP/USD hit 1.6193 on Thursday, the pair&rsquo;s highest since June 22; the pair subsequently consolidated at 1.6133 by close of trade on Friday, gaining 0.73% on the week. <br /><br />Cable is likely to find support at 1.5904, Wednesday&rsquo;s low and resistance at … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards

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