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– GAFX | Trade Signals Team
Forex: GBPUSD [Technical Comment] 5 Jul 2011 | 07:26 pm
The recent retracement in oil should see it test price support at 94.70. If it fails to hold here, we view 94.45 then 94.00 as immediate supports of note, with first resistance now at 95.10 (ARF).
Index: SSI1U [Technical Comment] 5 Jul 2011 | 07:20 pm
SSI1U has formed a piercing line pattern on the H1 chart, is likely to penetrate the psychological level of 10,000 based on the RSI and ADX indicators to target the nearest 10,035. (MT)
