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Browsing Archive: April, 2009

Usd/Jpy: Key Resistance level being tested

Posted by Casey Sheldon on Thursday, April 2, 2009, In : Trade opportunities 
6:00 am est

Casey Stubbs -- Winners Edge Trading
Usd/Jpy

When a key resistance level like this comes along it is time for traders to pay attention. 

The dollar hit a key technical and mental resistance level this morning just short of 100.00. The price hit 99.79 and the price has stalled and has been struggling to break 100.00. Watch the 100.00 level closely if the price beats that level we could see more gains. This is the third time that this technical level has been tested the first time was o...
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Eur/Usd: Trade Update

Posted by Casey Sheldon on Wednesday, April 1, 2009, In : Trade opportunities 
9:30 Est.

Casey Stubbs-Winners Edge Trading

The Eur has been been moving sideways of late we will see if the pair moves back to challenge the earlier highs set. 

Here are the daily resistance and support levels.

 

Currency

Sup 2

Sup 1

Spot

Res 1

Res 2

EUR/USD

1.3113

1.3174

1.3245

1.3343

1.3592


Check the lower trend line on the chart if that gets broken to the downside we could see more dollar gains. If there is a bounce off of the trend line we could s...


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Casey Stubbs


Casey Stubbs I am married to a wonderful woman Deanna we have 5 children. I am a christian serving, The Lord Jesus with all my heart. I am involved in my church and take mission trips every year. I have been trading since I was 18 when my dad taught me. I have traded stocks, options and forex. When I found forex I knew that I would never want to trade any of the others again.
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