by Johan Kriek ([email protected])
The FOMC minutes later in the US session could be a “market mover”. So keep an eye out for that
Probability Studies:
Direction of Highest Probability: BULLISH
60 minute trend support: 1.4800
Bearish Probability below: 1.4800
Significant support: 1.4800, 1.4487
Significant resistance:1.5036
Direction of Highest Probability: BULLISH
60 minute trend support: 1.5912
Bearish Probability below: 1.5912
Significant support: 1.5912
Significant resistance:1.6000
Direction of Highest Probability: BULLISH
60 minute trend support: 0.9095
Bearish Probability below: 0.9095
Significant support: 0.9095, 0.8735
Significant resistance:0.9845
Direction of Highest Probability: BEARISH
60 minute trend resistance: 89.79
Bullish Probability above: 89.79
Significant resistance: 89.79, 90.00
Significant support:88.70
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This analysis has been based on the Probability Study Technique which is derived from the Dow Theory
Also note that a “trading condition” does not constitute a trading signal, but rather a context to execute your own trading system within.
For more about the Probability Study Technique, please visit forums.fxinstructor.com or register yourself a seat at
http://www.fxinstructor.com/eng/courses/probability-reserve.php to learn this technique
Enjoy and good luck!
Johan