WorldWideMarkets Community

Forex Trading, Market News & Technical Analysis

Cable Technical Levels, Support and Resistance

Posted by Joseph Trevisani on Mar 22, 2013 1:44:00 PM


1.5300          Medium offers
1.5270-80     Strong offers
1.5245/55      Medium offers
1.5246           Intra-day high Europe-NY, Asia 1.5195
1.5230           Medium offers

1.5215       Market 1.5233 2:40 pm ET

1.5191         Reaction low after Fitch placed UK on rating watch for negative downgrade
1.5167         Intra-day low Asia
1.5165/60     Medium demand
1.5125/20     Medium demand
1.5100/090   Medium demand/Stops
1.5042         UK Budget reaction low, Wednesday March 20
1.5027         Wednesday March 20 low
1.5010/00     Medium demand
1.4985/80     Medium demand

 

MNI & WWM

Chart: Bloomberg

ScreenHunter 837 Mar. 22 14.37 resized 600

 

Tools & Educational Resources

Forex 101LEARN MORE >>
Learn the basics of Forex and how to practice trading the markets.

GlossaryLEARN MORE >>
Confused by the language? Click here and search for key trading terms.

FAQ CenterLEARN MORE >>
Browse our frequently asked questions and find your answers right away.

VideosLEARN MORE >>
Access to the educational lessons, webinars and platform walkthroughs.

READY TO TRY THE MARKETS?

Get started with a FREE $10,000 Demo Account and experience the Forex Market RISK FREE!