26 May 2010 Analysis & Strategies « WorldBestPortfolio.com

May/10

26 May 2010 Analysis & Strategies

WorldBestPortfolio.com has released our analysis for 26 May 2010. Please read this post for more on our take on today’s market.

NZDJPY

NZDJPY found support at the 60.00 level. Though it has broken thru several times, we believe this support will continue to hold. Large buying power is showing here despite the rapid fall to this support level.

The break below the support we believe is due to momentum selling. Once consolidation completes here, NZDJPY should find itself on its way back up to the resistance at 69.00.

WorldBestPortfolio runs a forex trading signal service, where traders from beginners to experts, can benefit and mirror each and everyone of WorldBestPortfolio’s trades. WorldBestPortfolio.com trades with the name“ForexCapitalGrowth” over at Zulutrade.com. For more information and stats on our trads, visitForexCapitalGrowth at Zulutrade.

WorldBestPortfolio also runs a signal service at RentaSignal.com. For a small monthly fee, you’re able to receive and trade with all our signals. Look for “ForexCapitalGrowth” at RentaSignal.com.

NZDJPY

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Analysis and Strategies on this blog do not necessary mirror each and everyone of our trades. However, they are an insight into how we narrow down the various possible currency pairs and our trading chain of thought.

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Information on WorldBestPortfolio.com will not be republished without consent from us. WorldBestPortfolio provides independent opinion of the market. However, we are not Certified Financial Advisers. Forex and CFDs are leveraged products, incur a high level of risk and may not be suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary.

WorldBestPortfolio runs a forex trading signal service, where traders from beginners to experts, can benefit and mirror each and everyone of WorldBestPortfolio's trades. WorldBestPortfolio.com trades with the name "ForexCapitalGrowth" over at Zulutrade.com. For more information and stats on our trads, visit ForexCapitalGrowth at Zulutrade.

WorldBestPortfolio also runs a signal service at RentaSignal.com. For a small monthly fee, you're able to receive and trade with all our signals.

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