Forex & Gold Daily Forecast

FREE FOREX MEMBERSHIP CLUB RELEASES FREE FOREX SIGNALING BY EMAIL!!! EUR/USD, GBP/USD ONLY (H4 TREND - LIVE AND REAL-TIME NOTIFICATION) PLEASE CHECK IT OUT AT http://groups.google.com/group/free-forex-membership-club http://freefxmembership.herobo.com  (Free Forex Membership Service) http://www.worldwidemarketing.net16.net   (Worldwide Marketing Service) http://000freewebhosting.netne.net  (100% Free Web Hosting / Free domain / Free web builder - FOR LIFE) LIVE GBP-USD TRADING ACCOUNT SINCE 7 SEPTEMBER, 2011 > http://www.myfxbook.com/members/kecjung/gbp-usd/166768  SEE HOW MUCH IT'S GROWING EVERYDAY!!!! IF YOU WOULD LIKE TO HAVE THIS FOREX TRADING SYSTEM FOR FREE, DON'T HESITATE TO CONTACT US BY EMAIL AT worldwide.marketing.service(a)gmail.com BELOW INFORMATION IS ONLY FOR GOOGLE GROUPS MEMBERS' SHARING ONLY!! DAILY FOREX & GOLD FORECAST FROM GO MARKETS DAILY (QUOTES) FOR 20 OCT, 2011 EUR/USD GBP/USD USD/JPY EUR/JPY GOLD EUR/USD intraday: rebound in sight. Pivot: 1.37 Our preference: Long positions above 1.37 with targets @ 1.3865 & 1.3915 in extension. Alternative scenario: Below 1.37 look for further downside with 1.3655 & 1.358 as targets. Comment: the RSI is supported by a bullish trend line. GBP/USD intraday: the bias remains bullish. Pivot: 1.575 Our preference: Long positions above 1.575 with targets @ 1.585 & 1.59 in extension. Alternative scenario: Below 1.575 look for further downside with 1.57 & 1.567 as targets. Comment: the pair has broken above a declining trend line. USD/JPY intraday: under pressure. Pivot: 77 Our preference: Short positions below 77 with targets @ 76.6 & 76.4 in extension. Alternative scenario: Above 77 look for further upside with 77.2 & 77.5 as targets. Comment: the pair has struck against its resistance and remains under pressure, the RSI is capped by a MT declining trend line. EUR/JPY intraday: bullish bias above 105.25. Pivot: 105.25 Our preference: Long positions above 105.25 with targets @ 106.6 & 107.05 in extension. Alternative scenario: Below 105.25 look for further downside with 104.75 & 104.2 as targets. Comment: the RSI is supported by a bullish trend line. GOLD (Spot) intraday: rebound expected. Pivot: 1635.00 Our Preference: LONG positions above 1635 with 1653 & 1665 as next targets. Alternative scenario: The downside penetration of 1635 will call for a slide towards 1626 & 1612. Comment: the RSI is mixed with a bullish bias.

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