AUD/USD - Weekly and Monthly Pivot Points for July 23 - 27, 2012
The pivot point is used as both support and resistance point at the same time; it is the first level that we observe. For this week the pivot points (weekly and monthly) for AUD/USD are: 1.0341 weekly; 1.0026 monthly.
Signal For 23 - 27 July
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Performed by Герардо Поррас Паломин, Analytical expert
InstaForex Companies Group © 2007-2011
Gerardo Narciso Porras Palomino
Gerardo was born on August 30, 1980 in Huancayo, Peru. Since 1999 he has been studying Maintenance Mechanics specializing in fluids engineering (SENATI). In 2005 he entered the foreign exchange market and started dealing with investments and studying technical analysis. Since 2007 he has been engaged in Forex activities. He has taken the advanced course of Forex trading (UdeForex) at University of Forex and acquired the following qualification: Operator and Analyst in the foreign exchange market. He carries out many other studies, they are the Waves of Elliot, the famous theory of Fibonacci, etc. Now he seeks to operate his own money on the market to carry out technical and fundamental analysis and also to instruct beginners helping them to gain consistency in trading.
Types of Analysis: Fundamental analysis , Fractal analysis , Technical analysis , Forecast
Experience: 6 years
Analytical Credo: "Wisdom is the prime thing. Acquire wisdom; and with all that you acquire, acquire understanding" (Salomón)