forex analysis

Morgan Stanley increased the quotation expectation of the GBP/USD and GBP/EUR in 2010 and 2011, which cause is the Britain launched the latest budget plan and the prospect the inflation in Britain may accelerate its speed this week. Morgan Stanley indicated that GBP/USD quotes 1.42 at the...

From the daily line chart point of view, it is indicated that the GBP/USD has broken the neck part of the big one that the shoulder part linked to the head part, whose top part stayed at the high level of 1.6300. And then, the forex price broke the support line of 1.5350 points after this...

To be a good traders or Analyst.. you must can combine between Fundamental and Technical analysis, yeah i know, prices moving reflect fundamental move, but how do you know or make sure that your support resistance were valid, or how did you know your trend will stop or penetration support...