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Nov
24

Forex Institutional Key Price Levels : GBPUSD, GBPJPY, EURUSD, EURJPY and USDJPY

By Seth Gregory

The banks and institutional traders have key price levels in mind on a weekly, monthly and yearly basis. Today we discuss one of the key institutional price levels that are being monitored this week on 5 different pairs, the EURUSD, the EURJPY, the GBPUSD, the GBPJPY and the USDJPY. While there are a couple of key institutional levels that you should monitor each week, we will begin with showing you one so that you can see how price interacts with these levels. Knowing all the ins and outs of why they are important is a lower priority to understanding how price reacts to these levels. We will keep this as a point of discussion for the next several weeks on Sundays. Please take a few minutes to view our forex video training course presentation.

Good Hunting,

Seth Gregory

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DISCLAIMER: Forex (or FX) trading involves substantial risk of loss and may not be suitable for every investor. The value of currencies may fluctuate and investors may lose all or more than their original investments. Risks also include, but are not limited to, the potential for changing political and/or economic conditions that may substantially affect the price and/or liquidity of a currency. The impact of seasonal and geopolitical events is already factored into market prices. The leveraged nature of FX trading means that any market movement will have an equally proportional effect on your deposited funds and such may work against you as well as for you. In no event should the content of this correspondence be construed as an express or implied promise or guarantee that you will profit or that losses can or will be limited in any manner whatsoever. Past results are no indication of future performance. Information contained in this correspondence is intended for informational purposes only and was obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted.

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