Money and Finance
Today on the 5 hour chart, the price of GBP/USD is within the channel 1.5826 and 1.5916. We are going to focus on the resistance level which is marked with thick black line. The market will continue on its downwards movement towards the 1.5826 support line. RECOMENDATION : Buy if the price break through the resistance level line 1.5916 and is heading upwards with a stop loss place a little below the 1.5916 resistance level and take profit set at 1.6020 and upwards respectively. Sell if the price continue downwards/bounce on the resistance level 1.5916 and is going downwards with your stop loss place a little above the 1.5916 resistance line and take profit at level 1.5826 and 1.5772 respectively. Please always use your MACD to time your entry point. And risk only 3% of your capital.
- Forex Forecast For 3rd Of December, 2012.
Today on the 5 hour chart, the price of USD/JPY is in the channel marked with the thick black line. We are expecting the price to break the (upper channel line) resistance line 82.74.RECOMENDATION : Buy if the price break the (upper channel line)...
- Forex Forecast For 2ist Of November, 2012.
Today on the 5 hour chart, the price of USD/CHF is within the channel 0.9491 and 0.9381. We are going to focus on the resistance level which is marked with thick black line. Currently the market is moving downwards and we are expecting a continous downtrend...
- Forex Forecast For 19th Of November, 2012.
Today on the 1 hour chart, the price of USD/JPY is on an upwards trends and has touched the resistance line 81.45. Next week Monday 19Th Of November, 2012, we are expecting the upwards movement to continue and break the resistance line 81.45. But...
- Forex Forecast For 15th Of November, 2012.
Today on the 5 hour chart, the price of EUR/USD is within the channel 1.2790 and 1.2662. But we are going to pay attention to the resistance level marked with thick black line. Currently the market is moving downwards and we are expecting a rebound on...
- Forex Forecast For 9th Of November, 2012.
Today on the 5 hour chart, the price of EUR/USD is within the channel 1.2781 and 1.2640. But we are going to pay attention to the resistance level marked with thick black line. Currently the market is moving downwards and we are expecting a rebound on...
Money and Finance
FOREX FORECAST FOR 15TH OF NOVEMBER, 2012.
- Forex Forecast For 3rd Of December, 2012.
Today on the 5 hour chart, the price of USD/JPY is in the channel marked with the thick black line. We are expecting the price to break the (upper channel line) resistance line 82.74.RECOMENDATION : Buy if the price break the (upper channel line)...
- Forex Forecast For 2ist Of November, 2012.
Today on the 5 hour chart, the price of USD/CHF is within the channel 0.9491 and 0.9381. We are going to focus on the resistance level which is marked with thick black line. Currently the market is moving downwards and we are expecting a continous downtrend...
- Forex Forecast For 19th Of November, 2012.
Today on the 1 hour chart, the price of USD/JPY is on an upwards trends and has touched the resistance line 81.45. Next week Monday 19Th Of November, 2012, we are expecting the upwards movement to continue and break the resistance line 81.45. But...
- Forex Forecast For 15th Of November, 2012.
Today on the 5 hour chart, the price of EUR/USD is within the channel 1.2790 and 1.2662. But we are going to pay attention to the resistance level marked with thick black line. Currently the market is moving downwards and we are expecting a rebound on...
- Forex Forecast For 9th Of November, 2012.
Today on the 5 hour chart, the price of EUR/USD is within the channel 1.2781 and 1.2640. But we are going to pay attention to the resistance level marked with thick black line. Currently the market is moving downwards and we are expecting a rebound on...