Money and Finance
Today on the 5 hour chart, the price of EUR/USD is within the channel 1.2718 and 1.2801. But we are going to pay attention to the Support level marked with thick black line. Currently the market is moving upwards and we are expecting a rebound on the support line at price level 1.2718. RECOMENDATION : Buy if the price rebounce on the support level line 1.2718 and is heading upwards with a stop loss place a little below the 1.2718 support level and take profit set at 1.2801 and 1.2875 respectively. Sell if the price break the support level 1.2718 and is going downwards with your stop loss place a little above the 1.2718 support line and take profit at level 1.2662. Please always use your MACD to time your entry point. And risk only 3% of your capital.
- Forex Forecast For 15th Of January, 2013. Click On The Chart To Enlarge
Today on the 1 hour chart, the EUR/USD is on a long term upward trend. But we are going to pay attention at the level marked with thick sky Blue line (which will be our Pivot Point). Currently the market is moving upwards and we are expecting it to...
- Forex Forecast For 7th Of December, 2012. Click On The Chart To Enlarge
Today on the 1 hour chart, the price of EUR/JPY is within the channel 107.19 and 106.21 also considering the downwards trend. But we are going to pay attention at the resistance level marked with thick black line. Currently the market is moving downwards...
- Forex Forecast For 5th Of December, 2012. Click On The Chart To Enlarge
Today on the 5 hour chart, the price of EUR/USD is within the channel 1.3139 and 1.3046 also considering the upwards trend. But we are going to pay attention at the support level marked with thick black line. Currently the market is moving upwards and...
- Forex Forecast For 4th Of December, 2012.
Today on the 1 hour chart, the price of EUR/USD is within the channel 1.3020 and 1.3084 also considering the upwards trend. But we are going to pay attention at the support level marked with thick black line. Currently the market is moving upwards and...
- Forex Forecast For 13th Of November, 2012.
Today on the 5 hour chart, the price of USD/CHF is within the channel 0.9499 and 0.9429. We are going to focus on the support level which is marked with thick black line. Currently the market is moving upwards and we are expecting a continous uptrend...
Money and Finance
FOREX FORECAST FOR 16TH OF NOVEMBER, 2012.
- Forex Forecast For 15th Of January, 2013. Click On The Chart To Enlarge
Today on the 1 hour chart, the EUR/USD is on a long term upward trend. But we are going to pay attention at the level marked with thick sky Blue line (which will be our Pivot Point). Currently the market is moving upwards and we are expecting it to...
- Forex Forecast For 7th Of December, 2012. Click On The Chart To Enlarge
Today on the 1 hour chart, the price of EUR/JPY is within the channel 107.19 and 106.21 also considering the downwards trend. But we are going to pay attention at the resistance level marked with thick black line. Currently the market is moving downwards...
- Forex Forecast For 5th Of December, 2012. Click On The Chart To Enlarge
Today on the 5 hour chart, the price of EUR/USD is within the channel 1.3139 and 1.3046 also considering the upwards trend. But we are going to pay attention at the support level marked with thick black line. Currently the market is moving upwards and...
- Forex Forecast For 4th Of December, 2012.
Today on the 1 hour chart, the price of EUR/USD is within the channel 1.3020 and 1.3084 also considering the upwards trend. But we are going to pay attention at the support level marked with thick black line. Currently the market is moving upwards and...
- Forex Forecast For 13th Of November, 2012.
Today on the 5 hour chart, the price of USD/CHF is within the channel 0.9499 and 0.9429. We are going to focus on the support level which is marked with thick black line. Currently the market is moving upwards and we are expecting a continous uptrend...