Money and Finance
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 our focused point is the pivot point marked with thick black line 80.89.
RECOMENDATION : Buy if the price break the resistance level line 81.45 and is heading upwards with a stop loss place a little below the 81.45 resistance level and take profit set at 81.78
Sell if the price break the support line 80.89 and its moving downwards with your stop loss place a little above the 80.89 support line and take profit at level 80.11 and 79.35 respectively. Please always use your MACD to time your entry point. And risk only 3% of your capital.
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Forex Forecast For 5th Of December, 2012. Click On The Chart To Enlarge
Today on the 5 hour chart, the price of USD/JPY is moving downwards towards the support level marked with the thick black line. We are expecting the price to break the support line 81.69 and move downwards.RECOMENDATION : Buy if the price Bounce...
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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)...
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Forex Forecast For 27th Of November, 2012.
Today on the 1 hour chart, the price of USD/JPY is on a downwards trends. We are expecting the downwards movement to continue and break the support line 81.71. But our focused point is the pivot point marked with thick black line 82.62. RECOMENDATION...
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Forex Forecast For 26th Of November, 2012.
Today on the 1 hour chart, the price of EUR/GBP is on an upwards trend. Next week Monday 26Th Of November, 2012. We are expecting the upward movement to continue and break the resistance line 0.8108. But our focused point is the pivot point marked with...
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Forex Forecast For 15th Of November, 2012.
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...
Money and Finance