Money and Finance
- 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 EUR/USD is within the channel 1.2754 and 1.2691. But we are going to pay attention to the resistance level marked with thick black line. Currently the market is moving upwards towards the resistance line 1.2754 and...
- Forex Forecast For 7th Of November, 2012.
Today on the 5 hour chart, the price of EUR/USD is within the channel 1.2764 and 1.2884. But we are going to pay attention to the resistance level marked with thick black line. Currently the market is moving upwards towards the resistance line 1.2884 and...
- Forex Forecast For 7th Of November, 2012.
Today on the 1 hour chart, the price of GBP/USD is within the channel 1.5958 and 1.6009. We are going to focus on the support level which is marked with thick black line. Currently the market is moving upwards towards the 1.6009 resistance line and...
Money and Finance
FOREX FORECAST FOR 1ST OF NOVEMBER, 2012.
Today on the 1 hour chart, the price of USD/CHF is within the channel 0.9333 and 0.9277. 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 rebounce on the resistance level line at price level 0.9333
RECOMENDATION : Buy if the price break the resistance level line 0.9333 and is heading upwards with a stop loss place a little below the 0.9333 resistance level and take profit set at 0.9375.
Sell if the price rebounce on the resistance level 0.9333 and is going downwards with your stop loss place a little above the 0.9333 resistance line and take profit at level 0.9277 and 0.9250. 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 EUR/USD is within the channel 1.2754 and 1.2691. But we are going to pay attention to the resistance level marked with thick black line. Currently the market is moving upwards towards the resistance line 1.2754 and...
- Forex Forecast For 7th Of November, 2012.
Today on the 5 hour chart, the price of EUR/USD is within the channel 1.2764 and 1.2884. But we are going to pay attention to the resistance level marked with thick black line. Currently the market is moving upwards towards the resistance line 1.2884 and...
- Forex Forecast For 7th Of November, 2012.
Today on the 1 hour chart, the price of GBP/USD is within the channel 1.5958 and 1.6009. We are going to focus on the support level which is marked with thick black line. Currently the market is moving upwards towards the 1.6009 resistance line and...