Money and Finance
- Forex Forecast For 29th Of January, 2013. Click On The Chart To Enlarge
Today on the 1 hour chart, the USD/JPY is on a long term uptrend. But we are going to pay attention at the level marked with purple colour line 90.28 (which will be our Pivot Point). Currently the market is moving down towards the purple colour line 90.28...
- Forex Forecast For 28th Of January, 2013. Click On The Chart To Enlarge
Today on the 4 hour chart, the GBP/USD is on a long term downward trend. But we are going to pay attention at the level marked with the purple colour line 1.5893 (which will be our Pivot Point). Currently the market is moving upwards and we are...
- Forex Forecast For 23rd Of January, 2013. Click On The Chart To Enlarge
Today on the 4 hour chart, the USD/JPY is on a long term uptrend. But we are going to pay attention at the level marked with purple colour line 87.78 (which will be our Pivot Point). Currently the market is moving down towards the purple colour line 87.78...
- Forex Forecast For 18th Of January, 2013. Click On The Chart To Enlarge
Today on the 1 hour chart, the EUR/USD is on an upward trend. But we are going to pay attention at the level marked with purple colour line 1.3333 (which will be our Pivot Point). Currently the market is moving upwards and we are expecting it to rebounce...
- Forex Forecast For 17th Of January, 2013. Click On The Chart To Enlarge
Today on the 1 hour chart, the EUR/USD is on a long term downward trend. But we are going to pay attention at the level marked with purple colour line 1.3356 (which will be our Pivot Point). Currently the market is moving downwards and we are expecting...
Money and Finance
FOREX FORECAST FOR 21ST OF JANUARY, 2013. CLICK ON THE CHART TO ENLARGE
Today on the 4 hour chart, the EUR/USD is on a sideways trend. But we are going to pay attention at the level marked with purple colour line 1.3247 (which will be our Pivot Point). Currently the market is moving sideways and we are suggesting it will rebounce on the purple coloured pivot point line before continuing on its upwards trend to the resistance 1.3403.
RECOMENDATION : Buy if the price continues on its upwards trend or rebounce on the support line (pivot point) 1.3247 with stop loss place a little below the 1.3247 support level and take profit set at 1.3403 and upwards respectively.
Sell if the price breaks the support level line 1.3247 and is going downwards with your stop loss place a little above the purple colour support level line 1.3247 and take profit at level 1.3139 and 1.2997 respectively. Please always use your MACD to time your entry point. And risk only 3% of your capital.
- Forex Forecast For 29th Of January, 2013. Click On The Chart To Enlarge
Today on the 1 hour chart, the USD/JPY is on a long term uptrend. But we are going to pay attention at the level marked with purple colour line 90.28 (which will be our Pivot Point). Currently the market is moving down towards the purple colour line 90.28...
- Forex Forecast For 28th Of January, 2013. Click On The Chart To Enlarge
Today on the 4 hour chart, the GBP/USD is on a long term downward trend. But we are going to pay attention at the level marked with the purple colour line 1.5893 (which will be our Pivot Point). Currently the market is moving upwards and we are...
- Forex Forecast For 23rd Of January, 2013. Click On The Chart To Enlarge
Today on the 4 hour chart, the USD/JPY is on a long term uptrend. But we are going to pay attention at the level marked with purple colour line 87.78 (which will be our Pivot Point). Currently the market is moving down towards the purple colour line 87.78...
- Forex Forecast For 18th Of January, 2013. Click On The Chart To Enlarge
Today on the 1 hour chart, the EUR/USD is on an upward trend. But we are going to pay attention at the level marked with purple colour line 1.3333 (which will be our Pivot Point). Currently the market is moving upwards and we are expecting it to rebounce...
- Forex Forecast For 17th Of January, 2013. Click On The Chart To Enlarge
Today on the 1 hour chart, the EUR/USD is on a long term downward trend. But we are going to pay attention at the level marked with purple colour line 1.3356 (which will be our Pivot Point). Currently the market is moving downwards and we are expecting...