Money and Finance
FOREX FORECAST FOR 22ND OF OCTOBER, 2012.
Today on the 1 hour chart, the price of EUR/USD is within the channel marked with thick blue line.
RECOMENDATION : Buy if the price break the resistance 1.3076 and is heading upwards with a stop loss place a little below the 1.3076 resistance and take profit set at 1.3140.
Sell if the price break the support level 1.3012 and is going downwards with your stop loss place a little above the 1.3012 support line and take profit at level 1.2953 and 1.2895 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 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...
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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 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 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...
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Forex Forecast For 22nd Of October, 2012.
Today on the 1 hour chart, the price of USD/CHF is within the channel marked with thick blue line. RECOMENDATION : Buy if the price break the resistance 0.9287 and is heading upwards with a stop loss place a little below the 0.9287 resistance...
Money and Finance