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 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 15th Of November, 2012.
Today on the 5 hour chart, the price of EUR/USD is within the channel 1.2790 and 1.2662. But we are going to pay attention to the resistance level marked with thick black line. Currently the market is moving downwards and we are expecting a rebound on...
- Forex Forecast For 9th Of November, 2012.
Today on the 5 hour chart, the price of EUR/USD is within the channel 1.2781 and 1.2640. But we are going to pay attention to the resistance level marked with thick black line. Currently the market is moving downwards and we are expecting a rebound on...
- 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...
Money and Finance
FOREX FORECAST FOR 24TH OF OCTOBER, 2012.
Today on the 1 hour chart, the price of EUR/USD is within the channel marked with thick black line. Currently the market is retracing and we are expecting a rebounds at price level 1.3015 (resistance level).
RECOMENDATION : Buy if the price break the resistance 1.3015 and is heading upwards with a stop loss place a little below the 1.3015 resistance and take profit set at 1.3077.
Sell if the price rebounces at the resistance level 1.3015 and is going downwards with your stop loss place a little above the 1.3015 resistance line and take profit at level 1.2954, 1.2930 and 1.2891 respectively. Please always use your MACD to time your entry point. And risk only 3% of your capital.
RECOMENDATION : Buy if the price break the resistance 1.3015 and is heading upwards with a stop loss place a little below the 1.3015 resistance and take profit set at 1.3077.
Sell if the price rebounces at the resistance level 1.3015 and is going downwards with your stop loss place a little above the 1.3015 resistance line and take profit at level 1.2954, 1.2930 and 1.2891 respectively. 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 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 15th Of November, 2012.
Today on the 5 hour chart, the price of EUR/USD is within the channel 1.2790 and 1.2662. But we are going to pay attention to the resistance level marked with thick black line. Currently the market is moving downwards and we are expecting a rebound on...
- Forex Forecast For 9th Of November, 2012.
Today on the 5 hour chart, the price of EUR/USD is within the channel 1.2781 and 1.2640. But we are going to pay attention to the resistance level marked with thick black line. Currently the market is moving downwards and we are expecting a rebound on...
- 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...