Money and Finance
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 thick black line 0.8072.
RECOMENDATION : Buy if the price continue on its upward movement towards the resistance level line 0.8108 and is heading upwards with a stop loss place a little below the 0.8072 support level and take profit set at 0.8108 and upwards respectively.
Sell if the price break the support line 0.8072 and its moving downwards with your stop loss place a little above the 0.8072 support line and take profit at level 0.8006. Please always use your MACD to time your entry point. And risk only 3% of your capital.
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Forex Forecast For 15th Of January, 2013. Click On The Chart To Enlarge
Today on the 1 hour chart, the EUR/USD is on a long term upward trend. But we are going to pay attention at the level marked with thick sky Blue line (which will be our Pivot Point). Currently the market is moving upwards and we are expecting it to...
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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 EUR/USD is within the channel 1.3139 and 1.3046 also considering the upwards trend. But we are going to pay attention at the support level marked with thick black line. Currently the market is moving upwards and...
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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...
Money and Finance