FOREX FORECAST FOR 26TH OF NOVEMBER, 2012.
Money and Finance

FOREX FORECAST FOR 26TH OF NOVEMBER, 2012.


Today on the 1 hour chart, the price of USD/JPY is on an upwards trends. Next week Monday 25Th Of November, 2012. We are expecting the upward movement to continue and break the resistance line 82.83. But our focused point is the pivot point marked with thick black line 82.06.

RECOMENDATION : Buy if the price continue  on its upward movement  towards the resistance level line 82.83 and is heading upwards with a stop loss place a little below the  82.06 support level and take profit set at 82.83 and upwards respectively.

Sell if the price break the support line 82.06 and its moving downwards with your stop loss place a little above the  82.06 support line and take profit at level 81.08 and 80.74 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 15th Of November, 2012.
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