Money and Finance
FOREX FORECAST FOR 27TH OF AUGUST, 2013. CLICK ON THE CHART TO ENLARGE
Today on the 4 hour chart, the EUR/GBP is on a long term uptrend. But we are going to pay attention at the level marked with thick yellow colour line 0.8576 (which will be our Pivot Point). Currently the market is moving up and we are expecting it to continue on its upwards trend.
RECOMENDATION : Buy if the price continues on its upwards trend or rebounce on the thick yellow colour line 0.8576 (pivot point) with your stop loss place a little below the thick yellow colour line 0.8576 (pivot point) and take profit set at 0.8699 and 0.8677 respectively.
Sell if the price breaks the thick yellow colour line 0.8576 (pivot point) and is going downwards with your stop loss place a little above the thick yellow colour line 0.8576 (pivot point) and take profit at level 0.8540, 0.8506, and downwards 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 13th Of May, 2015. Click On The Chart To Enlarge
Today on the 1 hour chart, the EURUSD is on a short term uptrend. But we are going to pay attention at the level marked with thick yellow colour line which is our support line to look out for. Currently the market is moving up and we are expecting it...
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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...
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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...
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Forex Forecast For 24th Of January, 2013. Click On The Chart To Enlarge
Today on the 1 hour chart, the USD/JPY is on a downward trend. But we are going to pay attention at the level marked with purple colour line 88.98 (which will be our Pivot Point). Currently the market is moving upwards and we are expecting it to rebounce...
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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...
Money and Finance