Money and Finance
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 : Buy if the price break the resistance level line 82.62 and is heading upwards with a stop loss place a little below the 82.62 resistance level.
Sell if the price continues towards the support line 81.71 and its moving downwards with your stop loss place a little above the 82.62 resistance line and take profit at level 81.71 and 81.08 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 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)...
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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...
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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...
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Forex Forecast For 2ist Of November, 2012.
Today on the 5 hour chart, the price of USD/CHF is within the channel 0.9491 and 0.9381. We are going to focus on the resistance level which is marked with thick black line. Currently the market is moving downwards and we are expecting a continous downtrend...
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Forex Forecast For 12th Of November, 2012.
Today on the 5 hour chart, the price of GBP/USD is within the channel 1.5826 and 1.6020. We are going to focus on the resistance level which is marked with thick black line. The market will continue on its downwards movement towards the 1.5826 support...
Money and Finance