Money and Finance
FOREX FORECAST FOR 28TH OF DECEMBER, 2012. CLICK ON THE CHART TO ENLARGE
Today on the 4 hour chart, the USD/CAD is moving side ways. But we are going to pay
attention at the channels marked with thick red line. Currently the market is moving
upwards and we are expecting it to continue on its upwards
side ways within the channels at level 0.9952 and 0.9907.
RECOMENDATION : Buy if the price break the up channel at level line 0.9952 with stop
loss place a little below the 0.9952 up channel level and take profit set at 1.9989 and
1.0033 respectively.
Sell if the price break the down channel at 0.9907 and is going downwards with your
stop loss place a little above the down channel at 0.9907 and take profit at level 0.9869
and 0.9831 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 7th Of December, 2012. Click On The Chart To Enlarge
Today on the 1 hour chart, the price of EUR/JPY is within the channel 107.19 and 106.21 also considering the downwards trend. But we are going to pay attention at the resistance level marked with thick black line. Currently the market is moving downwards...
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Forex Forecast For 16th Of November, 2012.
Today on the 5 hour chart, the price of EUR/USD is within the channel 1.2718 and 1.2801. But we are going to pay attention to the Support level marked with thick black line. Currently the market is moving upwards and we are expecting a rebound on the...
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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...
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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...
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Forex Forecast For 22nd Of October, 2012.
Today on the 1 hour chart, the price of EUR/USD is within the channel marked with thick blue line. RECOMENDATION : Buy if the price break the resistance 1.3076 and is heading upwards with a stop loss place a little below the 1.3076 resistance...
Money and Finance