Money and Finance
- 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...
- 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)...
- 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...
- Forex Forecast For 7th Of November, 2012.
Today on the 1 hour chart, the price of GBP/USD is within the channel 1.5958 and 1.6009. We are going to focus on the support level which is marked with thick black line. Currently the market is moving upwards towards the 1.6009 resistance line and...
- Forex Forecast For 26th Of October, 2012.
Today on the 1 hour chart, the price of USD/CHF is within the channel 0.9315 and 0.9361. But we are going to pay attention to the resistance marked with thick black line. Currently the market is moving upwards towards the thick black line(0.9361) and...
Money and Finance
FOREX FORECAST FOR 30TH OF OCTOBER, 2012.
Today on the 1 hour chart, the price of USD/CHF is within the channel 0.9386 and 0.9340. Which is marked with thick black line. Currently the market is moving upwards towards the thick black line( 0.9386 ) and we are expecting a breakout of the resistance level line at price level 0.9386
RECOMENDATION : Buy if the price break the resistance level line 0.9386 and is heading upwards with a stop loss place a little below the 0.9386 resistance level and take profit set at 0.9430.
Sell if the price breaks through the support level 0.9340 and is going downwards with your stop loss place a little above the 0.9340 support line and take profit at level 0.9292. Please always use your MACD to time your entry point. And risk only 3% of your capital.
- 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...
- 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)...
- 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...
- Forex Forecast For 7th Of November, 2012.
Today on the 1 hour chart, the price of GBP/USD is within the channel 1.5958 and 1.6009. We are going to focus on the support level which is marked with thick black line. Currently the market is moving upwards towards the 1.6009 resistance line and...
- Forex Forecast For 26th Of October, 2012.
Today on the 1 hour chart, the price of USD/CHF is within the channel 0.9315 and 0.9361. But we are going to pay attention to the resistance marked with thick black line. Currently the market is moving upwards towards the thick black line(0.9361) and...