Money and Finance
- 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...
- 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 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 1st Of November, 2012.
Today on the 1 hour chart, the price of USD/CHF is within the channel 0.9333 and 0.9277. 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 rebounce...
- Forex Forecast For 31st Of October, 2012.
Today on the 1 hour chart, the price of USD/CHF is within the channel 0.9300 and 0.9340. We are going to focus on the resistance level which is marked with thick black line. Currently the market is moving downwards towards the thick black line(...
Money and Finance
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 we are expecting a rebounce on the support level line at price level 1.6009
RECOMENDATION : Buy if the price break through the resistance level line 1.6009 and is heading upwards with a stop loss place a little below the 1.6009 support level and take profit set at 1.6039 and 1.6106 respectively.
Sell if the price bounce on the resistance level 1.6009 and is going downwards with your stop loss place a little above the 1.6009 resistance line and take profit at level 1.5958 and 1.5914 respectively. Please always use your MACD to time your entry point. And risk only 3% of your capital.
- 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...
- 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 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 1st Of November, 2012.
Today on the 1 hour chart, the price of USD/CHF is within the channel 0.9333 and 0.9277. 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 rebounce...
- Forex Forecast For 31st Of October, 2012.
Today on the 1 hour chart, the price of USD/CHF is within the channel 0.9300 and 0.9340. We are going to focus on the resistance level which is marked with thick black line. Currently the market is moving downwards towards the thick black line(...