Money and Finance
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 the resistance line at price level 1.2781. RECOMENDATION : Buy if the price break the resistance level line 1.2781 and is heading upwards with a stop loss place a little below the 1.2781 resistance level and take profit set at 1.2876. Sell if the price rebounds on the resistance level 1.2781 and is going downwards with your stop loss place a little above the 1.2781 resistance line and take profit at level 1.2640 and 1.2567 respectively. Please always use your MACD to time your entry point. And risk only 3% of your capital.
- 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 EUR/USD is within the channel 1.2754 and 1.2691. But we are going to pay attention to the resistance level marked with thick black line. Currently the market is moving upwards towards the resistance line 1.2754 and...
- Forex Forecast For 15th Of November, 2012.
Today on the 5 hour chart, the price of GBP/USD is within the channel 1.5826 and 1.5916. 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...
- 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...
- Forex Forecast For 7th Of November, 2012.
Today on the 5 hour chart, the price of EUR/USD is within the channel 1.2764 and 1.2884. But we are going to pay attention to the resistance level marked with thick black line. Currently the market is moving upwards towards the resistance line 1.2884 and...
Money and Finance
FOREX FORECAST FOR 9TH OF NOVEMBER, 2012.
- 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 EUR/USD is within the channel 1.2754 and 1.2691. But we are going to pay attention to the resistance level marked with thick black line. Currently the market is moving upwards towards the resistance line 1.2754 and...
- Forex Forecast For 15th Of November, 2012.
Today on the 5 hour chart, the price of GBP/USD is within the channel 1.5826 and 1.5916. 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...
- 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...
- Forex Forecast For 7th Of November, 2012.
Today on the 5 hour chart, the price of EUR/USD is within the channel 1.2764 and 1.2884. But we are going to pay attention to the resistance level marked with thick black line. Currently the market is moving upwards towards the resistance line 1.2884 and...