Money and Finance
FOREX FORECAST FOR NEXT WEEK MONDAY 5TH OF NOVEMBER, 2012.
Today on the 5 hour chart, the price of USD/CHF is within the channel 0.9432 and 0.9381. We are going to focus on the support level which is marked with thick black line. Currently the market is moving upwards and we are expecting a rebounce on the support level line at price level 0.9381
RECOMENDATION : Buy if the price rebound on the support level line 0.9381 and is heading upwards with a stop loss place a little below the 0.9381 support level and take profit set at 0.9432 and 0.9484.
Sell if the price breaks through the support level 0.9381 and is going downwards with your stop loss place a little above the 0.9381 support line and take profit at level 0.9294 and downwards 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 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...
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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 13th Of November, 2012.
Today on the 5 hour chart, the price of USD/CHF is within the channel 0.9499 and 0.9429. We are going to focus on the support level which is marked with thick black line. Currently the market is moving upwards and we are expecting a continous uptrend...
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Forex Forecast For Next Week Monday 5th Of November, 2012.
Today on the 5 hour chart, the price of GBP/USD is within the channel 1.6143 and 1.6007. We are going to focus on the support level which is marked with thick black line. Currently the market is moving downwards and we are expecting a rebounce...
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Forex Forecast For 31st Of October, 2012.
Today on the 1 hour chart, the price of EUR/USD is within the channel 1.2948 and 1.3023. 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...
Money and Finance