Money and Finance
Next Week Forex Analysis On 1 Hour Chart
On the 5 hours chart there are three resistance level at 1.3015, 1.2989 and 1.2951. The price of EUR/USD is on a downward trend towards the resistance 1.3015.
RECOMENDATION : Buy if the price rebounce on the resistance 1.3015 and is heading upwards with a stop loss place a little below the 1.3015 resistance and take profit set at 1.3059 and 1.3085.
Sell if the price break the resistance level 1.3015 and is going downwards with your stop loss place a little above the 1.3015 resistance and take profit at level 1.2989 and 1.2951 respectively. Please always use your MACD to time your entry point. And risk only 3% of your capital. For more information/complaint and suggestion please send email with your name as the subject to
[email protected]
-
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 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...
-
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(...
-
Next Week Forex Analysis On The 5 Hours Chart
On the 5 hours chart there are three resistance level at 1.2992, 1.2891 and 1.2825. The price of EUR/USD is on a downward trend towards the resistance 1.2992.RECOMENDATION : Buy if the price rebounce on the resistance 1.2992 and is heading upwards with...
Money and Finance