August
12
23:20
Forex Analysis

Sunday's review of the Forex market on 08/12/2014

Hello, below is some advice on forex trading.

USDCHF

YuSDHFDaili 08122014

on USDCHF pair is not quite the correct pattern of absorption in the level of 0.97215 area.It seems that the upward trend will continue and not wait for the price to the level of 0.99214 area.The transaction is recommended to go by the rules of the pattern.

USDCAD

USDSADDaili 08122014

on a pair USDCAD price and failed to update the local maxima and consolidate above.At the moment, the situation is not clear, but talk about the trend reversal yet.For entries in the transaction is recommended to wait for clearer as Price Action Patterns situations and signals.

NZDUSD

NZDOSDaili 08122014

NZDUSD pair on the next time the price went up to the strong level of 0.77179.It is worth paying attention to the behavior of prices in the area, becauseunclear, followed by a continuation of the fall or continue to rebound and lateral movement.For entries in the transaction is recommended to wait for the signal in the form of Price Action Patterns.