Forex Analysis

Forex analytics on 01/29/2013

Hello, below you can find the trade recommendations on 29.01.2013


At the level of 1.34792 pattern formed inner bar.Since the trend is up to enter the sale is not recommended.A more likely course of events: Correction to the level of 1.33890 and the continuation of the upward movement.


At the level of 0.92505 formed inner bar.Sales recommended to close and reopen after the passage of the level of 0.92505.advised not included in the purchase, aspretty close border of the descending channel and a strong level.It is quite possible breakdown of the descending channel and change the upward trend in the.


on a strong level formed Pin Bar.Sales recommended to close or transfer to B \ Y (breakeven).Shopping is not recommended to be considered aspretty close level of 1.04493.


Today Bears put the squeeze on the price to the level of 0.82768, then the price moved back up, forming a pin-bar based on the level.A more likely course of events: reversal and continuation

of the upward movement up inside the channel.Alternative scenario: the attempt to pass the level of 0.82768 and the lower boundary of the channel.Sales recommended to close.Shopping seen after the passage of the level of 0.83502


Trying bulls continue upward movement ended in failure.Price is almost back to the opening point of the day, forming a pin-bar in the shadow of the previous candle.Bulls are advised to close the purchase or transfer in the B \ Y (breakeven).The sale is recommended to get up after the passage of the level of 1.00558.