Forex Analysis

Forex analytics on 01/21/2013

Hello, below you can find the trade recommendations on 01/21/2013.


Eurodollar halt the upward movement in the level of resistance and Friday we could see a rebound after the second touch-down level.On Monday we can expect a downward movement or feeble attempts to gain a foothold above the level.In any case, before continuing the uptrend price correction is necessary.


GBPUSD after a strong downward movement stops at the level of support.Bears should consider closing all or part of the profits.


Pin Bar on USDCHF rests on the horizontal level, but strong support at 0.9250 does not consider the sale of a large take-profit.


can be considered internal bar of gold as a turning point: on the one hand, we have not yet received a final trend change to bullish, and the other a double bottom says about the power of bulls.You can put the pending orders on either side of the setup and to monitor further developments.
For shopping purpose may be the level 1750.