Forex Analysis

A look at the Forex market on 07/10/2014

Hello.Below is some advice on forex trading 10.07.2014


usdzhpidaili 10072014

price of USDJPY pair formed a Doji pattern at the level of 101,340 area.The level is very strong and I think that the price will go down a little more down to the level, followed by a rebound, and upward movement.The transaction is recommended to go by the rules of Paterna.


erzhpidaili 10072014

price EURJPY pair approached the lower boundary of the lateral movement and formed patternPogloschenie.Probably follow the movement of prices back to the level of 139.110.The deal on the pattern does not include, as recommendedResistance level is very close.


gbpzhpidaili 10072014

on a pair GBPJPY pattern formed inner bar.The pattern tells us about the uncertainty of market sentiment, which is confirmed by the ratio of long and short positions.Probably worth waiting for the resumption of the uptrend and another attempt to break the level of 174.733.The transaction is recommended to go by the rules of the pattern.