Forex Analysis

Overview of the situation in the forex market on 12/16/2014

Hello, let's look at a few points to trade the Forex market on 16.12.2014


GVPUSDaili 16122014

on a pair GBPUSD formed a price pattern to absorption based on the level of 1.57496.To resume the fall and will continue to trend down.The transaction is recommended to go by the rules of the pattern.


USDSADDaili 16122014

On USDCAD pair price went up to the level of 1.16543.The level is quite strong, and perhaps the beginning of the downward correction after a long growth.For entries in the transaction is recommended to wait for the signal in the form of Price Action Patterns.


ERZhPIDaili 16122014

On EURJPY pair formed a price pattern absorption.Top in the pattern there is little support in the form of a level of 148.122.Probably continue to fall to the level of 145.195.The deal on the pattern recommended go gently.