Forex Analysis

Forex analytics on 02/06/2013

Hello, below is some advice on trading on 6.02.2013


EURUSD failed to pass the level of 1.34792, and apparently on this correction is over.As we can expect soon to sample the level 1.36537 and 1.38444 for further growth.From sales it is recommended to abstain.


After Ping-bar formed last Friday, at the level of 0.90949 formed small 2 Pin Bar.Which shows that the bulls is not strong enough to overcome the level, but the bears do not show the full effect.Rationally refrain from transactions for a while, until a clearer situation.


AUDUSD and continues to move sideways between two levels.It should refrain from transactions at the moment, to the breakdown of one of the levels and the formation of one of Price Action Patterns.


GBPJPY failed to overcome the resistance level of 146,680.Likely developments: the breakdown of the level of 146,680, and a further upward movement in the price of 148,545.Alternative: The correction in the price area 144,218 and then at

tempt to get to 148,545.From sales to refrain.

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