Forex Analysis

Forecast Forex currency market on 26.03.2013

Hello, let's look at what to expect in the Forex market on 26.03.2013


on EURUSD pair made an attempt to pass the price level of 1.3000 and met strong resistance sellers.As a result, the closing of the day we just below the support level of 1.28685.It is likely to be a continuation of the trend down.The next target for the level of sales in the 1.27039 area.


At the level of 1.52025 price pattern formed absorption.Probably move down and a new attempt to break the level of 1.50000.Shopping is recommended to close or transfer to breakeven.Sales considered carefully by the rules of the pattern, asAll the same picture of the trend is not entirely coherent.Perhaps this is a signal for the continuation of the downtrend.


On AUDUSD pair formed a pattern Pin bar at 1.04744.Perhaps it is a signal to a small correction and then continue to move up.Alternative: more protracted correction to the level of 1.03673 and an attempt to trend upwards fracture.Sales recommended to consi

der carefully.


Price formed a pattern Pin bar at 1.02159.Perhaps the end of the downward correction and resumption of uptrend.The transaction is recommended to go by the rules of the pattern.


In the area of ​​price level of 94,651 formed a Doji pattern.Perhaps the price will continue to move down to the level of 92,181.Alternative: the resumption of growth and the continuation of the upward movement.


the price of gold made an attempt to get away sharply down, but at the level of 1593.11 bulls met and formed a resistance Pin-bar.Most likely it will be continued growth in the border region of the descending channel and the level of 1628.98.

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