Hello.Congratulations to women on March 8, and we wish them good luck in trading.Let's see what the situation in the forex market on 03.08.2013.
Today showed that the breakdown level of 1.3000 and the price was a false rushing up absorption pattern formed.Since we are at the level of 1.31253 and the trend line, the transaction of purchase is better to open after the break.And do not forget that the main trend is down.There is a possibility of rebound and the trend continued.should wait for signals as Price Action Patterns For transactions with the trend.
price of GBPUSD pair has not been able to consolidate below 1.5000 formed a Doji pattern.The transaction is recommended to go by the rules pattern and do not forge
A little before reaching the level of 0.95122, the price USDCHF pair formed a pattern of inner bar.It is likely that the price will go a long correction.The transaction is recommended to go by the rules pattern and do not forget that the trend is up.
Today, the price of a pair NZDUSD was not defined in the direction and formed a Doji pattern.The main trend in the pair down, and at the top there is a pattern in the form of support of the channel and the level of resistance.The transaction is recommended to go by the rules of the pattern.
price failed to break and consolidate above the resistance level of 1.03199 pattern forming inner bar.Perhaps the beginning of a correction.The transaction is recommended to go by the rules pattern and do not forget that the main trend is up.