Forex Analysis

Forecast Forex market on 03/05/2013

Hello, today the Forex market lull, but a few things can be noted.


At the level of support in the 1.3000 area pattern formed inner bar.As mentioned in yesterday's review is probably the beginning of the correction to the trend in the price of 1.31253 area.Purchases are advised to consider carefully, becausethe trend is down.


on GBPUSD formed inside bar at 1.5000.The level is quite strong and can go a protracted correction.Or, tomorrow will see the end of the correction to the trend line and the continuation of the downtrend.The transaction log according to the rules of the pattern, and do not forget that the trend is down.


On AUDUSD pair formed a price pattern Pin-tail bar leaning on level 2 support.There will probably be a correction in the price of 1.02402 and the area of ​​the trend line.Purchases are advised to consider carefully becausethe trend is down.


on gold formed the inner bar.Chance of a correction to the level of 1596.10 and the continuatio

n of the downward movement.Possible as a variant of the trend of fracture, and the movement to the upper boundary of the channel, but on the final turn of the trend is still very early.Purchases are advised to consider carefully, becausethe trend is down.

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