August
12
23:20
Forex Analysis

Forecast Forex market on 06/16/2014

Hello, below is some advice on forex trading on 16.06.2014

EURUSD

erusdaili 16062014

price of EURUSD pair formed a Doji pattern in the level of 1.39020 area.Most of the market participants prefer to purchase.In spite of support from the bottom, I think to wait for the breakdown level and the continuation of falling of the price.Perhaps after a small correction upwards.The transaction is recommended to go by the rules patetrna.

AUDUSD

audosdaili 16062014

On AUDUSD pair price pattern has formed on the inner bar is quite strong resistance level 0.94225.Probably followed the rebound and at least a small downward correction or a price drop to the level of 0.92264, while continuing the sideways movement.The transaction is recommended to go by the rules of the pattern.

NZDUSD

nzdosdaili 16062014

pair NZDUSD At the same pattern inner bar area 0.86780 level.The opportunity to continue the sideways movement and begin to fall to 0.85145.The deal on the pattern does not include, as recommendeda very large stop loss is obtained.

USDJPY

usdzhpidaili 16062014

on a pair USDJPY formed a price pattern Inner bar rollback to the level of 102.080.Probably followed the resumption of falling prices and the movement to the level of 101.342.The transaction is recommended to go by the rules patetrna carefully.