August
12
23:20
Forex Analysis

Technical analysis trending tools 02/05/2014

Hello.Today, a lot of interesting things on the currency pairs in the Forex market.Let's look at them.

EURUSD

ERUSDaili 5022015

on EURUSD pair price pattern formed rails in the area of ​​small resistance.Reliance is certainly very weak, but it is likely to signal the end of the correction and the continuation of falling of the price.The transaction is recommended to go by the rules of the pattern.

GBPUSD

GVPUSDaili 5022015

on a pair GBPUSD price formed a Doji pattern at the upper boundary of the lateral canal.It appears that the pass rate once again have not been able in the near future will continue sideways movement.The deal on the pattern recommended go gently, and it is better to wait for a clearer situation.

USDCAD

USDSADDaili 5022015

on a pair USDCAD formed a price pattern inner bar based on the level of 1.24627.Perhaps it is a signal to the end of the correction and continue the upward trend.The transaction is recommended to go by the rules of the pattern.

NZDUSD

NZDOSDaili 5022015

on a pair NZDUSD price formed a Doji pattern in the level of 0.

74551 area.Probably over correction and not wait for the continuation of falling prices.The transaction is recommended to go by the rules of the pattern.

GBPJPY

GBPZhPIDaili 5022015

on a pair GBPJPY price went up to the upper limit of lateral movement and formed a pattern Pin Bar.It appears that the pass rate once again have not been able in the near future will continue sideways movement.The deal on the pattern recommended go gently, and it is better to wait for a clearer situation.

EURJPY

ERZhPIDaili 5022015

On EURJPY pair of rails in the same pattern with a support on the level of 134.951.I think to wait for the continuation of falling prices and attempts to pass the level of 134.951.The transaction is recommended to go by the rules of the pattern.


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