August
12
23:20
Forex Analysis

Forex Market Overview on 03/13/2014

Hello, below is some advice on forex trading on 13.03.2014

EURUSD

erusdaili 13032014

on EURUSD pair price pattern has formed a small absorption a bit before reaching the level of 1.38073.Despite the fact that most market participants prefer to open short positions, I think it is a signal of the end of the downward correction and continue the growth of the price.The transaction is recommended to go by the rules of the pattern.

GBPUSD

gvpusdaili 13032014

Price pair GBPUSD formed a short pattern Pin bar and not going beyond the lower limit of lateral movement.According to the number of open positions a little dominated by sales, I think the price is not much hurt to continue the sideways movement.Perhaps a slight increase followed back to the upper boundary outset.The transaction is recommended to go by the rules of the pattern.

USDJPY

usdzhpidaili 13032014

on a pair USDJPY price retreated to the previously breached the border of lateral movement.It may be the end of the correction and the resumption of growth of the price.For entries in the

transaction is recommended to wait for the signal in the form of Price Action Patterns.