August
12
23:20
Forex Analysis

Analytics Forex currency market on 03/12/2014

Hello.Let's try to diversify a little analysis and a look at the ratio of open positions of market participants.Perhaps someone it will help to take the right decision.

USDCHF

yusdhfdaili 12032014

on price USDCHF pair formed a Doji pattern in maternal candle pattern inner bar.Strong support pattern has not and most likely will continue to drop in price.The ratio of open positions can be seen that most of the market participants prefer to buy.Although it is recommended to go against the majority on the trend reversal, I think that the current at the time of sale.The transaction is recommended to go by the rules of the pattern.

USDCAD

usdsaddaili 12032014

Price USDCAD pair continues to move in the area of ​​the level of 1.1111 and formed a Doji pattern.The pattern tells us is equivalent to the ratio of bulls and bears force, which is confirmed by the ratio of the open positions of market participants.Probably followed the rebound on the level and a slight drop.The transaction is recommended to go by the rules of the pattern.

NZDUSD

nzdosdaili 12032014

On NZDUSD pair as price formed another Doji pattern in the level of 0.84770 area.The pattern tells us about the uncertain future price direction.Vendors are trying to gain strength for the movement of forces, but the ratio is almost equal.It might be a small correction downward.The transaction is recommended to go by the rules of the pattern.


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