Forex Analysis

Forecast Forex currency market on 04/09/2013

Hello, below is some advice on trading 09.04.2013


price of GBPUSD pair has gone as expected in a correction from a fairly strong level of resistance around 1.53410 pattern forming inner bar.Most likely the price will continue a little correction in the area of ​​1.52025, and then make another attempt to overcome the barrier of 1.53410.Alternative scenario: The price correction has been up on the weekly chart, and will be followed by a continuation of the trend down.Sales should be considered carefully.


on a pair of USDCHF price rolled back to the previous penetration level in the area formed by the interior 0.93659 bar.Most likely we will continue to move downward.The transaction log is recommended according to the rules of the pattern.The next target for sales 0.92578.


Price USDCAD pair made another unsuccessful attempt to pass the level 1.02159, forming a Doji pattern.It is likely to be a continuation of the downward movement.The next target for sales 1.01012.

Related Posts