August
12
23:21
Forex Analysis

Forex Market Analysis on 01/13/2014

Hello, we start a new week, and let's look at what we can expect in the Forex market on 13.01.2014

GBPUSD

gvpusdaili 13012014

on a pair GBPUSD price has formed a regular pattern of Pin-bar moving along the trend line.Probably followed continued price growth and the trend upwards.The transaction is recommended to go by the rules of the pattern.

USDCHF

yusdhfveekli 13012014

yusdhfdaili 13012014

On the weekly chart of the pair USDCHF formed a price pattern Pin-bar based on the level of 0.90514 and the trend line.On the daily chart it was previously absorption pattern relying on the trend line, and then the price went down.Possible follow-long fall in prices during the global trend on the weekly charts.Those who did not enter into the transaction is recommended to wait for the signal in the form of Price Action pattern on the daily charts.

USDJPY

usdzhpoveekli 13012014 usdzhpidaili 13012014

price for a pair USDJPY formed another candle in the pattern of inner bar on the weekly chart.At the top of the pattern is quite strong support 105.283.On the daily chart the price continues to move s

ideways along the 105.283 level.Perhaps the beginning of a deep downward correction.For entries in the transaction is recommended to wait for clearer as Price Action Patterns situations and signals.Current trend is still upwards.

GBPJPY gvpzhpoveekli 13012014

gbpzhpidaili 13012014

On the weekly chart of the GBPJPY price formed a Doji pattern rolled 170.100 district level.The pattern tells us about the uncertainty of future price movements, but perhaps this is a signal for the end of the downward correction.On the daily chart the price pattern has formed a small absorption without any support.Perhaps a little more we go down to the support level.The transaction is not recommended to go on the pattern.