August
12
23:21
Forex Analysis

Forex market situation on 01/09/2014

Hello, below is some advice on forex trading on 9.01.2014

USDCAD

usdsaddaili 9012014

Price USDCAD pair came out with lateral movement and continued to rise further on the trend.Those who did not enter into the transaction is recommended to wait for a possible retracement back to the penetration level of 1.07083.For entries in the transaction is recommended to wait for the signal in the form of Price Action Patterns.

EURJPY

erzhpidaili 9012014

On EURJPY pair price formed a Doji pattern in the area of ​​the weak level of support.Perhaps the end of the downward correction and resumption of uptrend.The transaction is recommended to go by the rules of the pattern.

AUDUSD

audosdaili 9012014

Price pair AUDUSD continued lateral movement along the support level of 0.88387.The level of support is quite strong, of him more than once price struggled and changed the trend.For entries in the transaction is recommended to wait for clearer as Price Action Patterns situations and signals.About the turn of the current trend down, it is too early to say.