August
12
23:21
Forex Analysis

Forex Market Overview on 01/08/2014

Hello, below is some advice on forex trading on 8.01.2014

EURUSD

erusdaili 8012014

on EURUSD pair the price has passed the level of 1.36440 and rolled back, formed another bar inside the mother's candle in the pattern of internalbar.Perhaps the turning point of the trend followed by the final and continued falling prices.The transaction is recommended to go by the rules of the pattern.

GBPUSD

gvpusdaili 8012014

on GBPJPY pair following yesterday's pattern Pin-bar, the price formed a Doji pattern not determine the further direction.Perhaps the end of the correction and the continued growth of the price in the direction of the main trend.The transaction is recommended to go by the rules of the pattern.

USDJPY

usdzhpidaili 8012014

on a pair USDJPY formed a price pattern inner bar.Perhaps this is a signal for the end of the correction and the resumption of growth and the breakdown level of 105.283.The transaction is recommended to go by the rules of the pattern.

EURJPY

erzhpidaili 8012014

On EURJPY pair formed a price pattern inner bar 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.

GBPJPY

gbpzhpidaili 8012014

on a pair GBPJPY price dropped to the same level of support to 170,100 and formed a pattern of internal bar.Perhaps follow the trend resumption and continuation of growth of the price.The transaction is recommended to go by the rules of the pattern.