August
12
23:21
Forex Analysis

Review of the Forex currency market on 08/11/2013

Hello.News today lifted a pretty good market, but particularly clear in the current situation can not be made.Let's look at the situation in the forex market to 8.11.2013

EURUSD

erusdaili 8112013

on EURUSD pair painted candle with a long tail and closed above the level of 1.33966.Pin the pattern bar certainly can not be called the current candle, but so long as said, that the price down is not allowed.For entries in the transaction is recommended to wait for clearer as Price Action Patterns situations and signals.

USDCHF

yusdhfdaili 8112013

on USDCHF pair formed candlestick pattern more similar to Ping-bar below the level of 0.91754.Probably do not want to let the price higher.and may continue the downtrend.The transaction is recommended to go by the rules of the pattern

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GBPUSD

gvpusdaili 8112013

on GBPUSD pair formed a Doji pattern with little support in the form of a level of 1.59910.The pattern tells us about the uncertainty of the future direction of the price movement.The transaction is recommended to go by the rules of the pattern.

GBPJPY

gbpzhpidaili 8112013

price for a pair GBPJPY pattern is formed in the absorption level of 159.368 area.Perhaps the next rebound will follow the level and follow the downward movement.The transaction is recommended to go by the rules of the pattern.