August
12
23:21
Forex Analysis

Forecast Forex currency market on 07/11/2013

Hello.Tomorrow the day is full of news and most likely it is strongly reflected in the current situation, the forex market.Let's see what is waiting 7.11.2013

EURUSD

erusdaili 7,11,2013

price of EURUSD pair is stuck at the level of 1.34700 and move along it to the right.The situation is not clear until the end.Perhaps as the end of the downward correction and continued growth and continued falling to 1.33966.For entries in the transaction is recommended to wait for the signal in the form of Price Action Patterns.

USDCAD

usdsaddaili 7,11,2013

on a pair USDCAD formed a pattern of absorption at the level of 1.04275.I would take this pattern is not recommended, becauseexplanatory breakdown level and no previous minimum prices which turned up not updated.But the continuation of the downward movement is likely.

EURJPY

erzhpidaili 7,11,2013

On EURJPY pair formed a price pattern to absorption based on the level of 132.750, and trend line.Possible turnaround prices and continued upward trend.The transaction is recommended to go by the rules of the patte

rn.