August
12
23:21
Forex Analysis

Overview of the situation in the forex market on 04/11/2013

Hello, below is some advice on forex trading on 4.11.2013

EURUSD

erusdaili 4112013

price of EURUSD pair returned to the area of ​​the last level of support.It is likely followed by a pullback after a fairly sharp fall.For entries in the transaction is recommended to wait for the signal in the form of Price Action Patterns.

GBPUSD

gvpusdaili 4112013

Price pair GBPUSD continued its downward movement and and took a small level of support in the 1.5985 price region.Possible pullback back to level and then continued falling prices.For entries in the transaction is recommended to wait for the signal in the form of Price Action pattern on the daily chart or junior TF during rollback.

NZDUSD

nzdosdaili 4112013

on a pair NZDUSD price stuck in the district level 0.81905 and formed another Doji pattern.The situation is not clear until the end.For entries in the transaction is recommended to wait for a clearer situation.

XAGUSD

sagusdaili 4112013

price of silver has broken a small level of support prices in the area of ​​22.25, and then formed a Doji pattern.Po

ssible pullback back to the level, and then the continuation of the downward movement.The transaction is recommended to go by the rules of the pattern.