August
12
23:21
Forex Analysis

The situation in the forex market on 10/31/2013

Hello.Today, the market straight day uncertainties of further movement, let's see why and what to expect in the Forex market on 31.10.2013

EURUSD

erusdaili 31102013

Price formed a Doji pattern on EURUSD pair did not determine the further direction.What is the pattern of under or over any serious support there, and the trend is still upward.Perhaps the end of the correction and the resumption of growth of the price.The transaction is recommended to go gently on the rules of the pattern.

GBPUSD

gvpusdaili 31102013

on GBPUSD pair formed a Doji pattern in the vicinity of a small level of 1.59800.Further price action is not yet clear.It is possible that we will break the trend, asat the level of 1.62393 formed a double top.The transaction is recommended to go by the rules of the pattern.

USDCHF

yusdhfdaili 31102013

on a pair of USDCHF price was not allowed above the level of 0.89883, and below is also not given leave, thereby forming a Doji pattern.Perhaps it is a signal to the end of correction and renewal of the downward movement of the trend.

The transaction is recommended to go by the rules of the pattern.

USDCAD

usdsaddaili 31102013

On USDCAD pair price formed a Doji pattern, not having gone far away from the opening price.I will continue to grow to the level of 1.05219, ascloser at the top of the pattern is no support.The transaction is recommended to go by the rules of the pattern.

AUDUSD

audosdaili 31102013

Price AUDUSD pair formed a Doji pattern in the vicinity of a small level of 0.94852.The pattern suggests the uncertainty of future price movements.The situation is not clear until the end, perhaps the end of the downward correction and continuation of the uptrend.The transaction is recommended to go by the rules of the pattern.

XAUUSD

hauusdaili 31102013

the price of gold continues spinning in the area of ​​1344.25 level and formed a Doji pattern.Can a deeper downward correction before further continuation of growth of the price.to recommend deals go by the rules of the pattern.

NZDUSD

nzdosdaili 31102013

But a pair NZDUSD price now distinguished and formed a pattern of pin-bar by calling on the support level of 0.81905.In the overall picture is not yet clear is the beginning of an upward correction or a full-fledged continuation of the uptrend.The transaction is recommended to go by the rules of the pattern carefully.