August
12
23:21
Forex Analysis

Forex Market Overview on 02/08/2013

Hello, today had good movement throughout the day and let's look at what you can expect from the Forex market on 2.08.2013

EURUSD

erusdaili 2082013

price of EURUSD pair pulled back as expected in the area of ​​the level 1.31895.Talking about the turn of the trend early.Perhaps on the level of a downward correction will end and be followed by a continuation of the upward movement.For entries in the transaction is recommended to wait for the signal in the form of Price Action Patterns.

GBPUSD

gvpusdaili 2082013

on GBPUSD pair did not work the last pattern Pin-bar and the price continued downward movement.I think the movement will continue at least in the area of ​​the level of 1.50300.For entries in the transaction is recommended to wait for the signal in the form of Price Action Patterns.

AUDUSD

audosdaili 2082013

As expected the price of a pair AUDUSD continues to move down to the district level support 0.88387.Those who did not enter into the transaction is recommended to wait for the signal in the form of patterns Price Action on the

level or on a pullback after the break.

EURJPY

erzhpidaili 2082013

price EURJPY pair apparently decided not to break the uptrend after yesterday's doji pattern rushed up, breaking through the level of 130,902.To confirm that the sample is not false, it is good to wait for the rollback to the level.During rollback those who do not have time to enter into the transaction may look for signals in the form of patterns Price Action on younger timeframe.