August
12
23:21
Forex Analysis

The situation in the forex market on 30.07.2013

Hello, vacation is over, and let's see what to expect from the Forex market on 30.07.2013

EURUSD

erusdaili 30072013

on EURUSD pair price growth halted in the area of ​​low-energy forming a pattern of resistance 1.32790 inner bar.There will probably be a small correction in the area of ​​1.31895 and then continued price growth.The transaction is recommended to go by the rules of the pattern in the direction of the trend.

GBPUSD

gvpusdaili 30072013

pair GBPUSD On the same pattern formed on a small inner bar level in the area of ​​price 1.53854.Possible downward correction and then continued further growth trend.The transaction is recommended to go by the rules of the pattern in the direction of the main trend.

USDCHF

yusdhfdaili 30072013

price USDCHF pair apparently decided to slightly adjust the earlier break of 0.93518.After the correction is likely to be a continuation of falling of the price.For entries in the transaction is recommended to wait for the signal in the form of Price Action Patterns.

USDJPY

usdzhpidaili 30072013

on a pair USDJPY price stood

at 97,854 support forming a small doji.There will probably be a slight correction upwards and then the breakdown level and the continuation of the downward movement.The transaction is recommended to go by the rules of the pattern.

EURJPY

erzhpidaili 30072013

On EURJPY pair price strong momentum has passed 130,902, and the level of support trendline.To confirm trend reversal or a false breakdown, it would be nice to see a correction back to the trend and level of 130,902.For entries in the transaction is recommended to wait for the signal in the form of patterns Price Action during a possible rollback.