August
12
23:21
Forex Analysis

Forex review on 05/07/2014

Hello, below is some advice on forex trading on 7.05.2014

EURUSD

erusdaili 7052014

price of EURUSD pair is not able to go to pass the resistance level of 1.39406.Most market participants have already begun to carry out transactions on the market in the hope of reversal.Probably a small downward correction will follow, and then continue to grow with the attempt to pass the level.For entries in the transaction is recommended to wait for the signal in the form of Price Action Patterns.

EURJPY

erzhpidaili 7052014

Price pair EURJPY continues a series of doji pattern.Market participants also can not be determined which way to gain positions and opinions were divided almost equally.You may want to wait to continue the growth to the level of 143.010.The transaction is not recommended to go on the pattern.

XAUUSD

hauusdaili 7052014

the price of gold has formed a pattern inner bar.What a strong foothold in Paterna No, but maybe the price will continue to rise.The transaction is recommended to go by the rules of the pattern.