August
12
23:21
Forex Analysis

Analysis of the Forex market on 04/06/2013

Welcome today on several pairs of formed patterns, let's take a look at them.

EURJPY

erzhpidaili 04062013

On EURJPY pair formed a Doji price near resistance level of 130,786.The pattern tells us about the movement of uncertainty, but it is likely to continue the downward movement.The transaction is recommended to go by the rules of the pattern.

NZDUSD

nzdosdaili 04062013

On NZDUSD pair formed a pattern of rails between the levels of 0.80741 and 0.79352.This pattern tells us about a possible price reversal and the beginning of the correction.The transaction is recommended to go by the rules of the pattern.

XAGUSD

sagusdaili 4062013

price of silver continues to move sideways along the support level of 22.25.In this situation it is better to wait for a clearer situation, to open transactions.Those who want to take the risk, may put pending orders on either side of the lateral movement.


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