August
12
23:21
Forex Analysis

Analytics Forex currency market on 07/08/2013

Hello, we start a new week, and let's look at the situation in the forex market.

EURUSD

erusdaili 8072013

As expected last week, the price of EURUSD pair went down and stopped near the support level of 1.28163.In general, I think will be a continuation of the trend down, but the price level is rather qualitative way, and so it is likely the beginning of an upward correction.For entries in the transaction is recommended to w

ait for the signal in the form of Price Action Patterns.

GBPUSD

gvpusdaili 8072013

on a pair GBPUSD price continued downward movement, and rested on the support level of 1.48699.I think the trend will continue, but perhaps the beginning of a slight correction upwards.For entries in the transaction is recommended to wait for the signal in the form of Price Action Patterns.

AUDUSD

audosdaili 8072013

On AUDUSD pair the price is very slow, but the trend is moving further down.I think we can expect a continuation of the price movement down.A good target for sales of 0.88387.For entries in the transaction is recommended to wait for the signal in the form of Price Action Patterns.

NZDUSD

nzdosdveekli 8072013

nzdosdaili 8072013

On NZDUSD pair the price continues to move sideways along the level of 0.78153 and formed another Doji pattern on the weekly chart.I think as a whole will be a continuation of the trend down and the price goes to the district level 0.7600.For entries in the transaction is recommended to wait for the signal in the form of Price Action Patterns.Fans of aggressive trading can put pending orders on both sides of the borders of the lateral movement.

GBPJPY

gbpzhpidaili 8072013

on a pair GBPJPY pattern formed Pin bar in a small area level.I will be a continuation of growth of the price level in the area of ​​153,365.The transaction is recommended to go by the rules of the pattern.