Forex Analysis

Forex market situation on 04/07/2013

Hello, below is some advice on trading on the Forex market on 4.07.2013


gvpusdaili 4072013

on a pair GBPUSD formed a pattern of absorption at the level of 1.51916.The pattern tells us about a possible reversal of the price movement, and change the current trend.The transaction is recommended to go by the rules pattern and do not forget that the trend is still down.


yusdhfdaili 4072013

on a pair of USDCHF price pattern formed in the inner level of 0.95066 bar area.Probably will rebound from the level and start downward correction.The transaction is recommended to go by the rules of the pattern.


gbpzhpidaili 4072013

price for a pair GBPJPY pulled back to a level of 150,974 and returned back formed a Doji pattern.I will continue to grow.The purchase pattern for better not to go becausenext resistance level.For entries in the transaction is recommended to wait for the signal in the form of patterns Price Action on the level of resistance or 153,390 after his breakdown.