currency market

Sell USD/CAD

Limit order:

Sell USD/CAD @ 1.0295

SL@ 1.0360

TP1@ 1.0240

TP2@ 1.0220

When looking at a 4 hours and  1 hour chart the pair has been declining since 03/09/10.

There is a clear pennant shape forming at these charts. There is also clear support level around 1.0300 (round number). If This pennant will breakdown then it will encounter a support level @ around 1.0284 level.

The next support level is @ 1.0237 and the second support is near the level of 1.0170.

Entrance @ 1.0295 offers a good opportunity to catch the trend.

All forex trading analysis is based on the 1 hour and the daily chart.

Last price:  1.0315

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Monday, September 13th, 2010 daily forex review No Comments

Sell AUD/USD

Sell  AUD/USD  @ 0.9005

SL @ 0.9090

TP1 @ 0.8960

TP2 @ 0.8910

TP3 @ 0.8840

All analysis is based on the 4 hours chart.

Entry Level: 0.9005


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Wednesday, August 18th, 2010 daily forex analysis No Comments

Buy XAU/USD

Buy  XAU/USD  @ 1224

SL @ 1210

TP1 @ 1234

TP2 @ 1248

TP3 @ 1257

All analysis is based on the daily chart.

For Questions comments and further information call us at + 357.220.226.68.

Entry Level: 1224


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Tuesday, August 17th, 2010 Online Currency No Comments

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