15.02.2012 / 15:05
The EUR/USD currency pair is moving according to our forecast, and currently the price is forming the descending symmetrical pattern with the target in the area of 1.3040. One can consider selling the pair near the level of 1.3200. If the price leaves the channel, this case scenario will be cancelled.
15.02.2012 / 14:47
It looks like wave  of C is taking the form of diagonal triangle pattern. The rising price movement is slowing down, and the bulls just aren’t strong enough to continue pushing the market upwards. Most likely, the pair will reach a new local maximum, but won’t move any farther.
15.02.2012 / 15:07
Franc rebounded from the daily Super Trend’s line, which is a good bearish signal. Taking into consideration the fact that the price fixed itself below the 3/8 level, we can expect the market to continue falling down towards the 0/8 one. The breaking of the H4 Super Trend will confirm this scenario.
15.02.2012 / 14:52
GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen intersected above Kumo Cloud forming “Dead Cross”, both lines are directed downwards. Ichimoku Cloud is going down (2), Senkou Span A is moving downwards, and Senkou Span B is horizontal. Chinkou Lagging Span is below the chart, the price is below the indicator’s lines. In the near term, we can expect resistance of Tenkan-Sen and the price to continue moving downwards.