12.04.2012 / 18:31
The EUR/USD currency pair is moving according to the forecast. Judging by the price structure we should expect the pair to grow up into the area of 1.3275. One can consider buying Euro near the level of 1.3120. The test of the trend’s ascending line at the RSI is an additional signal to buy the pair. If the price falls down lower than 1.3075, this case scenario will be cancelled.
12.04.2012 / 09:11
The NZD/USD currency pair continues moving inside a very narrow trading range, the price has already formed two initial bearish impulses. The situation may become clearer in the nearest future, `cause the current chart structure implies that the price may start moving downwards again inside wave (3).
12.04.2012 / 09:45
The EUR/GBP currency pair has been consolidating inside an “oversold zone” near the -1/8 level over the last several days. The chart structure indicates that the descending movement will continue. We can’t exclude a possibility that the price may break the -2/8 level in the nearest future, and the lines at the chart will be redrawn.
12.04.2012 / 16:38
GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud forming “Golden Cross” (1), Tenkan-Sen is directed upwards, and Kijun-Sen is horizontal. Ichimoku Cloud is going down (2), Senkou Span A is moving upwards, and Senkou Span B is horizontal. Chinkou Lagging Span is above the chart, the price near the cloud’s upper border. In the near term, we can expect support of Senkou Span A and the price to grow up.
12.04.2012 / 15:51
The H4 chart of the EUR/USD currency pair shows a bullish correction on the descending trend. Bearish Tweezers pattern indicates the start of the correction. Window, which is the closest to the price, is a resistance level. Three Line Break and Heiken Ashi candlestick charts confirm an ascending correction.