19.04.2012 / 17:59
The EUR/USD currency pair continues moving according to our forecast. We should expect the price to test the area of 1.3035, where one can consider buying the pair with the tight stop. The closest target of the growth is the area of 1.3175. If the price breaks this level, it will continue moving upwards into the area of 1.3350. If the pair falls down lower than 1.2985, this scenario will be cancelled.
19.04.2012 / 10:37
It looks like wave (2) has been already completed, and right now the pair is in the very beginning of the third one. Most likely, the price will continue moving downwards in the nearest future. The target for the bears is at the level of 0.7950.
19.04.2012 / 17:12
It looks like Canadian Dollar is trying to stop the consolidation, which has taken place over the last 24 hours. Earlier the Super Trends’ lines have formed “bearish cross”. The short-term target is the 0/8 level, the market may reach it within the next several days.
19.04.2012 / 15:52
The H4 chart of the EUR/USD currency pair shows a bullish correction on the descending trend, which is indicated by Inverted Hammer, Doji and Three White Soldiers patterns. Window, which is the closest to the price, is a resistance level. Three Line Break and Heiken Ashi candlestick charts confirm a correction.
19.04.2012 / 15:14
GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud forming “Golden Cross” (1), both lines are horizontal. Ichimoku Cloud is going up (2), Senkou Spans A and B are also horizontal. Chinkou Lagging Span is far above the chart, the price is above the indicator’s lines. In the near term, we can expect the price to move upwards and support of Tenkan-Sen.