Home / Analytics / Forex analysis & forecasts / Analysis for 24 April 2012 year

RSS 

Forex Forecasts by date

Select date   
  April 2012  
MoTuWeThFrSaSu
      1
2345678
9101112131415
16171819202122
23
24
2526272829
30      
 

Forex Technical analysis and forecasts

24.04.2012 / 17:55

Forex Technical Analysis 2012/25/04 (EUR/USD, GBP/USD, USD/CHF, USD/CAD, AUD/USD, NZD/USD) Forecast FX

The EUR/USD currency pair is moving according to our forecast. Yesterday we had an opportunity to buy Euro at the price of 1.3110. At the moment the price continues forming the ascending pattern, the target of the growth is the area of 1.3290. One can consider buying the pair from the current levels with the stop below 1.3140. If Euro falls down lower than 1.3100, this scenario will be cancelled.

Forex Wave analysis and forecast

24.04.2012 / 14:42

Wave Analysis 24.04.2012 (NZD/USD, EUR/USD)

It looks like the price, after completing zigzag pattern in wave [2], finished a descending impulse. At the moment the local correction is taking place. In the near term, we can expect the price to start falling down while forming the third wave.

Forex Murray math lines and forecasts

24.04.2012 / 15:09

Murray Math Lines 24.04.2012 (GBP/JPY, EUR/GBP, AUD/JPY)

At the H1 chart the price has left an “overbought zone”, but currently the market is again testing the 8/8 level and the H4 Super Trend’s line. It looks like the market is going to rebound from these levels. If it does, the correction may continue up to the 6/8 level, where Take Profit on short-term sell order is placed.

Forex Ichimoku cloud analysis and forecast

24.04.2012 / 13:47

Ichimoku Cloud Analysis 24.04.2012 (GBP/USD, GOLD)

GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud forming “Golden Cross” (1), both lines are directed upwards. Ichimoku Cloud is going up (2), Senkou Spans A and B are also moving upwards. Chinkou Lagging Span is far above the chart, the price is above the indicator’s lines. In the near term, we can expect support of Tenkan-Sen and the price to move upwards.
24.04.2012 / 13:18

Japanese Candlesticks Analysis 24.04.2012 (EUR/USD, USD/JPY)

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 Inside Down pattern indicates that the correction has been finished. Three Line Break chart indicates a descending trend, Heiken Ashi candlesticks confirm a correction.