11.06.2012 / 21:05
We may assume that the price is forming the first signs of a trend reverse. At the daily chart at the RSI the trend’s descending line has been broken, we should expect the test of the similar trend line at the price chart. One can consider buying Euro at shorter time frames.
11.06.2012 / 16:24
The pair continued growing up during the market opening and right now is forming wave . On the minor wave level the price is finishing wave (A), that’s why in the nearest future we can expect the correction. After that the market may move upwards while forming wave (C) of , but the price won’t probably grow up too high.
11.06.2012 / 16:26
Despite the fact that the price has broken the 4/8 level, Canadian Dollar hasn’t been able to fall down much. There is a possibility that in the nearest future the price may break the same level backwards, as well as the Super Trends’ lines. The target is still at the 8/8 level.
11.06.2012 / 16:21
GBPUSD, Time Frame Н4 – Tenkan-Sen and Kijun-Sen are under pressure of “Golden Cross” (1), Tenkan Sen is directed upwards, and Kijun-Sen is horizontal. Ichimoku Cloud is very narrow and still going down, Senkou Spans A and B are horizontal. Chinkou Lagging Span is above the chart, the price is inside Kumo Cloud, above Tenkan-Sen and Kijun-Sen. In the near term, we can expect resistance of Senkou Span B and the price to fall down towards Tenkan-Sen.
11.06.2012 / 16:17
The H4 chart of the EUR/USD currency pair shows the ascending trend, which is indicated by Hammer pattern. A new Window and support of Window 2012.05.28, as well as Three Line Break and Heiken Ashi candlestick charts, confirm an ascending movement.