empty
 
 
04.09.2014 02:20 AM
Daily analysis of major pairs for September 4, 2014

EUR/USD: Although the EUR/USD pair is threatening to go upwards, the bias is still bearish and the price action can be construed as another opportunity to go short. The price may reach the support line at 1.3100.

This image is no longer relevant

USD/CHF: Although the USD/CHF pair is threatening to go downwards, the bias is still bullish and the price action can be construed to be another opportunity to go long. The price may reach the resistance level at 0.9250.

This image is no longer relevant

GBP/USD: A fall of over 150 pips this week is not a joke – it gives the Bearish Confirmation Pattern in the chart a stronger formation. In the chart, the EMA 11 is below the EMA 56 and the price is below them. The RSI period 14 is far below the level 50. Long trades are not yet sensible in this market, for the price may end up reaching the accumulation territory at 1.6400.

This image is no longer relevant

USD/JPY: The USD/JPY pair is still in a bullish mode, irrespective of the shallow pullback that is currently happening in the market. In spite of the pullback, the price can still test the supply level at 105.00 again, break it to the upside and go towards another resistance level at 105.50. This would be possible as the yen continues to be weak. Some strong fundamental figures are expected today and they will surely have impact on the markets.

This image is no longer relevant

EUR/JPY: As the yen continues to be weak, this cross would be going further upwards. No matter occasional southward retracements and high volatility, the price can end up reaching the supply zone at 138.50.

This image is no longer relevant
InstaForex Analyst,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    कॉन्टेस्ट में हिस्सा लें
  • चैन्सी डिपॉजिट
    $ 3,000 के साथ अपना खाता जमा करें और प्राप्त करें $1000 अधिक!
    में जून हम आकर्षित करते हैं $1000 चैंसी डिपॉज़िट में
    ट्रेडिंग अकाउंट में $ 3,000 जमा करके जीतने का अवसर प्राप्त करें इस शर्त को पूरा करके आप प्रतियोगिता में भाग ले सकते हैं
    कॉन्टेस्ट में हिस्सा लें
  • ट्रेड वाइज़, विन डिवाइस
    कम से कम $500 के साथ अपने खाते में टॉप अप करें, कॉन्टेस्ट के लिए साइन अप करें और मोबाइल डिवाइस जीतने का मौका पाएं।
    कॉन्टेस्ट में हिस्सा लें
  • 100% बोनस
    अपनी जमा राशि पर 100% बोनस प्राप्त करने का आपका अनूठा अवसर
    बोनस पायें
  • 55% बोनस
    अपनी प्रत्येक डिपॉजिट पर 55% बोनस के लिए आवेदन करें
    बोनस पायें
  • 30% बोनस
    हर बार खाता टॉप अप करने पर 30% बोनस प्राप्त करें
    बोनस पायें

अनुशंसित लेख

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
Widget callback