empty
 
 
08.11.2012 02:58 PM
Daily Trading Forecasts (November 8, 2012)

EURUSD: This is a bear market. The market has breached more and more support lines on the downside; threatening to go towards the support line at 1.2700. There is a vivid selling pressure as the greenback develops more stamina. It can be seen that the RSI 14 period is below the level 50.

This image is no longer relevant

 

USDCHF: This a bull market – as the price chart shows. The price above the support level at 0.9450 is going towards the upper level at 0.9500. The RSI 14 is above the 50 level. This is a bullish confirmation pattern, and a buy signal remains valid.

This image is no longer relevant

GBPUSD: The GBPUSD pair has already fallen by more than 80 pips this week. I have a sell signal on the chart, especially now that the bearish pressure is very potent. This is not a king of the market phase that respects any accumulation zone. Sell and sell short.

This image is no longer relevant

USDJPY: Finally, after much hesitation, the USDJPY pair finally provides a shorting possibility – though reluctantly. It should be noted that there have been many abortive bullish continuation attempts, and this may potentially signify the end of the recent northward determination.

This image is no longer relevant

EURJPY: The shorting signal here has long been in place; since the EMA 11 has crossed the EMA 56 to the downside, and the Williams’ % Range has perpetually been in the oversold condition, in spite of some notable pullbacks. The price seems to be determined to reach the demand zone eventually at 101.50. 

This image is no longer relevant

InstaForex Analyst,
Especialista em análise na InstaForex
© 2007-2025
Summary
Urgency
Analytic
InstaForex Analyst
Start trade
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $6000 mais!
    Em Dezembro nós sorteamos $6000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback