empty
 
 
10.10.2012 03:27 PM
Daily Trading Forecasts (October 10, 2012)

EURUSD: The price has been going down, giving short sellers good trading opportunities. The support level at 1.2850 is being tested, and if it is broken to the downside, the next target could be 1.2800. The RSI 14 period is below the level 50.

This image is no longer relevant


USDCHF: It looks like USDCHF has bottomed out. This gives buyers good opportunities to enter at great price levels. The price is above the level at 0.9400, heading for the resistance level at 0.9450. The RSI 14 period is above the level 50.

This image is no longer relevant

 

GBPUSD: Bears rule on the Cable: it has dropped by close to 150 pips this week. There is currently a great struggle between buyers and sellers at the 1.6000 accumulation zone. The price is trying to rally in the near-term, but this may give bears another chance to enter at a better price.

This image is no longer relevant

 

EURJPY:  This cross has come down by more than 180 pips this week. This new bias has been confirmed as the EMA 11 crossed the EMA 56 to the downside. If the price level at 100.70 is broken to the downside, the next target would be 100.00.

This image is no longer relevant

 

USDJPY: This is a complicated market. After a drop in the price that happened earlier this week, the price has continued to move sideways, especially starting from Tuesday. It is advisable to stay out of this market until a clearer signal is generated. 

This image is no longer relevant

Summary
Urgency
Analytic
InstaForex Analyst
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $10000 más!
    ¡En Enero, sorteamos $10000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback