Daily Market Review for the 24.03.2011

by real-forex.com | March 24, 2011 9:03 am
EUR-USD It can be seen that the price moves in the upside parallel channel (discontinuous red), and stops in this area. We believe that the resistance level 1.43 nearly along with the upper side of the channel...

Daily Market Review for the 23.03.2011

by real-forex.com | March 23, 2011 9:12 am
GBP-CHF In the daily time frame the pair got back to the resistance point (blue area) that is located between 1.4890 to 1.4830, in addition very close to the downtrend line peak of February 15th, due to...

Daily Market Review for the 22.03.2011

by real-forex.com | March 22, 2011 9:27 am
EUR-JPY It can be seen in the weekly time frame that the price creates a range area between the levels of 107 to 116 after which the break out went up above the down trend line (fragmentary...

Daily Market Review for the 21.03.2011

by real-forex.com | March 21, 2011 10:50 am
EUR-JPY After the intervention of the G7 countries in the weakening of the JPY in the weekly graph there is a creation of a major hammer which crosses the whole range at about (900 pips)

Daily Market Review 16.03.2011

by real-forex.com | March 16, 2011 9:19 am
EUR-USD It can be seen that the last candle stick supported on the level of 1.3860, however, produces Japanese pattern, which signifies the end of an uptrend. Due to this we believe that the break out of...

Daily Market Review for the 15.03.2011

by real-forex.com | March 15, 2011 10:13 am
GBP-JPY It can be seen that the price has got to the down side of the parallel descending channel (fragmentary purple line), stopped and a green candle opened which signifies reversal pattern if and when a confirming...

Daily Market Review for the 14.03.2011

by real-forex.com | March 14, 2011 10:23 am
GBP-CHF The pair stands around the supporting area from December 2008 at – 1.5120 (the brown line) that broke in 2010 and ever since crosses the area back and forth. The daily graph is situated on the...

Daily Market Review for the 07.03.2011

by real-forex.com | March 7, 2011 11:09 am
USD/JPY The pair continues to be in the range of symmetric triangular pattern, the next time the price will get closer to the trend line of the triangle it will be possible to see its breakout.

Daily Market Review for the 03.03.2011

by real-forex.com | March 3, 2011 10:11 am
USD/CHF As can be seen on the daily graph the pair got to the supporting level of 127.2 on the Fibonacci retracement-0.9205, due to the fact that the latest down trend was not yet retraced to 38.2...