Wednesday, October 9, 2013

Forex Analysis (09 October, 2013)

EUR/USD
EUR/USD pair is now strongly bearish power. The price already touched daily support 2 level (1.35289) and lower trend line. I think the price may touch daily support 3 level (1.35011).
(Trade your own risk & analysis)


GBP/USD
GBP/USD pair is now strongly bearish power. The price already touched daily support 2 level (1.59703) and breakout lower trend line. I think the price may touch daily support 3 level (1.59218).
(Trade your own risk & analysis)


USD/JPY
USD/JPY pair is now bullish power. The price already touched daily resistance 1 level (97.217) and upper trend line. I think the price may touch daily resistance 2 level (97.570).
(Trade your own risk & analysis)


GOLD (XAU/USD)
Gold price pair is now strongly bearish power. The price already touched daily support 2 level (1307.28) and breakout lower trend line. I think the price may touch daily support 3 level (1298.85).
(Trade your own risk & analysis)


SILVER (XAG/USD)
Silver price pair is now bearish power. The price already touched daily support 1 level (22.09) and breakout lower trend line. I think the price may touch Fibonacci 38.2 level.
(Trade your own risk & analysis)

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