Wednesday, October 23, 2013

Forex Analysis (23 October, 2013)

EUR/USD
EUR/USD pair is now down trend. The price already touched daily pivot point (1.37440). I think the price may touch Fibonacci 76.4 level (1.37328) and lower trend line.
(Trade your own risk & analysis)


GBP/USD
GBP/USD pair is now bearish power. The price already touched daily support 1 level (1.61502) and lower trend line. I think the price may touch Fibonacci 0.0 level (1.61149).
(Trade your own risk & analysis)


USD/JPY
USD/JPY pair price already touched daily support 3 level (97.212) and lower trend line. Now the price move to up ward. I think the price may touch Fibonacci 161.8 level (97.479).
(Trade your own risk & analysis)


GOLD (XAU/USD)
Gold price is down trend. The price already touched daily pivot point (1331.54). I think the price may touch Fibonacci 61.8 level (1325.74) and lower trend line.
(Trade your own risk & analysis)


SILVER (XAG/USD)
Silver price price already touched Fibonacci 100.0 level (22.74). Now the price try to move down ward. I think the price may touch daily pivot point (22.48) and lower trend line.
(Trade your own risk & analysis)

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