Thursday, October 24, 2013

Forex Analysis (24 October, 2013)

EUR/USD
EUR/USD pair price price already touched  daily resistance 2 level (1.38205) and upper trend line. Now the price try to move down ward. I think the price may touch daily pivot point (1.37690).
(Trade your own risk & analysis)


GBP/USD
GBP/USD pair is now down trend. The price already touched daily pivot point (1.61787) and upper trend line. I think the price may touch Fibonacci 23.6 level (1.61512).
(Trade your own risk & analysis)


USD/JPY
USD/JPY pair is now down trend. The price already breakout daily pivot point (97.568) and upper trend line. I think the price may touch Fibonacci 0.0 level (97.154).
(Trade your own risk & analysis)



GOLD (XAU/USD)
Gold price is down trend. The price already touched daily pivot point (1334.74). I think the price may touch Fibonacci 61.8 level (1331.44).
(Trade your own risk & analysis)


SILVER (XAG/USD)
Silver price is down trend. The price already touched daily pivot point (22.61). I think the price may touch Fibonacci 61.8 level (22.48) and lower trend line.
(Trade your own risk & analysis)


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