Monday, December 16, 2013

Forex Analysis (16 December, 2013)

EUR/USD
EUR/USD pair is now bullish power. The price already breakout daily resistance 1 level (1.37698) and upper trend line. I think the price may touch daily resistance 2 level (1.37991).
(Trade your own risk & analysis)


GBP/USD
GBP/USD pair is now up trend. The price already breakout daily pivot point (1.63060) and upper trend line. I think the price may touch daily resistance 1 level (1.63503).
(Trade your own risk & analysis)


USD/JPY

USD/JPY pair price already touched daily support 1 level (102.827) and lower trend line. Now the price try to move up ward. I think the price may touch Fibonacci 23.6 level (103.206).
(Trade your own risk & analysis)


GOLD (XAU/USD)
Gold price already touched Fibonacci 38.2 level (1229.70) and lower trend line. Now the price try to move up ward. I think the price may touch daily pivot point (1232.33).
(Trade your own risk & analysis)


SILVER (XAG/USD)
Silver price already touched Fibonacci 0.0 level (19.49) and lower trend line. Now the price try to move up ward. I think the price may touch daily pivot point (19.57).
(Trade your own risk & analysis)

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