February 2012

Forex Daily Review - 22.02.2012

The price has opened the current week with a significant gap that shows the power of the buyers. It is possible to see that the price is located above the Bollinger’s Moving average and it is possible to assume that breaking...

Forex Daily Review - 21.02.2012

It is possible to see that the range of the price lately does not allow analysis for a long period of time. As it was written on the previous review the price did descend to the 1.3077 price level and even touched...

Forex Weekly Review - 20.02.2012

The price has breached the 1.3241 price level but was thrown back after touching the Bollinger’s moving average that is heading sharply downwards and does not let the price to continue the uptrend. The price is located...

Forex Daily Review - 16.02.2012

During the last trading day the price checked if the 1.3210 price can be used as a resistance level and left a long shadow upwards. At this moment the price is very close to the moving average of the Bollinger bands...

Forex Daily Review - 15.02.2012

It is possible to see that the price has opened the trading week exactly on the 1.3210 price level which is a 38.2% correction level by Fibonacci retracement of the downtrend marked by red broken line. The price tried to pull itself upwards but...

Forex Daily Review- 14.02.2012

The price has breached the 1.3241 price level but was thrown back after touching the Bollinger’s moving average that is heading sharply downwards and does not let the price to continue the uptrend. The price...

Forex Weekly Review- 13.01.2012

The last trading week signed the stoppage of the sharp ascending move, the price has corrected some of the mentioned trend, and the interesting...

Forex Daily Review - 09.02.2012

First of all it is important to mention that by breaking the 1.3200 the price has created an ascending price structure and the 1.3200 price level is used as a support level and suppose to be unbreakable without the option...

Forex Daily Review - 08.02.2012

Yesterday was another day that joins the last seven candles in which the price is ranging in the range of between the 1.3077 and the 1.3210 price levels, the price started the week under the closure of the previous, we...

Forex Daily Review - 07.02.2012

During the last trading week the price has stayed between the limits of the 1.3077 support level and the 1.3210 resistance, while almost every day the price has reached to both of those levels but could...

Forex Monthly Review- 06.02.2012

The price did broke the 1.3200 price level by the main assumption of the previous review and even broke the 1.3050 price level which was given on the previous review as a possible target too. The price currently...

Daily Review - 02.02.2012

The price has started the day of the last candle by climbing and checking again the 1.3210 last peak level that is used as a resistance level and came back down trying to break the 1.3077 support level. Breaking this level will...

Daily Review - 01.02.2012

The price has stopped on the 1.3210 resistance level and the candle that was created is a reversal candle called “Harami”, this candle which is locked in the limits of the previous one in addition to another red candle shows that the trend.

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