Thursday, 16 January 2014

FOREX News For Today: 16th Jan 2014


Yesterday the bulls managed to get the support of the day short-term trend , the current level retains its properties at 141.82 . Resistances currently perform daily Kijun ( 143.08 ) and Kijun fib ( 143.69 ) . If the pair manages to break new dead cross , we can expect that players will increase its efforts to cut formed correctness , then updating the maximum ( 145.68 ) , they will be able to continue to trend higher time frames .

H1 - H4
Halves on younger bulls managed to regain support Ichimoku - are golden crosses , pair fixed above the clouds H1. Currently performed by the first targets goal breakdown clouds H1 ( 142.86 - 143.13 ) . Perhaps the formation of rollback , supports are Tenkan H1 ( 142.53 ) and Tenkan Kijun H1 + H4 ( 142.35 ) . Break of the latter level may change the mood and make it possible to deepen the adjustment to the Kijun H4 ( 141.76 ) , under which the binding - is the beginning of the work day in the direction of the dead cross.

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