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OcaFX.Com - Financial News and Analysis

23 Feb 2012

Posted by OctaFX_Farid in Forex News

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Dear members we provides the latest market-based economy reviews. Please track our Analytical comments and research news and you’ll be informed about Forex veracities. We are anticipating that our indepth reviews must lift the standards of your trading. Analytical support is one of our massive advantages. Octafx has a large internal analytical section, gathering top level professionals in market research. Our analysts provides round-the-clock analytical support covering over 120 total market news, comments, opinions, predictions and much more. Our seasoned analysts also provides comments for several business broadcasting companies and TV shows.

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ForexPeoples Daily Technical Analysis for The Majors (4 P...

31 Jul 2012

Daily Technical Analysis for Tuesday, July 31, 2012 - by ForexPeoplesDotCom

The big trend by look with TCCI - till now still on bulls, of course. But for today move, be aware of the bearish - I see the price try to test again to that 23.6 fib line (at 1.2195). So, of course - this could probably bearish first here till that 23.6 fib. But, for big move = this pair on still probably bulls = Once again = I see the TCCI 20day still give us a bulls pic to us.

The bulls of this pair (GBPUSD) look difficult to up = it's because price now must break that strong supply area that now appear above the current price. So, I see this will probably to just consolidation first near that supply area. but, if we see to the TCCI = the TCCI still show the bulls and we can say this pair (GBPUSD) can start bulls again after truly price can break up more that supply area near 1.5717.

I see = the bearish trend still here (USDJPY) but with weak move after price now on near that support area (77.94). With this look = I see - it's better to just wait and see - then, we can sell again here after truly price can break more down to that strong support line (77.94), of course.

USDCHF on look bulls = we see the price candle on the previous day = look like bulls pinbar = So, yes = this can product bulls max. to test again that 0.9840. So, with this look = search for Buy OP on smaller TF = better idea, I see. :)

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