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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

EURUSD
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.

GBPUSD
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.

USDJPY
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
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. :)
Regards.

  6,024 Views · 672 Replies ( Last reply by FP Representati )

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How to choose the broker?

02 Jan 2011

can somebody give me tips how to choose the broker. So many offers on the market and one is better than another and I just don't know what is important. Many brokers offers good bonus to your deposit up to 50%.

  1,317 Views · 62 Replies ( Last reply by Veer Mohammad )

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All about Demo account

26 Nov 2010

I made thread of demo account here to discuss anything about demo account. Do you think it was necessary to use demo account? Or How long do you think we must move from demo account to real account? Is demo account effective as our learning in forex? And many things about demo account discussion. You can ask and share here.

Okay lets start to talk about this friend :)

  1,118 Views · 78 Replies ( Last reply by profit )



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