Last Week Low Pairs Are Nearly To Get Important Supports.

Topic locked
  • Reply
Last week low Pairs are Nearly to get important supports. May 20, 2014
Dollar-Yen (101.54) quickly broke underneath the real help zone of 101.30-20 to make a low at 101.10 preceding bobbing back. It is an extremely pivotal time as the bears must push it down to the following long haul help at 100.70-60 or else they may run the danger of a sudden upward move whenever

The Euro-Yen (139.24) is in an affirmed significant downtrend now. It is trying a paramount trendline Support here and could organize a bit of a skip. Anyway unless Resistance at 140 is broken, there could be risks of further tumble to test 200-day MA at 137.94.

The Euro (1.3713) is attempting to skip from the real trendline help at 1.3646. Expect close term Support at 1.3690 and endeavors to climb towards 1.3760 while Support at 139.25 hangs on the Euro-Yen.

The Pound (1.6817) has skiped strongly from 1.6731 and keeps the long haul uptrend in place. A break beneath 1.6730 could refute the uptrend and afterward a dip to sub-1.6600 levels might be on cards.

The Aussie (0.9306) is trying the more level end of its 2-week extent of 0.93-0.94. Just a break underneath 0.9280-70 will invalidate the bullish probability yet a ricochet from here may in any case take it to 0.95+.

Gold (1294.16) and Silver (19.377) keeps on remainning ran inside 1280-1315 and 19-19.7 areas separately. Unless a break from these zones the metals may keep up the sideways combining for a couple of more sessions. General the long haul downtrend is in energy.

CommexFX
Dubai Forums Enthusiast
Posts: 76
Location: null IN

posting in Dubai Business TalkForum Rules

Return to Dubai Business Talk


cron