Pages

Tuesday 10 April 2012

Forex Currency and Gold


Forex Currency and Gold Analysis


Time : 1.01 AM = 8.00 + GMT
FOREX AND GOLD ANALYSIS
Indicators used:  Bollinger band, NonLag MA 7.1, EMA 5,10,25, Trend Magic, Shi Silver, GP Reverse,Super Signal V3, BB Stop, RSI(10), Trend Continuation, Kuskus_Starlight 2

Currency pairs and Gold
Comments

EURUSD H1
The price shooting up after quite a long sideway movement. Indicators like BB Stop, RSI(10),Kuskus_Starlight, NonLagMA all showing up except Trend Continuation and reversal indicators.

USDCHF H1
The prices are coming down with most of the indicators showing the same direction except Trend Continuation and reversal indicators like GP Reverse and Super Signal shown to indicate reversal but it seems the down is still at its strength.

GBPUSD H1
Reversal indicators  like GP Reverse and Super Signal appeared after price shooting up. Most of the indicators showing up except Trend Continuation still pointing at sideway.

USDJPY H1
Nothing shown positive with prices at the small squeeze of the Bollinger. They are moving sideway. The best time to sideline and should wait for other indictors start new price movement.

GOLD H1
The gold prices are coming in to Bollinger squeeze with most of the indicators pointing sideway.