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Thursday 19 April 2012

Forex Currency and Gold


Forex Currency and Gold Analysis


Time : 11:08 pm = 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, DiDI 1

Currency pairs and Gold
Comments

EURUSD H1
Prices are picking up and in the up trend area O the Bollinger. Most of the indicators are showing up.

USDCHF H1
The prices are coming down with no reversal or up indicators yet.  This is the third bar down after the price made reversal.

GBPUSD H1
The prices are in Bollinger squeeze a little ascending. The range is too small for the price to move. In fact it can said as no direction at all.

USDJPY H1
Overall prices are in Bollinger squeeze  moving sideway. There are no indicators yet to show the price movement.

Gold H1
Gold prices in the up trend area of Bollinger and reacted with the reversal indicators down with its second down bar. No all indicators showing the same directions and they are mixed all together.