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Monday 2 April 2012

Forex Currency and Gold


Forex Currency and Gold Analysis


Forex Analysis                     Time : 9.36 PM = 8.00 + GMT
 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 prices are going downward with all the indicators showing the same direction except GP Reverse and Super Signal indicated that reversal would likely to happen. Wait for another 2 -3 bars to some changes.

USDCHF H1
The prices showing  strong up but reversal indicators like GP Reverse and Super Signal shown reversal would likely to happen. Wait for the real change.

GBPUSD H1
The bars are going down with some indicators showing up , but Trend Continuation  showing sideway and also BB  Stop. The BB Stop down will confirm the prices down if it appears.

USDJPY H1
Prices are down with all the indicators showing down except Trend Continuation started showing sideway and also reversal indicators warned that reversal would likely to happen.

Gold H1
The prices are at the white down bar with BB Stop still showing down but indicators like RSI(10), Tend Continuation and Kuskus_Starlight are moving sideway.