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Tuesday 26 June 2012

Forex and Gold Analysis


TIME : 6.24PM = 8.00 + GMT
Forex and Gold Analysis
Indicators used : Bollinger Band, NonLag MA 7.1, EMA 5, 10, 25, Trend Magic, Shi Silver Trend Sig, GP Reverse, Super Signal V3, BB Stop, RSI(10), Trend Continuation, Kuskus_Kuskus Starlight 2, DIDI 1, Parabolic SAR
Currency pairs and Gold
Comments
EURUSD H1
Prices are picking up a bit even in Bollinger squeeze area with most indicators showing sideways movement.
USDCHF H1
The prices are in Bollinger squeeze with most indicators showing sideway.
GBPUSD H1
Prices are picking up with most indicators showing up. GP Reverse and Super Signal showed up to warn that price reversal could possibly happen at any time.
USDJPY H1
Prices started to move downward also with most of the indicators showing up except GP Reverse and Super Signal giving early sign that the prices could reverse at any time.
GOLD H1
Prices are in the sideway direction in Bollinger squeeze.