Greetings progress
HOST: Welcome back to us here in the Technical analysis program for several Currency pairs and gold that will happen on this day.
The analysis we present in the form of price travel patterns that will be pursued in accordance with the pattern of trends that should be addressed by each of the pair.
To use this technical analysis you simply look at the price of travel Patterns as seen in the chart image in front of you, the pattern of price trends also you can specify in accordance with the model and Price of travel patterns that may be taken by the respective obligations of the pair
And below is the result of technical analysis you can see as below
AUD/USD
Although the pair appears to be forming a strong Bullish pattern in the near future but it seems the pair is still in a state of consolidation to set the power and direction of the trend determines the next
EUR/AUD
It seems the pair have found the foundation to continue the direction of the next movement
which appears the pair will experience a bullish price trend pattern
XAU/USD
The pattern of a Bullish trend was also evident in the pair with travel patterns as you can see in the picture
USD/JPY
It seems the pair will take vengeance after the rise quite strong and long
Trend which reads the pair will re-experience the bearish trend is also very strong and long
GBP/CHF
To this currency pair still seems to be in a confused position he still seeks the power to determine the point at him, however, for a description of the pattern of prices that will potentially be taken as seen in the image above
Well so my observations on several currency pairs in the Forex Technical Analysis Today 4 August 2014 may provide benefits to you
This analysis used wisely and keep you trade with a level of risk that you are able to master as well as possible the trader is one who not only can make a profit but also are able to control the level of trading risk
Greetings progress
