Tag: forex analysis

USD/CHF Technical Analysis for May 30, 2012

Forecast:

At 0.9770 a strong level (Resistance) will be formed providing a clear signal for Sell-deals with the target seen at the 0.96 level. Stop Loss is to be placed above 0.9825.
At 0.9524 a strong level (Support) will be formed provi…

EUR/AUD Elliott Wave Count for May 30, 2012

EUR/AUD Elliott Wave
Yesterday the EUR/AUD pair was trading in a downward movement developing 3 wave. During the Asian session we could observe the descending movement towards the 1.2697 level. Therefore during the European session the EUR/AUD pair …

NZD/USD Technical Analysis for May 30, 2012

Strong Support: 0.7480 / 0.7530.
Strong Resistance: 0.7810.

Trading Recommendations:
According to previous events the price is expected to remain between 0.77 and 0.7930 levels.

Buy-deals are recommended above 0.7480 / 0…