******Forex Tecnical Analysis 28th August 2013****** As we can see that the forex market is behaving weiredly this week cause of syria fear.So the investors are worry about the crisis made by syrian political condition.So from this concern,We fx BD Network suggesting not to play in long term. As you can see there are some jitllers in usd related pairs such like Euro/Usd,Aud/usd,Usd/jpy,Usd/Cad etc.So now the stratagy will be making short/long positions under/avobe this following level : Euro/Usd - 1.3325 (buy) target - 1.3380 1.3390 (sell) target- 1.3340 Aud/Usd - 0.8925 (buy) target -1.8960 0.8900 (sell) target- 1.8940 Usd/Jpy - 97.00 (buy) target- 97.35 97.60 (sell ) target - 97.20 Euro/Jpy- 129.90 (buy) target -130.40 130.50 (sell ) target -130.15 Usd/Cad - 1.4735 (buy) target - 1.4780 1.5020 (sell ) target - 1.4790 Nzd/usd - 0.7740 ( buy) target - 7790 0.7800 ( sell ) target - 7750 Gbp/Usd - 1.5454 (buy ) target - 1.5500 1.5510 (sell ) target - 1.5550 **Special Note- A stop loss of 10 pips from the set up price, can be triggered to reduce your loss. Try to keep your self away from trading precious metal and commodities until the syrian problem not finish. Wish you good luck for your trading. ***** FX BD NETWORK*****
Posted on: Wed, 28 Aug 2013 12:39:58 +0000