Archive for December 2013
Recommended Trade: NZD/USD BelforFx- On November 28, a Head and Shoulders have broken through the support line. This pattern with a Downward sloping Moving Average, indicates a possible bearish price movement…
Recommended Trade: AUD/USD On December the 2nd, a Channel Down has been identified. This pattern, still in the process of forming, indicates a possible bullish price movement towards the resistance…
The GBP/USD finally broke above the 1.6260 very strong resistance. We have been waiting for it for a while, but it was worth it. The pair climbed a quick 200…