Friday, November 30, 2012

EURUSD HAS REGULAR BEARISH DIVERGENCE



EURUSD has formed regular bearish divergence above Moving average 50SMA
Pair has support @1.2960, 1.2940,1.2880
Resistance @1.3020,1.3050

if Pair breaks Support level 1.2960 then pair may test Support 1.2880

Wednesday, November 28, 2012

AUDUSD has head & shoulder pattern


AUDUSD has formed head and  shoulder pattern in 4hours chart
targeting towards 1.0376 (9th Nov, 2012's low)