 |
| EUR/USD |
| Risk reward: 1.62 |
| Trend: Strong Up |
| Buy at 1.2854 SL 1.2822 TP 1.2925 |
| USD/JPY |
| Risk reward: 0.91 |
| Trend: Neutral |
| Sell at 108.93 SL 109.25 TP 108.61 |
| GBP/USD |
| Risk reward: 2.09 |
| Trend: Strong Up |
| Buy at 1.6333 SL 1.6301 TP 1.6402 |
| USD/CHF |
| Risk reward: 1.13 |
| Trend: Down |
| Sell at 0.9391 SL 0.9423 TP 0.9335 |
| The current support/resistance levels are: |
| EUR/USD 1.3474, 1.3454, 1.3422 - 1.3596, 1.3616, 1.3648 |
| USD/JPY 100.79, 100.68, 100.50 - 101.69, 101.80, 101.98 |
| GBP/USD 1.7018, 1.6992, 1.6951 - 1.7168, 1.7194, 1.7235 |
| USD/CHF 0.8925, 0.8911, 0.8889 - 0.8969, 0.8983, 0.9005 |
The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. The main participants in this market are the larger international banks. Financial centres around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies.
Monday, September 22, 2014
DAILY FORECAST 22-09-2014
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