{"id":20152,"date":"2011-03-16T05:27:31","date_gmt":"2011-03-16T09:27:31","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=20152"},"modified":"2011-03-16T05:27:31","modified_gmt":"2011-03-16T09:27:31","slug":"daily-market-review-16-03-2011-2","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/03\/16\/daily-market-review-16-03-2011-2\/","title":{"rendered":"Daily Market Review 16.03.2011"},"content":{"rendered":"


<\/strong><\/p>\n

EUR-USD<\/strong><\/p>\n

It can be seen that the last candle stick supported on the level of 1.3860, however, produces Japanese pattern, which signifies the end of an uptrend. Due to this we believe that the break out of the price level of 1.4036 will bring to the level of 1.43. On the other hand, the break down of the level 1.3860 will most likely bring down the price to the level of 1.34.<\/p>\n

As can be seen by the graph bellow:<\/p>\n

\"\"<\/p>\n

Potential Trade<\/strong><\/p>\n

Two possibilities:<\/p>\n

1.    The break out of the price at the level of 1.4040, you can move to the hourly time frame and to look for the upward price structure and to enter the long position. First target: 1.4107. Second target: 1.4150.<\/p>\n

2.    The break down of the price at the level of 1.3856, you can move to the hourly time frame, to search for downward price structure and to enter the short position. Target 1.3750.<\/p>\n

As can be seen by the graph bellow:<\/p>\n

\"\"
<\/strong><\/p>\n

GBP-USD<\/strong><\/p>\n

The price did not fix a third of the course of the increase (broken blue line). The price break down of the level 1.5960, will most likely in the first stage go down to repair 50% Fibonacci- level of-1.5850.<\/p>\n

As can be seen by the graph bellow:<\/p>\n

\"\"<\/p>\n

 Possible Trade<\/strong><\/p>\n

The price stopped at the resistance level of 1.6085, you can search in the hourly time frame for the downward price structure and to enter the short position. Target: 1.5980.<\/p>\n

As can be seen by the graph bellow:<\/p>\n

\"\"
<\/strong><\/p>\n

 <\/p>\n

 <\/p>\n

RISK DISCLAIMER<\/p>\n

Forex trading<\/a> involves high risk. Before any trade<\/a>, you should consider carefully the investment<\/a> objectives and the level of risk. The data sent by mail is not necessarily real-time data or precise. Real-Forex is not liable for the losses resulting from the utilization of the data. Real-Forex (Finnocorp<\/a> Trading Solution Ltd<\/p>\n

.) is not liable for losses or damages as a result of reliance on the information provided by e-mail or on the overall data, quotes, charts, signals buy \/ sell<\/a>. It is hereby clarified that the investor must be aware of risks involved in trading in financial markets, which is a form of investment that may contain potential risks.<\/p>\n

Real-Forex<\/a> team \"\"<\/p>\n

Trade like the pro’s with a true ECN Forex broker<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

EUR-USD It can be seen that the last candle stick supported on the level of 1.3860, however, produces Japanese pattern, which signifies the end of an uptrend. Due to this we believe that the break out of the price level of 1.4036 will bring to the level of 1.43. On the other hand, the break … <\/p>\n

Continue reading “Daily Market Review 16.03.2011”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-20152","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=20152"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20152\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=20152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=20152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=20152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}