The document provides a weekly technical analysis of major forex pairs. It notes that last week the EUR/USD, GBP/USD, and USD/JPY opened high and closed low, while USD/CHF opened low and closed high. This week it recommends selling EUR/USD at 1.2500 and buying at 1.2000, selling GBP/USD at 1.5729 and buying at 1.5300, selling USD/JPY at 79.67 and buying at 78.73, and selling USD/CHF at 1.0037 and buying at 0.9440. It concludes by wishing readers a happy trading week.
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2. Review of last week market on the major pairs
The Eur/Usd, GbpUsd and UsdJpy opened
high and closed low while Usd/Chf opened
low and closed high last week.
Forex weekly Technical Analysis
4. EURUSD
EURUSD continues its long time drop due to the
unresolved debt and political crisis in the European
region.
We forecast to sell @1.2500 and buy @1.2000
GBPUSD is good to sell @1.5729 and you can buy
@1.5300
Forex weekly Technical Analysis
5. USDJPY
We suggest that traders sell USD YEN
@79.67 and buy @78. 73.
USDCHF, Selling of USD swiss @1.0037
will be good while you may buy the pair
@0.9440
Forex weekly Technical Analysis
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Forex weekly Technical Analysis