We talked about the EURUSD last week. To look for resistance at the horizontal level of 1.3800. We saw a little pinbar there, and guess what, it payed off, the price lost ground over 2 days now, and is now again in a move back up. Just like before we will look for price action signals at the horizontal level, and dynamic resistance of 1.3650. After this level is reached and the price is going down again we could see a support at 1.3200 if the level of 1.3500 is broken.
 |
| EURUSD 16/11/11 |
Also the oil price reached an 5 month high today. We can expect to see the price of gas rise in Suriname in the coming days. The reason the oil price is rising is probably because the turmoil in the middle east, particularly Iran, who is accused by the U.N. nuclear watch dog about developing nuclear weapons.
 |
| Crude oil 16/11/11 |
This comment has been removed by the author.
ReplyDeleteHi, yes you can contact me at su_forextraders@yahoo.com, you can also visit my facebook page here Suriname forex trading
ReplyDeleteyes you can email me at su_forextraders@yahoo.com
ReplyDelete