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Monday, 7 May 2012

EUR/USD formed a counter trend pin that doubled as false break of support  around 1.3000 zone.Initially this market has been in a range condition, ranging between 1.3284 to 1.3000.We see this market resuming the ranging version because of the formation of a false break bullish candle.The breaking of the closing price o f this pin may give room for higher price
 
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Friday, 4 May 2012

FOREX TRADING CHART ANALYSIS FOR 4/5/12 BY ADEWALE ADELEKE

AUD/USD continues its onslaught today, breaking through the long term support around 1.0225 zone.We are anticipating the retest of the near term support zone at 0.9882


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Forex Trading Trade Setups by ADEWALE ADELEKE

The Eur/usd loss a significant ground today after breaking the low of the previously formed pin on THURSDAY of this week.This latest moves was started by a FAKEY SETUP formed at 1.3284 zone.We look forward to the this possibility of this pair getting to the next key support around 1.2994 .


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