Situation in the Forex Currency Market on 19.09.2013
Hello. The dollar clearly weakened this evening, so let's look at the situation as of 19.09.2013
EURUSD
The price on the EURUSD pair continued moving upward along the trend and passed the resistance level of 1.33966. A small pullback downward and then a continuation of the upward move are possible. For trade entries, it is recommended to wait for signals in the form of Price Action patterns.
GBPUSD
The price on the GBPUSD pair also continued moving further along the trend. Ahead lies the resistance level of 1.61961. Attention should be paid to the price behavior at this level, as a rebound and the start of a downward correction may follow. For trade entries, it is recommended to wait for signals in the form of Price Action patterns.
EURJPY
A Doji pattern formed on the EURJPY pair around the 132.388 level. The pattern tells us that there is uncertainty about the further price movement. It is recommended to enter trades according to the rules of the pattern.
Sincerely, Artem aka TeaDrinker
TradeLikeaPro.ru
The dollar clearly weakened this evening, so let's look at the situation as of 19.09.2013.