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Forex Market Forecast for 26.05.2014

Author: Artem aka TeaDrinker

Hello, below will be several recommendations for trading on the Forex market for 26.05.2014

USDCAD

usdcaddaily 26052014

On the USDCAD pair, the price once again approached the 1.08579 level and could not break through it. A rebound from the level and an attempt to rise will likely follow. Market participants have already begun buying. For entering trades, it is recommended to wait for signals in the form of Price Action patterns.

AUDUSD

audusddaily 26052014

On the AUDUSD pair, the price once again could not break through the 0.92264 support level and formed a Doji pattern. Market participants are already predominantly in buys. A price rise in continuation of the trend is likely. It is recommended to enter trades according to the rules of the pattern.

EURJPY

eurjpydaily 26052014

On the EURJPY pair, the price formed a Doji pattern in the area of the 138.945 support level. The level is quite strong and a rebound and price rise may follow. It is recommended to enter trades according to the rules of the pattern.

Respectfully, Artem aka TeaDrinker TradeLikeaPro.ru

#forecasts

Hello, below will be several recommendations for trading on the Forex market for 26.05.2014.

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