Weekly Forecast on Forex Market on March 05th – 09th , 2012.
The range fluctuations for this week is the following :
EUR/USD = 1.3164 – 1.3275; USD/JPY = 81.05 – 83.15; GBP/USD = 1.5780 – 1.5925; USD/CHF = 0.9005 – 0.9285; USD/CAD = 0.9825 – 1.0010; AUD / USD = 1.0570 – 1.0855; NZD/USD = 0.8170 – 0.8450; EUR / JPY = 106.45 - 109.35; EUR/GBP = 0.8425 – 0.8568; EUR / CHF = 1.2055 - 1.2095; GBP/JPY = 127.35 – 129.25.
Daily Forecast on Forex Market on March 05th, 2012.
The range fluctuations for this day is the following :
EUR/USD = 1.3164 – 1.3275; USD/JPY = 81.30 – 82.20; GBP/USD = 1.5790 – 1.5925; USD/CHF = 0.9080 – 0.9185; USD/CAD = 0.9839 – 0.9942; AUD / USD = 1.0695 – 1.0790; NZD/USD = 0.8250 – 0.8367; EUR / JPY = 107.57 – 108.63; EUR / GBP = 0.8445 - 0.8520; EUR/CHF = 1.2053 – 1.2077; GBP/JPY = 120.45 – 121.50.
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Foot note :
This is shorter fluctuation which will be happen in naturally that drive by mood and psychological global mass to take trading positions in crowded narket. But if there are a very urgent fundamental data or news, the fluctuation in graphic maybe happen in turbulence fluctuation move up or move down more than shorter forecasting. And a part of big fluctuation dynamic on biorhythmic and biocycle in midterm and longterm cycle. So you may not being only Globalize with Internet but now you must be have vision as GALAXIZATION with GALAXINET.
GBP/USD Technical Pattern for March 9, 2012 (Weekly Strategy)
The GBP/USD pair is thinking about what technical pattern to choose and without definite trend, the moving average of 200 periods (blue) is above the current price quote, about 1.5877, if the pair closes the day and the week above this level, we recommend buying until the next resistance of 1.6069 (W_R2) as the final objective. Read More.....
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