Currency Pair Daily Forecasts
EUR/USD Daily Technical Reports
To strength our analysis we will use the following technical indicators:
MACD flat below the zero line
RSI at 47.538 pointing upwards
the market strategy can be a sell a failure to break the resistance level of 1.3750

USD/JPY Daily Technical Reports
The target can be 98.80 at previous support level.
Technical oscillators that supporting the bearish tendency are:
MACD moving averages bellow the zero line and pointing down.
RSI stand on 39.68% and pointing down to over sold area.
market technical indicatores supporting a selling strategy the currency pair

GBP/USD Daily Technical Reports
Technical oscillators that supporting a bearish trend are:
MACD moving averages is flat above the zero line but might be ahead to a bearish cro
RSI stands at 52.197% and pointing up to over bought area.
the chart is in the mid. of bullinger band without a clear direction

USD/CHF Daily Technical Reports
The target can be 1.1430 at previous resistance level.
Technical oscillators that supporting the bullish tendency are:
MACD moving averages above the zero line, ahead of bullish cross.
RSI stand on 59.43% and the trend pointing up to overbought area.
The market strategy is buying to first target of 1.1430, or sell a failure to break the resistance level

Finotec Group Inc.
http://www.finotec.com/
Disclaimer: FINOTEC Tradings Market Commentaries are provided for informational purposes only. The information contained within these reports is gathered from reputable news sources and not intended as investment advice. FINOTEC Trading assumes no responsibility or liability from gains or losses incurred by the information herein.
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