Friday, November 29, 2013

Trading Recommendation Forex Nov. 29

Fundamental Analysis


Nikkei Surges to 6-year Closing High 




Today we are going to take a look at the Japanese stock market. Yes we do provide research mostly for Foreign Exchange pairs; but in this case the Japanese stock market is always a good indicator of Yen movement. Since Japan is an export-oriented country; Yen weakness gives Japanese companies higher profits thus positive equity prices. 

To read the full trading recommendation, please click this link: http://metisetrade.com/index.php/research



Technical Analysis


AUDCHF Nearing Support;Buy at a Bounce! 




Today we are going to take a look at AUDCHF. As we can see from the chart the price has been ranging for the past 6 months between 0.8745 and 0.8210. However, at the present we are closing in the bottom of that range. 

To read the full trading recommendation, please click this link: http://metisetrade.com/index.php/research


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