EURUSD Market Intraday Analysis

EURUSD EURUSD Chart

trend MA10 MA20 stochastic Daily

MARKET ANALYSIS - Intraday Analysis

EURUSD rise from 1.2810 (S2) and made a sharp move upwards breaking above our yesterday’s first resistance level of 1.2870 (S1), closing positive around 1.2900 ending our day with profit. There have been efforts to increase since yesterday’s session and we believe that rate will move towards higher levels with aim to be high of 1.2971 (R1), a strong technical and psychological level. Ultimately, if the price breaks below the 1.2810 (S2), then it is expected to retrace towards 1.2750 (S3) and further fall will then be limited at 1.2692 (S3).

Comments

Post a Comment

Popular posts from this blog

Super Trend Signal Mt4 Indicator

Image
See Why the Super Trend is the Most Consistently Profitable Trading Indicator  Super trend signal, no repaint, no false signal in sideway market         How Well does the Wave Trend do in Ranging Sideways Markets? The Wave Trend Keeps You Out of Unprofitable Markets Because it Can Not Trigger a Signal during Choppy Times. Works in All Time Frames !   And Daily Charts... Never Miss Another Profitable Trade Sound Alerts Enabled Email Send Alerts Enabled The Super Trend DOES NOT REPAINT DOES NOT PAINT IN ARREAR, Reversal Dots Paint at the Close of the Current Candle... Just the way we Want Them!! Price for this amazing indicator is only 37$ via Credit card or paypal, please send an email to forex3747@gmail.com to get details, then this indicator will be sent to your email after payment completed.
Read more

Forex 26/September 2012 Forecast

GBPUSD GBPUSD made another one attempt to break below 1.6162 (S1) without any success as the last week has increased the pressure on that level, making it strong technical and psychological important for the bears. If the pair do not manage to break below 1.6162 (S1), it is expected the price to continue moving between 1.6271 (R1) and 1.6162 (S1). However, a break above 1.6300 will confirm the bullish trend as the daily outlook remains bullish. On the other hand a break below 1.6162 (S1) will open the doors for a full retracement towards 1.6084 (S2) as is the most likely scenario. EURUSD EURUSD is under selling pressure as it broke below the psychological level of 1.2900 – 1.2890, and it seems that sellers are aiming to push the price lower towards the uptrend trendline at 1.2700 areas. Support levels remains at 1.2817 (S1) and 1.2749 (S2) while our resistance levels can be found at 1.2971 (R1) and 1.3047 (R2). OIL OIL fell below the psychological level of 90.61 and is now a...
Read more