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Forex Technical Analysis
Technical analysis uses past data to try to forecast the future of a currency or pair. It is visually represented in the form of graphs, charts or tables. Some examples of technical analysis are the Elliott Wave and Fibonacci.Technical
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2votesEUR/USD 1.3535 - 6 January EUR/USD Open 1.3954 High 1.3944 Low 1.3504 Close 1.3916 In December the Euro/Dollar rose sharply and reached the 1.4710 resistance, but strengthening over this level could ...... Read More
2votesShort term (Intraday)1,3544. EUR USD is in an downtrend directed by 1H exponential moving averages. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend ...... Read More
2votesEUR/USD-market strategy can be~a sell from the 1.3400$ levelEUR/USD-market strategy can be a sell from the level 1.3400$Technical oscillators supporting the bearish trend for the currency pairTo ...... Read More
0votesEUR/USD opened up at $1.3644 and seemed to steadily fall for the next hour to $1.3570. A steady climb took the pair to a high of $1.3517 at about 4am GMT. A severe correction over the next hour ...... Read More
0votesThe pre-planned breakout variant was realized with overlap of assumed targets. OsMA trend indicator, having marked advantage in bearish activity development at the break of key supports gives reasons ...... Read More
0votesDaily Pivots: (S1) 1.3467; (P) 1.3715; (R1) 1.3883; EUR/USD falls further to as low as 1.3504 today and at this point, intraday bias remains on the downside as long as 1.3712 minor resistance holds. ...... Read More
2votesEUR/USD Open 1.3954 High 1.3973 Low 1.3839 Close 1.3916 On Friday Euro/Dollar tested the 1.3973 top and from there descended down to 1.3839, and closed at 1.3916 after little correction. The Euro ...... Read More
1votes1/05/2009 – EUR/USD – On the first day of the first full week of 2009, price action on the EUR/USD pair, a daily chart of which is shown, has made a bold statement regarding the remarkably rapid ...... Read More
0votesRate drops to new lows in early New York today, aggressive liquidation by EURO-Sterling cross spreaders likely providing the main selling. Late longs are under pressure and can’t ignore a break of ...... Read More
0votesThe chart shows the movement started from 1.4718 (18 December). I think it is corrective in nature and is in the position of wave B or wave 2 of one higher degree. In both cases I will expect a new ...... Read More
0votesEUR/USD-market strategy~can be a sell from the 1.3710$ levelEUR/USD-market strategy can be a sell from the level 1.3710$Technical oscillators supporting the bearish trend for the currency pairTo ...... Read More
0votesThe outlook is bullish. Analysis name : Euro-DolLast close : 1.400601.39200 Last status id : noneLast status text : Trading range.Current date : 2009-01-05 ...... Read More
0votesDaily Pivots: (S1) 1.3843; (P) 1.3915; (R1) 1.3990; EUR/USD's decline from 1.4719 resumed today and dives to as low as 1.3553 so far. Break of mentioned 1.3629 cluster support is consistent with the ...... Read More
0votesShort term (Intraday)1,3913. EUR USD is in a range between 1,3840 and 1,4030. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ...... Read More
0votesShort term (Intraday)1,3913. EUR USD is in a range between 1,3840 and 1,4030. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ...... Read More
0votesIn the current technical situation on the market of the analyzed pair we have a tendency of rate movement within descending trading channel. OsMA trend indicator, having marked general situation of ...... Read More
4votesHow Did the Euro Trade in 2008? Exactly one year ago, the Euro was trading at approximately 1.47 against the US dollar, 5 percent higher than current levels. In 2008, this type of move is ...... Read More
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