Forex Forums | ForexLasers.com


Go Back   Forex Lasers Forum > FOREX TRADING > Forex Analysis


Forex4you Technical Analysis 19 Dec 2012

Forex Analysis


Reply
 
LinkBack Thread Tools Search this Thread
  #1  
Old 19-12-2012, 10:15
Level 1 Lasers Member
 
Join Date: Aug 2012
Location: India
Posts: 8
Default Forex4you Technical Analysis 19 Dec 2012

EUR/USD: continuation higher

The trend up continues, strengthened by the break of the 1.3168 highs. Price is now also starting to breach the upper channel line of the current rally - a sign of surprising strength. It is also breaking above the weekly and monthly pivots clustered at 1.3258. If these fail then the next upside target might be 1.3485; any weakness, however, would be likely to return to the 1.3230-40 consolidation zone.



Analysis by: Joaquin Monfort
Forex4you analyst

Disclaimer:
Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are Off
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Forex4you Technical Analysis 18 Dec 2012 remmi Forex Analysis 0 18-12-2012 09:46
Forex4you Technical Analysis 13 Dec 2012 remmi Forex Analysis 0 13-12-2012 10:55
Forex4you Technical Analysis 05 Dec 2012 remmi Forex Analysis 0 05-12-2012 11:00
Forex4you Technical Analysis 28 August 2012 remmi Forex Analysis 0 28-08-2012 10:38
EUR/ USD Daily Technical Analysis 04 June 2012 Emmafx Forex Analysis 0 04-06-2012 14:58


All times are GMT. The time now is 10:09.


Powered by vBulletin® Version 3.8.10
Copyright ©2000 - 2024, vBulletin Solutions, Inc.