Forex Forums | ForexLasers.com


Go Back   Forex Lasers Forum > FOREX TRADING > Forex Analysis


Forex4you Technical Analysis 18 Dec 2012

Forex Analysis


Reply
 
LinkBack Thread Tools Search this Thread
  #1  
Old 18-12-2012, 10:46
Level 1 Lasers Member
 
Join Date: Aug 2012
Location: India
Posts: 8
Default Forex4you Technical Analysis 18 Dec 2012

EUR/USD: Technical Analysis

Eurodollar continues to consolidate in a pennant or triangle formation. It will probably eventually break higher, with a decisive move above the 1.3187 highs acting as confirmation, or possibly even 1.3195 for added safety. Then it should reach 1.3255 where the monthly and weekly pivots coincide. Obstacles below the pattern may impede downside, first at 1.3119 and then the consolidation zone between 1.3080 and 1.3110.



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 13 Dec 2012 remmi Forex Analysis 0 13-12-2012 11:55
Forex4you Technical Analysis 05 Dec 2012 remmi Forex Analysis 0 05-12-2012 12:00
Forex4you Technical Analysis 28 August 2012 remmi Forex Analysis 0 28-08-2012 10:38
Daily Technical Analysis Fri,January 27, 2012 fxpulsation Forex Analysis 0 27-01-2012 10:38
Daily Technical Analysis Thu,January 26, 2012 fxpulsation Forex Analysis 0 26-01-2012 12:47


All times are GMT. The time now is 10:33.


Powered by vBulletin® Version 3.8.10
Copyright ©2000 - 2019, vBulletin Solutions, Inc.