Monday, February 13, 2012
EUR-USD Technical Analysis 13 February 2012
Never say never, indeed the EUR-USD is closed to reach the 1.3320 level as discussed in the previous "EUR-USD Technical Analysis". Based on the historical level, this could be the strongest support level for correction. Anything beyond that should be temporary. However that does not meant the price will be starting to go down very soon, based on the MACD and Stochastic indicators there is already sign of flags formations upward for this weeks and the coming week. Otherwise if the unexpected happens it could break higher.
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GBP-USD Technical Analysis (35) Technical Indicators (34) Daily Technical Analysis (27) Trade Results (19) AUD-USD Technical Analysis (15) USD-CAD Technical Analysis (12) EUR-JPY Technical Analysis (11) Fundamental Analysis (10) GBP-JPY Technical Analysis (10) Advance (8) Trading Strategy (8) Intermediate (7) The Unpredictable (7) Mindset Training (5) EUR-GBP Technical Analysis (4) Introduction To Forex (4) Market Analysis (4) Trend (4) Chart Patterns (3) GBP-USD Fundamental Analysis (2) USD-JPY Technical Analysis (2) Currency Correlation (1)
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MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9 Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Pe...
MACD Settings:- First EMA = 12 | Second EMA = 26 | Signal EMA = 9 Stochastic Settings:- Period = 5 | Average Period Fast = 7 | Average Perio...
Let's take a look at the historical chart of the major currencies traded in Forex over the course of 37 years period since 1978 until pr...