Sequence of Analysis

1. Let the market stretch
2. Support / Resistance
3. Price Actions
4. MACD / Stochastic
5. Overbought / oversold - two long candle (hourly / 4H / Daily

Tuesday, March 19, 2013

EUR-USD Technical Analysis - 20 March 2013

EUR-USD
Technical.Indicators4 HourlyDailyWeeklyMonthly
MACDDownDownDownUp
Full StochasticDownDownDownUp
Bollinger BandsBottomBottom BottomMiddle
Chart FormationDown TrendHead/ShoulderHead/Shoulder4 Flags Down
Market DirectionDownDownDownDown
Market/CommentsShort and Intermediate term is all down. The movement is heading to the middle moving average of the bollinger band for monthly time frame. The overall perspective is major bearish.



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