update-
http://i55.tinypic.com/x0xve1.gif
this pair falling continiue....i will be change its direction near to 50.0 line level price.
Printable View
update-
http://i55.tinypic.com/x0xve1.gif
this pair falling continiue....i will be change its direction near to 50.0 line level price.
The pair is in downtrend and has a stronger downward movement so perhaps for the next week, the pair will touch 1.4260. If price able to break 1.4455, we'd see up movement targeting 1.4550 (still in H4 downtrend line) so downmovement is expected from this level unless it breaks, we'd see up movement targeting 1.4690 again.
I think still its hard to predict the next week movement but if we see from few days then its going downtrend and its true it may go down 1.4260. i think monday it will be clear downtrend go on or new picture will be seen in new week.
the pair rebounded Up after touched the strong support level on 4H TF. @ 1.4322,
Now:
Up movements expected Till 1.4452 then Strong falling down .
Good Luck
we got a pull back after the price reach yesterday top and still trying to heading north with less momentum......in my view this pair need some correction move to 14300 region then soon it will rise back up to 14500 - 14600 area
ye daily chart pe resistance ko break kiya hai aaj, ab dekana ye hai ki ye close kahan karega aaj, kya 1.4344 ke upar yaa niche.
i also think taht eu will up for some wile bcz in h4,h1 chart it breaks resistence line and also n d1 chart isupward moving graph. so take long @1.4370 for 30 pips targeting. hope it will touch 1.4400 zone without destroying me.
EUR/USD ----> TF H1
Time: 22.06.11 04:53 GMT
Name Value Action
RSI(14) 53.334 Neutral
STOCH(9,6) 29.693 Sell
STOCHRSI(14) 23.253 Oversold
MACD(12,26) 0.0012 Buy
ADX(14) 28.864 Buy
Williams %R -65.517 Sell
Name Value Action
CCI(14) -70.1095 Sell
ATR(14) 0.0026 Less Volatility
Highs/Lows(14) 0 Neutral
Ultimate Oscillator 52.879 Buy
ROC 0.028 Buy
Bull/Bear Power(13) -0.0015 Sell
Buy: 4
Sell: 4
Neutral: 3
Indicators Summary: Neutral
I hope my analysis can help you. thanks