Eur/usd analysis for 04.24.2013 by using pivot indicator.
r3: 1.3172
r2: 1.3128
r1: 1.3061
pivot: 1.3017
s1: 1.2950
s2: 1.2906
s3: 1.2839
Eur/usd analysis for 04.24.2013 by using pivot indicator.
r3: 1.3172
r2: 1.3128
r1: 1.3061
pivot: 1.3017
s1: 1.2950
s2: 1.2906
s3: 1.2839
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
elliott flat correction down 1.3001 it should be subject to more sell off towards 1.3041 or 1.3027 corrective up ward swing should face resistances around 1.3100 areaabreak of 1.3124 is bullish
support and resistances
res2 1.3124
res1 1.3095
pivot 1.3055
sup1 1.3027
sup2 1.2987
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
EUR/UUSD just turned back to the Neckline to retest it. 1.3020.
Now it should go further down to 1.2950.
Here we should see another bounce to 1.2970.
Final target for the fall of eur/usd is 1.2840 for now. Strong supports are here located
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The main interest is when the pair come to the level previously,
became now the resistances, if the course will be able to be enhanced above it is possible
to talk about the resumption of the northern movement.
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EUR/USD INTRADAY: UNDER PRESSURE.
Pivot: 1.305
Most Likely Scenario: Short positions below 1.305 with targets @ 1.2965 & 1.2945 in extension.
Alternative scenario: Above 1.305 look for further upside with 1.3085 & 1.3115 as targets.
Comment: the pair has broken below its support and should face further weakness as the RSI is badly directed.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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