EUR/USD Daily forecast technical analysis/ MBCFX/05/08/2013.
EUR/USD Daily forecast technical analysis/ MBCFX/05/08/2013
8 May
EUR/USD Daily forecast technical analysis/ MBCFX/05/08/2013
http://www.mbcfx.com/news/news_en08_05.html
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EUR/USD Technical Analysis: 04.25.2013/MBCFX
25 Apr
EUR/USD Daily technical analysis/ MBCFX/04/25/2013
http://www.mbcfx.com/news/news_en25_04.html
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EUR/USD daily forecast ahead of the G20 meeting/MBCFX/02/13/2013
13 Febhttp://www.mbcfx.com/news/news_en.html
The EUR/USD exit from the correction step that we have mentioned on Monday, and as we notice on the daily chart, now it is trading within an ascending channel, and the prices are going to form the second shoulder of the Head and Shoulders pattern.
Today we expect that the Euro will recover a little before the G20 finance ministers and central bankers meeting in Moscow this weekend, and this rise is confirmed by the Stochastic indicator which gives us an upward signals on the short term trading.
So we expect that the EUR/USD will rise to reach the 1.35-091.3530 area, which would represent good opportunities to sell, as we wait a decline of the prices towards the bottom levels of the ascending channel at the 1.3404 and 1.3345 levels, and if it breaches down this level, the next target would be towards the next support level of $1.33.
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What is the next target of the EUR/USD ahead of the European Central banks interest rate decisions for today
10 Jan
What is the next target of the EUR/USD ahead of the European Central banks interest rate decisions for today.
