Forex Signals |
Today the world market continues to shrink as investors are now concerned with problems in Europe back. Investors may be worried about whether or not the Spanish AAU ask for a bailout to ease the turn oil fiksal. Investors also began to be alert to the slowdown in global growth that will encourage central banks take action. While mediated curency seems some major currencies still stuck Wealth correction as investors began to worry the problem dieropa, after the results of the 10-year Spanish bonds, are sideway the range of 6%. Euro back wedged diarea 1.3015 after yesterday had dropped to as low as 1.2990 and the euro will likely day back at Bawal eroded 1.3000 level again.
The technical indicators seem stochastic euro bearish pressure so that the conditions will make the euro an opportunity to continue the correction again. And for the level of resistance level correction. Level prisoner support is located at 1.2960 then 1.3010 continued to not rule through to the 1.2930 level.
While the indicator moving averages and MACD indicators that still seems quite bullish on the daily tenor still allowing the euro to rally but limited to the 1.3040 level and then the 1.3070 level to the 1.3100 level. And for GAP tomorrow Monday (24/09/20120) market is estimated EURO / USD is still going towards the lowest point in the last month. Because I think the most important thing is to look at chart patterns with respect to the past history.
Moment could happen again in the span of a few months / years back will occur starting tomorrow Monday. Be prepared to take a position Sell. The process of price reduction will occur quite sharply in recent days to reach up to 600-800 pips. Pay attention to some special pattern is rare. Breakout sell will take place in the EU since the early days and have not been to for at GU.
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