Jump to content

Forex4you Technical Analysis 02 March 2012

forex4you

By forex4you
in General Forex Discussions

 Share

Recommended Posts

forex4you Newbie

forex4you

Posted
Posted

EUR/USD: Technical Analysis

Seems like the "bearish" scenario commenced, like expected - the price declined, breached 1.3300/1.3290 level and fell further down to level 1.3250/60, where it still resides. Indicators are "bearish", which gives enough reasons to anticipate 1.3240/30 level - the uptrend (red) line to be tested anytime soon. However, strong 1.3200/1.3190 support on the way may hold a decline for quite a while. Growth above 1.3380 will cancel the trend.

EUR020312.gif

Analysis by: Arkady Nagiev

Forex4you analyst

Disclaimer:

Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Belajar Forex

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing


About us

Indo-Investasi.com, is since 2008, one of the prime online destinations for information and discussion about forex trading, and online investments.

Share your experiences, find tools and learning materials, seek help, and make friends. More About us.

Indo-Investasi Community

Important Pages

Financial Disclaimer: Trading FOREX on margin carries a high level of risk, and may not be suitable for everyone. Past performance is not a guarantee of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Please see our Terms & Conditions for more information.
×
×
  • Create New...