Tag Archives: bearish channel
Eur/Usd Technical Analysis for 5th January 2009
Posted on05. Jan, 2009 by admin.
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The Slow Stochastic and the RSI on the daily chart are showing a continuation of the current bearish momentum. There is also a very accurate bearish channel forming on the 4-hour chart as well. In addition, all indicators on the hourly chart are pointing down. Going short might be the right choice today.
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Eur/Usd Technical Analysis for 25th November 2008
Posted on25. Nov, 2008 by admin.
There is a very distinct bearish channel forming on the daily chart, as the pair now floats around the 1.2830 level. A bearish cross on the 4 hour chart’s Slow Stochastic suggests that a bearish move is quite imminent. Going short with tight stops might be the right choice today.
