http://eurusdtechnicalanalysis.com Forex blog about eur/usd technical analysis Sun, 06 Dec 2009 02:53:36 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 http://eurusdtechnicalanalysis.com/eurusd-technical-analysis-for-23th-march-2009/ http://eurusdtechnicalanalysis.com/eurusd-technical-analysis-for-23th-march-2009/#comments Mon, 23 Mar 2009 15:43:01 +0000 admin http://eurusdtechnicalanalysis.com/?p=121 After touching a base at 1.3724, the pair now is consolidating a bit higher near the 1.3680 level. All oscillators show that the bullish momentum will probably continue. The Slow Stochastic of the 4-hour chart is showing no crosses in the horizon, and the bullish momentum there appears to be intact as well. On the daily chart, this pair is still trending upwards and there are no imminent indications of a reversal. Therefore traders can maximize profits by entering steady long positions.

]]> http://eurusdtechnicalanalysis.com/eurusd-technical-analysis-for-23th-march-2009/feed/ 0 http://eurusdtechnicalanalysis.com/eurusd-technical-analysis-18-december-2008/ http://eurusdtechnicalanalysis.com/eurusd-technical-analysis-18-december-2008/#comments Thu, 18 Dec 2008 10:00:38 +0000 admin http://eurusdtechnicalanalysis.com/?p=48 The Daily chart is showing that the pair is still in the bullish configuration. However, the RSI is already floating in the overbought territory indicating that a bearish correction might take place in the nearest future. When the downwards breach occurs, going short with tight stops appears to be preferable strategy.

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