Tag Archives: bullish cross
Eur/Usd Technical Analysis for 5th March 2009
Posted on05. Mar, 2009 by admin.
This pair appears to be consolidating towards the center line of the Bollinger Bands on all charts, indicating a lack of direction. However, the recent bullish cross on the daily chart’s Slow Stochastic signifies that a bullish correction may take place in the nearest future. Going long might be the right choice today.
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Eur/Usd Technical Analysis for 24th February 2009
Posted on24. Feb, 2009 by admin.
A bullish cross appears to be imminent on the 4-hour chart’s Slow Stochastic, signaling a bullish correction may take place shortly. However, a bearish cross may be forming on the hourly chart’s Slow Stochastic, indicating the opposite. Weekly momentum appears to be leveling which means the pair may lack direction at the moment. Waiting for [...]
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Eur/Usd Technical Analysis for 18th February 2009
Posted on18. Feb, 2009 by admin.
A bullish cross appears to have just taken place on the 4-hour chart’s Slow Stochastic, signaling an imminent bullish correction to the recent downward trend. The price also appears to be floating in the over-sold territory on the 4-hour chart’s RSI which also lends support to this notion. Going long with tight stops might be [...]
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Eur/Usd Technical Analysis for 5th February 2009
Posted on05. Feb, 2009 by admin.
There appears to be a bullish cross forming on the 4-hour chart’s Slow Stochastic, indicating an upward correction is expected in the near future. However, almost all other oscillators are stuck in neutral signaling that this pair may be less volatile than expected. Going long with tight stops might be the right strategy today.
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Eur/Usd Technical Analysis for 4th February 2009
Posted on04. Feb, 2009 by admin.
The price appears to be floating in the over-bought territory on the 4-hour chart’s RSI, indicating a downward correction may occur later today. However, the daily chart’s Slow Stochastic indicates a recent bullish cross, signaling a possible continuation of the upward movement. In the short-term traders however may expect a downward correction, but longer-term traders [...]
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Eur/Usd Technical Analysis for 15th January 2009
Posted on15. Jan, 2009 by admin.
The daily chart’s RSI signals that this pair is still being over-sold, which may help support the pair in an upward direction in the coming days. A bullish cross forming on the daily chart’s Slow Stochastic supports this notion. The price also appears to be floating near the lower border of the daily chart’s Bollinger [...]
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Eur/Usd Technical Analysis for 8th January 2009
Posted on08. Jan, 2009 by admin.
The daily charts show quite a wide range-trading with no specific direction. The Slow Stochastic of the 4-hour chart is showing a strong bearish momentum, and the RSI confirms that the direction is indeed down. On the hourly chart however, a bullish cross of the Slow Stochastic oscillator indicates an upcoming test of the 1.3800 [...]
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Eur/Usd Technical Analysis for 7th January 2009
Posted on07. Jan, 2009 by admin.
After bottoming out at the 1.3300 level, the pair is showing signs of a corrective move. A bullish cross on the daily chart’s Slow Stochastic implies that a local bearish corrective movement might be close to its end. The 4-hour chart and the hourlies do not show any particular signals and are currently floating around [...]
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Eur/Usd Technical Analysis
Posted on01. Dec, 2008 by admin.
After several failed attempts to breach the1.3000 resistance level on the 4 hour chart, the pair is now consolidating around 1.2680 price level. The hourly studies show mixed signals, and the daily charts support that notion as well. However, the 4 hour charts’ Slow Stochastic is showing a bullish cross suggesting that an upwards correction [...]
