Author Topic: FNIB.co Daily Technical Analysis March 21 EURUSD  (Read 1608 times)

Offline gregscript

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FNIB.co Daily Technical Analysis March 21 EURUSD
« on: March 21, 2013, 10:19:32 AM »
The EURUSD was corrected higher yesterday topped at 1.2977. The bias is neutral in nearest term probably with a little bullish bias testing 1.3000 but I expect the bullish momentum is to be short lived. Price is still moving inside the bearish channel but there is room for another bullish pullback testing 1.3100 and the upper line of the bearish channel especially if price able to move consistently above 1.3000 today. Immediate support is seen around 1.2925. A clear break below that area could trigger further bearish pressure testing 1.2875/40 region. As long as stays inside the bearish channel and below 1.3100/20 I still prefer to sell on rallies.

« Last Edit: January 01, 1970, 01:00:00 AM by Guest »

Offline boitecom

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Re: FNIB.co Daily Technical Analysis March 21 EURUSD
« Reply #1 on: April 02, 2013, 06:38:16 PM »
Quote from: "SocratesX"
Analysis is the key to success in forex market. Fundamental analysis, technical analysis and sentimental analysis all are needed to make profit in forex market. Only any single analysis within three cant confirm a profitable trade. I gues this is the reason why we all need to depend on other sources of forex trading info.
Hello my friend
Yes, the analysis is the key to success in the forex market. The fundamental analysis, technical analysis and sentimental analysis are all needed to make a profit on the Forex market but Remember that you must learn the best techniques of analysis
« Last Edit: January 01, 1970, 01:00:00 AM by Guest »
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