http://www.earnforex.com/blog/2009/10/eurusd-at-max-level-since-august-2008/ My Forex experience and some Forex related information that might be useful to other traders Sat, 11 Feb 2012 18:14:50 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.earnforex.com/blog/2009/10/eurusd-at-max-level-since-august-2008/comment-page-1/#comment-154469 Andrei Thu, 15 Oct 2009 07:02:48 +0000 http://www.earnforex.com/blog/?p=1775#comment-154469 You know, the EUR/USD is now at a resistance level (weekly chart) and is very overbought (stochastic oscillator on weekly chart) but currently there are no fundamental ground for EUR/USD to go down and the sentimental background suggests further growth of EUR/USD. That's for medium-term. Of course, there is possibility of a short-term (1-2 days) correction here. You know, the EUR/USD is now at a resistance level (weekly chart) and is very overbought (stochastic oscillator on weekly chart) but currently there are no fundamental ground for EUR/USD to go down and the sentimental background suggests further growth of EUR/USD. That’s for medium-term. Of course, there is possibility of a short-term (1-2 days) correction here.

]]> http://www.earnforex.com/blog/2009/10/eurusd-at-max-level-since-august-2008/comment-page-1/#comment-154455 Atosark Thu, 15 Oct 2009 01:37:56 +0000 http://www.earnforex.com/blog/?p=1775#comment-154455 I wonder if it's a good time to go for a downtrend... I wonder if it’s a good time to go for a downtrend…

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