Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Technical Analysis
Technical analysis on EU,GU and majors
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="bhanu545, post: 29310, member: 7126"] [b]EUR/USD Intraday Technical Analysis 2012-06-12[/b] [IMG]http://forex-images.instaforex.com/userfiles/20120612/eurusd.png[/IMG] The spot rate is currently testing the lower limit of its medium term bullish channel at 1.2460 and seems to initiate a rebound. However, a break through these levels will release good potential and reach the lower limit of its medium term bearish channel to 1.2230. Technical indicators do not provide clear signals but until the support is not broken the assumption of a rebound is most likely. Bollinger bands have greatly tightened in recent days showing a decline in volatility and the imminence of a violent movement According to previous events the market will provide a bullish opportunity as soon as the spot rate has broken through its resistance of 1.2460 with the 1st objective at 1.2520 and then at 1.2540. A break through 1.2440 will invalidate this scenario. Performed by Albert Fitoussi, Analytical expert InstaForex Companies Group © 2007-2012 [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…