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
Forex Technical Analysis EUR/USD by IFC Markets
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="Akriti, post: 50818, member: 26149"] [B]Forex Technical Analysis EUR/USD 2013-08-22[/B] The currency pair rose above the previous key resistance at 1.3400 inducing traders to follow on the long side but then suddenly dropped sharply to create a “bull trap” pattern. That pattern increased weakness and drove prices down to 1.3313. Currently, oscillators are around extreme down levels with the Stochastic falling into oversold territory and OsMA fluctuating at previous troughs line. Thus, we consider bearish momentum power has faded with support at 1.3313 near SMA 100 likely to hold any attempt lower and we would expect prices to extend into 1.34/1.3313 area in the intraday. [IMG]http://www.ifcmarkets.com/uploads/images/tanalysis/84454d2a18b2c696f84a598cf61eb669fd81fd2e.png[/IMG] [/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…