Your Source for Daily FOREX Market News and Analysis
Sunday, 22 November 2009 GMT
FOREX ALERTS >>
eur technicals
Article
Euro Technical Outlook
Thursday, 04 June 2009 14:39:30 GMT
|
Previous Articles
Print
- Tuesday, 25 August 2009 15:14:26 GMT Euro Technical Outlook
- Monday, 24 August 2009 14:16:56 GMT Euro Technical Outlook
- Friday, 14 August 2009 14:55:09 GMT Euro Technical Outlook
- Thursday, 13 August 2009 14:34:30 GMT Euro Technical Outlook
- Wednesday, 12 August 2009 14:37:34 GMT Euro Technical Outlook
- Tuesday, 11 August 2009 14:07:14 GMT Euro Technical Outlook
- Monday, 10 August 2009 14:50:28 GMT Euro Technical Outlook
- Friday, 07 August 2009 14:27:12 GMT Euro Technical Outlook
- Thursday, 06 August 2009 14:13:07 GMT Euro Technical Outlook
- Wednesday, 05 August 2009 14:26:14 GMT Euro Technical Outlook
- Friday, 31 July 2009 15:00:33 GMT Euro Technical Outlook
- Thursday, 30 July 2009 14:12:53 GMT Euro Technical Outlook
- Wednesday, 29 July 2009 15:03:44 GMT Euro Technical Outlook
- Tuesday, 28 July 2009 14:24:10 GMT Euro Technical Outlook
- Monday, 27 July 2009 14:29:51 GMT Euro Technical Outlook
- Friday, 24 July 2009 15:41:36 GMT Euro Technical Outlook
- Thursday, 23 July 2009 13:49:45 GMT Euro Technical Outlook
- Wednesday, 22 July 2009 14:19:46 GMT Euro Technical Outlook
- Tuesday, 21 July 2009 14:19:18 GMT Euro Technical Outlook
- Monday, 20 July 2009 14:59:17 GMT Euro Technical Outlook
Euro / US Dollar
The EURUSD rally from 1.2886 has exceeded the level at which it would be equal to the 1.2454-1.3742 rally (1.4174), which puts 1.4723 at risk from a probabilistic standpoint. The alternate, in which a larger complex correction will end above 1.4723, does remain valid. Overbought and divergent daily RSI favors a top before 1.4723. Coming under 1.3792 would make it highly likely that a top is in place but if sufficient evidence arises that a top is in place prior to that point, then I’ll discuss as much here. Until then, it is best to wait for clarity.
Resources
