-
EURUSD moves to the longer term trend line
The EURUSD is pushing up to and through the closing level from Friday and also toward the trend line from the weekly chart at the 1.3802. This trend line connects the highs from 2008 and 2011. At the end of December 2013, the price tested this line but moved back lower. In the current month, the price moved above this trend line and moved to another topside trend line connecting highs from February 2012 and January 2103. The inability to move above this target, led to some selling, which was helped by the sell off last week on the FOMC statement and Yellen comments. The price of the EURUSD is currently back up ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Mar 24, 2014 1:40pm Mar 24, 2014 1:40pm
- palinco
- | Membership Revoked | Joined May 2012 | 371 Comments
- Comment #2
- Quote
- Mar 24, 2014 1:45pm Mar 24, 2014 1:45pm
- Marsfx
- | Joined Apr 2013 | Status: Member | 519 Comments
- Comment #3
- Quote
- Mar 24, 2014 1:50pm Mar 24, 2014 1:50pm
- majus33
- | Joined Dec 2011 | Status: Member | 164 Comments
- Comment #4
- Quote
- Mar 24, 2014 1:58pm Mar 24, 2014 1:58pm
- ps3
- | Joined Mar 2014 | Status: Member | 40 Comments
- Comment #5
- Quote
- Mar 24, 2014 2:17pm Mar 24, 2014 2:17pm
- jhaye
- | Joined May 2009 | Status: Member | 72 Comments
- Comment #6
- Quote
- Mar 24, 2014 2:46pm Mar 24, 2014 2:46pm
- trader_forex
- | Joined Jan 2010 | Status: Member | 11 Comments
- Comment #7
- Quote
- Mar 24, 2014 5:07pm Mar 24, 2014 5:07pm
- PriceIsRight
- | Joined Feb 2014 | Status: Member | 99 Comments
- Comment #8
- Quote
- Mar 25, 2014 1:18am Mar 25, 2014 1:18am
- ocd
- | Joined Jan 2012 | Status: Member | 71 Comments
Everything easy was hard at first
- Comment #9
- Quote
- Mar 25, 2014 1:56am Mar 25, 2014 1:56am
- Guest
- | IP XX.XXX.140.238