Don't Fight Forces, Use Them.
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Morning technical analysis – 7 May 2013
EURUSD The euro is continuing to head south after bouncing off the 50 fib level last week. The break below the mid-bollinger band on the daily chart could be quite significant today, as it would go some way to confirming the bearish outlook for the pair. Just below here, around 1.3030, is the neckline of a double top that has formed over the last month or so. A break below here, based on the the size of the formation, should prompt a move back towards 1.28. This is just above the neckline of the head and shoulders formation on the weekly chart, which I’ve highlighted over the past couple of months. A break below ... (full story)
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- May 7, 2013 4:28am May 7, 2013 4:28am
- Timetraveler
- | Joined Jul 2012 | Status: Horos eimi tes Agoras | 521 Comments
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- May 7, 2013 4:36am May 7, 2013 4:36am
- Spreadbetter
- | Membership Revoked | Joined Feb 2012 | 3235 Comments
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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- May 7, 2013 4:41am May 7, 2013 4:41am
- balanced2012
- | Commercial Member | Joined May 2012 | 34 Comments
“Don't cry because it's over, smile because it happened.â€Â
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- May 7, 2013 4:50am May 7, 2013 4:50am
- Timetraveler
- | Joined Jul 2012 | Status: Horos eimi tes Agoras | 521 Comments
Don't Fight Forces, Use Them.
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- May 7, 2013 7:40am May 7, 2013 7:40am
- Spreadbetter
- | Membership Revoked | Joined Feb 2012 | 3235 Comments
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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- May 7, 2013 9:31am May 7, 2013 9:31am
- Timetraveler
- | Joined Jul 2012 | Status: Horos eimi tes Agoras | 521 Comments
Don't Fight Forces, Use Them.
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- May 7, 2013 9:39am May 7, 2013 9:39am
- Spreadbetter
- | Membership Revoked | Joined Feb 2012 | 3235 Comments
"The meek shall inherit the earth.." Yeah right, good luck with that shit..