Keep a close look on these events :
- Italian Trade Balance: 16-04-’13 - 9:00.
- German ZEW Economic Sentiment: 16-04-’13 - 10:00.
- Inflation data: 16-04-’13 - 10:00.
- Mario Draghi speaks: 16-04-’13 - 14:00.
- G20 Meetings: 18 & 19 -04-’13
- German PPI: 19-04-’13 - 7:00.
- Current Account: 19-04-’13 - 9:00.
- IMF Meetings: 19 & 20-04-’13
EUR/USD Technical Analysis and EUR/USD Forecast
The EUR/USD started the week trading between the 1.2960 and 1.30 lines. It then climbed up steadily, finally meeting resistance at 1.3140 before moving back to close at 1.3111.
Technical lines from top to bottom:
1.3400 – Strong Resistance
1.3350 – weak Resistance
1.3290 – weak Resistance
1.3255 – Strong Resistance
1.3170 – Strong Resistance
1.3000 – Strong Support
1.2960 – Strong Support
1.2880 – weak Support
1.2805 – weak Support
1.2750 – Strong Support
We remain neutral on EUR/USD at least shot term. The economic indicators are not that good in the eurozone to remain a long term bullish pattern.
9 Comments
Forex forum is a great place to learn generally everything you need to know as a new. Forums are great because they give you the chance to mingle with like-minded people and learn strategies. The technique you learn will come from diverse Forex traders with different backgrounds, knowledge and experience levels. So these should give you a good foundation on Forex trading.
ReplyDeletehttp://aff.bestforexpartners.com/click.php?ctag=a3092-b1154-p
i like your post.really loveaval post and all information are very usefull .
ReplyDeleteEquity market tips
You actually make it seem so easy with your presentation but I find this topic to be really something which I think I would never understand. It seems too complex and very broad for me.
ReplyDeleteIts good to be here, very nice post, the content is amazing, keep posting friend it will be very helpful for everyone, Thanks for sharing. forex trading tips I really liked it.you can also read
ReplyDeleteyour post is good and full of information; commodity tipsI would like to thank you for sharing such a usable and wonderful information with us.
ReplyDeletevery impressive contents you provided and presents in a proper way Best Tips Company quite interesting points i found for trading.
ReplyDeleteThe visit was very useful for me. because i had got very important and attractive information about Forex Signals and your content is really very good.
ReplyDeleteThis is first time i visit your blog and i found interesting facts about forex and Epic Research says its good to do trade with accuirate tips and updates.
ReplyDeleteFXB Trading is regarded as the best ECN broker for CFD traders. It offers an easy STP/ECN trading environment. It also gives traders a direct access to live pricing, allowing them an edge so that are profitable in the CFD market.
ReplyDelete