EUR/ USD Daily Technical Analysis June 29, 2012

Results 1 to 2 of 2

Thread: EUR/ USD Daily Technical Analysis June 29, 2012

  1. #1
    Member
    Join Date
    May 2012
    Posts
    50
    Thanked: 0

    Default EUR/ USD Daily Technical Analysis June 29, 2012

    EUR/ USD Daily Technical Analysis June 29, 2012
    Dear traders,

    The EUR/USD was unstable yesterday and was trading between the 1.2407 and the 1.2627 level, this reflects the worry of the investors due to the uncertainty of the market, and because they wait the latest news concerning the European summit in Brussels.

    This uncertainty in the market will affect the short term trading, however we still expecting that the general trend of the market would remain bearish and the prices should complete the Double Bottom form on the daily chart.

    Should the prices breach down the 1.2540 level, the prices would retreat again to the 1.2470 level, then towards the 1.2407 level.

    Concerning the short term trading, we advice our traders to be careful because any positive decisions from the European leaders will push the Euro up towards the 1.2627-1.2670 area.



    Nice trading all
    Source http://www.mbcfx.com/news/news_en29_06.html

  2. #2
    Moderator hunter's Avatar
    Join Date
    Jun 2012
    Location
    My lovely Pakistan
    Posts
    205
    Thanked: 0

    Default

    in ro ham eslah kon:
    very nice post

Similar Threads

  1. EUR/ USD Daily Technical Analysis June 28, 2012
    By Emmafx in forum Daily Market Analysis
    Replies: 0
    Last Post: 06-28-2012, 09:13 AM
  2. EUR/ USD Daily Technical Analysis June 19, 2012
    By Emmafx in forum Daily Market Analysis
    Replies: 0
    Last Post: 06-19-2012, 08:56 AM
  3. EUR/ USD Daily Technical Analysis 04 June 2012
    By Emmafx in forum Daily Market Analysis
    Replies: 0
    Last Post: 06-04-2012, 08:01 AM
  4. EUR/ USD Daily Technical Analysis 04 June 2012
    By Emmafx in forum Daily Market News
    Replies: 0
    Last Post: 06-04-2012, 07:58 AM
  5. EUR/ USD Daily Technical Analysis 01 June 2012
    By Emmafx in forum Daily Market News
    Replies: 0
    Last Post: 06-01-2012, 08:26 AM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Join us