Advertise here for $19/week

EURUSD taking retracement

Mon, Feb 8 2010, 09:13 GMT
by Muhammad Zeeshan Ali

AMZ Capital | View company's profile

Vote:

7

0

EURUSD: (1.3710)

EURUSD is taking some retracement after taking a good dip below 1.3600 level and we might see EURUSD making another move towards 1.3600 during this week but before doing so, we might see EURUSD heading towards 1.3800 level to take its retracement. RSI is also on the lower side and is pushing EURUSD upwards so some retracement was due. Once EURUSD completes its retracement, we might see another sharp dip by EURUSD. Currently a good selling level can be seen just around 1.3800 level.

TRADE:

Sell EURUSD @ 1.3800 for Profit Level @ 1.3600 with Stop @ 1.3900 level.

DAILY TRADE ANALYSIS REPORT

Technical Daily Analysis | Fri, Sep 10 2010, 14:09 GMT
Technical Daily Analysis - $GBPUSD Short - by Scott Barkley - ProAct Traders

Forex Technical Report | Fri, Sep 10 2010, 13:36 GMT
Stocks Up ahead of Opening; Focus on Obama News Conference - by James Hyerczyk - ForexHound.com

Fri, Sep 10 2010, 13:26 GMT
Currency Majors Technical Perspective - by Valeria Bednarik - FXstreet.com Independent Analyst Team

Fri, Sep 10 2010, 11:58 GMT
FX Thoughts for the Day - by Kshitij Consultancy Services Team - Kshitij Consultancy Services

Today's Trading Signals | Fri, Sep 10 2010, 09:21 GMT
Strategy for today: Short USD/CHF - by Kim Cramer Larsson - Financial Trend Analysis

Technical Trading Strategies | Fri, Sep 10 2010, 08:26 GMT
Cable broke down through last week's low at 1.5327 - by Howard Friend - MIG Bank

Currency Crosses Pairs Analysis | Fri, Sep 10 2010, 08:24 GMT
EUR/GBP, USD/CAD, GBP/JPY Technicals - by César Leiceaga - www.deltastock.com

Fri, Sep 10 2010, 07:52 GMT
Technical Summary for Majors - by Slobodan Drvenica - Windsor Brokers Ltd

Fri, Sep 10 2010, 07:05 GMT
Daily Forex Technical Commentary - by Clive Lambert - FuturesTechs.com

Forex Analysis on Majors | Fri, Sep 10 2010, 06:49 GMT
Short-term Sideway in EUR/USD - by Igor Kulaga - Forex Ltd

Currency on the Day | Fri, Sep 10 2010, 06:27 GMT
EURUSD still testing support barrier - by Tomas Cedavicius - Investija.com

Daily Technical Analysis | Fri, Sep 10 2010, 06:22 GMT
EUR/JPY: All aspects of this chart suggest a short position - by Nicole Elliott - Mizuho Corporate Bank

Majors Support and Resistance Analysis | Fri, Sep 10 2010, 06:21 GMT
USDJPY Support & Resistance Analysis - by Pivotfarm Research Team - Pivotfarm

Fri, Sep 10 2010, 06:15 GMT
Currency Majors Technical Analysis - by Mataf.net

Technical Research | Fri, Sep 10 2010, 05:57 GMT
Comprehensive FX and Futures Daily Commentary - by FastBrokers Research Team - FastBrokersFX

Forex Technical Analysis | Fri, Sep 10 2010, 05:21 GMT
EUR/USD: (1.2668) Pair currently back below 1.2732 - by KBC Market Research Desk - KBC Bank

Technical Outlook for Majors | Fri, Sep 10 2010, 02:43 GMT
USDJPY: Neutral Trend - by 4XEagleEye Analysis Team - 4X EagleEye

Short Term Analysis | Fri, Sep 10 2010, 00:26 GMT
EURUSD trades in a narrow range above 1.2659 - by Franco Shao - ForexCycle.com

Chart of the Day | Thu, Sep 9 2010, 16:20 GMT
Chart of the Day – USD/CAD - by James Chen - FX Solutions

Forex Economic Analysis | Thu, Sep 9 2010, 09:04 GMT
Forex Technical Analysis on Majors - by Stoyan Mihaylov - www.deltastock.com

Daily FX Report | Thu, Sep 9 2010, 08:02 GMT
The GBP climbed to the highest level against the EUR - by Varengold Bank Research Team - Varengold Wertpapierhandelsbank AG