EURUSD
EURUSD - Sell signal etablished
By Viewll - Posted on September 23rd, 2009
Good morning!
Today we got a fresh sell signal on EURUSD (lower highs and lows on hourly chart). This should support a weak performance on both commodities and equities upcoming days.
As mentioned on the recent post, we are still short equity trough SDS and short plays on commodity stocks such as AA & MOS.
Our target on the downside for EURUSD is 1,475 and 1,4700.
Best regards,
Viewll
EURUSD2309.JPG
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EURUSD fib resistance
By Z - Posted on March 4th, 2008
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The technical target following the break of this multi-week bull flag is somewhere around $1.55 though some nice fib resistance can be found right at the current levels. This could turn the pair down for a re-test of the upper limit of the recent trading range ($1.49/1.50) that would be about 61.8% retrace of the recent run up.
