EUR/USD - Technical Analysis

08 February 2010 @ 02:26 pm EDT

EUR/USD

_ Main trend: decline

_ Short-term trend: decline

R5: 1.50 psychological, top

R4: 1.48 top, bottom

R3: 1.46 consolidation, bottom, top

R2: 1.4363 Fibonacci level, top, consolidation

R1: 1.400 psychological. Fibonacci level, consolidation

S1: 1.3722 Fibonacci level, top

S2: 1.3436 Fibonacci level

_ Dollar is testing 1.3722 level.

_ MACD is in declining trend below zero level. It is deeply oversold.

_ Both ROCs are in declining trend and both are below zero level. Both are oversold.

_ RSI is at oversold level.

_ 1.3722 level may trigger correction, because of deeply oversold conditions (from euro perspective).

For more reports go to Erste Group Bank AG

E-Newsletters

We value your privacy. Your email address will not be shared.

Home
World
US
Economy
Companies
Tech
Science
Global Markets
Education
Real Estate
Forex
Commodities
Gold & Silver Matters
More Sections
Fashion
Auto
Travel
Health
Law
Entertainment
Sports
Luxury
Art
Books
Tech & Trend
Tools & Features
Topics
Blogs
Market Data
Stock Watch List
Investment Calculator
Financial Glossary
Broker Center
World Business Headlines
Updates
RSS Feeds
IBTimes on Twitter
IBTimes on Facebook
E-Newsletters
Services
Forex Newsfeed
Research
Press Release
About IBTimes
News Licensing
Media Kit
Advertise with Us
About IBTimes
Contact Us
Terms of Service
Privacy Policy