EURUSD Daily Forecast: January 26

By IBTimes Staff Reporter | January 25 2010 10:14 PM

EURUSD Forecast:

Sponsorship Link

The EURUSD was indecisive yesterday, formed a Doji on daily chart. We have nothing significant technically so we need to be patient and do not rush jump into the market. The bias remains neutral in nearest term we are in no trading zone. I prefer to do nothing and wait for further development. However, as long as price stay below 1.4250, the bearish scenario should remains intact. Expected range at 1.4250 – 1.4000/30.

alt=

Eurozone Leaders Try to Tackle Tax Evasion

Eurozone Leaders Try to Tackle Tax Evasion

Radical AfD Political Party Could Disrupt German Elections

Radical AfD Political Party Could Disrupt German Elections

British Pound traded at 7-week lows aganst US-Dollar as U.K. retail sales slump

British Pound traded at 7-week lows aganst US-Dollar as U.K. retail sales slump

Yen down after Japan's worst April trade deficit

Yen down after Japan's worst April trade deficit

In Depth

Xbox One vs. PS4: A Full Specs Comparison

Xbox One vs. PS4: Comparing The Specs

New Government Report Calls Rana Plaza Garment Factory Collapse 'Culpable Homicide'

Bangladesh Gov't Calls Building Collapse 'Culpable Homicide'

Iraq: The Fundamentalists’ War Against Vice Targets Alcohol And Prostitution

In Iraq, The Fundamentalists’ War Against Vice Targets Alcohol And Prostitution

GMO Labeling Laws Move To Forefront In Battle Over Food Policy

GMO Labeling Laws Take Center Stage

web counter