EUR/USD Technical Outlook @ ForexAbode Analysis

   on December 03 2012 3:17 AM

Euro-US Dollar (EURUSD) Weekly Technical

EUR/USD Technical Outlook:

Please refer daily EUR/USD charts for the following.  

1) ADX: EUR/USD daily +DI remains above -DI line. The gap had narrowed down a bit but widened slightly again. ADX  is well below 25 but rising (approx. 18.50). EUR/USD Technical Outlook - 12) MACD: EUR/USD daily MACD line remains above the signal line but there is a loss of momentum. No bullish crossover.  The weekly MACD line remains over the signal line but the gap has narrowed down sharply, indicating some bearish sentiments on weekly chart. EUR/USD Outlook -23) EUR/USD Ichimoku Cloud: Tenkan-sen had moved over Kijun-sen. It was a weak bullish signal as it took place below the cloud but the price action had broken over the upper edge resistance of the cloud. The support has been coming at Tenkan line level. EUR/USD Technical-Analysis -3 Go to EUR/USD Weekly Outlook.Go to EUR/USD Fundamental Outlook.Go to EUR/USD Daily Analysis.Visit Forex Technical Analysis page.

 

EUR/USD Interest Rate DifferenceEuro interest rate 0.75%US Dollar interest rate0.25%Euro-Dollar interest rate comparision0.50% 

 

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