Updated the:
09/26/2012
EUR/USD : More than 1000 pips in two months, how many for the correction?

Sentiment :
sentiment sur la parité EUR/CHF
1.2950
sentiment sur la parité EUR/CHF
1.2925
sentiment sur la parité EUR/CHF

--- Follow upanalysis ---

The bearish short term trend continues on the pair EUR/USD. The price is still moving into its short term bearish channel in h1 (blue lines) and is currently testing the lower band. The breakout of 1.29 gave us this night a new sell signal.

We continue to advise short positions as far as 1.2925 is resistance. The breakout of 1.2850 will give a new sell signal and should allow the price to reach the support at 1.28.

In case of return above 1.2925, we will advise to wait the breakout of 1.2950 to trade long positions.

Traders with a more agressive strategy could trade the pair according to 1.2925 (long above and short below).
 
 

Analysis published by Vincent, the 09/26/2012 at 10h00 GMT+2

Full analysis



Chart of the pair EUR/USD - Timeframe 1H
EUR/USD Technical Analysis
 
Chart of the pair EUR/USD - Timeframe 1H
EUR/USD Technical Analysis
 
Chart of the pair EUR/USD - Timeframe 4H
EUR/USD Technical Analysis
 
Chart of the pair EUR/USD - Daily chart
EUR/USD Technical Analysis




 
 



EUR/USD Live Chart - Timeframe : 4h
Chart EUR/USD BID

 

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