EUR/USD - Euro Dollar, European Session - 27/03/08
1,5809. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H, daily (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,5900. The price should consolidate. If the resistance is broken then the target will be 1,6000.
- Resistances
- 1,5865 - 1,5925
- Supports
- 1,5750 - 1,5705
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03 27th, 2008 at 8:44
Thank you very much for your guide on the daily forex trade.Please with your best knowledge do kindly give when to trade in buying or selling and the number of pips.
I quite understand that everything is at our own risk.
I live in Nigeria and am a Nigerian.Thanks again for your guide so far,is interesting.
03 27th, 2008 at 8:46
Hello,please i will like to inform you that i trade in EUR/USD.
Thanks