EUR/USD Analyse du 28.03.2012

[Amy Forex]

Hi all,

More EUR/USD gains are expected and the pair may face a strong resistance at 1.3434, its weekly Ichimoku cloud and i200-daily Moving Average. Traders can initiate a short position at this level, and the target is 50 pips minimum.

Good luck
Source mbcfx.com

 

[4xma]

2 questions:

When do you think EURUSD will reach 1.3434 which is 110 pips away from the current market?

If the market only offer 50 pips down from 1.3434, do you think it's worth the risk trading against the trend?

 

[tradeinthetropics]

Hi all,

More EUR/USD gains are expected and the pair may face a strong resistance at 1.3434, its weekly Ichimoku cloud and i200-daily Moving Average. Traders can initiate a short position at this level, and the target is 50 pips minimum.

Good luck
Source mbcfx.com

Sorry to sound silly but why do you expect it to go all the way to 1.3434 and not just to 1.3373??

 

[Amy Forex]

Hi traders,

As we see on the chart below (29.03.2012), the EUR/USD prices formed a divergence between the stochastic indicator and the downtrend, this is why the prices will reach the 1.3434 level.

Feel free to contact me for further questions