Showing posts with label (October. Show all posts
Showing posts with label (October. Show all posts

Sunday, October 28, 2012

Daily Trading Forecasts (October 17, 2012)

EURUSD : As concerns this bullish pair, any bearish correction could take the price to the support level of 1.3000. However, it is expected to be temporary. A continuation of the price towards the north would take it to the resistance level of 1.3100.



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Saturday, October 27, 2012

Daily Trading Forecasts (October 18, 2012)

EURUSD : The EURUSD went beyond the forecasted target of 1.3000 yesterday. The price is currently above that level, and would reach the resistance area at 1.3150, if the bullish pressure continues today.



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Friday, October 26, 2012

Daily Trading Forecasts (October 23, 2012)

as far as this pair is concerned. If the current correction holds out for the rest of the day and possibly it continues tomorrow, then the bullish outlook would be over. The RSI 14 period is now below the level 50.



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