[原创]EUR/USD Analysis on Monday April 15,2012
Fundanmental
After going down sharply, EUR/USD moved stably in early Asia
Session.
In London Session, the European Trade Balance n.s.a. (Feb) will
be released.
With the weak privious of -7.6B, even if the data is stronger
than the previous number but below zero,
the EUR/USD will continue to decline.
In New York time, the retail sales(Mar) in US will be released.
Although the Non-farm Employee change is about half less than the
previous data,
monthly expanding manufacture and declining employment rate can
support the market confidence of American economy.
While entering the Tokyo time, EUR/USD goes down and reaches
about 1.2998.
Tomorrow more important datas, including UK CPI(MAR), EU CPI(MAR)
and GER ZEW(APR), will be released.
Technical
Daily Charts
Trend: go down after fluctuating in narrow range
The price is decreasing while fluctuating along the Red Bearish
Channel.
In the day chart, please focus on the Bold Blue Horizontal Lines,
which are the important support level.
Today in Asia Session, the price has already broken the lowest
price of last week and reached just above the lowest price of last
month
The trend is toward the downside of Red Bearish Channel, the
support level is 1.2898.
4 Hours Charts
Trend: go down while fluctuating
In the last trading 24 hours, the price fell dramatically from the
1.3212, which is around the Fibonacci 50% retracement, to the
1.3000 level.
The downside of Green Bullish Channel has been broken, and so has
been done the Purple Trend line.
The selling is siginificantly strong, and the price destinates to
1.2898.
Resistance Level: 1.3049 1.3082 1.3119 1.3156
Support Level: 1.3022 1.2998 1.2954-59 1.2898 1.2857
Trend Range: from 1.2784 to 1.3156
Trading Suggestion:
Keep short positons which opened above 1.3299
Horizontal Line legend
Retacement:
Bold Firebrick: Level 1 Fibonacci retraceable target
Bold Tomato: Level 2 Fibonacci retraceable target
Tomato: Level 3 Fibonacci retraceable target
Bold Green: Level 4 Fibonacci retraceable target
Green: Level 5 Fibonacci retraceable target
DarkSlateGray: Level 6 Fibonacci retraceable target
DarkGoldenrod£: Level 7 Fibonacci retraceable target
Expansion
Bold LightSeaGreen: Level I Fibonacci expansible target
Bold Purple: Level II Fibonacci expansible target
Purple: Level III Fibonacci expansible target
Blue: Level IV Fibonacci expansible target
Navy: Level V Fibonacci expansible target
Pink: other important target20120415-EU-d.jpg20120415-EU-4.jpg
发表于:2012-04-16 01:47只看该作者
2楼
雪狼來了,變了外國人。
3楼
I am still Chinese in foreign country.
有容乃大,无欲则刚。
理性与人性的博弈。
发表于:2012-04-16 01:57只看该作者
4楼
韬客社区www.talkfx.co
发表于:2012-04-16 02:02只看该作者
5楼
THANKS!!!!!
韬客社区www.talkfx.co
6楼
Yes, I have immigrant to Canada.
Now, I am in Toronto.
有容乃大,无欲则刚。
理性与人性的博弈。
发表于:2012-04-16 02:13只看该作者
7楼
看不懂豆芽,现在短线多个欧
重仓小损!!!!!!!!!
发表于:2012-04-16 02:21只看该作者
8楼