empty
 
 
12.03.2014 12:21 PM
Technical analysis of EUR/USD for March 12, 2014
This image is no longer relevant

Overview:

  • The resistance is set at the level of 1.3960 and the double top was placed at 1.3914 on March 12, 2014. Consequently, the price of the EUR/USD pair is going to turn to bearish sentiment from the level of 1.3900-1.3960. Accordingly, it will a good sign to sell in this area with the first target of 1.3832 to test a minor support at this price which represent the weekly pivot point for March 10-14, 2014. Also, if the trend will be able to break the weekly pivot point, it will call for downtrend in order to continue its bearish movement towards 1.3760. At the same time, the stop loss should be placed above 1.3960 at the price of 1.3983. Equally important, it should also be noted that the support will set at the 1.3750 level today.
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback