HighSky (HighSky)
Currencies  |  October 22, 2012 11:32:00

EURUSD has cut a half of Tuesday's rally

The main currency pair eurusd today looks like direction after returning half of the significant growth recorded during Tuesday's trading last week. End of the week and recorded rather short traders, when the couple returned from a total of just short-term overbought levels. Sentiment index still recorded more growth scenario.

eurusd, daily comment

Also, we still prefer other possible growth we saw last completed the formation of a triple zig-zagu. This formation is therefore already completed, only the last wave C would technically better look over the current high of 9.17, which is above the level of 1.31706. In the last week we have not had nearly double peak and could also be an already completed a formation with the last C in failure.Over the long-term trend reversal, we now consider fall below the lowest limit of the last zig-zag formation, ie below the price of 1.2803.

Josef Kvarda, Analyst

HighSky Brokers, Inc.

Was this article: 10 | 8 | 6 | 4 | 2 | 0

Last news from the section Currencies:

St 13:57  Dolar oslabí. Trump samotný za to ale nemůže Jan Berka (Roklen24.cz)
St   8:44  Vývoj na devizovém trhu – ranní zprávy 21.2.2018 Akcenta (AKCENTA CZ)
St   8:34  Středeční obchodní seance 21. 2. 2018 STOX.CZ (Grant Capital)
Út 22:00  Closing Bell & výhled na 21. 2. - co přinese zítřejší FOMC? Grant Capital (Grant Capital)

Zobrazit sloupec 
Moner | ISIN database | Weather forecast
Česká verze
Kurzy.cz - Akcie cz, kurzy měn, forex, zlato.
Favorite: Prague Stock Exchange Czech crown Czech economy Commodities Gold Trademarks Prague Weather

Copyright © 2000 - 2018

Kurzy.cz, spol. s r.o., AliaWeb, spol. s r.o.,

ISSN 1801-8688