Analytics EUR/USD

PFGFX

Active Trader
Oct 30, 2009
32
0
42
Forecast for the pair EUR/USD for November 24, 2009.
This day, according to a technical analysis, is going to have a downtrend, but high impact news might change the mood of the day.
At 8.30 (GMT) high impact news fro Germany:
- PMI flash
- PMI services flash
At 9.00 (GMT) high impact news from Eurozone:
-PMI flash
-PMI services flash
 

PFGFX

Active Trader
Oct 30, 2009
32
0
42
From 11.00 (GMT) a descending movement keeps effecting:
On a 4-hourly chart according to a candlestick analysis is a self-dependent figure, but on a daily tendency downtrend and most likely only one candle from a 4-hour chart will be bullish.
At 13.30 (GMT) high impact news:
- GDP revised.
At 19.00 (GMT) high impact news:
- FOMC Meeting Minutes
 

PFGFX

Active Trader
Oct 30, 2009
32
0
42
The day according to a technical analysis has a descending price movement but:
if the pair break the 1.4992 (the resistance level) then it is most likely the price will ascend especially after breaking 1.5010
 

PFGFX

Active Trader
Oct 30, 2009
32
0
42
Pair broke the resistance level (at 1.4992)of the trend figure called a descending flag and ascending movement is expected
 

PFGFX

Active Trader
Oct 30, 2009
32
0
42
Today due to the thanksgiving holiday the market is expected to become narrow in America.
Beginners in trading should be more careful and fix their profit at the slightest retracement signal.
Day seems to have an uptrend with a high volatility.
Till 11.00 (GMT) no high impact news. But any even low impact news may change the market.
 

PFGFX

Active Trader
Oct 30, 2009
32
0
42
The week consists of two parts. Monday relates to a first part - it is the last day of the month, starting from Tuesday there is a second part - this is the first week of December. Two parts are not connected with one another. On Tuesday, December 1 2009 a new analysis is made for a week, for new month.
On Monday till 11.00 (GMT) is a descending price movement.
At 10.00 (GMT) some medium impact news: Harmonized CPI.
 

PFGFX

Active Trader
Oct 30, 2009
32
0
42
The day is expected to descending.
Till 11.00 ( GMT) some news, which might effect the price movement:
-8.55 (GMT) -PMI
10.00 (GMT) Unempoyment rate
 

PFGFX

Active Trader
Oct 30, 2009
32
0
42
Day is descending,
till 11.00 (GMT) possibility to protest the yesterday's max levela at 1,5115
At 9.00 (GMT) some medium impact news
-PPI
 

PFGFX

Active Trader
Oct 30, 2009
32
0
42
According to a technical analysis tha day is a descending one.
Till 11.00 (GMT) it is an uptrend.
At 10 (GMT) some high impact news is expected.
-Retail sales
Today at 12.45(GMT) and 13.45 (GMT) - press conference of ECB