Daily Technical Analysis for Monday, December 24, 2012 - by ForexPeoples.Com | use H4-TF chart
EURUSD
I see till now - This EU still look on probably to bearish. On this 4H TF - clear can be see, if the price candle also can break down to that pivot at 1.3151 = Yes, search again for sell is better. but, of course - I am not recommended to make Sell OP as long as the price still move above the 1.3151 = it's sideways (first).
GBPUSD
GBPUSD on still to be more bearish. I see for now - make plan to still search for sell (but with use SL max. on above the pivot 1.6196 is better idea.
USDJPY
This pair (till now) = still on probably more bulls but weak. Then - this bulls look more strong and good for make a new buy OP if then buyer here can break up to more that resistance line at price 84.61.
USDCHF
USDCHF on more bulls. I see - if then buyer on today move = also was break up to more that 38.2 fib (near the price 0.9176) = it's simple - it's good to make plan for new Buy OP here, with use SL max. on bellow the 23.6 fibo (SL for buy on bellow price 0.9141).
Regards.
EURUSD
I see till now - This EU still look on probably to bearish. On this 4H TF - clear can be see, if the price candle also can break down to that pivot at 1.3151 = Yes, search again for sell is better. but, of course - I am not recommended to make Sell OP as long as the price still move above the 1.3151 = it's sideways (first).
GBPUSD
GBPUSD on still to be more bearish. I see for now - make plan to still search for sell (but with use SL max. on above the pivot 1.6196 is better idea.
USDJPY
This pair (till now) = still on probably more bulls but weak. Then - this bulls look more strong and good for make a new buy OP if then buyer here can break up to more that resistance line at price 84.61.
USDCHF
USDCHF on more bulls. I see - if then buyer on today move = also was break up to more that 38.2 fib (near the price 0.9176) = it's simple - it's good to make plan for new Buy OP here, with use SL max. on bellow the 23.6 fibo (SL for buy on bellow price 0.9141).
Regards.