EURUSD Technical Analysis Tue, 18 Jun 2013

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Jun 182013
 
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4XEagleEye Chart

2013.06.18 [Forex1 | Euro vs US Dollar] EURUSD general trend is to the upside. Break below (1.3317) may trigger further fall of the EURUSD. Going above nearest support level at (1.3416), however, would confirm continuation of the bullish trend, towards next objective upwards (1.3479). Long positions are favored for today.

Market Snaphoot 1 Market Snapshots


Summary
Direction
Moving Avg. 		Indicators. Reversal Prob. Oscillator Candle Harmonic
1.3389 1.3416 1.3452 1.3479 1.3515
1.3334 1.3294 1.3265 1.3232 1.3200
Hourly Alerts
MACD Bearish Turning Point 3 hours ago EURUSD MACD signal line has crossed below the indicator`s histogram while both of them, MACD and histogram, been greater than Zero. This is a probable bearish short term turning point.
Up Trend 7 hours ago EURUSD is heading upward as long as it remains above (1.3317) any four hours close above (1.3389) will open the way for the instrument to test the next resistance level. Any four hours bare close below (1.3317) will change instrument`s direction. Traders should consider buying every depth with a stop loss at (1.3317).
Copyrights: FX Eagle Eye is a combined efforts for the JV between letsfx.com and 4XEagleEye.com

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