EURUSD H4 Technical chart 16 Dec 2010

By admin on Dec 16, 2010 with Comments 0

VN:F [1.9.17_1161]
Rating: 0.0/10 (0 votes cast)

This time I’m analyzing technical chart of EURUSD on H4 time frame using Doda-Donchian and Ichimoku indicators.

EURUSD Doda-Donchian

 



As it is clearly seen in the chart, that price did not cross Kumo and faces strong resistance there, whether it is crossing above kumo or below kumo. That’s why we’re seen range-bound movement of EURUSD in last few days. This time it’s trying to cross below kumo. It’s downtrend will start if it CLOSES below kumo, which is it’s support 1 as on Dec 16 2010.



Do you like this post? Subscribe to our Free! newsletter to get updated. Just enter your email address


Incoming search terms:

You might also like:

Filed Under: Forex

Tags: • • • • • • • • • • • • • • • • • •

RSSComments (0)

Trackback URL

Leave a Reply




If you want a picture to show with your comment, go get a Gravatar.

  • About DodaCharts.com
  • Answers
  • Contact us
  • Sitemap
  • Bullion
  • Bursa Malaysia
  • Featured
  • Forex
  • Hong Kong
  • India
  • Indicators
  • Misc
  • Tutorials
  • UK
  • Uncategorized
  • USA
  • 2012
  • 2011
  • 2010
    • EURUSD technical chart
    EURUSD Technical Chart 10 Dec 2010
    EURUSD technical chart
    Technical analysis of EURUSD Weekly Chart
    More in Forex (64 of 73 articles)
    EURUSD technical chart