Monday, December 19, 2011

EURUSD Technical chart | 19-Dec-2011

 Below is the technical chart of EURUSD using Doda-Donchian and Doda-Bollinger Bands indicator..

EURUSD Technical chart
EURUSD Technical chart


The price is still trading below all the indicators - Doda-Donchian, Doda-Bollinger Bands, Kumo of Ichimoku etc., which clearly shows weakness in chart. Some small pull back is possible, but use that opportunity to further add your shorts. Avoid any long signal, if any. Buy signal is far away from here. Near term target is 1.29504

No comments:

Post a Comment

Doda-Donchian ver 2.0 Released

 Based on the feedback and some pending features, I'm releasing Doda-Donchian version 2.0 today. Showing sample chart of EURUSD on ti...