EUR/USD Forecast November 29, 2012,By FX Empire Analyst - Christopher Lewis

The EUR/USD pair fell most of the day on Wednesday as the “risk off” trade came back into play. Looking this chart, we actually have a decent sell signal at the beginning of the session, but you can see this is been completely reversed again. This was predicated upon the headline events, mainly talking points of the Speaker of the House and the President during the session. In other words, we are now in a situation where the U.S. Congress will have complete control of this currency pair. For the moment however, it does look like we’re going to try to go higher. A break of the day’s highs would technically be a buy signal, but we are more than likely going to ignore this pair for the next couple of sessions as the volatility should do nothing but increase. We are not at either one of the extremes of the consolidation area, so we don’t see any “Grade A” type of trades.

Credit : FX Empire Analyst - Christopher Lewis

Forex Commentary EURUSD , 29th November 2012

EURUSD – Euro/dollar pares early session losses to end today higher

The EURUSD fell lower early today on the back of the bearish fakey we discussed in yesterday’s commentary. However, price recouped all losses to end the day slightly higher, forming a bullish pin bar in the process. If the market can remain buoyant and break up above the near-term resistance around 1.3000, we could eventually see a re-test of the key resistance around 1.3150 area.

credit : Forex Trading Commentary by Nial Fuller 

EURUSD Forecast 29/11/2012 Daily

EURUSD 29/11/2012 D1 H4

แนวโน้มใหญ่ยังคงเป็นขาขึ้น  จากที่เคยได้บอกว่ากราฟอาจจะลงมาพักตัว เมื่อคืนกราฟได้เด้งขึ้นมาอาจจะหมดช่วงพักตัวแล้วก็ได้  ถ้าลงมาไม่ผ่าน low เมื่อวาน เป็นไปได้สูงว่าจะไปเทส Hi เดิม ของอาทิตย์ที่แล้ว

วันนี้ให้ Buy 70%