EUR/USD Forecast December 11, 2012, Technical Analysis

The EUR/USD pair had a decent day on Monday, as we bounced back above the 1.29 handle. It now appears that the 1.29 area will offer significant support going forward, and as such we may have a tightening of the range in this currency market. Right now, we would have to say that the Euro looks favored at the moment, and with the FMOC meeting over the next couple of days, we could see softness in the US dollar in general. If there’s any talk of further quantitative easing, we could get a bit of a rally in this marketplace. As for selling, we need to see a sustained daily candle below the 1.2880 level in order to be convinced that we are moving back down to the 1.27 level.

Credit : FX Empire Analyst - Christopher Lewis

EURUSD Forecast 11/12/2012 Daily

EURUSD 11/12/2012 H4

คาดการณ์ว่าอาจจะขึ้นไปก่อนนิดนึงจากนั้นค่อยลงมาทดสอบ low เดิม ถ้าไม่ผ่าน จะขึ้นไปทดสอบ Hi ที่ทำไว้ก่อนลงมาทดสอบ low  ถ้าผ่าน low เดิมไปได้ ทิศทางจะเป็นขาลงมีสูง