Melbourne Qindex 01:22 GMT January 4, 2013 - My Profile
EUR/USD : Current Comments : Reply
Sell EURUSD
Entry: Target: Stop:
EUR/USD : Current Comments
The market is going to tackle the weekly cycle normal lower limits which are positioning at 1.2907 - 1.2989 - 1.2992. The weekly cycle projected series is as follow :
--- 1.2989 - 1.3040* - 1.3092 - 1.3117 // 1.3143* - 1.3168 - 1.3194 - 1.3220 - 1.3245* - 1.3271 - [1.3297] - 1.3322 - 1.3348* - 1.3373 - 1.3399 - 1.3425 - 1.3450* // 1.3476 - 1.3502 - 1.3553* - 1.3604 ---
Today is Friday and it is also the end of the weekly cycle. The New York closing is always taken as the reference point.
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EUR/USD : Monthly Cycle Charts
http://www.qindex.com/euro.html