Friday, December 16, 2011

EUR/USD December 16, 2011

The difference between the technical analyst and any other investor is that the technical analyst wouldn't surprise if the market moves contrary to his expectations, he knows how to act and what to do.


Here are a list of an indicators that expected the previous move of the EUR/USD.


1- 20 days simple moving average.
2- Stochastic Oscillator (9,5,3).
3- Positive DI & Negative DI.
4- Bollinger bands.


and here are the charts photos for the previous indicators behavior.










And here are a list of a leading indicators that should predict the next coming move of the EUR/USD.

1- MACD.
2- MACD Histogram.
3- Trix Indicator.


and here are the charts photos for the previous indicators








And here are a chart showing the next support level





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