EURUSD 4H (27.07.2014) Technical Analysis Training

FX:EURUSD   Euro / U.S. Dollar
272 2 3
EURUSD             4H Diagram Technical Analysis shows the following:

The EURUSD             has made a short term decline under the resistance red line we have designed on previous post with consolidation on 1.618 of fib @ 1.351. The daily diagram is absolute bearish .
MACD is forcing bearish again under the zero line and RSI is oversold.

We have no special candlestick pattern. The price is under the KUMO, the Kijun Sen (blue line) and the Tenkan Sen (green line) too.

There is no special pattern. The fib from 1.36919 to 1.35811 shows a 2.618 level of next target @ 1.34.

Short for 1.34 and wait for some consolidations toward to KUMO there. Stop loss above resistance line.
Excellent Work
Bullish Divergence on MACD. 200 Weeks SMA.. Im not sure but I would not expect too much downwards pressure.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out