Forex Brokers

Technical Analysis
/
EUR/USD, Technicals Takin' it Up

EUR/USD, Technicals Takin' it Up

Social Sharing

12 March 2010 10:14 AM GMT

The EUR/USD's range bound daily chart is in a upswing, this upswing is likely to continue with help from two bad forecasts outnumbering the one good forecast for the Dollar today. The three technicals indicators above their centerline will object, they are lagging indicators though.

Zoomed in for a closer look to the three hour chart, the EUR/USD's desire for upward movement is clear in the price action and direction of the indicators.

8:30am est USD

Core Retail Sales m/m Forecast 0.1% Previous 0.6%

8:30am est USD

Retail Sales m/m Forecast -0.1% Previous 0.5%

9:55am est USD

Prelim UoM Consumer Sentiment Forecast 74.0 Previous 73.6

Currency Pairs

0 Comments

Registration is required to ensure the security of our users. Login via Facebook to share your comment with your friends, or register for DailyForex to post comments quickly and safely whenever you have something to say.

Log in with Facebook

You can use your Facebook account to sign into our site.

Login to DailyForex

Forgot your password?

Don't have a DailyForex Account?
Create an account now

Top Online Forex Brokers
1	FOREX	Review
2	FXCM	Review
3	FX Renew	Review
4	eToro USA	Review
5	Zecco	Review
Read More Forex Broker Reviews

Get The DailyForex Android App

FX BONUSES & PROMOTIONS

	$2,000 Bonus for New Traders
	Free Forex Trading Signals
	Deposit $100, Get $100 Bonus!
See All Bonuses

Live FX Rates

Symbol	Change	High	Low

EUR/USD	0.0073	1.2623	1.2562
AUD/USD	0.011	0.9879	0.9799
EUR/GBP	0.0027	0.8036	0.801
EUR/JPY	0.25	100.21	99.81
GBP/USD	0.0045	1.5716	1.5678
USD/CAD	-0.0055	1.0271	1.0238
USD/CHF	-0.0047	0.957	0.9532
USD/JPY	-0.29	79.73	79.35

Daily Forex Trader's Corner

Free Forex Trading Courses
DailyForex has teamed up with Online Trading Academy to provide you with 3 e-courses for FREE! Valued at $150, these courses focus on Technical Analysis, Trading Basics and Risk Management.

Stay updated with our

About Us

Most Visited Forex Brokers Review

forex services

forex tools

forex resources

Forex Resources

Daily forex reports

© DailyForex All Rights Reserved 2006-2011

Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.