Weekly Market Analysis 15-19.10
Weekly Market Analysis 15-19.10
Techincals:
EUR: 1.2990/2 first major horizontal resistance followed by the last 2 weeks high 1.3071, and 1.3172 on the hourly chart. On the Daily chart, upside we find 1.3282 followed by 1.3383. On downside we have first support level coming in 1.2824, followed by 1.2803/2 on the hourly chart. Below this (D chart) we have the 1.2738/45 area where we find the 38.2% fibo ret (L 1.2040/ H 1.3172) and horizontal level from the high of 18.06.2012. Next support is the 1.2604/0 represented by the 50% fibo ret (L 1.2040/ H 1.3172) and the 1.2600 psychological level.
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Hello,
Our team created an analysis about what can happen in the next week with a review about the last weeks datas. We focused on combining both technicals and fundamentals datas into our analysis.
FOREX Weekly Review 08-12.10 | FX Banko
Hope you enjoy it!
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