Sunday, December 15, 2013

Eur/Usd Analysis ( Dt. 16th December 2013 )

Eur/Usd Divergence on 1 hour chart ... plan a 10 pips stoploss sell  trade at 1.3757 with 100-150 pips target.(will move stoploss breakeven when its 7-8 pips green.)

chief market analyst at Commonwealth Foreign Exchange in Washington. Esiner cited Thursday's strong U.S. retail sales number and this week's budget agreement in Washington, which removed the risk of another showdown over government spending early next year. "The budget deal greatly reduced the fiscal headwinds cited by Fed officials in the past as a hurdle to the removal of monetary accommodation,"

UPDATE


Move stoploss to entry ... as move is just as we predicted 

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