With a build up on the gains of EUR/USD in the past week gains now underway, we look for EUR to convincingly break and hold above the 1.4648 level. Guest post by www.fxtechstrategy.com This will pave the way for further strength towards the 1.4681 level, its Dec 12’2010 followed by the 1.4800 level, its psycho level and possibly towards the 1.4902 level, its Dec 06’2009 high. Its daily RSI is bullish and pointing higher suggesting further strength. The risk to this analysis will be a return below the 1.4519 level, its key support. This will bring further declines towards the 1.4327 level and afterward the 1.4146 level, its April 18’2011 low. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Opinions share Read Next CitiFX Pro Expanding Rapidly in 2011 Yohay Elam 12 years With a build up on the gains of EUR/USD in the past week gains now underway, we look for EUR to convincingly break and hold above the 1.4648 level. Guest post by www.fxtechstrategy.com This will pave the way for further strength towards the 1.4681 level, its Dec 12'2010 followed by the 1.4800 level, its psycho level and possibly towards the 1.4902 level, its Dec 06'2009 high. Its daily RSI is bullish and pointing higher suggesting further strength. The risk to this analysis will be a return below the 1.4519 level, its key support. This will bring further declines towards the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
