Euro/Dollar: Though the pair is hesitating, it continues to hold above the 1.4519 level and trade within its rising channel. This suggests that further upside gains are likely to be seen towards the 1.4681 level, its Dec 12’2010 followed by the 1.4800 level and then the 1.4902 level, its Dec 06’2009 high. Guest post by www.fxtechstrategy.com Its daily RSI is bullish and pointing higher supporting this view. The risk to this analysis will be a return below the 1.4519 level. This will bring further declines towards the 1.4327 level and subsequently the 1.4146 level, its April 18’2011 low. All in all, with the pair resuming its long term uptrend, the risk remains for further gains to occur. 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 Forex Weekly Outlook -April 25-29 Anat Dror 12 years Euro/Dollar: Though the pair is hesitating, it continues to hold above the 1.4519 level and trade within its rising channel. This suggests that further upside gains are likely to be seen towards the 1.4681 level, its Dec 12'2010 followed by the 1.4800 level and then the 1.4902 level, its Dec 06'2009 high. Guest post by www.fxtechstrategy.com Its daily RSI is bullish and pointing higher supporting this view. The risk to this analysis will be a return below the 1.4519 level. This will bring further declines towards the 1.4327 level and subsequently the 1.4146 level, its April 18'2011 low. All in… 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.
