Seeking Alpha

LigaForex's  Instablog

Send Message
Social Trading - fun easy mobile at Liga Forex - a Revolution in Online Investing
My company:
Liga Forex
My blog:
Forex4you Blog - Inside Forex Trading
My book:
Forex eBook - Forex4you
  • Forex4you Technical Analysis 06 March 2013 0 comments
    Mar 6, 2013 6:01 AM

    EUR/USD: 'pulling-back'

    EUR/USD pair is still recovering but less aggressively than it did yesterday. This morning's activity has been mixed and it is possible it will continue sideways. If we get a break above the key 1.3100 level then there is a chance of a rally up to the top of the channel at around 1.3140-50. The rebound is probably just a pull-back and the down-trend should resume eventually and probably reach the target from the head and shoulders top at 1.2900.

    Analysis by: Joaquin Monfort

    Forex4you analyst


    Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Back To LigaForex's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.