Seeking Alpha

LigaForex's  Instablog

LigaForex
Send Message
Social Trading - fun easy mobile at Liga Forex - a Revolution in Online Investing
My company:
Liga Forex
My blog:
LigaForex Blog - Revolution in Online Investing!
My book:
Forex eBook - Forex4you
  • EUR/USD: Down-Move Rotating Technical Analysis 17th April 2014 0 comments
    Apr 17, 2014 6:36 AM

    EUR/USD has recovered and started to move higher. It has broken above the key highs at 1.3833 and a resumption of the up-trend looks probable from here, although a move above 1.3851 would provide a clearer sign, and see an extension up to 1.3880, closing Monday's still-open gap in the process. The weekly chart still looks very bullish with that long engulfing candle last week, and the hold above the 2008 major trend-line. The short-term trend is less clear, but a move above 1.3851 would, I think, re-establish the up-trend as dominant short-term.

    (click to enlarge)

    Analysis by: Joaquin Montfort LigaForex Analyst

    EURUSD Analysis - 17th April 2014

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

StockTalks

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.