EUR USD - Forex Exchange

EUR USD Forex Exchange for today Monday, November 26, 2012 by Monex, until the story is published possibility happen bullish towards 1.3020 - 1.3056, the EUR USD forecast to increase in the range of 36 pips, for those who want to get into trading EUR USD, It is seen on the refraction of Intraday for EUR USD currently is bullish. Since the outbreak of the resistance level at 1.2989 is likely to be followed by a bullish continuation towards 1.3020 - 1.3056 for today.

 

But need to watch out because if it is seen, that the estimates of the EUR USD this morning (26/11) also observed flat after Friday's close at 1.2973, slightly above the interbank level at 1.2958 low. Throughout last week's exchange rate rose 1.81%. The market awaits the outcome of Europe's scheduled meeting was held again today after a stalemate at the last meeting. The economic ministers will discuss the euro zone back further aid for Greece.

Technically, the currency exchange rate movements in the future is predicted to be below the critical level at $ 1.2800. Level of $ 1.2840 will be an important support level, "said Marc Chandler, head of global currency analyst BBH. "As for the level of resistance will be in the range of $ 1.3000-30. A weaker currency can potentially occur when the currency bergerakk back below $ 1.3100.
Nearest resistance levels at 1.2991 EUR (high level Friday), 1.3001 (March 15 low level), and 1.03021 (high levels of October 31). While the nearest support level at 1.2917 (Sept 20 low level), 1.2865 (Friday's low level), 1.2830 (level lower 10 Oct).

As an alternative scenario, it's good to pay attention to Fibonacci support area in the range 1.2938 - 1.2906 to seek confirmation signal / bullish pattern if a correction happens to that area. If anything, the rebound is expected to occur at least until kekisaran 1.2957 - 1.2989.
Instead, beware of the estimates of the EUR USD if the support at 1.2906 translucent because it would change the intraday bias to bearish and allow a deeper correction to kekisaran 1.2887 - 1.2855.
One thing to consider that the news for EUR USD Forex Excange of Forexfactory with large effects that today will be implemented Eurogroup meeting held in Brussels and attended by the President of the Eurogroup, the Minister of Finance of the member countries of the euro area, commissioner for economic and monetary affairs, and President of the Central Bank Europe. They discussed a variety of financial issues, such as the euro and financial support mechanisms the government. The meeting was closed to the press but officials usually talk with reporters throughout the day, and an official statement covering the meeting objectives can be released after the meeting has concluded;

For Why Traders
Care Eurogroup coordinate economic policies of 17 member states of the euro area, and their initiatives and decisions can have far-reaching effects on the health of the euro zone's economy; thus it is also necessary for us to consider in making decisions.

Thank you but I apologize, only things that are predictive for further decisions up to you, so please bear risk going alone, because if I'm wrong even when I took the decision to enter into EUR USD, losses will be my own responsibility. You know yourself that forex news on average confusing, so I suggest you do not decide to get into EUR USD forexExchange with one analyzer and one news source.