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Old Jun-17-2009, 02:44
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Default Technical Analysis for EUR/USD

Hallo!
Our company is always glad to introduce you our technical analysis for major curency pairs.
Here you can see the analysis for EUR/USD (As for the other charts and outlooks you can see them here:http://www.forexltd.co.uk/analytic/forecast)
The pre-planned break-out variant for buyers has been implemented and the achievement of anticipated targets is “supported” by considerable bullish activity rise, marked by OsMA trend indicator at the break-out of key resistance range levels. At the moment, considering rate position below Ichimoku cloud as bearish one as well as a sign of bullish development incompleteness we can assume rate rise to Senkou B line of Ichimoku cloud at 1,3960/80 levels where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of a shorter time interval. As for short-term sales on condition of the formation of topping signals the targets will be 1,3900/20, 1,3820/40, 1,3740/60 and (or) further break-out variant up to 1,3680/1,3700, 1,3600/20, 1,3500/40. The alternative for buyers will be above 1,4060 with the targets of 1,4100/20, 1,4160/80.
If you would like to subscribe for all the other free outlooks as well as paid outlooks concerning other financial tools, you could do it at our site http://forexltd.co.uk/.
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