1 January 2011 Euro/Dollar Analyze

Posted by admin | Posted in Fibonacci FX Signals | Posted on 03-01-2011

Tags: dolari kurs

First week in new year have start.

4 Hours Chart:

Already we have indicator for downtrend. MACD is crossing. But Alligator is not yet in position to go down, but it is preparing. CCI, RSI, Stoch show that things can go up before they move down. Bollinger Band is still active and i hope we go up instead of down.

Daily Chart:

On daily chart MACD and Alligator are already in position to move up and as i say last week, we are going to be bullish this week i really hope. Here is picture different, CCI, RSI, Stoch are in up position which means things can go down a bit.

Will this movements up and down be just corrections or real trendiness move i don’t know, but expect some heavy bounces up and down.