Sunday, March 7, 2010

Forex Signal (EUR/USD)

March 08 2010
Position of EUR / USD today is quite difficult to predict, because both the USA and Greece, a situation that is not profitable, USA unemployment data released yesterday showed that unemployment remained, which was previously predicted to fall, as well as with the Greek crisis had shown the direction improvements, but the statement of Prime France Nicolas Sarkozy expressed the readiness of the EURO in providing aid to the Greek economic crisis, may be raised today EURO for Resistance to the level-1 or even Resistance-2
PIVOT
R-4 1.3820
R-3 1.3757
R-2 1.3693
R-1 1.3657
1.3593 pivot
S-1 1.3557
S-2 1.3493
S-3 1.3457
S-4 1.3420
Because of this, I suggest to Open Position BUY and SELL at below position:
BUY@1.3631 SL@1.3600 TP 1@1.3683 TP2@1.3700
SELL@1.3683 SL@1.3720 TP1@1.3631 TP2@1.3621

Movement will be under 100 pips
Happy Trading!

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