Posts Tagged ‘Fibonacci’
Using Fibonacci for Intraday Forex
Keys to Forex,
From the United States we saw the Dow Jones end its eighth consecutive day of gains reaching 10,779 points, known after the favorable economic data, on the one hand the evolution of consumer prices (CPI) for February was more favorable expected. (more...)
Tags: Dow Jones, Euro Dollar, Fibonacci, Foreign Exchange, Forex, Pound, Swiss Franc, Trading
USDJPY – has been drilled with enough force bassist guideline
As seen in the weekly chart, the Dollar-Yen has been drilled with enough force main bassist guideline medium term was drawing after setting up from 124.15 in June 2007. Yesterday I went to a session high at 92.95.
Tags: carry trade, dollar, Fibonacci, USDJPY
USDJPY – has been drilled with enough force bassist guideline
As seen in the weekly chart, the Dollar-Yen has been drilled with enough force main bassist guideline medium term was drawing after setting up from 124.15 in June 2007. Yesterday I went to a session high at 92.95.
After this event we believe you have a clear potential to 95 and 100. Near this latter point passes 38.20% of all Fibonacci retracement downward momentum from the peak in the 124.15 to the minimum of 84.82 multiyear. Prior has another important resistance at 93.76. Many analysts point to the range of 100-110 in which it would put its fair value.
Tags: carry trade, dollar, Fibonacci, USDJPY