DailyFX Forex Forum | FX Forum - View Single Post - Discuss EUR/USD News with a DailyFX Analyst

		DailyFX Forex Forum \| FX Forum
Sidebar Wrapper

Thread: Discuss EUR/USD News with a DailyFX Analyst

View Single Post

#4872 (permalink)

05-15-2008, 03:40 AM

jer25000

Member

Join Date: Feb 2008

Posts: 28

jer25000 is an unknown quantity at this point

technical analysis daily eurusd

EUR/USD possibly completing an intraday inverted head and shoulder bottom and focus is on 1.5569/94 resistance.

Break of which will suggest that a near term bottom is in place in EUR/USD and stronger rebound should then be seen.

Attached Images

Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.