Daily Charting — stay alert...price up against a strong TL on the Daily TF which is 23.6% Fib from the Nov 4th move down, a rejection here could send E/U back down, bulls must break this TL for further a movement up

EURUSD

when in doubt follow the technicals and "trade what you see", fundamentals may or may not do what you think they should, technicals always lead me to the promised land

EURUSD

330X area rejected price atm, a move below 3275 may trigger shorts to Fib targets(green arrows) then possible move long again if price remains above 3275 support may see 333X next...stay flexible

EURUSD

Good for you and congrats and much continued success in 2011 Yes! "trade what makes sense to and works for you"

EURUSD

December 17th 1 Hour chart

EURUSD

last time price was here on Dec. 17th it was rejected and fell, a 23.6% Fib retrace would be around 324X area, price needs get beyond 330X for further upward movement...lets see what happens

EURUSD

possible longer term view if bullish momentum continues...330X is next resis. area, an open and close above may send price to 336X area

EURUSD

327X has been broken and EUR strength remains strong atm, may hit 336X

EURUSD

will price fall from 3275 or open and close above, waiting to see...

EURUSD

3275 area?

EURUSD

if price remains below 3275 I am bearish and looking for retrace to 3214 area which is around 32.8% Fib of yesterdays move up, open and close above 3275 bulls have it, more fundamentals ahead in NY lets see if 327X area holds,

EURUSD

break of TL from previous post...

EURUSD

TL was broken, price hit 328X which is 23.6% Fib of move down on Nov 4th, will we see 3468 which is 38.2% Fib of move down from Nov 4th, or will upward momentum stall here? stand by for News...

EURUSD

your welcome...good trading

EURUSD

315X is about the 61.8% Fib retrace of todays move up, thats a good analysis if price can open and close below the 23.6% FIb around 3214, need to break this lower TL first

EURUSD

Price being rejected at this level for the moment, if resis holds may see bearish move down in London, there are fundamentals ahead in NY session, lets see what happens

EURUSD

a close below TL should mean a bearish rally if PA remains above bulls still in charge

EURUSD

I agree, not expecting to see much this session,

EURUSD

strong resis area, may see a break up or a fall back below, market has a decision to make at this level,

EURUSD

this is one of the most confusing aspects of trading for newbies, you may see a long on the 5TF while the 1Hour TF may be bearish, I think its critical to trade the TF of your choice and be able to have an over view of at least 3 consecutive TF,s

EURUSD