Forecasts
Forex Guides
Members

EUR/USD Forecast 14 Nov 12

Good day forex traders.


Welcome to another forecast for the EUR/USD. Recently we noted mainly bearish sentiments for the currency pair in view of the fundamental situation. Economic releases did little if any uplifting of the situation.

20121114-234408.jpg

Looking at the EUR/USD 4 hourly chart above we note that the 1.27 line held as a support for now. With the fundamental situation pretty much the same for now, there is no reason to exclude the possibility of a retest of the support line.
There were strikes across the European Union today against austerity measures. Such actions will no doubt harm the already fragile economy and sentiments.

Trade safely.

Invest In Yourself And Get Premium Analysis
Less than 20 cents a day
Major Currency Pairs Analysis
Forex Sentiment Analysis
Understand The Market
10 days money back guarantee

View Subscription Options

Would you like to connect?
Get notifications on new forecasts and articles.

Sign up to our emailing list and get your FREE Stop Losing and Start Winning in Forex Checklist!

Trending Forex Articles

  • eur usd weekly forecastEUR/USD Forecast 14 Nov 12
  • Retail forex traders open positionsEUR/USD Forecast 14 Nov 12
  • EUR/USD Forecast 14 Nov 12
  • EUR/USD Forecast 14 Nov 12
  • 3 ways to lose in forexEUR/USD Forecast 14 Nov 12
  • EUR/USD Forecast 14 Nov 12
TheGeekKnows