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13.01.2014 01:14 AM
Weekly technical levels for EUR/USD for January 13-17, 2014
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Trading recommendations and outlooks for today:В 

  • The weekly technical levels of the EUR/USD pair on January 13, 2014. Besides, the market was trapped between the level of 1.3600 and the 1.3725 level, consequently it expects:В 
  • First outlook: Buy (buy limit) above 1.3630 with the first target of 1.3690, it might resume to 1.3730.В 
  • Second outlook: Swing trade (sell limit) at 1.3750 in order to sell with a target of 1.3636 in order to test the weekly pivot point at the 1.3634 level.В 
  • Third outlook: Below 0.7910 (sell stop) look for further downside with 0.36 and 1.3573 targets.
Summary
Urgency
Analytic
Mourad El Keddani
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