Hello everybody.
April Forex Forecast EUR/USD, 2013.
Today we will discuss possible movement of EUR/USD. Screenshots from terminal shows us the third wave by Elliot. Also, we are seeing a divergence. All this indicators show us possible reversal for Eur/Usd.
After analyzing open positions of FOREX traders we found next ratio: Almost 50/50 traders opened position in both direction. The Murray Match indicator shows meridian in the neutral point. You can see green zero line near from price.
MACD indicator with Dimension of Divergence was showed between
February 25th, 2013 and March 27th, 2013.
EUR/USD in the time-frame: Daily.
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| Forex Forecast for April for Forex pair Euro to USD. Divergence and possible reversal. |
All moving averages now is above the price chart of Euro to Dollar. Probably will crossing in the zero green line by Murray and after that will reversal to up. All FOREX traders should be careful and not take EUR/USD orders right now. Only after crossing green line by Murray Match indicator, and after generated lower fractal located above the green line 1.3184
If it does not we will open short position on the FOREX by EUR/USD from 1.31 to down with targets 1.2600 - 1.2500. But it will after long term FOREX FLAT.
By Elliot we have not third wave right now, it is more like a correction before BIG TRAND.
More screenshots EURUSD for understanding:
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| 2013 EUR-USD Forex Forecast by technical analysis with used MA, Wave analysis and Murray Match indicators. |
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| H4 EUR/USD April 2013 monthly forecast. |
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| 2013 April EUR/USD hour timeframe . Monthly Forex Forecast |
Recommended Books For trading. Before purchasing I am recommend to read preview about thi book Active Control of Vibration. Technical analysis and waves on the financial markets:
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