EURUSD Analysis for week of 5-8-11.mp4
565 views · Published 7 May 2011 · 4:19 · Indexed 29 September 2026
Channel: ChaosTrader63 · 2011 · Education
Here I give my analysis of the EURUSD for the upcoming week. The market was affected by the ECB anouncement by Jean Clead Trichet that there could be postponed rate hikes beyond june. Getting back to technical analysis I look at support and resistance lines along with fibonacci retracement to give me an idea what could be in store for the upcoming week. Before deciding whether or not to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose. Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. I am not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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