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EUR / USD

The euro gained against the greenback, is now stable and development side. Our charts show that for today’s session we consider the opening of a new long position if the price of this change were to break 1.4200 on the upside of the share, setting the first target for 1.4220 share and 1.4250 share for the second goal. If the price of this exchange ratio would fall below the break of 1.4160 share, we could open a short position with the first goal to aim at 1.4140 and 1.4120 seconds.
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Last day of the week and the market is too volatile after the resignation of Prime Minister Portuguese and the assurance of financial assistance to countries, the euro is back
over 1.42 yesterday. This morning, we will pay particular attention to the German IFO is expected to decline. The MACD is bearish 30 mins and consolidation while the MACD is still bearish 4h but close up cross. This means if a good or a bad number can strongly influence our euro this morning.
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EUR / USD

For the day today we might consider opening a new long position if the value of the exchange ratio would break the upward threshold of 1.4185, with 1.4190 as the first target share and 1.4220 share as a second goal. If the value of the exchange ratio of 1.4020 share should break downward, then we could open a short position, or for sale, with first and second objective lens 1.4000 1.3980.

EUR / GBP

For Today we open a new location in buying if the price were to break 0.8710 on the upside of the share, setting for our first target for 0.8730 share and our second goal on the threshold of 0.8750. If the price should start to go down to break the downward portion of 0.8650, then we could then open a position in sales by setting the first target for 0.8630 share and 0.8610 share for the second goal.
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In the last article we began to see how you can use in your trading, the MACD. Now, first of all, we can say we remember that the MACD works best during a reversal or trend from bullish to bearish or vice versa, or during periods when the market moves sideways, provided that the range of movement prices is not very close to the currency pair in question.

The signal probably the most common while using the MACD is bearish moving average crossover, which occurs when the value of the MACD moves below the ‘a 9-day EMA. This crossover indicates that the trend for the currency pair is still bearish, so it’s time to sell.
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All day yesterday, we expected the vote to Portuguese parliament of the new austerity plan that was ultimately rejected the same time leading the resignation of Prime Minister. It was not a surprise and the euro had anticipated that with the announcement accelerated the collapse of 4050, this morning. Our board this morning, 4050/40 is an important area of media and a shift in these points should lead us on 4020 and 3980. Nevertheless, we could have for now on this area and 4080 will be our first resistance increase before 4120.
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Another week of consolidation on the pound sterling and for now there is no need to change our strategy as we noted last week “The daily MACD is bearish for the moment that tells us that we will have hard to go back to- above 6330. Nevertheless, and as we stay in- above 5980, parity may consolidate in a range with the highest. ”

The disaster in Japan, had little effect on parity and we sailed between 5980 and 6250. The daily MACD is still bearish but the monthly MACD weeks and they are bullish that supports the pound sterling against the dollar.

Now the question is whether we can move 1.63/6330? This area of resistance is essential for release of our range and go to 1.65/66.
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The disaster of Japan has completely changed the market last week and we lived at the pace of new nuclear plants. The euro has nonetheless continued its march forward backed by the next rate hike euros in Europe.

We had to overcome resistance to our area for 4020/40 go higher and if the euro has stumbled several times over, we finally crossed the area this weekend Friday to go to 4180.

The daily MACD is bullish and normally, we should now return to the highs of March 11, 2010 to 4240/60.
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In the last article we discussed the MACD, we now see a quick summary of how to work with this indicator, which is considered one of the best to use technical analysis of currency market.

First, the main line of the MACD, sometimes also called the fast line of MACD is calculated by taking the difference between two exponential moving averages, EMA. Most of the time using the EMA at 12 and 26 periods.

The signal line of MACD, called as a trigger line is an EMA of the main line of the MACD. This uses the popularly 9 EMA.
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Develop a strategy for trading the foreign exchange market is something that requires much discipline. Forex is one of the largest financial market in terms of volume of transactions and, according to statistics, 90% of investors lose their money. To understand the prevalence of this market must be said that every day there are new investors entering the same. The important thing for success is to be able to develop their own trading strategy, giving heed to something already made. In this way you can improve the basic knowledge one has of the market. A strategy well-studied and applied in a strict manner can help you get some good profits.
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EUR / USD

For the day today with respect to this cross currency could consider opening a long position if the value were to break 1.4250 on the upside of the share, setting the first target for 1.4270 share and 1.4280 share for the second goal. If the exchange ratio would drop to break the downward the value of 1.4210, we could open a position in sales with the first target for 1.4200 share and 1.4180 share for the second goal.

EUR / GBP

For today’s session we open a position in which the purchase if the value of this exchange were to break 0.8745 on the upside of the share, setting the first target for 0.8760 share and 0.8780 share for the second goal. If, however, the value of the exchange ratio should break downward the value of 0.8710, we could open a short position by setting the first target for 0.8700 share and 0.8690 share of the second objective.
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