Technical Analysis: Currency Majors Technical Perspective

[Carlos]

Welcome to your favorite news channel. This is just in

EUR/USD Current price: 1.3471 View Live Chart for the EUR/USD Despite positive, US data has not been enough to feed risk appetite, and the dollar is slowly advancing against high yields, with stocks losing ground in Europe and in the US. The hourly chart, shows price approaching the base of the short term triangle while price test 20 SMA and indicators turn south still above their midlines. Bearish pressure may increase if price extends its slide below 1.3440 static support zone. Support http://feeds.feedburner.com/~ff/technical/analysis-reports?d=yIl2AUoC8zA (http://feeds.fxstreet.com/~ff/technical/analysis-reports?a=JfF8HGMqJYQ:z31OvLVTVpw:yIl2AUoC8zA) http://feeds.feedburner.com/~ff/technical/analysis-reports?d=qj6IDK7rITs (http://feeds.fxstreet.com/~ff/technical/analysis-reports?a=JfF8HGMqJYQ:z31OvLVTVpw:qj6IDK7rITs) http://feeds.feedburner.com/~ff/technical/analysis-reports?i=JfF8HGMqJYQ:z31OvLVTVpw:F7zBnMyn0Lo (http://feeds.fxstreet.com/~ff/technical/analysis-reports?a=JfF8HGMqJYQ:z31OvLVTVpw:F7zBnMyn0Lo)


Click here to Read More... (http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2011-12-02.v02.html)