|
EURUSD Daily Chart | December 22, 2013 |
Right,
Today I am posting about forex market rhythm on EURUSD, USDJPY and AUDUSD
EURUSD went down after the Fed announce the tapering. But the volatility and range of the move
somehow moderate. On the daily chart, EU still supported by the 21 day EMA (1.3665). Fail to close below will send the EU higher on Trend Continuation move.
|
EURUSD Weekly Chart | December 22, 2013 |
While on the weekly chart, I am expecting the EU to form the right shoulder both on MACD and the candlestick. Targeting 1.35.
|
USDJPY H4 Chart | December 22, 2013 |
USDJPY - Still on the uptrend, targeting the median line. Supported by the EMA 21 (103.80), and close above EMA 8 (104.17) may send the UJ to 104.80.
|
AUDUSD H4 Chart | December 22, 2013 |
AUDUSD - is on key support level (0.88). There is a chance that the trend will reverse soon.
Current key resistances are:
- Round Number - 0.90
- 21 day EMA - 0.9050. Fail to break will resume the downtrend.
|
AUDUSD Daily Chart | December 22, 2013 |
Salam sukses dari Pondok Labu, Jakarta
Continue Reading