Sunday, October 21, 2012

EUR/USD Analysis - 22-10-2012

Analysis of EUR/USD , for 22-10-2012 By Taqi Niaxee

According to my personal experience the EURO still have very strong position against the USD. Overall Average: 82% Strong Buy


Forex Quote as of Sunday, Oct 21st, 2012 
 
                 High     1.30492                 Low    1.30132
                 52Wk High 1.42447
                Since 10/27/11 (-8.49%)
              52Wk Low 1.20439
             Since 07/24/12       (+8.23%)
                Open 1.30190                 Prev Close 1.30230
                Volume 176,318                 Avg Volume 1,162,594
                Weighted Alpha -4.70                 Standard Dev +0.22
                20-Day Average 1.29554               100-Day Average 1.25928
                4-Day Rel Strength 58.64%               14-Day Stochastic 67.27%
                Trend Spotter Buy                     Trend Strength Minimum






The Idea Support and Resistance prices are


                     2nd Resistance Point                                                      1.31150
                    1st Resistance Point                                                     1.30950
                                  
                    1st Support Level                                                        1.30270
                    2nd Support Level                                                       1.29953

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