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EUR/USD Trading Analysis with Forecast for 12 September 2014

September 12, 2014 8:24 am

Yesterday EUR/USD currency pair was moved downward at 1.2896 and then move upward due to fundamental events, at the time of event euro little strong and move in uptrend. As our technical analysis basis this pair was moved near resistance level 1.2951, as fundamental event we are modified our all suggestion in our premium client panel and all premium clients get time to time benefit from our services.

Forex Technical and Fundamental Analysis:

Today we are expecting that this pair will move in downtrend from 1.2914 to 1.2875 as technical basis, support level 1 (S1) must touch at 1.2896. Today euro have not any importance event but dollar have some importance events like Core Retail Sales (MoM) and Retail Sales (MoM) due to these event dollar may be strong at evening time.

Recommended Forecast:

Today we are predicted that this pair will move downward near support level range like 1.2885 – 1.2875, if we are predicted as technical and fundamental basis then today trading range is in uptrend 1.2935 and in downtrend 1.2896. Remember if any trader want to get maximum benefits from our analysis then join our premium panel by contact us at Skype: DailyFXGuide. Check our Free Signals Session.


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