Sponsors

EUR/USD Forecast December 30, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Wednesday, 30 December 2015 05:30 UTC

The EUR/USD pair fell significantly during the course of the session on Tuesday, as the 1.10 level continues offer significant resistance. With this being the case, the market looks as if it is going to continue to bounce around between the 1.08 level on the bottom, and the 1.1050 level on the top. With the market back in the way it is, we believe that we will continue to go lower, as the 100 day exponential moving average shows a very flat market, meaning that we should reach towards the bottom of consolidation.

EUR/USD Forecast December 30, 2015, Technical Analysis

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.

Sponsors

Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.