Market Technical View is a blog that mostly concerns the technical analysis of different financial instruments like indices, commodities, stocks, ETFs and currencies.

All the posts are structured in 3 main chapters that can be found in Content, in the upper right-hand corner of the blog.

Market perspective. The technical approach consists of chart patterns and important support/resistance zones. The purpose of this section is to give directions of the price on short and medium term (a few days up to a few months).

Trading setups. The analysis posted here will provide trading scenarios based on different technical tools.

Romanian Market. This is a section dedicated to Romanian stocks and indices.

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Friday, February 8, 2013

EURUSD analysis


The previous analysis on EURUSD ( http://markettechnicalview.blogspot.ro/2013/02/eur-usd-analysis-reversal-time.html ) pointed out a reversal on the daily chart as 3 main projections were targeting the 1.3700 area.

Here are some important support areas that will hold or even reverse the direction in case the dollar will regain confidence in the next days/weeks.


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