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, January 6, 2012

UUP touching resistance


























The us dollar etf  has just touched resistance, while the euro is at september 2010 levels. With the dollar beeing the leader of almost everything it would be a good advice to wait and see here. A breakout or a failure here will send a quality message to various assets across the intermarket.
Posted by Cristian Varga at 9:30 AM
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