May-18 Weekly Technical Analysis >>>

May-18 Weekly Technical Analysis

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Global financial crisis

Global financial crisis

Cause of the financial crisis

Types of financial crises

Theories of financial crises

Video about financial crises

Aticles about financial crises

Global financial crisis: does the world need a new banking 'policeman'?

The Dollar Causing World Financial Crisis

Experts Fear Financial Crisis Will Hurt World's Poor

The financial crisis around the world

What Caused The Economic Crisis Of 2008?

The World As We Know It Is Going Down

What the Financial Crisis Means For...

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4 eBooks about FIBONACCI theory

- William N. Goetzmann Fibonacci and the Financial Revolution

- Jen Matshall - Practical Fibonacci Methode For Forex Trading

- Bill Poulos The Truth About Fibonacci Trading

- Alex Douglas Fibonacci.The Man & the Markets
 

Weekly Technical Analysis - EUR, JPY, CHF, CAD, GBP

EURO

The EUR/USD pair's surge to the upside may continue on the intraday, short term and even weekly basis yet on the intraday basis we see the pair being overbought which may result in a downside correction yet as far as 1.3440 – 1.3375 remains intact, the upside direction remains. A four hour closing above 1.3670 will take the pair towards 1.3820.


The trading range for the week is among the key support at 1.3280 and the key resistance at 1.3920

Support 1.3575 1.3515 1.3440 1.3375 1.3280 
Resistance 1.3670 1.3720 1.3770 1.3820 1.3890 

Recommendation According to our analysis, we believe the pair is to gather bullish momentum from the area 1.3575 - 1.3515 with targets at 1.3820 and 1.3920 yet if trading reverses below 1.3375, our upside movements become invalid

See other JPY, CHF, CAD, GBP here>>>>>

U.S. Key Economic Indicators

- Auto and Truck Sales

- Business Inventories

- Chicago PMI

- Conference Board Consumer Confidence

- Construction Spending

- Consumer Credit

- Consumer Price Index, CPI

- Durable Goods Orders

- Employment Cost Index

- Existing Home Sales

- Export & Import Prices

- Factory Orders

- Gross Domestic Product - GDP

- Housing Starts & Building Permits 

- Industrial Production

- Initial Jobless Claims

- International Trade

- Leading Indicators Report

- Money Supply

- NAPM National Association of Purchasing Managers

- New Home Sales

- Non-Manufacturing NAPM

- Personal Income & Consumption 

- Philadelphia Fed Index 

- PPI - Producer Price Index

- Productivity and Costs

- Regional Manufacturing Surveys

- Retail Sales report

- Employment Report

- Treasury Budget

- University of Michigan Consumer Sentiment Index

- Weekly Chain Store Sales

- Wholesale Trade report

  see description here >>>>

5 forex systems

5x5 Simple system

"Key Simplicity"

Simple breakout System

Egudu simple 4 tools trading

H4 Bollinger Band Breakouts