Daily Analysis 11/14/12

An Analysis you don’t want to miss. Nathan spends a lot of time sharing about the current predicament of the EUR/USD. He also goes over multiple other pairs including the USD/CAD and the GBP/NZD.

 

 

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  • Phil..

    Thanks Nathan ;
    Yes the Eur/Gbp long trade has paid off pretty well so far
    I am still holding one small long position with a trailing stop, target around
    .8990
    There are lots of great trading opportunities as always, I like the Gbp/Nzd long as well.

  • Herman G.

    Hi, Glad to see my trend lines & fibs match with yours. EURAUD if you zoom in on your daily chart back to Feb this year, you will find a double bottom @1.2160 area, this is the reason why it bounced of it. I did enter yesterday on the 4H a long based on this old trend line i had on chart, so far its going up, have my TP @ 38.2 fib line, i hope it will work out, already at breakeven so no harm here.
    Thanks, Herman

  • Will B.

    Thank you for the excellent analysis and coverage of the EUR/USD!

  • Mohammad

    Best analysis ever! Really useful. Thanks for sharing it.