Melbourne Qindex 10:34 GMT January 7, 2012 - My Profile
EUR/USD : Critical Point 1.2797 : Reply
Sell EURUSD
Entry: Target: Stop:

EUR/USD : Critical Point 1.2516

The bias is on the downside when the market closed below 1.2797 in the New York session. The weekly cycle pivot centres are located at 1.2561 - 1.2781 - 1.2957. A resistant barrier has been established at 1.2766 // 1.2789. A supporting barrier is expected at 1.2561 // 1.2584. Speculative selling pressure will increase when the market downward trending momentum is strong enough to penetrate through the critical point at 1.2516. Sell on rallies is still the preferred trading strategy. The medium term targeting range is 1.2247 // 1.2306.

Qindex.com

http://www.youtube.com/watch?v=dZEGYpXE5B4

==============================================

Melbourne Qindex 21:24 GMT January 2, 2012 - My Profile
EUR/USD : Critical Point 1.2797 : Reply
EURUSD
Entry: Target: Stop:

Melbourne Qindex 04:59 GMT January 1, 2012
EUR/USD : Critical Point 1.2797 : Reply
EURUSD
Entry: Target: Stop:

EUR/USD : Critical Point 1.2797

The bias is on the downside when the market is not able to close above 1.3087 in the New York session. The upside trading range is 1.2950 - 1.3087 and the downside targeting range of 1.2290 - 1.2415. Basically the market is going to be range bound between a lower barrier of 1.2247 // 1.2306 and a resistant barrier of1.3075 // 1.3090.

Qindex.com

http://www.youtube.com/watch?v=dZEGYpXE5B4

EUR/USD : Monthly Cycle Charts
http://www.qindex.com/euro.html