Forex VPS
Link https://www.cryptoder.com/en
Forex VPS
ForexFunction Logo

"Forex trading involves a high level of risk"

Forex VPS
 Forex Live Heat Map |  Market Comments |  Technical Indicator Signals |  Cross Pair Rates |  Live Spread |  Live Charts |  Daily Pivot Points

EURUSD Weekly Technical Outlook | December 20, 2014



Print PDF

EURUSD made its new low in 2014. It is now touching lower line of trendline in weekly chart. So this will be very critical support for this pair. In Daily chart, this pair is rejected from 45 EMA. It is now on bearish mode. But if we see on MACD, it is showing that this pair lose its bearish momentum. A bullish divergence is forming on this pair. This reversal pattern is forming on critical support.

So we should wait for bullish confirmation for taking buy entry. 1.2200 is good area for buy. From this support, we can take buy entry with little stop loss. Target will be 1.2300 and 2nd target will be 1.2360. On the other hand, if break critical support, then we can sell on this pair and target will be 1.2100 and then 1.2000.



Weekly Pivot, Support and Resistance


Resistance Two (R2): 1.2688

Resistance One (R1): 1.2458

Pivot Point: 1.2339

Support One (S1): 1.2109

Support Two (S2): 1.2000


Submit Your Comments:

 Forex Trading VPS


FOREX VPS FOR TRADERS

FF FOREX VPS
Windows 2012R2/2016 | Server Location Amsterdam, France, Canada | Low Latency From Brokers| Super Fast Trading Experience | All types of EA supported | 3 Days Money Back Guarantee

Plan NameBuy Link CPU RAM Disk BandWidth Price (Montly)Price (Quarterly)Price (Semi-Annually )Price (Annually) InstallationBackUpSetup Fee
ECO-01 buy now1 Core 756MB 18GB Unmetered $4.99/M$4.49/M$3.99/M $2.99/M MT4 Pre-InstalledYesFree
ECO-02 buy now 1 Core 1GB 22GB Unmetered $5.99/M$5.49/M$4.99/M $3.99/M MT4 Pre-InstalledYesFree
ECO-03buy now 2 Core 2GB 30GB Unmetered $9.99/M$9.49/M$8.99/M$7.99/M MT4 Pre-InstalledYesFree
ECO-04 buy now2 Core 3GB 32GB Unmetered $13.99/M$13.49/M$12.99/M $11.99/M MT4 Pre-InstalledYesFree
ECO-05buy now 3 Core 4GB 40GB Unmetered $17.99/M $17.49/M$16.99/M$15.99/MMT4 Pre-InstalledYesFree
ECO-06 buy now 3 Core 5GB 45GB Unmetered$21.99/M $21.49/M$20.99/M$19.99/MMT4 Pre-InstalledYesFree

***We accept Paypal, Perfect Money, Bitcoin !