Technical Analysis -EURUSD

1. Resources for the Independent Trader Blog
Technical Analysis -EURUSD September
20
Posted on September 20, 2013 by the XM Investment Research Desk at 8:01 am GMT
EURUSD has a strong upward bias, currently consolidating its post-Fed gains near a
seven-month high of 1.3567 hit on Sept 19.
On the Hourly chart, RSI above 50 and stochastic is rising. Prices are trading above the
Ichimoku cloud. The pair is currently around $1.3530.
Strong support is at the MA20 at 1.3525.
Retracement and bounce off key support level at 1.3480 will reaffirm upside.
Resistance is at 1.3567 (Sept 19 high). If broken will lead to the key 1.3600 level.
EURUSD Hourly Chart

2. Important Notice: This investment research was produced by an independent analyst
and Trading Point of Financial Instruments Ltd has verified that the producer of the
investment research is subject to requirements equivalent to the requirements under
Directive DI144-2007-01 of 2012 of the Cyprus Securities and Exchange Commission in
relation to the production of the research.
--------------
UPCOMING FOREX SEMINARS AND WORKSHOPS
Reggio Emilia, Italy – 21 September 2013 – 50 Seats Available
Dubai, UAE – 28 September 2013 – 50 Seats Available
Kuala Lumpur, Malaysia – 19 and 20 October 2013 – 100 Seats Available
Register Now

3. Pierre A Pienaar
Retired in 2011 from trading and business.
I would like to share my passion, my interests, knowledge & experiences in Forex,
Options, Gold Investments, Futures, Stocks, Binary Options, Economics, Life-long
Trading Education, Finances, Business, Stamp Collection, Sports, Gardening, Reading,
Photography, Politics
http://www.facebook.com/pierrea.pienaar
https://twitter.com/pienaar_a
http://www.goodreads.com/user/show/2580802-pierre-a-pienaar
http://resourcesindependenttrader.blogspot.com
http://www.viadeo.com/profile/0021ok1u4iwg7pwc
https://www.xing.com/profile/PierreA_Pienaar?sc_o=mxb_p
http://www.slideshare.net/PierreAPienaar

4. https://plus.google.com/103487646835776536221/about
http://weibo.com/3158954871/profile?topnav=1&wvr=5
http://www.linkedin.com/pub/pierre-a-pienaar/64/a4/666/
Xcelwealth Store - Business & Investing
Substantial risk of loss
There is a substantial risk of loss of stocks, forex, commodities, futures, options,
and foreign equities are substantial.
You should therefore carefully consider whether such trading is suitable for you
in light of your financial condition. You should read, understand, and consider
the Risk Disclosure Statement that is provided by your broker before you
consider trading.
Please consider the environment before printing this message.