Forex Academy Quick Links:
Language:
English

EUR/USD Weekly Forecast 8 Feb 16

EUR/USD Weekly Forecast 8 Feb 16
Monday, February 8th, 2016 @ 3:48 pm by The Geek

Full Release at TheGeekKnows.com Learn Forex Trading and read exclusive EUR/USD Forecast and AUD/USD Forecast Reviews.
Good day forex traders.

In the previous EUR/USD forecast we noted that currency pair remained capped by the middle bollinger band. This had been the situation for about two months. This is one of the reason why we believe that bollinger bands are one of the most useful technical indicators for forex.

(null)

Technical Analysis

Looking at the EUR/USD weekly chart above we note that the currency pair was bullish for the week. It had breached through the strong resistance of the middle bollinger band.

Don’t miss the full forecast. Continue on to TheGeekKnows.com for the full technical analysis and the fundamental analysis of the EUR/USD Forecast Weekly Review to understand more about the underlying market sentiments.

No Responses to “EUR/USD Weekly Forecast 8 Feb 16”

No comments posted yet.

Leave a Reply

Submit Your Comment

Our Global Forex Community

Follow us on Twitter! Join us on Facebook! Watch us on YouTube! Stumble Us!

Advertising

Next Free Forex Webinar

Free Market Commentaries

Advertising

Blog Archive

Forex Links

Educational Partners

The Geek Knows
AgriMoney.com
Traders' Magazine

Finance Blogs Blogarama - The Blog Directory