Friday, November 16, 2012

EURUSD Daily Trend and Cycles

EURUSD Market Closing Comment: 
Buyers could not regain key 1.278 level mentioned yesterday and EURUSD is back in a neutral area now: bulls need to take out 1.278 and bears to break 1.27  

EURUSD
EURUSD Hourly Chart: Lunar Channel Trend and Cycle
TREND: Up
CYCLE: Neutral
COMMENT: Sellers and Buyers in balance

 EURUSD Daily Chart Higher Order Planetary Cycles

Mercury Cycle and Trend: Trend Down Cycle oversold 
Mercury cycle trying to push EURUSD to the bottom of the larger Sun cycle
Sun Cycle and Trend: Trend Up Cycle neutral 

Have a good weekend!