EURUSD TODAY, JANUARY 24, 2013:NEWS.FX.BASE

Jan 24, 2013 10:40 am

newsfxbase User

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Member since: 16/11/2012

TECHNICAL ANALYSIS:

By the above graph, we can able to see the trends are moving in upwards clearly.

The Parabolic SAR is going downwards, but in the last hour it suddenly shifted down, which already mentioned in the fig.

By analyzing this chart and the Moving Averages and SAR, we will confirm that the trends will move in upwards only.

Fundamental Analysis:

Today we have only single high impact news on USD at GMT 13.30.

· Initial Jobless Claims

So not more than heavy changes may happens apart from our predictions.

For more about Economic news use our Economic calendar http://news.fxbase.com/index.php/2013/01/19/economic-calendar-for-january-21-to-january-25/

So by the side from both technical as well as fundamental,

We are giving single arrow for the uptrend.

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