EURUSD TODAY JANUARY 18, 2013

Jan 18, 2013 10:02 am

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Technical analysis on EURUSD:

Today (GMT 00.00) the market opens with the closer difference in-between the MACD value and the Signal value. This resembles the market will go on through weak trends only.

Since the moving averages and the SAR travels in the Uptrend’s, the signal may go on through the buy side.

Using Economic calendar:

There’s not much high impact news today on USD, only a single and a double impact news are presently going to be published at GMT14.55.

· Michigan Consumer Sentiment

· Michigan Inflation Expectations

For more about Economic Calendar: http://news.fxbase.com/index.php/2013/01/12/economic-calendar-for-january-14-to-january-18/

On the basis of both technical and fundamental analysis, we are giving a single arrow in the uptrend

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