EURUSD looks more bearish

Posted by admin on February 4, 2010 Leave a comment (2) Go to comments

Weekly RSI is pointing for more bearish from this pair.

Currently the pair is testing the 1.38523/310 zone. After yesterday big sold off, I doubt the EUR has any more momentum, at least for this week.

Lines to be watch are: 1.3851, 1.3800 and 1.3747.

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Technical Strategist
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2 Comments.

  1. Sub February 9, 2010 at 2:18 pm

    Hi Bob (is this your name ?),
    I would like to ask the following questions :-
    1) I wanted to open an forex account with an international company, is this legal in Malaysia, do I need to inform any gov. dept. ?
    2) I’m completely new to this, where I can get some advise or even courses in Melaka on forex trading ?

    Hope to get some answers from you.

    Regards,
    Sub.

  2. admin February 24, 2010 at 11:16 am

    Hi.
    To answer your questions:
    1. The forex account can be open using legal forex brokers..I don’t know what you mean by international companies..but I do know that they have to have license in order to do this. And, NO, you don’t have to inform any gov department. i don’t think they even bother :)
    2. You are looking for the right person. I’m in Melaka. Myb we can have teh tarik sometime. Spend some time to visit my other site, shufaad.com.

    BTW, my name is Shufaad. i haven’t change the theme name yet.

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