Blog Entries - March 2009 http://www.bobokus.com Fri, 30 Jul 2010 18:26:23 +0100 FeedCreator 1.7.3 http://www.bobokus.com/162-Trading-Forex-From-Your-Analysis.html <p>Let’s do a quick analysis of the Euro and see what we come up with. It’s obvious the Euro has been trending down ever since the overall high of 1.6038 making an incredible drop to 1.2329, that’s a 23% devaluation in roughly 4 months.</p><br/><p>Using Fibonacci and measuring this incredible drop in price we get our retracement points to this move. Looking at how price has reacted to these levels we can see defined support and resistance created at or around these levels. In the example belo [...] bobokus@bobokus.com Wed, 25 Mar 2009 08:00:00 +0100 Forex Analysis Fibonacci Charts