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EUR/USD-market strategy indicates buying levels from the $1.3716

Technical oscillators are supporting the bullish trend for the currency pair

Tammy Wally
17 March 2010

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EUR/USD-market strategy indicates buying levels from the $1.3716
Technical oscillators are supporting the bullish trend for the currency pair.
To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines in a bullish direction and crossing below the zero line. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is in a bullish direction. Also, MA oscillators indicate a bullish cross on the short MA line. Selling from $1.3670 on a break.

EUR/USD 17-3-10

Finotec Analysis Team
17 March 2010

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EUR/USD-market strategy indicates buying levels from the $1.3712

Technical oscillators are supporting the bullish trend for the currency pair

EUR/USD-market strategy indicates buying levels from the $1.3689

Technical oscillators are supporting the bullish trend for the currency pair

EUR/USD-market strategy indicates buying levels from the $1.3603

Technical oscillators are supporting the bullish trend for the currency pair

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Contract	Bid	Ask	Time	Change
EUR/USD	1.3738	1.3739	21:20:37	-0.00%

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Event Date

Unemployment Rate(Greece)	18.03.2010 10:00
GDP (Q-o-Q)(New Zealand)	24.03.2010 23:45
GDP (Y-o-Y)(New Zealand)	24.03.2010 23:45
Capital Account Balance - BoP(HKD/Hong Kong)	22.03.2010 09:30
Current Account Balance - BoP(HKD/Hong Kong)	22.03.2010 09:30
Financial Account Balance - BoP(HKD/Hong Kong)	22.03.2010 09:30
Industrial Production (Q-o-Q)(Switzerland )	18.03.2010 08:15
Industrial Production (Y-o-Y)(Switzerland )	18.03.2010 08:15
Current Account Balance - BoP($/United States)	18.03.2010 13:30
Dwelling Starts(Australia)	17.03.2010 00:30
Current Account Balance - BoP(NZ$/New Zealand)	23.03.2010 23:45
Unemployment Rate(Italy)	24.03.2010 09:00
CPI (Q-o-Q)(New Zealand)	19.03.2010 21:45
CPI (Y-o-Y)(New Zealand)	19.03.2010 21:45
Current Account Balance - BoP(ZAR/South Africa)	23.03.2010 11:00
Current Account Balance - BoP(€/Netherland)	17.03.2010 05:00
Financial Account Balance - BoP(€/Netherland)	17.03.2010 05:00
Interest Rate Decision(Iceland)	17.03.2010 09:00
Interest Rate Decision(Brazil )	17.03.2010 20:00
Core CPI (M-o-M)(Poland)	22.03.2010 13:00
Core CPI (Y-o-Y)(Poland)	22.03.2010 13:00
Interest Rate Decision(Norway)	24.03.2010 13:00
Industrial Production (Y-o-Y)(Hungary)	17.03.2010 08:00
Imports(€/Italy)	18.03.2010 09:00
Exports(€/Italy)	18.03.2010 09:00
Trade Balance(€/Italy)	18.03.2010 09:00
Trade Balance EU(€/Italy)	18.03.2010 09:00
CPI (Y-o-Y)(UK)	23.03.2010 09:30
CPI (M-o-M)(UK)	23.03.2010 09:30
Core CPI (Y-o-Y)(UK)	23.03.2010 09:30
Retail Price Index (M-o-M)(UK)	23.03.2010 09:30
Retail Price Index (Y-o-Y)(UK)	23.03.2010 09:30
PPI (M-o-M)(Finland)	17.03.2010 07:00
PPI (Y-o-Y)(Finland)	17.03.2010 07:00
CPI (M-o-M)(Singapore)	23.03.2010 05:00
CPI (Y-o-Y)(Singapore)	23.03.2010 05:00
Unemployment Rate(Finland)	23.03.2010 07:00
CPI (Y-o-Y)(Hong Kong)	22.03.2010 08:30
M2 Money Supply (M-o-M)(Romania)	23.03.2010 11:00
M2 Money Supply (Y-o-Y)(Romania)	23.03.2010 11:00
Unemployment Rate(Poland)	23.03.2010 09:00
Retail Sales (M-o-M)(Mexico)	22.03.2010 15:00
Retail Sales (Y-o-Y)(Mexico)	22.03.2010 15:00
Current Account Balance - BoP($/Brazil )	22.03.2010 13:30
Financial Account Balance - BoP($/Brazil )	22.03.2010 13:30
PPI (M-o-M)(United States)	17.03.2010 13:30
PPI (Y-o-Y)(United States)	17.03.2010 13:30
Core PPI (M-o-M)(United States)	17.03.2010 13:30
CPI (M-o-M)(United States)	18.03.2010 13:30
CPI (Y-o-Y)(United States)	18.03.2010 13:30
Core CPI (M-o-M)(United States)	18.03.2010 13:30
Core CPI (Y-o-Y)(United States)	18.03.2010 13:30
Leading Index(United States)	18.03.2010 15:00
Lagging Index(United States)	18.03.2010 15:00
Coincidence Index(United States)	18.03.2010 15:00
Philly Fed's Mfr Index - Business Condition(United States)	18.03.2010 15:00
Philly Fed's Mfr Index - Prices Paid(United States)	18.03.2010 15:00
Philly Fed's Mfr Index - Prices Received(United States)	18.03.2010 15:00
Coincidence Index(Germany)	24.03.2010 09:00
Leading Index(Germany)	24.03.2010 09:00
CPI (M-o-M)(Iceland)	24.03.2010 09:00
CPI (Y-o-Y)(Iceland)	24.03.2010 09:00
Unemployment Rate(Norway)	24.03.2010 09:00
Retail Sales (M-o-M)(Hungary)	23.03.2010 08:00
Retail Sales (Y-o-Y)(Hungary)	23.03.2010 08:00
Business Confidence Indicator(Czech Republic)	24.03.2010 08:00
Consumer Confidence Index(Czech Republic)	24.03.2010 08:00
CPI (M-o-M)(South Africa)	24.03.2010 09:30
CPI (Y-o-Y)(South Africa)	24.03.2010 09:30
Unemployment Rate(Luxembourg)	24.03.2010 05:00
Durable Goods Orders (M-o-M)(United States)	24.03.2010 13:30
Durable Goods Orders Ex. Transporation (M-o-M)(United States)	24.03.2010 13:30
Durable Goods Orders Ex. Defence (M-o-M)(United States)	24.03.2010 13:30
CPI - EU Harmonised (M-o-M)(Iceland)	17.03.2010 10:00
CPI - EU Harmonised (Y-o-Y)(Iceland)	17.03.2010 10:00
Industrial New Orders (M-o-M)(Eurozone)	24.03.2010 10:00
Industrial New Orders (Y-o-Y)(Eurozone)	24.03.2010 10:00
PPI (M-o-M)(Lativia)	19.03.2010 11:00
PPI (Y-o-Y)(Lativia)	19.03.2010 11:00
Business Sentiment(Belgium)	23.03.2010 14:00
Wholesale Sales (Y-o-Y)(Canada)	17.03.2010 13:30
Trade Balance - Non EU(€/Italy)	22.03.2010 09:00
Existing Home Sales - Inventories(United States)	23.03.2010 15:00
Existing Home Sales - Price($/United States)	23.03.2010 15:00
Existing Home Sales - Sales(United States)	23.03.2010 15:00
New Home Sales - Median Prices($/United States)	24.03.2010 15:00
New Home Sales - Units(United States)	24.03.2010 15:00
Official Foreign Reserves($/Mexico)	17.03.2010 05:00
Trade Balance($/Mexico)	24.03.2010 15:00
Exports($/Mexico)	24.03.2010 15:00
Imports($/Mexico)	24.03.2010 15:00
Monetary Policy Meeting Minutes(UK)	17.03.2010 09:30
CBI Monthly Industrial Trends(UK)	18.03.2010 11:00
BSI Large All Industry (Q-o-Q)(Japan)	17.03.2010 23:50
BSI Large Manufacturing (Q-o-Q)(Japan)	17.03.2010 23:50
All Industry Activity Index (M-o-M)(Japan)	20.03.2010 04:30
Exports (M-o-M)(Switzerland )	18.03.2010 08:15
Imports (M-o-M)(Switzerland )	18.03.2010 08:15
Trade Balance(CHF/Switzerland )	18.03.2010 08:15
EIA Natural Gas Inventory (Cubic Feet)(United States)	18.03.2010 15:30
Initial Jobless Claims(United States)	18.03.2010 13:30
Continuing Claims(United States)	18.03.2010 13:30
EIA Crude Oil Inventory (Barrels)(United States)	17.03.2010 15:30
EIA Crude Oil Price($/United States)	17.03.2010 06:00
MBA Mortgage Applications(United States)	17.03.2010 12:00
Official Foreign Reserves($/India)	19.03.2010 05:00
Interest Rate Decision(Japan)	17.03.2010 05:00
Industrial Production (Y-o-Y)(Poland)	17.03.2010 14:00
PPI (Y-o-Y)(Poland)	17.03.2010 14:00
Foreign Exchange Transaction(A$/Australia)	18.03.2010 03:00
Consumer Confidence Index(New Zealand)	18.03.2010 03:00
M4 Money Supply (M-o-M)(UK)	18.03.2010 10:30
M4 Money Supply (Y-o-Y)(UK)	18.03.2010 10:30
ZEW Survey (Expectations)(Switzerland )	18.03.2010 11:00
Visitor Arrivals(New Zealand)	18.03.2010 22:45
Credit Card Spending (Y-o-Y)(New Zealand)	19.03.2010 03:00
Labor Cost (Y-o-Y)(Eurozone)	17.03.2010 11:00
Wages (Q-o-Q)(France)	19.03.2010 08:45
PPI (M-o-M)(Germany)	19.03.2010 08:00
PPI (Y-o-Y)(Germany)	19.03.2010 08:00
Consumer Spending (Y-o-Y)(Netherland)	19.03.2010 09:30
Interest Rate Decision(Mexico)	19.03.2010 15:00
Westpac Consumer Confidence(New Zealand)	17.03.2010 02:00
Westpac Leading Index (M-o-M)(Australia)	17.03.2010 00:30
PPI (M-o-M)(Slovenia)	19.03.2010 09:30
PPI (Y-o-Y)(Slovenia)	19.03.2010 09:30
Official Foreign Reserves(€/Bulgaria)	19.03.2010 04:00
Avg Earnings ex bonus (3M-o-Y)(UK)	17.03.2010 09:30
Avg Earnings Inc bonus (3M-o-Y)(UK)	17.03.2010 09:30
Claimant Count Rate(UK)	17.03.2010 09:30
ILO Unemployment Rate (3M)(UK)	17.03.2010 09:30
Jobless Claims Change(UK)	17.03.2010 09:30
Manufacturing Unit Wage Cost (3M-o-Y)(UK)	17.03.2010 09:30
Capital Account Balance - BoP(€/Italy)	17.03.2010 10:00
Current Account Balance - BoP(€/Italy)	17.03.2010 10:00
Financial Account Balance - BoP(€/Italy)	17.03.2010 10:00
Wholesale Sales (M-o-M)(Canada)	17.03.2010 12:30
Leading Index(Mexico)	24.03.2010 17:00
Coincidence Index(Mexico)	24.03.2010 17:00
New Motor Vehicle Sales (M-o-M)(Australia)	21.03.2010 23:30
New Motor Vehicle Sales (Y-o-Y)(Australia)	21.03.2010 23:30
DEWR Skilled Vacancies (M-o-M)(Australia)	24.03.2010 00:00
M3 Money Supply (Y-o-Y)(Switzerland )	22.03.2010 07:00
PMI Manufacturing(Eurozone)	24.03.2010 08:00
PMI Composite(Eurozone)	24.03.2010 08:00
PMI Services(Eurozone)	24.03.2010 08:00
Supermarket Sales (Y-o-Y)(Japan)	23.03.2010 04:00
Convenience Store Sales (Y-o-Y)(Japan)	23.03.2010 06:00
Merchandise Trade Exports (Y-o-Y)(Japan)	24.03.2010 00:50
Merchandise Trade Imports (Y-o-Y)(Japan)	24.03.2010 00:50
Merchandise Trade Balance(¥/Japan)	24.03.2010 00:50
Adj. Merchandise Trade Balance(¥/Japan)	24.03.2010 00:50
Corp Service Price (Y-o-Y)(Japan)	24.03.2010 22:50
Monetary Policy Meeting Minutes(Japan)	22.03.2010 22:50
Business Confidence Indicator(France)	23.03.2010 07:45
Own-Company Production Outlook(France)	23.03.2010 07:45
Production Outlook Indicator(France)	23.03.2010 07:45
Coincidence Index(Spain)	17.03.2010 09:00
Leading Index(Spain)	17.03.2010 09:00
Trade Balance(€/Eurozone)	18.03.2010 09:00
Retail Sales (Y-o-Y)(South Africa)	17.03.2010 10:00
Construction Output (M-o-M)(Eurozone)	17.03.2010 10:00
PPI (M-o-M)(Portugal)	17.03.2010 11:00
PPI (Y-o-Y)(Portugal)	17.03.2010 11:00
Unemployment Rate(Hong Kong)	18.03.2010 08:30
Consumer Confidence Index(Netherland)	18.03.2010 08:30
Unemployment Rate(Netherland)	18.03.2010 08:30
Capital Account Balance - BoP(€/Eurozone)	18.03.2010 09:00
Mortgage Approvals(UK)	18.03.2010 09:30
Public Finances (PSNCR)(£/UK)	18.03.2010 09:30
Current Account Balance - BoP(€/Eurozone)	18.03.2010 09:00
Public Sector Net Borrowing(£/UK)	18.03.2010 09:30
Exports(€/Eurozone)	18.03.2010 10:00
Imports(€/Eurozone)	18.03.2010 10:00
Foreign Investment in Canadian Securities(CAD/Canada)	18.03.2010 12:30
Industrial Orders (M-o-M)(Italy)	19.03.2010 09:00
Industrial Sales (M-o-M)(Italy)	19.03.2010 09:00
Retail Sales (M-o-M)(Canada)	19.03.2010 12:30
Retail Sales - Ex. Auto (M-o-M)(Canada)	19.03.2010 12:30
Core CPI (M-o-M)(Canada)	19.03.2010 11:00
Core CPI (Y-o-Y)(Canada)	19.03.2010 11:00
CPI (Y-o-Y)(Canada)	19.03.2010 11:00
CPI (M-o-M)(Canada)	19.03.2010 11:00
Consumer Confidence Index(Belgium)	19.03.2010 14:00
Official Foreign Reserves($/Mexico)	23.03.2010 15:00

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EUR/USD-market strategy indicates buying levels from the $1.3716

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