EURO Review 14-04-2011

EURO Againts Major pair :

The Euro Pair won againts the USD and the GBP pair, but againts the YEN and CHF pair, the Euro Dollar declined.

EURO Againts Commdoll :

Againts the AUD, it seems the Euro Pair traded in a ranging situaion (red: the Buyeers and Sellers its equal), the Euro got a temporary winning side before the pair came back into the sideways range; However the Euro Pair is still a winner againts the Loonie, However againts the Kiwi, the Euro Pair is in a losing situation.

Conclusion :

Because againts the majors only two Euro Dollar wins and with the two other the Euro Pair loses, againts the Comdoll one pair is in a sideways movement, the other wins, and the rest lose, we predict based on all the facts that we've already mentioned above, the Euro Pair is now in the "Overbought" situation .