Bullish Reversal Signal; 2 New Targets | #EURUSD $USDollar

Friends,

Some surprising fundamentals helped lift the EURUSD above its 1.3700 ceiling with the help of disappointing fundamental US data - See edifying fundamental reviews offered by Kathy Lien here: bkassetmanagement.com/author/kathy/

From a technical standpoint, a bullish market reversal signal posted on our proprietary strategy and predictive analysis, bringing our eyes to loftier targets: A primary target as TG-1 = 1.38632 and a target-high, TG-High = 1.38997.

Not included here is a market reversal signal - albeit lacking confirmation - in the USDollar Index, with technical targets in the low 10400 pending a bullish momental support failure born in September 14th, 2012 as a physical sine quo non condition.


OVERALL:
Bullish targets at TG-1 = 1.38632 and TG-High = 1.38997 emerged following a bullish market reversal confirmation in the EURUSD chart, correlating well with fundamental development, both favoring the EURO and handicapping the US Dollar. Combined with an unconfirmed bearish market reversal in the USDollar Index, the net picture favors a rallying of the EURUSD pair.

Cheers,


David Alcindor | 4xQuad
Predictive Analysis & Forecasting
Denver, Colorado, USA


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PS: Here is a weekly SPX chart worth considering:
tradingview.com/e/GK5wJ5WN/

- Other recent analysis and charting:
AAPL - tradingview.com/e/OqhN6oTc/
AMD - tradingview.com/e/ySdvtzok/
EBAY - tradingview.com/e/XWUVhvT0/
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GOOG - tradingview.com/e/J5A3VRWX/
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TWTR - tradingview.com/e/Rnr5FZ93/


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1 - #USDollar: on.fb.me/19Pf77y
2 - #AUDUSD: on.fb.me/1kDHbdB
3 - #NGAS: on.fb.me/1aSMYHV
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Disclaimer: All of our analyses are for educational purpose only. The forecasts, analyses and opinions generated herein are not trading recommendations. We trust that you would do your own due diligence first, then seek professional advice from a licensed professional and enter the market at your own perils - David Alcindor - a.k.a.: 4xForecaster | 4xQuad, LLC.