Forecast Emini Chart : June 21- 2013 ZINGA Stock Market Forcast:

ZINGA stock market  forecast chart is used by our traders as stock chart patterns , designed to point the  turning points or changes in trend, ZINGA stock market forecast apply proprietary IFS cycle theory, this forecast chart can be used to day trade stock, e-mini futures.

Stock chart patterns and stock market forcast play a critical role in  technical analysis and trading strategies. Stock chart patterns are a result of human nature . If you can learn to recognize patterns and trends early, you will gain  in the stock market. Just as volume, RSI  and fibonacci retracement ,  support /resistance level, improve your technical analysis , but stock chart patterns and stock market forecast  can help identify trends and pivots points.

 In spite of all the stock market research and analysis done in the application of time and cycles, there are times when  ZINGA stock market forecast cycles invert.  inversion means  the market is doing exactly the opposite  what expected to do. This inversion shouldn't be a problem for experience trader, cause by looking at (Support/resistance) we provide trader can notice inversion is taking place, then trades against ZINGA stock market forecast chart.

EUR/USD May 22 – Moving Higher as Fed in Spotlight

After a very quiet start to the week, the markets will be busy on Wednesday. The US Federal Reserve will also be front page and center, as the Fed releases the FOMC minutes and Bernard Bernanke testifies in front of a Congressional committee. After sustaining sharp losses,EUR/USD has posted a modest rally this week, gaining about one cent since Monday. In other economic news, the US releases Existing Home Sales, the first major event of the week.  In the Eurozone, Current Account sparkled, posting its largest surplus in more than six years. German 10-year bonds will be up for auction, and the EU holds a summit in Brussels.

Here is a quick update on the technical situation, indicators, and market sentiment that moves euro/dollar.

EUR/USD Technical

• Asian session: Euro/dollar was steady, touching a high of 1.2938, and consolidating at 1.2909. over the 1.29 line early in the session before consolidating at 1.2887. The pair has edged higher in the European session.
• Current range: 1.2880 – 1.2960.

• Further levels in both directions:  

  • Below: 1.2880, 1.2805, 1.2750, 1.27, 1.2624 and 1.2587.
  • Above: 1.2960, 1.30, 1.3030, 1.31, 1.3160 and 1.32.
  • 1.2880 is providing support. This line is slightly stronger as the pair trades at higher levels.
  • 1.2960 is the next line of resistance. It could face pressure if the euro continues to push higher.