price is move above Moving Average period 10 and ma 30 in 1h time frame.in my opinion it’s still bullish
First target must be on 1,3983 and second target at 1,4097
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price is move above Moving Average period 10 and ma 30 in 1h time frame.in my opinion it’s still bullish
First target must be on 1,3983 and second target at 1,4097
Euro on four hours frame break the downtrend and is now moving in an uptrend targeting 1.4 In the case of breaking the uptrend before The target may fall to 1.35 in the case to break the 1.3810
EUR/USD opened the Asian session lower after a weekend summit produced no concrete plan for solving Europe’s economic crisis – trading down to 1.3828 from the close of Friday’s American session at 1.3895
i see in this chart that the candle is going to uptrend in one hour frame so if you buy now make for you two targets you will be able to get them your first target at ( 1.39172 ) and the second at ( 1.39272 )
EUR/USD performed rather well of late. The pair was supported by hope on a EU rescue package. In addition, global sentiment on risk also turned a bit less negative as recent (US) eco data were not as bad as expected.
chart 15
now the price moving in down trend channel. and we we see MACD indicator we finde its down trend.
we can sell it with SL-1.3930 TP 1.3873
EUR/USD was trading at 1.3888, down 0.30% at asian trading time.
The pair was likely to find support at 1.3657, Thursday’s low, and resistance at 1.3956, Monday’s high.
Euro reversal from 1.3955, high yesterday was contained at 1.3825 low on US session, and the pair bounced up again to regain lost ground during Asian session, and halted, once again at 1.3955, t6he Euro has pulled back to 1.3900 ahead of the European session opening.
the chart is showing that the pair is trading under level 1.3950 , that's mean the down trend is standing and the pair might reach 1.3900 , but if the pair succeeded in breaking 1.3950 , it will head to 1.4000 and then 1.4050.
The momentum of buying will lead the movement to up trend to reach 1.4000 , so the buying is suggested with a appropriate stop loss level and targets equal 30 pips at least