Thread: Eur/Usd
EUR/USD HAS STRONG SUPPORT, BUT LACKING UPSIDE CONVICTION
The euro found strong support in the 11500s and has since seen a bit of a rebound, but momentum and the broader trend aren’t bringing to the table with it much conviction. On the top-side there are the 11800s to contend with (11790 touched on Monday), which could turn EUR/USD back lower if it hasn’t already seen its best levels.
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Forex Forecast with price level.
EUR/USD - pair in focus
Current Price -1.1734
main support level - 1.1653 1.1674
main resistance level - 1.1794 1.1833
Pair likely to be in Buy today.
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Intelligent (2018-07-13), MotuPatlu (2018-07-12), Ticky (2018-07-13)
EUR/USD currency pair
forecast Date - 11 July, 2018.
Today forex signal - Buy
Support 3 - Support 2 - Support 1
1.1622 1.1657 1.1692
Resistance 1 - Resistance 2 - Resistance 3
1.1762 1.1797 1.1832
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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Although its going down from previousday night but previousday from moarning it was strong down trend . anyway i also expecting it will turn back from 1. 3710 or may be 1.3705 and will be higher more 1.3750 which my first target and just looking to comedown price to this level of 1.3710.
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price level now --1.1750 --, aaj ka movement (EUR/USD) meh kafi - strong - movement reh sakta hai, market ki movement se aaj - Uptrend - movement ke chances jayada hai, market agar is -- 1.1756 -- level ko break karti hai toh next target rhegi -- 1.1764 -- or isko break karne k bad final target rhegi -- 1.1770--. Final Support -- level rhegi -- 1.1728 -- isko break karne ke baad strong - sell - signal rhegi. Ye analysis/signal short time frame or scalpers ke liye hai.
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Intelligent (2018-07-11), MotuPatlu (2018-07-12), snake (2018-07-11), Ticky (2018-07-11)
Eur/ Usd mid term signal
eur usd currently trading on 1.1704
According to my moving average crossover strategy on 4h timw frame eur Usd trend is bearish trend so my suggestion is
it is good to sell on rallies around 1.1710 with SL around 1.1750 for the TP of 1.1655/1.1605
trade on your own risk
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Unregistered (2)
Looking to Sell EUR/USD After the Bounce off the 100 SMA Fades
EUR/USD extended the decline in the European session. But, it reached a certain level where the sellers decided to call it a day and close their trades. That level was 1.1690, which doesn’t really hold much importance by itself.
But, the 100 SMA (red) is standing right there and this moving average has provided support before. It appears that the sellers saw the chart history and decided to close their trades, for now. The previous hourly candlestick closed as a doji which is a reversing signal. So, that indicator also played a role in the latest turnaround.
EUR/USD is around 30 pips higher, but I don’t see this as a bullish move. Looking at the daily chart below, you can see that yesterday the price formed an upside down hammer. That is a reversing signal after an uptrend.
The upside down hammer points down in the daily EUR/USD chart
Today’s candlestick looks pretty bearish as well, which reinforces the bearish turnaround in this pair. Besides, the stochastic indicator is overbought and turning down now, so the bullish move is complete and EUR/USD is now entering a bearish phase.
With this chart setup in mind, I will wait for the latest bounce to be over on the H1 chart and then will look to open a sell trade. Perhaps, the 50 SMA would be a great place to sell, but only if the buyers manage to push that far.
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NOOR151 (2018-10-20)
Eurusd --- buy----buy----buy
curruent price---1.1733
support level ----1.01742
resistance level -----1.1689
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
yulbang111 (2018-07-12)
Eurusd --- buy----buy----buy
curruent price---1.1733
support level ----1.01742
resistance level -----1.1689
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
snake (2018-07-11), Ticky (2018-07-11), yulbang111 (2018-07-12)
Spoiler:
EurUsd bullish trend can continue today, now current price at 1.1727 and strong support at level 1.1710 in hourly time frame. there is possible chance EurUsd price will move to up side. then next high price is 1.1780
I suggest to entry buy with stoploss at 1.1695 and take profit at 1.1780
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
billyboy00007 (2018-07-16), danish555 (2018-07-18), Forexcoolgirl (2018-07-11), lal765 (2018-07-11), NOOR151 (2018-10-20), sarfraz786 (2018-07-18), sridevi (2018-07-11), Unregistered (4)
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