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Thread: Eur/Usd

  1. #12305
    Junior Member jemilimsforex is an unknown quantity at this point jemilimsforex's Avatar
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    Hi now we look a resistance from bullish to get up EUR/USD but bearish are yet strong go down to this pairs EUR/USD so if bearish take this deal so EUR/USD can go down to a target 1.0698 must continue to be attentive before take order position. good luck for all and best regards

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    The euro fell against the US dollar as expected after it indicated negative RSI receding upward momentum index. Daily closing below 50% Fibonacci extension at 1.0934 reveals the way for the 61.8% level at 1.0808 .bdla of it, move above the 38.2% Fibonacci at 1.1059 paving the way for expansion of 23.6% at 1.1214

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    The euro against the dollar traded passively this morning to begin attempts to break the barrier of 1.0900, reinforcing expectations of continued downward trend in the coming period, which depends on the negative impact of the head and shoulders pattern shown image, along with pressure from the SMA 50.

    Thus, we will keep the bearish trend scenario rest of the day steadily price below the level of 1.1050, with the main Instant our goal first at 1.0800.

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    Senior Member selametdwi1 is an unknown quantity at this point selametdwi1's Avatar
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    EUR/USD. The bias is bearish in nearest term but we need a clear break below 1.0940 area to trigger further
    bearish pressure aiming 1.0850 key support area. Immediate resistance is seen around 1.1010 area, another
    consistent break above that area would bring the price to neutral zone as direction would become unclear in
    nearest term perhaps retesting 1.1070 area.

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    It will remain bearish scenario existed during the coming sessions, with the reminder that the main objectives of the anticipated start at 1.0800 and extends to 1.0645, with reference to that stability below 1.1050 is a key requirement to achieve the proposed goals.

    Expected trading range for today between 1.0800 support and 1.1050 resistance range

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    Opens pair the euro against the dollar trading today Askew bearish after the cessation of trading yesterday because of the holiday central banks yesterday, away from the level of 1.1050, and enhanced expectations of continued bearishness over intraday and short term, where the negative impact of the head and shoulders pattern continues by clicking on the price to achieve a further decline .

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    Member ahmdelhamy is an unknown quantity at this point ahmdelhamy's Avatar
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    so we have to sell too or wait??

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    Senior Member ducd3vaizo will become famous soon enough ducd3vaizo's Avatar
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    Spoiler Spoiler:

    Daily Forecast

    Major Trend: Bearish
    Time Frame: H4
    Reason: Market still be a correction after breaching the key support at 1.1058 points. However, if the market has broken at 1.0962, it will immediately go down.
    Recommendation: Sell limit at 1.1058

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    Junior Member jemilimsforex is an unknown quantity at this point jemilimsforex's Avatar
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    Name: DailyEURUSD25052015.jpg Views: 31 Size: 19.8 KB
    Quote Originally Posted by John202 View Post
    The breakout is sharp and price developments last week suggests that the correction from March to May ended. The breakout of 1.1062 with a combined daily close below 1.0972 would be significant. The "cloud" could provide a little support but only temporarily in our view. The objectives downward this week are 1.0882 and 1.0692 / 60.
    Hi, with the last news economic we look to more fluctuation on EUR/USD and it be getting down, mu analyse chart with a bollinger bands he touch a resistance and go to 1.0937 but MACD and RSI indicator show more down curve he can touch 1.0705.see attached file

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    The euro fell against the US dollar as expected after it indicated negative RSI receding Alzachmalsaad index. Tusaphipponacci daily closing below 50% at 1.0934 reveals the way for the 61.8% level at 1.0808 .bdla of it, move Voagafibonacci 38.2% at 1.1059 paving the way for expansion of 23.6% at 1.1214.

    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.


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