Thread: Eur/Usd
elliott correction zigzag 1.3099 should test support at 1.3146 while below 1.3180 if support at 1.3146 holds it can rise up to 1.3228 if not it should fall to below 1.3112 zone
support and resistances
res2 1.3276
res1 1,3228
pivot 1.3194
sup1 1.3146
sup2 1.3112
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Was an good short trade today ...Market first kicked out people who took an long.
But I told them at Rate cut look for sell.
MY EUR/USD TRADE
We will long eur/usd when US/X hits 82.45!
EUR/USD can fall to 1.2870! NFP tomorrow will give us the further direction.
At the moment I am expecting an ranging market ....
the pair oscillates around 1.3200
the Euro extends daily highly against the dollar after data showed US jobless claims dropped to 32K last week
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Eur/usd pivot levels by using fibonacci pivot indicator.
r3:1.3279
r2:1.3247
r1:1.3226
pivot : 1.3194
s1: 1.3162
s2: 1.3141
s3: 1.3109
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Our preference: Short positions below 1.314 with targets @ 1.305 & 1.301 in extension.
Alternative scenario: Above 1.314 look for further upside with 1.318 & 1.32 as targets.
Comment: the pair has broken below its support and remains on the downside.
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It is the sell time so sell at 1.3067
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i like to buy this pair @ 1.3067 and half pending buying order @ 1.3033
my stop loss of the day @ 1.2993
my half take profit @ 1.3095
and half @ 1.3144
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EUR/USD intraday: the bias remains bullish.
Pivot: 1.314
Our preference: Long positions above 1.314 with targets @ 1.32 & 1.324 in extension.
Alternative scenario: Below 1.314 look for further downside with 1.311 & 1.305 as targets.
Comment: the pair is facing a pull back on its support.
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time frame- m15
due to the news the price is moving to the down side. first the price break pivot point but clsoe is at the pivot level not able to close above the 1.3200. we can short this pair with the target lower support at the 1.3060 and stop loss at the 1.3110
good luck
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for the currency pair eurusd today, I think because the price has been in the red zone, so I chose to do a sell order, and likely will lead to reversal prediction eurusd at 1.3133 price, and for your buy order could start her if the price has been on buyer zone that starts at 1.3214 price
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