I think still its hard to predict the next week movement but if we see from few days then its going downtrend and its true it may go down 1.4260. i think monday it will be clear downtrend go on or new picture will be seen in new week.
Thread: Eur/Usd
I think still its hard to predict the next week movement but if we see from few days then its going downtrend and its true it may go down 1.4260. i think monday it will be clear downtrend go on or new picture will be seen in new week.
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For the pair EUR / USD at 13 Dec 2012, at the moment I am more inclined to transact sell EUR / USD at 1.3070, with a target profit of 30 pips or at 1.3040. Pivot observed at 1.3051, resistance 1 at 1.3111 , support 1 at 1.3009. Good luck and be wise with your money ....
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hey euro/usd pair has reached 1.3090 as the FOMC statement released. Is there any possibility of downtrend within this week?
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EURUSD held in the area of 1.3015. Judging from the daily time frame is in the highest price ever. If the price falls to 1.2700 -1.2824 area correction will be the target furthest to fall. If today through the 1.3015 area going back up towards 1.3160 area.
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Just discovered another purchase, the couple found a new level of support for 3025 below which the course is not allowed, after a couple of stronger than 3000 figures and more than 200 of the moving sale can forget to become a figure of at least 3100, but it bears able to make a turn south (or at least try).
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SELL limit EUR/USD
AT 1.3040
SL 1.3147
TP1 1.2862
good luck
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Spoiler:
On the H1 chart price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Target: resistent: 1.3065/1.2119
SL: 1.2979
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Time frame - H4
As we can see in h4 chart that price is totally oversold according to stoch and price now try to moving it daily resistance 1.3065. at this level we can see other resistance so there is some chance that price will again will move downside. we must wait to hit 1.3065 level. if this level is break then price will fruther continue to 1.3119
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There is no change to the call for a slightly higher EURUSD. “Look higher from the current level towards 13030 (61.8% retracement). Given event risk, I’d not be surprised to see an emotional market that spikes through that level and into 13065. Interim resistance is expected at 12975. Ultimately, the rally from Friday’s low is expected to prove corrective before lower prices are registered later in the month.”
FOREX Trading Strategy: I’ve exited longs from Sunday night and the next move is either selling into 13030/65 or buying below 12950.
LEVELS: 12923 12941 12982 13030 13065 13126
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Today was perforated strong upper zone fractals 3010 that gave a strong signal to buy the pair continues to move along its northern mid-term trend in favor of growth received one additional signal-to-4-hour chart moving alligator crossed to the north.
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