Eur/Usd

[Sondag]

Cabelling with Sterling, its difficult to see the reverse signal for this pair. I expect this pair may go lower than 1.2460. My target for todays bearish movement is only 1.2400. The scenario will be fail if this pair reach higher than 1.2520

[vampire]

After I see on yesterday price - the candle was success break that low fibo 1.2515 = of course, I see the more bearish on this EURUSD pair as long as the price can not break again to more up that Low fibo 1.2515. And nice Sell Op yes here now with max. Sl of course can be set at above that Low fibo level, I see.
[IMG][/IMG]

[kudro1997]

Actually its must be currently must be careful cause the condition of the economy in Europe is still in a crisis situation.so keep on the sikapi with attention of economic of country.with Greek state debt and still waiting for a coiled retractable bailouts of banks in Greece.G8 still attempts defend Greece to keep using euro currency.

[smrkaes]

Eur/Usd tested today June 2010 resistance at 12467 . Then back going up 12509.
I hope market now going down next support 1.2353 something .
best of Luck

[purohit]

EUR/USD showed sharp fall after opening on monday. It gets support near 1.2410 as it is a stong supoort. We will see some bounce from here

[GembeL_FOREX]

for the pair EURUSD currently must be careful, because the condition of the economy in Europe is still in a crisis situation. so keep on the sikapi with attention to economic issues of the country. as with the Greek State debt and still waiting for a coiled retractable bailouts of banks in Greece. G 8 still attempts to defend Greece to keep using the euro currency.

[ashaab]

After touching the detected entry point around 1.2575, the pair started to show a bearish tendency as seen on the provided chart. The secondary image of the four-hour interval proves that the bearish trend is still strong as the pair continued forming long upper shadows. A break below the psychological level of 1.2500 will accelerate the downside actions .



Recommendation : Based on the charts and explanations above our opinion is, selling the pair around 1.2575 targeting 1.2380 and stop loss above 1.2730 might be appropriate.

[mahmoud mohamed tawfik]

despite the fact that the price is moving close to the minimum three is still astrong possiblity of the correction theoretically wave (4) has to be equal to wave (2) but very soon i will see how it will be in prectice in any case the forecast of the price movement is still bearish and apossible future correction is nothing but agood opportunity to open several more orders

[BDforex]

The RSI is mixed to bearish. Trader can take short position at the price 1.2590 with targets at 1.2495 and 1.2470. If it go to opposite direction above 1.2600 then go to upward movement with targets at 1.2630 and 1.2686.

[vampire]

The bearish movement on this EURUSD still look till now - we see the yesterday candle also still to be more probably strong bearish here - but, I see the more bearish on EURUSD can be start again after truly the price now can break more down to that Low fibo 1.2495. So, as long as the price can not break more down to that Low fibo = I call this still sideways and wait and see = yes better idea here for now.