Now there's someone who'll be having a few beers tonight! I've just closed out, which means it'll probably storm higher!! Have a great weekend all. EU will go toward 1.400....
Now there's someone who'll be having a few beers tonight! I've just closed out, which means it'll probably storm higher!! Have a great weekend all. EU will go toward 1.400....
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as we can see on the chart , the pair is trading under the level of 1.3800 , any way if the pair succeeded in breaking 1.3800 , it will continue in it's up movements heading to 1.3840 and then 1.3900
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The Euro has been going back and forth within the current range, retreating first from 1.3845 high, to reach 1.365 low on US session and bounce back again, retracing most of the previous decline to consolidate below 1.3810 in Asia, with 1.3760 offering support.
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the chart and as we can see on it is showing the pair has succeeded in closing it's daily candle above level 1.3700 , and that's mean the up trend is still standing and the pair might head to 1.3850 and then 1.3900
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chart M15-
In M15 chart we can see a good support & resistance area between 1.3806 to 1.3763
wait for breaking this range. go for buy if its break resistance with 1.3842 tp
sell if this break its support trend with 1.3672
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EUR/USD rose during the session as traders piled back into the Euro again on hopes of some kind of deal being worked out between Germany and France.
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the trading now above the level of 1.3700 will make the uptrend expected and the pair might continue in it's upmovements heading to 1.3800 and then 1.3850 and that's before bouncing from the resistance levels
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This pair is oversold on Stochastics and RSI so i think the down trend is turn back a little. But we must wait for news from Europe Zone today to enter the market
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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.
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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