EUR/UUSD just turned back to the Neckline to retest it. 1.3020.
Now it should go further down to 1.2950.
Here we should see another bounce to 1.2970.
Final target for the fall of eur/usd is 1.2840 for now. Strong supports are here located
EUR/UUSD just turned back to the Neckline to retest it. 1.3020.
Now it should go further down to 1.2950.
Here we should see another bounce to 1.2970.
Final target for the fall of eur/usd is 1.2840 for now. Strong supports are here located
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Eur/usd pivot levels by using fibonacci pivot indicator.
r3: 1.3125
r2: 1.3099
r1: 1.3082
pivot : 1.3055
s1: 1.3029
s2: 1.3012
s3: 1.2985
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Pullback if we see any shall only be very short term, talks are on that the Eurozone is heading into a recession and so investors will feel safe pouring into the U.S. dollar, that is why usd is turning stronger and euro is coming on its knees.
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Daily analysis about trend is sell
Resistance and Supporting level is :
1> Resistance is : 1.1388
2>Resistance is : 1.1401
3>Resistance is: 1.1415
1> Supporting is : 1.1360
2>Supporting is: 1.1347
3>Supporting is: 1.1333
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this is my analysis for EURUSD pair , hopefully it will be good & understandable and help you to earn good profit in trading
simple moving average chart for this pair seen as an indicator as smoothly up movement, so it is possible that the breakdown of the resistance level at 1.1421 and the pair will continue to go down to the next level level at 1.1446
in my personal view this pair will be continue bullish trend, for intraday trading today I suggest SELL at the level 1.1416 stop loss at the level 1.1381 target take profit at the level 1.1461
if market movement as my scenario, you can earn good profit and avoid much loss in your trade
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I try to make analysis for eurgbp pair today.Eur/Usd
Recommendation Trend is :Sell
Recommendation : Based on the charts and explanations above, we remain neutral for now awaiting more confirmations for the next move.
Resistance level
1 Resistance level :1.1401
2 Resistance level :1.1409
3 Resistance level :1.1423
Support level
1 Support level : 1.1373
2 Support level : 1.1365
3 Support level : 1.1351
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
Regaerd :Kaka
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Daily analysis about trend is sell
Resistance and Supporting level is :
1> Resistance is : 1.1399
2>Resistance is : 1.1414
3>Resistance is: 1.1427
1> Supporting is : 1.1372
2>Supporting is: 1.1358
3>Supporting is: 1.1345
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EUR/USD formed a temporary low at 1.1370 and intraday bias is turned neutral first. But further decline is expected as long as 1.1489 minor resistance holds. We’re holding on to the case that corrective rise from 1.1215 has completed earlier than expected at 1.1569. Deeper fall should be seen to 1.1307 support. Break there will likely resume larger down trend from 1.2555 through 1.1215 low. On the upside, above 1.1489 minor resistance will turn bias back to the upside for 1.1569 instead.
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I just need to make an update about my HEW-count from yesterday.... I believe I was to bearish in this down-move...
Here you can find the update
yesterday I thought we could see more downward pressure but after the rejection of the support 1.1379. I think we must prepare for a bullish move now (towards 1.1447-71)
I get a real conformation of this if my channel is broken on 1H-timeframe (1.1404) a break of 1.1394 at 1H-Close would be the first positive indication
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Todays eur/usd Resistance & Support
Resistance
1-Resistance 1.1343
2-Resistance 1.1384
3-Resistance 1.1361
Support
1-Support 1.1328
2-Support 1.1320
3-Support 1.1303
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