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The position of the current price is below the 50 EMA on the H4 chart, momentum is bearish
The position of the current MACD cross the line above the area 0, the momentum is bearish
Trend today: bearish
Target today:1.3033
Thread: Eur/Usd
The position of the current price is below the 50 EMA on the H4 chart, momentum is bearish
The position of the current MACD cross the line above the area 0, the momentum is bearish
Trend today: bearish
Target today:1.3033
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EURUSD had been rejected by the support level at 1.3167 . So, I still expect that EURUSD will be rejected and try to reach the resistance level at 1.3261 or higher.This bullish scenario may fails if EURUSD fall and break 1.3160 support level.
EURUSD Daily chart
EURUSD is facing uptrend line. I'm curious about tommorow's opening. I think facing trendline is low risk - high reward trade so i'm sure there are some buyers waiting to open long position. The last candles shows that buyers came to the market.
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eur/usd analysis for 02.25.2013 by using : pivot indicator.
r3:1.3392
r2:1.3341
r1:1.3264
pivot :1.3213
s1:1.3136
s2:1.3085
s3:1.3008
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The price rebounced from initial Support 2 of LWMA Lines @1.3144 in H4 graph, so i expect the price will make further retracement at fibonacci 38.2% @1.3254 or fibonacci 61.8% @1.3321.
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Eur/Usd currency pair is very good for trading. I observed mostly trader doing the forex trade in this currency paid. This currency paid also gives the profit if the trader understand the trend and read the data of the American economy. I prefer this currency pair from others.
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Pair : EURUSD
Updated : Sun, Feb 24 15:58
Price : 1.3191
Movement : 2.9 Pips
Movement : 0.02%
Support : 1.3095
Pivot : 1.3194
Resistance : 1.3292
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My outlook for the pair EUR / USD from 25.02.2013 to 03.01.2013! On the basis of technical analysis. Assuming the upward adjustment in the levels of 1.3271 (61.8% Fibonacci level), 1.3350 (50.0% Fibonacci level! And for those waiting for resumption of the downtrend towards 1.3300 1.3051
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i love trading this currency due to concetration in the market of the trens and other good staff in the market and that way i know will always make sure that there is al lot in the market.
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At the moment, the course is in the lower part of the channel Bollinger and in my opinion is expected in the near future growth rate. For quite a long course can not break the level of 1.31, so in the near future should happen rebound from this level. The goal when making purchases using the 1.3313 level. Sales plan seen except after breaking 1.31.
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