Eur/Usd

[raihan8212]

U.S. consumer confidence rose to the highest level since February 2008 in October, industry data showed on Thursday.

In a report, the Conference Board, a market research group said its index of consumer confidence rose to 72.2 in October from a reading of 68.4 in September, whose figure was revised down from 70.3.

Analysts had expected the index to rise to 72.5 in October.

Commenting on the report, director of The Conference Board Consumer Research Center Lynn Franco said, “Consumers were considerably more positive in their assessment of current conditions, with improvements in the job market as the major driver.”

Following the release of the data, the U.S. dollar remained modestly lower against the euro, with EUR/USD adding 0.08% to trade at 1.2970.

Meanwhile, U.S. equity markets were higher after the open. The Dow Jones Industrial Average rose 1%, the S&P 500 index gained 0.75%, while the Nasdaq Composite index advanced 1.05%.

---------- Post added at 09:43 PM ---------- Previous post was at 09:36 PM ----------

The euro was almost unchanged against the U.S. dollar on Thursday, following the release of stronger-than-expected U.S. data on employment, manufacturing and consumer confidence.

EUR/USD hit 1.2982 during U.S. morning trade, the session high; the pair subsequently consolidated at 1.2964, up just 0.03%.

The pair was likely to find support at 1.2885, Tuesday�s low and resistance at 1.3019, Wednesday�s high.

The euro came off session lows after the U.S. Department of Labor said the number of individuals filing for initial jobless benefits fell to 363,000 last week from 372,000 the previous week, compared to expectations for a decline to 370,000.

The previous week�s figure was revised up to 372,000 from a previously reported 369,000.

The data came on the heels of a report showing that U.S. private sector employment increased more-than-expected in October.

Payroll processing firm ADP said the U.S. private sector added 158,000 jobs this month, surpassing expectations for an increase of 135,000.

The previous month�s figure was revised down to a gain of 88,200 from a previously reported increase of 162,000.

Also Thursday, the Institute for Supply Management said its index of U.S. purchasing managers rose to a five-month high of 51.7 in October from a reading of 51.5 in September.

A separate report showed that U.S. consumer confidence rose to the highest level since February 2008 in October.

The euro�s gains were limited amid ongoing uncertainty over when Spain may request a bailout and whether Greece will secure the next tranche of its bailout funding.

Investors also remained cautious ahead of U.S. data on nonfarm payrolls on Friday and the U.S. presidential elections next week.

[najmul.djd]

eur/usd technical analysis by using : average directional movement index

adx : 27.3229
+di : 12.0960
-di : 28.6630
timeframe : 1 hour

time : 2000
date : 01.11.2012

[Bieela_cute]

Elliott: flat correction down 1.2883
It should be subject to more weakness towards 1.2918. After which a correction to above 1.2976 is anticipated. A break of 1.2892 is bearish.
Technical points
Key point 1.2927
Entry point 1.2945
Elliott 1.3021
Closing 1.2944
Projection 1.2883
Trendline 1.2983
Trendline 1.2945
Supports / Resistances
Res 2 1.3008
Ex-High 1.2983
Res 1 1.2976
Pivot 1.2950
Sup 1 1.2918
Ex-Low 1.2925
Sup 2 1.2892

[tradergalau]

Yesterday, EURUSD almost touched the resistance level at 1.2987 but it failed. After that, EURUSD fall again. Now, I think EURUSD is trying to reach the support level at 1.2908. Then, if EURUSD can break that support level, this pair may fall more deeper to the next support level at around 1.2823. But if fail to break, EURUSD may rebound on that support and go up again to the resistance level at 1.2987.http://i.imgur.com/ydzTw.gif

[erespe]

EURUSD, well I think this pair still want to move lower. I prefer to have short position today with target set at Tuesday's low 1.2885.

[raihan8212]

The Euro was lower against the U.S. Dollar on Friday.

EUR/USD was trading at 1.2929, down 0.10% at time of writing.

The pair was likely to find support at 1.2886, Monday�s low, and resistance at 1.3020, Wednesday�s high.

---------- Post added at 10:13 AM ---------- Previous post was at 10:09 AM ----------

The Euro was higher against the U.S. Dollar on Friday.

EUR/USD was trading at 1.2943, up 0.01% at time of writing.

The pair was likely to find support at 1.2886, Monday�s low, and resistance at 1.3020, Wednesday�s high.

[secret alibi]

As we can see on H1 chart bullish momentum was
rejected around 1.3020 area and closed lower at
1.2963. This fact postpones the bullish scenario and
turns my nearest term bias back to a neutral zone
but the triple bottom bullish scenario should remain
intact. Immediate support remains around 1.2930
area, a clear break back below that area could
trigger further bearish pressure testing 1.2880 key
intraday support area. Another consistent break
and daily close below 1.2880 will cancel the triple
bottom bullish scenario testing 1.2860 & 1.2750
major support.

Resistance Level : 1.2970, 1.3020, 1.3140
Support Level : 1.2930, 1.2880, 1.2750
Trading Range : 1.2880 – 1.3020
Trend : Neutral

[great white]

EURUSD is now in uptrend from 1.2883, the fall from 1.3020 would possibly be correction of the uptrend.
Another rise could be expected after correction, and next target would be at 1.3100 area.
Support remains at 1.2883, only break below this level could trigger another fall to test 1.2803 support.

[yudijoni]

Bearish EURUSD Reversal look at the hourly chart patterns are likely to decline over the longer test low level 1.2885. By looking at its RSI indicator, stochastic and volume likely further look at 1.2882 with resistance at 1.2930 level.
http://financeroll.co.id/wp-content/uploads/2012/11/euro-snd-02.png

[hodhod2000]

No change in EUR/USD's outlook.. Consolidations from 1.3171 could extend and below 1.2882 will bring another fall to 1.2803. But downside should be contained by 50% retracement of 1.2255 to 1.3171 at 1.2713 to conclude the consolidation and bring rebound. On the upside, above 1.3023 minor resistance will turn bias back to the upside. Sustained break of 1.3171 will confirm that rise from 1.2042 has finally resumed and should target 1.3486 key resistance, which is close to 50% retracement of 1.4939 to 1.2042 at 1.3491.

[salah.bmw]

The pair has closed again below SMA 20 despite moving within a tight range as seen on the provided daily chart. In the interim, technical indicators are turning negative suggesting potential downside actions but we need a clear breakout below 1.2935 and preferably below the weekly PP -pivot point- at 1.2880. On the upside, any break above 1.3080 will give us a reason for concern.

http://www.dohaup.com/up/2012-11-02/admin1471066012.png (http://www.dohaup.com/)

[VANDA_S]

http://sadpanda.us/images/1236834-CEMFN1A.png
At the H4 chart, the price is below 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Target: 1.2800

[raihan8212]

The Euro was lower against the U.S. Dollar on Friday.

EUR/USD was trading at 1.2904, down 0.29% at time of writing.

The pair was likely to find support at 1.2886, Monday�s low, and resistance at 1.3020, Wednesday�s high.

[new-FX]

http://img189.imageshack.us/img189/3370/imagejf.gif

Keep EUR / USD on the lateral stability within range while SMA 50 continues to form a good support for the barrier intraday trading.

Continued trading side remain intact and are likely, with attention to the unemployment and wages data expected for the day from the U.S. economy, which has caused mixed and strong trading for the pair.

[Alex]

Pair again came to the strong level of support in 2889 and it looks like the beginning of its breach, if the course will be able to strengthen below it - I was going to sell in order to at least about 2800 figures.

[Emma]

Couple almost one candle was able to overcome two strong mid-level (inclined and horizontal support level 2885) on the daily chart pair broke through the sliding alligator (a change of trend), while waiting for the resumption of decline for sale.

[hodhod2000]

The trading range for today is among key support at 1.2750 and key resistance at 1.3110.

The general trend over short term basis is to the downside targeting 1.1865 as far as areas of 1.3550 remain intact.

[Robi]

Almost one strong movements pair overcame long and sloping and horizontal support level 2885, like in the near future about the north you can forget, for now is the support of 2800.

[winstead]

EURUSD is now in uptrend from 1.2883, fall from 1.3020 is probably just a correction. Another rise could be expected after correction, and next target would be at 1.3100 area.

[raihan8212]

The euro pushed lower against the U.S. dollar on Friday, dropping to a three-week low after the release of upbeat U.S. employment data boosted demand for the greenback, while euro zone debt concerns continued to weigh on the single currency.

EUR/USD hit 1.2848 during European afternoon trade, the pair's lowest since October 11; the pair subsequently consolidated at 1.2858, dropping 0.65%.

The pair was likely to find support at 1.2804, the low of October 1 and resistance at 1.2951, the session high.

The Bureau of Labor Statistics said that the U.S. economy added 171,000 jobs in October, far more than the expected 125,000 increase.

The previous month's figure was revised up from 114,000 to 148,000.

The report also showed that the U.S. unemployment rate ticked up to 7.9% last month from 7.8% in September, in line with expectations.

Meanwhile, the euro remained under pressure after Markit research group earlier said that Spain's manufacturing purchasing managers' index fell more-than-expected in October, ticking down to 43.5 from a reading 0f 44.6 the previous month.

Analysts had expected the manufacturing PMI to fall to 44.0 in October.

Separately, Italy's manufacturing PMI fell to 45.50 last month, from 45.70 in September, disappointing expectations for a reading of 45.90.

[najmul.djd]

eur/usd technical analysis by using : average directional movement index

adx : 34.7619
+di : 8.2984
-di : 18.2399
timeframe : 1 hour

time : 2000
date : 02.11.2012

[raihan8212]

The dollar rose against most major global currencies on Friday after the U.S. October jobs report beat expectations, sparking demand for U.S. assets.

Investors opted for the greenback over stocks and other risk-on assets due to the proximity of U.S. presidential elections on Tuesday.

In U.S. trading on Friday, EUR/USD was down 0.87% at 1.2830.

The U.S. Bureau of Labor Statistics revealed earlier on Friday that the U.S. economy added 171,000 jobs in October, beating out analysts' calls for a gain of around 125,000, which sparked demand for U.S. assets.

The headline unemployment rate rose to 7.9% from 7.8% in September.

Investors snapped up greenback positions on the news, though they stopped short of engaging in a full risk-on session.

The economy didn't add enough jobs to reflect a more robust U.S. recovery.

Some analysts have said the economy should create at least 250,000 a month on an ongoing basis before recovery really gains steam.

U.S. voters go to the ballot box on Tuesday to elect a new president, and polls do not indicate that either President Barack Obama or his Republican challenger, Mitt Romney, have emerged as a clear frontrunner up to now.

Investors went long on the dollar on the last Friday before Election Day to ride out electoral uncertainty.

Results could have major long-range impacts on the dollar.

Mitt Romney has suggested he opposes the Federal Reserve's loose policies, including quantitative easing, under which the Fed buys bonds held by banks, pumping the economy full of liquidity to depress borrowing costs to spur recovery.

Fed Chairman Ben Bernanke's term ends in January of 2014, and a Romney victory could up the chances that today's head of the U.S. central bank could be replaced by a more hawkish figure.

In the more immediate future, a fast-approaching fiscal adjustment is due to strike the U.S. economy.

At the end of this year, the Bush-era tax cuts and other tax benefits expire at the same time pre-programmed cuts to government spending take effect, a combination known as a fiscal cliff that could send the country into recession if left unaddressed by Congress.

With elections behind them, a new Congress and the White House may be more willing to address politically unpopular tax and spending issues, though investors began to stock up on greenbacks in anticipation of political indecisiveness and market volatility.

The dollar also saw support on weak Spanish factory data.

The Markit research group reported that Spain's manufacturing purchasing managers' index fell more than expected in October, dropping to 43.5 from a reading 0f 44.6 the previous month.

The Markit research group reported that Spain's manufacturing purchasing managers' index fell more than expected in October, dropping to 43.5 from a reading 0f 44.6 the previous month.

Analysts were expecting a reading of 44.0.

Meanwhile, Italy's purchasing managers' index fell to 45.50 in October from 45.70 in September, disappointing expectations for a reading of 45.90.

---------- Post added at 09:50 AM ---------- Previous post was at 09:41 AM ----------

The euro fell against the dollar on Friday even though the U.S. government revealed the economy picked up more payrolls than expected in October, which would normally spark a risk-on trading session that would weaken the dollar.

A Spanish purchasing managers' index disappointed, which fueled demand for the greenback.

In U.S. trading on Friday, EUR/USD was trading down 0.77% at 1.2843, up from a session low of 1.2837, and off from a high of 1.2947.

The pair is likely to find support at 1.2837, the earlier low, and resistance at 1.2947, the earlier high.

The U.S. Bureau of Labor Statistics revealed earlier that the U.S. economy added 171,000 jobs in October, beating out analysts' calls for a gain of around 125,000.

The headline unemployment rate rose to 7.9% from 7.8% in September.

While the number fueled some demend for risk, investors snapped up greenback positions after stock markets shrugged of the jobs report.

The economy didn't add enough jobs to reflect a more robust U.S. recovery.

Some analysts have said the economy should create at least 250,000 a month on an ongoing basis before recovery really gains steam.

Disappointing Spanish production figures also stoked demand for the dollar.

The Markit research group reported that Spain's manufacturing purchasing managers' index fell more than expected in October, dropping to 43.5 from a reading 0f 44.6 the previous month.

Analysts were expecting a reading of 44.0.

Meanwhile, Italy's purchasing managers' index fell to 45.5 in October from 45.7 in September, disappointing expectations for a reading of 45.9.

Dollar demand also remained firm amid uncertainty surrounding U.S. presidential elections on Tuesday, with neither President Barack Obama or his Republican challenger, Mitt Romney, emerging as a front runner.

---------- Post added at 09:52 AM ---------- Previous post was at 09:50 AM ----------

European stocks closed higher Friday despite disappointing manufacturing data from Italy and Spain, as strong U.S. payroll data lifted shares.

At the close of European trade, the EURO STOXX 50 gained 0.43%, France’s CAC 40 climbed 0.40%, while Germany’s DAX 30 gained 0.35%.

Sparking the risk on equity trade, U.S. non-farm payrolls rose more-than-expected last month, official data showed on Friday.

In a report, the U.S. Department of Labor said non-farm payrolls rose to a seasonally adjusted 171K, from 148K in the preceding month whose figure was revised up from 114K.

Analysts had expected U.S. non-farm payrolls to rise 125K last month.

Markit research group said that Spain's manufacturing purchasing managers' index fell more-than-expected in October, ticking down to 43.5 from a reading 0f 44.6 the previous month.

Analysts had expected the manufacturing PMI to fall to 44.0 in October.

Separately, Italy's manufacturing PMI fell to 45.50 last month, from 45.70 in September, disappointing expectations for a reading of 45.90.

Meanwhile, investors remained cautious amid uncertainty over when Spain may request a bailout and whether Greece will secure the next tranche of its bailout funding.

Financial stocks were broadly lower, as shares in French lenders BNP Paribas and Societe Generale declined 0.26% and 0.80%, while Germany's Deutsche Bank tumbled 1%.

Peripheral lenders added to losses, with Italian banks Unicredit and Intesa Sanpaolo retreating 0.40% and 1.02%, while Spain's BBVA and Banco Santander declined 0.67% and 0.40% respectively.

Meanwhile, Alcatel-Lucent plunged 6.55% after saying that third-quarter net loss was EUR146 million, beating the average analyst estimate calling for a loss of EUR149.1 million. Sales declined 2.8% to EUR3.6 billion.

In London, FTSE 100 eased higher by 0.03%.

Financial stocks were mixed, as shares in HSBC Holdings dropped 0.35% and Barclays declined 0.44%, while the Royal Bank of Scotland tumbled 1.22%. Lloyds Banking overperformed on the other hand, with shares adding 0.20%.

The RBS said earlier that third-quarter net loss was GBP1.38 billion after setting aside GBP400 million more to compensate clients wrongly sold loan insurance. Analysts had forecast a loss of GBP276 million pounds.

Mining giants BHP Billiton and Rio Tinto were also on the upside, as shares advanced 0.51% and 0.69%, while copper producers Xstrata and Kazakhmys rose 0.22% and 0.48%.

In the U.S., equity markets reversed course, trading lower midsession with the Dow Jones down 0.32%, the S&P 500 off 0.08% and the Nasdaq lower by 0.34%.

---------- Post added at 09:52 AM ---------- Previous post was at 09:52 AM ----------

The euro continued to push lower against the U.S. dollar on Friday, after the release of upbeat U.S. jobs data, while sustained concerns over the handling of the debt crisis in the euro zone weighed on demand for the single currency.

EUR/USD hit 1.2837 during U.S. morning trade, the pair's lowest since October 11; the pair subsequently consolidated at 1.2846, sliding 0.74%.

The pair was likely to find support at 1.28004, the low of October 1 and resistance at 1.2951, the session high.

The greenback strengthened broadly after the Bureau of Labor Statistics said that the U.S. economy added 171,000 jobs in October, far more than the expected 125,000 increase.

The previous month's figure was revised up from 114,000 to 148,000.

The report also showed that the U.S. unemployment rate ticked up to 7.9% last month from 7.8% in September, in line with expectations.

Meanwhile, the euro remained under pressure after Markit research group earlier said that Spain's manufacturing purchasing managers' index fell more-than-expected in October, ticking down to 43.5 from a reading 0f 44.6 the previous month.

Analysts had expected the manufacturing PMI to fall to 44.0 in October.

Separately, Italy's manufacturing PMI fell to 45.50 last month, from 45.70 in September, disappointing expectations for a reading of 45.90.

[Suvra Datta]

Eu is now overlosd in RSI according to me. So it will go upward from next Monday. So I will go for long. thanks. :)

[rashedul]

Initial activity at 1.4305 (Jun 2 low) followed by 1.4257 (May 30 low). Initial resistance is now settled at 1.4711 (76.4% return of 1.4940-1.3970) followed by 1.4800 (big illustration opposition)

[Vamos]

On Friday, the U.S. dollar began to rise a little, the pair formed a mini trend down ... but then the figure of 28 is very strong support on the daily chart, but I think if all the pair manages to consolidate below this point the markets began to stir much faster ..

[amni570]

USD/JPY continues to range trade. The rate is undermined by selling of yen crosses amid subdued risk appetite (VIX fear gauge rose 4.44% to 18.6) as U.S. stocks closed narrowly mixed overnight (DJIA down 0.08%, S&P up 0.02%) following a two-day shutdown caused by Hurricane Sandy. Investor sentiment dented after...

---------- Post added at 06:54 PM ---------- Previous post was at 06:51 PM ----------

The euro yesterday exceeded the weekly pivot 1.2967 and managed to return back to Fractal 1.3005, up 1.3020. Now it is showing a small correction, it is likely that the euro could fall to 1.2920, but the most likely that if the pair traded above 1.2967, the bullish movement extends to 1.3120. There are many resistances above 1.3150,...

---------- Post added at 07:04 PM ---------- Previous post was at 06:54 PM ----------

Providing the factor of safety based on the Thursday�s rise, the British pound has dropped a little more than the euro. However, it did not change the uptrend. At 13:30 (UTC+4) Consumer Credit data for October is released. Net Consumer Spending is forecast to be 0.6bln pounds higher against 0.4bln drop in September. Mortgage...

[manikah]

For positive NFP report of US government USD currency value will go high and currency pair EURUSD go to 1.2840 .But next week it will go again uptrend.Tuesday US people select their next president,for this reson US official work will not work properly.So MY expectation next week eurusd will go upward.

[asmakhatun]

Mart unsealed with any gap on unfavorable side so we may be few more driblet and then market faculty mate that Gap and proceed in uptrend.

[raihan8212]

hey bro Cable, remember post, last months close was so imprtant, It was very nice trade signal, probably best of all ladies, many trader were try long her, I post many charts & even suggest if want to long her or eu is better to not touch buy button and sit on hands
I have couple charts which prepared last month ready for nov open, I will little time to update fridays pa and will get you

---------- Post added at 04:49 PM ---------- Previous post was at 04:47 PM ----------

With the breach of the 2 months support, looks like EURUSD 1.35 will have to wait a bit longer as S/T focus now shifted down to the 1.2900~1.2700 traverse zone..

GBPUSD daily Sell Fractal after another failed test at the 2 month TL.. S/T bias for another probe down to the 1.5950~1.5850 support zone..

EURGBP backing off from .8150 after another rejection.. looking for .79 again..

EURJPY 3rd rejection from weekly TL.. pausing above 103 defying gravity with USDJPY having another go at the L/T TL, another rejection & break below 80 again will be troublesome for EURJPY & EURUSD bulls..

[suzonbmw03]

Initial support at 1.4305 (Jun 2 low) followed by 1.4257 (May 30 low). i think price won't move to that level even in some 2-3 days, almost 300 pips, which analysis you following?

[hazem.hassan]

Market opened with some gap on negative side so we may be some more drop
and then market will cover that Gap and continue in uptrend.

[hodhod2000]

EUR/USD's fall from 1.3138 extended further last week and initial bias is mildly on the downside this week for 1.2803 support and below. Overall outlook remains unchanged though. That is, price actions fro 1.3171 should be a consolidation pattern only. Hence, downside should be contained by 50% retracement of 1.2255 to 1.3171 at 1.2713 to conclude the consolidation and bring rebound. Sustained break of 1.3138/71 will confirm that rise from 1.2042 has finally resumed and should target 1.3486 key resistance, which is close to 50% retracement of 1.4939 to 1.2042 at 1.3491

[dollar]

On Friday eur/usd has a very good down movement and price reached to 1.2828. if we look up in h4 chaer then we can see a very popular candlestick pattern formation that is doji. I hop market will open with some gap and up movement is expected till 1.2960

[mdjoy50]

Market opened with some gap on negative forum post good business thanks like indian

[Bieela_cute]

Elliott: extension wave down 1.2765
Market should not go lower than 1.2784. After this move down it should go up to 1.2917 area.
Warning: Imminent end of bearish move
Technical points
Key point 1.2816
Entry point 1.2872
Elliott 1.3021
Closing 1.2835
Projection 1.2797
Trendline 1.2940
Trendline 1.2919
Supports / Resistances
Res 2 1.2998
Ex-High 1.2951
Res 1 1.2917
Pivot 1.2869
Sup 1 1.2787
Ex-Low 1.2822
Sup 2 1.2740

[nsudy]

today eur/usd should going up until 1.2883. because the price is always has an action and reaction. after the action is bound to happen a reaction. the action in last week is down. so, a reaction for today usually will go up for some pips.

[yousef3elwan]

yaaaaaaaaaaa support at 1.4305 (Jun 2 low) followed by 1.4257 (May 30 low). Initial resistance is now located at 1.4711 (76.4% retrace of 1.4940-1.3970) followed by 1.4800

[dollar]

Today’s technical analysis for 5.11.2012
Price is open below the pivot point-
Resistance 3- 1.3043
Resistance 2- 1.2997
Resistance 1- 1.2914
Pivot point- 1.2867
Support 1- 1.2784
Support 2- 1.2738
Support 3- 1.2655
Stochastic oscillator- in h1 chart the pair is totally show over sold and price is also open with some gap. So up movement is expected till daily resistance 2- 1.2997

[nurdiantofxwave]

At friday ago, eur/usd felt down until gone to under weekly pivot level (1.2892). This is a long downward movement for eur/usd, although in wednesday ago, price can make highest price in around 1.3000 level. price may continue down in this day, if short term trend still bearish.

[raihan8212]

The euro fell to a one-month low against the broadly stronger U.S. dollar on Friday, as demand for the greenback was boosted by better-than-expected U.S. jobs data, while uncertainty over the U.S. presidential elections also weighed on market sentiment.

EUR/USD hit 1.2949 on Friday, the session high; the pair subsequently consolidated at 1.2832, 0.84% lower for the week.

The pair is likely to find support at 1.2753, the low of September 11 and resistance at 1.2949, Friday�s high.

The U.S. Department of Labor said the economy added 171,000 jobs in October, beating forecasts for an increase of 125,000. The unemployment rate ticked up to 7.9% from 7.8% in September as more people re-entered the labor force.

The stronger-than-expected data saw investor�s trim back expectations for another round of quantitative easing by the Federal Reserve, bolstering demand for the greenback.

The dollar also found support amid uncertainty over the outcome of Tuesday�s U.S. presidential elections, with opinion polls indicating a dead heat between President Barack Obama and Republican challenger Mitt Romney.

Investors are concerned over the U.S. fiscal cliff, approximately USD600 billion in tax hikes and spending cuts due to come into effect on January 1, which could threaten U.S. and global growth.

Sentiment on the single currency was hit by ongoing uncertainty over when Spain may request a bailout and whether Greece can implement austerity measures in order to secure the next tranche of its bailout funding.

Earlier Friday, a report showed that the final euro zone manufacturing purchasing managers� index for October came in at 45.4, contracting for the 15th successive month as output and new orders fell.

In the coming week, investors will be anticipating the outcome of Tuesday�s U.S. presidential elections and looking ahead to policy meetings by the Bank of England and the European Central Bank on Thursday.

In addition, market participants will be awaiting any further developments in the handling of the debt crisis in the euro zone.

Ahead of the coming week, Forexpros has compiled a list of these and other significant events likely to affect the markets.

Monday, November 4

The euro zone is to produce a report on investor confidence, an important indicator of economic health. Elsewhere, Spain is to publish official data on employment change, a leading indicator of economic health, as well as data on service sector activity.

In the U.S., the Institute of Supply Management is to publish data on service sector activity.

Tuesday, November 6

In the euro zone, Germany is to produce official data on factory orders, a leading indicator of production.

In the U.S, voting in the U.S. presidential elections is to take place.

Wednesday, November 7

The euro zone is to produce official data on retail sales, the leading indicator of consumer spending, which accounts for the majority of overall economic activity, while Germany is to produce official data on industrial production, a leading indicator of economic health.

The U.S. is to publish government data on crude oil stockpiles.

Thursday, November 8

In the euro zone, the eurogroup of finance ministers are to hold talks in Brussels to discuss financial issues in the bloc. In addition, the ECB is to announce its benchmark interest rate. The announcement is to be followed by a press conference with ECB President Mario Draghi to discuss the monetary policy decision.

Also Thursday, the U.S. is to publish official data on the trade balance as well as the weekly government report on initial jobless claims.

Friday, November 9

In the euro zone, France and Italy are to release official data on industrial production.

The U.S. is to round up the week with preliminary data from the University of Michigan on consumer sentiment, a leading indicator of economic health.

---------- Post added at 07:49 AM ---------- Previous post was at 07:48 AM ----------

The euro fell against the dollar on Monday as investors sought safety in the greenback to see who will win Tuesday's presidential elections in the U.S.

Concerns Greek policymakers won't agree on austerity targets needed for a fresh shot of bailout money pushed the euro down as well.

In Asian trading on Monday, EUR/USD was trading down 0.08% at 1.2826, up from a session low of 1.2817, and off from a high of 1.2835.

The pair is likely to find support at 1.2817, the earlier low, and resistance at 1.3020, Wednesday's high.

President Barack Obama and his challenger, Republican Mitt Romney, are neck and neck in the polls.

With no clear winner, investors have flocked to safety of the dollar before Tuesday's elections, which continued to bolster the unit in early Asian trading on Monday.

On Friday, the U.S. Bureau of Labor Statistics revealed that the U.S. economy added 171,000 jobs in October, beating out analysts' calls for a gain of around 125,000.

The headline unemployment rate rose to 7.9% from 7.8% in September, as more unemployed workers jumped into the labor force by actively seeking work.

While better than expected, the jobs number depicts an economy that is still too weak to significantly improve its labor force by absorbing both unemployed workers and those entering the work force for the first time.

Some analysts have said the economy should create at least 250,000 a month on an ongoing basis before recovery really gains steam.

Meanwhile in Greece, the government will present an austerity plan calling for EUR13.5 billion in spending cuts and tax hikes to Parliament on Monday in the face of strikes.

Greece must approve the reforms and pass a new budget to free up some EUR31.5 billion in aid arranged by the International Monetary Fund, the European Commission and the European Central Bank.

Some coalition politicians have said they oppose certain austerity measures that call for wage cuts.

---------- Post added at 07:50 AM ---------- Previous post was at 07:49 AM ----------

The Euro was lower against the U.S. Dollar on Sunday.

EUR/USD was trading at 1.2824, down 0.10% at time of writing.

The pair was likely to find support at 1.2817, today’s low, and resistance at 1.3020, Wednesday’s high.

[raihan8212]

The euro fell to a one-month low against the broadly stronger U.S. dollar on Friday, as demand for the greenback was boosted by better-than-expected U.S. jobs data, while uncertainty over the U.S. presidential elections also weighed on market sentiment.

EUR/USD hit 1.2949 on Friday, the session high; the pair subsequently consolidated at 1.2832, 0.84% lower for the week.

The pair is likely to find support at 1.2753, the low of September 11 and resistance at 1.2949, Friday’s high.

The U.S. Department of Labor said the economy added 171,000 jobs in October, beating forecasts for an increase of 125,000. The unemployment rate ticked up to 7.9% from 7.8% in September as more people re-entered the labor force.

The stronger-than-expected data saw investor’s trim back expectations for another round of quantitative easing by the Federal Reserve, bolstering demand for the greenback.

The dollar also found support amid uncertainty over the outcome of Tuesday’s U.S. presidential elections, with opinion polls indicating a dead heat between President Barack Obama and Republican challenger Mitt Romney.

Investors are concerned over the U.S. fiscal cliff, approximately USD600 billion in tax hikes and spending cuts due to come into effect on January 1, which could threaten U.S. and global growth.

Sentiment on the single currency was hit by ongoing uncertainty over when Spain may request a bailout and whether Greece can implement austerity measures in order to secure the next tranche of its bailout funding.

Earlier Friday, a report showed that the final euro zone manufacturing purchasing managers’ index for October came in at 45.4, contracting for the 15th successive month as output and new orders fell.

In the coming week, investors will be anticipating the outcome of Tuesday’s U.S. presidential elections and looking ahead to policy meetings by the Bank of England and the European Central Bank on Thursday.

In addition, market participants will be awaiting any further developments in the handling of the debt crisis in the euro zone.

Ahead of the coming week, Forexpros has compiled a list of these and other significant events likely to affect the markets.

Monday, November 4

The euro zone is to produce a report on investor confidence, an important indicator of economic health. Elsewhere, Spain is to publish official data on employment change, a leading indicator of economic health, as well as data on service sector activity.

In the U.S., the Institute of Supply Management is to publish data on service sector activity.

Tuesday, November 6

In the euro zone, Germany is to produce official data on factory orders, a leading indicator of production.

In the U.S, voting in the U.S. presidential elections is to take place.

Wednesday, November 7

The euro zone is to produce official data on retail sales, the leading indicator of consumer spending, which accounts for the majority of overall economic activity, while Germany is to produce official data on industrial production, a leading indicator of economic health.

The U.S. is to publish government data on crude oil stockpiles.

Thursday, November 8

In the euro zone, the eurogroup of finance ministers are to hold talks in Brussels to discuss financial issues in the bloc. In addition, the ECB is to announce its benchmark interest rate. The announcement is to be followed by a press conference with ECB President Mario Draghi to discuss the monetary policy decision.

Also Thursday, the U.S. is to publish official data on the trade balance as well as the weekly government report on initial jobless claims.

Friday, November 9

In the euro zone, France and Italy are to release official data on industrial production.

The U.S. is to round up the week with preliminary data from the University of Michigan on consumer sentiment, a leading indicator of economic health.

[VANDA_S]

http://i.imgur.com/v35kL.png
At the H4 chart, the price is below 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Target: 1.2638

[amni570]

Important $EURUSD support comes in the 1.2885 area as a break below opens up the key suppport levels around 1.2835 and below. cashed out Aussie short from 1,0406 @1,0384/+22

[new-FX]

http://img689.imageshack.us/img689/443/imageee.gif

Pair Eur / USD passively strong last Friday to settle trading near support for the sideway range at 1.2800, where it is still confined within this price range

Unexpected lateral movement in the short term and expect to be rising towards the top of the target levels of 1.3000 and then 1.3145, but taking into account that break the 1.2800 level will open the door towards low levels start at 1.2725 then 1.2605

[great white]

EURUSD is facing 1.2803 support again, a breakdown below this level will indicate that lengthier consolidation of the uptrend from 1.2042 is underway,
then deeper decline to 1.2600-1.2700 area to complete the consolidation could be seen.
Resistance is at 1.2900, only break above this level could bring price back to the trading range between 1.2803 and 1.3171.

[FxBD]

For US president election trader should be careful about trading. Trader should watch very closely and try to understand economical condition. I think election impact strongly in this market. So be careful guys.

[secret alibi]

On 4H chart, falling Moving Average 50-100-
200 will keep euro inside its bearish channel.
Downside pressures also highlight by falling
RSI. But, stochastic is in oversold area and
that could provide short-term upward
correction. Nevertheless, upward movement is
limited and may stall near MAs. Still prefer to
hold short position with stop-loss at 1.3020
and bearish target at 1.2630. 1.2880 and
1.2950 (October 26 low and November 2 high)
are resistance. 1.2800 and 1.2755 (October 1
and September 10 low) are support.

Resistance Level : 1.2880, 1.2950, 1.3015
Support Level : 1.2800, 1.2755, 1.2700
Trading Range : 1.2770 – 1.2880
Trend : Bearish

[raihan8212]

The euro fell against the dollar on Monday as investors sought safety in the greenback to see who will win Tuesday's presidential elections in the U.S.

Concerns Greek policymakers won't agree on austerity targets needed for a fresh shot of bailout money pushed the euro down as well.

In Asian trading on Monday, EUR/USD was trading down 0.08% at 1.2826, up from a session low of 1.2817, and off from a high of 1.2835.

The pair is likely to find support at 1.2817, the earlier low, and resistance at 1.3020, Wednesday's high.

President Barack Obama and his challenger, Republican Mitt Romney, are neck and neck in the polls.

With no clear winner, investors have flocked to safety of the dollar before Tuesday's elections, which continued to bolster the unit in early Asian trading on Monday.

On Friday, the U.S. Bureau of Labor Statistics revealed that the U.S. economy added 171,000 jobs in October, beating out analysts' calls for a gain of around 125,000.

The headline unemployment rate rose to 7.9% from 7.8% in September, as more unemployed workers jumped into the labor force by actively seeking work.

While better than expected, the jobs number depicts an economy that is still too weak to significantly improve its labor force by absorbing both unemployed workers and those entering the work force for the first time.

Some analysts have said the economy should create at least 250,000 a month on an ongoing basis before recovery really gains steam.

Meanwhile in Greece, the government will present an austerity plan calling for EUR13.5 billion in spending cuts and tax hikes to Parliament on Monday in the face of strikes.

Greece must approve the reforms and pass a new budget to free up some EUR31.5 billion in aid arranged by the International Monetary Fund, the European Commission and the European Central Bank.

Some coalition politicians have said they oppose certain austerity measures that call for wage cuts.

[mahmoud mohamed tawfik]

short positions at 1.2860 with 1.2800 and 1.2750 as next targets

the breakout of 1.2860 will call for arebound towards 1.2890

[forexking2]

EURUSD trading passively strong last Friday to settle trading near support for the sideway range at 1.2800, where it is still confined within this price range

[romannil]

Eur/usd technical analysis for 05.11.2012 by using : Auto pivot indicator.

resistance 3:1.3054
resistance 2:1.3003
resistance 1:1.2923

pivot point :1.2872

support 1:1.2792
support 2:1.2741
support 3:1.2661

[raihan8212]

The euro was little changed close to a five-week low against the U.S. dollar on Monday, after Friday�s stronger-than-expected U.S. jobs report bolstered demand for the greenback.

EUR/USD hit 1.2816 during late Asian trade, the pair�s lowest since October 1; the pair subsequently consolidated at 1.2834, dipping 0.01%.

The pair was likely to find support at 1.2753, the low of September 11 and resistance at 1.2941, Friday�s high.

The U.S. Department of Labor said the economy added 171,000 jobs in October, beating forecasts for an increase of 125,000. The unemployment rate ticked up to 7.9% from 7.8% in September as more people re-entered the labor force.

The stronger-than-expected data saw investor�s trim back expectations for another round of quantitative easing by the Federal Reserve.

The dollar also found support amid uncertainty ahead of Tuesday�s U.S. presidential elections.

Meanwhile, the euro remained under pressure amid ongoing uncertainty over when Spain may request a bailout and whether Greece can implement austerity measures in order to secure the next tranche of its bailout funding.

---------- Post added at 02:41 PM ---------- Previous post was at 02:36 PM ----------

The dollar rose against most major global currencies on Monday as investors snapped up safe-harbor greenback positions to await the results of Tuesday's presidential elections in the U.S.

President Barack Obama and challenger Mitt Romney are running neck and neck in the polls, fueling electoral uncertainty that made the dollar an attractive safe haven to ride out uncertainty,

In Asian trading on Monday, EUR/USD was down 0.05% at 1.2829.

U.S. voters go to the ballot box on Tuesday to elect a new president, and polls do not indicate that either President Barack Obama or Mitt Romney have emerged as a clear frontrunner up to now.

Results could have major long-range impacts on the dollar.

Mitt Romney has suggested he opposes the Federal Reserve's loose policies, including quantitative easing, under which the Fed buys bonds held by banks, pumping the economy full of liquidity to depress borrowing costs to spur recovery.

Fed Chairman Ben Bernanke's term ends in January of 2014, and a Romney victory could up the chances that today's head of the U.S. central bank could be replaced by a more hawkish figure.

In the more immediate future, a fast-approaching fiscal adjustment is due to strike the U.S. economy.

At the end of this year, the Bush-era tax cuts and other tax benefits expire at the same time pre-programmed cuts to government spending take effect, a combination known as a fiscal cliff that could push the country into recession if left unaddressed by Congress.

With elections behind them, a new Congress and the White House may be more willing to address politically unpopular tax and spending issues, though investors have begun to stock up on greenbacks in anticipation of political indecisiveness and market volatility.

The dollar also continued to see demand after the U.S. Bureau of Labor Statistics revealed the U.S. economy added 171,000 jobs in October, beating out analysts' calls for a gain of around 125,000.

The headline unemployment rate rose to 7.9% from 7.8% in September, as more unemployed workers jumped into the labor force by actively seeking work.

The news sparked sentiments that the Federal Reserve may hold off on any plans to beef up its ongoing round of quantitative easing, under which the U.S. central bank buys USD40 billion in mortgage debt from banks each month to spur recovery.

[Alex]

Couple with the beginning of this week continued south decline, already broken, and 200 moving on the daily chart is also not sustainable long-term support in 2830, the course is now trading below 2800 figures, the way to the bottom of clear, objective-2700.

[Emma]

So ended the correctional stage, the pair again began falling in the afternoon schedule was a change of trend (moving alligator crossed to the south), on smaller time frames - signal 3 signal lines continued decline.

[Emma]

\\\\So ended the correctional stage, the pair again began falling in the afternoon schedule was a change of trend (moving alligator crossed to the south), on smaller time frames - signal 3 signal lines continued decline.\\\\

[Emma]

||||So ended the correctional stage, the pair again began falling in the afternoon schedule was a change of trend (moving alligator crossed to the south), on smaller time frames - signal 3 signal lines continued decline.||||

[salah.bmw]

After breaking the main ascending trend line for the whole bullish wave that started from 1.20�s, the pair retested the bottom of the main range-bound that has been confining price action for the past couple of weeks. The bottom of the range coincides with the 200-days SMA and the key support around 1.2800 level, in addition to that another key support resides at 1.2750. Meanwhile

http://www.dohaup.com/up/2012-11-05/admin389369446.png (http://www.dohaup.com/)

[hodhod2000]

Intraday bias in EUR/USD remains on the downside for the moment. Consolidation pattern from 1.3171 is still in progress and would extend lower. But we'd expect downside to be contained by 50% retracement of 1.2255 to 1.3171 at 1.2713 to conclude the consolidation and bring rebound. Sustained break of 1.3138/71 will confirm that rise from 1.2042 has finally resumed and should target 1.3486 key resistance, which is close to 50% retracement of 1.4939 to 1.2042 at 1.3491.

[secret alibi]

Buy : 1.5970, 1.5935
TP : 1.6060
Stoploss : 1.5900

Sell : 1.6060, 1.6090
TP : 1.5940
TP : 1.5940

Resisten : 1.2865, 1.2912
Support : 1.2782, 1.2736
Range : 1.2727 - 1.2850

[Robi]

On the 4 hour chart clearly visible (as yet unconfirmed) channel, the rate slowed his movements around its lower boundary, MASD (hourly chart) formed a divergence, I think that will be the growth of the north.

[winstead]

If today is a correction for the area nearest the target is 1.2900 area. If this continues it will rise towards 1.2950 area which is the area of ​​previous support and resistance.

[raihan8212]

The U.S. dollar was broadly higher against the other major currencies on Monday, as investors remained jittery ahead of U.S. presidential elections on Tuesday and a critical Greek parliamentary vote later in the week.

During U.S. morning trade, the dollar was trading close to a two-month high against the euro, with EUR/USD down 0.42% to 1.2782.

The single currency was weighed by concerns over whether Greece�s parliament would approve a package of spending cuts and tax hikes in a vote on Wednesday, which will determine if Athens receives its next tranche of financial aid.

Meanwhile, investors were focused on the outcome of Tuesday�s U.S. elections, with opinion polls pointing to a close race between incumbent President Barack Obama and Republican challenger Mitt Romney.

---------- Post added at 11:10 PM ---------- Previous post was at 10:37 PM ----------

The euro was trading close to a two-month low against the U.S. dollar on Monday, as investor demand for riskier assets was hit ahead of Tuesday�s U.S. presidential elections and a critical Greek austerity vote.

EUR/USD hit 1.2768 during U.S. morning trade, the pair�s lowest since September 11; the pair subsequently consolidated at 1.2776, shedding 0.46%.

The pair was likely to find near-term support at 1.2753, the low of September 11 and resistance at 1.2841, the session high.

Demand for the greenback was underpinned as investors focused on the outcome of Tuesday�s U.S. elections, with opinion polls pointing to a close race between incumbent President Barack Obama and Republican challenger Mitt Romney.

The single currency remained under selling pressure amid concerns over whether Greece�s parliament would approve a package of spending cuts and tax hikes in a vote on Wednesday, which will determine if Athens receives its next tranche of financial aid.

The U.S. dollar remained supported after official data on Friday showed that the U.S. economy added 171,000 jobs in October, beating forecasts for an increase of 125,000 and boosting the U.S. economic outlook.

---------- Post added at 11:11 PM ---------- Previous post was at 11:10 PM ----------

Service sector activity in the U.S. grew at a slower rate than expected in October, but still expanded for the 34th consecutive month, industry data showed on Monday.

In a report, the Institute of Supply Management said its non-manufacturing purchasing manager's index fell to 54.2 in October from a reading of 55.1 in September.

Analysts had expected the index to decline to 54.5 in October.

On the index, a reading above 50.0 indicates the non-manufacturing sector economy is generally expanding, below 50.0 indicates the sector is contracting.

The New Orders Index declined to 54.8 from 57.7, while the Employment Index rose to 54.9 from 51.1.

The Prices Paid Index dipped to 65.6 from a reading of 68.1 in September.

Following the release of the data, the U.S. dollar held on to gains against the euro, with EUR/USD dipping 0.4% to trade at 1.2784.

Meanwhile, U.S. stock markets remained lower. The Dow Jones Industrial Average shed 0.3%, the S&P 500 index declined 0.35%, while the Nasdaq Composite index eased down 0.1%.

[najmul.djd]

eur/usd technical analysis by using : average directional movement index

adx : 12.2675
+di : 13.5051
-di : 13.9139
timeframe : 1 hour

time : 1900
date : 05.11.2012

[Vamos]

Well, it seems a couple of finally breaking out of the stagnation lower limits 1.2800 ... like the U.S. dollar starts to grow throughout the market ... so weak against the euro to fall ... I think the first goal for the pair 1.2620 ...

[hodhod2000]

The trading range for this week is expected among key support at 1.2750 and key resistance at 1.3150.

The general trend over short term basis is to the downside targeting 1.1865 as far as areas of 1.3550 remain intact.

[Chaudhry]

Eur.usd bi aik acha trading pair hay magar is kay analysis lena thora sa mushkil hay or is ki trading strategy bi samaj nahi ati kisi din bohat high hota hay per kisi din bohat low mujay theek tarah say is pair ki samaj nahi aye abi tak.

[Bieela_cute]

Elliott: extension wave down 1.2765
It may meet resistance in 1.2796 - 1.2802 zone for a drift down to 1.2762 zone, after which bounce to 1.2837 is anticipated.
Warning: End of trend
Technical points
Key point 1.2787
Entry point 1.2781
Elliott 1.3021
Closing 1.2796
Projection 1.2712
Trendline 1.2855
Trendline 1.2735
Supports / Resistances
Res 2 1.2877
Ex-High 1.2843
Res 1 1.2837
Pivot 1.2802
Sup 1 1.2762
Ex-Low 1.2768
Sup 2 1.2727

[Jobs]

Well I think that what we see on the 15 min chart is the standard picture ... was a continuation of the trend spurt struck down several important support levels and that sucks at nightfall, so that when you open a couple of large sites think will go even lower ....

[dollar]

In h4 chart we can see bullish engulfuing candlestick pattern but still need for confirmation. if current candle is bullish then price will move up direction and try to hit 1.2850 price level. today we can see bullish movement that may be as a retracement.

[raihan8212]

The euro tracked lower against the dollar on Tuesday as investors sold the single currency on fears Greece will face home-grown opposition to austerity measures needed to secure bailout money.

The dollar, meanwhile, saw support ahead of presidential elections in the U.S. later in the day.

In Asian trading on Tuesday, EUR/USD was trading down 0.02% at 1.2794, up from a session low of 1.2793, and off from a high of 1.2803.

The pair is likely to find support at 1.2768, Monday's low, and resistance at 1.2842, Monday's high.

President Barack Obama and his Republican challenger Mitt Romney are running neck and neck in the polls, sending investors selling higher-yielding currencies and running to the safety of the dollar to await the results.

Meanwhile, concerns continued to build that Greece will run into opposition to austerity measures imposed on the country by European and multilateral creditors in exchange for bailout money.

The Greek government has sought approval for an austerity plan calling for EUR13.5 billion in spending cuts and tax hikes from Parliament, though coalition politicians have balked.

Greece must approve the reforms and pass a new budget to free up some EUR31.5 billion in aid arranged by the International Monetary Fund, the European Commission and the European Central Bank.

Some coalition politicians have said they oppose wage cuts.

Greek Prime Minister Antonis Samaras has said proposed wage cuts are the last, though investors still sidestepped the single currency to avoid uncertainty.

Greece's lawmakers due to vote on the austerity proposal on Wednesday, which could determine if Athens receives its next shot of rescue funding.

Trading was mixed, which allowed the euro to bottom out and drift into positive territory occasionally.

[great white]

EURUSD breaks below 1.2803 support, and the fall from 1.3020 extends to as low as 1.2767. Further decline would likely be seen, and next target would be at 1.2700 area. Initial resistance is at 1.2850, as long as this level holds, the downtrend will continue. Key resistance is at the downward trend line on 4-hour chart, only a clear break above the trend line resistance could trigger another rise towards 1.3500.

[secret alibi]

As we can see on H1 chart, the triple bottom
formation was broken and price slipped below
MA200 day. This fact suggest bearish reversal
scenario which will be confirmed by a clear
break below 1.2735 key support area. The
bias is bearish in nearest term, immediate
resistance is seen around 1.2890 area, a clear
break above that area could change the
intraday bias back to bullish retesting 1.3000
key resistance area.

Resistance Level : 1.2890, 1.3000, 1.3140
Support Level : 1.2735, 1.2680, 1.2575
Trading Range : 1.2890 – 1.2680
Trend : Bearish

[VANDA_S]

http://sadpanda.us/images/1241391-LMUHPUJ.png
At the H4 chart, the price is below 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
21 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Target: 1.2519

[nurdiantofxwave]

EUR/USD drop down from level daily pivot level (1.2801) and had crossed down monthly support 1 level (1.2794). Now, price move down to weekly support 1 level (1.2765). This level may hold price for downward movement today.

[Alex]

It looks like a pair of completed corrective phase and resumes falling to the south, is still holding back the support level of 2770 (week low) to confirm the resumption of the southern trend (and sold) waiting for his breakout.

[forexking2]

The pair continued bearish pressure yesterday to continue attempts to break the sideway range support at 1.2800, closing daily candle close to him.

[Emma]

Added another sale, a couple do not want to start moving up the alligator, + false break even in 2800 the figure was not supported by the bulls, the course again back below 2800 figures, and from her I'm waiting resumption of decline.

[secret alibi]

Buy : 1.2777, 1.2727
TP : 1.2888
Stoploss : 1.2680

Sell : 1.2877, 1.2902
TP : 1.2727
Stoploss : 1.2940

Resisten : 1.2833, 1.2875
Support : 1.2755, 1.2724
Range : 1.2727 - 1.2850

[ddukic]

EUR/USD 06/11/2012 - 4h and 1h Chart Analysis

http://fxlisting.net/images/eurusd240-06112012.jpg

EUR/USD 4 HOURS CHART

SUGGESTIONS: We should not forget the two Fibo scales. The one marked by the blue arrow indicates the �****es� upward. The Fibo scale with the red arrow indicates the downward move.

Please note the previous �double top� set up at the level of Fibo ****e 3.23. The same Fibo scale has �****es� of higher ****e like, 4.25 � 5.78 � 6.85. In other words, I do not exclude unequivocally the possibility to observe a return to the up movement of this parity. In this case, the swings we are observing as of September 16th 2012 are only a �sideways� correction that will only give more strength to this parity. Will the result of the American Elections generate the required energy? We will see in the near future sessions.

Vice-versa, the Fibo scale marked with red arrow indicates the down move. As you can see the parity is just on the �verge of the cliff�. If we lose the �triple bottom� set up we will try the support levels indicating in the chart.

EUR/USD 60 MINS

http://fxlisting.net/images/eurusd60-06112012.jpg

SUGESTIONS: By now it is simple. Above the pink colored horizontal line you stay long. Below the same colored line you stay short.

Technically speaking, if the parity will not succeed to recover the �d4� trend line, the parity will follow the magenta colored channel �d5-d6�. Future intermediate targets, 1,2680 � 1,2571 � 1,2436 and below.

If the parity succeeds to recover the �d4� trend line, we may observe an up move. First upward target the 200SMA. For the time being, the parity is in the center of the �triple bottom� set up and we must be ALERTED for the evolution of the parity after the result of the American Elections.

[mahmoud mohamed tawfik]

short posituions at 1.2810 with 1.2770 and 1.2750 as next targets

rhe breakout of 1.2830 will call for arebound towards 1.2860

[Robi]

While the couple does not want to go north to perfect the double bottom, the course can not be strengthened above 2800 mark, the purchase will be considered only if the resumption of growth in 2810 with the release of the above, the sale of the same - at the break of the support 2770.

[forexking2]

Levels trading range for this week is among the key support at 1.2750 and the major resistance at 1.3000.
The general trend over the short term negative targeting 1.1865 levels as long as the levels of 1.3550

[rohan 4350]

eur usd is very good pair for doing trading because the movement of this pair is very fast also it gives so much profit from its trading the new buy should have to start their trading with this pair so that they earn very much profit

[hodhod2000]

Intraday bias in EUR/USD remains on the downside at this point and deeper fall would be seen. Consolidation pattern from 1.3171 is still in progress and would extend lower. But we'd expect downside to be contained by 50% retracement of 1.2255 to 1.3171 at 1.2713 to conclude the consolidation and bring rebound. Above 1.2882 minor resistance will flip bias back to the upside. Sustained break of 1.3138/71 will confirm that rise from 1.2042 has finally resumed and should target 1.3486 key resistance, which is close to 50% retracement of 1.4939 to 1.2042 at 1.3491.

[winstead]

After EURUSD moved up and stuck in the 1.2796 to 1.2802 zone is possible to follow the movement right down to 1.2760, after that as anticipated, EURUSD can move back up towards 1.2837.

[hodhod2000]

The trading range for today is expected among key support at 1.2750 and key resistance at 1.3000.

The general trend over short term basis is to the downside targeting 1.1865 as far as areas of 1.3550 remain intact

[Bieela_cute]

Elliott: correction zigzag 1.2892
Structure suggests that it could fall to 1.2776 while below 1.2820 area. A rise above 1.2839 is bullish.
Warning: End of trend
Technical points
Key point 1.2833
Entry point 1.2798
Elliott 1.2764
Closing 1.2814
Projection 1.2862
Trendline 1.2788
Trendline 1.2810
Supports / Resistances
Res 2 1.2864
Ex-High 1.2826
Res 1 1.2839
Pivot 1.2801
Sup 1 1.2776
Ex-Low 1.2764
Sup 2 1.2739

[tradergalau]

EURUSD has been rejected by the 1.2823 resistance level. Now, I think EURUSD has a chance to fall and reach the support level at around 1.2731. But be careful, EURUSD may rise if EURUSD can break the yesterday's high at 1.2826. https://dropbox.com/s/jpil7nqiqh19byg/eu%20daily.gif?m

[nurdiantofxwave]

Yesterday, EUR/USD able to retraced up after touched weekly support 1 level (1.2765). Price gone up more than 50 pips from this level. Then price closed in positif area at 1.2814. In this asian market session, price can not keep position, so that it back down and has break down monthly support 1 level (1.2794). price is being shown down strong now.

[dollar]

this pair is try to move slowlly in up direction there is no quick down side movement. price is trying to come in side of fovour in buller side. if we draw the fibo on last high and low than we find price is may be touch its fibo 38.2 level 1.2740.
after touching this price we can see up movement to till 1.2800.

[abank_forex]

I'm using SMA and bollinger bands. yesterday the price able to retrace but couldn't break the lower of bollingerbands period 30 (magenta/ which shows the weekly trend). I set the fibo (magenta) to measure the weekly wave. if the price cannot break the SD -1.0, I think SD -0.5 will be the target, instead the price can pass the SD -1.0 the sandy brown MA (SMA period 480) maybe will be the target.

http://s9.postimage.org/py28qbkxb/prediction.gif

[sholeh0500]

Forexpros - The euro softened against the dollar in Asian trading on Wednesday as the whole world awaited the results of U.S. presidential elections, with investors remaining parked in the safe-harbor greenback to ride out the nail-biting uncertainty.

In Asian trading on Wednesday, EUR/USD was trading down 0.17% at 1.2792, up from a session low of 1.2788, and off from a high of 1.2810.

The pair is likely to find support at 1.2764, Tuesday's low, and resistance at 1.2827, Tuesday's high.

Polls were still open in parts of the U.S. and closing elsewhere at the time of writing, with key swing states too close to call as early results trickled in.

Electoral uncertainty sparked demand for the dollar, a safe-haven asset popular amid times of uncertainty.

Elsewhere, investors braced for a parliamentary vote in Greece later Wednesday on a new round of austerity measures Athens must secure to tap its next installment of bailout money.


Some members of the government coalition have balked at the government's proposed wage cuts and tax hikes.

[raihan8212]

The dollar rose against most major global currencies on Wednesday as investors holed up in the safe and liquid greenback to await election results in the U.S., which were still undecided at the time of writing.

In Asian trading on Wednesday, EUR/USD was down 0.02% at 1.2811.

The dollar traded higher against most global currencies as investors waited to see how presidential elections came out in the U.S., with the race too close to call in key battleground states.

At the time of writing, results have come in largely within expectations, with two swing states � Pennsylvania and Wisconsin � voting for President Barack Obama.

However, key states including Florida, North Carolina, Ohio and Virginia have yet to indicate a winner at the time of writing, which kept investors on edge.

Results could push either President Obama or Republican challenger Mitt Romney into office, which kept investors on edge and away from risk.

Results could have major long-range impacts on the dollar, as Mitt Romney has said he favors an end to the Federal Reserve's loose monetary policies, which have significantly weakened the greenback.

Elsewhere, investors braced for a parliamentary vote in Greece later Wednesday on a new round of austerity measures Athens must secure to tap its next installment of bailout money.

Some members of the government coalition have balked at the government's proposed wage cuts and tax hikes.

Meanwhile investors largely shrugged off data revealing that German factory orders dropped 3.3% in September, worse than expectations for a 0.5% decline.

---------- Post added at 09:42 AM ---------- Previous post was at 09:41 AM ----------

The euro softened against the dollar in Asian trading on Wednesday as the whole world awaited the results of U.S. presidential elections, with investors remaining parked in the safe-harbor greenback to ride out the nail-biting uncertainty.

In Asian trading on Wednesday, EUR/USD was trading down 0.17% at 1.2792, up from a session low of 1.2788, and off from a high of 1.2810.

The pair is likely to find support at 1.2764, Tuesday's low, and resistance at 1.2827, Tuesday's high.

Polls were still open in parts of the U.S. and closing elsewhere at the time of writing, with key swing states too close to call as early results trickled in.

Electoral uncertainty sparked demand for the dollar, a safe-haven asset popular amid times of uncertainty.

Elsewhere, investors braced for a parliamentary vote in Greece later Wednesday on a new round of austerity measures Athens must secure to tap its next installment of bailout money.


Some members of the government coalition have balked at the government's proposed wage cuts and tax hikes.

Meanwhile investors largely shrugged off data revealing that German factory orders dropped 3.3% in September, worse than expectations for a 0.5% decline.

[romannil]

Eur/usd technical analysis for 07.11.2012 by using : Auto pivot indicator.

resistance 3:1.2904
resistance 2:1.2866
resistance 1:1.2840

pivot point :1.2802

support 1:1.2776
support 2:1.2738
support 3:1.2712

[forexking2]

Expected trading range for today is between: Support 1.2725 and resistance 1.3000
General tendency is expected for the day: both sides of the

[nsudy]

USD is weak and EUR is strong. so, today EUR/USD will go up until 1.2872-1.2902 and then go down again. it will go down again because daily range for EUR/USD on Wednesday is about 90 until 120 pips and then going down for a few pips before continues it trend on Thursday.

[winwinwindu]

USD is weak and EUR is strong. so, today EUR/USD will go up until 1.2872-1.2902 and then go down again. it will go down again because daily range for EUR/USD on Wednesday is about 90 until 120 pips and then going down for a few pips before continues it trend on Thursday.

i think 1.2890 is a strong resistant area, if the price can not be at the break by the price, it is possible that the EU will go down to the grassroots level

[ahmed fakhry]

The pair has broken neck line 1.28630 of the Head and Shoulders figure. The pair will declined to 1.26897 is stays below 1.28630.
Resistance: 1.28630, 1.30277, 1.31674
Support: 1.26897, 1.25690, 1.23907

[sonyole]

Simple analysis of EUR / USD, 7 November 2012.
In the European session, the daily range already stands at 93 pips, it likely that the pair EUR / USD will be corrected down first, before continuing the trend buy. In order to sell the destination, are 1.2839 (resistance 1). Indicators MACD and AO on the H1 time frame trend still shows buy.

[new-FX]

http://img195.imageshack.us/img195/7655/imageup.gif

The pair continued euro / USD positive and this reinforces expectations consistently lateral movement on the intraday range.

Will rise now likely to target 1.3000 initially, and supports stochastic awaited positive, indicating that the breach of 1.2800 would postpone achieving the awaited goal

[Macintosh]

For the Asian session the pair EUR / USD went to the top ... and put her in the resistance level 1.2880 which used to support .. see that the current price is parabolic rounded down again, and also shows the Stochastic indicator ... so expect the decline to 1.2820 and possibly below ..

[mahmoud mohamed tawfik]

long positions at 1.2820 with 1.2885 and 1.2915 as next targets

the breakout of 1.2810 will call for a rebound towards 1.2760

[Alex]

Pair has completed the corrective southern movement and it seems again to resume northern growth forward their point of call in the purchase, the first goal - resistance of 2870 but I think it becomes a strong obstacle for the bulls.

[Emma]

Pair up again fall to the south, the course effortlessly managed to overcome the support of 2826 and is now trading below it, like the bears again resumed their onslaught, starting with only the sales goal may be to support 2769.

[ahmed fakhry]

During the Asian trading session the Euro was trading lower due to still continued to be presented fears that Greece will experience difficulties with the Parliament approval of budget cutting in order to get the next tranche of international loans of 31.5 billion euros. Recall that tomorrow Parliament should approve a new round of austerity measures. The EUR / USD pair traded in the range of $ 1.2780-$1.2800. The European PPI in September rose by 2.7 % in year to year term versus forecasted 2.6% and against 2.7% in a month earlier. The PMI indices in services in Spain and Italy exceeded analysts' expectations, reaching 41.2 and 46.0 respectively. The results of French and the Eurozone’s Purchasing Manager Index for Services disappointed markets falling to 44.6 and 46.0 respectively in spite of the expected improvement. The EUR / USD pair during the European session rose to $ 1.2813.

[zola18]

Trading EURUSD now stable above 1.2820 we continue to anticipate the rise pair towards 1.2900 first goal and the second goal towards the level of 1.2980 and MACD gives positive signals
Support 1.2708
Resistance 1.2897

[hodhod2000]

The recovery from 1.2763 pushed 4 hours MACD above signal line and turned intraday bias in EUR/USD neutral. Focus is now on 1.2882 minor resistance. Break will be the first sign of completion of whole consolidation pattern from 1.3171. In that case, intraday bias will be flipped back to the upside for a test on 1.3138/71 resistance zone. Break will confirm that rise from 1.2042 has finally resumed and should target 1.3486 key resistance, which is close to 50% retracement of 1.4939 to 1.2042 at 1.3491. On the downside, in case of another fall, we'd expect downside to be contained by 50% retracement of 1.2255 to 1.3171 at 1.2713 to conclude the consolidation and bring rebound.

[Robi]

Showed a very strong reduction pair EUR / USD, a course easily broke strong support 2772, after such a movement can begin correction while to get into the market is dangerous, but you can forget about buying, selling will do if re-testing 2770.

[winstead]

EURUSD bounced near the key support at 1.2748. Observe the short-term resistance at 1.2894. Another horizontal resistance at 1.3023. Support per hour at 1.2827 (intraday).

[rklover]

Heyy i'm on big losses with my e/u trade today.. i thought it will continue to up but it is down. my friend told me that if obama win then usd will be stronger. and its happen.
I ithink it will test 1.2720 and if it break it will go down to the grassroot. double top occure and confirmed. and now its heading 1.24xx

[yudijoni]

EURUSD is heading support 1.2790 and 1.2780. If invisibility will make it easier to test 1.2762/52. Extension selling below 1.2750 opens opportunities towards strong support, 1.2700. Efforts to maintain the bullish rhythm to go through initial resistance 1.2846/56, then 1.2875. strong resistance, 1.2919. Area anticipation bullish reversal is 1.2780/90; 1.2762/52 and 1.2700/10. Area anticipation bearish reversal is 1.2846/56; 1.2875 and 1.2919
http://financeroll.co.id/wp-content/uploads/2012/11/euro7november2012-b.png

[suzonbmw03]

Market opened with some gap on negative side so we may be some more drop and then market,i think price won't move to that level even in some 2-3 days, almost 300 pips.

[shakil7142]

ERU/USD is very important part for every forex trader.They are coming new trader in forex,most of the trader trade in this currency.

[marciano]

I am seeing EURUSD bearish since US open and after US president election, will this continue, me myself think will have correction for EUR till 1.2800 then only will flow down to next support 1.27, we see how.

[rubel_dc]

Eur/Usd today so much ups and down. i made a good profit in the beginning when it goes high but then i loose all my money in the end... that hurt me a lot..... now i am upload again to start new trade........

[dollar]

Today’s technical analysis
Resistance 3- 1.2992
Resistance 2- 1.2934
Resistance 1- 1.2852
Pivot point- 1.2794
Support 1- 1.2712
Support 2- 1.2654
Support 3- 1.2572
In h4 chart time frame we can see that pair is over sold as per stoch . indicator. I hope this pair will move more down side and trying to touch 1.2654 if it break 1.2850 then its upmovement is expected.

[yudijoni]

EUR / USD back under pressure after touching 1.2875 level yesterday. The weakening of the euro going up to the 1.2735 level against the USD and the level is now a key support for today. Breakdown of support will strengthen bearish bias and the EUR / USD is expected to continue the bearish movement towards the range of 1.2701 - 1.2664.

On the other hand, there is the possibility of a pullback will occur up to the Fibonacci resistance area in the range of 1.2788 - 1.2821 due to oversold indications have been seen on the stochastic and CCI 1 hour. Strategies that can be done is to seek confirmation signal / bearish pattern in the above mentioned resistance area for short positions. If anything, the EUR / USD is likely to slip back at least to the range of 1.2768 - 1.2735.

Intraday bias will turn bullish if resistance at 1.2821 broke. It will also open up opportunities for the euro to strengthen up to around 1.2842 - 1.2875. If that happens, the bearish scenario above will fail.

[forexking2]

Expected trading range for today is between: Support 1.2650 and resistance 1.2910
General tendency is expected for the day: up

[new-FX]

http://img189.imageshack.us/img189/1205/imagebh.gif

The pair EUR / USD breach of support for the sideway range 1.2800 and settled without him, stopping expectations rise, which was aimed at intraday levels of 1.3000

Is likely to continue trading side for some time, taking into account that the breach of 1.2725 will push the price down and then confirm the exit side of the band, which controls the trading recently.

[ahmed fakhry]

Despite the fact that during the Asian session the EUR / USD pair rose for more than half figure to $ 1.2875 on the victory of Democrat Obama at the U.S. election by the end of the European session the pair was trading below the low of the previous day. For reducing of the euro contributed the lowering of forecasts for GDP in euro area by Euro Commission. The report said that this year the two regions will be in a recession, the EU economy and the euro zone which will face a decline by 0.3% and 0.4 % respectively, despite the expectations of growth of 0.4% to 0.1 % in 2013. The pressure on the euro increased after the retail sales in the eurozone fell again by 0.2 % in September with forecasted -0.1%, while the annual rate improved from -0.9% (revised from -1.3 %) to 0.8%, exceeding the forecast -1.0%. The industrial production in Germany by 1.8 % m / m in September fell, while was expected to decline by 0.5 % m / m. The euro lost all its gained positions and fell to 1.2736 against the dollar.

[pulpyfx]

Showed a strong decline in EUR / USD, a course strongly support fragile 2772, after correction of the movement can begin to enter the market while dangerous, but you can forget about buying, selling will be done if the retest 2770.

[rmizanur]

It is my favorite pair for trade. The reason for favorite is for its lower spread and more volatile than other pair, I have done so much profit from it when news published. It has composed two most major pair usd and euro, I think all trader prefer this pair.

[toyfur2]

Find the current Euro US Dollar rate and gain access to our EUR USD converter, charts, historical data, news, and more.

[Bieela_cute]

Elliott: irregular flat correction down 1.2703
It looks more likely that it would rise to 1.2853 - 1.2934 from 1.2754 or 1.2713. After which a downside move is expected.
Warning: Engulfing pattern
Technical points
Key point 1.2770
Entry point 1.2811
Elliott 1.3021
Closing 1.2771
Projection 1.2605
Trendline 1.2801
Trendline 1.2801
Supports / Resistances
Res 2 1.2934
Ex-High 1.2876
Res 1 1.2853
Pivot 1.2795
Sup 1 1.2713
Ex-Low 1.2737
Sup 2 1.2655

[winstead]

After a minor consolidation, EURUSD continued its downward movement from 1.3138, and extends decline to 1.2736 level. A further reduction is likely to be seen, and next target would be at 1.2650 area.

[hodhod2000]

The trading range for today is expected among key support at 1.2750 and key resistance at 1.3000.

The general trend over short term basis is to the downside targeting 1.1865 as far as areas of 1.3550 remain intact

[dollar]

In day chart today eur/usd crossed its fibo 38.3 level 1.2737 nuw just wait that price must close below this level.
if price close below then 1.2737 we can expected that eur/usd will more move down side and my be hit its fibo level 50 at 1.2620

[ahmed fakhry]

The pair has broken neck line 1.28630 of the Head and Shoulders figure. The pair is aiming to 1.26897.
Resistance: 1.28630, 1.30277, 1.31674
Support: 1.26897, 1.25690, 1.23907

[itsmenadim]

EUR/USD one of the most successful forex pairs. Most of the people use this pair so much that it's become the mandatory to trade, because its rate is always up-and down so you may get good profit by investing is this pair.

[uabaid]

Strong support is @1.2660 and now oscallator at the oversell area and RSI at 30 level thats mean in daily chart that it will be in up trend after this weakend so here is buy oppertunity which you can catch.

[tradergalau]

EURUSD reversed strongly yesterday and now I think this pair is in bearish pressure ,EURUSD may touches the support level at 1.2731 today. Then, if EURUSD also can break that support level, this pair may continue falling and the next target is at around 1.2640 as the next support level of EURUSD.

[suyati]

yesterday I experienced loss 50 pips since eu decreased again, probably because Obama was elected president again so usd go up against all currencies, but currently eu back up and I hope to continue

[ahmed fakhry]

The euro rose against the dollar before the Asian session after the Greek parliament approved a new package of austerity measures, the bill on pensions, wages and cuts, which is the one of the necessary conditions for obtaining the next tranche of international aid. For "For" voted 153 of 300 deputies. However, on later the EUR / USD pair dropped to yesterday's low of $ 1.2742 after German exports fell sharply in September amid falling demand from the euro-zone members thus confirming again that the debt crisis finally reached Germany. Accordingly submitted data today, the German exports in September fell by 2.5 % compared with August ones and by 3.4% compared to the same period of time at the previous year. Also orders from the part of the countries that use the euro fell by 9.1% compared with the same period last year. The EUR / USD pair during the European session fell to $ 1.2718.

[amni570]

some value in buying $EURUSD on approach to the 1.2750 level. EURUSD looking really weak at this point. No mans land next stop?

[tradergalau]

EUR down because
1. Slower German growth means slower Eurozone growth - No More Sugar Coating
2. Next week's GDP numbers will show Eurozone back in recession
3. ECB - IMF standoff on Greece delaying bailout payment
4. Concern about US Fiscal Cliff weighs on all risk currencies including EUR

[lovingfxmanager]

EURUSD is a best trading pair to me , I like it most and I tread here always ,,,,

[Bieela_cute]

EURUSD 12 Nov 2012

Elliott: irregular flat correction down 1.2646
Warning: End of trend - Engulfing pattern
Technical points
Key point 1.2699
Entry point 1.2730
Elliott 1.3021
Closing 1.2710
Projection 1.2530
Trendline 1.2744
Trendline 1.2744
Supports / Resistances
Res 2 1.2830
Ex-High 1.2790
Res 1 1.2770
Pivot 1.2730
Sup 1 1.2670
Ex-Low 1.2690
Sup 2 1.2630

[dollar]

if we draw fibo on last high- low in day chart then we can see the price is reaching it is fibo level 38.2
if today price is move up or bullish candle then we expected the price will change the directing in my view best long entry at 1.2800 and stop loss is 1.2680

[zola18]

Note trading EURUSD below 1.2820 intraday range which provides stochastic positive signals on the time frame for four hours supports the chances of achieving some bullish tendency ��� that the pair broke level of 128.10 this factor will push the pair Grammar 1.2620
Support 1.2682
Resistance 1.2760

[salah.bmw]

The trading range for today is among key support at 1.2590 and key resistance at 1.2890.

The general trend over short term basis is to the downside targeting 1.1865 as far as areas of 1.3550 remain intact

http://www.dohaup.com/up/2012-11-12/admin1341347799.png (http://www.dohaup.com/)

[suzonbmw]

EUR/USD kal NFP varta ke bad bahut badgaya kam se kam 150 pips bad gaya, Lekin iska main target 1.51,Initial resistance is now located at 1.4711 (76.4% retrace of 1.4940-1.3970) followed by 1.4800 (big figure resistance).

[mikal]

Main ye thread EURUSD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon

[forexking2]

EURUSD still trades stable without the 1.2800 level, while at the same time above the pivotal support 1.2725, which makes us persist in our expectations for the trading side term intraday, which provides stochastic positive signals on the daily timeframe supports the chances of achieving some tendency bullish now.

[faruk339]

brow your suppors orn very far from courrect price wont move tothes.

[ahmed fakhry]

The pair has broken 1.28800 and aims to 1.25667.
Resistance: 1.28800, 1.33427, 1.37441
Support: 1.25667, 1.20280, 1.17063
http://xa.mg40.mail.yahoo.com/ya/download?mid=2%5f0%5f0%5f1%5f106386650%5fAEdn%2bFc AAWSrUKFk8whaqkclxI0&pid=5&fid=Inbox&inline=1&appid=YahooMailNeo

[azam01]

Now a day EUR/USD fair is very volatile fair. Every day 80-120 pips average is move.
Newbie trader always choice this fair at first.

[erespe]

A correction yesterday, makes EURUSD on a bearish again today. This pair is still cannot break its down trend line, so after yesterday it move up and failed to break the trend line, then today I am sure that EURUSD will fall to as low as 1.2649

[new-FX]

http://img854.imageshack.us/img854/2326/imageam.gif

The pair EUR / USD breach of 1.2725 support level and settled without him, and begins trading today with more negative and seems to open the way to achieve the objectives of a bear begins at 1.2610 may extend to go towards 1.2400

Break through the 1.2800 level will stop downward trend and restore attempts price to rise again

[salah.bmw]

The trading range for today is among key support at 1.2500 and key resistance at 1.2845.

The general trend over short term basis is to the downside targeting 1.1865 as far as areas of 1.3550 remain intact.

http://www.dohaup.com/up/2012-11-13/admin1089176209.png (http://www.dohaup.com/)

[yudijoni]

Failure to pass back resistance 1.2698, EURUSD is likely to weaken again tried to penetrate the 1.2670 level again. The success of penetrating 1.2670 then next target in the near future is the 1.2650 level, but if you persist in this area is likely to rebound back to test 1.2698 resistance.
http://financeroll.co.id/wp-content/uploads/2012/11/euro-snd-13.png

[ahmed fakhry]

The euro traded in a small range of 1.2697 - 1.2738 against the dollar which was near of a two-month low against the dollar ahead of the meeting of European politicians who will discuss a plan of maintaining the creditworthiness of Greece and keeping it in the euro area. Also, the trading dynamics of the single currency compared to most other major currencies have almost no change.

[winstead]

EURUSD stays below a downward trend line on H4 chart, and remains in downtrend from 1.3138. As long as the trend line resistance persisted, downtrend could be expected to continue, and next target would be at 1.2600 area.

[samsiah]

EUR / USD Intraday Technical

BUY Breakout Level: 1,2759.
Strength of Resistance: 1,2751.
Genuiness of Resistance: 1,2740.
Selling Area mind: 1,2728.
Mind Area goals: 1,2698.
Buying Area mind: 1,2668.
Genuiness Support: 1,2656.
strong support: 1,2645.
SELLING Breakout Level: 1,2636.

[ATIDK]

Opened market with some gap on negative side so we may be some more drop .I think price won't move to that level even in some 2-3 days.

[measif]

EU forming daily hammer type pinbar.
Posibility of more down is less because it is forming after a doji.

[Bieela_cute]

Elliott: elongated flat correction down 1.2628
It should trade higher to above 1.2734 while 1.2698 offer support. Minor support at 1.2668. Stop Loss below 1.2632 zone.
Warning: End of trend
Technical points
Key point 1.2713
Entry point 1.2702
Elliott 1.2790
Closing 1.2704
Projection 1.2628
Trendline 1.2705
Trendline 1.2716
Supports / Resistances
Res 2 1.2763
Ex-High 1.2727
Res 1 1.2734
Pivot 1.2698
Sup 1 1.2668
Ex-Low 1.2662
Sup 2 1.2632

[romannil]

Eur/usd technical analysis for 14.11.2012 by using : Auto pivot indicator.

resistance 3:1.2803
resistance 2:1.2766
resistance 1:1.2735

pivot point :1.2698

support 1:1.2667
support 2:1.2630
support 3:1.2599

[forexking2]

EURUSD rushed up to retest the 1.2725 level
So far, our expectations for the decline remain intact unless the price breaks this level initially

[dennyandre]

EUR / USD came under pressure following the U.S. presidential election results, which showed President Obama defeated Republican challenger Mitt Romney. The euro rose shortly after the announcement of Obama's victory, but has since given up most of their gains. In the presidential contest, the popular vote was fairly close, but Obama had little trouble racking up enough electoral votes to propel him to victory. In the Euro-zone current release, Euro-zone retail sales fell below forecasts, and German industrial production fell to its lowest in five months..... may be for this week

[Alex]

Couple went to the next level of resistance in 2734, about which course much stopped until I look in the first place hang of it, but if you will take the sample - then will move the position to buy with a view to 2870.

[salah.bmw]

The trading range for today is among key support at 1.2525 and key resistance at 1.2890.
The general trend over short term basis is to the downside targeting 1.1865 as far as areas of 1.3550 remain intact.

http://www.dohaup.com/up/2012-11-14/admin1222029825.png (http://www.dohaup.com/)

[Emma]

To confirm the reversal is not enough of another signal - building above the blue (last) moving an alligator, but it seems a matter of time, the time schedule visible forms the inverted head and shoulders - a strong reversal formation.

[najmul.djd]

eur/usd technical analysis by using : average directional movement index

adx : 24.4709
+di : 14.6008
-di : 11.2913
timeframe : 1 hour

time : 1400
date : 14-11-2012

[Tyler7]

Added another purchase to eur, couple has managed to break through the important level of 2730 and then went to test it for strength, my main goal today is the resistance of 2775, to the north, and say buy signal MASD on 4 hour chart.

[new-FX]

http://img838.imageshack.us/img838/1558/imagedb.gif

Being EUR / USD positive attempts pierce through the 1.2725 level, adds support to the chances of returning to the upward path
Continued neutrality, as the price overcome the 1.2800 level to confirm the activation of positive impact, while breaking the 1.2700 level will put the price under negative pressure from the new

[ahmed fakhry]

After eurozone’s finance ministers in their meeting in Brussels were postponed the consideration of the providing the multi-billion loan for Greece until November 20 the euro fell to two-month low against the dollar. The EUR / USD pair dropped to $ 1.2672 during the Asian session. Later, during the European session, the euro rose sharply after the German newspaper Bild-Zeitung reported that Germany stands for the provision of aid to Greece as in one single tranche. The statement said that Greece could get 44 billion euros (56 billion dollars). Against this background, the single currency regained its early losses against its competitors and the EUR / USD pair rose to $ 1.2726.

[forexking2]

EURUSD being positive attempts penetrates through the level of 1.2725, to add support to the opportunities to return to upward path, and through the graph to four hours above, we find that trading has been narrowed recently inside wedge pattern bearish penetrates price now level resistance, and this reinforces the chances of achievingrise further in the coming period.

[ddukic]

EUR/USD 12/11/2012 - 4h and 60 min Chart Analysis

http://fxlisting.net/images/eurusd60-12112012.jpg

EUR/USD 60MIN CHARTS

SUGGESTIONS:
The green colored �support� zone is reached by the parity and a �slight� reaction can be seen immediately after the �touching�.

As I have repeatedly stated: �below the pink horizontal line we remain on short positions. The stop loss strategy must be adjusted now. For as long as the parity stays close to the pink horizontal line, the stop loss or the level for very drastic reduction of your short exposure, r emains a level little above the pink horizontal line. As the parity will eventually increase the distance of its position from the pink horizontal line, you must switch to a �rolling stop loss� strategy. Never forget that no one becomes �rich� from trading only one trade.

I have also indicated the green zone as a support level.

So, the Bears reduce their short exposure and the Bulls open timid long positions with stop loss the breaking of the �d4� trend line and the 1.26837 minus a little, level. Above, the pink horizontal line, my friends the Bulls, will �attack�.

The Bears, will �attack� after the parity crosses from above the green support zone.


EUR/USD 4 HOURS CHART

http://fxlisting.net/images/eurusd240-12112012.jpg

SUGGESTIONS: The forecast about the �1-2 Waves� set up I mentioned two days ago, gains credibility as the parity falls.

At the closing of last evening trading session, the parity stopped its downwards path on the D1 red trend line, abandoning for some hours the d2 red trend line, a path followed by the parity for some time already.

If the parity crosses from above the D1 trend line and continues downwards not paying attention to the �SUPPORT 1� zone (colored light blue color), the �1-2 Waves� set up will be fully confirmed and the parity would be engaged in a 3rd ****e Elliott Wave,. The parity will accelerate its fall, creating somewhere along the path a downward gap or gaps, depending from the violence of the fall. Expected targets of such fall are the levels of 1.2189 (2.618 Fibo ****e) and 1.15 (4.25 Fibo ****e that does not appear on this part of the relevant chart).

Vice-versa, if the parity pays attention on the �SUPPORT 1� level, the eventual strong fall may be postponed for latter. The 3rd ****e Elliott Wave by stopping at the �SUPPORT 1� zone will satisfy the condition wanting the 3rd Wave to be longer than one of the 1st or 5th ****es Waves, because this 3rd Wave (1.31-1.25) will be longer than the 1st Wave (1.31-1.28). Double the size in pips. In this case, the forecasted fall may be manifested adopting an extended 5th ****e Wave after the exhaustion of the 4th ****e Wave that may start from the �SUPPORT 1� zone and exhaust somewhere around th3 1.28usd level. The exhaustion of this �extended� 5th ****e Elliott Wave may be at levels below the 1.15usd (4.25 Fibo ****e of the Fibo scale marked with thick red arrow).

As you can easily suppose, from each of the levels that could play the role of resistance on the possible falling evolution of this parity�s path, you can start timid long positions till the next resistance zone. They are trades on long positions of small duration in time. If you choose to do it, you must be careful while selecting the entry points in order to have the max of risk/reward ratio. You, also, must set tight stop loss strategy in order to min losses and do not over try it, please. In general, there are no reliable foreseeable support levels for the very near future.

Besides, as you will observe from the weekly chart that I suggest you should visit, the parity its being distanced from the brown prong of the relative Andrew�s Pitchfork. There is not yet sufficient distance to consider it as �unequivocal� crossing from above, nevertheless, the sign are there, very evident.

---------- Post added at 08:46 PM ---------- Previous post was at 08:32 PM ----------

EUR/USD 13/11/2012 - 4h and 60 min Chart Analysis

http://fxlisting.net/images/eurusd240-13112012.jpg

EUR/USD 4 HOURS CHART

SUGGESTIONS: The parity is supported right now by the D1 red trend line that originates from the 28th February 2012. There is a significantly light trading forcing the parity to “jump” more than under heavy trading volumes.

My friends, this chart is full of technical lines and Fibo scales making its reading difficult. The density of technical tools in this chart signals that is better to run “short time” trades. Leaving positions, either long, or, short, opened for long time, will surely encounter a technical element that may “burn” most of the unrealized profits.



Anyway, the main trend is downwards, so, short positions are suggestible. On the crossing of the D1 trend line from above, the parity is expected to encounter the “SUPPORT 1” zone. For here, either, a rebound of limited extensions is expected, or, a “delay” of the falling path.

On this SUPPORT 1 zone you may try some long positions with stop loss level just below the supporting cyan zone.

EUR/USD 60MIN CHART

http://fxlisting.net/images/eurusd60-13112012.jpg

SUGGESTIONS: The parity for the time being is little below the 1.2683usd level; it is not though finished with the green supporting zone. The “d4” trend line has been tested several times therefore I will remind you that it constitutes a “major” element of technical analysis in this chart and you can trust it.

If the d4 breaks, “nobody is perfect”, the parity will continue moving within the channel d5-d6 aiming lower targets of this falling path.

Therefore,

The short positions must be ready to reactivate their relative exposure. You must, though, firstly be sure about the crossing from above of the green supporting zone. Targets further down: 1.2575 – 1.2441 – 1.2244 – 1.2206 – 1.1981. All targets correspond to the various Fibo ****es of the Fibo scale marked with red arrow; and thus constitute potential intermediate or reversing targets of the parity’s path. Stop loss the crossing from below of the 50SMA.

The “Bulls”. My beautiful optimistic friends, open some very timid long positions and be ready to close them as the parity eventually cross from above the d4 trade line and the green resistance zone. In case the green zone proves to be “too hard to die” and the parity rebounds, wait for the return of the parity, to reconfirm that green zone is “really alive”. If, in this second attempt, the green zone resists and the parity rebounds, my bullish friends increase you long exposures. The stop loss for you is set at the level of 1.2650usd.

---------- Post added at 08:49 PM ---------- Previous post was at 08:46 PM ----------

EUR/USD 14/11/2012 - 4h and 60 min Chart Analysis

http://fxlisting.net/images/eurusd60-14112012.jpg

EUR/USD 60MIN CHART

SUGGESTIONS: Today, I have nothing to add. The SUPPORT green zone, for the time being, holds its position and function. The parity aims the 200SMA and continues moving between “d4-d3”.



EUR/USD 4 HOURS CHART

http://fxlisting.net/images/eurusd240-14112012.jpg

SUGGESTIONS: The “D1” trend line “seems” to hold and the parity aims the 50SMA on this 4 hours chart.

In case the “young” reversal follows the latest news from the front of the European Debt crisis, is early to “celebrate” the solution of the problem. Therefore, let us wait for the encounter between the parity and the 50SMA in this time frame chart and the encounter of the parity with the 200SMA at the 60min chart.

The trading strategies of the previous days are still valid since the supporting levels on both time frame charts were estimated with good precision.

[Bieela_cute]

Elliott: common flat correction up 1.2790
Resistances lie around 1.2756 and 1.2775. It should test lower towards 1.2698 zone. A clear break of 1.2728 would be bearish.
Technical points
Key point 1.2743
Entry point 1.2732
Elliott 1.2662
Closing 1.2735
Projection 1.2790
Trendline 1.2701
Trendline 1.2739
Supports / Resistances
Res 2 1.2814
Ex-High 1.2777
Res 1 1.2775
Pivot 1.2738
Sup 1 1.2698
Ex-Low 1.2701
Sup 2 1.2661

[erespe]

Long shadow candle at 21.00 server time yesterday, it will bring EURUSD moving lower. In the short term, I think this pair will move down towards its yesterday's opening price (1.2703), with the possibility to continue to as low as 1.2661. This condition may fail if yesterday's high is broken.

[FREEDOM]

EUR/USD moving arise and could able to stay above pivot poin but i expect 1.2751 area will stop the bull for a while and take correction from here till fibo 61.8 (1.2711). This pair still on bullish momentum.

[tradergalau]

EURUSD is touching the 1.2731 support level now. If EURUSD can break this support, EURUSD may falls again and try to reach the support level at 1.2640. But if fail to break and EURUSD also can break the yesterday's high, it will open an opportunity for EURUSD to go up and reach the resistance level at 1.2823 or even higher.http://i.imgur.com/pTkCv.gif

[akramrukiman]

daily r3 1.2843
daily r2 1.2810
daily r1 1.2769
montly pivot 1.2968
weekly pivot 1.2761
daly pivot 1.2735
daily s1 1.2695
daily s2 1.2661
daily s3 1.2620

[romannil]

Eur/usd technical analysis for 15.11.2012 by using : Auto pivot indicator.

resistance 3:1.2855
resistance 2:1.2817
resistance 1:1.2776

pivot point :1.2738

support 1:1.2697
support 2:1.2659
support 3:1.2618

[dollar]

this pair is continue falling but now it is acting at its fibo 38.2
a joji is formed that is followed by a bullish candle so as per me now we can see up movement if todays candle is bullish then we can long this with 1.2877 take profit and 1.2598 stop loss.

[forexking2]

EURUSD found ceiling strong shape SMA 50 during attempts price rise yesterday, trading to remain confined between levels which is pivotal resistance 1.2800 and a falling wedge resistance level previously breached and that turns into support now at 1.2700

[ALLIANZ]

http://sadpanda.us/images/1251775-IOH4XI6.png
EURUSD breaks above the downward trend line on 4-hour chart, suggesting that a cycle bottom has been formed at 1.2661. However the rise is likely consolidation of the downtrend from 1.3138, as long as 1.2850 key resistance holds, the downtrend could be expected to resume, and another fall towards 1.2500 is still possible after consolidation.

[ahmed fakhry]

The EUR / USD pair rose to yesterday's high of $ 1.2727during the Asian session. During the European session the EUR / USD pair even had gone higher setting a high at $ 1.2756 due to covering of some short positions that were taken by traders at the last week.

[forexking2]

Expected trading range for today is between: Support 1.2550 and resistance 1.2910
General tendency is expected for today: neutral

[Alex]

Again, go to the north, the pair broke the resistance of 2755 (around 200 MA), now you can forget about selling, it seems the Mid-term northern correction, I still waiting for my entry point into the purchase order can be a 2800 figure.

[new-FX]

http://img571.imageshack.us/img571/4456/imagei.gif

Found the pair EUR / USD cap powerful shape SMA 50 during attempts price to rise the yesterday and I have succeeded today in bypass SMA 50, but trading remains confined between the resistance levels 1.2800 and support level 1.2700

Continue to neutrality to exceed the price a previous levels and provide signals confirming a trend

[dollar]

as per my analysis up trend has been started for this pair.
if we look in macd in h4 chart we can see one bar is formed above the zero line.
for intraday this pair may be touch 1.2850. if it is rejected from 1.2813 then we can see another doji formation in day chart.

[Emma]

Moving alligator filed the first signal of medium-term trend change (they crossed to the north), the rate steadily strengthened above them, but while shopping done early, it needs to wait for the breakdown and consolidation above 2775.

[alalbd]

I have sold at 1.3155, where should i keep my take profit? will it go more down or should i close it now only with 30 pips profit. not bad

[ahmed fakhry]

The pair has broken neck line 1.28630 of the Head and Shoulders figure. The pair has declined to 1.26897 and worked out the figure. The pair may return to 1.28630.
Resistance: 1.28630, 1.30277, 1.31674
Support: 1.26897, 1.25690, 1.23907

[Tyler7]

Opened another purchase at eur, steam slowly but surely continues to increase, the rate has already overcome and 200 Rolling, but for now the main task of the bulls will-overcome strong resistance around 2775, and then fly to at least the 2800 figure.

[nikhildey]

EURO/USD -SELL at 1.2760

[winstead]

EURUSD broke through the medium-term resistance at 1.2710 leads to acceleration. I expect further reversal at this level before the upper limit of the channel at 1.2820 reached.

[najmul.djd]

eur/usd technical analysis by using : average directional movement index

adx : 26.2330
+di : 18.0224
-di : 20.7224
timeframe :1 day

time : 1600
date : 15-11-2012

[akramrukiman]

daily r3 1.2843
daily r2 1.2810
daily r1 1.2769

montly pivot 1.2968
weekly pivot 1.2761
daily pivot 1.2735

daily s1 1.2695
daily s2 1.2661
daily s3 1.2620

[hendze]

anyone want to help me?

[dollar]

In H4 time frame down trend resistance trend line has been broken and now start to make a new trend. if price is not able to cross 1.2681 we can expected more up direction movement. we can long with 1.2850 take profit and stop loss is 1.2675

[secret alibi]

The bias remains neutral in nearest term but
overall I still prefer a bearish scenario.
Immediate resistance is seen around 1.2800 –
1.2835 area, a clear break above that area
could trigger further bullish pressure but only
a clear break back above 1.2860 will interrupt
the bearish outlook. Immediate support is
seen around 1.2710 area, a clear break below
that area could trigger further bearish
pressure testing 1.2660 key support area.

Resistance Level : 1.2800, 1.2860, 1.2980
Support Level : 1.2710, 1.2660, 1.2560
Trading Range : 1.2800 – 1.2660
Trend : Bearish

[romannil]

Eur/usd technical analysis for 16.11.2012 by using : Auto pivot indicator.

resistance 3:1.2903
resistance 2:1.2853
resistance 1:1.2817

pivot point :1.2767

support 1:1.2731
support 2:1.2681
support 3:1.2645

[ALLIANZ]

For European data, Industrial Production, now estimated to be -1.6% from 0.6% last month. Technically, the euro is likely to move a little correction testing 1.2750 area, if there is movement in that area break rally the next target in the 1.2777-1.2800 area. The second possibility is that sideways movements did lead to correction though narrow until tonight's FOMC statement, where the movement of the euro will be correlated with the results of the FOMC statement, if it is not in accordance with market expectations then the euro will be under pressure to sell back for testing 1.2500an area.

[muna1982]

to day is fry day and d1, h4, and h1 all are in down trend as the parabolic SAR. so it will goes many pips down very soon. keep in mind all think can happen in forex it is just my personal analysis and experience based prediction.

[Bieela_cute]

Elliott: elongated flat correction up 1.2854
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.2820 or 1.2816 if support around 1.2767 hold. After which a pullback to 1.2767 - 1.2749 zone is possible.
Warning: Imminent end of bullish move
Technical points
Key point 1.2802
Entry point 1.2764
Elliott 1.2662
Closing 1.2781
Projection 1.2869
Trendline 1.2733
Trendline 1.2745
Supports / Resistances
Res 2 1.2851
Ex-High 1.2802
Res 1 1.2816
Pivot 1.2767
Sup 1 1.2732
Ex-Low 1.2717
Sup 2 1.2682

[Alex]

Pair failed to strengthen its position above a penetration level of 2780, and then broke it, and even managed to overcome and 200 Rolling, immediate support in 2700 and I think it will be today's goal, if it breaks, then back to the sale.

[ahmed fakhry]

The euro was slightly under the pressure amid data that showed that the euro area entered its second recession in four years. The European GDP in Q3 declined of 0.1% in q / q term as it was expected. The GDP of France weakened from 0.3 % to 0.2 %, Germany’s 0.5% and 0.4 % versus expected 0.8% and the Spanish came out recording expected decline from -1.3 % to 1.6% in y / y term and 0.3% in Q3 in q/q term. The only Italian GDP suddenly appeared above expectations showing -0.2% in q/q and 2.4% y/y versus -0.5% in q/q term and 2.9% in y/y term. The EUR / USD pair strengthened to $ 1.2775 during the European session.

[Emma]

Steam again stated its commitment to the South, it is not clear yet, this decline is a correction or the start of a new southern wave until the course stopped by sliding the alligator (support 2720) if we break through this level I'm selling to the objectives of 2670, purchases will be considered if signs turn and exit above 2680.

[forexking2]

The euro*usd fell to visit the pivotal support around 1.2725, while still trading confined within the sideway range between 1.2700 and 1.2800, and this is what makes us continue our neutral position to exceed price of one of these levels

[Tyler7]

Finally went to the southern end correction, the pair left about support in 2726, and again to resume northern growth target again in 2800 the figure on the daily chart is necessary to pay attention also to the northern signal MASD.

[winstead]

EURUSD still continuing bullish with next target 1.2800. Yesterday has successfully made ​​a new high at 1.2801 but not strong enough to break through and corrected to 1.2760.

[najmul.djd]

eur/usd technical analysis by using : average directional movement index

adx : 39.0329
+di : 9.0329
-di : 27.2597
timeframe : 1 hour

time : 1800
date : 16.11.2012

[Bieela_cute]

Scenario for next week
Elliott: irregular flat correction down 1.2676
It may attempt a test higher to 1.2769 - 1.2805 after which weakness may set it to a drift down to 1.2665 limit.
Technical points
Key point 1.2719
Entry point 1.2716
Elliott 1.3139
Closing 1.2736
Projection 1.2597
Trendline 1.2764
Trendline 1.2728
Supports / Resistances
Res 2 1.2874
Ex-High 1.2802
Res 1 1.2805
Pivot 1.2733
Sup 1 1.2665
Ex-Low 1.2662
Sup 2 1.2593

[forexking2]

Trend on sideways near the 38.2 fib line at 1.2743, and of course = the wait and see action is still better idea. Then, I can say this pair on nice to be search for sell if truly the seller can break down again to more that 23.6 fib at 1.2711

[Bieela_cute]

Scenario for today
Elliott: flat correction down 1.2662
It is likely to fall towards 1.2714 - 1.2690 as its corrective rally could falter in 1.2761 - 1.2784 area. Stop above 1.2831 zone.
Technical points
Key point 1.2739
Entry point 1.2757
Elliott 1.2802
Closing 1.2736
Projection 1.2662
Trendline 1.2785
Trendline 1.2768
Supports / Resistances
Res 2 1.2831
Ex-High 1.2785
Res 1 1.2784
Pivot 1.2737
Sup 1 1.2690
Ex-Low 1.2691
Sup 2 1.2643

[Liaba]

Eur/usd best forex pair hay mein zada isi pair pay trade kerta hou or mujay is kay analysis easily mil jatay hay or is pair ki moving average bi bohat fast hay bohat say traders is pay trade kertay hay or acha profit gain kertay hay.

[Vamos]

price opened below 1.2750 and below the 50 moving .. so if there is no breakdown on the top of the morning session, then I think the price should be at the bottom to chase 1.2690 marks, and maybe less as it is expected to continue to strengthen the dollar ..

[dollar]

Today’s technical analysis
Resistance 3- 1.2881
Resistance 2- 1.2832
Resistance 1- 1.2787
Pivot point- 1.2738
Support 1- 1.2693
Support 2- 1.2644
Support 3- 1.2599

In h4 chart time frame we can see that pair is over sold as per stoch . indicator. I hope this pair will move up side and trying to touch . price is rejected from 1.2693

[najmul.djd]

eur/usd technical analysis by using : average directional movement index

adx : 38.9484
+di : 22.6138
-di : 6.5169
timeframe : 1 hour

time : 0400
date : 19.11.2012

[erespe]

EURUSD is on bullish, I think this pair is heading towards 1.2788, and may extends to as high as 1.2833. However if daily pivot (1.2739) is broken, then the pair may fall to 1.2694

[romannil]

Eur/usd technical analysis for 19.11.2012 by using : Auto pivot indicator.

resistance 3:1.2886
resistance 2:1.2837
resistance 1:1.2789

pivot point :1.2740

support 1:1.2692
support 2:1.2643
support 3:1.2595

[akramrukiman]

montly pivot 1.2968
weekly pivot 1.2739
daily pivot 1.2752

daily r3 1.2786
daily r2 1.2773
daily r1 1.2765

daily s1 1.2744
daily s2 1.2731
daily s3 1.2724

[tradergalau]

EURUSD had touched and had been rejected by the support level at 1.2731 on the last Friday. I think the rejection effect is strong enough. So, in my view, EURUSD may rebound and go up today. EURUSD may touches or hits the resistance level at around 1.2823

[forexking2]

the EURUSD on look still bulls. On my see - this bulls can still play today as long as the price still move above that 38.2 fib (1.2743). And look probably more bulls if the pivot at 1.2768 also can be break up by buyer then. So, search for buy

[Vovk1]

Couple again went to a retreat from the horizontal resistance 2787i early decline (there is a big possibility of new southern trend) I no longer look to the south, but only consider going to buy at higher capacity 2787.

[suzonbmw]

I think price won't move to that level even in some 2-3 days, almost 300 pips, which analysis you following? Initial resistance is now located at 1.4711 (76.4% retrace of 1.4940-1.3970) followed by 1.4800 (big figure resistance)

[Monik]

I have formed some sell signals, the pair went on the daily chart with a green alligator sliding (about which already bears much resistance), also on the hourly time frame that can be clearly seen above the horizontal level in 2787 - a couple are not allowed on the 4 hour chart Stochastic filed too southern signal.

[new-FX]

http://img20.imageshack.us/img20/2846/imagezv.gif

Still EUR/USD stuck between levels retest top at 1.2800 and bearish wedge pattern which is now declining to 1.2645, where we need to go beyond price of one of these levels to confirm the superiority of one over the other.

Thus, we need to stand on the sidelines now and get more accurate signals confirm the trend

[salah.bmw]

The trading range for today is among key support at 1.2590 and key resistance at 1.2890.
The general trend over short term basis is to the downside targeting 1.1865 as far as areas of 1.3550 remain intact.

http://www.dohaup.com/up/2012-11-19/admin1649801166.png (http://www.dohaup.com/)

[niknik]

FOREXAnalysis: Monthly opening range implications are bearish EUR/USD with the high occurring on day 1 of the month. It appears that the decline that began late Wednesday at 12779 is either wave B or 2 (depending on the larger trend). Either way, price is likely to extend higher in the near term while above 12700. The 100% extension of the rally from 12661 comes in at 12835 (in line with former support at 12824) and the 161.8% comes in at 12909. Former support at 12881 intersects trendline resistance on Friday. Weakness below 12700 would suggest that the downtrend has resumed.

FOREX Trading Strategy: The larger trend is down against 12981 and those looking to sell rallies should have the opportunity to do so in the next several days. The first area to expect resistance is 12824/35. Given that we are coming off of a larger top however, do not be surprised to see a probe of 12880. If the larger trend is down, then as much doubt needs to be cast as possible in order for the next leg down to be powerful.

LEVELS: 12682 12717 12752 12824 12856 12882

[amni570]

EURUSD: The EURUSD has continued its weakness. This is expected to hold today as well. The EMA 11 is below the EMA 56, while the RSI 14 period is below the level 50. The next target is the support level at 1.2600.


USDCHF: This pair remains strong. The EMA 11 is above the EMA 56, as the RSI 14 period is above the level 50. The...

[mostafaaa39]

and of course = the wait and see action is still better idea. Then, I can say this pair on nice to be search for sell if truly the seller can brea

[yudi]

As was expected yesterday that, the EUR/USD pair fell down broking the support level 1.4190 which represents 50% Fibonacci retracement correction level for the last medium-term bullish wave reaching the level 1.4105

[johny subiarto]

Euro Dollar (EUR / USD) currency is seen to form a swing low at the close of trading on Friday. Target potential gain will be located in the area of ​​supply closest to the price range 1.2795-1.2831.

Daily Market Outlook:

The direction of the price trend up to 15 hours ahead is bullish
Stop Loss for each transaction is 40 pips

[winstead]

EURUSD remains in downward price channel on H4 chart, and remains in downtrend from 1.3138, price actions from 1.2661 is treated as consolidation of downtrend.

[sarfrazonline1]

Sell EURUSD at 1.2775 SL 1.2815 TP 1.2735

[sarfrazonline1]

After breaching 3rd important resistance 1.3180-3200 of bearish trend (or so called close above 1.3200 will change the trend from bearish to bullish) Euro is now again on the track of 1.2640 "nearest 1st support,seller should exit near the mention price or seller from lower levels should lock their positions near the mention area, while a weekly close below 1.2600 will weaken euro further till 1.2480-2500 and week close below 1.2450 euro will further drop down to 1.2170-2200... Spain, Greece EU dept issues, now again on the table which is helping euro to hit its supporting area or we can say that down side reversal is "ON" once again..

---------- Post added at 09:26 PM ---------- Previous post was at 09:26 PM ----------

Sell EURUSD at 1.2815 SL 1.2855 TP 1.2775

[poncoez]

analisis eurusd corelation usdchf
exp eurusd up
usdchf down

indikator
stoch 12.4.12
TF H1
overbougt

sell eurusd
buy usdchf

thanks

[dollar]

Today’s technical analysis

Resistance 3- 1.2921
Resistance 2- 1.2870
Resistance 1- 1.2841

Pivot point- 1.2790

Support 1- 1.2762
Support 2- 1.2711
Support 3- 1.2682

H4 Time frame analysis- price is rejected from the 1.2820 and reached to 1.2762
Stoch is also overbought so first may be we can see some down movement as a retracement then again continue up movement is expected.

[mszman]

Daily close at 1.2816. I am more to the upside now.

[najmul.djd]

eur/usd technical analysis by using : average directional movement index

adx : 26.8460
+di : 19.9405
-di : 11.5652
timeframe : 1 hour

time : 0400
date : 20-11-2012

[romannil]

Eur/usd technical analysis for 20.11.2012 by using : Auto pivot indicator.

resistance 3:1.2924
resistance 2:1.2872
resistance 1:1.2843

pivot point :1.2791

support 1:1.2762
support 2:1.2710
support 3:1.2681

[sheila]

Support: 1.2711
Pivot: 1.2790
Resistance: 1.2870

trendspotter sell
7 day average directional indicator buy
10-8 day MA hilo channel hold
20 day MA sell VS Price
20-50 Day MACD oscillator sell
20 Day Bollinger Bands hold

Technical Analysis For EURUSD 20% Sell

[tradergalau]

EURUSD almost touched the resistance level at 1.2823 yesterday. But I think EURUSD still in bullish sentiment. So, in my view, EURUSD may breaks the 1.2823 resistance level today. If that happen, EURUSD has a possibility to continue going up and reach the higher resistance level at 1.2908.

[Bieela_cute]

Scenario for today
Elliott: impulse wave up 1.2897
Currently uptrend should end around 1.2820 - 1.2842 area. A correction down to below 1.2763 is expected. A rise above 1.2871 will abort the expected correction.
Technical points
Key point 1.2846
Entry point 1.2805
Elliott 1.2691
Closing 1.2813
Projection 1.2871
Trendline 1.2741
Trendline 1.2790
Supports / Resistances
Res 2 1.2871
Ex-High 1.2820
Res 1 1.2842
Pivot 1.2791
Sup 1 1.2763
Ex-Low 1.2740
Sup 2 1.2712

[ahmed fakhry]

The euro was supported and the EUR / USD pair rose to $ 1.2787 during the European session on the prospects of an agreement on providing further aid to Greece between the finance ministers of the eurozone and the International Monetary Fund. The meeting of the Eurogroup’s finance ministers will start on this Tuesday.

[forexking2]

Just be aware with bearish correction as long as the buyer can nit break up to more that resistance 1.2819 (near that upper trendline on this 4H TF). So, just wait and see. And of course - we can make buy OP only / after the buyer truly can move up and break up to that resistance 1.2819

[ahmed fakhry]

The pair is returning to 1.28630.
Resistance: 1.28630, 1.30277, 1.31674
Support: 1.26897, 1.25690, 1.23907

[zola18]

Moves EURUSD positively above the level of 1.2810 and trying to skip it and we are still waiting to skip this pair of resistance level at 1.2822 to see the upward trend soon for this pair
Support 1.2768
Resistance 1.2849

[natasha55]

INTRADAY TRADING SIGNAL

EURUSD M30

I expect the price will go
further down to the max level at 1.2744.

There are actually a few take profits level that should be considered by traders, in this case, I am using fibo level as take profit levels :

Target 0.382
1.2803
Target 0.500
1.2798
Target 0.618
1.2792
Target 0.786
1.2784
Target 1.000
1.2774
Target 1.272
1.2761
Target 1.618
1.2744

[natasha55]

INTRADAY TRADING SIGNAL

EURUSD M30

I expect the price will go
further down to the max level at 1.2744.

There are actually a few take profits level that should be considered by traders, in this case, I am using fibo level as take profit levels :

Target 0.382
1.2803
Target 0.500
1.2798
Target 0.618
1.2792
Target 0.786
1.2784
Target 1.000
1.2774
Target 1.272
1.2761
Target 1.618
1.2744

[salah.bmw]

The trading range for today is among key support at 1.2630 and key resistance at 1.2955.
The general trend over short term basis is to the downside targeting 1.1865 as far as areas of 1.3550 remain intact.

http://www.dohaup.com/up/2012-11-20/admin1791739107.png (http://www.dohaup.com/)

[winstead]

EURUSD breaks above the upper channel line on h4 chart, suggesting that the downtrend from 1.3138 has completed at 1.2661. Further increases may be seen, and next target would be at 1.2900 area.

[omar340ak]

H4 Candlestick Chart indicates the pair is down trend, MA(10) & MA(20) indicates the pair is up trend, MACD(12,26,9)indicates the pair is up trend,RSI(14)indicates the pair is down trend & Stoch(5,3,3) indicates the pair is down trend
My preference: If the price below 1.27946, It may be touched 1.27654
Alternative: If the price above 1.28186, It may be touched 1.28385
(Trade your own risk & analysis)

http://i1311.photobucket.com/albums/s667/omar555ak/eurusd2011_zps2fb86cc7.jpg

[Jobs]

On daily chart price reached its resistance level is broken and there is already a long time to consolidate at this level, stochastic begins to wrap the south side, so it is possible that the price will go down again ... We'll see if in the next few days did not explode on top, and will continue protorgovki, it may be a good move down ...

[akramrukiman]

montly pivot 1.2968
weekly pivot 1.2739
daily pivot 1.2776

daily r3 1.2883
daily r2 1.2851
daily r1 1.2808

daily s1 1.2733
daily s2 1.2702
daily s3 1.2659

[samsiah]

I still indecisive to select;choose will or buy of sell, because at this eu pair form pattern of ascending triangle ( if wrong caw). I am only can install trap at this pair, that is buy stop at price level 1.2828 and sell stop at gyration of level 1.2795.

[najmul.djd]

eur/usd technical analysis by using : average directional movement

adx : 22.0385
+di : 11.0350
-di : 16.7907
timeframe : 1 hour

time : 0400
date : 21.11.2012