Thread: Eur/Usd
pair- eur/usd
chart analysis time frame- m30
price is break the supporting trend line and a strong bear candle is close below the pivot point at 1.3761 level. as the colure macd indicator is also giving us short signal. upper side its not able to move the resistance at 1.3785 level. short this pair with the take profit at 1.3700
good luck
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Couple again broke the resistance 1.3755 and is again trading above it, suggesting the likelihood of developing growth. Today it is obvious the pair will attempt to test the 1.3755 as support and from there probably will unfold on growth. If support is broken, can again be likely to reduce. Height guess the resistance towards 1.3916, which previously anticipated. Decline to 1.3673.
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we can see in the 1h chart
the pair can not close down the broken up trend line
I see the pair will go to up way to 1.3866
stochastic refers that the pair will go up
so our target buy from 1.3777 and our target will 100pips
Good luck
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Update: 17 December 2013
resistance3: 1.3921
resistance2: 1.3898
resistance1: 1.3832
Key point: 1.3760
support1: 1.3712
support2: 1.3667
support3: 1.3623
sell : 1.3765
Short target: 1.3721
Long target:1.3698
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I think euro / usd is in up trend. but hindered by strong price movements resistent formed on the daily timeframe, if the price broke through the resistent, it is not likely that prices will rise even further than now, but if the price is rejected resistent. then I make a simulation of price movements
note: This simulation is not necessarily true, but it deserves to be considered
Click Thanks if my Comment Help You
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Daily analysis for EURUSD, irregular flat correction up 1.3835 close to daily pivot point 1.3765
Elliott 1.3710
Closing 1.3761
Ex-Low 1.3736
Ex-High 1.3799
Support 1 1.3730
Support 2 1.3701
Resistance 1 1.3793
Resistance 2 1.3827
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Pair = EURUSD
Camarilla pivot point
R4 = 1.3798
R3 = 1.3779
R2 = 1.3773
R1 = 1.3766
S1 = 1.3754
S2 = 1.3747
S3 = 1.3741
S4 = 1.3722
Tuesday, December 17, 2013
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pair today : down
indicators today : down
the pair try go down the area at 1.3775
my long target 1.3735
then we can see the level at 1.3694
until the level at 1.3612
good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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