EUR / USD
Current Price 1.1185
@ Resistance 1.1217
@ Resistance 1.1253
@ Resistance 1.1281
@ Support 1.1159
@ Support 1.1128
@ Support 1.1095
Thread: Eur/usd
EUR / USD
Current Price 1.1185
@ Resistance 1.1217
@ Resistance 1.1253
@ Resistance 1.1281
@ Support 1.1159
@ Support 1.1128
@ Support 1.1095
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EUR/USD seems to have carved out an interim bottom ahead of the release of the key US data.
The currency pair charted a bullish outside bar candlestick pattern, which occurs when the day begins on a pessimistic note, but ends with optimism, engulfing preceding day's price action.
Thursday's bullish outside bar candle engulfed the price action of the preceding six days and has appeared at the bottom of an established downtrend.
Hence, it suggests an impending bullish reversal. The trend change, however, would be confirmed if the pair ends today above Thursday's high of 1.1087.
A bullish close could be seen if the US data, due for release at 12:30 GMT, shows the consumer spending, as represented by Retail Sales, dropped sharply in August. Retail Sales are forecasted to rise 0.2% month-on-month in August, having risen by 0.7% in July.
A dismal data would bolster recession fears, sending the USD lower across the board. The EUR/USD pair, however, may close below 1.1087 if the retail sales blow past expectations, validating the argument put forward by some observers that the economy is holding up well and the Federal Reserve should not embark on an all-out easing cycle.
Apart from the Retail Sales, the pair may also be influenced by the US Export Price Index and Michigan Consumer Sentiment Index (Sep), scheduled for release at 12:30 GMT and 14:00 GMT, respectively.
The Euroarea Finance ministers will hold a thematic discussion on the quality of public finances and exchange views on initiatives to boost the transparency of the Eurogroup at the Eurogroup and informal ECOFIN meetings in Helsinki, Finland on Friday and Saturday. The EUR may pick up a bid if the finance ministers agree on the need for fiscal stimulus.
As of writing, EUR/USD is trading at 1.1070, having hit a low of 1.1055 in the Asian trading hours.
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The given pair for analysis is : EUR/USD
My technical analysis for the following pair is given:
The pivot point is : 1.1079
The trend for given pair is : Sell.
BEST OF LUCK.
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Currency pair is : Eur/Usd
Current price: 1.1063
pivot point :1.1024
Moving average: buy
volume Oscillator: buy
Resistance level of this pair is:
1# Resistance is: 1.1087
2# Resistance is: 1.1098
3# Resistance is: 1.1101
Supporting level of this pair is :
1# Supporting is: 1.1057
2# Supporting is: 1.1020
3# Supporting is: 1.1009
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ABDULLAHGUL (2019-09-13), Ahmadali (2019-09-13), irmafuad (2019-09-14)
Ya pair bohat zyada riski hy. Meara ya hi mashvera hy iss pair main invest krnay sy phaly invester it is possible the breakdown of the resistance level and this pair will continue to go down to the next lower level .
in my personal view this pair will be continue bullish trend, for intraday trading today
you can take entry SELL Order now
, and target take profit around the support level
if market movement as my scenario, you can earn good profit and avoid much loss in your trading .
keep trade with discipline and patience.ko tamam phalo ka anaylasis kr leana chaye. Invester ko moving average or technical ko achi tarha daikh leana chaye. Ya tamam anaylasis krnay k baad invester ko decision leana chaye k kya iss pair main invest krna chaye k nai.
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.
ABDULLAHGUL (2019-09-13), Ahmadali (2019-09-13)
Eur/usd
Market analysis about trading
Today market trend:sell
Pivot points
Current price
And
Resistance and Support points market ke nechay janay ke haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye
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ABDULLAHGUL (2019-09-13), Ahmadali (2019-09-13)
Today market trend: Sell
Today's price and current price is pointing clearly towards that market will go down in business..
Resistance and Support points are also pointing that business and...
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Ahmadali (2019-09-13), jellybelly2017 (2019-09-14)
Technical Analysis of Eur/Usd
Today Trend is :Buy
1>Resistance is:1.1089
2>Resistance is:1.1184
3>Resistance is:1.1279
1>Supporting is:1.0987
2>Supporting is:1.0865
3>Supporting is:1.0741
Resistance and Supporting level is so important rule in the trading business
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Currency pair is : Eur/Usd
Current price: 1.1064
pivot point :1.1025
Moving average: buy
volume Oscillator: buy
Resistance level of this pair is:
1# Resistance is: 1.1080
2# Resistance is: 1.1095
3# Resistance is: 1.1105
Supporting level of this pair is :
1# Supporting is: 1.1050
2# Supporting is: 1.1025
3# Supporting is: 1.1005
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Is time ke price ye chal rhe he......... 1.1184
Resistance level 1 # 1.1216
Resistance level 2 # 1.1250
Resistance level 3 # 1.1280
Support level 1 # 1.1150
Support level 2 # 1.1120
Support level 3 # 1.1090
Ye pair buy ka bna huwa he i think jahan par market punche huwe he wahan se up ke traf movement kar sakte he so main suggest kronga hamen buy ki trade lga dene chaheye i hope is trade se ham profit earn kar len
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.
akmal03 (2019-09-13)
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