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EUR USD day trading

Your today's views about EUR/USD-> Bullish Bearish or Neutral?
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EUR USD day trading

Postby Kikizyak » Fri Jul 31, 2015 8:10 pm

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The immediate trend remains down and the momentum is strong. Above 1.1115 look for further upside with 1.116 & 1.12 as targets.
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Re: EUR USD day trading

Postby Kikizyak » Sun Aug 02, 2015 11:25 am

Ok, guys, I have decided to try mesefl in week forecasts. So, let's see what I suppose will be going on August 3-7. Dominant bias: Neutral. This pair experienced a great deal of volatility last week. Price went up on Monday, and then dropped seriously from Tuesday to Thursday. On Friday, price spiked upwards and immediately following that, got corrected to the downside.

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Re: EUR USD day trading

Postby pipabode » Wed Aug 05, 2015 9:09 am

Technical analysis of EUR/USD of 5th July 2015
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It is anticipated that, upon reaching the support 1.08410 EUR will likely reverse, being that that is the lowest low, it has reached today. Traders holding to short positions at this time should look forward to stopping at that level. Amovemments below this level will signal further movements down.
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Re: EUR USD day trading

Postby pipabode » Mon Sep 21, 2015 1:15 pm

Technical analysis of EUR/USD for September 21, 2015
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When the European market opens, economic news on the German PPI m/m is due to be released. The US will publish economic data about Existing Home Sales. So amid the reports, EUR/USD will move with low to medium volatility during this day.

TODAY TECHNICAL LEVELS:

Breakout BUY Level: 1.1343.

Strong Resistance:1.1337.

Original Resistance: 1.1326.

Inner Sell Area: 1.1315.

Target Inner Area: 1.1289.

Inner Buy Area: 1.1263.

Original Support: 1.1252.

Strong Support: 1.1241.

Breakout SELL Level: 1.1235.
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Re: EUR USD day trading

Postby pipabode » Tue Jan 19, 2016 9:05 am

Technical analysis of EUR/USD for January 19, 2016
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The EUR/USD pair is still moving between levels of 1.0804 and 1.0984. These levels correspond to the double bottom and 78.6%% of Fibonacci retracement levels in the H1 chart. The pair has already formed strong resistance at the level of 1.1001 and is currently approaching it for further testing. Therefore, the EUR/USD pair is expected to go downwards following the non-corrective structure indicating the bearish opportunity below the level of 1.0984 (the double top). Sell deals are recommended below 1.0984 with the first target at 1.0871. Thus, the downtrend is likely to continue the bearish movement towards 1.0820. Moreover, the price has probably formed the strong support level at 1.0804 in the H1 chart. The saturation is likely to take place around 1.0804. Therefore, it is possible that the market will start showing the signs of a bullish behavior later. In other words, buy deals are recommended above 1.0804 with the first target seen at 1.0901 and further at the level of 1.1000. Also, it should be noted that the key level is set at the weekly pivot point (1.0901).
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