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Thread: EUR/USD
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07-02-2013, 07:01 PM #16
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The pair shows bearish bias after the attempts to surpass 1.3060, where it heads towards the psychological barrier 1.3000 and 1.2975
And until now, we still waiting for clearer confirmation signals for the next trend, by monitoring the price behavior according to the above mentioned levels.
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07-03-2013, 01:42 AM #17
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WE must break below 1.2960 We have got the first break below 1.3000 So possibly I expect it to hold for the move below 1.2960 And then short it with stop around 1.3050 And Take profit should be 1.2804 Where I expect pair would find some support atleast Because of short selling approaching its peak
REgards
Check the chart
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07-04-2013, 03:02 PM #18
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Update:
No new in my last view, till now the pair moving exactly as i expected in my above analysis,we have to wait to monitor the price according to 1.2920 and 1.3061 levels, while we need to take into consideration the volatility that might appear on the market once the ECB release.
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07-04-2013, 04:39 PM #19
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The pair shows weak trading since morning and trades within tight range, which allows us to keep the morning issued scenario as it is without any change, to monitor the price according to 1.2975 and 1.3060 levels, while we need to take into consideration the volatility that might appear on the market once the ECB releases the rate decision data.
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07-05-2013, 02:39 PM #20
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The pair settled below 1.2975 yesterday, opening the way for more intraday decline, and the next main target at 1.2835
The negative pressure will be preferred for today, conditioned by stability below 1.2975, taking into consideration the expected high volatility upon releasing the unemployment and payroll data from the US economy this afternoon.
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07-06-2013, 11:41 PM #21
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With a break below 1.2931 and more importantly 1.2880 the next target for euro is 1.2770 And I Would like to see that one hold Because This is the last line of defence for bulls and I would like to see it break Because Below there is 1.2350 clean and very important support so expect that to hold towards 1.2931 and then a decline through 1.2770 would be very good trade
Regards
Check the chart
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07-07-2013, 04:49 PM #22
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07-08-2013, 04:08 PM #23
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The pair trades with slight bullish bias since morning attempting to step above 1.2840, while our morning issued expectations continue with a general expected bearish bias as long as the daily closes are stable below the mentioned level.
Note that Stochastic positivity interprets the reasons of the current bullish bias.
Expected trading range for today is between: 1.2700 support and 1.2920 resistance.
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07-09-2013, 07:12 PM #24
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07-10-2013, 04:21 PM #25
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Eur / USd trend according to me once it hits 1.26 it will move back to 1.30 its one of my best pair as it has low spread and for new traders its easy to predict its trend and it normally move 50 to 100 pips per day that is why i like it
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07-10-2013, 04:46 PM #26
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That pair evolves into condition next and I predict this condition will continue to side until now and it may be this condition will be continue advance into the side (with a higher range) until new NFP. From my experience, the price movement tend to side with motion (especially EUR / USD) for several days when it is near with new NFP. I did not quite like this condition because the I got more losses when price is moving in the side.
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07-11-2013, 10:26 AM #27
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EUR USD breached the descending channel that shown in the following 4H time frame, and it reached the strong resistance level @ 1.3165 which represent 61.8% fibo for the last bearish wave, so falling down expected from this resistance and my a waited target will be @ 23.6% fibo level. Stochastic support my bearish movements expectation.
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07-12-2013, 01:14 PM #28
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I think it will by sharp down in the begin of the week so we shall sell all our trades fast and make other pending trade with buy
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07-15-2013, 04:54 AM #29
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eur/usd forecast for 15 july 2013
as we can see in daily chart, this pair can't break through the resistance area and being rejected last friday.
today this pair start with down movement and today it should be down again.
current price: 1.3058
sell entry with stop loss at 1.3100
safe take profit at around 1.3000
good luck...
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07-16-2013, 02:12 AM #30
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I think price 1.3200 posted this week, maybe the pair is expected to resume the down and fall sub 1.30 as soon as next week.