Guest FXTechstrategy Team Posted September 11, 2012 Posted September 11, 2012 EURUSD: With EUR holding above its broken resistance zone at the 1.2692/1.2748 levels, further upside gain is likely. It now faces the risk of moving higher towards the 1.2839 level where its daily 200 ema is located. A breather may occur and turn the pair back lower at this level but if this fails to occur, expect the pair to strengthen further towards the 1.2900 level. Its daily RSI is bullish and pointing higher supporting this view. The alternative scenario will be for the pair to return to the 1.2692/1.2748 levels where a reversal of roles could occur. Further down, support lies at the 1.2442 level where a violation will expose the 1.2239 level. A clearance of here will set the stage for a move lower towards the 1.2132/17 levels. All in all, EUR continues to face upside recovery threats.
Gloria Posted November 23, 2015 Posted November 23, 2015 The resistance level close to the psychologically key number of 1.5250 held up well before the FOMC release and appears that it may well now have comfortably flipped over to have become support now that the price has broken out of its previous fairly narrow range. Therefore I am comfortable looking for a long trade there today.
Gloria Posted January 7, 2016 Posted January 7, 2016 The market seems poised to continue in the same way with a flight to safety as stocks fall and the USD and JPY gain. The next hurdle will probably be support at around 1.0700.
Gloria Posted January 8, 2016 Posted January 8, 2016 Short entry following a bearish price action reversal on the H1 time frame immediately upon the next touch of 1.0835.
Rajesh Posted February 11, 2016 Posted February 11, 2016 EUR/USD is the most tradable trading currency, it’s also my favorite trading pair. Besides, I get low trading spread for all major currency pairs of Forex from regulated broker TradingBanks. So, I feel much comfort to trade in major currencies. On the other hand, I have a future plan to use others trading instruments.
Gloria Posted February 11, 2016 Posted February 11, 2016 Long entry following a bullish price action reversal on the H1 time frame immediately upon the next touch of 1.1162.
Gloria Posted February 16, 2016 Posted February 16, 2016 Long entry following a bullish price action reversal on the H1 time frame immediately upon the next touch of 1.1075.
Gloria Posted March 12, 2016 Posted March 12, 2016 Make a long entry following a bullish price action reversal on the H1 time frame immediately upon the next touch of 1.0771.
Gloria Posted March 16, 2016 Posted March 16, 2016 You can go long following a bullish price action reversal on the H1 time frame immediately upon the next entry into the zone between 1.1068 and 1.1035.
Gloria Posted March 18, 2016 Posted March 18, 2016 This is much softer than originally anticipated, so it makes sense that the US dollar would lose quite a bit of strength against the Euro. With this, I believe that this pair continues to go higher and that we are going to reach towards the 1.13 level, and then eventually the 1.15 level after that.
Gloria Posted April 13, 2016 Posted April 13, 2016 Go long following a bullish price action reversal on the H1 time frame immediately upon the next touch of 1.1337 or 1.1302.
Gloria Posted June 29, 2016 Posted June 29, 2016 I think now EUR/USD causes a lot of troubles to the traders because of the Brexit, but still some of them made enermous profit on this situation. Just look at the volatility of the market! It's litterally falling and flying!
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