Kapello Posted August 6, 2015 Posted August 6, 2015 Hello, dear forum members!Let's share our EURUSD currency pair forecasts here. I believe it could be useful. Now we can see two strong support levels - 1.0870 and 1.0855. Second support level is stronger. And if the pair breaks it, EURUSD will test Low of last year(1.0814) soon.
Kapello Posted August 12, 2015 Author Posted August 12, 2015 There was a strong resistance level of 1.1130. Now it's broken and this pair can easily increase further. I guess, it's a good time for buyings. Local resistance of 1.5622 with a big probability will cut the bullish wave and push the pound to 1.55.
Kapello Posted August 12, 2015 Author Posted August 12, 2015 Local support of 124.71 was broken today. So, there will be a decline towards 123.53 support level. I guess bears will lose their pressure at this level. This currency pair suffered from an important macroeconomic news and went downward. And we can see a upward rollback now. But I guess, there will be a downward trend in the near future.
Kapello Posted August 13, 2015 Author Posted August 13, 2015 The local support is situated at 1.1030 level. The intraday resistance is 1.1212. So, you can trade between this two marks. There is a strong resistance at 1.5664 level and local support at 1.55 area. The pair can't break this channel. So, we can trade between this levels or wait for breaking. Well, at this pair chart I wait for new decrease towards 123.54 levels from 124.38-124.58 area. So, I may as well sell it from current price.
Gloria Posted August 17, 2015 Posted August 17, 2015 The EUR/USD unexpectedly formed new general trend. I'm going to open a buy now, but this deal will be short-term because I think there will be a pivot at about 1.1213.
Kapello Posted August 20, 2015 Author Posted August 20, 2015 EURUSD pair is actively moving towards 1.1178 level, but growth is in contrast to weak ADX, so, a downward bounce is likely. There is flat between 1.5644-1.5700 levels, but it is the calm before the storm. The storm is likely to go to the north, so I would advise you to refrain from sales.
Kapello Posted August 25, 2015 Author Posted August 25, 2015 Well, down correction is possible, where you can buy this pair again in the direction of the medium-term goal 1.20
Rajesh Posted August 26, 2015 Posted August 26, 2015 According to my technical as well as fundamental analysis, now I’m with buy position for EUR/USD. Usually, I trade only five trading pairs even though I get big offer to trade around more than 200 trading pairs from TradingBanks broker. But I see when I use too many trading pairs then I can’t concentrate properly. That’s way, I use this restricted way.
Jack Nitschke Posted September 5, 2015 Posted September 5, 2015 It is great to have analysis for this pair since, it’s one of the most common used one, but I fear the results, so that’s why I don’t follow it completely and I don’t really need to, it is all because of OctaFX broker, it’s a lovely broker with having their own daily market updates and news, so with that available, it leaves very less room to seek any other service that too when we are not sure if it’s reliable or not.
Kapello Posted September 15, 2015 Author Posted September 15, 2015 This pair is in the top envelope with weak ADX, so it is unlikely that today we will see it beyond this range (1.1279-1.1396)
Kapello Posted September 16, 2015 Author Posted September 16, 2015 This pair gonna hit 1.1233 level and rise towards 1.1362 area.So, buying are actual from 1.1233 to 1.1362
Kapello Posted September 16, 2015 Author Posted September 16, 2015 This currency pair traded above the key level 120.49, but ended up closing below it. As long as the pair trades below this level sellings are actual.
Kapello Posted September 17, 2015 Author Posted September 17, 2015 This pair bounced off from a key level 1.12139 but is still trading below the key level. It is expected that the pair will move upwards and possibly close at 1.1364. I gonna wait and buy above 1.5527 level, and clear bounce at 1.5513 will signal a reversal of the current trend, thus short positions will be actual.
Kapello Posted September 18, 2015 Author Posted September 18, 2015 There is a continued uptrend for the euro, and the nearest goal of bulls is 1.1529 resistance level. As long as this pair is traded below the upper trend line, buyings are actual, but only up to the trend line. I guess that this pair will touch of 120.61 zone and beginning of decline towards 118.17 lewel.
Kapello Posted September 23, 2015 Author Posted September 23, 2015 Bears were dominated here for a long time, but bulls sieze an iniciative and made a pivot. I guess, some correction will appear soon.
Kapello Posted September 24, 2015 Author Posted September 24, 2015 This pair moved long for the better part of the previous day and is currently trading along a key pivot level 1.1212. Well, some trading recommendation here: buy above 1.5296 with stops at 1.5375, and the next stop at 1.5457.
Kapello Posted September 24, 2015 Author Posted September 24, 2015 Well, this currency pair continues to consolidate within the horizontal channel between 119.06-121.43 levels.
Kapello Posted September 25, 2015 Author Posted September 25, 2015 Well, there is a flat on this pair chart. To tell the truth, you had better not trade today for a while.
Gloria Posted September 28, 2015 Posted September 28, 2015 The EUR/USD market has general down trend as usual, I think it is quite sensible to open a sell here today. The USD/JPY is giving great opportunities to scalpers, but I think it will go up eventually, so I'm going to open a buy with a wide SL.
Gloria Posted September 29, 2015 Posted September 29, 2015 The EUR/USD is changing direction at the moment. I'm still staying short at this market with a wide SL. The USD/JPY fell down significantly and it seems that it won't stop in the near future! But I'm still waiting for a pivot.
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