EUR/USD
Biedrs kopš
41 ieraksti
Nov 10, 2014 at 07:07
any one using EA for eurousd trading??
please reply..
please reply..
Biedrs kopš
1141 ieraksti
Nov 10, 2014 at 07:34
EURUSD pair fell hard during the session on Friday, breaking down below the 1.24 level. Looks like the bears are in complete control and the pair should continue to move lower. We have a longer-term support of 1.2050, so selling the rallies between here and there will offer some risk/reward opportunities.
"I trade to make money not to be right."
Biedrs kopš
1117 ieraksti
Nov 10, 2014 at 16:21
Despite the significant pullback we saw after the drop last week, I think that the bears are in control again and the downward trend will continue with likely target 1.2200.
Biedrs kopš
413 ieraksti
Nov 10, 2014 at 19:51
I agree with you and will keep an eye on it. thank you.
Biedrs kopš
454 ieraksti
Nov 10, 2014 at 21:19
I don't think the price will move much this week. today was a boring day with no significant entry points.
Biedrs kopš
372 ieraksti
Nov 10, 2014 at 21:38
EUR / USD took off last Friday over the level of 1.2400.
This morning started in view of the resistance of 1.2535.
The outlook remains negative.
The level of momentum and RSI showed strength as the daily MACD remains below its zero line and signal.
There is a positive divergence between both oscillators and price action, which favors a correction.
R3 - 1.25722
R2 - 1.25406
R1 - 1.24816
Daily Pivot - 1.24500
S1 - 1.23910
S2 - 1.23594
S3 - 1.23004
This morning started in view of the resistance of 1.2535.
The outlook remains negative.
The level of momentum and RSI showed strength as the daily MACD remains below its zero line and signal.
There is a positive divergence between both oscillators and price action, which favors a correction.
R3 - 1.25722
R2 - 1.25406
R1 - 1.24816
Daily Pivot - 1.24500
S1 - 1.23910
S2 - 1.23594
S3 - 1.23004
Biedrs kopš
230 ieraksti
Nov 10, 2014 at 23:25
sherifFares posted:
I don't think the price will move much this week. today was a boring day with no significant entry points.
I agree, fundamentally today is quiet, but the market still looking favorable for the bears.
Biedrs kopš
834 ieraksti
Nov 11, 2014 at 00:07
sherifFares posted:
I don't think the price will move much this week. today was a boring day with no significant entry points.
Let's see, today we have a light economic calendar day again.
Biedrs kopš
271 ieraksti
Nov 11, 2014 at 03:54
takechance posted:
In a downtrend the Eur is now approaching a crucial fibo level of 1.2490. Could be a good shorting opportunity with stop at 1.2580.
The short trade from 1.2490 nicely making some profits.......target can be at 1.2360 which we should see in a day or two.
antariks1@
Biedrs kopš
1141 ieraksti
Nov 11, 2014 at 07:39
Lower lows and lower highs are keeping the downtrend alive for the EURUSD, though larger swings on the hourly charts indicate momentum is slowing above 1.2360. We remain bearish on the pair though traditionally strong US stock performance has led to Euro gains, and with the stocks rallying this could put some pressure on USD bulls.
"I trade to make money not to be right."
Biedrs kopš
413 ieraksti
Nov 11, 2014 at 10:03
Very successful analysis, thank you.
Biedrs kopš
1117 ieraksti
Nov 11, 2014 at 11:29
The market seems relatively quiet today and EUR/USD is slowly crawling on its way down, although I think that for the moment that is just part of the correction. Once it breaks below the support at 1.2360 it will likely continue falling at least until it reaches 1.2200.
Biedrs kopš
834 ieraksti
Nov 11, 2014 at 14:06
I agree with you victoriajensen, it does seem quiet today, I think as long as eur/usd is trading below 1.2450 bearish trends would continue.
Biedrs kopš
372 ieraksti
Nov 11, 2014 at 19:45
EUR / USD dropped to touch the moving average of 50 periods.
The RSI does not crossed the 50 line and the MACD is already in negative territory for almost crossing the signal line.
Evident on the daily chart are the minimum and maximum decreasing and below the moving averages of 50 and 200 days.
R3 - 1.25697
R2 - 1.25393
R1 - 1.24791
Daily Pivot - 1.24487
S1 - 1.23885
S2 - 1.23581
S3 - 1.22979
The RSI does not crossed the 50 line and the MACD is already in negative territory for almost crossing the signal line.
Evident on the daily chart are the minimum and maximum decreasing and below the moving averages of 50 and 200 days.
R3 - 1.25697
R2 - 1.25393
R1 - 1.24791
Daily Pivot - 1.24487
S1 - 1.23885
S2 - 1.23581
S3 - 1.22979
Biedrs kopš
230 ieraksti
Nov 11, 2014 at 22:57
It looks like could be another sell opportunity.
Biedrs kopš
1141 ieraksti
Nov 12, 2014 at 07:32
Bearish momentum drops, EURUSD moved in a tight range under 1.2500 yesterday, creating a sideways consolidation pattern. I still remain bearish on the Euro and bullish on the USD, though oversold conditions and a relatively light news week up until Friday could keep us from seeing another major move downward (and possibly even mild upward correction). A sustained break below 1.2400 is needed to increase bearish momentum once again.
"I trade to make money not to be right."
Biedrs kopš
1117 ieraksti
Nov 12, 2014 at 12:40
It looks like range continues for EUR/USD. The market seems to be exceedingly calm today. I took a look at the economic callendar and it appears that it will stay that way at least until Friday.
Biedrs kopš
454 ieraksti
Nov 12, 2014 at 19:47
Price seems to rebound every time it touches 1.2500 I think it's a good entry point for a sell position.
Biedrs kopš
413 ieraksti
Nov 12, 2014 at 21:59
Yes of course, i agree with you on this point sherifares.
And God luck
And God luck
Biedrs kopš
372 ieraksti
Nov 12, 2014 at 22:54
EUR / USD fell yesterday after touching the moving average of 50 periods.
The RSI found resistance near its line of 50 and is pointing down, with the MACD already in negative zone.
R3 - 1.25615
R2 - 1.25294
R1 - 1.24828
Daily Std. Pivot - 1.24507
S1 - 1.24041
S2 - 1.23720
S3 - 1.23254
The RSI found resistance near its line of 50 and is pointing down, with the MACD already in negative zone.
R3 - 1.25615
R2 - 1.25294
R1 - 1.24828
Daily Std. Pivot - 1.24507
S1 - 1.24041
S2 - 1.23720
S3 - 1.23254
