[Forex-1 | Euro vs US Dollar] We see high chances of the pair move up gradually towards (1.32213 – 1.33152). A proper confirmation would occur if the EURUSD will manage to overcome the (1.31646) resistance over today`s trading session.Longing EURUSD is advisable for today.
[Forex-1 | Euro vs US Dollar] We see high chances of the pair move up gradually towards (1.32415 – 1.33627). A proper confirmation would occur if the EURUSD will manage to overcome the (1.31733) resistance over today`s trading session.Longing EURUSD is advisable for today.
[Forex-1 | Euro vs US Dollar] We prefer upside scenario at this phase. Since bias is bullish in nearest term targeting (1.31904). Another move back below (1.29434) could lead us to neutral zone.You may try to buy from (1.29874), (1.29264), and (1.28784) with a stop loss below (1.29434).
Continue Reading →[Forex-1 | Euro vs US Dollar] EURUSD is at a crossroads, where it is recommended to evaluate the development of the activity of both parties. A close above (1.30625) will call for (1.33339), and Loss of (1.28659) sees (1.28784).We need to keep a closer look on how prices would behave on today`s trading session.
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Continue Reading →[Forex-1 | Euro vs US Dollar] EURUSD is at a crossroads, the instrument has a 50 – 50 chance of a recovery above (1.29960) or a fall towards (1.28770) in the coming session. We have to wait and watch the movement of the instrument from current levels.We need to keep a closer look on how prices would behave on today`s trading session.
Continue Reading →[Forex-1 | Euro vs US Dollar] We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (1.28649) zones. A proper confirmation would occur if the EURUSD will manage to overcome the (1.30132) resistance.Our bias is on buying EURUSD with a stop loss under (1.28649) for today.
Continue Reading →[Forex-1 | Euro vs US Dollar] We see better value in short positions. If the price will go below the first support at (1.28181), this would confirm continuation of the bearish trend, towards next objective downwards (1.27751) then (1.27287) and (1.26869) will follow.We will try to sell EURUSD from our mentioned resistance levels.
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Continue Reading →[Forex-1 | Euro vs US Dollar] The outlook has grown increasingly bearish since EURUSD had remained below its latest swing high at (1.28181). If this resistance level is broken to the upside, the outlook will deteriorate.Short positions are favored for today.
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EURUSD Analysis 2012.01.27
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