eur/usd
Eur/Usd went above 1.3800 today but didnt make any significant bullish move. It is moving around 1.3800. I think upward retracements are over and now it will go down towards 1.3700.
Eur/Usd went above 1.3800 today but didnt make any significant bullish move. It is moving around 1.3800. I think upward retracements are over and now it will go down towards 1.3700.
Pair has made significant upward movement in this week. It has already touched 1.3905 but close below 1.3900. It can go above 1.3950 in the start of next week because there is no major resistance near.
Pair was not much active this week. It came down in first two days but kept it self above 1.3800 for most part of this week. I think it will come down further in next week.
Support level at 1.3750. Reistance at 1.3905.
Stick to your rules
pair is below 1.3800 now. I think it will go towards below 1.3740 and then 1.3700. It has already made bearish wave pattern with very little upside movement probability. Looks like Shorts are gonna win good pips this week.
It is trading higher this week and already gone near 1.3855 yesterday. Draghi's speech is about to start. It may have significant impact on this pair.
Stick to your rules
Eur/Usd may down this week. It has already reached near resistance zone of 1.3900. It can go below 1.3800 towards 1.3750 this week. In longrun, it is strongly upwards and may cross 1.4000 in next couple of weeks.
Stick to your rules
Eur/Usd is really confusing. Even though I am also expecting it to be bullish in long run but in short term I am not sure abt it. Looks like it will go below 1.3800 this week because it has already retraced from short term resistance level. But I am not going to trade it once I am clear about its trend.
The good or ill of a man lies within his own will. – Epictetus
Usd is strengthening significantly this week especially against eur and gbp.
Eur/Usd is trading at 1.3673 which is strong support zone. The question is will it go further down? I think yes because current bearish wave is very strong and can easily take it to 1.3625.
The good or ill of a man lies within his own will. – Epictetus
Eur/Usd made a new 2 month low of 1.3636 yesterday and now it is range-bound. Long term trend is expected to stay bearish. Once it breaks out of the range, it will go below 1.3600 unless it breaks upward.