Forex Analysis
Michael Becker
2014-09-19 14:46:45 UTC+00 1 day, 1 hour, 13 min. ago
One more day of sideway consolidation. Is the medium-term downtrend about to end ? Bearish slide below 1.2850 enhances the bearish side of the market.
Arief Makmur
2014-09-19 03:10:43 UTC+00 1 day, 12 hours, 49 min. ago
When the European market opens, some economic news will be released such as German PPI m/m, Current Account. The US will release the economic data too such as the CB Leading Index m/m, so amid the reports, EUR/USD will move with low volatility during this day. TODAY TECHNICAL LEVELS: Breakout BUY Level: 1.2982. Strong Resistance
Michael Becker
2014-09-18 15:48:36 UTC+00 2 days, 11 min. ago
One more day of sideway consolidation.. Is the medium-term downtrend about to end ? A bullish reversal "Head and Shoulders" pattern is being established. The bulls are waiting for confirmation. Key Zone for today's consolidation is located at 1.2980-1.3000. Four-hour above which confirms the bullish reversal towards 1.3180.
Arief Makmur
2014-09-18 04:36:38 UTC+00 2 days, 11 hours, 23 min. ago
When the European market opens, some economic news will be released such as German PPI m/m, Current Account. The US will release the economic data too such as the CB Leading Index m/m, so amid the reports, EUR/USD will move with low volatility during this day. TODAY TECHNICAL LEVELS: Breakout BUY Level
Michael Becker
2014-09-17 08:58:02 UTC+00 3 days, 7 hours, 2 min. ago
One more day of sideway consolidation.. Is the medium-term downtrend about to end ? A bullish reversal "Head and Shoulders" pattern is being established. The bulls are waiting for confirmation. Key Zone for today's consolidation is located at 1.2980-1.3000. Four-hour above which confirms the bullish reversal towards 1.3180.
Mourad El Keddani
2014-09-17 08:35:02 UTC+00 3 days, 7 hours, 25 min. ago
Due to the previous events, the price is still between the levels of 1.3009 and 1.2933, so it is recommended to be careful while making deals in this area. Also, It should be noted that the market showed the signs of instability because the trend movement was controversial as it took place in the narrow sideways channel. So, the market was in an uptrend for a short term. Moreover, it might be noticed that the price of EUR/USD pair has been rebounding higher towards the level of 1.2973. Also, note that we expect a range of 70 pips today and the level of 1.2933 will act as the key level to confirm the bullish market. Therefore, buy above the level of 1.2933 (1.2929: 23.6% of Fibonacci retracement levels), with the first target of 1.2983, it might resume to the 1.3009.
Joseph Wind
2014-09-17 06:28:13 UTC+00 3 days, 9 hours, 32 min. ago
Until the price closes below 1.3060, selling on an upmove will be preferable in the near term. Fresh selling will trigger below 1.2924 towards 1.2909
Arief Makmur
2014-09-17 02:41:31 UTC+00 3 days, 13 hours, 18 min. ago
When the European market opens, some economic news will be released such as Italian Trade Balance, Final CPI y/y, Final Core CPI y/y. The US will release the economic data too such as the CPI m/m, Core CPI m/m, Current Account, NAHB Housing Market Index, Crude Oil Inventories, Federal Funds Rate, so amid the reports, EUR/USD will move with medium volatility during this day. TODAY TECHNICAL LEVELS: Breakout BUY Level: 1.3021. Strong Resistance
Michael Becker
2014-09-16 14:39:30 UTC+00 4 days, 1 hour, 20 min. ago
Is the medium-term downtrend about to end ? A bullish reversal "Head and Shoulders" pattern is being established. The bulls are waiting for confirmation. Key Zone for today's consolidation is located at 1.2980-1.3000. Four-hour above which confirms the bullish reversal towards 1.3180.
Arief Makmur
2014-09-16 03:05:18 UTC+00 4 days, 12 hours, 55 min. ago
When the European market opens, some economic news will be released such as ZEW Economic Sentiment. The US will release the economic data too such as the PPI m/m, Core PPI m/m, TIC Long-Term Purchases, so amid the reports, EUR/USD will move with low to medium volatility during this day. TODAY TECHNICAL LEVELS: Breakout BUY Level: 1.3000
Michael Becker
2014-09-15 12:40:47 UTC+00 5 days, 3 hours, 19 min. ago
A medium-term downtrend is about to end. A bullish reversal pattern is about to be confirmed. Key Zone for today's consolidation is located at 1.2980-1.3000. Four-hour above which confirms the bullish reversal towards 1.3180.
Mourad El Keddani
2014-09-15 10:07:50 UTC+00 5 days, 5 hours, 52 min. ago
The EUR/USD pair broke major support at the price of 1.3009 last week. But the level of 1.3009 has become strong resistance for September 15-19, 2014. Also, it should be noted that the weekly pivot point is calculated at 1.2933 and the pair is now moving from it. Therefore, it will probably start an downside movement at this area and recover again. So, the market will indicate a bearish opportunity at the level of 1.2933 and it will be a good sign to sell at this spot with the first target of 1.2890, and continue towards 1.3858 in order to test the double bottom. On the other hand, if a break of 1.3009 happens, then it will be a good location for placing stop loss.
Arief Makmur
2014-09-15 03:58:07 UTC+00 5 days, 12 hours, 2 min. ago
When the European market opens, some economic news will be released such as Trade Balance.The US will release its Empire State Manufacturing Index, Capacity Utilization Rate, Industrial Production m/m, so amid the reports, EUR/USD will move low volatility during this day.
Joseph Wind
2014-09-15 01:29:06 UTC+00 5 days, 14 hours, 31 min. ago
The support levels are at 1.2943 (12EMA) and 1.29 (35DEMA). The selling pressure will pin below 1.29 and panic will create below 1.2859 towards 1.2840, 1.2820 and 1.2796, maybe even 1.2750 levels.
Michael Becker
2014-09-12 16:00:46 UTC+00 1 week, 23 hours, 59 min. ago
A medium-term downtrend is about to end. A bullish reversal pattern is about to be confirmed. Key Zone for today's consolidation is located at 1.2980-1.3000. Four-hour above which confirms the bullish reversal towards 1.3180.
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