Forex Analysis
Michael Becker
2014-08-21 15:17:53 UTC+00 10 hours, 39 min. ago
The short-term bearish trend remains intact as long as the bears keep defending the price zone of 1.3420-1.3450. In case the bears keep applying significant bearish pressure, the EUR/USD pair has Intraday DEMAND zone located between 1.3235 - 1.3215 respectively (Fibonacci Expansion Levels). On the other hand, bullish fixation above 1.3440 is essential to acquire a momentum strong enough to initiate a bullish corrective move towards 1.3530.
Arief Makmur
2014-08-21 03:10:30 UTC+00 22 hours, 46 min. ago
When the European market opens, some economic news are expected today.
Michael Becker
2014-08-20 16:30:17 UTC+00 1 day, 9 hours, 26 min. ago
The EUR/USD pair is expected to meet an Intraday DEMAND level around 1.3275 where the lower limit of the sub-channel is located. Price action should be watched today. In case the bears keep applying significant bearish pressure, the EUR/USD pair has Intraday DEMAND levels located around 1.3325, 1.3235, and 1.3215 respectively (Fibonacci Expansion Levels). On the other hand, bullish fixation above 1.3440 is essential to acquire a momentum strong enough to initiate a bullish corrective move towards 1.3530.
Arief Makmur
2014-08-20 03:32:44 UTC+00 1 day, 22 hours, 24 min. ago
When the European market opens, some economic news will be released such as German PPI m/m.The US will release its Crude Oil Inventories and FOMC Meeting Minutes. So amid the reports, EUR/USD
Joseph Wind
2014-08-20 02:09:47 UTC+00 1 day, 23 hours, 47 min. ago
We recommend selling only below 1.3295 with targets at the 1.3250 and 1.3220-1.3210 levels. On the higher side, it has resistance at the 1.3340, 1.3361, and 1.3365 levels.
Michael Becker
2014-08-19 14:16:26 UTC+00 2 days, 11 hours, 40 min. ago
The short-term bearish trend remains intact as long as the bears keep defending the price zone of 1.3420-1.3450. In case the bears keep applying significant bearish pressure, the EUR/USD pair has Intraday DEMAND levels located around 1.3325, 1.3290, and 1.3275 respectively (Fibonacci Expansion Levels). On the other hand, bullish fixation above 1.3430 ensures a deeper bullish correction towards 1.3520 and 1.3550.
Mourad El Keddani
2014-08-19 11:27:01 UTC+00 2 days, 14 hours, 30 min. ago
The EUR/USD pair has broken a minor support at the level of 1.3350. Additionally, it should be noted that the price has opened below the minor support today. Moreover, the weekly pivot point is calculated at 1.3381 this week. The price was approaching it in order to test it yesterday but the trend failed to hit it. Therefore, it will probably start downside movement at this area and recover again. Thus, the market will indicate a bearish opportunity below the minor support (1.3350), so it will be a good sign to buy at this spot with a first target of 1.3333 (the double bottom), and continue towards 1.3302 in order to try hitting the weekly support 1. On the other hand, if there is a break at the price of 1.3385, then it will be a good location for placing the stop loss.
Arief Makmur
2014-08-19 02:45:34 UTC+00 2 days, 23 hours, 11 min. ago
When the European market opens, some economic news will be released such as Current Account. The US will release the economic data too such as the Building Permits, CPI m/m, Core CPI m/m, and Housing Starts. So, amid the reports, EUR/USD will move low to medium volatility during this day.
Joseph Wind
2014-08-19 01:05:41 UTC+00 3 days, 51 min. ago
In an intraday basis, until the pair breaches 1.3365, sellers will mint the money. A daily close below 1.3295 will push the pair towards 1.3250 and 1.3210 in a week's time.
Michael Becker
2014-08-18 14:37:56 UTC+00 3 days, 11 hours, 19 min. ago
Recently, the EUR/USD pair has been downtrending within the depicted sub-channel until bullish pressure was applied around 127% Fibonacci Expansion (1.3345). Bullish engulfing daily candlestick was expressed on Friday. This indicates a possible double bottom reversal pattern with bullish projection target roughly around 1.3500-1.3520
Harsh Japee
2014-08-18 12:52:52 UTC+00 3 days, 13 hours, 4 min. ago
Technical analysis and trading recommendations on EUR/USD for August 18, 2014. The EUR/USD has been drifting sideways in a rising wedge formation as seen here. A push above 1.3400 is required to reach 1.3470/75 resistance.
Mourad El Keddani
2014-08-18 11:22:14 UTC+00 3 days, 14 hours, 35 min. ago
According to the previous events, the price of EUR/USD is going to move between the levels of 1.3366 and 1.3430. Buy above the level of 1.3381 which represents the weekly pivot point in H1 chart with the first target at 1.3413 in order to test the double top. Then, the trend will be able to continue toward the level of 1.3429. Also, it should be noted that the weekly resistance 1 coincides with the price of 1.3429. Notwithstanding, the stop loss should be set at 1.3350.
Arief Makmur
2014-08-18 04:44:57 UTC+00 3 days, 21 hour, 12 min. ago
When the European market opens, some economic news will be released, for example, trade balance.
Michael Becker
2014-08-15 14:41:38 UTC+00 6 days, 11 hours, 15 min. ago
In case the bears keep applying significant bearish pressure, the EUR/USD pair has Intraday DEMAND levels located around 1.3325, 1.3290, and 1.3275 respectively (Fibonacci Expansion Levels). On the other hand, bullish fixation above 1.3430 ensures a deeper bullish correction towards 1.3520 and 1.3550. Range breakout is likely to occur soon. A valid entry is suggested in the same direction of the breakout.
Arief Makmur
2014-08-15 02:11:19 UTC+00 6 days, 23 hours, 45 min. ago
Today the European region will not release any economic data because of French and Italian Bank Holiday. The US will release economic data such as the PPI m/m, Core PPI m/m, Empire State Manufacturing Index, TIC Long-Term Purchases, Capacity Utilization Rate, Industrial Production m/m, Prelim UoM Consumer Sentiment,
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