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[Forex | Euro vs US Dollar] We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (1.2879) zones. A proper confirmation would occur if the EURUSD will manage to fall beyond the (1.2620) support level.Shorting EURUSD is advisable for today. Continue reading EURUSD Analysis 2012.05.18
[Forex | Euro vs US Dollar] We see better value in short positions. If the price will go below the first support at (1.2681), this would confirm continuation of the bearish trend, towards next objective downwards (1.2604) then (1.2564) and (1.2524) will follow.You may try to sell from (1.2799), (1.2869), and (1.2911) with a stop loss above (1.2879). Continue reading EURUSD Analysis 2012.05.17
[Forex | Euro vs US Dollar] EURUSD maintains a bid tone for now. Break above (1.2966) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.2853), however, would confirm continuation of the bearish trend, towards next objective downwards (1.2733).Short positions are favored for today. Continue reading EURUSD Analysis 2012.05.14
[Forex | Euro vs US Dollar] We see better value in short positions. If the price will go below the first support at (1.2891), this would confirm continuation of the bearish trend, towards next objective downwards (1.2836) then (1.2796) and (1.2756) will follow.We will be looking to sell EURUSD upon any price retracement. Continue reading EURUSD Analysis 2012.05.11
[Forex | Euro vs US Dollar] We see high chances of the pair move down gradually towards (1.2804 – 1.2764). A proper confirmation would occur if the EURUSD will manage to close below the (1.2897) support over today`s trading session.You may try to sell from (1.2990), (1.3043), and (1.3095) with a stop loss above (1.3008). Continue reading EURUSD Analysis 2012.05.10
[Forex | Euro vs US Dollar] EURUSD maintains a bid tone for now. Break above (1.3075) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.2933), however, would confirm continuation of the bearish trend, towards next objective downwards (1.2803).Short positions are favored for today. Continue reading EURUSD Analysis 2012.05.09
[Forex | Euro vs US Dollar] We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (1.3190) zones. A proper confirmation would occur if the EURUSD will manage to fall beyond the (1.2990) support level.You may try to sell from (1.3121), (1.3167), and (1.3236) with a stop loss above (1.3190). Continue reading EURUSD Analysis 2012.05.08
[Forex | Euro vs US Dollar] Overall the direction remains unclear and price is moving in (1.3190 – 1.3085) range area, the instrument has a 50 – 50 chance of a recovery above (1.3190) or a fall towards (1.3085) in the coming session.We should wait for the victory of either team players (Bulls or Bears). Continue reading EURUSD Analysis 2012.05.04
[Forex | Euro vs US Dollar] The EURUSD bias is neutral. Upper barrier is at (1.3293), break above that area could trigger further short term upside pressure testing (1.3263). On the downside, the important price level at (1.3111) may be tested or broken in the coming sessions, which may pull the pair towards (1.2985 – 1.2934).We should wait for a clearer outlook on EURUSD. Continue reading EURUSD Analysis 2012.05.03
[Forex | Euro vs US Dollar] EURUSD general trend is to the upside. Break below (1.3147) may trigger further fall of the EURUSD. Going above nearest support level at (1.3320), however, would confirm continuation of the bullish trend, towards next objective upwards (1.3439).Look for long positions for current trading session. Continue reading EURUSD Analysis 2012.05.02
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