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Elder Analyst
EUR/USD Discussion
Hello all
This thread to know different views about this pair
everyone is invited
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Elder Analyst
i think we all agree this pair is in downward (down trend)
but i think its time to make some correction before continue its down movement
lets take a look at 1H frame
this pair already broke the down trend line and already re-tested it
so i think its going to rise to this point on the chart (the red line )
as long as this pair above this trend correction will be continue
not - this pair is not for buy , but we need to choose good entry point to sell
good luck
Last edited by Morgan; 03-16-2012 at 08:43 AM.
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Elder Analyst
as i expected
the price reached the point on the chart
i still expect another rise as long as this pair above the trend line
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Market Maker
good analysis on one hour.....if it broke the resistance @1.3285 it could be good opportunity for long trade
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Elder Analyst
 Originally Posted by dr.stre55
good analysis on one hour.....if it broke the resistance @1.3285 it could be good opportunity for long trade
Thanks dr.
the price moved yesterday as i expected exactly
and i still think there will be another up movement
i'll put my analysis tomorrow
thanks again for sharing your view in here
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if the price do not pierce thru 1.3300 and closed above it, it is still consider down trend but just with price repair. The price will continue down until 1.3120 and start to retract it up, if the overall trend become long.
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Elder Analyst
 Originally Posted by dustlee
if the price do not pierce thru 1.3300 and closed above it, it is still consider down trend but just with price repair. The price will continue down until 1.3120 and start to retract it up, if the overall trend become long.
i agree with you man
as i said this pair is still in downward , and this up movement more likely correction
as we see , maybe it will rise to test this broken trend line , then start fall from there
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very good analysis from hear i started to understand how i can analyse period time
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EUR – USD
Current rise seems to be over near 1.3181 or 1.3225 for a retracement towards 1.3137 - 1.3112 area
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Elder Analyst
 Originally Posted by mohandahmd
very good analysis from hear i started to understand how i can analyse period time
Thanks mate
 Originally Posted by goodshowt
EUR – USD
Current rise seems to be over near 1.3181 or 1.3225 for a retracement towards 1.3137 - 1.3112 area
good view , i believe we're gonna see another rise , but don't forget this pair is still in down ward
so it's better to be careful , and don't forget your stop loss
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thanks morgan we saw the other rise i hope that it go down because i opend sell order do you think that it will go down or will comlete its rise
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EUR – USD
Current rise should end around 1.3288. Objectives of this downmove are 1.3164 or 1.3091. A rise above 1.3338 is again bullish
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Elder Analyst
 Originally Posted by mohandahmd
thanks morgan we saw the other rise i hope that it go down because i opend sell order do you think that it will go down or will comlete its rise
you're welcome bro
i hope so
anyway its pulled back from strong area 1.3260
and i think it will rise more if this area got broken
 Originally Posted by goodshowt
EUR – USD
Current rise should end around 1.3288. Objectives of this downmove are 1.3164 or 1.3091. A rise above 1.3338 is again bullish
thanks for sharing your view
hope u will be active always in this thread
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Elder Analyst
update

till now the price is moving as expected in my analysis
now this pair is facing strong support , a clear break below this support could trigger another fall to this trend on the chart
good luck
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i expect the same so all my orders are sell i hope that it goes as our expection
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