BUY FXO Forum Shares
1316
Shares in the BANK:
We BuyWe Sell
$1.9162$1.9755
Results 1 to 5 of 5

Thread: Eur/usd -forecast

  1. #1
    In Profit
    Join Date
    Aug 2007
    Posts
    111
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default Eur/usd -forecast

    Resistance levels: 1.3530/1.3600/1.3670
    Support levels: 1.3450/1.3360/1.3330
    EUR/USD has found base at 1.3363 and recovred strongly above 1.3450 previous crucial Resistance over the last trading sessions No important fundamental news today No change in our view. The bias remains bearish for test towards 1.3325 in mid and even 1.3260 in longer term. First strong Support comes around 1.3450 previous Resistance. On the upside. the break above 1.3450 first Resistance causes pullback up towards 1.3530 as it was suggested and further towards 1.3600-20 key Resistance area over the next trading sessions.. A break above 1.3625 again is needed for reversal in the long term bias for retest of 1.3820 and 1.3854.
    Strategy-neutral.

  2. #2
    In Profit
    Join Date
    Aug 2007
    Posts
    106
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Movement active in the days ahead confined between 1.3392 - 1.3647 .... Any entry sell the stay higher than 1.3670 Any entry buy a minimum stay of 1.3350
    (Elliott wave targeting 1.3575)

  3. #3
    In Profit
    Join Date
    Aug 2007
    Posts
    104
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Quote Originally Posted by MRSaad View Post
    Movement active in the days ahead confined between 1.3392 - 1.3647 .... Any entry sell the stay higher than 1.3670 Any entry buy a minimum stay of 1.3350
    (Elliott wave targeting 1.3575)
    i dont belive Elliott wave at all
    for one chart and one period 10 traders have 11 analysis for Elliott wave
    however my methods is a kind of Elliott waves but better and easy

  4. #4
    In Profit
    Join Date
    Aug 2007
    Posts
    104
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    The European currency dropped massively last week; nevertheless signs of reversal were seen on Friday as the euro bounced back to 1.3550 levels. This week the euro expresses bullish momentum heading back to 1.3700s and then the 1.3800s levels. Therefore the expected move for the euro today is to the upside.
    The trading range for today might be between the key resistance level at 1.3550 and the key support level at 1.3360.
    The general trend is up as far as 1.3300 remains intact targets now at 1.3890 and 1.4000.

  5. #5
    In Profit
    Join Date
    Aug 2007
    Posts
    106
    FXO Shares
    0
    FXO Bonus
    0.000
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Quote Originally Posted by ALiR View Post
    i dont belive Elliott wave at all
    for one chart and one period 10 traders have 11 analysis for Elliott wave
    however my methods is a kind of Elliott waves but better and easy
    what do you use when you dont belive the Elliott wave

    what is better the the Elliott wave

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Disclaimer
2005-2017 © FXOpen All rights reserved. Various trademarks held by their respective owners.

Risk Warning:: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgment as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

FXOpen Markets Limited, a company duly registered in Nevis under the company No. C 42235. FXOpen is a member of The Financial Commission.

FXOpen AU Pty Ltd., a company authorised and regulated by the Australian Securities & Investments Commission (ASIC). AFSL 412871ABN 61 143 678 719.

FXOpen Ltd. a company registered in England and Wales under company number 07273392 and is authorised and regulated by the Financial Conduct Authority (previously, the Financial Services Authority) under FCA firm reference number 579202.

FXOpen does not provide services for United States residents.

Join us