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victoriajensen
Jan 07 2015 at 14:39
1117 posts
The EUR/USD bearish trend is as strong as ever - the pair broke below 1.1850 and will soon reach 1.1800. The way things are going it might soon reach 1.1700.

sherifFares
Jan 07 2015 at 18:34
454 posts
yesterday hammer didn't form and the downtrend continue

rob559
Jan 07 2015 at 19:15
1916 posts
if it goes down any further than 1.1799 that will be the free fall

Abdul2012
Jan 07 2015 at 19:36
413 posts
It is seem that the downtrend will keep on, but for how far?

csc2009
Jan 07 2015 at 21:31
834 posts
Maybe NFP on Friday will be make some changes on the current unstoppable falling.

peeterwoolf
Jan 07 2015 at 22:28
230 posts
There are some predication of eur/usd maybe trade to parity before the end of 2015, not that far from now.

bewayopa
Jan 07 2015 at 22:35
372 posts
Short-term momentum studies support more falls.
The RSI fell and remained in the oversold territory, after 'hitting' on the 30 line resistance, while the MACD remains below the zero line and signal.
R3 - 1.19828
R2 - 1.19393
R1 - 1.18885
Daily Std. Pivot - 1.18450
S1 - 1.17942
S2 - 1.17507
S3 - 1.16999
https://bewayopa.wordpress.com/

honeill (honeill)
Jan 08 2015 at 07:57
1141 posts
EURUSD fell during yesterday session, testing the 1.18 level but technically, the pair remains very bearish but also much oversold, leaving us looking for a short-term bullish correction under 1.18, probably toward 1.20 where we once again expect to see sellers as long as the same fundamental environment remains unchanged.

"I trade to make money not to be right."
bewayopa
Jan 08 2015 at 11:18
372 posts
EUR / USD continued to fall after the known CPI data from the Euro zone.
Deflation began in December.
The positive difference between the price and the RSI discloses a descending deceleration time, and therefore would be prudent about a lowest possible recovery before the next descending phase.
Still short-term outlook remains negative even with the rate negotiating within a downlink channel.
R3 - 1.19828
R2 - 1.19393
R1 - 1.18450
Daily Std. Pivot - 1.18450
S1 - 1.17942
S2 - 1.17507
S3 - 1.16999
https://bewayopa.wordpress.com/

victoriajensen
Jan 08 2015 at 18:22
1117 posts
EUR/USD broke below 1.1800 and fell even lower, reaching 1.1750, but finally formed a hammer candlestick in the four hour filter chart. Considering how oversold the pair is that hammer is likely a signal for a consolidation. That said, I think the pair will eventually reach 1.1700 sooner or later.

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