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Abdul2012
Aug 11 2014 at 16:45
413 posts
Hi, I agree with you because this is the strongest scenario as I think.

bewayopa
Aug 11 2014 at 22:03
372 posts
EURUSD is in a strong downtrend.
This has been for the better part of three months.
But some say that the bearish evidence is mounting.
The bullish momentum divergence on 4h and daily charts, oversold price action, and the most consolidation we’ve seen since June all increase the likelihood if a short-term bullish correction.
If the August lows are hit below 1.3330, then we sure came shift back to the primary bearish trend.

peeterwoolf
Aug 11 2014 at 22:12
230 posts
bewayopa posted:
EURUSD is in a strong downtrend.
This has been for the better part of three months.
But some say that the bearish evidence is mounting.
The bullish momentum divergence on 4h and daily charts, oversold price action, and the most consolidation we’ve seen since June all increase the likelihood if a short-term bullish correction.
If the August lows are hit below 1.3330, then we sure came shift back to the primary bearish trend.


Good analysis, we shall see how this pair play out this week.

Abdul2012
Aug 12 2014 at 11:24
413 posts
Yes , it was excellent analysis . Cheers.😁

bewayopa
Aug 12 2014 at 14:16
372 posts
The dollar traded unchanged or higher than most G10 counterparts during this European morning.
Appreciated against the SEK, CHF and EUR in this order, while weakened against the NOK.
The dollar was also unchanged from the CAD, AUD, GBP, JPY and NZD.

Whis (Wivilson)
Aug 12 2014 at 19:07
49 posts
Hello everyone, the truth is that the EurUsd has a downtrend since some time ago as already indicated: bewayopa. This time I made my analysis and based on this pair from 1.3330 to 1.3629 anger minimum; I work with logical patterns and pattern that this is now almost 100% sure that is met and achieved the goal I mentioned already. Based on the pattern having the pair have taken the point is this that the market is static in this month so it will be slower path unless a story to help us. 😎😎😎

sherifFares
Aug 12 2014 at 19:08
454 posts
the data are all negative from the euro zone today the only one think standing between the price and 1.3300 is the strong support at 1.3355

peeterwoolf
Aug 12 2014 at 19:29
230 posts
We might see more falling of this pair if the US data come out as better than expectation.

Arup Nag (takechance)
Aug 12 2014 at 21:21
271 posts
Going long with a small lot from this point 1.3365 with a target of 1.3412. Lets see. :)

alexforex007
Aug 13 2014 at 02:23
774 posts
It all depends on the upcoming fundamentals as always. But most likely they will keep hurting the Euro.

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