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Aug 13 2015 at 16:44
1117 Posts
sherifFares posted:
FXWES posted:
The single currency continued to add value against the dollar for the fifth consecutive day on Tuesdayby which was trading at two-week high at the end of the session. The euro rose by nearly 20 pips to a closing price of 1.1040. The final values were recorded respectively at 1.1086 and 1.0960. Currently prevailing attitudes are positive, but for continuing growth is necessary to overcome the resistance at 1.1130.

it looks like the EUR/USD is heading for fibo 23.6% at price 1.1290.

First it has to break above the resistance coinciding with the previous high at 1.1215. That said, I think it's very possible it will be able to do that.

Aug 13 2015 at 17:02
454 Posts
EUR/USD possible rebound from 1.12000 I think for now let's see the rebound will continue till 1.0950 a possible short opportunity can be made.

Aug 13 2015 at 19:37
413 Posts
I see that there is still chance for he EUR/USD to continue the bullish trend as the pair kept over the support level at the 1.1098.

Aug 13 2015 at 20:08
1916 Posts
next stop 1.1215 followed by a reverasal

Aug 13 2015 at 23:07
834 Posts
The pair enter to a correction movement stage after hit a high of 1.1213 yesterday. Prices are virtually no change today.

Aug 14 2015 at 10:50
675 Posts
After the strong performance on Wednesday, yesterday the pair remained with no significant changes. The euro was trading at a price of 1.1148 at the end of the session with drop of 8 points. However, the day proposed a certain volatility and extreme values were reached at 1.1187 and 1.1081. The chart continues to develop over the moving average, the index of relativity remains in positive territory, supporting the bulls in the short term.

Aug 14 2015 at 13:59
224 Posts
Everything is possible now. I do not believe we are in trending mode now.

Aug 14 2015 at 14:19
1916 Posts
if it beaks the 1.1213 it will maybe be in trending mode but i doubt it

Aug 14 2015 at 20:11
1117 Posts
EUR/USD formed a doji candlestick on the daily filter chart, moved to the downside again and is currently testing the support at 1.1106 coinciding with the (89)MA on the same chart. I doubt it will be able to break below that level before the market closes today, so we'll probably have to wait at least until Monday.

Aug 14 2015 at 20:12
413 Posts
Low performance for the EUR/USD today and the pair still in the same range as yesterday, we will see what next week will bring to us.

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