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EUR/USD
Miembro desde Apr 14, 2014
posts 230
Miembro desde Nov 28, 2014
posts 1
Miembro desde Jun 08, 2014
posts 454
Miembro desde Apr 14, 2014
posts 230
Miembro desde Apr 08, 2014
posts 1141
Dec 01, 2014 at 09:43
Miembro desde Apr 08, 2014
posts 1141
EURUSD tried to rally during the session on Friday, but found resistance at the 1.25 handle, and then pullback to form a doji pattern. The pair is in sideways action waiting for a big move one way or another. A close today above the 10 day moving average could push the pair to the 50 day moving average at 1.2571 on the other hand a close below the 10 day moving average can throw the pair to Year low at 1.2357.
"I trade to make money not to be right."
Dec 01, 2014 at 11:50
Miembro desde Jun 07, 2011
posts 372
EUR / USD gave signs of consolidation on Friday.
From the daily chart, we see that the general trend for the EUR / USD remains downward, but given the positive divergence between daily oscillators and price action are some uncertainties surrounding short-term movements.
R3 - 1.25461
R2 - 1.25179
R1 - 1.24821
Daily Std. Pivot - 1.24539
S1 - 1.24181
S2 - 1.23899
S3 - 1.23541
From the daily chart, we see that the general trend for the EUR / USD remains downward, but given the positive divergence between daily oscillators and price action are some uncertainties surrounding short-term movements.
R3 - 1.25461
R2 - 1.25179
R1 - 1.24821
Daily Std. Pivot - 1.24539
S1 - 1.24181
S2 - 1.23899
S3 - 1.23541
Miembro desde Jul 10, 2014
posts 1117
Dec 01, 2014 at 16:35
Miembro desde Jul 10, 2014
posts 1117
It's a slow Monday for EUR/USD. The consolidation continues and it looks like it's headed for target 1.2560, but nothing is certain at the moment.
Miembro desde Jun 08, 2014
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Miembro desde Apr 14, 2014
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Miembro desde Oct 11, 2013
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Miembro desde Apr 08, 2014
posts 1141
Dec 02, 2014 at 09:44
Miembro desde Apr 08, 2014
posts 1141
Sideways action in EURUSD during yesterday session, essentially testing the 1.25 handle. The pair continues in a bearish phase, however, we stuck in the middle of the range between 1.24 and 1.25. So the wise thing to do is stay on the sidelines and simply counting down the days to non-farm payroll, which is this Friday.
"I trade to make money not to be right."
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