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EUR/USD
Membre depuis Jun 08, 2014
posts 454
forex_trader_29148
Membre depuis Feb 11, 2011
posts 1916
Membre depuis Jul 10, 2014
posts 1117
Dec 22, 2014 at 17:20
Membre depuis Jul 10, 2014
posts 1117
People must have started celebrating the winter holidays already because the market is asleep.
Membre depuis Jun 08, 2014
posts 454
Membre depuis Oct 11, 2013
posts 775
Dec 22, 2014 at 19:54
Membre depuis Jun 07, 2011
posts 372
EUR/USD fell on Friday below the support line turned resistance of 1.2250.
The RSI met with resistance at its 30 line, while the MACD, already below its signal line moved into negative territory.
The momentum signals open the way for more decreases in the medium term, reinforced by the observation of lower maximum and lower minimum, below the moving averages 50 and 200 days.
R3 - 1.23603
R2 - 1.23310
R1 - 1.22784
Daily Std. Pivot - 1.22491
S1 - 1.21965
S2 - 1.21672
S3 - 1.21146
https://bewayopa.wordpress.com/
The RSI met with resistance at its 30 line, while the MACD, already below its signal line moved into negative territory.
The momentum signals open the way for more decreases in the medium term, reinforced by the observation of lower maximum and lower minimum, below the moving averages 50 and 200 days.
R3 - 1.23603
R2 - 1.23310
R1 - 1.22784
Daily Std. Pivot - 1.22491
S1 - 1.21965
S2 - 1.21672
S3 - 1.21146
https://bewayopa.wordpress.com/
Membre depuis Nov 12, 2010
posts 174
Membre depuis Apr 14, 2014
posts 230
Membre depuis Nov 12, 2010
posts 174
Membre depuis Jul 10, 2014
posts 1117
Dec 23, 2014 at 15:31
Membre depuis Jul 10, 2014
posts 1117
Even though the winter holidays are almost here the EUR/USD pair continues its descent. The pair broke below 1.2200 and is headed for target 1.2100, probably even 1.2000 after that.
forex_trader_29148
Membre depuis Feb 11, 2011
posts 1916
Dec 23, 2014 at 15:54
Membre depuis Feb 11, 2011
posts 1916
they tend to act as free fall at this time of the year noting to stop it
Membre depuis Jun 08, 2014
posts 454
Dec 23, 2014 at 21:50
Membre depuis Jun 07, 2011
posts 372
EUR / USD has moved slightly upwards on Monday, but found resistance near the area of 1.2250 / 60 (R1) and fell again.
As for short-term momentum, the RSI found support in line 30 and moved track that, the MACD although in negative territory, crossed above the signal line and has moved slightly upwards.
This suggests that we may be facing a small bullish correction before continuing the downward path.
R3 - 1.23042
R2 - 1.22748
R1 - 1.22231
Daily Std. Pivot - 1.21937
S1 - 1.21420
S2 - 1.21126
S3 - 1.20609
https://bewayopa.wordpress.com/
As for short-term momentum, the RSI found support in line 30 and moved track that, the MACD although in negative territory, crossed above the signal line and has moved slightly upwards.
This suggests that we may be facing a small bullish correction before continuing the downward path.
R3 - 1.23042
R2 - 1.22748
R1 - 1.22231
Daily Std. Pivot - 1.21937
S1 - 1.21420
S2 - 1.21126
S3 - 1.20609
https://bewayopa.wordpress.com/
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