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FXWES
Aug 05 2015 at 06:06
675 príspevkov
The euro recorded a sharp decline against the dollar on Tuesday. The negative trend of the previous session was extended and as a result, the pair broke the support at 1.0891, finishing below these levels. So the euro gave indications for the continuation of the bearish trend until the second key level at 1.0807. Tuesday session started at a price of 1.0949 and the finished at 1.0880. Bottom of the day was hit just two pips below.

sherifFares
Aug 05 2015 at 11:00
454 príspevkov
EUR/USD fell below Fibo level 38.2% .the next support level is 1.0815. other option a rebound above 1.0880 will lead to a further incline to the next resistance level 1.0980. for now it is too risky for a position as the price is near the turn around point 1.0888.

DRFXTRADING (DRFXTRADING)
Aug 05 2015 at 11:50
169 príspevkov
Hey guys,


Based on my analysis, this pair could head higher by a few hundred Pips if we get a break above the Downtrend Line on the Daily Chart. This would mean the formation of the Pennant Consolidation Setup.












This Rally could come either with an ABC or 123 Setup or a pair of Double Bottoms. If neither scenario plays out, then we could simply see the pair break lower to continue the overall breakout from the Large Consolidation in favour of the USD.







Duane

DRFXTRADING








Prílohy


Trade Less, Earn More
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miomax
Aug 05 2015 at 16:06
87 príspevkov
1,0850 is strong level. I think it will be tested again and position will be consolidated there.

Abdul2012
Aug 05 2015 at 19:49
413 príspevkov
The EUR/USD price rose from the 1.0850 resistance level today. and i think it is risky to open a position case the bearish is not clear yet.

victoriajensen
Aug 05 2015 at 19:52
1117 príspevkov
EUR/USD formed a doji candlestick right under the resistance at 1.1000 visible on the weekly filter chart and moved to the downside again. The pair will likely test the support at 1.0790 again soon.

csc2009
Aug 05 2015 at 21:13
834 príspevkov
Eur/Usd is back testing 1.0900 level, downside support level can be found around 1.0850 level, and on the upside I'm waiting for breakout of 1.0990 level.

FXWES
Aug 06 2015 at 06:04
675 príspevkov
The euro recorded a minor increase against the dollar on Wednesday. The session was dynamic as the single currency failed to offset losses from the previous two days. If bullish sentiment strengthen its influence it is very likely soon to be made a test of resistance at 1.1004. Trading on Wednesday was open at a price of 1.0880 as early trend was negative. Around noon direction changed and currencies peaked for the day at 1.0923. The day ended with 18 pips below.

AliKhan1 (AliKhan1)
Aug 06 2015 at 06:40
124 príspevkov
Is this the right time to buy? @ 1.09250

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AliKhan1 (AliKhan1)
Aug 06 2015 at 06:40
124 príspevkov
Abdul2012 posted:
The EUR/USD price rose from the 1.0850 resistance level today. and i think it is risky to open a position case the bearish is not clear yet.


I think below 1.08900 this will fall hard...

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