EUR/USD Archive

  • Eur/Usd: Raise Above 1.2554

    Eur/Usd: Raise Above 1.2554

    We have mentioned a few times last week that our main target is 1,2762 just over 1,2456 .The movements are still on the same way.We are able to say that 1,2552 didn’t break yesterday and has gained strenght at that point in terms of bullish...

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  • Trade Idea Wrap-up: EUR/USD – Buy at 1.2500

    Trade Idea Wrap-up: EUR/USD – Buy at 1.2500

    Although euro has rebounded after finding support just above the Ichimoku cloud top, above resistance at 1.2663 is needed to signal upmove has resumed and extend gain to 1.2685-90 (approx. 50% projection of 1.2193 to 1.2613 measuring from 1.2479), however, loss of upward momentum should...

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  • Trade Idea Update: EUR/USD – Buy at 1.2480

    Trade Idea Update: EUR/USD – Buy at 1.2480

    Although euro has recovered after holding above the Ichimoku cloud top, as the retreat from yesterday’s high of 1.2663 suggests a minor top has been formed, near term downside risk remains for correction to 1.2500/10, however, near term oversold condition should limit downside and renewed...

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  • EUR/USD: Price Action Showing Bullish Bias

    EUR/USD: Price Action Showing Bullish Bias

    Following up with the last EUR/USD post, and video post. The EUR/USD looked to rally towards 1.2750 for an equality of the previous upswing. This projection would complete an AB=CD pattern and resistance is expected. We see in the 1H tie-frame a rally from the...

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  • Trade Idea Wrap-up: EUR/USD – Buy at 1.2550

    Trade Idea Wrap-up: EUR/USD – Buy at 1.2550

    As the single currency has risen again after brief pullback, suggesting recent upmove remains in progress and further gain to 1.2685-90 (approx. 50% projection of 1.2193 to 1.2613 measuring from 1.2479) would be seen, however, loss of near term upward momentum should prevent sharp move...

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  • EURUSD: Strengthing With Eyes On The 1.2671 Level

    EURUSD: Strengthing With Eyes On The 1.2671 Level

    With a firm hold above the 1.2466 level, its Jun 21′10 high, the stage is now set for a run at its major resistance residing at the 1.2671 level, its May 21′10 high. This is coming on the heels of its nearer term uptrend resumption....

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  • Eur/Usd: Euro Seems Strong

    Eur/Usd: Euro Seems Strong

    The parity made correction movements despite shallow market yesterday.Today increase potential may come back. Especially we are targeting 1,27 level on behalf of bullish market.To sum up as long as we stay above 1,2456 our first goal will be 1,2762. However if the market does...

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  • Trade Idea Wrap-up: EUR/USD – Buy at 1.2435

    Trade Idea Wrap-up: EUR/USD – Buy at 1.2435

    Although euro’s near term sideways trading below minor top at 1.2613 (last Friday’s high) should continue and retracement to 1.2483 (previous support) is likely, renewed buying interest shall emerge around 1.2435/40 (38.2% Fibonacci retracement of 1.2151 to 1.2613), bring another rise later. View full post on...

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  • Eur/Usd: The USA Is Off

    Eur/Usd: The USA Is Off

    Before anything else we can say that it is possible to obtain shallow movements in the market due to closed markets in the USA and being in the first day of this week. We could talk about upward acceleration if we can pass 1,2456 which...

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