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Eurusdbreakout

100 - 200 Pip Opportunity - EUR/USD Long - 05/02/2016100 - 200 Pip Opportunity - EUR/USD Long - 05/02/2016 The primary trend of EUR/USD is bullish on charts and price is trading above the trend line in its daily chart. In 4 hourly chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 1.12750 and support at the level of 1.12232. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair. EUR/USD RECOMMENDATION BUY TARGET 1.12750 The Major trend of Euro it is showing strength for buying If it crosses the resistance level then one can initiate buying position in the pair . If it crosses the level of 1.12689 then it can test level for the target of 1.13000 with second target at 1.1430 with the stop loss 1.1175. CHART FORMATION:- Euro is trading in a range and trading near the trend line. Breaking the support line will lead to upside movement. Eur is trading above the 50 DMA with a negative bias. INDICATORS:- RSI is trading near to 65 levels with a positive bias, in upcoming session upside movement is expected. MACD and Signal line is sustained above the zero level line. www.tradingsignalreviews.com
Long
by piponomics
13
Analysis and forecasts for EUR / USD 02/03/16The outlook for EUR / USD: The currency pair is currently in a rather interesting place, just below the upper limit of consolidation (1.0945 level). Demand side stands a fair chance of fracture resistance and lead to increases in the vicinity of 1,0970-90. Further towards 1,1025-50. However, if there is no attempt to break away from the trend and demand side can not beat the 1.0945 level, the supply side should take the initiative (to break the 1.09 level) and push the exchange rate, even in the vicinity of 1,08-1,0810 level. That's all I can currently write about the main currency pair.
by RobertPapon
1
Analysis and forecasts for EUR / USD 01/28/16The outlook for EUR / USD: On Wednesday, there was an attempt to breach the resistance at 1.09 but without success. At the moment there has been a breaking of the downward channel, but it could be another false breakout. Therefore, we should consider the analysis of two ways. If you believe that the breakout is actually in the coming hours, the course should turn around in the vicinity of the upper limit of the channel (1.0845) and the demand side will head back toward the 1.09 level and 1.0945. (There is a possibility that further increases will occur from the current price level, towards the level of 1.0945). Please note that we are still in sideways and just beat the 1.0945 level, will indicate the direction in the medium term. Alternative Version assumes that Wednesday's killing was a trap, and once again the supply side will lead to a return to the interior of the channel. In this case, the aim seems to be a level of 1.08 in case of his defeat support at 1.0778.
by RobertPapon
Analysis and forecasts for EUR / USD 01/27/16Before us the most important figure of this week due to a Fed meeting. Along with the writings of the meeting, the Federal Reserve will release its decision on interest rates. Members of the Fed will leave interest rates unchanged and certainly will refer to external factors that may affect the pace of raising interest rates in the future. Whereas falling oil prices and the situation in China, it seems probable that the Fed members will reject the fast pace of interest rate increases. After the recent market turmoil, analysts assume the next hike until June. The outlook for EUR / USD: The technical situation on the main currency pair remained virtually unchanged. Eurodollar has long been moving sideways, waiting for a signal for further direction. According to me the signal to stronger traffic can be records of the meeting of the Fed. If there is a break through 1.0945 level demand will have an open path to higher price levels. In this case are possible increases in the vicinity 1,0980-90 or even 1,1025-50. In the second case, if the supply will lead to break support at 1.08 and 1.0778 supply should head for the support 1,0680-1,0715. At this level, it will be possible rebound declines. In my opinion, the downward variant is more likely.
by RobertPapon
6E (eurusd) - JANUARY INTRADAY FORECAST!Hello! Happy New Year! We would like to present, intraday forecast - 6E (eurusd) on january 2016y. Methods of price analysis: EWA/EWP, Market Profile, Delta&Cluster, Volume, Fibonacci. Suppose that this week (close to wednesday), the price gradually decreases to strong support 1.07580, next we will see the creation process of cumulative delta and then expected bulish impulse! All the important prices you can see on a chart. (please pay your attention to the three variations of EWA/EWP) We wish you all the best in New Year! Sincerely your's Powerful Traders!
Long
by POWERFUL_TRADERS
EURUSD : Wait for Box Breakout !!!Eur/usd Pair in H1 timeframe create a nice Box. If box breakout in upward we are going to take long position and if its break downword we are going to short position. That's mean If price break 1.13580 point we are going to open buy trade and if price break 1.12694 point we are going to open sell trade. I think, price may break downward mode because 50 ema, 100 ema and 200 ema is above the price level and that's why eur/usd faced strong resistance in above. If you find somthing interesting in this analysis don't forget to click like button. Hope for the best and enjoy your trading.
by fxmentorbd