EUR/USD Latest Update

[alessio09]

The pre-planned break-out variant for short positions has been implemented with overlap of minimal anticipated target. Test of lower channel line brought break and further rate fall to 1,4025 level. OsMA trend indicator, having marked priority of bullish activity, suggests further rate rise and test of lower channel line test. The targets for buying positions will be 1,4140/60 and (or) further break-out variant with the targets of 1,4230/60, 1,4350. The alternative for sales will be below 1,3990 with the targets of 1,3910/30 and further 1,3850/70.

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[FEUA]

New important data!

There are some changes in the situation on currency market! We are glad to represent you our new analysis.
The estimated alternative targets for short positions were implemented with overlap of maximum targets. After buying activity fall, there was sharp buying activity rise and in the result of it the chart broke resistance turned into support. OsMA trend indicator, having marked bearish activity rise suggests further test of supports border where it is recommended to evaluate the development of the activity of both parties in accordance with the charts of shorter time interval. The variants for sales will be below 1,4200 with short-term targets of 1,4160/80 and (or) further variant up to 1,4080/1,4100, 1,4030/50. The targets for buys will be 1,4270/90 and (or) up to 1,4330/50, 1,4380/1,4400.

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[FEUA]

EUR/USD. Don't miss any changes.

Hallo!
Technical analysis for today!
The break-out variant for sales has not been implemented. OsMA trend indicator marked divergence with the chart. On the assumption of it, as well as of bullish activity fall and the position of Ichimoku cloud we can suppose further rise of indicator chart to close channel border. As for buying positions the targets will be 1,4420/40 and (or) further break-out variant up to 1,4560/80, 1,4680/1,4700. The alternative variant for sales on condition of the formation of topping signals will be below 1,4280 with the targets of 1,4210/30 and (or) further variant up to 1,4170/90, 1,4050/70.

If you would like to subscribe for all the other free outlooks as well as paid outlooks concerning other financial tools, you could do it at our site http://forexltd.co.uk/.

 

[Pinalli]

The EUR/USD remains teetering on the brink of the 55-day moving average. Will a break be a catalyst for sharper downside action in days to come, or will the bears be frustrated once again.

In 2008, the EUR/USD spent almost five months in the 1.53-1.60 range before breaking lower in August.

This year, we've seen the 1.3750-1.4450 range for three months and counting. Let's hope for the sake of keeping our interest in the proceedings, that something gives soon either way.

 

[ExtremeTrader]

Noticed you are using the Ichimoku on your charts. How are you interpreting it?

 

[Pinalli]

Noticed you are using the Ichimoku on your charts. How are you interpreting it?

Its easy, as candlesticks.

 

[alessio09]

Positive Economic Data Failed to Spur EUR

Euro`s bearish trend is still in favor, after the data showing Europe's manufactury continued to decline in August awakened investor concern that the global recession is not conpletely over. The EUR fell against the USD, pushing the EUR/USD currency pair to 1.4220 level. Despite positive data on Tuesday that showed Euro-Zone PMI rise and German unemployment fell in August, the EUR, however, failed to make headway on the data as falls in equities weighed.
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