EUR/USD Trend For Today: FOREX Signals

fxcapitalvia

Trader
Jan 13, 2014
15
0
12
EUR/USD remains in a narrow range below the 78.6% retracement of the March to April decline near 1.3900
Our near-term trend bias higher in the Euro while over 1.3730
A push through 1.3900 is needed to trigger a new leg higher, but traction over 1.3970 is really required to confirm any sort of meaningful strength
A cycle turn window of some importance is seen next week
A move under the 2nd square root relationship of the year’s high at 1.3730 will turn us negative on the Euro

EUR/USD Strategy: Like the long side while 1.3730 holds.

Trading Levels:
Support: 1.3830- 1.3730
Resistance: 1.3900- 1.3970
 

Rambo35

Confirmed PaxForex Representative
Apr 22, 2013
909
22
32
Canada
I'm shorting EURUSD at 1.3870, and planing to add positions if it continue with the rally.
 

fxapex

Active Trader
Jun 7, 2013
258
12
29
the pair has been very volatile and is difficult to trade, although their is a strong support at this level but its still difficult to trade.
 

Mohammadilyas

Trader
May 8, 2014
2
0
12
EUR/USD carries on being within a slender assortment beneath the 78.six% retracement Along with the March to April drop close to one particular.3900
Our all over-phrase enhancement bias superior throughout the Euro while previously mentioned one.3730
A force on account of 1.3900 is necessary to end in a clean leg larger, but traction around one.3970 is completely necessary to validate virtually any meaningful toughness