Posts Tagged ‘resistance’:


EURUSD Analysis 2011.10.20

[Forex-1 | Euro vs US Dollar] Currently, further bullish actions could be seen on EURUSD. A break below (1.37150) could be a threat to the bullish scenario targeting (1.34954) even (1.34554). On upside. Immediate resistance is at (1.37996). A close above that area should keep the major bullish scenario intact testing (1.38940) area.Longing EURUSD is advisable for today. (more…)

EURUSD Analysis 2011.10.18

[Forex-1 | Euro vs US Dollar] We see better value in long positions. If the price will advance above the first resistance at (1.37922), this would confirm continuation of the bullish trend, towards next objective upwards (1.36179) then (1.35654) and (1.34142) will follow.Look for long positions for today`s trading session. (more…)

EURUSD Analysis 2011.10.17

[Forex-1 | Euro vs US Dollar] We see better value in long positions. If the price will advance above the first resistance at (1.39394), this would confirm continuation of the bullish trend, towards next objective upwards (1.37686) then (1.37232) and (1.36179) will follow.We will be looking to buy EURUSD upon any price retracement. (more…)

EURUSD Analysis 2011.10.13

[Forex-1 | Euro vs US Dollar] We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (1.35725) zones. A proper confirmation would occur if the EURUSD will manage to overcome the (1.38337) resistance.Buy on depth for today with a stop loss below (1.35725). (more…)

EURUSD Analysis 2011.09.19

[Forex-1 | Euro vs US Dollar] The outlook has grown increasingly bearish since EURUSD had remained below its latest swing high at (1.39466). If this resistance level is broken to the upside, the outlook will deteriorate.We will try to sell EURUSD from our mentioned resistance levels. (more…)

EURUSD Analysis 2011.09.08

[Forex | Euro vs US Dollar] We expect a bearish overall direction for today. as far as (1.4159) remains intact; targeting (1.4038) then (1.3972). A close above (1.4159) resistance area will extend gains to (1.4453).Try to sell on rallies with a stop loss above (1.4159). (more…)

EURUSD Analysis 2011.08.30

[Forex | Euro vs US Dollar] We see better value in long positions. If the price will advance above the first resistance at (1.4596), this would confirm continuation of the bullish trend, towards next objective upwards (1.4434) then (1.4393) and (1.4313) will follow.You may try to buy from (1.4481), (1.4434), and (1.4393) with a stop loss below (1.4480). (more…)

EURUSD Analysis 2011.08.29

[Forex | Euro vs US Dollar] We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (1.4318) zones. A proper confirmation would occur if the EURUSD will manage to overcome the (1.4545) resistance.Try to buy on depth with a stop loss below (1.4318). (more…)

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