EURUSD

I'm trading the bounce. You guys bullish or bearish?Why?

Good morning !


Technical Analysis Daily: EUR/USD

EUR/USD 1.2835

EUR/USD Open 1.2812 High 1.2865 Low 1.2735 Close 1.2825

On Monday the Euro/Dollar started to rise. The European currency appreciated from 1.2735 to 1.2865 yesterday, matching the positive Interbank sentiment projection, at nearly +2%, closing the day at 1.2825. This morning the bulls are trying to push further up. On the 1 hour chart new downward channel was broken upwards, while on the 3 hour chart the downward channel is on hold. Break above the nearest resistance and yesterday's top at 1.2865 may trigger further recovery of the Euro. Going bellow yesterday's bottom and first support at 1.2735, however, would confirm continuation of the bearish trend, towards next objective downwards 1.2640. Today's focus is on EU 16 Current account and Germany ZEW economic expectations index at 8 and 9 GMT respectively. Quotes are moving just above the 20 and 50 EMA on the 1 hour chart, indicating slim bullish pressure. The value of the RSI indicator is positive and consolidating, MACD is neutral and quiet, while CCI has crossed up the 100 line on the 1 hour chart, giving overall light long signals.

Technical resistance levels: 1.2865 1.2979 1.3100
Technical support levels: 1.2735 1.2640 1.2512

Trading range: 1.2825 - 1.2885

Trend: Upward

Buy at 1.2835 SL 1.2805 TP 1.2875

from http://www.actionforex.com/analysis/...0100817120205/

good trades for all

We are almost on the yesterday's high...gotta take care here.
AUDUSD is few pips away from his last swing high...a break of it and we'll go 120 pips more...otherwise it's going on it's low

Same thing for EURUSD...break it or sink
Anyway as long as london is not open it's worthless taking a position here

I don't see any sign for bear back.
EURUSD under bull control right now

Yeah I'm really liking my long I got down lower as long as we stay above 1.2830ish

Maybe have to look at a possible short if we do break back down below there and stay

I love this reversal...now will London follows it or will it reversal Franckurt.
They will show us the right path...hopefully
A bounce off in the 1,2810-30 zone would be ideal for long...for a 1,2905 tp and above

Otherwise, bears are waiting 1,2700

I hear of large stops at 1.2875/80, guess at some point we will blow them out - only ZEW data in the way.

There is some strength in the 2835 region but a target of 2800 looks reachable and quite attractive. Ultimately, if it gets past there then 28750 looks like the next stop.

I've always wondered, how do you all "hear" big stops. Is your broker telling you this because you are a special customer or is it because he is bullshitting everyone ?

I talk to most London banks and they tell me their orderbooks.

hope so

Do You??

london banks talks with you....and u are here on pubic forum? u shud be in some cruise on far away island and enjoying life long holidays.

I talk to my charts they tell me as well.....

Currently bear too weak.
Cannot understand why bear want to create resistance before support. Just break support then create resistance

Shit bro, you don't even need charts then......

2860 some resistance hope we get trough it

me to I long at 837.00

I prop trade for a hedgefund and trade with the London banks and enjoy this forum....nothing more fancy than that.