Technical Outlook For Eur-Usd 3-8-2015

Technical Outlook For Eur-Usd 3-8-2015

Eur/Usd pair moved last Friday in the average price movement of 193 Pips, it recorded the highest level at 1.1113 and the lowest at 1.0920 and closed at 1.0981 to Gain 50 Pips during Friday’s trading after we saw the consumer prices held steady.

The pair opened today at 1.0969 oscillatory between the 1.0965 and the 1.0988 levels during the Asian session in a trading average of 23 pips for the limitation of the market liquidity, and in the European session the pair went up to 1.0995

The pair is moving in a series of down corrective waves after breaking the parallel price channel.

It is expected that the pair Eur-usd will reach the targeted level at 1.1070 in the next few hours.

The Relative Strength Indicator "RSI" reveals the distribution operations at the market and until

Now we are seeing the control of Bears on the market.

Medium term trend: Down

Support levels: 1.0896 and 1.0811 and 1.0703

Resistance levels: 1.1089 and 1.1197 and 1.1282

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Technical Outlook for EUR-USD 28-7-2015

Technical Outlook for EUR-USD 28-7-2015

Eur/Usd pair moved yesterday in the average price movement of 160 Pips, it recorded the highest level at 1.1128 and the lowest at 1.0968 and closed at 1.1086 to Gain 105 Pips during Yesterday’s trading according to economic data.

The pair opened today at 1.1086 oscillatory between the 1.1070 and the 1.1098 levels during the Asian session in a trading average of 28 pips for the limitation of the market liquidity.

The pair is moving in a series of up impulse waves above the ascending trend line and above 50% fibo.

We saw the pair achieved our target at 1.1100

It is expected that the pair Eur-Usd will reach the targeted level at 1.1140 in the next few hours.

The Relative Strength Indicator "RSI" reveals the accumulation operations at the market and until

Now we are seeing the control of Bulls on the market.

Medium term trend: Down

Support levels: 1.0993 and 1.0900 and 1.0833

Resistance levels: 1.1153 and 1.1220 and 1.1313

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Technical Outlook For Eur-Usd 7-7-2015

Technical Outlook For Eur-Usd 7-7-2015

Eur/Usd pair moved yesterday in the average price movement of 116 PIPs, it recorded the highest level at 1.1097 and the lowest at 1.0981 and closed at 1.1054 to Gain 71 PIPs according to yesterday’s economic data to close the gap over.

The pair opened today at 1.1054 oscillatory between the 1.1024 and the 1.1055 levels during the Asian session in a trading average of 30 pips for the limitation of the market liquidity.

The pair is moving in a series of down corrective waves after breaking the price channel, and yesterday the pair retested the broken limit but Without result, so it is expected to fall down to new lows.

The pair achieved our target yesterday at 1.1010

It is expected that the pair eur /usd will reach the targeted level at 1.0930 in the next few hours.

Today at 12:30 we are looking for Trade Balance from USA

The Relative Strength Indicator "RSI" reveals the distribution operations at the market and till now we are seeing the control of Bears on the market.

Medium term trend: Down

Support levels: 1.0991 and 1.0928 and 1.0875

Resistance levels: 1.1107 and 1.1160 and 1.1223

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