Thread: Closed: Discuss EUR/USD News with a DailyFX Analyst

Today neural net outlook : after a confirmation in the Asian session, the trend is now here to stay for some days. There was a potential shift yesterday that was eventually catched by bulls. Support is also today's pivot at 1.428, wich could be tested before going up again to R1 1.437. But strong resistance there for the moment.

Originally Posted by Cosco

Today neural net outlook : after a confirmation in the Asian session, the trend is now here to stay for some days. There was a potential shift yesterday that was eventually catched by bulls. Support is also today's pivot at 1.428, wich could be tested before going up again to R1 1.437. But strong resistance there for the moment.

My outlook for today....
P.A has to close above this Upper T.L for the confirmation of Bull ride, n then we can assume the short term down trend has shifted to Up side,
but as long as price doesnt break this level im bearish,
this level is also the 13 days MA on DAILY chart,
For H1 price is above the 200MA, previous RESISTANCE is now SUPPORT,
Break above 5-13-11z top(1.433s) will open new doors for 1.4500

By the way the Inverse H n S pattern we were discussing yesterday is still valid, n
P.A is testing the Possible neckline for the Inverted H n S pattern
will post chart in a while...

Gud luck n
HAPPY TRADING......

EUR/USD May 20 - 2011

The Euro continues its rebound against the US Dollar and as long as price trades above 1.4275 which is today’s pivot point level we expect a move to 1.44 which is in heights of the highs from May 11 and today’s R2 pivot point level. From a risk and reward perspective going long the EUR/USD is favorable between 1.4275 and 1.4320 if having a profit target round 1.44.


EUR/USD 30 min chart




Regards
Alejandro Zambrano
Currency Strategist | DailyFX Forum (London)
azambrano@fxcm.com


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Originally Posted by AyoBro

Update.............

hey ayobro, what parameters do you use with the awesome oscillator? 5, 35?

[QUOTE=Ikee;811293]

Originally Posted by Alejandro Zambrano

EUR/USD May 19 - 2011

EUR/USD will most likely create its low of the day at around 1.4240 and we expect price to reach 1.4330. However we will remain bullish as long as price trade above 1.4200.


That was a good call yesterday. Keep up the good work. Thanks

Thank you Ikee I must say it was ruff day yesterday but the trade survived. Today I expect a move to 1,44 however as long as we trade below 1.45 I expect price too roll over and start to trade lower (probably is going to happen in mid next week).

Originally Posted by jogold18

hey ayobro, what parameters do you use with the awesome oscillator? 5, 35?

I honestly can't tell. The MT4(FXDD) platform doesn't show the parameters for AO, strange? I'm running an emulator on the Mac to load MT4, maybe I'm without all the bells and whistles? For test purposes most of the other oscillators provide parameter information before and after insertion but AO doesn't, hmmmmmm. Strange?

Is you double click on the AO and default settings will be show and maybe is there can be adjust if want ok

Originally Posted by Cosco

Today neural net outlook : after a confirmation in the Asian session, the trend is now here to stay for some days. There was a potential shift yesterday that was eventually catched by bulls. Support is also today's pivot at 1.428, wich could be tested before going up again to R1 1.437. But strong resistance there for the moment.

Got a pre-signal that we gonna break the support down.

Originally Posted by Eska

Is you double click on the AO and default settings will be show and maybe is there can be adjust if want ok

If this is no work then it is you will be have to do the follow.

All settings can be changed. To do so, one has to select the desired indicator in the "Indicators List" window and press the "Edit" button or execute the "Properties..." command of the indicator context menu. Indicator context menu can be called by clicking with the right mouse button on a line, sign, or diagram of the desired indicator. To remove an indicator, one has to execute the "Delete Indicator" indicator context menu command or the "Delete Indicator Window" command in the chart or indicator context menus. The "Delete Indicator Window" command closes the indicator window.

Originally Posted by Cosco

Got a pre-signal that we gonna break the support down.

Broken/Not broken ? be wise. Although I think we are turning bearish, I expect now a high bounce before falling.
Going long.

Originally Posted by Cosco

Broken/Not broken ? be wise. Although I think we are turning bearish, I expect now a high bounce before falling.
Going long.

price just testing 100Ma support on H1 , n also the lower T.L on my 4Hr Chart. it seems like it will bounce back up before a drop.....
If price doesnt break below 100 MA n lower T.L , this will be another Higher Low,

Happy trading....

SSI here is appear little bullish, maybe is picture below say go other way today hihihi

................



On the 4H the bounce came off 200emv and a BB bottom line that looked like it was opening up wide but not the upper 1

Originally Posted by chaudhry

price just testing 100Ma support on H1 , n also the lower T.L on my 4Hr Chart. it seems like it will bounce back up before a drop.....
If price doesnt break below 100 MA n lower T.L , this will be another Higher Low,

Happy trading....

Agree. Stopped at the 5 days dynamic pivot like yesterday and the day before which acts as a good support. Going long now. Maybe a strong H&S reversal.

Hi all,

Long time I was not here ....
As you can see our couple ..?
I currently short on 1.42309 ...


Regards,
andy1