Euro/Usd--Today's prediction

ejaz111 · #1 (**permalink**) 06-01-2009, 02:26 AM

If you see the hourly chart the pair has made the double even tripple top at 1.41640, but on other hand the pair is also face a strong support at 1.40926 after crossing 20 days SMA. If the pair able to break the support at 1.40926 then

Sell the pair at 1.40911 stop loss 1.41733 and profit limit 1.40239 subject to if above conditions going to be fullfiled

alantan · #2 (**permalink**) 06-10-2009, 04:25 PM

Good call, the pair has bottomed at 1.3914.
It's on its way back. While still under pressure, there is chance the pair will go higher, maybe back to your entry point.

Another selling opputunity in one day.

prabhatkr · #3 (**permalink**) 06-14-2009, 10:01 AM

good one for a trade

dtseng123 · #4 (**permalink**) 07-02-2009, 05:18 PM

The 4hr, 1hr,30M, 5M, and 1m are all signaling down. There definitely is a significant support at 1.3988 & 1.3982. The predictive algorithms are all pointing a bounce (red lines). OSMA divergence signals a reversal and the pair is oversold according to adaptive RSI. MACD histogram is bearish. I'm buying now and setting a stop at 1.3971 and take profit at 1.4091. If it breaks the stop, I'm looking to short.

CMDT has shown a previous short, and is in neutral territory right now, but if a trend starts again it will probably do so it 2 more successive waves downward if EUR/USD doesn't bounce and breaks the support instead.

ronharmon2k · #5 (**permalink**) 07-23-2009, 02:57 PM

Yep;

Looks like we broke it this time.

taylor1976 · #6 (**permalink**) 08-04-2009, 03:43 PM

H4 is very overbought and it hasnt retrace much today..perhaps tml will be a range bound or more downward movement before it continues the uptrend as per monthly chart

sviswa · #7 (**permalink**) 08-14-2009, 07:57 AM

i have taken a short @ 1.4286. haven kept any sl..can ya lemme knw the target plz..

AnaJu · #8 (**permalink**) 08-23-2009, 05:53 AM

yeah very good thanks for these strategie

jphpll · #9 (**permalink**) 08-27-2009, 05:42 PM

Their is plenty of supply above current price. The probabilities is that the Euro will trade lower. The supply is tremendous above current price. I elect only short trades unless all the supply gets filled which I doubt. Todays spike up was a good oppurtunity to take short trades at the supply zone.
I believe these, if you can call them patterns are the best because it tells you where the massive orders are. Retail traders are buying into this rally. Giving all that money to the institutions.

Archer_*X* · #10 (**permalink**) 08-28-2009, 09:30 AM

My strategy that EUR should test 1.44 level and than free fall to test 1.42 and 1.40

ForexSuper · #11 (**permalink**) 08-31-2009, 04:24 PM

how accurate are these

Rrossi333 · #12 (**permalink**) 09-07-2009, 11:54 AM

Informative post

Rrossi333 · #13 (**permalink**) 09-07-2009, 11:56 AM

Where do you see the EUR/USD heading this week after the holiday? Will it rally as the US market rallies or are we do for a correction?

dsteve26 · #14 (**permalink**) 09-07-2009, 12:12 PM

Possible triangle consolidation on EurUsd...

JHayzament · #15 (**permalink**) 09-16-2009, 02:26 AM

Very Nice trade, definitely could have made some pips here