EURUSD Analysis 2012.05.21

[Forex | Euro vs US Dollar] We believe that possible bearishness could be seen during this trading session. Immediate resistance is at (1.2795). Close above that area could lead us to neutral zone as direction would become unclear, but as long as price moves below that level the major scenario remains bearish.We will be looking to sell EURUSD upon any price retracement. › Continue reading

Monday, May 21st, 2012 Uncategorized No Comments

EURUSD Analysis 2012.05.18

[Forex | Euro vs US Dollar] We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (1.2879) zones. A proper confirmation would occur if the EURUSD will manage to fall beyond the (1.2620) support level.Shorting EURUSD is advisable for today. › Continue reading

Friday, May 18th, 2012 Uncategorized No Comments

EURUSD Analysis 2012.05.17

[Forex | Euro vs US Dollar] We see better value in short positions. If the price will go below the first support at (1.2681), this would confirm continuation of the bearish trend, towards next objective downwards (1.2604) then (1.2564) and (1.2524) will follow.You may try to sell from (1.2799), (1.2869), and (1.2911) with a stop loss above (1.2879). › Continue reading

Thursday, May 17th, 2012 Uncategorized No Comments

EURUSD Analysis 2012.05.16

[Forex | Euro vs US Dollar] We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (1.2879) zones. A proper confirmation would occur if the EURUSD will manage to fall beyond the (1.2680) support level.We will be looking to sell EURUSD upon any price retracement. › Continue reading

Wednesday, May 16th, 2012 Uncategorized No Comments

EURUSD Analysis 2012.05.15

[Forex | Euro vs US Dollar] We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (1.2914) zones. A proper confirmation would occur if the EURUSD will manage to fall beyond the (1.2760) support level.We will be looking to sell EURUSD upon any price retracement. › Continue reading

Tuesday, May 15th, 2012 Uncategorized No Comments

EURUSD Analysis 2012.05.14

[Forex | Euro vs US Dollar] EURUSD maintains a bid tone for now. Break above (1.2966) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.2853), however, would confirm continuation of the bearish trend, towards next objective downwards (1.2733).Short positions are favored for today. › Continue reading

Monday, May 14th, 2012 Uncategorized No Comments

EURUSD Analysis 2012.05.11

[Forex | Euro vs US Dollar] We see better value in short positions. If the price will go below the first support at (1.2891), this would confirm continuation of the bearish trend, towards next objective downwards (1.2836) then (1.2796) and (1.2756) will follow.We will be looking to sell EURUSD upon any price retracement. › Continue reading

Friday, May 11th, 2012 Uncategorized No Comments

EURUSD Analysis 2012.05.10

[Forex | Euro vs US Dollar] We see high chances of the pair move down gradually towards (1.2804 – 1.2764). A proper confirmation would occur if the EURUSD will manage to close below the (1.2897) support over today`s trading session.You may try to sell from (1.2990), (1.3043), and (1.3095) with a stop loss above (1.3008). › Continue reading

Thursday, May 10th, 2012 Uncategorized No Comments

EURUSD Analysis 2012.05.09

[Forex | Euro vs US Dollar] EURUSD maintains a bid tone for now. Break above (1.3075) may trigger further recovery of the EURUSD. Going bellow latest swing low at (1.2933), however, would confirm continuation of the bearish trend, towards next objective downwards (1.2803).Short positions are favored for today. › Continue reading

Wednesday, May 9th, 2012 Uncategorized No Comments

EURUSD Analysis 2012.05.08

[Forex | Euro vs US Dollar] We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (1.3190) zones. A proper confirmation would occur if the EURUSD will manage to fall beyond the (1.2990) support level.You may try to sell from (1.3121), (1.3167), and (1.3236) with a stop loss above (1.3190). › Continue reading

Tuesday, May 8th, 2012 Uncategorized No Comments

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