EURUSD is heading upward as long as it remains above (1.2421) any four hours close above (1.2554) will open the way for the pair to test the next resistance level at (1.2599). Any four hours bare close below (1.2421) will change pair`s direction. Traders should consider buying every depth with a stop loss at (1.2421).
Although euro's recovery after resumption of the
fall fm last Thur's 7-week high at 1.2590 to 1.2466
suggests consolidation is in store, as long as 1.25
05 (Aust.) holds, marginal weakness is likely but
o/sold wud keep euro abv 1.2450/55 n bring rebound.
Sell on further bounce for 1.2465 or look to buy
on next fall for 1.2485. Abv 1.2505, low made.
EURUSD has formed a cycle top at 1.2589 on 4-hour chart. Deeper decline would likely be seen, and the target would be at the lower line of the price channel. As long as the the channel support holds, the fall from 1.2589 is treated as consolidation of the uptrend from 1.2241, and another rise towards 1.2800 is still possible. On the downside, a clear break below the trend line support will indicate that lengthier consolidation of the uptrend from 1.2042 is underway, then further fall to 1.2400 area to complete the consolidation could be seen.
Вчера основные валютные пары торговались в боковом диапазоне.
Сегодня день должен быть более активным: статистики больше (хотя и не самой важной) и продолжаются выступления политиков по поводу Испании, Греции и стимулирующих мер ФРС. Направление может меняться.
Комментарии (4)
INTRA-DAY EUR/USD OUTLOOK
Although euro's recovery after resumption of the
fall fm last Thur's 7-week high at 1.2590 to 1.2466
suggests consolidation is in store, as long as 1.25
05 (Aust.) holds, marginal weakness is likely but
o/sold wud keep euro abv 1.2450/55 n bring rebound.
Sell on further bounce for 1.2465 or look to buy
on next fall for 1.2485. Abv 1.2505, low made.
Range Forecast
1.2455 / 1.2485
Resistance/Support
R: 1.2505/1.2535/1.2562
S: 1.2466/1.2453/1.2431
Last Update At
28 Aug 2012 02:08 GMT
Rate
1.2474
Strategy/Entry Level
1. Sell at 1.2495
or
2. Buy at 1.2455
Objective
1) 1.2465 or 2) 1.2485
Stop-Loss
20 points
0 guest103 Автор Сообщений: 433
EURUSD has formed a cycle top at 1.2589 on 4-hour chart. Deeper decline would likely be seen, and the target would be at the lower line of the price channel. As long as the the channel support holds, the fall from 1.2589 is treated as consolidation of the uptrend from 1.2241, and another rise towards 1.2800 is still possible. On the downside, a clear break below the trend line support will indicate that lengthier consolidation of the uptrend from 1.2042 is underway, then further fall to 1.2400 area to complete the consolidation could be seen.
0 guest103 Автор Сообщений: 433
Вчера основные валютные пары торговались в боковом диапазоне.
Сегодня день должен быть более активным: статистики больше (хотя и не самой важной) и продолжаются выступления политиков по поводу Испании, Греции и стимулирующих мер ФРС. Направление может меняться.
0 guest103 Автор Сообщений: 433
0 guest103 Автор Сообщений: 433
Зарегистрируйтесь или авторизуйтесь, чтобы оставить комментарий