EUR / USD update (daily)

FX:EURUSD   Euro / U.S. Dollar
3042 10 11
This was a picture perfect CLONE HIT.The reason why cloning works is that more often than not price movements tend to move with equal up and down swings. They also plot support and resistance levels, but the best thing is that CLONES give you price projections.Like any other technical tool, it is best used with other indicators for further confirmation.One that works well with CLONING is the Fibonacci levels. The EURO             has broken the up channel with a big red candle. The two near term downside targets are 1.3170 and if that doesn't hold then the next target is 1.3000. As I always say in most of my commentaries , MIND the DIVERGENCES.
....EURO is having difficulties rising above reference channel, we had a MACD negative divergence at reference channel top, could see Euro fall back to red line support near term
....could not break reference channel...now holding at red line support
hit and run?
....after a fake out at trend line support the Euro is continuing it's down trend, next support is at around 1.2800
very nice ..... you are the best of the best ...
...the EURO has bounced off a resistance line, next near term target is the top of reference channel
>>>ALERT>>> clone BREAK....
what i do. EURUSD Buy or Sell ? today
nmike velu1986
for short term day trading it's hard to say, daily swing is now short
Need to include descending channel clone.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out