Razvan
Long

EURUSD - Still waiting for an Up Break

FX:EURUSD   Euro Fx/U.S. Dollar
I am still waiting for an up break, at least before the ECB monetary policy meeting from Thursday. Even though the Euro             got pretty strong for the European economy to be handling, nobody seems to be interested in the US dollar             . On a short time frame, I would see a break above 1.3890, followed by a 50 to 60 pips rally.
Breakout done, the Spanish data helped the bulls, but let us see if it will be sustained all the way to 1.3940. Italian services data is next.
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Razvan Razvan
Italian in line but helped the euro still 15 more pips to go for this target, but I got out at 3930.
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Thenks Razvan, well done ! I'd like to ask you, What kind of indicators do you use?
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Razvan xnedja
Hey xnedja, usually none, but sometimes I use some EMAs and the RSI.
+1 Reply
xnedja Razvan
How long have you been at this ?
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Razvan xnedja
I am sorry, I don't think I got your question right :), for how long have been doing what?
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xnedja Razvan
Sorry Ravzan ! My English is bad .. I know! How long have you been in this business? Thanks .... :-)
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Razvan xnedja
No problem, 5 to 6 years now, but only for the past 3 years i've been doing it full time.
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xnedja Razvan
I, as a beginner I follow your analysis that are very good. Thanks in advance and thanks for your understanding. :-)
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Razvan xnedja
I am glad you like them, and find them useful in your trading and learning process, best!
+1 Reply
Thenks, Thenks Razvan !!
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Razvan pgtomaras
:)
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full target was hit after all!
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Well done ....
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good job! Spanish Unemployment Change very good.
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