Investor.Unity
Short

EURUSD Analysis 20/11/14

FX:EURUSD   Euro / U.S. Dollar
284 2 2
Long term trend: Down
Medium term trend: Down
Significant levels: 1.3000 (Significant Round Number), 1.2840 (Horizontal Resistance), 1.2500 (Horizontal Support)

We are still bearish with this pair, but, there is no sign of bearishness recently. You can see in the chart that the recent candlesticks are slowly going up and the price is now above the 1.2500 level which is the previous resistance and now the support. We cannot trade this right now. It would be good if the price goes up. That would mean that we could place a sell trade at a higher price.

Trade well.
Awesome !
Reply
Thanks.
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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