We prefer to go short in EUR/USD Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Nov 26, 2014 9:27 AM

Short term trend: Bearish
Ichimoku analysis (Daily chart):
Tenkan-Sen level: 1.2479
Kijun-Sen level: 1.2563
Ichimoku cloud top: 1.2743
Ichimoku cloud bottom: 1.2957

EUR/USD has slightly recovered till 1.2480 after making a low of 1.2358. Overall trend is weak as long as 1.2563(Kijun-Sen) holds.
The pair’s minor resistance is around 1.2530 and any indicative break above will target 1.2570/1.2630. The major support is around 1.2350 and any break below will target 1.2200/1.2087 (161.8% projection of 1.29941 to 1.2500 from 1.28859)

Recommendation: Sell EUR/USD around 1.2470, SL 1.2570, Target 1.21

Comments

CommoditiesTrader

⋅ Nov 26, 2014 3:29 PM

tradingview.com/v/PAdMMj1I/

TheBull2

⋅ Nov 26, 2014 9:29 AM

Is it possible to see this information? That Morgan Stanley entered short.

FxWirePro

⋅ Nov 26, 2014 10:42 AM

The position was reported on their trade matching platform, one should have access to that to view that information.

TheBull2

⋅ Nov 26, 2014 11:05 AM

Okey thanks! Is is possible to have access to that trade matching platform?

FxWirePro

⋅ Nov 26, 2014 11:15 AM

no not possible.

TheBull2

⋅ Nov 26, 2014 11:16 AM

everything is possible, but i guess you have it?

FxWirePro

⋅ Nov 26, 2014 11:22 AM

We have subscribed for that so only we are able to have access for the trade matching platform

TheBull2

⋅ Nov 26, 2014 11:27 AM

Okey, and where can one subscribe for that?

thegreatway

⋅ Nov 26, 2014 11:29 AM

get lost, lol

TheBull2

⋅ Nov 26, 2014 11:31 AM

@thegreatway..Wow, thats a very constructive comment. Im interested in this and of course one have to ask. Is that so wrong?