FX:EURUSD   Euro / U.S. Dollar
1139 3 4
Seems like the long term downtrend is still dominating the market
last week the price fall again and stay away from the weekly fib. key resistance level
a clear break of the daily uptrend line can may bring this pair down to 1.27.

Seems like we have a hammer candlestick pattern that may be a signal of a reversal from bearish market to bullish market. This kind of reversal is expected to happen near support but it seems like this one appeared below resistance that means we have a clear break on the short term support..
If this pattern can reverse the market then in the medium term this pair may still have the chance to test the weekly downtrend line with 1.308 (cross between weekly downtrend line and daily uptrend line) as test resistance.

Experts and banks Short-term euro             estimates still look constructive.

The most important events next week are:

1. US Nonfarm Payrolls and October employment report in US (Nov 02)
2. PMIs in China, Eurozone, UK and US.
3. October US ISM Manufacturing PMI (Nov 01)
4. US ADP Employment October Change (Oct 31)
5. Preliminary Consumer Price Index in Germany (Oct 29)
nicely done
great summary of both scenarios
great summary..
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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