Simpleisbeautiful.

EURUSD UP? or DOWN? 1.4000 Critical

FX:EURUSD   Euro Fx/U.S. Dollar
503 9 7
Euro             breathed a little last week but NFP smashed EUR back downtown...

Oil             Gold             Jpy all over USD

Greece is really hurting EU


1.4000 is critical above 1.4000 we stay bullish

1 Month Chart a triangle formation

All the way below Conservative Entry Bears dominate

Support 1.1041
Resistance 1.1348 1.1407 1.1452 1.1523 1.1664

There may be a demand zone before 1.000 Level Don't have data for now update later

If you like "LIKE"

Use Good Money Management



Please change from 1.4 to 1.14
Reply
No way published charts are locked :) There is a strong supply zone @ 1.1348-1.407 if that breaks Next Supply zone will be 1.1760-1.1860
On Monday we may see a retracement up depending on GERMAN data back to the aggressive zone
Reply
Simpleisbeautiful. Simpleisbeautiful.
More than Expected GE data pushed EU beyond Supply zone
Reply
We saw lot of demand for EUR yesterday but Eur buyers looks like exiting and NFP suppliers still holding
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http://www.investing.com/analysis/should-you-buy-dollars-254508

If RBNZ rate cut is expected
If upcoming US data good
Keep an eye on oil prices too

More investors will buy USD!!
Reply
Simpleisbeautiful. Simpleisbeautiful.
Kathy Lien she believes 1.1300 is a good time for a EU for a sell (if expected news comes good for US.)
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French Industrial produn actual -0.9 Forecast 0.4 Huge drop!!! More demand for USD (sell EU for a while)
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Simpleisbeautiful. Simpleisbeautiful.
Reaction from London open
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Though US data came positive looks like there is a strong bull action occurring.. Meaning more ppl wanting to buy EUR for now
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