Bullandbearishm
Long

EURUSD Trading Week

FX:EURUSD   Euro / U.S. Dollar
53 0 0
Market open EURUSD             - currently on daily support - long positions until 1.07161 (previous support now resistance). The overall trend is still bearish for the EUR. Resistance provides opportunity for short positions (+ 300 pips) - sell and hold opportunity until 1.04150 A break through this support level could provide an additional >100 pip short trade until support of 1.03196

The bullish momentum could be further fueled by a short term depreciation in the dollar prior to Janet Yellen's testifying. Ultimately, Draghi and the ECB speech will be the catalyst in downside to monthly support levels mentioned above (1.04150 and 1.03196) , quantitative easing being bearish for the euro             in the form of lower interest rates.
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