EURUSD Daily Trading Tips

[ForexAnalyzer]

EURUSD Price seems to take U Turn after a long down fall..If you can see monthly candlestick chart..last month Red body candle formed with Higher wick and small lower wick..it means bears are strong..but at the same time if you see the monthly candle old major support are is also there at 1.23500 area..so the major support can form in this month..

Just we have to wait for confirmation of candle formation in this November 2014 month...if this month candle close above 1.26000 and then the price will rally up side..so more bullish opportunities will come in this currency pair

 

[Rambo35]

I have been bullish on the EURUSD for a few weeks now and went long below 1.2400.

 

[seekfxhelp]

Of some of the latest news that I found they concluded that the EUR / USD hit 1.2420 in late European morning trade, the session low and the pair subsequently consolidated at 1.2436, shedding 0.27%. The pair was likely to find support at 1.2357, the low 23 November and resistance at 1.2524, the high 27 November.

Technically maybe I would be more cautious after comparing with looking at the chart that there is (by chance I use mercerfx platform) because the euro was also lower against the pound.

Range Range: 1.2286 - 1.2420

BUY STOP @ 1.2400 - 1.2420 TP
SELL STOP @ 1.2306 - 1.2286 TP

Analysis EUR / USD is structured with a pattern on the timeframe range d1. Technical analysis to detect a range of range of movement of the currency pair. Consider a buy stop and sell stop with profit targets listed

 

[joescholz]

I opened a trade today on the EUR/USD currency pair going long at the prize of 1.2425 on Profiforex, still looking for the perfect exist point to leave the market with the few pips on profits before the end of the day since am a day trader.