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EUR/USD Technical/fundamental !

hunlion Publicado 5 Jun en #Trader's blog #Fundamental #Technical #EUR/USD

Hello Guys ,
Today at 15:00 GMT The Institute of Supply Management (ISM) Non-Manufacturing Purchasing Managers' Index (PMI) (also known as the ISM Services PMI) report on Business , which is a very important index will release.
The orevious reading of the index was 58.8 while the forcast pointed to 58.1.but the statistic shows that it could be more than the expert predict which means a postive news on the USD .
Technicaly EUR/USD trade inside a small box between 1.1720 and 1.1620 , and beside th…

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EUR/USD a confusing situation !

hunlion Publicado 31 May como análisis en EUR/USD, Objetivo: 1.19500, Fecha: 2 de Julio, 12:00 GMT en #Technical analysis #EUR/USD

Hello guys !
After a long run down for more than seven weeks the EUR/USD pair reach a strong support level at 1.15000, and even that the pair is in a downward trend i think it will take rest and go back to test the last broken support at 1.2000.
I build this vesion after the bulish engulfing candlestick on the daily chart and what it seems that is a kangoroo tails candlestick on the weekly chart ( the candle doesn't close yet ) .

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The EUR/USD A bulish Month !

hunlion Publicado 28 Abr como análisis en EUR/USD, Objetivo: 1.2380, Fecha: 1 de Junio, 12:00 GMT en #Technical analysis #EUR/USD #Bulish Candelstick

Hello Guys ,
After thirteen month of going up I think the EUR/USD pair will continue its movement upward after a little rest between the levels 1.2580 and 1.2050 .
The pair failed to penetrate the support level 1.2050 even with the strainght showen by USD for the last weeks and close with strong bulish candlestick on the daily chart.
The pair is forming a consolidation box which means that the price will rise to touch upper line at 1.2580 .

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hunlion's Blog

EUR/USD Technical/fundamental !

EUR/USD a confusing situation !

The EUR/USD A bulish Month !