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EUR/USD

The main trend is down according to the daily swing chart. However, the closing price reversal bottom and subsequent follow-through rally may be indicating that momentum is getting ready to shift to the upside. EUR/USD in a range the last four days is a pair of Fibonacci levels at 1.0670 and 1.0651, and a pair of 50% levels at 1.0700 and 1.0715. Trader reaction to 1.0715 and 1.0651 will determine the longer term direction of the Forex pair.The new short-term range is 1.0906 to 1.0635. If the rea…
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EUR/USD

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sibga 4 Ott

if we close below the 1.25 level, we feel that this market will then make its move down to the 1.20 handle over the next several weeks. i hope this pair will be touch 1.20 this week

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EUR/USD

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