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EURUSD is slightly bullish and trading in a Range

EURUSD is expected to be slightly bullish considering most of the economical risks around EURO has lessen. Please find the chart analysis,

Weekly chart:

- This pair is setting up nice range since the Greek problem and expected to go slightly bullish like the chart suggested
- As the chart shows that downward pressure is low, this pair is expected to be above the half range in the pattern
- The next possible upward movement would be to touch the previous Upward Doji, but it will take some time
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ijayakumar avatar
ijayakumar 11 Paź

So you are expecting this pair to go more bullish by November right... I also expect it to go more bullish fundamentally because FED dovish stand... But technically I am expecting it to finish in 1.14 - 1.15 range... Let's see!

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ijayakumar 23 Paź

As I expected, there is a bottom hit this week... Hope this pair recovers as expected!

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Because of continuous dovishness from Euro and US dollar strength, this pair is widening from expectation by large number. Lets wait and see!

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moryak 14 Lis

Неделю 16 - 20 ноября 2015 года  закончит на 1,0950 и далее вниз.. Месяц ноябрь закончит в районе 1,02

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To reach 1.02 level is highly unlikely... Euro is not that weak!

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EURUSD moving nice and slow positively

Please find the analysis from 4 hr chart.
- Nicely setting up a pattern move after the recovery from FED price moves.
- Price action shows good bullish encounter to overcome the red candles
- Strong Price action near 50 SMA yet the currency looks positive to go further before this week.
Please find the analysis from 1 hr chart,
- Green circle shows the clear bullish price action which would push the price further high
- Nicely setting up for a Fibonacci retracement and it is expected to go acc…
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ijayakumar 21 Paź

This is still likely to happen!

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