Wait and see ! Preference for Long position on EUR/USD. Pivot point @1.2995
Upper than 1.2755, continuation to be long on EURUSD. Under it, it's a possible return more down. But news today seem to be good for USD and not for EUR... Wait and see !
MACD will across soon O line and go up, candlestick breaked up the last fibonacci line. Maybe goods news for CHF can counter this, just maybe .... Preference for Long position on USDCHF.
By looking at the graph we can see a bearish tendency take shape at the horizon. The RSI in fall and the MACD crossing the 0 soon, confirm with the candlesticks installed under MA and MAE a desire of the Euro to leave in fall.
To the sight of the expected news this day for the US Euro and Dollar, the fundamental analysis brings us has to think that the Euro will go down again during the day. From a graphic point of view, the MACD is always in agreement for the moment with the continuation bull, but the momentum seems to weaken. Perhaps it would be interesting to position on sale once...
Wait and see what happen. EURUSD Locks between 2 pivot point. Under 1.2535, maybe put a Sell position ?
Today there is no good news for the Euro. All at least if the declared figures lower than are expected. Possible position sale once the passage of the point pivot @1.2365, if not, maintenance of the position purchaser of last week.
Good news for USD not sufficient to stop the rise of the Euro today, but perhaps ? In the event of maintenance with the top of the point pivot @1.2485, the rise is reasonably possible. In the event of break on the other hand, a return to the fall will be much more logical.
In reason of the news expected today for USD, the feeling is to place in position SHORT on pair EUR/USD. That is in correction of the rise, or simply the good news for USD.
Today no news of great importance to be announced. Does that promise it, a calm beginning of the week? While waiting for 2 possibilities of trading are offered to us. A light preference for a position SHORT today. Very a good start of week with everyone!
2 possibilities of actions still this morning. In waiting of the first news which will be displayed. Small preference all the same for a continuation of the rise. Good day with everyone!
Today the news for the Euro and Dollar US should push the European currency upwards. Observation of the 2 trend lines in triangle this morning. Let us remain vigilant even if the deceleration of the fall of the Euro yesterday at summer slowed down by the bad news of USD. Preference for the position LONG, but with a good MM and ready to change strategy with the...
Today some news for USD. 2 trends lines obliques. 2 possibilities. Be carefull with breakout and breakdown. My preference for this day a short position below 1.2330. Not to forget the money management especially! Have a nice Day !
Preference for position short with the lower part of the 1.2315. Observation of the bar obliques in the event of breakdown, Short on EURUSD with objective @1.2215. Have a good day of trading !