EURUSD - Bearish at 1.1950 and 1.1970. Stop 1.2018

FX:EURUSD   Euro / U.S. Dollar
Despite Tuesday’s close below the key 13 day mvg             avg             , yesterday's negative call did not prove correct. Instead the bulk of the day was dominated by a profit taking reaction to 3 consecutive down days. However, net movement was minimal after the upside was reversed into the close after Monday’s Marabuzo line attracted sellers and EURUSD             close around the 13 day line. This upside failure renews the negative bias and so, with some caution, this morning’s call is a Sell but leaving room to Sell any Rally to 1.1970, Asian high. The risk is yesterday's 1.2018 top with an immediate target of 1.1923, yesterday's low. A move through that point then exposes sentiment to 1.1889, Dec 28th low, or even 1.1859, the open from 2 weeks ago.
Trade closed: stop reached: This one did not work out as expected due to ECB. Tough trading conditions to begin 2018 tfs
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out