eur/usd

It looks like this pair has had its time and it will start going down again. If you look at charts only, ignoring the indicators, you will see the signs. Good luck.

I've been shorting already based on indicators...

everyman and his dog is short

Today's expected trading range is between 1.3065 and 1.2870. Break under 1.2870 may lead to further decreasing scenario with test of 1.2750. The CCI indicator is about to cross up the 100 line on the 4 hour chart, suggesting potential increasing pressure.
Technical resistance levels: 1.3065 1.3180 1.3300
Technical support levels: 1.2870 1.2750 1.2635

Trading range: 1.2965 - 1.2900
Trend: Downward
Sell at 1.2952 SL 1.2982 TP 1.2912

Genics said:

everyman and his dog is short

Click to expand...

didnt know dogs are into trading as well these day..

EUR/USD regains from 1.2884, It will be better that a cycle must be made on daily chart. Further upward trend is expected to test 1.3392 key resistance next week. A break above this level will confirm the cycle bottom and indicate that the fall from 1.3738 has completed, and then the following uptrend will take price to 1.4100-1.4200 area.

The Euro (EUR/USD) moved minor tonight for the first time in the past five days of trading. The Euro lost 70 pips in the Sunday session, dragging the major currencies lower against the greenback. This week, the Euro-area has numerous reports planned on daily, but none of them are likely to move the currency market.