ahmed sebak
08-08-2014, 00:55
EUR/USD Technical Strategy: Short at 1.3644
Support: 1.3365, 1.3316, 1.3277
Resistance:1.3419, 1.3472, 1.3516
The Euro fell as expected against the US Dollar after prices put in a bearish Evening Star candlestick pattern. A Hammer candle above the 23.6% Fibonacci expansionat 1.3365 hints a corrective bounce may be ahead. Closing above the 23.6% Fib retracement at 1.3419 on a daily basis exposes 1.3472, the intersection of the 38.2% level and a falling channel top set from May. A drop through support targets the 38.2% expansion at 1.3316.
We sold EURUSD at 1.3644 in line with our long-term fundamental outlook and have since booked profit on half of the position. The stop-loss on our remaining exposure has been moved to the breakeven level.
يواصل اليورو انخفاضة امام الدولار
حيث يتوقع ان يستمر اليورو فى الانخفاض الى مستوى 1.3316 وهى نقطة المقاومة التالية او فى اسوا الاحوال ان يرتد اليوم الى نقطة ارتكاز اليزم السابق 1.3366
Support: 1.3365, 1.3316, 1.3277
Resistance:1.3419, 1.3472, 1.3516
The Euro fell as expected against the US Dollar after prices put in a bearish Evening Star candlestick pattern. A Hammer candle above the 23.6% Fibonacci expansionat 1.3365 hints a corrective bounce may be ahead. Closing above the 23.6% Fib retracement at 1.3419 on a daily basis exposes 1.3472, the intersection of the 38.2% level and a falling channel top set from May. A drop through support targets the 38.2% expansion at 1.3316.
We sold EURUSD at 1.3644 in line with our long-term fundamental outlook and have since booked profit on half of the position. The stop-loss on our remaining exposure has been moved to the breakeven level.
يواصل اليورو انخفاضة امام الدولار
حيث يتوقع ان يستمر اليورو فى الانخفاض الى مستوى 1.3316 وهى نقطة المقاومة التالية او فى اسوا الاحوال ان يرتد اليوم الى نقطة ارتكاز اليزم السابق 1.3366