Eurusd forum

A clear cross is occurs on the momentum indicator on the EURUSD chart as the blue line goes below the red one to perform a good selling signals for the current time By the way the yellow color is shown on the Oracle Strength indicator and then it can be considered as a upward direction signal for the EURUSD To add strength to the direction the Oracle direction indicator should be useful and by a quick look you can see the red color on the arrows to perform a downward signal on the short term Now according to these data I think a downward trend should be in action as long as the momentum sell cross still on the chart and a sell trades can be taken as long as the ATR indicator keep showing a selling signals.
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A strong bearish trend take a place on the hourly chart of the EURUSD as the Blade oscillator is now at 0.002 area below the level of balance and at the same time the indicator is red colored which is a strong indication of bearish direction on the short term. On the chart itself you can see the moving average 5 sloping down and then you can consider the last top drawn by it at 1.2653 as a good stop loss if you need it in case of sell orders which is very advised according to the indicators signals.

october 15 2014:
EUR/USD: This currency trading instrument is now in an equilibrium phase: a condition in which neither the bull nor the bear gains upper hands. However, a movement below the support line at 1.2600 could result in a renewed Bearish Confirmation Pattern.

As you can see on the EURUSD chart the price is moving at a bullish channel. Now the price hits the top edge of donchain channel and I can say that a sell trades can be open by now targeting the low edge Stostatic by the way have a buy signal by having a bullish intersection near the 80 th level Finally a buy signal is shown on the awesome oscillator as you can see by having the bars above the 0 level and also the last bar is colored by green To make a clear decision from the previous givens the price have a higher chance to head down till the lower level of donchain channel but if you face the down edge of manually drawn channel then you have to close any sell trades and for more strength for your trades waiting for a sell signals drom awesome oscillator and stostatic is prefered

the Euro is just trying to creep its way back in the direction of 1.35 after having starteOver the last couple of weeks the Euro has swapped inside a slender variety between 1.3450 and 1.3550 as the last mentioned grade has established itself as one of implication supplying reasonable resistance. For some time now, the 1.34 grade had been initating the Euro headaches however a twosome of weeks before it rushed higher and moved through there to its largest grade since February just shy of 1.3570. It completed that week somewhat smaller just below 1.3530

16/10/2014
According to the previous events, the price of the EUR/USD pair has still been moving between the levels of 1.2750 and 1.2647. The level of 1.2805 is representing the double top, and the weekly support 1 is set at 1.2750. Therefore, sell below the price of 1.2750 or 1.2805 in the long term with the first target at 1.2680. Moreover, if the trend is able to break the first target at 1.2680; then the trend will call for a bearish market and continue towards the next objectives at 1.2647 and 1.2613. Notes: The double top will set at the level of 1.2805. The major support is going to set at 1.2588. The resistances will be placed at 1.2775 and 1.2805. The level of 1.2728 will confirm the bullish market. The price had hit the weekly pivot point and the resistance 1 this week. We expect a range of 75 pips today and around 310 pips this week. Volatility on October 16, 2014 is 214.61. As a rule, the market is highly volatile if the last day had a huge volatility.

A clear cross is occurs on the momentum indicator on the EURUSD chart as the blue line goes below the red one to perform a good selling signals for the current time By the way the yellow color is shown on the Oracle Strength indicator and then it can be considered as a upward direction signal for the EURUSD To add strength to the direction the Oracle direction indicator should be useful and by a quick look you can see the red color on the arrows to perform a downward signal on the short term Now according to these data I think a downward trend should be in action as long as the momentum sell cross still on the chart and a sell trades can be taken as long as the ATR indicator keep showing a selling signals.
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A week bearish trend take a place on the hourly chart of the EURUSD as the Blade oscillator is now at 0.0005 area below the level of balance and at the same time the indicator is blue colored which is a week indication of bearish direction on the short term. On the chart itself you can see the moving average 5 sloping down and then you can consider the last top drawn by it at 1.2804 as a good stop loss if you need it in case of sell orders which is very advised according to the indicators signals.

October 17, 2014
EUR/USD: It seems that the EUR/USD has started the long-awaited bullish journey, made possible by the sudden weakness in the Greenback. This is now a bull market. With the price going above the support line at 1.2750, and it may easily test the resistance line at 1.2900./

As you can see on the EURUSD chart the price is moving at a bearish channel. Now the price hits the low edge of donchain channel and I can say that a buy trades can be open by now targeting the high edge Stostatic by the way have a sell signal by having a bearish intersection near the 20 th level Finally a sell signal is shown on the awesome oscillator as you can see by having the bars below the 0 level and also the last bar is colored by red To make a clear decision from the previous givens the price have a higher chance to head up till the higher level of donchain channel but if you face the up edge of manually drawn channel then you have to close any buy trades and for more strength for your trades waiting for a buy signals drom awesome oscillator and stostatic is prefered