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German Unemployment Change rises to 13 K , EURUSD is set to fall !

German Unemployment Change measures the change in the number of unemployed people during the previous month.Usual Effect: A high reading or a better than expected number is seen as negative for the EUR, while a low reading is positive.Frequency: Released monthly, about 30 days after the month endsLast Read :3 KExpectations :-2 KActual : 13 KVolatility : High VolatilityMarket Impact :The pair is under pressure and and further downside  is likely the upcoming hours , support comes at the 1.2660…See More
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Haitham653's 2 blog posts were featured
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Leo Fx commented on Haitham653's blog post EURUSD Intraday Forecast Sept 26 2014
"Thank you sir..."
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Haitham653 commented on Haitham653's blog post EURUSD Daily Forecast Sept 25 2014
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Daologic commented on Haitham653's blog post EURUSD Daily Forecast Sept 25 2014
"Haitham, I see you have turned to fundamentals. Nice and expected move! All the best!"
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About Myself
Full time trader , Private Trader !
I run this website:
http://www.askhaitham653.com/
Trading style
All " Upon Market Moves "

Make successful trade decisions, with my daily forecasts !

Disclaimer

1-Investments in financial products such as-trading foreign exchange -FOREX- on margin carries a high level of risk, and may not be suitable for all investors, the high degree of leverage can work against you as well as for you, before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite,any investment should only be done with risk capital.

2-Prices rise and fall and my past performance is no assurance of future performance.

3-I have no warranties or guarantees for my recommendations ,so I'm not responsible for any losses caused by them, you are free to follow them or not but I recommend to use my analysis as an additional tool to your trading style for more confirmations...

Haitham653's Blog

German Unemployment Change rises to 13 K , EURUSD is set to fall !

Posted on September 30, 2014 at 8:29am 0 Comments

German Unemployment Change measures the change in the number of unemployed people during the previous month.

Usual Effect: A high reading or a better than expected number is seen as negative for the EUR, while a low reading is positive.

Frequency: Released monthly, about 30 days after the month ends

Last Read :3 K

Expectations :-2 K

Actual : 13…

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EURUSD Weekly Forecast Sept 29 2014

Posted on September 29, 2014 at 7:08am 0 Comments

The EURUSD declined as expected last week , topped at the 1.2900 levels , bottomed and closed around 1.2680 levels , with no sign of recovery , further downside is likely this week , instant support comes at the 1.2660 levels , we might see hesitation before the next leg down , however ; a clear break below this level will continue falling towards the the psycho levels 1.2500 , a halt is likely , but , sustained trading below this level will open 1.2389 next , further downside will pave the…

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EURUSD sees 1.2389-1.2040 , Resistance 1.2815 !

Posted on September 29, 2014 at 7:00am 0 Comments

With breaking below the 1.2815 levels last week , further downside  is likely and couldn’t be ruled out , next support comes at the psycho level  1.2500, a halts is likely , but losing this level on a weekly closing basis will bring a lower leg below the 1.2000 levels ..

On the upside , minor support comes at the 1.2500 levels , a rejection from the 1.2500 levels followed by a clear break above the 1.2815 levels on a weekly closing basis , will suggest false bearish breakout below the…

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EURUSD Intraday Forecast Sept 26 2014

Posted on September 26, 2014 at 5:01am 1 Comment

Intraday outlook in EURUSD remains on the downside as long as resistance 1.2765 holds on a 4 hour closing basis , a failure to hold above the 1.2765 levels on a 4 hour closing basis could mean return to the 1.2696 levels where a cut will open the 1.2660 levels , more losses will aim the 1.2600 levels,  ahead of the 1.2550/1.2500 levels..

On the upside , sustained trading above the 1.2765 levels will bring small recovery , but any recovery should be limited by the 1.2850/1.2900 levels…

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Comment Wall (118 comments)

At 3:35pm on December 22, 2010, FXWizard said…

Glad to have you here again! :)

 

Regards,

FXWizard

 

At 5:05pm on June 26, 2011, ADEEB SARTAWI said…

Thanks for your valuable analyses akhi Haitham.

I am looking forward to read more for you.

Best regards and salaam 

At 8:29am on June 27, 2011, protrade said…
Mr.Haitham can I get your analys report for GBP daily. Thanks
At 6:27am on June 30, 2011, nader said…
Good morning Haitham (ملك الفوركس) waiting your blog today
At 9:59am on July 15, 2011, SAAJITH GANGA said…

Dear Haitham,

    As said eur/usd brken already 1.4110 level and tested alreay 1.4090.Now do you you suggest any buy/sell in EUR.Expecting your valubale update soon.

 

At 8:32am on July 20, 2011, Joy said…
Sir we are reading your blogs daily but not recieved since yesterday are you busy? please reply sir
At 3:02pm on November 9, 2011, protrade said…

We miss you until you're back

At 5:47pm on February 2, 2012, sowMa said…

Hello Mr Haitham plsz tell me where to enter my order in EUR/USD.

At 7:16pm on February 7, 2012, msrich6335 said…

Thanks Mr. Haitham for you EUR/USD outlook. I enjoy your analysis.

At 11:13am on February 8, 2012, msrich6335 said…

 

thanks Mr Haitham.

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