Haitham653 posted a blog post
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Haitham653 posted a blog postDisclaimer
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...
Posted on May 23, 2013 at 11:40am 0 Comments 4 Likes
The EURUSD continued to maintain its bearish momentum yesterday after topping at 1.2998 levels, pressure now will be on the key support 1.2795, the EURUSD will have to hold below 1.2795 levels on a daily closing basis to push the market for further downside losses, If seen , it will target 1.2625 where a breach will turn focus on the 1.2500 ahead of 1.2400 levels.
Alternatively , a failure to hold below 1.2795 could mean a return to the 1.2998 levels,to completely eliminate the…
ContinuePosted on May 22, 2013 at 11:21am 5 Comments 6 Likes
The EURUSD halted its weakness at the key support 1.2795, with the break of the key resistance 1.2890, the pair is likely to consolidate with bullish bias, next resistance is at 1.3030 where strong cap is suggested , so If 1.3030 holds, there’s a risk to back towards 1.2795 levels, losing this level on a daily closing basis would open the way towards 1.2625 levels first ,ahead of 1.2500 levels.
On the upside , a daily close above 1.3030 is likely to weaken to current bearish run but,…
ContinuePosted on May 20, 2013 at 8:09pm 3 Comments 1 Like
Recommendations: SHORT positions below 1.2901 with 1.2795 & 1.2700 as next targets.
Alternative scenario:The upside breakout of 1.2901 will call for a rebound to 1.2945/1.3030.
Description: The pair's already found resistance at 1.2901 level, as long as this level holds, look for further losses towards 1.2795/1.2700 levels, an hourly close above 1.2901 will call for a…
Posted on May 19, 2013 at 10:32pm 3 Comments 4 Likes
Recommendations: SHORT positions below 1.2890 with 1.2745 & 1.2625 as next targets.
Alternative scenario:The upside breakout of 1.2890 will call for a rebound to 1.3030/195.
Description: The EURUSD continued to maintaine its bearish momentum last week, now pressure will be on the key support 1.2745, a break below that level will open the way towards 1.2625 levels.On the…
FXWizard said… Glad to have you here again! :)
Regards,
FXWizard
ADEEB SARTAWI said… Thanks for your valuable analyses akhi Haitham.
I am looking forward to read more for you.
Best regards and salaam
nader said…
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.
Joy said… We miss you until you're back
sowMa said… Hello Mr Haitham plsz tell me where to enter my order in EUR/USD.
msrich6335 said… Thanks Mr. Haitham for you EUR/USD outlook. I enjoy your analysis.
msrich6335 said…
thanks Mr Haitham.
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