EURUSD - Intraday Strategy (07 Feb 2013)
Pivot: 1.3492
Recommendation: LONG positions above 1.3492 with 1.3540 & 1.3570 as next targets.
Alternative scenario: The downside breakout of 1.3492 will open the way to 1.3460/1.3420.
Comment: The pair put a minor support at the rising support from 1.3042, as long as this level holds it will rebound to 1.3540/70 levels at least, break below the key support 1.3492 will suggest that falling from 1.3597 is resuming and target 1.3460/20 levels.
Best Regards
Haitham
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Comment by Haitham653 on February 7, 2013 at 7:10am -
First target achieved at 1.3540, around this level we have the falling line from 1.3710/1.3595, a break above this falling line will threat 1.3600 levels, a rejection from here 1.3540, will dip the pair towards 1.3500 before the next move...
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Comment by Haitham653 on February 7, 2013 at 8:29am
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Second target reached..done for today...
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Comment by jack on February 7, 2013 at 8:37am
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WD Haitham!
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Comment by Peter jcp on February 7, 2013 at 8:53am -
WD Haitham
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Comment by Predrag on February 7, 2013 at 8:58am -
WD Haitham!
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Comment by Dariusz R on February 7, 2013 at 11:23am -
Hi Haitham, At first, many thanks for you recommendation! Keep good work!
Also do you trade EUR/JPY ? Thanks
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Comment by Aldi Urban on February 7, 2013 at 1:24pm -
good work bro
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Comment by Haitham653 on February 7, 2013 at 1:45pm
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The EURO rebounded 70/80 pips as suggested yesterday , now starts collapsing !!
eyes below 1.3458, let's wait and see !!
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Comment by Haitham653 on February 7, 2013 at 1:48pm
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The EURO may dip 140/150 pips from current high 1.3576
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Comment by 1forex.vn on February 7, 2013 at 2:02pm -
Great prediction, Haitham!
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