EURUSD - Weekly Strategy (26-30 Nov 2012)

The Upside Prevails

Pivot: 1.2735

Recommendation: Long positions Above 1.2735 with 1.3020 & 1.3171 as next targets.
Alternative scenario: The downside breakout of 1.2735 will open the way to 1.2560 & 1.2400.
Comment:.As long as 1.2735 holds, the pair is bullish, a daily close below 1.2735 will reverse risk to the downside and target 1.2560/1.2400 levels..

Best Regards

Views: 931


Comment by john richmond on November 26, 2012 at 12:21pm
hi sir how do you view this week eurusd. thanks
Comment by Haitham653 on November 26, 2012 at 12:36pm

Hi John...

EURUSD is bullish, it might test 1.2870/40 levels before breaking above 1.3000 levels, a break above 1.2991 would resume the bullish move without testing 1.2870/40 levels..

Comment by No more on November 26, 2012 at 1:13pm

Hi Haitham653! Thanks for your forecast! I like  your %R on daily chart ;) Best regards

Comment by Haitham653 on November 26, 2012 at 4:59pm

Thanks Aleksey...

Comment by Srinivas dev on November 26, 2012 at 5:03pm

Hi Haitham Thanks for your forecast. Always watch your chart with fascination. look forward to your posting. 


You need to be a member of Forex Social Network to add comments!


Join us on Facebook Now!!!

Hi everyone

This website was closed June 2nd 2015.

Please, join us now at Facebook where you can keep sharing your thoughts about Forex with our community of traders:

OVER 2,500 READERS!!!!

© 2015   Created by FXStreet.

Badges  |  Report an Issue  |  Terms of Service


Live Video