Daily Trade forex Recommendation - page 3

 

recommendation on euro/usd and other major pair

EURO/USD

Last week was correction toward the downside for euro, this week we expect it to continue in this correction to hit 1.3020s support level. since euro couldn't brake out 1.3360 last Friday due to the economic data that came out in the American session.

The general trend is up as far as 1.2640 remain intact targets now at 1.3500 and 1.3200 target then at 1.3420.

The key resistance will be at 1.3200 and the key support at 1.2900.

Support: 1.3125, 1.3105, 1.3073, 1.3049, 1.3024

Resistance: 1.3180, 1.3200, 1.3212, 1.3230, 1.3253

Recommendation: We expect Selling euro below 1.3175 with a target at 1.3107 and stop loss above 1.3220

other major pair here

 

Euro/usd 12/12/2006

echnical Analysis for Major Currencies

EURO/USD

Since Euro reach to the 1.3030s support level that we mentioned yesterday as 1.3020s and it couldn't brake it out we expect euro today to move up again to reach 1.328s resistance level.

The general trend is up as far as 1.2640 remain intact targets now at 1.3500 and 1.3200 target then at 1.3420.

The key resistance will be at 1.3200 and the key support at 1.2900.

Support: 1.3240, 1.3217, 1.3200, 1.3180, 1.3125

Resistance: 1.3253, 1.3285, 1.3305, 1.3330, 1.3347

Recommendation: We expect Buying euro above 1.3240 with a target at 1.3286 and stop loss below 1.3215

forex analysis and recommendationfor other pair

 

free forex recommendation

free forex recommendation

EURO/USD

Euro yesterday hit the critical support that we mentioned before at 1.3140s, and it just closed at it. therefore we expect today from euro to continue in the correction toward the down side

The general trend is up as far as 1.2640 remain intact targets now at 1.3500 and 1.3200 target then at 1.3420.

The key resistance will be at 1.3200 and the key support at 1.2900.

Support: 1.3143, 1.3123, 1.3107, 1.3090, 1.3072

Resistance: 1.3180, 1.3200, 1.3217, 1.3233, 1.3253

Recommendation: We expect Selling euro below 1.3160 with a target at 1.3085 and stop loss below 1.3200recommendation from other pairs and elliott analysis

 

forex recommendation on major pair

EURO/USD

The European currency did not face any problems in breaching the barriers ahead of it except the 1.3220 and the credit goes to the supporting fundamentals on Germany which indicated improvement in industrial and employment which is considered the best since 1990, this came a good initiative for further rate hikes in the coming year in the Euro Zone. On the American economy we witnessed the release of some what good PPI data whereas they aren't good enough as they were hoping for compared to the CPI data released earlier; nevertheless expectations indicate the power of the European Union currency that minimized the barriers to the 1.3500 except for the 1.3365.

The general trend is up as far as 1.2640 remain intact targets now at 1.3500 and 1.3200 target then at 1.3420.

The key resistance will be at 1.3200 and the key support at 1.2900.

Support: 1.3196, 1.3183, 1.3170, 1.3154, 1.3145

Resistance: 1.3235, 1.3242, 1.3250, 1.3290, 1.3310

FREE RECOMMENDATION ON OTHER MAJOR PAIR HERE

 

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EURO/USD

Euro was natural yesterday Since it couldn't breach up the 1.3245 resistance level, but since euro stopped at 1.3050s support level last time which seems to be the end of the correction wave it rallied up to hit the mentioned resistance at 1.3245. hence we still expect euro to move in the upside today.

The general trend is up as far as 1.2640 remain intact targets now at 1.3500 and 1.3200 target then at 1.3420.

The key resistance will be at 1.3200 and the key support at 1.2900.

Support: 1.3172, 1.3133, 1.3114, 1.3080, 1.3050

Resistance: 1.3184, 1.3200, 1.3217, 1.3233, 1.3253

Recommendation: We expect Buying euro above 1.3180with a target at 1.3230 and stop loss below 1.3140

free recommendation from other pair

 

Technical Analysis for Major Currencies

EURO/USD

Also euro was neutral yesterday due to the strong resistance level at 1.3220s, and strong support level at 1.3140s. Therefore these strong support and resistance are still existed today so we expect euro to move up first then and if it couldn't breach up the resistance it may drop down again,

The general trend is up as far as 1.2640 remain intact targets now at 1.3500 and 1.3200 target then at 1.3420.

The key resistance will be at 1.3200 and the key support at 1.2900.

Support: 1.3172, 1.3133, 1.3114, 1.3080, 1.3050

Resistance: 1.3184, 1.3200, 1.3217, 1.3233, 1.3253

Recommendation: We expect Buying euro above 1.3185with a target at 1.325 and stop loss below 1.3140

recommendation on other major pair

 

I do not think anyone can trust the recommendtions provided at http://forex.investirent.info simply for the following reasons:

(1) signals have incorrect pricing at times - no big deal, can decipher what was meant

(2) pivot levels are way off (unknown as to which broker using to calculate pivots or how its calculated)

(3) website is monitored for any changes in 5 minute intervals

  • posted signals are inputted manually by someone
  • price already made the big move by the time its posted

If one actually look at these signals later during the day, one would think these signals are fantastic and very profitable. In realitiy, the posted results cannot be used - they are painting the past. The bottom line, don't wait all night to think you have found a great signal provider for free.....

 

recommendation on major pair

EURO/USD

Euro just got up a critical resistance at 1.3200, hence we expect continue in moving up to reach to 1.3340s resistance level in the few upcoming days. Today we expect euro to move up to reach to 1.3280s resistance level.

The general trend is up as far as 1.2640 remain intact targets now at 1.3500 and 1.3200 target then at 1.3420.

The key resistance will be at 1.3200 and the key support at 1.2900.

Support: 1.3225, 1.3217, 1.3200, 1.3184, 1.3172

Resistance: 1.3245, 1.3262, 1.3287, 1.3318, 1.3344

Recommendation: We expect Buying Euro above 1.3233 with a target at 1.3285 and stop loss below 1.3180

recommendation on other major pair

 

Daily Trade Recommendation - EURUSD

EURUSD

EURUSD is looking to target 1.3057 level at the moment and might rise towards 1.3118 level before that due to over-sold market.

Mostly traders will look to sell EURUSD around 1.3118 level for a nice intra-day trade as the currency is expected to stay in range between 1.3118 and 1.3057 today.

Trade: Sell EURUSD 1.3118 for Profit Level 1.3058 and Stop Loss 1.3148