EUR

Here is another take on EURUSD:

EUR/USD INTRADAY: TOWARDS 1.36
Pivot: 1.3420.

Most Likely Scenario : LONG positions @ 1.343 with targets @ 1.357 & 1.36.

Alternative scenario : The downside penetration of 1.342 will call for a slide towards 1.336 & 1.332.

Comment : the RSI is mixed with a bullish bias. The upside breakout of 1.3525 will trigger a bullish acceleration.

Trend : ST Ltd Upside; MT Range

no eurusd trade today as credit markets indicate tightening . Is NOW at the moment in favor of EUR . If USDx falls below 78,5 sky is open for EURUSD if it bounces off eurusd back in range 134 135... too unpredictable no setup

EURUSD: 1.3521

Very Short-Term Trend: uptrend

Outlook: EURUSD fell yesterday, but couldn't reach our entry level at 1.3375 and then rallied strong. Now, the upside pressure is building for a move higher and firm break abv the 1.3520 level will signal the most recent uptrend has resumed and gains twd 1.3720 will be expected. However, until the 1.3520 level is penetrated in a meaningful way, we can't rule out one more dip lower twd the 100-hour moving average (currently at 1.3410), so it is not easy not to approach this market. On the downside, only below 1.34000 negates, risks decline twd 1.3330....

Strategy: Longs favorable at 1.3440. Stop=1.3390. Target=1.3600 OR on break of 1.3540. Stop=50 pts. Target=1.3700

@sydneyjames

I told you the other day, because this is the way most of his calls are working for me.
I have nothing against Ashraf. But I found a better way to use his calls. That's all.

Hey guys
yeah, eurusd is most probably going to 1.3570 and 3730 but I will be more confident it is going up if Ashraf comes out and reiterates his 1.2700 call.