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Posted on Mar 2, 2015 in EURUSD | 0 comments

EURUSD Analysis 2015-03-02

We see better value in short positions.
If the price will go below the first support at (1.1162), this would confirm continuation of the bearish trend, towards next objective downwards (1.1135) then (1.1093) and (1.1066) will follow.

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Posted on Feb 27, 2015 in EURUSD |

EURUSD Analysis 2015-02-27

We believe that possible bearishness could be seen during this trading session.
Immediate resistance is at (1.1460). Close above that area could lead us to neutral zone as direction would become unclear, but as long as price moves below that level the major scenario remains bearish.

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Posted on Feb 26, 2015 in EURUSD |

EURUSD Analysis 2015-02-26

Overall the direction remains unclear and price is moving in (1.1460 – 1.1188) range area, the instrument has a 50 – 50 chance of a recovery above (1.1460) or a fall towards (1.1188) in the coming session.

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Posted on Feb 25, 2015 in EURUSD |

EURUSD Analysis 2015-02-25

Overall the direction remains unclear. EURUSD might close below (1.1269). If seen this will call for more declines to the (1.1259) level. Further down, support is located at (1.1229). Alternatively, above the (1.1460) level it will to be traded to resume its medium term uptrend towards its important resistance at (1.1509).

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Posted on Feb 24, 2015 in EURUSD |

EURUSD Analysis 2015-02-24

EURUSD is at a crossroads, the instrument has a 50 – 50 chance of a recovery above (1.1460) or a fall towards (1.1269) in the coming session. We have to wait and watch the movement of the instrument from current levels.

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Posted on Feb 23, 2015 in EURUSD |

EURUSD Analysis 2015-02-23

We can say that additional bullish movements could be seen during current session, particularly if it succeeded to stabilize above (1.1269) zones.
A proper confirmation would occur if the EURUSD will manage to overcome the (1.1409) resistance.

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