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Euro's test levels from 1.1420 this week by World-Signals.com
Posted by Admin on Sunday, 21 August 2016
The pressure for the US dollar will continue this week, although it will be weak and not so frequent. US Dollar will loose some of his price over the Euro's strong support.
The main Dollar lost will be just in the beginning of this week and by the end, it will regain some influence again.
The most important events witch will take place in the market’s movements are Germany's GBP on Wendsday, Jackson Hole Symposium in Thursday and Friday.
This week's strategy of World-Signals.com will be to buy long positions in Monday and to exit at levels 1.1420 witch is the main resistance level.
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EUR/USD will consolidate around 1.11 before reaching attack targeting levels below 1.10
Posted by Admin on Sunday, 07 August 2016
In the past week World-Signals.com saw the US dollar taking over above the Euro in the second half of the week in cause of the good data about the working places in USA.
This week the fundamental key information about the market that can occur and have influence are from GDP in Germany and the Euro Zone in Friday and Retail Sales in the US.
World-Signals.com expects attempt of consolidation from EUR/USD for a while at the same levels. First key support level is at 1.1045, as the test of this level will occur about 1.0960. First level of resistance will be around 1.1160 followed by 1.1233. The next event will be the US Dollar's attempt at levels 1.0960 and below.
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New bad news about the EU are charging the already strong dollar
Posted by Admin on Sunday, 24 July 2016
As we know the US dollar was escalating his price over the Euro in the last week.
The problems are to be continued about the Euro zone from Brexit and the new terrorist attacks are heating up the measures about the security of EU according to World-Signals.com.
As the fear of terrorist attacks is escalating, the stability of Euro will be fragile.
The most important event of this week will be the Fed Interest Rate Decision in the US.
As we speak expect data about GDP and CPI for the second quarter half of this year.
We predict several attempts for attack this week with key support level at 1.0910 mainly from the ref in England.
At any chance we expect very close positioning about 1.0910 level and testing for this week.
First level of resistance will be around 1.1025, followed by 1.1060.
World-Signals.com trading strategy for the upcoming week is trading EURUSD, using the first key of resistance level and opening a short position with main objective 1.0910 and below.
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