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EURUSD after FED's decision

rashadali Posted 21 Nov. as Analysis on EUR/USD, Target: 1.057, Date: 2nd of January, 12:00 GMT  in #Technical analysis #Forex #Eurusd #Prediction #EUR/USD
EURUSD with the 100% possibility of FED's rate hike fell to the minim of 2016, 1.05692 and bounced from last years support level at
It seem EURUSD will bounce from support zone up to 1.0855 and meet resistance at previous support level. And after close to FED's decision it will fall to the support levvel.
I believe that with FED's decision it will break support level and fall to two years minimum and 161.8% of fibonacci expansion level.
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2 Comments
Elens94 avatar
Elens94 21 Nov.

great analysis!

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rashadali 17 Dec.

Price as fall bellow support line as a predicted. I think it will reach previous support line and meet resistance will 2nd January.   

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ERUSD most probably will fall to 1.117

rashadali Posted 15 Sep. as Analysis on EUR/USD, Target: 1.118, Date: 1st of November, 12:00 GMT  in #Technical analysis #Eurusd #Support #Resistance #Trendline #EUR/USD #Fibonacci Level
As you can see eurusd met strong resistance around 1.1300
We can see two fibonacci level crossing their. First 23.6% is from fall that started from may and ended in march: 1.400-1.046
And the second is from daily the rise that started from 24 July till 17 August. I expect till the end of the week eurusd will break the 38% level and reach 1.117 around 50% fibo level.
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5 Comments
rupesh1984 avatar
rupesh1984 15 Sep.

good analysis :)

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rashadali 15 Sep.

I did not read the part where it says analyze should be  till 1  November :) will do another one for November )

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rashadali 16 Sep.

yes it reached  my  target :D

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FXRabbit 25 Sep.

Looks like a side way channel through the month ahead, and don't be surprised to find EUR/USD at 1.117 on November 1st. :D

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rashadali 25 Sep.

FXRabbit I didn't  read the rules properly. so it was not for 1st November but for the week only :))

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EURUSD -trend reversal?

rashadali Posted 4 May  in #Trader's blog #Eurusd
Probably we are having trend reversal for the eurusd.
RSI 70 line is reached.
MACD shows divergence.
And we have bearish candle formation close to the resistance and trend line.
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