ForexPeoples Daily Technical Analysis for EURUSD

Thursday, August 02, 2012

The EURUSD on look to probably more bearish = after the price till now can be open on bellow that TCCI line (Daily TF). So, of course, I see = search for next nice Sell OP here for today can be better idea. Please look to the 23.6 fib at 1.2208. If that 23.6 fib can be break by price from top = Yes, I see the more nice bearish here. Search for Sell on smaller TF = better. :slight_smile:

Regards.

Friday, August 03, 2012

I see - the more bearish probability still look here. The candle till now still play bellow that TCCI (daily TF), And so, because of this - I see the more price to become more bearish can be here if then price on today move can break down more the daily breakout line (1.2133). So, search for next nice Sell OP here better if truly price can break down to that daily breakout line (1.2133). I see. :slight_smile:

Regards.

Sunday, August 05, 2012 (Analysis price for next opening price - tomorrow)

On last Friday, We can see that price on EURUSD look bulls trend and almost break that pivot line (1.2394). But look still failed to break that pivot 50% fibo. Then, I see the trend on daily TF still nice bulls, this can be see from the TCCI line that till now still on bulls. So, on my see if then price can break up more that pivot = break from bottom, search fro nice Buy OP here = better, of course. :slight_smile:

Regards.

What do u think Tomorrow?bullish or bearish?

Hi, bro sham1303 :slight_smile:
here is my Analysis :

Monday, August 06, 2012

The bulls still look here = after we see the price now can be open on above that pivot line (1.2394) on Daily TF. Then, with this simple candle look = of course, I can predict that probably price to test more up to max. near that golden fibo ratio = here (61.8 fib = 1.2477). So, yes, search for nice Buy OP here using smaller TF = better, I see. :slight_smile:

Regards.

Tuesday, August 07, 2012

The trend till now on still bulls = Can be see from the TCCI on daily TF (TCCi with using 20 day average). And yes, I see this will probably more bulls again if that daily breakout line at price 1.2442 can be break too by price from bottom = if that happen = Search for Buy OP = better, then, I see. :slight_smile:

Regards.

Wednesday, August 08, 2012

EURUSD Price till now still look on consolidation near that pivot line (1.2394). So, I see - the wait and see action can still better idea here. But, then, after I see the still strong and nice TCCI Bulls = Yes, this pair can more bulls IF then price from bottom can break up more to the strong daily breakout line at 1.2442. :slight_smile:

Regards.

Thursday, August 09, 2012

Till now, I still see that this EURUSD pair on look still bulls, can be see with TCCI 96 now on bulls and also we see the TCCI 16 = bulls too. The price now want to try that supply area at near 1.2380. So, please be careful about price sideways first after truly near that supply. but Bulls trend still show this pair. :slight_smile:

Regards.

Friday, August 10, 2012

The price on still sideways with bearish correction first. So, with this look - just wait and see and then, I see this price can bulls probably if truly the candle from bottom can break up to that more 1.2308 and or to break that strong 12321. we can see that TCCI 96 on still nice bulls. :slight_smile:

Regards.

Sunday, August 12, 2012 (analysis price for next opening price - tomorrow)

The price look sideways first near the 38.2 fib line (1.2287). On my see if on next price move - the price can be open bellow that 1.2279 (pivot) = Yes, this will be a nice trigger to become more bearish here, I see. :slight_smile:

Regards.

Monday, August 13, 2012

After I see to the chart opening today, the TCCI 96 look red color and look pullback down from that supply area (1.2293). With this look - Now, I see - price still probably to be more bearish again although with still weak move. On next move - I can say that bearish here can be more nice if that pivot (1.2279) can be break by price from top. :slight_smile:

Regards.

Tuesday, August 14, 2012

On my simple see - this EURUSD on look to be more bearish after now price can move bellow that TCCI 96. But, of course to become start nice bearish again = the price from top must break down first to that strong support line at 1.2324. So, if that 1.2324 can be break by price from top = Yes, I see the nice more bearish here and make a Sell OP = better. :slight_smile:

Regards.

Wednesday, August 15, 2012

Till now, this EURUSD pair on still probably consolidation first near that demand area (1.2318). So, just be careful about price pullback up first (although just a bulls correction). On other side, this pair can be call bearish again if that 1.2316 can be break by price from top, of course. :slight_smile:

Regards.

Thursday, August 16, 2012

The EURUSD till now on look to be more pullback up first - TCCI 96 now was give this bulls condition - Then, I see = if that 1.2293 can be break by price from bottom = so, yes, this will be nice more bulls here (although just a bulls correction) then. :slight_smile:

Regards.

If the July trendline (starting July 24 lows) holds @ 1.2250/60, then there may be a bounce targeting 1.2400/50 depending, but if that line breaks, 1.2150 (Aug 8, 2012 lows) would be the first target of a move down. No guarantees either way.

Friday, August 17, 2012

The EURUSD look pullback down from that strong supply area (1.2380) and supply 1.2362. So, of course - with this look - I see the more probably bearish here = although just a bearish correction. Search for Sell Op better here (for today) with using max. Stoploss above the strong resistance at 1.2372, of course. :slight_smile:

Regards.

Saturday, August 18, 2012 (Analysis price for next week - opening price)

Price on closed price this week look pullback up (bulls correction) from that demand area (near 1.2320), I see - this will probably can be more bulls of course - if that price on next price move can break up more to the strong 61.8 fib line (1.2345). :slight_smile:

Regards.

Monday, August 20, 2012

After I see the the price candle movement today, this look still consolidation. And I can say this pair (EURUSD) can be more bulls after the price from bottom can break that strong nearest supply area at 1.2350. So, if that happen = searching for Buy OP will be great idea here then. But, on other look - just be careful about more bearish too if the 38.2 fib line (1.2316) can be break by strong bearish candle (from top). :slight_smile:

Regards.

Tuesday, August 21, 2012

The price till now on look to become more pullback down - I can say this because price was pullback down from that strong support area (near price 1.2357). And I see - searching for Sell OP here now = better as long as the price can not break up again more that 1.2357. :slight_smile:

Regards.

Wednesday, August 22, 2012

The price look still consolidation bellow that strong support area (1.2487). And of course, on my see = as long as the price can not break up again to more that (1.2487) = this will become probably to pullback down first. So, just be aware to ready sell OP with SL above that (1.2487). :slight_smile:

Regards.