| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70

FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206

FxWirePro: GBP/NZD edges higher but bearish outlook persists

FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains

FxWirePro: AUD/USD consolidates gains ,remains on positive footing

FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption

FxWirePro- Major US Indices

FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support

AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85

FxWirePro: NZD/USD sustains gains as uptrend remains strong

FxWirePro- Major Crypto levels and bias summary

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

FxWirePro: AUD/USD firms as Australian household spending records sharp jump

FxWirePro: USD/CAD downside pressure builds, key support level in focus

FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level

©Econometrics LLC . All Rights Reserved.

EUR/USD Trade idea

Friday, December 11, 2015 11:09 AM UTC

Harmonic Pattern- Bullish Cypher
Pattern
Potential reversal Zone (PRZ) -1.10450
The bullish cypher pattern becomes invalid only if it breaks above 1.10450.
The pair has made a low of 1.09257 after making a high of 1.10420. it is currently trading around 1.09390.
Overall trend is still weak as long as resistance 1.10450 holds. Any break above 1.10450 will take the pair till 1.1070/1.1090 level.
On the lower side major support is around 1.0900 and break below will drag the pair further down till 1.0830/1.07850 level.

It is good to sell on rallies around 1.09850-1.0990 with SL around 1.1045 for the TP of 1.0830/1.07950

R1-1.1045

R2-1.1070

R3-1.1090

Support

S1-1.09900

S2-0.9830

S3-0.9780

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Cuba Reaffirms Anti-Drug Cooperation as Tensions Rise in the Caribbean

FxWirePro: USD/ZAR outlook weaker on renewed downside pressure

Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert

FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed

FxWirePro: USD/CAD downside pressure builds, key support level in focus

FxWirePro- Major Pair levels and bias summary

FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

FxWirePro: GBP/NZD edges higher but bearish outlook persists

IKEA Expands U.S. Manufacturing Amid Rising Tariffs and Supply Chain Strategy Shift

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

EUR/USD Trade idea

Editor's Picks

Welcome to EconoTimes