empty
 
 
07.11.2012 06:39 PM
EUR/USD Buy Above 1.2761 - For November 07, 2012 (Daily Strategy)

The euro falls very strong, after reaching 1.2870 in the European session. Early in the U.S. session records the euro broke support last week from 1.2763. If the pair closed the week with a candle below this level, it will be the beginning of a bearish sequence that could extend to 1.2550.

At this time the market has a bearish trend; it is likely to continue for the rest of the day. On the other hand, a return to the 1.2763 level may occur. If the pair closes above this level in 4 hour candle, we can buy with targets 1.2881 and 1.2961.

Therefore, we do not recommend selling at this time, as the market is undecided and it may bring a loss. Buy above 1.2763.

This image is no longer relevant

If you need personal consultation, contact me via e-mail: [email protected]

If you like my technical analysis, please vote for me, in the portal MT5.com, please login and then vote for me. Thanks.

InstaForex Analyst,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
InstaForex Analyst
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback