Visitors Now:
Total Visits:
Total Stories:
Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

EURUSD Daily Forecast: October 12

Tuesday, October 11, 2016 19:33
% of readers think this story is Fact. Add your two cents.

(Before It's News)

EURUSD Forecast    
The EURUSD had a significant bearish movement yesterday broke below 1.1125 key support and hit 1.1041 earlier today. The bias is bearish in nearest term as a part of a descending triangle bearish scenario targeting 1.1000. A clear break and daily close below that area would expose 1.0910 region. Immediate resistance is seen around 1.1125. A clear break back above that area could lead price to neutral zone in nearest term as direction would become unclear. Overall I remain neutral.


Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.