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EURUSD trading recommendations Grand Capital

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  #1  
Old 15-10-2015, 10:53
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Default EURUSD trading recommendations Grand Capital

The pair fell sharply under 1.1460 level following the ECB Nowoty related to the the central bank stimulus program expansion. If the US consumer inflation data won’t be worse than expected, a further fall can be expected.

The price is higher than the middle Bollinger band, lower than SMA 5, but higher than SMA 14. RSI index is under overbought level and moving horizontally. Stoch left the overbought zone and signals that the price will go even lower.



Trading recommendations: It is better to sell the pair as long as the US consumer inflation data is positive with local target of 1.1385
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  #2  
Old 16-10-2015, 09:56
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Default Re: EURUSD trading recommendations Grand Capital

Technical analysis 16.10.2015

EURUSD
The published inflation rates were in accordance with the forecast and imply both: growth in September and 0.1% fall this year. Export surplus decreased dramatically till 11.2 billion Euro against 31.4 billion which is a negative factor for the European currency.
The price is lower than the middle Bollinger band and lower than SMA 5 and SMA 14. RSI index is under 50% level and moving horizontally. Stoch is located in overbought zone.




Trading recommendations: It is better to sell the pair after 1.1345 level is passed with a local target of 1.1300.
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  #3  
Old 19-10-2015, 08:44
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Default EURUSD Technical analysis 19.10.2015

The pair consolidates expecting this week’s ECB meeting results. If Mario Draghi will imply the further stimulus program expansion, strong local pressure on the pair can be expected.
The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI index is under 50% level and moving horizontally. Stoch is also under 50% level.



Trading recommendations: The pair will most likely consolidate in a narrow range, but depending on Draghi’s speech, it can fall to 1.1265 level after 1.1345 is passed.
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  #4  
Old 27-10-2015, 09:33
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Default Re: EURUSD trading recommendations Grand Capital 27.10

EURUSD
The pair is slowly rising as investors restrain from active trading awaiting FOMC meeting which will take place later today and tomorrow.
The price is lower than the middle Bollindger band, but higher than SMA 5 and SMA 14. RSI index is above the oversold zone and is turning down. Stoch is entering overbought zone.



Trading recommendations: The pair may go up touching 1.1085 or even 1.1045 level before it starts its fall reaching 1.000 and then 1.0925 level.
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  #5  
Old 10-11-2015, 10:42
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Default EURUSD trading recommendations Grand Capital 10.11

EURUSD
The pair consolidates awaiting for the publication of important data concerning retail sales in the US, which will be released this Friday. If the data is strong the pair will be inevitably pushed down. Meanwhile, before Friday is here, the price will move in a narrow range.
The price is lower than the middle Bollinger band, higher than SMA5, but lower than SMA14. RSI index is under the oversold line and moving upwards. Stoch are not-informative.



Trading recommendations: Sell the pair while it is rising, starting from an approximate level of 1.0840 with local targets of 1.0700, 1.0650 and 1.0515
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