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EURo

EURUSD will see a stiff resistence at 1.40 and at 1.42 and in between these price levels shortly and i hope afater a month it will come low of 1.40 level and test 1.38 level and will be around that figure.
EURUSD run is not going to be long lasting as in 2007-08. it will fall eventually.
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Maria_r avatar
Maria_r 26 Mar.

well done

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EUR/USD heads to 1.40 before heads downwards.

EUR/USD has tested 1.35 key level and now its seems its heading to test key level at 1.40 level before its pushed downwards . in Fibonacci level is 61.80% which will be where fierce resistance lies.
I think pair will hit resistence at 1.40 and will head back to wards 1.35 and price will be around 1.363.
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Fibonacci retracement, GBUSD heads into 200 MA

As GBP/USD has crossed 200 MA on monthly chart but resistance around significant price level remains firm and will continue to put pressure downwards. Using fibonacci retracements one can predict future movement and price level which this instument can touch.
Next rbig resistense which the pair will face is around 1.6800 price level and that is crucial point for retracement. and Pair to move downwards and have correction before moving upwards.
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