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EUR/USD Trading Analysis with Forecast on 28 October 2014

October 26, 2014 9:58 am

EUR/USD currency pair at the time under pressure, because improvements both economic sectors of Europe and U.S in little process due to reason investors and other relevant department confused about monetary polices, so if we are view the all main factors then Euro face crisis and U.S little better. But on 27 / 28 October 2014, this pair will move both sides resistance level 1.2695 – 1.2710 and due to economical improvements in U.S zone will move support level 1.2635 – 1.2590.

Recommended Forecast:

Dear traders we are predicted that this pair will move upward near resistance level 1.2695 – 1.2710 and then move near support level 1.2635 – 1.2590. Remember if any trader want to get maximum benefits from our analysis then join us at Skype and ID DailyFXGuide.

 

EUR/USD Technical Studies

 

Strong Buy Level 1.2590 Strong Sell Level 1.2710
Upward Range 1.2710 Downward Range 1.2590
200 MA (H1) Bullish Scenario 1.2631 200 MA (H1) Bearish Scenario 1.2725
Daily Pivot Point Reverse As Per Fibo %
Resistance 1 1.2697 Resistance 2 1.2727
Support 1 1.2636 Support 2 1.2605
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