EURUSD 13.09.2013

Hi all,


I'd like to update my view on EURUSD. You can find my prev. post on EURUSD here http://supamanfx.blogspot.com/2013/09/eurusd-11092013.html

And the LT view on EURUSD here: http://supamanfx.blogspot.com/2013/09/eurusd-lt-11092013.html

Price is trapped in a range as you can see on the chart. Bearish divergence still intact signal possible end to ST up cycle from 1.3103. Current key support @ 1.3255, I'm bearish below this level

http://d.pr/i/q5rE - H1 chart

Also worth mentioning, EURUSD printed a daily spinning top candle, suggesting a halt in upside momentum. A break of aforementioned 1.3255 would be early signal the top is in place.

http://d.pr/i/zTqG - Daily chart

Please give your comment on this. Thank you


Supaman_fx

Duc

EURUSD 11.09.2013

Hi all,


I'd like to update my view on EURUSD. You can find my previous post on EURUSD here http://supamanfx.blogspot.com/2013/09/eurusd-10092013.html

I suspect the correction ABC has come to an end @ 50 back retracement. Bearish divergence signal a possible change in direction.

Key Support lies @ 1.32293, below this level would confirm downside acceleration. 

http://d.pr/i/Ix3a - H1 chart 

Alt. scenario: ED w5 of C http://d.pr/i/S72K - H1 chart

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UPDATED: As price action unveil itself, wave iv of C is more complex than expected. I'd like to update my view on EURUSD

http://d.pr/i/aWbd - H4 chart, keep in mind price is at horizontal resistance zone (Gray area)

http://d.pr/i/9DYR - H1 chart, Fibo 61.8% is darn close. Bearish divergence signal Bull team running out of gas.

http://d.pr/i/3wBq - M30 chart

Key Support lies @ 1.3253, I'm bearish below this level


Please give your comment on this. Thank you


Supaman_fx

Duc

EURUSD 10.09.2013

Hi all, 

I'd like to share my view on EURUSD

IMO 5 wave impulsive from Key high 1.3450 to 1.3105 has been in place. Currently this pair is correcting in a-b-c. Possible area to end retracement @ 1.3300-1.3320.

http://d.pr/i/jEwK 

Please give your comment on this. Thank you.

Supaman_fx

Duc