{"id":75785,"date":"2015-07-26T18:08:32","date_gmt":"2015-07-26T22:08:32","guid":{"rendered":"http:\/\/countingpips.com\/?p=75785"},"modified":"2015-07-27T07:27:39","modified_gmt":"2015-07-27T11:27:39","slug":"will-eurusd-move-above-1-1000-or-below-that-level","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/07\/will-eurusd-move-above-1-1000-or-below-that-level\/","title":{"rendered":"Will EUR\/USD move above 1.1000 or below that level."},"content":{"rendered":"
July 26, 2015<\/div>
\r\n<\/div><\/div>

The pair closed below 100-SMA on 4 hr chart.
\nThere is a very strong resistance around 1.1000 and at the same time it is also seen as a strong psychological resistance.<\/p>\n

The short term downtrend from 1.1210 to 1.0800 the retracement of 50% Fibonacci is also seen around 1.1010 and will also add additional resistance to the pair.<\/p>\n

Important levels to be seen are:
\n1.0000 \u2013 Resistance
\n1.1110 \u2013 Resistance
\n1.0880 \u2013 Support
\n1.0800 \u2013 Support<\/p>\n

The upcoming data on the USD and EUR will play a very important role in determining the course of the currency.
\nFundamental data from germany especially German Ifo Business Climate and updates on Greece has to be monitored in this week.<\/p>\n

On the USD part we have FOMC Statement and a few fundamental data which will be released in this week to be monitored.<\/p>\n

The support and resistance levels have to seen and proper trade set ups have to be made accordingly.<\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

According to the technical side we can see a Short Trade Set-Up @ 1.1000 with SL \u2013 1.1110 an Targets \u2013 1.0880 & 1.0840 respectively.<\/p>\n

Click to view Chart<\/a><\/p>\n

 <\/p>\n

By\u00a0www.dailyfxpro.com<\/a><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The pair closed below 100-SMA on 4 hr chart. There is a very strong resistance around 1.1000 and at the same time it is also seen as a strong psychological resistance. The short term downtrend from 1.1210 to 1.0800 the retracement of 50% Fibonacci is also seen around 1.1010 and will also add additional resistance […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-75785","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/75785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=75785"}],"version-history":[{"count":3,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/75785\/revisions"}],"predecessor-version":[{"id":75788,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/75785\/revisions\/75788"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=75785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=75785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=75785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}