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EUR/USD
Member Since Apr 14, 2014
230 posts
Dec 04, 2014 at 23:55
Member Since Apr 14, 2014
230 posts
sherifFares posted:victoriajensen posted:
The ECB rate decision certainly had an effect but it was not the effect I was hoping for. Still, despite the movement to the upside I don't believe that the bearish trend is over yet. I still think that the EUR/USD pair will reach target 1.22 sooner or later.
there are no indicators say that the bearish trend has ended. the ECB conference was rather weak It will not help on the long run. tomorrow's american Non-farm payroll will easily crush the Euro.
I agree, today we traded as low as 1.228, let's see what NFP tomorrow would offer us.
Member Since Oct 11, 2013
775 posts
Member Since Nov 11, 2012
271 posts
Dec 05, 2014 at 05:52
Member Since Nov 11, 2012
271 posts
The short trade from 1.2506 to 1.2357 made some nice pips. The long from 1.2357 again was bit shaky so closed the trade with break even. Now again short from 1.2370 and will wait to go short again from 1.2418. Hopefully today's NFP will create some nice volatility to fill me in.
antariks1@
Member Since Apr 08, 2014
1141 posts
Dec 05, 2014 at 09:52
Member Since Apr 08, 2014
1141 posts
EURUSD tried to rally during most of the day yesterday, but struggled to stay above the 10-day moving average and the pair gave up about half of the gains considering that the non-farm payroll numbers are release today. Most traders will be willing to get out of the market at the end of the day, as the volatility should pick up this morning. So rallies all the way up to the 1.2577 level will offer selling opportunities.
"I trade to make money not to be right."
Member Since Dec 04, 2014
2 posts
Member Since Jul 10, 2014
1117 posts
Dec 05, 2014 at 15:20
Member Since Jul 10, 2014
1117 posts
The non-farm payroll today ruined Draghi's efforts from yesterday and the euro is once again in freefall. The EUR/USD bearish trend continues and the pair will likely reach 1.2200 sometime soon.
Member Since Jun 08, 2014
454 posts
Dec 05, 2014 at 22:01
Member Since Jun 07, 2011
372 posts
EUR / USD rose on Thursday after the ECB President Mr. Draghi have said that the Bank will wait until the next quarter to assess the possible need for additional stimulus measures.
However, the increase in the stopped 1.2455. With the rate below the falling trend line, the short-term picture remains negative and we can only expect to see a downward trend for the EUR / USD.
R3 - 1.24840
R2 - 1.24384
R1 - 1.23619
Daily Std. Pivot - 1.23163
S1 - 1.22398
S2 - 1.21942
S3 - 1.21177
https://bewayopa.wordpress.com/
However, the increase in the stopped 1.2455. With the rate below the falling trend line, the short-term picture remains negative and we can only expect to see a downward trend for the EUR / USD.
R3 - 1.24840
R2 - 1.24384
R1 - 1.23619
Daily Std. Pivot - 1.23163
S1 - 1.22398
S2 - 1.21942
S3 - 1.21177
https://bewayopa.wordpress.com/
Member Since Apr 14, 2014
230 posts
Member Since Jan 28, 2014
41 posts
Member Since Oct 11, 2013
775 posts
Dec 06, 2014 at 05:51
Member Since Jun 15, 2013
29 posts
NOW THE NEW DATA IN EURUSD MAKE NO MORE COMMENTS , UP MOVE ABOVE 1.247 FOR ONE DAY THEN GET DOWN .
UP MOVE IS VITAL TO CONTINUE AS EURO MAKE SO MUCH DOWN WITHOUT ANY CORRECTION AND THE POWER OF DOWN BECOME LESS AS THE WAVES BECOME MORE AT 4 HOUR CHART TECHNICALLY.
FOR LONG RUN EURO IS GOING DOWN , BUT SHORT UP FOR WEEK OR LESS THE CONTINUE
UP MOVE IS VITAL TO CONTINUE AS EURO MAKE SO MUCH DOWN WITHOUT ANY CORRECTION AND THE POWER OF DOWN BECOME LESS AS THE WAVES BECOME MORE AT 4 HOUR CHART TECHNICALLY.
FOR LONG RUN EURO IS GOING DOWN , BUT SHORT UP FOR WEEK OR LESS THE CONTINUE
Member Since Dec 06, 2014
3 posts
Dec 07, 2014 at 07:36
Member Since Dec 06, 2014
3 posts
alexforex007 posted:
The EURUSD could keep dropping next week. The fundamentals keep supporting a higher Dollar.
Agreed, the dollar looks stronger for next few months, but I don't see it sustaining in the next 12 months to be perfectly honest. All fundamentals are against a stronger dollar. It's having it's moment in the sun, it's basking, before (what I believe) a true melt-down.
Dec 08, 2014 at 07:34
Member Since Jul 01, 2012
30 posts
bewayopa posted:ует
EUR / USD rose on Thursday after the ECB President Mr. Draghi have said that the Bank will wait until the next quarter to assess the possible need for additional stimulus measures.
However, the increase in the stopped 1.2455. With the rate below the falling trend line, the short-term picture remains negative and we can only expect to see a downward trend for the EUR / USD.
R3 - 1.24840
R2 - 1.24384
R1 - 1.23619
Daily Std. Pivot - 1.23163
S1 - 1.22398
S2 - 1.21942
S3 - 1.21177
https://bewayopa.wordpress.com/
nothing is impossible
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