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csc2009
Jul 28 2014 at 00:02
834 posts
bewayopa posted:

The dollar traded unchanged or higher against the G10 in pairs during the European morning session on Friday. Appreciated against the NZD, CAD, CHF, EUR, JPY and GBP, and this order remained unchanged compared to the AUD and NOK. The 'greenback' just devalued against the SEK.


Good to know.

peeterwoolf
Jul 28 2014 at 00:46
230 posts
The EUR/USD pair fell during last week, far clear the 1.35 level. It now appears that the selling momentum is picking up, and we might see it's heading down further.

Vn
vinabao
Jul 28 2014 at 00:57
104 posts
We may find strong support at 1.3400
Ceiling at 1.375 .
Break those level may cause up side or further down side .

alexforex007
Jul 28 2014 at 04:04
774 posts
The Euro has been hurt badly, but it may still go a little bit further down.

PERPETUUMMOBILE (PERPETUUMMOBILE)
Jul 28 2014 at 06:20
136 posts
Learn the 'language of charts' and you'll be trading without fear. After a very simple (7-bar) 'ledge' entry on the weekly chart (2 matching highs and 2 matching lows - with at least one bar between the matches), chances are, that prices will close the 'hanger' bar from Nov. 10 of last year at 1.3345. A hanger is a bar where the open and low or open and high are the same price (or less than 1 pip difference) and the price has not been touched every since (which is the case here). When the hanger closes, prices should trade very close to or below 1.3300 as I have posted some time ago. the 50% retracement from the past 2.5 years is at near 1.3000, where a minor trend line is met as well.

"a little bit of knowledge is a dangerous thing"
sherifFares
Jul 28 2014 at 06:37
454 posts
i wish to everyone a good profitable week

Abdul2012
Jul 28 2014 at 15:01
413 posts
PERPETUUMMOBILE posted:
Learn the 'language of charts' and you'll be trading without fear. After a very simple (7-bar) 'ledge' entry on the weekly chart (2 matching highs and 2 matching lows - with at least one bar between the matches), chances are, that prices will close the 'hanger' bar from Nov. 10 of last year at 1.3345. A hanger is a bar where the open and low or open and high are the same price (or less than 1 pip difference) and the price has not been touched every since (which is the case here). When the hanger closes, prices should trade very close to or below 1.3300 as I have posted some time ago. the 50% retracement from the past 2.5 years is at near 1.3000, where a minor trend line is met as well.


This is a good advice. Cheers

ifyforex (ifyforex)
Jul 28 2014 at 15:06
33 posts
i am looking at buy on eur/usd my target at 1.345

csc2009
Jul 28 2014 at 21:00
834 posts
No surprise today, I think it will probably continue this range until Wednesday.

peeterwoolf
Jul 28 2014 at 21:30
230 posts
csc2009 posted:
No surprise today, I think it will probably continue this range until Wednesday.


Yes, that's right. These two days eur/usd would probably be trading quite in the same range like today.

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