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EUR/USD
Member Since Jul 10, 2014
1117 posts
May 28, 2015 at 17:31
(edited May 28, 2015 at 17:32)
Member Since Jul 10, 2014
1117 posts
Abdul2012 posted:
The EUR/USD moved today between two levels 1.0853 support and 1.0950 resistance in the 4H chart , waiting to break one of them to know the next target.
EUR/USD broke above the resistance at 1.0900 and is currently headed for the resistance level at 1.0950. Should it break above that level it will likely reach 1.0980.
Member Since Jun 08, 2014
454 posts
May 28, 2015 at 23:41
Member Since Jun 07, 2011
372 posts
Tsipras, may be trying to calm the population in order to slow down the massive outflow of deposits, Greek banks after the ECB's decision on Wednesday, which rejected the request for liquidity support to banks increased Greeks.
I hope that Tsipras has even assign, anyway, if the minister can an agreement in the Greek parliament will be another matter.
I hope that Tsipras has even assign, anyway, if the minister can an agreement in the Greek parliament will be another matter.
Member Since Apr 08, 2014
1141 posts
May 29, 2015 at 08:12
Member Since Apr 08, 2014
1141 posts
EURUSD had a high volatile session yesterday but manage to close in the green near the high of the day. The currency has to the upside strong resistance at the 10 and 50-day moving averages although the stochastic is showing an oversold market and is displaying a slight bullish momentum.
"I trade to make money not to be right."
Member Since Oct 27, 2014
53 posts
Member Since Nov 19, 2014
169 posts
May 29, 2015 at 15:30
Member Since Nov 19, 2014
169 posts
On Tuesday I cautioned against continued selling as we were close to the Breakout Equivalent of the Pennant..
A few days later, the pullback started as predicted...
This Breakout Equivalent is a target to which all Consolidations head towards. At this area, the market will tend to pullback before either continuing the current trend or reverse to start a new trend.
With this EURO USD, we are likely to see this pullback give way to another Bearish signal given the strength of the overall Downtrend.
Trade Less, Earn More
Member Since Sep 25, 2013
24 posts
Member Since Oct 27, 2014
53 posts
Member Since Apr 22, 2015
11 posts
May 30, 2015 at 10:46
Member Since Apr 22, 2015
11 posts
https://twitter.com/goldenfxtrading/status/602249884016578560
this is what I predicted last week and what do we have on weekly ? a PIN BAR
now next 2 weeks bullish on EURUSD
also check my usdchf and usdcad setups
bearish on USDCHF and USDCAD.
Member Since Jul 10, 2014
1117 posts
May 30, 2015 at 10:57
Member Since Jul 10, 2014
1117 posts
EUR/USD broke above the resistance at 1.0980. It's very likely that next week the pair will continue climbing at least until it reaches 1.1100.
Member Since Jun 08, 2014
454 posts
May 31, 2015 at 20:14
Member Since Apr 09, 2014
834 posts
We have event-driven high risk week ahead of us, there are items on the calendar on both side that are very likely increase volatility around Eur/Usd, of course Friday the 5th of June will be crucial. I think by the end of next week, we should have a clear picture of which way this pair will be trading in the future.
Member Since Apr 08, 2014
1141 posts
Jun 01, 2015 at 08:43
Member Since Apr 08, 2014
1141 posts
On Friday session the EURUSD rallied to the 10 and 50-day moving and closed in the green near the high of the day, on a narrow range day but below the 10 and 50 day moving averages. So today, a break above the 10 and the 50 day moving averages could trigger a rally to a Fibonacci retracement (38.2) at 1.10584 or a break below the Fibonacci retracement (50) at 1.0955 could push the currency downward to another Fibonacci retracement (61.8) at 1.0852.
"I trade to make money not to be right."
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