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Abdul2012
Oct 01 2014 at 11:09
413 posts

Great analysis ,i think short sell is the best choice for today, thank you.😎

peeterwoolf
Oct 01 2014 at 12:08
230 posts
According to Goldman: '' The Euro is therefore far from cheap after recent declines and this is one of the reasons we continue to hold a bearish view. We expect EUR/$ to go to 1.20 in 12 months and parity by end-2017.''

victoriajensen
Oct 01 2014 at 14:07
1117 posts
EUR/USD hit strong support at 1.2600 and we might see some pullback before it heads for 1.2500, especially considering that a double bottom seems to have formed in the one hour filter chart.

csc2009
Oct 01 2014 at 16:16
834 posts
peeterwoolf posted:
According to Goldman: '' The Euro is therefore far from cheap after recent declines and this is one of the reasons we continue to hold a bearish view. We expect EUR/$ to go to 1.20 in 12 months and parity by end-2017.''


It's too soon to tell, as we can see the potential of USD strength recently. But on the other hand China will start quoting EUR/CYN, this will reduce volumes in USD and increase them in EUR. This new quoting might just be what the Euro needed to recover from the recent steep loses it suffered versus USD.

bewayopa
Oct 01 2014 at 19:39
372 posts
The dollar traded higher against EUR but almost unchanged against GBP.
The euro fell against the dollar after mainly because manufacturing growth in the Euro-area slowed further more in September.

sherifFares
Oct 01 2014 at 19:49
454 posts
price failed to break the week's low @ 1.2570 more than one time. I am going to buy for target under the resistance of the week 1.2665.

takechance (takechance)
Oct 02 2014 at 01:24
271 posts
Many divergent indicators suggesting a Bullish day for EUR/USd today. :) Lets see.

Vn
vinabao
Oct 02 2014 at 02:19
104 posts
Short at any rally .
1.2000 is the key important point the pair must hit .

takechance (takechance)
Oct 02 2014 at 02:23
271 posts
victoriajensen posted:
EUR/USD hit strong support at 1.2600 and we might see some pullback before it heads for 1.2500, especially considering that a double bottom seems to have formed in the one hour filter chart.


A pullback to 1.2680 - 1.2700 area seems quite possible by the end of this week.

alexforex007
Oct 02 2014 at 02:54
774 posts
I agree the EURUSD could get to the 1.2700 level, but that level could be become a good resistance.

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