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andryou80 (andryou80)
Dec 04 2014 at 07:27
30 posts
pramodwick posted:
today whatz the taregt euro/usd ??

1.2

nothing is impossible
andryou80 (andryou80)
Dec 04 2014 at 07:42
30 posts
sherifFares posted:
well we got almost 100 pips drop on the pair with no news at all plus no signal on the chart indicates a drop, the EUR/USD is getting more and more unstable.

SELL can hold until the end of the week

nothing is impossible
pramodwick
Dec 04 2014 at 08:03
41 posts
andryou80 posted:
pramodwick posted:
today whatz the taregt euro/usd ??

1.2


made new swing low..i hope today pass 1.2350 and heading to 1.2400.
then trend reversal and bearish trend conitinue

honeill (honeill)
Dec 04 2014 at 09:19
1141 posts
Bearish downtrend continues as expected and 1.2350 was broken, reinforcing bearish momentum for the trend. Bears remain in control of the pair below the 10-day moving average, currently at 1.2425. The fundamental explanation for the bearishness on the Euro sums up nicely on the following title: “Eurozone suffers from low potential growth and weak competitiveness, while political support for reform remains limited.”

"I trade to make money not to be right."
victoriajensen
Dec 04 2014 at 15:10
1117 posts
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.

bewayopa
Dec 04 2014 at 15:45
372 posts
EUR / USD continued to fall on Wednesday, breaking below the main support line.
These signs designate the momentum 'bearish', and open the way for us to see probably the lowest pair in the near future.
R3 - 1.24552
R2 - 1.24225
R1 - 1.23659
Daily Std. Pivot - 1.23332
S1 - 1.22766
S2 - 1.22439
S3 - 1.21873
https://bewayopa.wordpress.com/

Abdul2012
Dec 04 2014 at 16:57
413 posts
The pair rebounding at the moment from the 1.2422 resistant point, that means the bearish trend is not over.

sherifFares
Dec 04 2014 at 20:15
454 posts
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.

csc2009
Dec 04 2014 at 22:20
834 posts
Eur/usd might head higher if NFP tomorrow is weak, but overall it would still be bearish trend.

peeterwoolf
Dec 04 2014 at 23:55
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.


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