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Silk
Jun 12 2016 at 18:44
41 posts
what is the pair going to go up or down?

deresel
Jun 12 2016 at 20:25
708 posts
The dollar ended the week with a sharp rise against other major currencies, despite the Federal Reserve this summer lowered expectations of growth rates. On Friday, the USD index, showing the US dollar against a basket of major currencies, rose 0.65%. The index finished the week higher by 0.56%. On Friday, the EUR/USD pair finished trading at 1.1251, jumped 0.57% on the day, but losses for the week amounted to 1.02%.

deresel
Jun 12 2016 at 20:33
708 posts
The sentiment on the dollar remained fragile as markets revised expectations for the timing of the next rate hike the central bank of the United States after on Friday data showed the smallest increase in the number of employees since September 2010.
In addition, on Monday, Federal Reserve Chairman Janet Yellen said the US central bank does not intend to raise interest rates, while keeping the uncertain economic outlook in the United States. Yellen also expects, that the US recovery will continue, but did not specify the possible timing of the next rate hike.

csc2009
Jun 12 2016 at 21:37
834 posts
The pair probably consolidate in ranges prior to the UK referendum. Only 10 days to go, get ready for significant levels of high volatility.

FXWES
Jun 13 2016 at 04:45
675 posts
The euro marked a decline against the US dollar for a second day in a row on Friday. EUR/USD lost 62 pips to a closing price of 1.1252. The pair broke the first resistance at 1.1286. Next bears target is the first support at 1.1100. On the upside, the resistance is located at 1.1286.

idimitrov
Jun 13 2016 at 06:16
421 posts
The euro was down against the US Dollar on Friday. EUR/USD is at 1.1250, shedding 0.58%. The support is now located at the level of 1.1246, the low of Friday's trading, and resistance is likely to make the level of 1.1416 - the maximum of Thursday.

idimitrov
Jun 13 2016 at 06:16
421 posts
Giving a forecast for the EUR/USD pair for the next month, the majority of experts (80%) insist on lowering the pair at least to the level of 1.1100. As a result, after ECB President Mario Draghi's speach, the pair really started to move south and graduated from a week in the middle between the support levels 1.1283 and 1.1200, designated on the basis of graphical data analysis.

Silk
Jun 13 2016 at 06:35
41 posts
Please let me know if the currency pair go up or down, god bless you

paidsignals
Jun 13 2016 at 06:36
93 posts
The EURUSD attempted to push higher last week topped at 1.1415 but whipsawed to the downside and closed lower at 1.1252. The bias is bearish in nearest term retesting the lower line of the bullish channel as you can see on my daily chart below, located around 1.1130 region which is a good place to buy with a tight stop loss. Immediate resistance is seen around 1.1285. A clear break above that area could lead price to neutral zone in nearest term testing 1.1320 area.

paidsignals
Jun 13 2016 at 08:52
93 posts
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