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EUR/USD
Member Since Apr 14, 2014
230 posts
Jul 27, 2014 at 15:31
Member Since Jun 07, 2011
372 posts
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.
Jul 28, 2014 at 00:02
Member Since Apr 09, 2014
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.
Member Since Apr 14, 2014
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Member Since Oct 11, 2013
775 posts
Member Since Oct 08, 2011
137 posts
Jul 28, 2014 at 06:20
Member Since Oct 08, 2011
137 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"
Member Since Jun 08, 2014
454 posts
Jul 28, 2014 at 15:01
Member Since Jun 08, 2014
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
Member Since Apr 14, 2014
230 posts
Member Since Apr 08, 2014
1141 posts
Jul 28, 2014 at 21:44
Member Since Apr 08, 2014
1141 posts
The EUR/USD is trading higher (daily chart), but the volume is down and the action is light.
Everyone is waiting for Fed announcement later this week along with U.S. GDP and Non-Farm Payrolls data.
Everyone is waiting for Fed announcement later this week along with U.S. GDP and Non-Farm Payrolls data.
"I trade to make money not to be right."
Member Since Oct 11, 2013
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Member Since Jun 08, 2014
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Member Since Nov 11, 2012
271 posts
Jul 29, 2014 at 10:49
Member Since Jun 11, 2014
33 posts
honeill posted:toatl you are right we have to wait and see what will happen
The EUR/USD is trading higher (daily chart), but the volume is down and the action is light.
Everyone is waiting for Fed announcement later this week along with U.S. GDP and Non-Farm Payrolls data.
Jul 29, 2014 at 14:15
Member Since Jun 08, 2014
413 posts
ifyforex posted:honeill posted:toatl you are right we have to wait and see what will happen
The EUR/USD is trading higher (daily chart), but the volume is down and the action is light.
Everyone is waiting for Fed announcement later this week along with U.S. GDP and Non-Farm Payrolls data.
And i agree with that too, waiting for the moment while is the pair still at this level.
Jul 29, 2014 at 14:34
Member Since Jul 22, 2014
36 posts
Abdul2012 posted:ifyforex posted:honeill posted:toatl you are right we have to wait and see what will happen
The EUR/USD is trading higher (daily chart), but the volume is down and the action is light.
Everyone is waiting for Fed announcement later this week along with U.S. GDP and Non-Farm Payrolls data.
And i agree with that too, waiting for the moment while is the pair still at this level.
Sure | do you have any idea on the current running with opening of New York Session, as it went down till 1.34100 😂
Its seems to wait for next 3 more days to come it up. 1.34300 level back |
How about this going to 1.341xx level ?
Prachait
Forex - Currency Trading is for Living |
forex_trader_178891
Member Since Feb 26, 2014
104 posts
Jul 29, 2014 at 17:28
Member Since Feb 26, 2014
104 posts
I ma sure most of traders LONG at this point .
Technically the pair has strong support at 1.3400 But I dont see any good news for EUR at all .
All news is bad news for the pair .For long term the pair is on down trend movement .
If the pair break the support and down to 1.33 than many traders would be wiped out .
It is interesting to see majority of traders fight with the down trend at this point .
Let see who will win this war .
Technically the pair has strong support at 1.3400 But I dont see any good news for EUR at all .
All news is bad news for the pair .For long term the pair is on down trend movement .
If the pair break the support and down to 1.33 than many traders would be wiped out .
It is interesting to see majority of traders fight with the down trend at this point .
Let see who will win this war .
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