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EUR/USD
Member Since Dec 14, 2014
2 posts
Member Since Nov 11, 2012
271 posts
Member Since Apr 08, 2014
1141 posts
Apr 06, 2015 at 08:04
Member Since Apr 08, 2014
1141 posts
EURUSD rose on Friday’s session but found enough selling pressure at a Fibonacci retracement level to turn around and close in the middle of the daily range. Stochastic is showing bullish momentum and is still above the 50 level.
We may expect an upward move toward a resistance zone at 1.1236 on a break above the Fibonacci level at 1.1034 (scenario 1) or a bounce from a Fibonacci level at 1.1034 could throw the pair back down to the upward trend line at 1.0845 (scenario 2).
We may expect an upward move toward a resistance zone at 1.1236 on a break above the Fibonacci level at 1.1034 (scenario 1) or a bounce from a Fibonacci level at 1.1034 could throw the pair back down to the upward trend line at 1.0845 (scenario 2).
"I trade to make money not to be right."
Apr 06, 2015 at 11:54
Member Since Jun 07, 2011
372 posts
EUR / USD rose on Friday after the employment report in the US have revealed poor results.
Breaking above the 1.0950 resistance line.
Our short-term momentum signals support the notion that the next wave is likely to be downward.
The RSI met with resistance in your line of 70, while the MACD seems to have gone up and is turning down.
The EUR / USD is showing minimum and maximum lower, below both moving averages 50 and 200 days.
https://bewayopa.wordpress.com/
Breaking above the 1.0950 resistance line.
Our short-term momentum signals support the notion that the next wave is likely to be downward.
The RSI met with resistance in your line of 70, while the MACD seems to have gone up and is turning down.
The EUR / USD is showing minimum and maximum lower, below both moving averages 50 and 200 days.
https://bewayopa.wordpress.com/
Member Since Jun 08, 2014
454 posts
Member Since Jul 10, 2014
1117 posts
Apr 06, 2015 at 17:47
Member Since Jul 10, 2014
1117 posts
The EUR/USD keeps testing the resistance at 1.1030 and keeps failing to break above it. I, personally, do think it will break above it and then it will continue climbing at least until it reaches 1.1200.
Member Since Apr 14, 2014
230 posts
Member Since Jan 24, 2015
24 posts
Apr 07, 2015 at 06:36
Member Since Jan 24, 2015
24 posts
hi guys
can someone explain me this trade
04.06.2015 19:15 EURUSD Sell 0.17 1.09938 - - profit in usd 114.75 pips 67.50 0.0 profit+1.86%
Total: 0.17 $114.75 67.50 0.00 +1.86%
according my calculations the profit is much smaller as % and pips.
can someone explain me this trade
04.06.2015 19:15 EURUSD Sell 0.17 1.09938 - - profit in usd 114.75 pips 67.50 0.0 profit+1.86%
Total: 0.17 $114.75 67.50 0.00 +1.86%
according my calculations the profit is much smaller as % and pips.
Low Leverage, long term trades, stay safe...
Member Since Nov 11, 2012
271 posts
Member Since Apr 08, 2014
1141 posts
Apr 07, 2015 at 08:13
Member Since Apr 08, 2014
1141 posts
EURUSD initially rose but found enough resistance at the 50-day moving average to turn around and close near the low of the day. The pair is being squeezed between the 10-day and the 50-day moving averages and on a break of either moving averages we may expect a sharp move in the direction of the break.
"I trade to make money not to be right."
Member Since Nov 11, 2012
271 posts
Apr 07, 2015 at 14:58
Member Since Jun 07, 2011
372 posts
The NFP data were quite disappointing which led to a sell-off of the USD Index.
The area of 1.1050 generates a large sales barrier.
With a fourth ring to be done in this area, today we saw the EUR / USD falling almost 200 pips up to 1.0830, area where an upward support.
This supporting generates a triangle consolidation in the currency pair, whereby the breaking of this low level would result in a very substantial reduction, probably related to the new minimum.
The area of 1.1050 generates a large sales barrier.
With a fourth ring to be done in this area, today we saw the EUR / USD falling almost 200 pips up to 1.0830, area where an upward support.
This supporting generates a triangle consolidation in the currency pair, whereby the breaking of this low level would result in a very substantial reduction, probably related to the new minimum.
Member Since Jul 10, 2014
1117 posts
Apr 07, 2015 at 18:05
Member Since Jul 10, 2014
1117 posts
It looks like EUR/USD failed to break above 1.1030 - 1.1040 and started descending again. I think it will likely reach target 1.0770, where there is a pretty strong support. That said, tomorrow U.S. Fed will release minutes from March 17-18 FOMC meeting, so we can expect quite a bit of volatility.
Member Since Jun 08, 2014
454 posts
Member Since Nov 11, 2012
271 posts
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