EUR/USD
Member Since Apr 14, 2014
230 posts
Apr 08, 2015 at 00:47
csc2009 posted:Abdul2012 posted:
The EUR/USD slided down from 1.0935 to 1.0807 and still above this level at the moment. so when we can see serious movement?
We have FOMC minutes later today, that probably would further the decline.
Whilst technically Eur/Usd remains bearish, price is back below its moving averages in 1 hour chart, 1.0800 level still holds. Let's see what FOMC will bring us.
forex_trader_202879
Member Since Aug 07, 2014
406 posts
Apr 08, 2015 at 06:35
Abdul2012 posted:
The EUR/USD slided down from 1.0935 to 1.0807 and still above this level at the moment. so when we can see serious movement?
Serious movement can come at any time. The reality is the bigger movements on almost every pair comes on thursdays and fridays. As Thrusdays set up the pivot levels for Friday.
Member Since Apr 06, 2015
8 posts
Apr 08, 2015 at 06:46
peeterwoolf posted:csc2009 posted:Abdul2012 posted:
The EUR/USD slided down from 1.0935 to 1.0807 and still above this level at the moment. so when we can see serious movement?
We have FOMC minutes later today, that probably would further the decline.
Whilst technically Eur/Usd remains bearish, price is back below its moving averages in 1 hour chart, 1.0800 level still holds. Let's see what FOMC will bring us.
Exactly peeterwoolf I am waiting as well for FOMC in 16 hours from now
if it quacks like a duck..
Member Since Apr 08, 2014
1141 posts
Apr 08, 2015 at 08:42
EURUSD fell on yesterday session on above average volume and closed near the low of the day. The pair in the short-term is still respecting the upward trend line and making higher lows.
All eyes turned to the FOMC minutes later today and one of two things can happen, a Hawkish comment setting the date for interest rate hike and pushing the EURUSD to year lows or a Dovish approach that may pull the pair to the 1.1034 resistance zone.
All eyes turned to the FOMC minutes later today and one of two things can happen, a Hawkish comment setting the date for interest rate hike and pushing the EURUSD to year lows or a Dovish approach that may pull the pair to the 1.1034 resistance zone.
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"I trade to make money not to be right."
Apr 08, 2015 at 14:44
EUR / USD is moving slightly upwards during the European morning. This was mainly due to the fall in the dollar, not the strength of the EUR.
The unexpected drop in factory orders in Germany and the disappointing retail sales in the Euro zone, both for February may be the main weakness of reasons for the EUR against their peers than the dollar.
https://bewayopa.wordpress.com/
The unexpected drop in factory orders in Germany and the disappointing retail sales in the Euro zone, both for February may be the main weakness of reasons for the EUR against their peers than the dollar.
https://bewayopa.wordpress.com/
Member Since Jun 08, 2014
454 posts
Apr 08, 2015 at 19:14
The EUR/USD is struggling to break the support level.
Member Since Jul 10, 2014
1117 posts
Apr 08, 2015 at 19:49
I was expecting stronger volatility after FED released the FOMC Minutes, but the pair couldn't even break below the support at 1.0790. It looks like consolidation continues.
Member Since Nov 11, 2012
271 posts
Apr 08, 2015 at 21:18
(edited Apr 08, 2015 at 21:41)
takechance posted:
Upmove coming within a day or two for this pair.
Still expecting upmove today.
Might go long at 1.0765-70. SL and TP discretionary but 1.0660-70 is good area to stop and get out.
antariks1@
Member Since Apr 14, 2014
230 posts
Apr 08, 2015 at 22:53
Eur/Usd lost grounds today post FOMC minutes, consolidating below 1.0800 level, strong pressure on the downside.
forex_trader_236107
Member Since Mar 10, 2015
116 posts
Apr 09, 2015 at 06:26
Abdul2012 posted:Way to much guessing in forex. Just follow the price action.
The EUR/USD bounce from the 1.0800 level during the day and back again to it, And i dont think that we gonna see 1.1000 level soon.
Member Since Apr 08, 2015
3 posts
Apr 09, 2015 at 06:27
Hello,
I want to know when do real effect of this economic calender happen in the real market situation.
I ask this because I keep watching for one of the event with high impact I waited until it is done, when look at the chart after it is done, no reasonable upward trend neither down ward trend were occured.
Please can someone help me through?
I want to know when do real effect of this economic calender happen in the real market situation.
I ask this because I keep watching for one of the event with high impact I waited until it is done, when look at the chart after it is done, no reasonable upward trend neither down ward trend were occured.
Please can someone help me through?
forex_trader_236107
Member Since Mar 10, 2015
116 posts
Apr 09, 2015 at 06:36
You look at your account. Your in red, and not sure what will happen next, but you look at the STORY the media has given you, and you believe it. They go against you. You = HERD. 'The Pastor leads the sheep to be slaughtered.' I perfer going into the pivot touch of a new day, and have enough lots to work with using Martingale, to score accuracy + $$$ value.
Member Since Apr 08, 2014
1141 posts
Apr 09, 2015 at 08:21
EURUSD fell on yesterday session after the release of the latest FOMC Minutes, as they were perceived slightly less dovish and a June rate hike is still possible. So we may expect the resumption of the downward trend to the next target at 1.0680.
"I trade to make money not to be right."
Member Since Apr 08, 2015
3 posts
Apr 09, 2015 at 08:22
If I get you right you mean, after an event from economic calander has been before it effect the live market I have to wait for the price to touch daily pivot point then, at anytime from there effect of economic calander can occur. Am I right?
Apr 09, 2015 at 11:05
EUR / USD rebounded slightly on Wednesday, after finding support near the 1.0800 level.
Found resistance at the moving average of 50 periods and fell after the release of the minutes of the March meeting of the Fed.
In the bigger picture, the overall trend is still downward. The EUR / USD is proving lower minimum and maximum below both moving averages 50 and 200 days.
Found resistance at the moving average of 50 periods and fell after the release of the minutes of the March meeting of the Fed.
In the bigger picture, the overall trend is still downward. The EUR / USD is proving lower minimum and maximum below both moving averages 50 and 200 days.
Member Since Jul 10, 2014
1117 posts
Apr 09, 2015 at 15:16
EUR/USD broke below the support at 1.0790 and is likely headed for target 1.0470 which is the previous low. That said, I don't think we can be sure that the bearish trend will continue before the pair breaks below that level.
