EUR/USD
Member Since Jun 08, 2014
454 posts
May 14, 2015 at 18:31
for now I am waiting a break over the resistance line 1.1400 which is formed on the daily and weekly chart.
May 14, 2015 at 22:07
EUR / USD rose on Wednesday, broke above the resistance line (turned into support) and 1.1290 reached once again the main resistance zone of 1.1375.
Our studies support the momentum if the EUR / USD can maintain upward movement.
Regarding the broader trend, the break above 1.1045 marked the conclusion of a possible training 'double bottom' something that could represent bullish implications wider.
Our studies support the momentum if the EUR / USD can maintain upward movement.
Regarding the broader trend, the break above 1.1045 marked the conclusion of a possible training 'double bottom' something that could represent bullish implications wider.
Member Since Oct 11, 2013
775 posts
May 15, 2015 at 02:38
The Euro stays strong and it may continue going higher, a temporary bearish pullback is possible, but the bullish momentum is still in place.
Member Since Apr 08, 2014
1141 posts
May 15, 2015 at 09:28
EURUSD rose on yesterday session breaking above previous swing high and close in the middle of the daily range on a narrow range day. The narrow range day is a sign of weakness in the upward momentum as the currency approaches a daily resistance at 1.1460. Today we have a light economic agenda so is a great day for retail profit taking, meaning that today should be a bearish day also with a narrow range day.
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
May 15, 2015 at 11:35
EUR/USD couldn't break above the resistance at 1.1440 and is currently in retracement. That said, I think the rally isn't over yet and the pair will continue testing the resistance until it manages to break above it.
May 15, 2015 at 13:13
The euro experienced a significant increase against the dollar on Wednesday. The pair fulfilled the expectations and thus approached the resistance at 1.1449. Short-term indicators remain in favor of the single currency and a break of key levels could be made soon. Wednesday session started on a course of 1.1211 by early trend was volatile. Bulls took control of the currencies afternoon and peak of the day was achieved at the price of 1.1381. Cross the finish line was 28 pips lower.
forex_trader_186239
Member Since Apr 15, 2014
224 posts
May 15, 2015 at 13:14
1.4000 level is unstable one, I believe anything is possible
May 15, 2015 at 15:18
victoriajensen posted:
EUR/USD couldn't break above the resistance at 1.1440 and is currently in retracement. That said, I think the rally isn't over yet and the pair will continue testing the resistance until it manages to break above it.
I agree with you but i don't thing that will happened today.
forex_trader_236107
Member Since Mar 10, 2015
116 posts
May 15, 2015 at 17:41
Abdul2012 posted:victoriajensen posted:
EUR/USD couldn't break above the resistance at 1.1440 and is currently in retracement. That said, I think the rally isn't over yet and the pair will continue testing the resistance until it manages to break above it.
I agree with you but i don't thing that will happened today.
How could it not happen when the spike was heading right towards the r1 daily pivot. It missed it by several pips on the first spike, but we just touched that pivot as of 10 mins ago. If EU can accumulate here until US market close, then EU will have a massive gap, which smart traders can take advantage of by over-leveraging second prior to the market close.
Member Since Jun 08, 2014
454 posts
May 15, 2015 at 18:27
Price broke over resistance level 1.1400 and I am going long over 1.1450.
May 15, 2015 at 18:45
EUR / USD was trading higher on Thursday, breaking above the 1.1375 resistance barrier and 'hitting' next barrier of 1.1445, defined by the maximum of 13, 17 and 19 February.
It is open the way for the psychological area of 1.1500.
However, the RSI hit resistance at its line of 70 and went down, while the MACD rose and may move below its signal line soon.
It is open the way for the psychological area of 1.1500.
However, the RSI hit resistance at its line of 70 and went down, while the MACD rose and may move below its signal line soon.
Member Since Apr 14, 2014
230 posts
May 15, 2015 at 23:09
Check it out the article: Crédit Agricole says it’s time to short the euro(https://www.marketwatch.com/story/credit-agricole-says-its-time-to-short-the-euro-2015-05-15).
May 16, 2015 at 10:18
Euro / Dollar continued its bullish momentum yesterday, topped at 1.1444 but closed lower at 1.1407. Trading signals remain up now to test 1.1500 - 1.1535. Immediate resistance at 1.1340 we have. A clear break below it could take price to neutral trading zone testing 1.1280 but overall I still prefer a bullish scenario at this phase and any downside pressure should now be regarded as a good opportunity for long positions.
Member Since Nov 11, 2012
271 posts
May 16, 2015 at 22:22
peeterwoolf posted:
Check it out the article: Crédit Agricole says it’s time to short the euro(https://www.marketwatch.com/story/credit-agricole-says-its-time-to-short-the-euro-2015-05-15).
Yes it is. See below what I posted sometime ago.
antariks1@
Member Since Nov 11, 2012
271 posts
May 16, 2015 at 22:23
(edited May 16, 2015 at 22:25)
takechance posted:
Now the pair finally entered into that congestion area lasted between 27.1 to 25.2.2015. Time for bears to act soon vigorously and bring it down sub 1.05 level. Fib extention touch at 1.1420 before that.
Posted on 6th May. Happening?? Lets see a few more days.
antariks1@
Member Since Nov 21, 2011
1718 posts
May 17, 2015 at 11:50
OMG, I start to understand why so many people are failling on trading... they believe newspaper! (from a french bank). Fantastic.
So the french bashing will be more intense sooner than later.
So the french bashing will be more intense sooner than later.
