EUR/USD
Member Since Jun 08, 2014
454 posts
Jun 22, 2015 at 19:13
for the third day EUR/USD is testing the resistance 1.1400 and drop back.
Jun 23, 2015 at 06:42
Last 4hr candle not good for euro bulls... 1.13 again on cards... break of 1.129 will ruin euro bulls and if anyhow euro gains momentum upside above 1.141 and goes for 1.1467.. then bears gone...
so far momentum of euro upside seems very weak... last 4hr candle dangerous for bulls...
so far momentum of euro upside seems very weak... last 4hr candle dangerous for bulls...
forex_trader_186239
Member Since Apr 15, 2014
224 posts
Jun 23, 2015 at 06:42
Consolidating.
forex_trader_186239
Member Since Apr 15, 2014
224 posts
Jun 23, 2015 at 06:52
I thing euro/usd is still in consolidating mode
Member Since Apr 08, 2014
1141 posts
Jun 23, 2015 at 07:08
Yesterday the EURUSD initially rose but found yet again enough resistance near the 1.1391 to give all its gains back and closed in the red near the low of the day. The pair is still in a choppy consolidation due to fundamental uncertainties like Greece but is set to break the 10-day moving average and test the 1.1236 daily support.
"I trade to make money not to be right."
Jun 23, 2015 at 10:42
EUR/USD was hesitant yesterday. The signals are neutral in nearest term. Support for the day we have to 1.1290. A clear break below that area could trigger further bearish pressure testing 1.1250 / 00. Basically, as long as price remains below 1.1465 I still prefer the scenario downwards with targets in the area of 1.1180 - 1.1050.
Member Since Jul 10, 2014
1117 posts
Jun 23, 2015 at 18:14
EUR/USD broke below the support at 1.1240 and is still descending. It will likely continue falling until it reaches the support at 1.1030.
Member Since Jun 08, 2014
454 posts
Jun 23, 2015 at 20:58
What triggered this sudden drop? is it the meeting of the EU?
forex_trader_186239
Member Since Apr 15, 2014
224 posts
Jun 24, 2015 at 07:13
I think it was a mixing of technical and fundamental reasons...
Member Since Apr 08, 2014
1141 posts
Jun 24, 2015 at 08:25
Yesterday the EURUSD plunged and closed in the red near the low of the day, on a wide range day. The pair is trading inside a daily support zone and the sharp drop was held by the 50-day moving average. Today we may expect a green inside day due to the wide range day drop of yesterday. Key levels for today, to the downside the 1.1097 what’s left of the daily support, to the upside we have the 1.1236 the upper band of the daily support and the 1.1288 the 10-day moving average.
"I trade to make money not to be right."
Jun 24, 2015 at 10:21
The euro recorded serious losses against the dollar on Tuesday. The single currency did not meet expectations and tumbled against the dollar, breaking and first support at 1.1214 and the second at 1.1149. If the negative trend continues in the future, the key level at 1.1081 will be threatened.
Member Since Oct 02, 2014
909 posts
Jun 24, 2015 at 10:28
Eurogroup Meeting starts in 32 minutes.
Positivity
forex_trader_98
Member Since Aug 13, 2009
45 posts
Jun 24, 2015 at 13:20
arigoldman posted:
Eurogroup Meeting starts in 32 minutes.
there wont be any major change. Market knows greece is out now.
Member Since Jun 08, 2014
454 posts
Jun 24, 2015 at 17:38
EUR/USD is testing support line 1.1172 until now we dont have a break below the support line but the RSI broke below the rising trend line which support more drop on the price. I am looking forward for 1.1100
