EUR/USD

Jun 17, 2012 at 11:03
183,384 Views
9,776 Replies
Member Since Apr 08, 2014   1141 posts
Jul 02, 2015 at 08:33
Yesterday EURUSD fell breaking below the 1.1097 the lower band of a daily resistance and closed near the low of the day. Today we might see a retest of the 1.1097 level before another push downward with the target at the 1.0955 a Fibonacci retracement (50.0).
"I trade to make money not to be right."
Member Since May 01, 2015   675 posts
Jul 02, 2015 at 13:24
EUR recorded second consequential reduction on Wednesday. The session started at a price of 1.1143 and around noon the pair reached the highest level for the day at 1.1165. Later the price went down at the end of the day the single currency finished at a price of 1.1052. If the downward trend continues, we can expect an attempt to break into the first support at 1.0953.
Look009
forex_trader_186239
Member Since Apr 15, 2014   224 posts
Jul 02, 2015 at 14:23
1.0000 looks as very attractive point so far
Member Since Jul 10, 2014   1117 posts
Jul 02, 2015 at 19:00
I think EUR/USD will likely continue consolidating for now because everyone is waiting for the Greek referendum on Sunday, but I too think a drop to the support at 1.1000 is still possible.
Member Since Jun 08, 2014   454 posts
Jul 02, 2015 at 19:04
still the resistance level 1.1120 stands until there is no break expect more drop on the EUR/USD but the volume on the pair is low.
Member Since Jun 08, 2014   413 posts
Jul 02, 2015 at 21:46
EUR/USD bounced a bit over the 1.1030 but i see that still a chance to see 1.1000 soon.
Member Since Apr 09, 2014   834 posts
Jul 02, 2015 at 21:56
The euro was unable to hold above the key level of 1.1100 even with weak NFP. The outcome from Greek referendum on Sunday remains uncertain, it can go either way. Monday will be crucial.
Member Since Apr 08, 2014   1141 posts
Jul 03, 2015 at 08:12
On yesterday session the EURUSD made the retest of the 1.1097 level on a narrow range day although the nonfarm payrolls come out worse than expected. Today will be a light trading day due the US observed Independence Day (Bank holiday). A word of caution, the Greek referendum on Sunday can cause another Gap.
"I trade to make money not to be right."
Member Since May 01, 2015   675 posts
Jul 03, 2015 at 10:47
EUR recorded a slight rise against the USD on Thursday after two consecutive negative sessions before. The pair opened at a rate of 1.1052, and the price went down slightly, reaching a daily bottom at 1.1031. Later direction started to climb and at the end of the day the euro closed at a rate of 1.1083. If the price went up, the pair will move to the first resistance at 1.1270.
Member Since Oct 02, 2014   909 posts
Jul 03, 2015 at 11:54
Parity... soon...
Positivity
Member Since Jul 10, 2014   1117 posts
Jul 03, 2015 at 14:50
EUR/USD has fallen asleep completely, but considering the events on Sunday this is like the calm before the storm.
Member Since Jun 08, 2014   413 posts
Jul 03, 2015 at 19:34 (edited Jul 03, 2015 at 19:35)
Peaceful Friday for the EUR/USD but the violent coming next week by the Greece.
Member Since Jun 08, 2014   454 posts
Jul 03, 2015 at 19:52
Now all eyes will be on Greece market impact next week.
Member Since Jun 17, 2015   42 posts
Jul 03, 2015 at 22:14
victoriajensen posted:
EUR/USD has fallen asleep completely, but considering the events on Sunday this is like the calm before the storm.

Agree Victoria - all we are seeing to day is a bit of Yen strength - next week will bring a change though :)

Sean
market nobility
Look009
forex_trader_186239
Member Since Apr 15, 2014   224 posts
Jul 03, 2015 at 22:15
The way to cope with the future is to create it
Member Since Jun 07, 2011   372 posts
Jul 03, 2015 at 22:15
The EUR traded slightly higher after a moderate improvement in PMI's late June in the service sector France and Italy, while Germany's rate of decline.
Member Since Jun 07, 2011   372 posts
Jul 03, 2015 at 22:20
The close of the markets in Europe and the United States today unveiled caution and that all eyes are now focused on the outcome of the referendum in Greece on Sunday.
Look009
forex_trader_186239
Member Since Apr 15, 2014   224 posts
Jul 04, 2015 at 20:07
Be aware of the spikes on opening ! The market will be thin and will be stop loss hunting
Member Since Nov 12, 2010   174 posts
Jul 05, 2015 at 20:49
Big gap down to 1.10 at open it looks like we shall see.
See my profile or message me for my latest EA
Member Since Oct 27, 2014   53 posts
Jul 05, 2015 at 21:01
Jump to 1.099
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.