Advertisement
EUR/USD
Jul 05, 2015 at 22:31
Check out this article: Paul Craig Roberts Warns Greek Government May Be Assassinated In This Crisis If They Pivot East To Stop World War III(http://kingworldnews.com/paul-craig-roberts-warns-greek-government-may-be-assassinated-in-this-crisis-if-they-pivot-east-to-stop-world-war-iii/).
Member Since Apr 08, 2014
1140 posts
Jul 06, 2015 at 09:46
On Friday session the EURUSD rose and closed in the green near the high of the day on a narrow range day, creating an inside day. The Greek drama “ended” Sunday night as the referendum “no” won by a large number and the currency opened with a Gap down of 118 pips, but like the previous one on the 28 of June, todays Gap should also be closed.
"I trade to make money not to be right."
Member Since Oct 02, 2014
905 posts
Jul 06, 2015 at 10:06
Classic buy the rumor sell the fact scenario.
Positivity
Jul 06, 2015 at 11:53
On Friday session EUR recorded a second consecutive day growth against USD after trading in a relatively narrow range. The euro rose slightly over 20 pips to a closing price of 1.1106. The daily limit values reached 1.1117 and 1.1065. For the last week the currency pair also made a progress, although much of it was erased on Tuesday and Wednesday. EUR / USD is trading on levels of uptrend line from mid-April, but sentiment remained negative. A break of 1.0955 will give an opportunity for a continuing decline.
Member Since Oct 27, 2014
53 posts
Jul 06, 2015 at 13:20
ECB feels like a stoplost that thay move all the time.
forex_trader_186239
Member Since Apr 15, 2014
224 posts
Jul 06, 2015 at 14:00
Stop loss hunting...
Member Since Jul 10, 2014
1114 posts
Jul 06, 2015 at 17:14
Although the Greeks voted "No", EUR/USD formed only a 100-pip gap when the markets opened earlier today. And not only was the gap so small, but the pair already recovered it. That was very anti-climactic, to be honest. What follows next, I wonder.
Member Since Jun 08, 2014
454 posts
Jul 06, 2015 at 17:57
Aside from the gap which the market opened with today I dont see much of an impact on the EUR/USD at least not as much as feared.
Member Since Oct 11, 2013
769 posts
Jul 06, 2015 at 20:04
The EURUSD stays very volatile, no case going in until the Greek situation is resolved.
Member Since Apr 08, 2014
1140 posts
Jul 07, 2015 at 09:36
Yesterday the EURUSD rose testing the 1.1097 level and as predicted closed the GAP opened on Sunday. We may expect a downward movement from the currency in the next two day, following the same cyclical pattern showed by the 29, 30 of June and 1st of July. The 1.0955 should be watch very closely because a breakdown of this level may throw the pair to the next Fibonacci level (61.8) at 1.0853.
"I trade to make money not to be right."
Jul 07, 2015 at 10:05
EUR started the week with a significant decrease caused by the Greek referendum by which markets opened at the level of 1.0975. After all the euro recovered positions within the day, reaching a closing price of 1.1055. Additional gains were limited at 1.1095. In the short term outlook remains negative and 1.0955 - the immediate goal. For turning the attitudes is needed a breakthrough of yesterday's high.
Member Since Jun 08, 2014
454 posts
Jul 07, 2015 at 20:47
EUR/USD bounced right up from support level 1.0900 and now we are back again to test 1.1000. And tomorrow we have the famous FOMC meeting minutes.
Member Since Nov 11, 2012
253 posts
Jul 07, 2015 at 22:31
Everyone knows what EUR did during the day. Why so much of boring commentaries. What do you guys try to accomplish....started thinking yourself analysts?
antariks1@
Member Since Apr 08, 2014
1140 posts
Jul 08, 2015 at 07:48
On yesterday session the EURUSD fell but found enough buying pressure shy below the 1.0955 level to turn back up but still closed in the red in the middle of the daily range. The currency is trading between two Fibonacci levels the 38.2 (resistance) at 1.1058 and the 50% (support) at 1.0955, these are the levels that we should pay attention for today.
"I trade to make money not to be right."
