Edit Your Comment
EUR/USD
Jul 08, 2015 at 13:00
Member Since May 01, 2015
675 posts
The single currency registered a decrease against the dollar on Tuesday. The euro depreciated by almost 45 pips to a closing price of 1.1009. Before that the pair reached a one-month bottom level of 1.0916, while the peak was recorded at 1.1058. The chart continues to develop under the moving averages and relative strength index remains in negative territory, which implies bearish sentiment and a test of 1.0955.
Member Since Jul 10, 2014
1117 posts
Jul 08, 2015 at 18:09
Member Since Jul 10, 2014
1117 posts
There is an impressive inverted hammer candlestick right on top of the 1.1000 support level visible on the EUR/USD weekly filter chart. I think the pair might start climbing again, next target being 1.1120.
Member Since Jun 08, 2014
454 posts
Member Since Apr 08, 2014
1141 posts
Jul 09, 2015 at 08:04
Member Since Apr 08, 2014
1141 posts
Yesterday the EURUSD rose and closed near the high of the day just below the 10-day moving average on a narrow range day. The currency is in a clear consolidation mode between a daily resistance at 1.1097 and a 1.0955 Fibonacci level the 50% (support). This consolidation should continue until Friday as Greece prepares for a new and decisive summit scheduled for Sunday the 12 of July.
"I trade to make money not to be right."
Member Since Oct 02, 2014
909 posts
Jul 09, 2015 at 11:47
Member Since May 01, 2015
675 posts
EUR registered a growth against the USD yesterday, which was able to recover the lost positions during the previous day. The euro rose by nearly 65 pips to a closing price of 1.1075. The session took place in the final values 1.1091 and 1.0973. Yesterday's peak is a major challenge in an upward direction. Before its successful overcome the bears remain in the leading position.
Jul 09, 2015 at 12:59
Member Since Jun 07, 2011
372 posts
The main focus remains on Greece and the possibility of an exit from the Eurozone as yesterday the Greek PM Alexis Tsipras addresses the European Parliament and at the same time his new Fin Min sent their request for a new program to the ESM, the European bailout fund.
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Member Since Jun 08, 2014
454 posts
Member Since Jul 10, 2014
1117 posts
Jul 09, 2015 at 19:31
Member Since Jul 10, 2014
1117 posts
EUR/USD is consolidating but I think it will likely try to break below 1.1000 again.
*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.