Jul 08 2015 at 18:09
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.
Jul 08 2015 at 18:55
EUR/USD still struggling with 1.1000 as resistance level.
EUR/USD is failed to break above the 1.1090 today too and for the 2nd time this week,The pair still under strong buy in the market.
Eur/Usd is consolidating above 1.1050 level due to latest rumors about possible Greece deal (another one) this weekend, on the upside resistance level can be found 1.1100.
Jul 09 2015 at 06:18
A very hard level 1.1100....
Jul 09 2015 at 08:04
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."
Jul 09 2015 at 10:29
Interesting to see where it goes from here.
Positivity
Jul 09 2015 at 11:11
No long time predictions can be done... Just jumping randomly !
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.
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.
The proposals are due in Brussels by midnight today. The big question remains: in order to satisfy the creditors, he’ll have to make deeper cuts than in the previous proposal?
Eur/Usd remains trading in a tight range between 1.1070 and 1.1020, unaffected by US or Greek news. Break of the range would show us a clear direction.
Jul 09 2015 at 15:32
my prediction is IT WILL GO UP
Jul 09 2015 at 18:04
EUR/USD surprisingly climbed more than 100 pips and again rebounds back to 1.1000 support/resistance level of 1.1000 is holding the price.
Jul 09 2015 at 19:31
EUR/USD is consolidating but I think it will likely try to break below 1.1000 again.
EUR/USD is so weak this week and the Eurozone is in a state of alert to the fate of Greece.
Jul 10 2015 at 08:32
Eurusd is now on bullish mode. We should stay on bullish mode if this pair stay above 1.1000 level. On the upside 1.1120 will be near term resistance for this pair.
Jul 10 2015 at 08:36
Hunting for stops of super-levereged positions... Market defends himself
Jul 10 2015 at 09:25
Yesterday the EURUSD initially rose but found enough selling pressure at 1.1097 to give all its gains back to the market and closed in the red slightly below the open of the day, creating a doji candle pattern. Today we might see another attempt in the bullish side with the following resistance levels to watch: 1.1158 (50 day moving average), 1.1185 Fibonacci level (23.6) and a daily resistance at 1.1236. Do not forget the Greek summit on Sunday the 12 of July.
"I trade to make money not to be right."
The pair reported a decrease of 40 pips on Thursday and then the euro was trading at a price of 1.1035 at the end of the session. The trading took place within the final values 1.1122 and 1.0991. Overall prospects for the EUR / USD remains negative, and the levels at 1.1090 / 1.1105 - indicative for the dominance of the bears.
