Edit Your Comment
EUR/USD
Member Since Oct 11, 2013
775 posts
Aug 18, 2015 at 07:42
Member Since May 01, 2015
675 posts
On Monday’s session EUR registered a second consecutive loss against USD. The new week started negatively for the single currency, although the session was fairly calm, with no sharp price changes. Although the depreciation of the euro was not significant, it was enough to allow the pair to break the support at 1.1080. Expecting the downward move to continue until 1.1049 level. Trading on Monday started a rate of 1.1115, and the ended 39 pips lower. Bottom of the day was reached at 1.1058.
Member Since Apr 08, 2014
1141 posts
Aug 18, 2015 at 08:13
Member Since Apr 08, 2014
1141 posts
Yesterday the EURUSD fell and close near the low of the day with a narrow range, although held its ground just above the 10-day moving average. Absent economic releases in the euro area today so we might experience some consolidation, as inflation figures in the US economy are due tomorrow and the FOMC will release its minutes.
"I trade to make money not to be right."
Member Since Jul 10, 2014
1117 posts
Aug 18, 2015 at 18:27
Member Since Jul 10, 2014
1117 posts
EUR/USD almost reached 1.1000 today and it will likely test that support for a while. Should it manage to break below that level it will likely continue towards the next support level visible on the daily filter chart, which is at 1.0850.
Member Since Jun 08, 2014
454 posts
Aug 19, 2015 at 07:18
Member Since May 01, 2015
675 posts
The euro recorded a losing session against the dollar on Tuesday. The bearish trend continues for third consecutive day and as a result of this the support at 1.1049 has been broken, as the pair finished below these levels. Despite the weak performance of the single currency in the short term is expected price adjustment and test the resistance at 1.1214. Trading on Tuesday launched at a rate of 1.1076 as at the beginning of the trend was neutral. EUR began to lose positions around noon and bottomed at 1.1017. The session ended with only 3 pips above.
Member Since Apr 08, 2014
1141 posts
Aug 19, 2015 at 08:17
Member Since Apr 08, 2014
1141 posts
Yesterday the EURUSD pair fell for the straight third day and closed in the red near the low of the day, shy below the 50-day moving average. All eyes now turn to the US as the market waits for the Fed's Monetary Policy Statement later today, regarding the possibility of an interest rate hike in September.
"I trade to make money not to be right."
Member Since Jun 08, 2014
454 posts
Member Since Jul 10, 2014
1117 posts
Aug 19, 2015 at 18:46
Member Since Jul 10, 2014
1117 posts
Abdul2012 posted:
The EUR/USD rose up 100 pips today and heading to 1.1214 resistance so fast.
First it will have to break above the resistance at 1.1180 visible on the daily filter chart.
Member Since Jan 31, 2014
83 posts
Aug 19, 2015 at 19:54
Member Since Jan 31, 2014
83 posts
The party up will be spoiled - Beware Greeks with big Euro bashing spanners !!!
The Greek Debt Tragedy is still yet to run again.
The Bundestag amongst Merkels government are starting to turn. They are voicing fears that Greece will default again.
I am going to scalping stategy for the time being.
The Greek Debt Tragedy is still yet to run again.
The Bundestag amongst Merkels government are starting to turn. They are voicing fears that Greece will default again.
I am going to scalping stategy for the time being.
Si eius XCIX% Ius ergo est Nefas - Sileo processus (If its 99% Right then it is Wrong - Restart the process)
*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.